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As the new financial year commences on April 1, 2025, several significant income tax changes have officially come into effect, directly impacting salaried individuals, senior citizens, investors, and taxpayers across the country. Announced during Budget 2025, these updates aim to simplify compliance, improve transparency, and provide substantial relief to the middle class. From revised tax slabs to increased deduction limits and changes in TDS thresholds, here’s a complete breakdown of
As the new financial year commences on April 1, 2025, several significant income tax changes have officially come into effect, directly impacting salaried individuals, senior citizens, investors, and taxpayers across the country. Announced during Budget 2025, these updates aim to simplify compliance, improve transparency, and provide substantial relief to the middle class. From revised tax slabs to increased deduction limits and changes in TDS thresholds, here’s a complete breakdown of
Choosing the right tax regime is an important decision for taxpayers in India. The old and new tax regimes offer different benefits, and individuals must carefully analyze their financial situation before selecting the most suitable option. While salaried employees have the flexibility to switch every year, business professionals have a more restricted choice.The decision between the two regimes depends on factors such as tax-saving investments, exemptions, and deductions. Understanding these
Choosing the right tax regime is an important decision for taxpayers in India. The old and new tax regimes offer different benefits, and individuals must carefully analyze their financial situation before selecting the most suitable option. While salaried employees have the flexibility to switch every year, business professionals have a more restricted choice.The decision between the two regimes depends on factors such as tax-saving investments, exemptions, and deductions. Understanding these
The Union Budget 2025 has brought a major tax relief for the middle class, with Finance Minister Nirmala Sitharaman announcing that individuals earning up to ₹12 lakh annually will have zero tax liability under the new tax regime. Additionally, salaried individuals can claim a standard deduction of ₹75,000, effectively making income up to ₹12.75 lakh tax-free. This move is aimed at simplifying tax compliance and increasing disposable income for millions of taxpayers.
The Union Budget 2025 has brought a major tax relief for the middle class, with Finance Minister Nirmala Sitharaman announcing that individuals earning up to ₹12 lakh annually will have zero tax liability under the new tax regime. Additionally, salaried individuals can claim a standard deduction of ₹75,000, effectively making income up to ₹12.75 lakh tax-free. This move is aimed at simplifying tax compliance and increasing disposable income for millions of taxpayers.
The Union Budget 2025 has introduced significant changes to the income tax regime, offering relief to middle-class taxpayers. Finance Minister Nirmala Sitharaman proposed raising the basic exemption limit to Rs 4 lakh and increased the income threshold for the rebate under Section 87A to Rs 12 lakh. This means individuals earning up to Rs 12 lakh, with a standard deduction of Rs 75,000, can avoid paying taxes altogether. But for those earning more than Rs 12.75 lakh, choosing between the old
The Union Budget 2025 has introduced significant changes to the income tax regime, offering relief to middle-class taxpayers. Finance Minister Nirmala Sitharaman proposed raising the basic exemption limit to Rs 4 lakh and increased the income threshold for the rebate under Section 87A to Rs 12 lakh. This means individuals earning up to Rs 12 lakh, with a standard deduction of Rs 75,000, can avoid paying taxes altogether. But for those earning more than Rs 12.75 lakh, choosing between the old
A shocking revelation from the Financial Times has disclosed that ousted Syrian President Bashar al-Assad's regime airlifted around $250 million to Moscow between 2018 and 2019. The cash, including nearly two tonnes of $100 bills and €500 notes, was flown to Moscow’s Vnukovo airport and deposited in Russian banks under sanctions. This move was part of Assad's efforts to bypass Western sanctions that isolated Syria from the global financial system. During this time,
A shocking revelation from the Financial Times has disclosed that ousted Syrian President Bashar al-Assad's regime airlifted around $250 million to Moscow between 2018 and 2019. The cash, including nearly two tonnes of $100 bills and €500 notes, was flown to Moscow’s Vnukovo airport and deposited in Russian banks under sanctions. This move was part of Assad's efforts to bypass Western sanctions that isolated Syria from the global financial system. During this time,
The fall of Bashar al-Assad’s 50-year regime has ushered in a new chapter for Syria, marked by jubilation and uncertainty. In Damascus, crowds celebrated the regime's collapse, while other groups, including rebel factions, engaged in efforts to stabilize the country and fill the power vacuum left behind. Syrian journalist Abdo Fayyad attributes this shift to the 2016 opposition victories in Idlib, which laid the groundwork for today’s rebel advances.
While the future
The fall of Bashar al-Assad’s 50-year regime has ushered in a new chapter for Syria, marked by jubilation and uncertainty. In Damascus, crowds celebrated the regime's collapse, while other groups, including rebel factions, engaged in efforts to stabilize the country and fill the power vacuum left behind. Syrian journalist Abdo Fayyad attributes this shift to the 2016 opposition victories in Idlib, which laid the groundwork for today’s rebel advances.
While the future
The potential fall of Syria’s Assad regime poses a serious challenge for Russia’s foreign policy and military strategy. One of Moscow's most prized assets from its involvement in Syria has been its naval base at Tartus, located on the Mediterranean coast. However, recent developments, including the departure of Russian warships from Tartus, signal that Moscow's long-term access to this crucial facility is at risk. This would be a major blow to Russia, which has historicall
The potential fall of Syria’s Assad regime poses a serious challenge for Russia’s foreign policy and military strategy. One of Moscow's most prized assets from its involvement in Syria has been its naval base at Tartus, located on the Mediterranean coast. However, recent developments, including the departure of Russian warships from Tartus, signal that Moscow's long-term access to this crucial facility is at risk. This would be a major blow to Russia, which has historicall
In a significant development, at least 75 Indian nationals have been evacuated from war-torn Syria, where rebel forces have overthrown President Bashar al-Assad’s government. The evacuees, including 44 pilgrims from Jammu and Kashmir stranded at Saida Zainab, have safely crossed into Lebanon and will return to India by commercial flights, according to the Ministry of External Affairs.
The evacuation follows multiple requests from Indian nationals and an assessment of the evolv
In a significant development, at least 75 Indian nationals have been evacuated from war-torn Syria, where rebel forces have overthrown President Bashar al-Assad’s government. The evacuees, including 44 pilgrims from Jammu and Kashmir stranded at Saida Zainab, have safely crossed into Lebanon and will return to India by commercial flights, according to the Ministry of External Affairs.
The evacuation follows multiple requests from Indian nationals and an assessment of the evolv
Rebel forces led by Hayat Tahrir al-Sham (HTS) have launched a major offensive against the Syrian government, pushing closer to Homs after capturing Aleppo and Hama in a swift military campaign. The rebels, aiming to overthrow President Bashar al-Assad’s regime, are now just five kilometers from Homs, Syria’s third-largest city, which would sever the crucial connection between the capital, Damascus, and the Assad regime’s stronghold on the Mediterranean coast. This would rep
Rebel forces led by Hayat Tahrir al-Sham (HTS) have launched a major offensive against the Syrian government, pushing closer to Homs after capturing Aleppo and Hama in a swift military campaign. The rebels, aiming to overthrow President Bashar al-Assad’s regime, are now just five kilometers from Homs, Syria’s third-largest city, which would sever the crucial connection between the capital, Damascus, and the Assad regime’s stronghold on the Mediterranean coast. This would rep
