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Published on Jan 1, 2026

Current Affairs

EduTips Daily CA Bullet Points (1 January 2026)

EduTips Daily CA Bullet Points (1 January 2026)

8th Pay Commission: The term of the 8th Pay Commission is expected to officially commence today, following the conclusion of the 7th Pay Commission on 31 December 2025. This move is anticipated to benefit over 1 crore central government employees and pensioners.
PAN-Aadhaar Mandatory: Starting today, linking PAN with Aadhaar has become mandatory for accessing major banking and government services. Unlinked PAN cards may be rendered inoperative, affecting tax filings and refunds.
Farmer ID Requirement: States like Uttar Pradesh have made a unique Farmer ID mandatory from today to receive benefits under the PM-Kisan scheme.
New IRCTC Rules: Indian Railways has introduced a phased Aadhaar-authenticated booking window for general reserved tickets to curb touting.

EU Carbon Tax (CBAM): The European Union’s Carbon Border Adjustment Mechanism (CBAM) enters a critical new phase today. Indian exporters of steel and aluminium will now face carbon-linked costs and stricter emission reporting for goods entering the EU.
Haiti & Sudan Independence: Today marks the Independence Day of Haiti (from France, 1804) and Sudan (from British-Egyptian rule, 1956).
Global New Year Celebrations: The world welcomed 2026 with major events, though some regions like Hong Kong cancelled fireworks in homage to recent fire victims.

Credit Score Updates: In a major relief for borrowers, credit bureaus will now update customer data every week instead of every 15 days, allowing for faster reflection of repayments and improved credit health.
UPI & Digital Security: Banks and messaging platforms (WhatsApp, Telegram) have implemented tightened SIM verification and monitoring rules from today to curb digital payment frauds.
Market Status: Unlike many global markets that are closed for the New Year, the Indian stock exchanges (BSE and NSE) remain open for regular trading today.

Global Family Day: Observed annually on 1 January to promote the idea of the world as one family and encourage peace and unity.
Army Medical Corps (AMC) Establishment Day: The Indian Army’s Medical Corps celebrates its 262nd Raising Day today, honouring its service since 1764.
World Peace Day: Also known as the Solemnity of Mary (Catholic tradition) and widely observed as a day dedicated to universal harmony.

Satyendra Nath Bose: Remembering the legendary Indian physicist born on 1 January 1894. He is best known for his collaboration with Albert Einstein in developing the Bose-Einstein statistics and the theory of the Bose-Einstein condensate. The class of particles 'Bosons' is named in his honour.

Virat Kohli’s Milestone: Indian cricketing legend Virat Kohli has become the fastest player to reach 16,000 runs in List A cricket, surpassing Sachin Tendulkar’s long-standing record.
ISL Participation: Today is the deadline for Indian Super League (ISL) clubs to confirm their participation and format to the AIFF for the upcoming season, amidst discussions on a centralised single-leg format.

Les Cas d’Or Awards: Digital marketing platform MediaGo and hipto won Gold at the prestigious French digital awards for deep-learning-driven lead generation.
ACJS Academy Awards: The Academy of Criminal Justice Sciences (ACJS) opened submissions today for its 2026 student research and scholarly project awards.

DRDO Foundation Day: The Defence Research and Development Organisation (DRDO) celebrates its foundation day today, marking its journey in strengthening India’s defence technology since 1958.

📚Word of the day

Vitiated (Adjective)
Meaning: Spoiled, weakened, or made less effective; impaired by a fault or corruption.
Usage: "The validity of the contract was vitiated by the discovery of fraudulent documents."
Synonyms: Impaired, tainted, corrupted.
Antonyms: Validated, enhanced, purified.

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