DAILY GK 1 DEC 2025
1.
CHAIRMAN OF CBIC
·
The Appointments Committee of the Cabinet (ACC),
has approved the appointment of VivekChaturvedi, a
1990-batch Indian Revenue Service (IRS) (Customs & Indirect Taxes) officer,
as the new Chairman of the Central Board of Indirect Taxes and Customs (CBIC).
·
He succeeds Sanjay
Kumar Agarwal, who superannuated on 28 November 2025.
·
As CBIC Chairman, he will oversee India’s indirect taxes, including Goods and Services Tax(GST),
customs, and central excise, and guide policies on enforcement, compliance,
customs modernization, and indirect tax reforms.
2.
DG OF BSF
·
The Ministry of Home Affairs (MHA) assigned Praveen
Kumar, currently Director General (DG) of the Indo‑Tibetan Border
Police (ITBP), the additional charge of DG of the
Border Security Force (BSF).
·
He succeeds Daljit Singh Chawdhary, who
superannuated on 30 November 2025.
3.
MD OF LIC
·
The Department of Financial Services (DFS),
Ministry of Finance (MoF), Government of India (GoI) appointed Ramakrishnan Chander as
the Managing Director (MD) of Life Insurance Corporation of India (LIC) with
immediate effect until September 30, 2027.
·
LICEstablished – 1956.
·
Headquarters – Mumbai.
4.
EXECUTIVE DIRECTOR OF RBI
·
The Reserve Bank of India (RBI)
appointed Usha Janakiraman as its new Executive Director (ED)
effective from 1 December 2025
·
She will lead the Department of Supervision (DoS) as
ED, focusing on risk assessment, data analysis, vulnerability monitoring,
and strengthening the financial system’s oversight.
·
The RBI currently has
16 Executive Directors (EDs) who oversee and manage its various
departments.
5.
UN RESIDENT COORDINATOR IN INDIA
·
United Nations (UN) Secretary-General Antonio Guterres appointed Stefan Priesner of
Austria as the United Nations (UN)
Resident Coordinator in India.
·
He succeeds Shombi Sharp,
who has completed a four-year term.
·
As UN Resident Coordinator in India, he oversees the UN Country Team, directs all UN development activities,
represents the UN at the highest levels, provides policy guidance to the
government, and drives progress on the Sustainable Development Goals (SDG).
6.
GOVERNMENT APPROVES ‘TEX-RAMPS’ SCHEME
·
The Government of India (GoI) approved the
Textiles Focused Research, Assessment,
Monitoring, Planning and Start-up (Tex-RAMPS) Scheme,
a major initiative aimed at strengthening
research, innovation and overall competitiveness in the textile industry.
·
It will be implemented
as a Central Sector Scheme (CSS), fully funded by the
Ministry of Textiles (MoT) and aligned with the upcoming
Finance Commission (FC) cycle.
·
The scheme is implemented with a total outlay of Rs 305
crores (cr) for the period FY2025-26 (Financial
Year 2025-26) to FY 2030-31.
7.
INDIA SIGNS DEAL WITH USA FOR NAVY COPTER SUPPORT
·
The Ministry of Defence (MoD) has
signed a five-year deal with USA for “follow-on support” of
the Indian Navy(IN’s) fleet of 24
MH-60R Seahawk helicopters, boosting operational readiness.
·
The agreement, worth
around Rs. 7,995 crore, was formalised via Letters of Offer and Acceptance (LOAs)
under the USA Foreign Military Sales (FMS) programme, in New Delhi.
·
India signed the original procurement agreement for 24 helicopters in February
2020, and the first three helicopters were delivered in 2021.
·
The MH‑60R Seahawk is a versatile naval helicopter developed by Sikorsky Aircraft Corporation,
which is part of Lockheed Martin.
·
It serves as the primary
anti-submarine warfare (ASW) and anti-surface warfare helicopter for
multiple navies worldwide.
8.
CBDT LAUNCHES PHASE 2 OF NUDGE CAMPAIGN
·
The Central Board of
Direct Taxes (CBDT), under the Ministry of Finance(MoF), has initiated the second phase of its Non-Intrusive Usage of
Data to Guide and Enable (NUDGE) campaign, designed
to promote voluntary reporting of foreign assets and overseas income by Indian
taxpayers.
·
NUDGE Phase 1: The initial campaign, launched in
November 2024, prompted thousands of
taxpayers to revise their returns, resulting in the disclosure of foreign assets valued at Rs. 29,208 crore and foreign‑source income totaling Rs. 1,089.88 crore.
·
Under NUDGE Phase 2, CBDT will begin
sending Short Message Service(SMS) and Electronic mail (email) advisories
from November 28, 2025, to taxpayers identified through Automatic Exchange of
Information (AEOI) data analysis for Financial Year
2024-25(FY25).
·
Taxpayers receiving these
alerts must review their Income Tax Returns (ITRs) for Assessment Year 2025‑26 (AY26) and,
if needed, file revisions by 31 December 2025.
·
The initiative follows CBDT’s PRUDENT (Professionalism,
Responsibility, Understanding, Dedication, Effective enforcement, Non-intrusive
administration, and Technology‑based compliance), emphasizing data-driven,
transparent, and non-intrusive tax administration in line with the Viksit
Bharat vision.
·
Taxpayers who fail to
disclose foreign assets and income may face a flat penalty of Rs.10 lakh under the Black Money (Undisclosed Foreign
Income and Assets) Act, 2015, along with income tax at 30% on the undisclosed
foreign income.
·
In addition, an extra penalty of up to 300% of the tax
payable may also be imposed.
·
The CBDT, the apex
body for direct tax administration under the Department of Revenue,
Ministry of Finance (MoF), Government of India (GoI).
9.
C-DOT SIGNED MOU WITH
IIT ROORKEE TO ESTABLISH COE
·
The Centre for
Development of Telematics (C-DOT), a premier Research and
Development (R&D) centre of the Department of Telecommunications (DoT),
Ministry of Communications, signed a
Memorandum of Understanding (MoU) with the Indian Institute of Technology Roorkee
(IIT Roorkee), Uttarakhand to establish a Centre of Excellence (CoE) at
the IIT Roorkee campus, Uttarakhand,
for advanced communication technologies.
·
The partnership aims
to accelerate indigenous research, support technological self-reliance, and
enhance India’s telecom ecosystem through academia–industry collaboration.
10. 56TH IFFI HELD IN GOA
·
The 56th edition of the International Film Festival of India (IFFI) was
held in Panaji, Goa.
·
IFFI 2025 features Japan as
the Country of Focus, Spain as
the Partner Country, and Australia as
the Spotlight Country.
·
Theme: The festival highlights the “Convergence of
Creativity and Technology”.
·
The film “The Blue Trail” by
Brazilian Director Gabriel Mascaro was screened as the Opening Film.
·
A Thai film “A Useful Ghost” by
Ratchapoom Boonbunchachoke was screened as the Closing Film.
·
NandamuriBalakrishna, Member
of Legislative Assembly (MLA), Andhra Pradesh (AP) received the Special Recognition for Contribution to Indian Cinema.
·
WAVES Film Bazaar: On
November 20, 2025, Union Minister of State (MoS) Dr. L. Murugan, MIB,
inaugurated the 19th WAVES Film Bazaar, South Asia’s premier global film
market, at the Marriott Resort in Panaji.
·
CM of Goa PramodSawant
released a commemorative postal stamp
commemorating the 100th birth anniversary of K Vaikunth, a
renowned cinematographer and filmmaker,
in recognition of his lifetime contribution to Indian cinema.
