• Sun, February 2, 2025

by: 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.

by: 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.

by: 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.

by: 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.

by: 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.

by: 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,

by: Reuters

Asia automakers lead the decline as region takes a beating from Trump tariffs

Shares of Japanese and South Korean car makers and their suppliers led declines in Asia on Monday, as exporters across the region were walloped by U.S. President Donald Trump's introduction of sweeping tariffs on Mexico,

by: MSN

Do you need to file Taxes in 2025? Here's what to know about income and refunds

Filing taxes might seem like a chore, especially if you're not required to do so. However, there are compelling reasons to consider submitting a tax return, even when it's not mandatory.

by: Reuters

Porsche starts talks to end CFO, sales chief contracts

Porsche's supervisory board has started talks to end finance chief Lutz Meschke's and sales executive Detlev von Platen's contracts early, the German luxury carmaker said in a statement late on Saturday,

by: MSN

Deep Dive: What Elon Musk's All-In Bet on Trump Means for Tesla

This weekend's deep dive explores Elon Musk's high-stakes gamble on a Trump presidency and what it means for Tesla's future. From Musk's $131 million investment in Trump's campaign to the potential policy shifts that could impact Tesla's electric vehicles,

by: 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.

by: 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.

by: MSN

Centre's tax clarity on VC asset sales to reduce litigation

Previously, the reading of the Income Tax Act led to proceeds from exits to be considered business income for domestic alternative investment funds (AIFs), leading to these firms paying income tax.

by: MSN

Trump rolls out his vision to reshape America's schools

President Trump issued two executive orders that call on his administration to look into more funding for schools that adopt his political ideologies.

by: 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.

by: MSN

Trump imposes tariffs on Canada, Mexico and China

American importers will pay a new 25 percent tax on goods from Canada and Mexico and a 10 percent levy on products from China.

by: MSN

Japan's factory activity extends decline, optimism weakens, PMI shows

Japan's factory activity fell at the fastest pace in 10 months on sluggish demand, a private-sector survey showed on Monday, with business confidence hitting a more than two-year low in a sign that the manufacturing sector is under heavy pressure.

by: MSN

Prediction: 3 Stocks That'll Be Worth More Than Amazon 10 Years From Now

While the e-commerce behemoth is still a solid growth prospect, a handful of names are positioned to leapfrog Amazon in terms of sheer size.

by: MSN

America's favorite beer, avocados, gas and cheap stuff from Temu will get more expensive as economists warn of Trump tariffs impact

Avocados from Mexico. Cherry tomatoes from Canada. Cheap clothes from China's Shein and Temu. Gasoline at the pump. And even America's favorite beer. Economists and market analysts are warning that Americans should brace for higher prices on a raft of everyday goods after President Trump announced 25% tariffs on goods from Mexico and Canada and 10% on imports from China.

by: MSN

Could the Stargate Project Help Send BigBear.ai Stock Soaring This Year?

Spending on artificial intelligence (AI) has been heating up recently, and it may not necessarily be slowing down. The Stargate project, a new joint venture announced in January, will involve multiple companies -- OpenAI,

by: MSN

Trump Tariffs Live Updates: President Admits Prices Could Rise As Canada And Mexico Plan Retaliation

AM EST Homeland Security Secretary Kristi Noem acknowledged on "Meet the Press" that Trump's tariffs could raise prices but said the blame would fall on other

by: MSN

Trump unveils sweeping US tariffs on Canada, Mexico, China

President Donald Trump announced broad tariffs Saturday on major US trading partners Canada, Mexico and China, claiming a "major threat" from illegal immigration and drugs -- a move that sparked promises of retaliation.

by: MSN

Today's Mortgage Rates | Rates Start the Month a Bit Lower

These are today's mortgage and refinance rates. Where mortgage rates go this year depends on inflation and Fed policy.

by: MSN

Anchorage's 10th Annual Black Business Expo Empowers Entrepreneurs In Alaska

"I wanted there to be more opportunities for us to work together. We do a lot of celebration in terms of food and dancing, but not enough education around financial literacy, economic empowerment, or generational wealth building.

