Union Minister Nirmala Sitharaman presented the Union Budget 2024-25 in the Lok Sabha on Tuesday, with significant highlights and proposals aimed at reshaping the economic landscape. The most noteworthy announcement was the introduction of a new tax regime that exempts individuals earning up to ₹3 lakh per year from paying income tax. Watch what has become costlier and cheaper?
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On July 23, Finance Minister Nirmala Sitharaman announced significant revisions to personal income tax rates under the new tax regime during the presentation of the Annual Budget 2024 in Lok Sabha. The new tax slabs are designed to provide relief to taxpayers and simplify the tax structure: no tax will be levied on annual incomes up to ₹3 lakh; a 5% tax will apply to incomes between ₹3 lakh and ₹7 lakh; a 10% tax for incomes between ₹7 lakh and ₹10 lakh; and a 15% tax for incomes between ₹10 lakh and ₹12 lakh. These changes aim to benefit a broad section of taxpayers and enhance the overall ease of compliance.
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Notably, after the Lok Sabha polls in which the BJP fell short of a majority, becoming heavily dependent on allies, the JD (U) held a national executive meeting.. DNA
The leader of the opposition in the Lok Sabha, Rahul Gandhi on Tuesday criticised the Union Budget 2024-25, accusing the Finance Minister of making hollow.. DNA
In a heated debate in the Lok Sabha, Rahul Gandhi has strongly criticized Dharmendra Pradhan, accusing the government of failing to address serious problems in the examination system, particularly with NEET. Gandhi argues that the issues extend beyond NEET and affect all major examinations. Pradhan had previously claimed that there is no evidence of paper leaks in the last seven years under the National Testing Agency (NTA). The controversy surrounding NEET-UG 2024 has sparked a major row. Watch to find out more about this explosive exchange and the implications for India's examination system.
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In another blow for the Congress party, its candidate from the Indore constituency, Akshay Kanti Bam, withdrew his nomination for the seven-phased Lok Sabha elections 2024, announced District Election..
On April 28, the Election Commission of India (ECI) directed the Aam Aadmi Party (AAP) to revise the content of its Lok Sabha campaign song to adhere to the Advertising Codes outlined in the Cable..
Mathura's electoral battle takes center stage, fueled by youth angst over unemployment woes. Though the BJP swept Mathura in 2019 with Hema Malini's victory, new alliances have injected uncertainty..