Gross FDI in India Reached Four-Year High in June 2025
• Gross Foreign Direct Investment (FDI) into India reached a four-year high in June 2025.
• Net FDI contracted more than 50% due to faster growth in repatriations and outward investments by Indian companies.
• Gross investments in June 2025 grew 10.5%, but outward FDI growth outpaced it, leading to a contraction in net FDI.
• Gross inflows into India stood at $9.3 billion in June 2025, a 22% increase from $7.6 billion in June 2024 and $7.2 billion in May 2025.
• Repatriation or disinvestment increased by 40.7% in June 2025 to $5.7 billion.
Eight States Propose Cess on Sin, Luxury Goods Above GST Rate
• Eight states propose a cess on sin and luxury goods above the proposed 40% GST rate.
• The cess aims to protect States’ revenues from potential revenue losses from the Centre’s rate rationalisation.
• The Centre has proposed removing 12% and 28% tax slabs and moving most items to 5% and 18%, respectively.
• A 40% rate is proposed for a few sin and luxury items.
• The Finance Ministers of these states have drafted a note outlining their concerns and proposals.
India FDI Growth 2025 is important topic for Civil service exam (WBCS).
🚨Daily Current Affairs MCQ pdf download- Google Drive Link https://drive.google.com/drive/folders/1PN6A2mDkCngLsGR115zhZ_vTV8W7AKN8?usp=drive_link
✅Telegram channel link: https://t.me/TheSoumyaSir
✅Attempt the daily current affairs test in our free section of app (android and ios) : https://play.google.com/store/apps/details?id=co.iron.rrnvu
✅ Interview related telegram group https://t.me/IASWBCSInterview 🔥 Book free consultation with WBCS Gr A Officer: https://bit.ly/Free-Appointment-with-Soumya-Sir-Other-WBCS-A-Officer
✅ Courses https://www.wbcsmadeeasy.in/courses/
✅ Attempt previous years questions : Link: https://bit.ly/wbcs-pyq-wbcsmadeeasy
✅ Take subject wise Chapterwise mock test : https://bit.ly/wbcs-prelims-all-subjects-chapter-wise-test
✅ Bio – https://bit.ly/m/wbcs-made-easy
✅ App download – Android: https://play.google.com/store/apps/details?id=co.iron.rrnvu&pcampaignid=web_share (iOS available too)
WBCS MADE EASY www.wbcsmadeeasy.in
8274048710/8585843673
Jawahar IAS www.jawaharias.in
7439954855