Mon, February 3, 2025

[ Mon, Feb 03rd 2025 ]: MSN

'AI is the new global arms race': Boyd Company expert says Abilene is a key player in worldwide AI growth

John Boyd, Corporate Location Consultant, and Site Selection Expert at the Boyd Company, recently weighed in on Abilene as it steps into the spotlight with the announcement of the largest artificial intelligence infrastructure project in history.

[ Mon, Feb 03rd 2025 ]: MSN

To help pay for Trump tax cuts, new taxes on worker benefits become GOP target

The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income as a way to pay for tax cuts.
Sun, February 2, 2025

[ Sun, Feb 02nd 2025 ]: NDTV

Budget Focus On Bihar, Delhi Polls? N Sitharaman Cites Abraham Lincoln

Finance Minister Nirmala Sitharaman countered the Opposition's charge that the Centre has extended big Budget gifts to Bihar with an eye on the upcoming polls,

[ Sun, Feb 02nd 2025 ]: Couriermail

Former Labor premier Anna Bligh to retire as CEO of Australian Banking Association

Anna Bligh has announced she is standing down as the chief executive of the Australian Banking Association (ABA) after more than eight years in the role.

[ Sun, Feb 02nd 2025 ]: Reuters

Reactions to Trump's tariffs on goods from Mexico, Canada, China

U.S. President Donald Trump on Saturday ordered tariffs of 25% on Canadian and Mexican imports and 10% on goods from China starting on Tuesday to address what he calls a national emergency of fentanyl and illegal immigration pouring into the U.

[ Sun, Feb 02nd 2025 ]: CNN

These Americans don't think the economy is getting any better. Welcome to 'No Buy 2025'

Many Americans, especially female content creators, are pushing back against overconsumption and pledging to buy less — or even nothing beyond essentials — as well as not repurchasing a product they own until it has expired or no longer has use.

[ Sun, Feb 02nd 2025 ]: Reuters

US Senate panel to vote on RFK Jr.'s health secretary nomination

A U.S. Senate committee will vote Tuesday on whether to advance President Donald Trump's nomination of Robert F. Kennedy Jr. to lead the Department of Health and Human Services, the committee announced Sunday.

[ Sun, Feb 02nd 2025 ]: stockhead

The NT wants to rebuild its economy and lure investment from miners and explorers

The new NT Government has put addressing crime and rebuilding its economy at the top of its priority list, and that's good for miners.

[ Sun, Feb 02nd 2025 ]: Mint

Income Tax Budget 2025 LIVE: How to save up to ?2.6 lakh under new tax rates?

Finance Minister Nirmala Sitharaman in Budget announced new tax slabs in the new tax regime 2025, making it so that there is no income tax for those drawing ₹12 lakh and less. We take a look at who is most likely to benefit from the changed income tax slab.

[ Sun, Feb 02nd 2025 ]: BBC

Booze, oil and orange juice: How Canada could fight Trump tariffs

As Justin Trudeau warns Canadians they could face "difficult days" ahead, here are four options for retaliation.

[ Sun, Feb 02nd 2025 ]: MSN

Canada, Mexico Hit Back at Trump Tariffs, China Vows Action

Canada and Mexico vowed to hit back at US tariffs with tit-for-tat measures after President Donald Trump followed through on his threats of general levies of 25%, beginning a trade war that's set to reshape global supply chains.

[ Sun, Feb 02nd 2025 ]: Mint

Union Budget 2025 Highlights: Nirmala Sitharaman will introduce IT bill next week, PM Modi congratulates FM

Budget 2025 LIVE updates: Abhishek Jain, Indirect Tax Head & Partner of KPMG, highlighted that the adjustments announced to customs duties in India are set to foster expansion and development in the nation.

[ Sun, Feb 02nd 2025 ]: MSN

Textiles to toys: MSMEs get a Rs 2,250 crore booster shot with mission exports

Commerce, MSME and finance ministries in India will collaborate to identify key sectors needing significant capital for technology upgrades, marketing, and accessing new markets to boost exports. An Export Promotion Mission with a budget of Rs 2,

[ Sun, Feb 02nd 2025 ]: NDTV

Can You Still Opt For Old Tax Regime? And Will You Gain Or Lose Out

With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax regime, many are left wondering if the government plans to scrap the old tax
Sat, February 1, 2025

[ Sat, Feb 01st 2025 ]: Mint

Budget 2025 | Tax clarity for AIFs as income will now be treated as capital gains

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

[ Sat, Feb 01st 2025 ]: cnbctv18

Budget 2025: High-level panel to review non-financial sector regulations, Says FM

Sitharaman also urged state governments to participate in this effort to create a more business-friendly environment.

