Budget 2025 income tax expectations: As Budget 2025 approaches, taxpayers are keen on potential changes such as a higher basic exemption limit, clarity on EV perquisite valuation, and taxation of Virtual Digital Assets. Additional expectations include increasing the house property loss set-off limit, expanding HRA exemption cities, and tax deferral on ESOPs for all employees.
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Dwyane Wade believes Jimmy Butler is a perfect fit for the Golden State Warriors and will unlock his full potential. Butler, after transferring from the Miami Heat, is ready to make a significant impact despite working on regaining his optimum physical shape.
A violent protest against the Waqf (Amendment) Act in Tripura's Unakoti district led to clashes between demonstrators and police, resulting in injuries to at least 18 officers, including a Sub-divisional Police Officer. The rally, organized by the 'Joint Movement Committee' and led by a Congress leader, escalated when protesters allegedly pelted police with stones and bottles.
In a setback to Century Textiles, the Supreme Court overturned a Bombay HC order to transfer a plot in Worli to the company. The plot, leased in 1927 for housing the poor, remained with the company for over 70 years, prompting SC to highlight the misuse of the land for commercial purposes.
Rastriya Prajatantra Party leaders Rabindra Mishra and Dhawal Shumsher Rana were remanded into custody for five days to face charges related to crimes against the state following a violent pro-monarchy protest. The incident led to widespread damage in Kathmandu, and authorities are considering similar charges against former king Gyanendra Shah.
Meta has decided to pay $25 million to resolve a lawsuit from former President Donald Trump over his account suspensions after the Capitol attack in January 2021. This settlement includes funding for Trump's future presidential library and covers legal expenses.
Vasant Panchami, marking the onset of spring and honoring Goddess Saraswati, will be celebrated on February 2, 2025. People wear yellow clothes, prepare sweets, and engage in cultural activities. The shubh muhurat for rituals is from 07:09 am to 12:35 pm. This day signifies new beginnings in education and the arts, celebrating wisdom and creativity.
Infosys has terminated 240 more entry-level employees. These employees did not pass internal assessment tests. This follows similar layoffs in February. The company offers upskilling programs and outplacement services. Affected trainees will receive severance benefits. Many trainees waited over two years to be onboarded. The macroeconomic slowdown caused project spending reduction. Results for the next batch are expected next week.
Foreign affairs adviser Md Touhid Hossain responded to Indian Foreign Minister S Jaishankar's concerns about attacks on minorities in Bangladesh, stating that such issues should not concern India and emphasized mutual respect. He stressed that how India treats its minorities is New Delhi's internal matter and expressed a desire for a relationship with India built on mutual understanding and respect.
Senator John Fetterman made a notable appearance at President-elect Donald Trump's inauguration by wearing a black hoodie, gray gym shorts, and sneakers despite the freezing temperatures and traditional dress codes. His casual attire, seen as a symbol of relatability, sparked mixed reactions online, with some praising his approachability while others criticized it as disrespectful for the formal occasion.
A 25-year-old man from Agra has been arrested for defrauding a Nainital professor of Rs 47 lakh using a digital house arrest scam. The longest known digital arrest in Uttarakhand, the victim was manipulated over 18 days, transferring funds under the scammer's threats.