• Fri, January 31, 2025

by: fintechmagazine

This Week's Top 5 Stories in the Fintech Industry

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by: NDTV

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by: Oneindia

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by: Techopedia

Perplexity's Sonar: New API for AI Search Explained

Learn more about the new Perplexity Sonar API to build your own generative search tools powered by real-time, web-wide research and not limited by training data.

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The Outlook for Home and Auto Insurance in 2025

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by: Investopedia

Moving Abroad for the Next 4 Years? Here's What It'll Really Cost You

Considering moving out of the United States? While moving abroad might seem daunting, it's easier than you think. Here are some of the best countries for Americans to move to, tips for finding a new home,

by: RepublicWorld

Union Budget 2025: Live Streaming - When And Where To Watch

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by: AOL

How healthy are your finances, really? 4 money questions to ask yourself today

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by: cnbctv18

Budget Economic Survey 2025 Highlights: Self-employed workforce rising in India; reflects shift towards entrepreneurship

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by: Indiatimes

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by: cfodive

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by: MSN

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by: Fortune

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by: MoneySense

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by: CNBC

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by: wjla

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by: Mint

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by: Reuters

Warner Bros hit with Superman copyright lawsuit ahead of new movie

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by: Bustle

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by: Forbes

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by: Reuters

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by: MSN

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by: Indiatimes

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by: cnbctv18

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by: AOL

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by: Kiplinger

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by: Forbes

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by: Indiatimes

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by: Forbes

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by: MSN

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by: Reuters

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by: Reuters

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by: MSN

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by: Reuters

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by: MSN

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by: MSN

Budget 2025: WATCH LIVE Streaming, FM Speech, presentation | Date, Time | When, where | Direct LINKS for non-stop and full coverage | FY 2026

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by: Reuters

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by: Reuters

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by: MSN

Tax tip: Don't file until you get all necessary documents

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by: Reuters

Colombia's Grupo Argos more than triples profit in 2024

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by: Reuters

UK regulator seeks to simplify bond rules to boost UK investment

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by: Reuters

US economy resilient despite moderation in growth in fourth quarter

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  • Sat, February 1, 2025

by: Oneindia

Budget 2025 Time: When And Where To Watch The Live Budget Speech Today

PM Modi expressed hopes for the budget, highlighting India's 2047 vision. FM Nirmala Sitharaman will present the budget today, February 1, at 11 AM. Key focus areas include infrastructure and tax relief.

by: RepublicWorld

Income Tax Slabs 2025-26 Budget 2025 Live Updates: Will Sitharaman Announce Relief For Middle Class?

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by: Reuters

India's benchmarks hold gains as finance minister starts budget speech

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by: MSN

Budget 2025: FM Nirmala Sitharaman educational qualification - Impressive journey from academics to politics

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by: Reuters

French PM Bayrou's budget bill moves ahead as lawmakers strike deal on text

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by: MSN

Budget a pivotal opportunity to strengthen India's business and enterprise, say experts

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Budget 2025: What Is Standard Deduction And How It Benefits Taxpayers

With the Union Budget 2025 set to be presented on February 1, Finance Minister Nirmala Sitharaman faces mounting expectations for tax relief as inflation rises and disposable income shrinks.
The article from NDTV discusses the concept of standard deduction in the context of the Indian Union Budget 2025. Standard deduction is a fixed amount that salaried individuals can claim as a deduction from their taxable income, simplifying the tax filing process by eliminating the need for detailed expense documentation. Currently set at Rs 50,000, this deduction helps reduce the taxable income of employees, thereby lowering their tax liability. The article explains how this deduction benefits taxpayers by providing a straightforward tax relief mechanism, especially beneficial for those with lower incomes or those who do not have significant expenses to claim. It also touches upon the potential adjustments to this amount in the upcoming budget, considering inflation and changes in economic conditions, which could further influence taxpayers' financial planning.

Read the Full NDTV Article at:
https://www.ndtv.com/business-news/budget-2025-what-is-standard-deduction-and-how-it-benefits-taxpayers-7595408

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