[ Sat, Feb 01st 2025 ]: AOL

Ford CEO Jim Farley on the 'huge business' of Mustang, Bronco, and Raptor performance vehicles

While performance cars and racing get the Ford faithful excited, it's been a growing business for Ford too. We spoke to Ford CEO Jim Farley from Charlotte Motor Speedway, where the Ford Performance team and Farley himself were showing off its enthusiast offerings.

[ Sat, Feb 01st 2025 ]: cnbctv18

Income Tax Slabs 2025 LIVE Updates: India Inc welcomes the new income tax bill, relaxation in TCS, TDS regulations

Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025 today. Experts expect potential reforms, from tax rate cuts to an overhaul of the system, aimed at boosting consumption, simplifying taxation,

[ Sat, Feb 01st 2025 ]: Mint

Budget 2025 | Tax relief for AIFs as income will now be treated as capital gains

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

[ Sat, Feb 01st 2025 ]: Forbes

Trump's $10 Trillion Crypto Bet: Stablecoins To Replace Eurodollars?

The modern financial system runs on a form of dollars that most Americans have never heard of Eurodollars. Will they be replaced by stablecoins?

[ Sat, Feb 01st 2025 ]: Firstpost

Big tax relief for middle class, push for agriculture, MSMEs: Takeaways of Union Budget 2025-2026

Nirmala Sitharaman made a slew of huge announcements during the 2025-2026 Union Budget speech - perhaps none bigger than that there would be no tax on income up to Rs 12 lakh under the new regime. But what other schemes did the finance minister unveil?

[ Sat, Feb 01st 2025 ]: Indiatimes

Budget 2025: Next year, 10,000 seats will be added in medical colleges and hospitals, announces FM Sitharaman

Union Finance Minister Nirmala Sitharaman announced significant investments in healthcare, with plans to add 10,000 medical seats next year and a tota

[ Sat, Feb 01st 2025 ]: Firstpost

Union Budget 2025: Big income tax relief, push to Make in India and other highlights

India's economic trajectory remains robust as Finance Minister Nirmala Sitharaman presented the Union Budget 2025 on Saturday. She emphasised on strong GDP growth, moderated inflation, and buoyant investment activity despite global uncertainties.

[ Sat, Feb 01st 2025 ]: NDTV

Nirmala Sitharaman's Budget Speech Was 77 Minutes Long. How It Compares To Her Previous Speeches

Nirmala Sitharaman's budget speech, which came with a big bonanza for taxpayers, lasted for an hour and 17 minutes, shorter than the previous year's speech spanning 1 hour and 25 minutes.

[ Sat, Feb 01st 2025 ]: IPPMEDIA

Bank affirms to support clean energy transition

[ Sat, Feb 01st 2025 ]: NDTV

Budget 2025: Centre Announces Big Reforms For Ease Of Doing Business

Finance Minister Nirmala Sitharaman presented her eighth consecutive Union Budget, announcing reforms for the ease of doing business, MSMEs, and startups.

[ Sat, Feb 01st 2025 ]: RepublicWorld

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

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in the Lok Sabha on Saturday. Union budget 2025-26 is expected to place greater emphasis on the agriculture sector and may introduce tax reforms,

[ Sat, Feb 01st 2025 ]: Reuters

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

Indian shares held on to their early gains in a special session for the union budget on Saturday, with investors watching for consumption-boosting measures amid an economic slowdown due to high inflation and anemic wage growth.

[ Sat, Feb 01st 2025 ]: Reuters

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

A panel of French lawmakers on Friday agreed on the final text of a much-delayed 2025 budget proposal, paving the way for the lower house passage of a bill that is key to restoring investor confidence and ensuring the government's survival.

[ Sat, Feb 01st 2025 ]: MSN

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

Nirmala Sitharaman earned her Master's in Economics, MPhil from Jawaharlal Nehru University and did her Bachelor's in Economics from Seethalakshmi Ramaswamy College, Tiruchirapalli

[ Sat, Feb 01st 2025 ]: MSN

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

With Nirmala Sitharaman all set to present her Budget, millions of small businesses in the country would be pinning their hopes on the FM to provide incentives and measures to kick-start sluggish growth.

[ Sat, Feb 01st 2025 ]: 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.
Fri, January 31, 2025

[ Fri, Jan 31st 2025 ]: Forbes

The Mental Health Boom: Why The U.S. Needs 30% More Therapists

The demand for mental health professionals in the U.S. is skyrocketing, surpassing the growth of traditionally high-demand fields like IT, finance, and hospitality.

