• Wed, February 12, 2025

by: cnbctv18

New Income Tax Bill proposes key changes: 23 chapters, 16 schedules, and taxpayer's charter

Sources indicate that the bill focuses on easing compliance. The new framework will streamline paperwork, integrate digital platforms, and simplify return filing procedures, reducing the burden on taxpayers.

by: fbcnews

New loan facility to assist women

Hundreds of women in micro and small enterprises are set to benefit from a new loan facility supported by a $4 million boost from the Asian Development Bank. Merchant Finance Limited's Women's MSEs product, backed by ADB, will dedicate 75 percent of its funding to women in business.

by: Indiatimes

Top 6 Zodiac signs that attract money like a magnet

These six zodiac signs have unique traits and qualities that allow them to attract wealth like a magnet. Whether it's through hard work, strategic planning, leadership, or their natural charm, each sign's special abilities in attracting money stem from their astrological alignment with the planets that govern wealth,

by: Forbes

Trump's Tariffs Causing Chaos In Auto Industry, Says Ford CEO

Ford CEO Jim Farley did not mince words when he said Trump's tariff policy is causing concern and chaos amongst automakers.

by: MSN

I'm 32 with $7 million in the bank but my revenue stream has dried up and I'll be lucky if I can find a job making $100k

Key Points A Reddit user with $7 million is unsure about how to spend his days. He made his money in an industry that's no longer viable and now can't find good-paying work. Because of his financial security,

by: Reuters

BofA doubles size of banking team in Switzerland after Credit Suisse collapse

Bank of America has doubled the size of its banking team in Switzerland, its CEO said, seizing on a potential opportunity to gain market share amid a shakeup in the Swiss banking market after the demise of Credit Suisse.

by: MSN

Climate change threatens Valentine's Day gift of chocolates, charity warns

Climate change threatens Valentine's Day gift of chocolates, charity warns - Erratic weather and rising temperatures in key cocoa-growing countries have pushed up global prices and left farmers with an uncertain future.

by: Forbes

America And The West Look To Eurasian Energy

Trump's push for energy autarky ignores key dynamics - especially the global pivot to Eurasia for energy needs. However, there is an unorthodox opportunity for America.

by: MSN

Which AI-Powered Jobs Can Fresh Graduates Look Out For? Let's Find Out

by: MSN

Top 5 Best Cryptos to Watch in 2025: Qubetics ($TICS) and Other Coins with Over 240% ROI Potential

In 2025, the world of cryptocurrency continues to evolve at lightning speed. With the volatility of the market, new projects are constantly emerging, promising innovative solutions to the problems that their predecessors failed to solve.

by: MSN

Map Shows States Where Joann Fabrics Is Closing Most Stores

The bulk of the closures are concentrated in California, Florida, Indiana, Michigan, New York, Pennsylvania and Washington.

by: MSN

Robinhood hits record $1 billion in Q4 revenue, boosted by 500% jump in crypto fees

The online brokerage's stock soared in 2024 as investors flooded back into crypto to trigger another bull market.

by: MSN

From credit cards to medical debt: What may happen to some key consumer protection rules under Trump

The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now under strict orders to do nothing.

by: MSN

3 mREIT Stock to Watch Amid Ongoing Volatile Industry Trends

The Zacks REIT and Equity Trust industry's speedy recovery has been halted of late because of mortgage rates' volatile trends. Given the clarity on the Federal Reserve's rate cut trajectory, mortgage rates are likely to decrease gradually.
  • Thu, February 13, 2025

by: citizen

Why are African start-up exits scarce and how can founders better prepare?

by: Yahoo

WEATHER AWARE for Heavy Rain and Severe Storms Tonight - CBS 42 News at 4 pm Weather Update

Chief Meteorologist Dave Nussbaum says to be Weather Aware Tonight for a threat of heavy rain, flooding, damaging winds, and a few tornadoes. We will dry out and cool down Thursday and Friday. Need to be Weather Aware Saturday for another round of severe storms.

by: decrypt

Riot Taps Advisors to Explore AI Partnerships as Bitcoin Miners Eye New Revenue Streams

With declining Bitcoin mining revenue and rising difficulty, companies like Riot are seeking new revenue streams.

by: Indiatimes

Top 20 richest families in Asia 2025: Mukesh Ambani leads; followed by key Indian and Asian business empires

Mukesh Ambani, CEO of Reliance Industries, leads Bloomberg's list of the Top 20 Richest Families in Asia 2025, showcasing dominance in diverse industr

by: SiliconANGLE

SAP announces Databricks partnership to power AI with Business Data Cloud

The company also announced a partnership with enterprise data processing and AI company Databricks Inc. The collaboration natively embeds Databrick's technology for data engineering, machine learning and AI workloads into SAP's cloud solution.

by: Indiatimes

Indian student admissions in Canada are affected by geopolitics and government relations, says dean of Alberta School of Business Vikas Mehrotra

Q: A lot has changed in the world since you became the dean; how is the B-school adapting to the new realities globally?

by: Reuters

USAID environmental funding worth $70 mln frozen in Colombia, minister says

Funding worth $70 million for environment and conservation projects from the U.S. Agency for International Development (USAID) have been frozen in Colombia after President Donald Trump moved to gut the organization,

by: Forbes

Is 2025 The Year Banking Solves The Customer Experience Conundrum?

