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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Uttar Pradesh: Samajwadi Party (SP) workers distribute sweets and celebrate at the party office in Lucknow. As per the official ECI trends, the party is leading on 36 seats. Watch here.
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Congress leader Kapil Sibal raised concerns about EVM tampering ahead of the June 4 results. He introduced a mechanism to detect tampering and emphasized the need for transparency in the voting..
Phase 6 of the Lok Sabha Elections is in progress, involving 58 constituencies across eight states and union territories. Voting will take place from 7 a.m. to 6 p.m., with results announced on June..
Phase 6 of the Lok Sabha Elections is in progress, involving 58 constituencies across eight states and union territories. Voting will take place from 7 a.m. to 6 p.m., with results announced on June..
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