Current Affairs MCQs : Dated – 13 August 2025

Q. The Income-Tax Bill, 2025 replaces which earlier law?
a) Direct Tax Code, 2010
b) Wealth Tax Act, 1957
c) Income Tax Act, 1961
d) Taxation Laws Act, 1980

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Ans: c) Income Tax Act, 1961
On 12 August 2025, Parliament passed the Income-Tax Bill, 2025, replacing the Income Tax Act of 1961. The new law, effective from 1 April 2026.

Q. India Bans Jute Imports from Bangladesh via Land Routes in August 2025, which port is now the only entry point for the banned jute products from Bangladesh?
a) Haldia Port
b) Paradip Port
c) Kolkata Port
d) Nhava Sheva Seaport

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Ans: d) Nhava Sheva Seaport
On 12 Aug 2025, India banned imports of certain jute products from Bangladesh via land routes, restricting them to Nhava Sheva Seaport in Maharashtra.

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