[ Fri, Jan 31st 2025 ]: Bustle

Your February Money Horoscope

Whether you jumped right into action on your 2025 money goals or spent January struggling to stick to a strategy, the astrology of February brings good fortune for your bank account. Some exciting planetary alignments are coming to bring lucky opportunities and motivation boosts, so your money horoscope for February 2025 is major.

[ Fri, Jan 31st 2025 ]: Mint

Budget 2025 expectations LIVE: Income Tax expectations to allocations for key sectors - what India wants from the FM

Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA government, which would be presented by Finance Minister Nirmala Sitharaman on February 1,

[ Fri, Jan 31st 2025 ]: wjla

Empowering Growth: HCEDA CEO Jennifer Jones on business resources in Howard County

Jennifer Jones, CEO, Howard County Economic Development Authority joined Good Morning Washington to talk about the resources available to help businesses.

[ Fri, Jan 31st 2025 ]: CNBC

How to apply for a mortgage

CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the underwriting process and finally closing.

[ Fri, Jan 31st 2025 ]: MoneySense

When does the capital gains tax inclusion rate increase take effect?

Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase..

[ Fri, Jan 31st 2025 ]: Fortune

'Control of our destiny': UPS braves blowback over Amazon break

UPS stocks plummeted after it slashed business with the world's largest online retailer.

[ Fri, Jan 31st 2025 ]: cfodive

CFO Dive's 2025 outlook roundup: Trends to watch

[ Fri, Jan 31st 2025 ]: Indiatimes

Budget 2025 Economic Survey Live: Economic Survey 2024-25 highlights government's push for rural development

Ahead of the Budget session, PM Modi prayed to Goddess Lakshmi for blessings on the poor and middle class. He expressed confidence that the session would inject new energy into India's development goals,

[ Fri, Jan 31st 2025 ]: MSN

A "patriot economy"? Trump Media expands into fintech with Truth.Fi

Trump Media, the company that runs Donald Trump's social media platform Truth Social, is expanding into financial services that include fintech and crypto. On Wednesday, the publicly traded company announced Truth.

[ Fri, Jan 31st 2025 ]: Reuters

Exclusive: Mexico's Pemex, billionaire Slim renegotiate deepwater gas project

Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal to develop the country's first deepwater natural gas field, five sources familiar with the matter told Reuters.

[ Fri, Jan 31st 2025 ]: AOL

What Is a Fixed Annuity? Investment Benefits and Disadvantages

A fixed annuity offers a reliable income stream with a guaranteed interest rate. Learn how fixed annuities work, their benefits and types.

[ Fri, Jan 31st 2025 ]: cnbctv18

Budget Economic Survey 2025 Live: West Bengal among 12 states with significant potential for reform-led development

The Economic Survey, tabled in Parliament ahead of the Union Budget, provides the roadmap for reforms and growth. The document is prepared by a team led by Chief Economic Adviser V Anantha Nageswaran.

[ Fri, Jan 31st 2025 ]: Reuters

Exxon beats Q4 estimates with higher Permian, Guyana output

Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.

[ Fri, Jan 31st 2025 ]: RepublicWorld

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

Union Budget 2025 will be streamed live on Sansad TV and the official website of the Union Budget: indiabudget.gov.in. For real-time updates, viewers can also watch it live on Republic Business's YouTube channel as well as Republic TV.

[ Fri, Jan 31st 2025 ]: MSN

I'm a self-made entrepreneur with a $4.8 million net worth and I want to splurge $300k on a car - will I regret this?

Key Points A Reddit user is wondering if he should spend $300K on a vehicle. He has $4.8 million and a paid off home, and he plans to keep working. Buying the car seems like the right move since it will make him happy without jeopardizing his

What are the new income tax slabs introduced in Union Budget 2025? How much will you save now?

Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, there is no tax on income up to Rs 12 lakh. This rejig is expected to boost disposable income,

The article from Firstpost discusses the potential changes in the Union Budget 2025, focusing on the new income tax regime in India. It highlights the government's push towards simplifying the tax structure by introducing new tax slabs under the new tax regime, which was first announced in the 2020-21 budget. Key points include the reduction in tax rates for individuals opting for the new regime, with no tax on income up to Rs 3 lakh, and progressive rates up to 30% for income above Rs 15 lakh. The article also mentions the removal of certain deductions and exemptions to make tax filing easier, aiming to encourage more taxpayers to shift to this regime. Additionally, it speculates on possible adjustments to tax slabs, potential increases in standard deductions, and changes in tax benefits related to savings and investments like Section 80C. The piece also touches on the broader economic context, including the impact of inflation and the need for fiscal measures to boost consumption and savings among the middle class.

Read the Full Firstpost Article at:
https://www.firstpost.com/explainers/union-budget-2025-new-income-tax-slabs-regime-savings-salary-13858557.html


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