by: MSN

Enhanced credit, support for women and SC/ST entrepreneurs in the pipeline

Finance Minister Nirmala Sitharaman`s eighth Budget provided a shot in the arm to micro, small and medium enterprises, as she proposed a slew of measures including enhancement of investment and turnover limits for their classification,

by: MSN

Car Prices Face $3,000 Increase as Tariffs Hit Auto Sector

President Donald Trump's tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion dollars in trade set to be disrupted.

by: MSN

'Business with a friend': Leaders from sister city Chihuahua spend weekend in Pueblo

Business and Education leaders from Chihuahua, Mexico spent a weekend in the Steel City to discuss mutually beneficial opportunities

by: MSN

I'm a multimillionaire who balances frugality and treating my 3 kids. I remember what it's like not to be wealthy.

Brandon Medford, CEO and multimillionaire, balances frugality and treating his kids. He learned to build his wealth after starting his own company.

by: 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.
  • Mon, February 3, 2025

by: Indiatimes

Navigating Budget 2025: Implications for taxpayers and markets

Analysing Budget 2025 and how finance minister Nirmala Sitharaman's budget has had a fallout on markets; how can investors balance risks in evolving f

by: ABC

Trump 2nd term live updates: Musk 'in the process' of 'shutting down' USAID, he says

President Donald Trump has begun his second administration with a series of controversial moves and decisions.

by: inc42

How AssetPlus Turned Mutual Fund Distribution Into A Scalable Tech Ecosystem

The platform provides MFDs with proprietary research on best-performing financial products, marketing materials and training programmes to improve advisory skills.

by: Fortune

How Trump's decision to fire NLRB and EEOC commissioners could change the future of the workplace

The impact of these dismissals "cannot be overstated."

by: Reuters

ESG Watch: Companies 'complacent about cybercrime', despite rise in risk from AI

In the World Economic Forum's latest Global Risks Report three of the top 10 risks are technological: misinformation and disinformation; adverse outcomes of AI technologies; and cyber espionage and warfare.

by: Reuters

Americans have high hopes for Trump's economy, Gallup poll shows

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

by: Reuters

Julius Baer announces net profit of $1.12 bln for 2024

Swiss bank Julius Baer on Monday reported a net profit of 1.022 billion Swiss francs ($1.12 billion) for 2024.

by: MSN

'Realistic prospect' that tariffs become long-term fixtures in the U.S. economy, BritishAmerican Business CEO says

BritishAmerican Business CEO Duncan Edwards discusses U.S. president Donald Trump's decision to impose tariffs on Mexico, Canada and China.

by: MSN

Singapore says Nvidia's astounding local sales don't mean it's the source of DeepSeek's GPUs

PLUS: Chinese bus lanes put Tesla in a tangle; India drops electronics tariffs; Samsung worries about soft demand Asia In Brief Nvidia's quarterly results occasionally raise eyebrows because they report that Singapore is a disproportionately large market for its wares.

by: MSN

When 'unretiring' isn't worth it: some low-income retirees say higher paychecks would cut their benefits

Low-income retirees say that returning to work would mean a higher paycheck, but lower food, health, and housing benefits.

by: MSN

Budget 2025 A Game-Changer for India's Economy: Sudha Reddy Lauds Finance Minister Nirmala Sitharaman

The Union Budget 2025, presented today by Finance Minister Nirmala Sitharaman, has received widespread appreciation from industry leaders, including philanthropist and business leader Sudha Reddy. She hailed the budget as a game- changer for India's economy,

by: MSN

Forbes Releases Top 10 Most Powerful Countries In The World 2025 List; Check Out Details

Forbes, an American business magazine, has released list of Top 10 powerful countries in the world 2025 considering each nation with concept of power in the global landscape is complex, involving dimensions such as political sway,

by: MSN

Asia's factory activity weakens as Trump tariffs jolt sentiment

Asia's factory activity weakened in January as soft Chinese demand and threats of higher tariffs by U.S. President Donald Trump weighed on business sentiment, private surveys showed on Monday, darkening the outlook for the region's economy.

