Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating tax for incomes up to Rs 12.75 lakh. Taxpayers must compare deductions under the old regime versus the new lower rates to determine the most beneficial option.
Related news
Breast cancer cases in India are expected to rise by 50,000 per year this decade, with the economic burden averaging $19.55 billion annually. A new study highlights the heavy financial toll on rural and poor households and urges policymakers to invest in health infrastructure and supportive workplace policies for women, a crucial part of the workforce.
PM Modi's Saudi Arabia visit prioritizes energy, trade, investment, and defense, alongside addressing global issues like the West Asia conflict and the Russia-Ukraine war. Discussions will include the India-Middle East-Europe Economic Corridor (IMEEC) and Saudi Arabia's proposed $100 billion investment in India. Both nations aim to strengthen defense ties and explore increased military exercises, fostering a deeper strategic partnership.
Delhi clinched a seven-point victory over Railways in the Ranji Trophy with standout performances from off-spinner Shivam Sharma, who took five wickets, and Himanshu Sangwan, who claimed four wickets. This win marked Delhi's second victory of the season, though it denied fans a second innings appearance by Virat Kohli.
Mitchell Starc has withdrawn from the ICC Champions Trophy for personal reasons, leaving Australia without their top fast bowlers. Steve Smith will captain the team, which includes next-generation quicks like Spencer Johnson and Nathan Ellis. Starc's departure is supported by Cricket Australia, though the exact reasons remain undisclosed.
India face a daunting task on Day 4 of the Gabba Test, trailing Australia by 394 runs with six wickets remaining. Dominant Australian performance, featuring centuries from Travis Head and Steve Smith, have put India on the back foot. Bumrah's six-wicket haul offered a glimmer of hope, but the Indian batting faltered once again.
US President Trump proposed to reduce tariffs on China in exchange for Beijing's support in selling TikTok's US operations to an American company. The Chinese Foreign Ministry emphasized TikTok's compliance with US regulations and advocated for a fair business environment for global firms.
The Delhi High Court refuses to direct the Delhi legislative assembly to hold a special session for tabling CAG reports. Despite recognizing delays by the government, the court refrains from judicial intervention, emphasizing assembly's internal functions. The decision impacts proceedings before upcoming Assembly elections.
Post-pandemic, theatres have struggled with footfalls and only big-budget films have seen success, with many opting to wait for OTT releases due to high ticket prices. Experts suggest reducing ticket prices and exploring differential pricing based on the film's cast to attract more audiences.
Michael Vaughan addressed Australian media's uproar over Ravindra Jadeja's Hindi responses at an interview, suggesting the use of AI tools for translation. The controversy arose when unaccredited Australian journalists showed up at Jadeja's interaction arranged by BCCI, causing friction since he only answered questions in Hindi.
Fear spread at Sant Gadge Baba Amravati University after security guards saw a full-grown tiger near the English department building. The university turned back morning walkers and local residents were alerted. The forest department was informed, and stranded students were safely evacuated.