Budget 2025 income tax expectations: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. Personal tax experts are of the view that since no major exemptions and deductions are available under the new income tax regime, there is a strong case to hike the standard deduction.
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The Supreme Court declined to entertain writ petitions seeking criminal charges against Tamil Nadu Deputy CM Udhayanidhi Stalin for his remarks about 'Sanatana Dharma.' The petitioners agreed to withdraw their petitions and explore other legal remedies. Udhayanidhi's contentious speech equated 'Sanatana Dharma' with diseases and called for its eradication.
The Immigration and Foreigners Bill, 2025, which will consolidate four existing Acts, proposes up to five years in jail and fines up to Rs 5 lakh for foreigners entering India without a valid passport or visa. It also mandates educational and medical institutions to share information on foreigners and holds carriers accountable for transporting individuals with invalid travel documents.
US President Donald Trump has hinted at serving a third term, despite the 22nd Amendment prohibiting it. Legal scholars and democracy advocates are concerned, as this echoes tactics used by authoritarian leaders. Trump's fascination with strongmen and frequent provocations suggest a serious intent, challenging democratic norms and drawing significant attention.
Aakash Chopra questions the exclusion of Yuzvendra Chahal from India's ODI squad despite his impressive performance. Chahal, who last played in January 2023, has 121 wickets in 72 ODIs. Chopra finds it puzzling that Chahal's name is not considered, especially when other spinners have been included for the Champions Trophy 2025.
Asian stocks surged, mirroring Wall Street's rally, fueled by Alphabet's strong earnings and renewed trade optimism under President Trump. Despite Nissan's profit warning, its shares rose on turnaround hopes. Positive sentiment was bolstered by potential US-South Korea trade understanding and anticipation of earlier Federal Reserve interest rate cuts, even amidst US-China trade talk uncertainties.
Bronny James scored 17 points while playing for the Lakers against the Bucks, with mixed reactions from fans. Some praised his talent, while others attributed his performance to his father LeBron James' legacy. Bronny has also been active in the G League, scoring over 20 points per game in nine appearances.
Following a crushing nine-wicket defeat to Mumbai Indians, a visibly upset MS Dhoni engaged in a heated discussion with the umpires. Dhoni admitted CSK's performance was subpar, citing a failure to capitalize on the middle overs and dropped catches.
On Wednesday, students at the South Asian University were violently attacked by members of ABVP for serving non-veg food in the mess during Maha Shivratri, which the ABVP had opposed. The SFI condemned the attack and demanded strict action from the university administration.
South Korea's worst aviation disaster has claimed 179 lives after a Jeju Air Boeing 737-800 crashed during landing at Muan airport. Investigators are focusing on potential causes, including a damaged navigation system and landing gear failure. The black box is being sent to the US for analysis.
Rahul Gandhi criticizes BJP for the death of a Dalit youth in police custody in Madhya Pradesh and the abuse of tribal women in Odisha, attributing such acts to BJP's 'Manuvadi thinking'. Both incidents have sparked protests and condemnations, highlighting ongoing caste-based atrocities.