Times of India

Finance minister Nirmala Sitharaman has announced income tax exemption for individuals earning up to Rs 12 lakh annually under the new regime, providing a significant tax relief for the middle class. This reform is expected to boost household consumption and savings, though projected to reduce direct tax revenue by Rs 1 lakh crore.

Due to his immense popularity, Virat Kohli faced multiple security breaches during a Ranji Trophy match as fans ran onto the field to touch his feet. Despite Kohli’s short stay at the crease, his presence drew huge crowds, highlighting his enduring appeal. Kohli's return to domestic cricket followed the BCCI’s directive for international stars to play in domestic tournaments.

Union finance minister Nirmala Sitharaman presented her eighth consecutive budget, highlighting key initiatives for education, healthcare, and national growth. The budget includes the establishment of Atal Tinkering Labs, broadband connectivity in government schools, multilingual education schemes, and Centres of Excellence in AI and skilling.

England captain Jos Buttler was angered by the selection of Harshit Rana as a concussion substitute for Shivam Dube, but India's bowling coach Morne Morkel defended the decision. Match referee Javagal Srinath approved the substitution, and Rana successfully helped India to a 15-run victory in the T20I series.

Budget 2025 saw major income tax changes with FM Nirmala Sitharaman announcing new income tax slabs and income tax rates for FY 2025-26. Middle class salaried taxpayers will find big reason to cheer from the Budget speech. Check the latest income tax slabs and rates for FY 2025-26 post Union Budget 2025:

Finance minister Nirmala Sitharaman announced a new tax regime and significant reforms to ease compliance for the middle class and senior citizens. Key highlights include a nil tax slab up to Rs 12 lakh, rationalisation of TDS and TCS limits, and extended compliance periods for charitable trusts.

Hardik Pandya appreciates his batting achievements as they bring him immense joy, especially when leading India to victories. After his impressive performance against England, Pandya emphasized his devotion to cricket and the motivation he draws from fans. His dedication was evident in India's T20 World Cup triumph last year.

In the Union Budget, finance minister Nirmala Sitharaman announced several initiatives for Bihar, including the establishment of a Makhana Board, four greenfield airports, and a National Institute Food Technology Entrepreneurship and Management. Additionally, support for the Western Kosi Canal project and expanded facilities at IIT Patna were also announced.

Finance minister Nirmala Sitharaman announced the establishment of 50,000 Atal Tinkering Labs over the next five years to foster scientific thinking among students. In addition, five national centers for skilling will be set up with global expertise, and the Bharatiya Bhasha Pushtak scheme will provide digital Indian language books for schools and higher education.

Finance Minister Nirmala Sitharaman has announced a scheme to boost the footwear and leather sectors and establish India as a global toy manufacturing hub. She also outlined plans for a clean technology manufacturing mission and expanding broadband connectivity to all government secondary schools and primary healthcare centers.

Union finance minister Nirmala Sitharaman announced the launch of the Prime Minister Krishi Yojana, targeting 1.75 crore farmers and enhancing agricultural development in 100 low-output districts. The program aims to boost productivity through crop diversification and increased post-harvest storage facilities, along with addressing credit parameters collaboratively with states.

Union finance minister Nirmala Sitharaman presented the Budget 2025 in Lok Sabha, focusing on relief for middle-class taxpayers, farmers, and women entrepreneurs. Key initiatives include no tax for income up to Rs 12 lakh, PM Dhan Dhyan Krishi Yojana, a rural prosperity program, and Makhana Board for Bihar.