by: MSN

The eFishery scandal: Indonesia's aquaculture unicorn fraud rocking SE Asia

By bno - Surabaya bureau One of Southeast Asia's most talked-about controversies is the alleged fraud at eFishery, an Indonesian startup once hailed as a success story in the aquaculture sector. Founded by Gibran Huzaifah,

by: MSN

Jim Cramer on Toyota Motor Corporation (TM): 'It's Still In The Auto Business And That's A Real Tough Neighborhood And I Care About The Neighborhood'

We recently published an article titled Jim Cramer Looked Closely At These 10 Stocks. In this article, we are going to take a look at where Toyota Motor Corporation (NYSE:TM) stands against the other stocks Jim Cramer looked closely at.

by: MSN

Trump's tariffs on Canada, Mexico, and China spark mixed reactions in New York

President Donald Trump is moving forward with his promise to impose tariffs on foreign countries, announcing a 25 percent tariff on Canada and Mexico and a 10

by: MSN

India is slashing taxes. It must now cut red tape

Narendra Modi's government has raised the effective income tax threshold and introduced tax relief, aiming to boost consumer sentiment amidst an economic slowdown. However, significant economic recovery will require job creation and easing the business environment,

by: 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.

by: 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.

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.
The article from LiveMint discusses expectations and updates regarding the Union Budget 2025, which is anticipated to be presented by Finance Minister Nirmala Sitharaman. Key points include expectations from various sectors like salaried employees who are hopeful for changes in income tax slabs and exemptions. There's a focus on economic recovery post-COVID, with demands for increased capital expenditure, infrastructure development, and support for sectors like healthcare, education, and agriculture. Additionally, there are expectations for policy measures to boost employment, encourage private investment, and possibly introduce new welfare schemes. The article also touches on the political context, given that this budget will be one of the last before the general elections, influencing its potential direction towards populist measures or fiscal consolidation. The date and time for the budget presentation are also mentioned, with live updates on reactions and analyses from experts and stakeholders.

Read the Full Mint Article at:
https://www.livemint.com/economy/budget-2025-expectations-live-updates-nirmala-sitharaman-income-tax-salaried-employees-union-budget-date-time-31-jan-11738287183328.html

Like: 👍

Similar Business and Finance Publications
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,
Finance Minister Nirmala Sitharaman will present the Budget for the financial year 2025-26 on February 1. On the day of NDA 3.0's Budget announcement, BSE and NSE will also remain open for trading to ensure live trading coincides with the Budget announcement.
Taxpayers and India Inc. alike are hoping for income tax relief from Finance Minister Nirmala Sitharaman in Union Budget 2025 to boost money in hand and improve consumer demand, respectively.
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,
We also expect the budget to introduce policies incentivizing energy-efficient practices among companies. This will not only transform India's energy landscape but also contribute significantly towards achieving the country's net-zero goals and climate targets,
Corporate India is seeking tax reforms, lower GST rates and anticipating various capex allocation announcements from Finance Minister Nirmala Sitharaman in her 8th Budget speech.
The clamour for tax cuts is growing louder and louder- with industry bodies chipping in with ideas of rationalising the tax slabs and increasing the tax bracket from current 7 lakh to 20 lakh per annum.
Union Finance Minister Nirmala Sitharaman is all set to present her eighth budget on February 1. Tax simplification, increased capital spending, and steps to boost consumption are likely on the table as India navigates slowing domestic growth and global uncertainties.
Union Finance Minister Nirmala Sitharaman is all set to present her eighth budget on February 1. Tax simplification, increased capital spending, and steps to boost consumption are likely on the table as India navigates slowing domestic growth and global uncertainties.
This move aims to connect them to social welfare programs offered by the government. The workers will also receive healthcare benefits under the PM Jan Arogya Yojana.
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,
Live: Finance Minister Nirmala Sitharaman will table the Economic Survey 2025 in Parliament today at the start of the Budget ses