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BUDGET 2024 2025
Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...- Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...
- Critical minerals, strategic stakes: Inside India's bid to break China's supply chain strangleholdIndia and the US have inked a pact to secure critical mineral supplies, bolstering a broader Quad initiative aiming to invest $20 billion i...
- ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
- Ayush Secretary Vaidya Rajesh Kotecha's tenure gets fifth extension till June 28 next yearAyush Secretary Vaidya Rajesh Kotecha's tenure has been extended for another year, until June 28, 2027. This marks his fifth extension in t...
- Brexit at 10: How Britain's financial sector recovered and evolvedPost-Brexit, London's financial landscape has witnessed a decline in its global market influence and workforce numbers. While some position...
- Yen teeters on cusp of 40-year low as BOJ hike fails to stem routThe dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S...
- Parliamentary panel moots higher education spending, says NEP's 6% GDP target unmetA parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning ...
- Live sports score big, keep fans glued across big & small screensIndia's sports viewership is rapidly shifting to multiple platforms. Major events like the FIFA World Cup and IPL are drawing huge crowds o...
- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
- ‘Rs 70,000 Salary, Rs 15.5 lakh debt, no savings, no property and a dependent mother’: Woman’s viral post on loan burden sparks financial adviceA 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,0...
- Nilesh Shah bats for minimum qualifying criteria for F&O trading after Maharashtra man kills family, self over Rs 1.8 cr lossFollowing a tragic incident in Maharashtra linked to stock market losses, Kotak AMC's Nilesh Shah called for mandatory qualification criter...
- Pakistan's poor population swells by 27 mn in six years, poverty surges 7%Pakistan's poverty rate has risen from 21.9% in 2018-19 to 28.9% in 2024-25, pushing around 27 million more people below the poverty line a...
- US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
- Paris accord threshold could be breached in 4 years as warming accelerates: AnalysisEarth's climate is warming rapidly due to human actions. Global temperatures reached 1.37 degrees Celsius last year. Scientists warn the 1....
- Air India's long history as it continues to face fallout from deadly crashInvestigators will delay the final report on the deadly Air India Boeing 787 crash. The analysis of the plane's engines requires more time....
- Agriculture Ministry's FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 levelThe Modi government has five-folded the agriculture ministry budget to Rs 1.4 lakh crore for 2026-27. Over 3,000 climate-resistant crop var...
- Fertiliser Ministry seeks to double subsidy from Rs 1.71 lakh crore budgeted for FY27 as Iran war hits costsWith rising prices of imported soil nutrients stemming from ongoing conflicts in West Asia, the fertiliser ministry is pushing for a substa...
- War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
- Assam Assembly sittings decline: PRS Research reveals Bill passing speed and Budget discussion trendsA research on the Assam Legislative Assembly from 2021-2026 revealed a decrease in annual sitting days to 20. The assembly passed a signifi...
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