CIVIL SERVICE INFO

TAX HEAVEN COUNTRIES AND INDIA About 60% of India's outward FDI in 2024-25 went to low-tax jurisdictions, commonly called "tax havens," such as Singapore, Mauritius, UAE, Netherlands, UK, and Switzerland. Key Insights - Nearly 56% of India's foreign direct investments in 2024-25 were routed through these tax havens, with the rest going to standard destinations or "other low-tax countries" as per RBI data[1]. - Indian companies use these jurisdictions strategically—not just for tax savings but to improve global presence, ease of operations, and investment structure flexibility. - accounted for the bulk of tax haven FDI destinations. - Investment through tax havens allows easier cross-border movement of funds and greater protection from regulatory risks and tariff wars. Expert Views and Rationale - Experts say outward FDI to tax havens is often a strategic choice, not just for evading taxes but for better efficiency, ease in fund movement, and lega...

GEN Z AND NEPAL Gen Z protests in Nepal forced democratic changes in September 2025, leading to the resignation of Prime Minister K.P. Sharma Oli, the dissolving of Parliament, and the appointment of an interim government tasked with organizing new elections by March 2026.    Why Did Gen Z Protest? - Many young Nepalis were frustrated by poor job opportunities, widespread corruption, and government inaction.  - The government’s ban on 26 social media platforms triggered sharp opposition, as youth relied on these for communication and activism.  - Unlike past protests, Gen Z’s movement was decentralized, mobilized via platforms like Instagram and Discord rather than established political parties.  How Were These Protests Different? - Gen Z activists rejected traditional party affiliations and focused on clear, short-term goals—such as removing the aging political leadership and demanding a technocratic interim government.  - The protests evolved ...