Banks can combine their natural advantages—core banking products and long-established brands—with cutting-edge customer experience.

by: Reuters

Nutella maker Ferrero reports 8.9% increase in revenues

Ferrero, the maker of the Nutella hazelnut spread, reported on Thursday an 8.9% increase in turnover in the financial year ending on August 31, to 18.4 billion euros ($19.2 billion), despite volatile commodity prices and inflationary pressures.

by: Forbes

Forecasting Accuracy: Overcoming A Major Sales Industry Hurdle

As businesses navigate increasingly complex economic pressures, the demand for more reliable and sophisticated sales forecasting methods has only grown in importance.

by: Reuters

Robinhood shares surge as crypto market frenzy fuels record results

Robinhood shares surged nearly 16% in premarket trading on Thursday, after the trading platform reported record fourth-quarter revenue and profit on the back of a resurgence in retail trading due to renewed interest in crypto and equity markets.

by: Forbes

Virpy Richter: The Gift Of Diverse Perspectives At The Awin Group

Virpy Richter has served Awin as its CFO. With ShareASale and Commission Factory, Awin's global affiliate platform is powered by 17 offices worldwide, over 1,400 emp

by: Reuters

Unilever to list ice cream business in Amsterdam, London, New York

Unilever said on Thursday it would demerge its ice cream business and list it in Amsterdam, London and New York, as part of its chief executive's plans to trim costs and simplify the group after years of underperformance.

by: Reuters

Unilever to list ice cream business in Amsterdam, London and New York

Unilever said on Thursday its ice cream business will be separated by way of demerger, through listing of the business in Amsterdam, London and New York.

by: Reuters

BNP Paribas and BPCE join forces in payment processing

BNP Paribas PA and BPCE said on Thursday they have finalized an agreement to create Estreem, a new French leader in payment processing, with the ambition to become one of the top three European players in the sector.

by: Reuters

Robinhood beats profit estimates as post-election trading frenzy lifts volumes

Trading platform Robinhood reported a surge in fourth-quarter profit on Wednesday, fueled by frenetic activity in equity and crypto markets following Donald Trump's presidential election victory.

by: Reuters

Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCredit

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.

by: Reuters

Commerzbank to cut 3,900 jobs, mainly in Germany

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.

by: Reuters

South Korea fines JPMorgan, Nomura, UBS and Morgan Stanley for short selling breaches

South Korea's market watchdog has imposed fines on JPMorgan, Nomura, UBS and Morgan Stanley for violating short-selling rules in the domestic stock market, an official at the Financial Supervisory Service said on Thursday.

by: MSN

Bain Fights Legal Battle Over Decade-Long South African Ban

Bain & Co. is fighting a legal battle against South African finance and tax authorities in a bid to overturn a decade-long ban on doing business with the state after becoming embroiled in a corruption scandal.

by: MSN

Expert offers surprising take on Trump's crypto push

Frank Speiser, CEO, Metafide, joined TheStreet to discuss how this might impact the broader crypto market. Related: Veteran trader warns against MicroStrategy's Bitcoin play CONWAY GITTENS: So part of this new era under Trump,

by: MSN

Unilever picks Amsterdam over London for primary ice cream listing

Ben & Jerry's maker Unilever will spin out its ice cream business and has chosen Amsterdam for its primary listing, it said on Thursday, in a blow to British finance minister Rachel Reeves' efforts to attract IPOs to London.

by: MSN

Income Tax Dept releases FAQs on new Income Tax Bill, 2025: Check details

During the course of numerous amendments to the Income tax Act, 1961, several policy decisions were incorporated as separate provisions. Read below to know more about the Income Tax Bill 2025.

by: MSN

English cricket gets 'seminal moment' as $650M raised by investors including Brady, Boehly and IPL

English cricket has generated around $650 million from the sale of stakes in franchises in The Hundred to big-business investors from India and the United States, including consortiums involving NFL great Tom Brady and Los Angeles Dodgers part-owner Todd Boehly.

by: MSN

OP Jindal Global University Launches Online BBA Program With a Focus on Accessibility and Excellence

O.P. Jindal Global University (JGU), recognized as an Institution of Eminence by the Government of India, and ranked as India's Number 1 Private University by the prestigious QS World University Rankings 2023,

by: MSN

NJ electricity bills leaping by as much as 20%; see what you'll pay and why

You're going to feel a proverbial electric shock when you crack open your electric bill this summer, judging by the results of the state's annual wholesale electricity auction. Monthly electric bills will see increases that range from 17.

by: MSN

?1.95 to ?215: Multibagger penny stock turns ?1 lakh into ?1.10 crore in four years

Dhruva Capital Services share price declined over 5 per cent on Thursday, February 13, hitting intraday low to ₹214.70 per share, against previous close at ₹225.95 on Wednesday.

by: MSN

Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

by: MSN

Prime Minister Narendra Modi on US visit, likely to meet Elon Musk

Prime Minister Narendra Modi visits the US for talks with President Donald Trump at the White House. Key topics include trade, strategic defense, and global security. Modi will hold bilateral discussions,

by: MSN

Economists predict 2% GDP growth for South Africa in 2025 amid agricultural recovery

Despite experiencing drought conditions for much of 2024, we expect a rebound in agriculture thanks to improved rainfall patterns across many regions," he said.

by: MSN

Chinese businesses rush to try DeepSeek AI at 'unprecedented' scale

Eight automakers including BYD, at least nine financial securities companies, three state-owned telecommunications operators and smartphone brand Honor are among the many that have rushed to integrate with DeepSeek in the last week.

by: MSN

'Vindicated': Dallas City Council rezones neighborhood that once housed Shingle Mountain

The six-year fight to change city policies that allowed a southern Dallas community to become the dumping ground for roofing debris — infamously known as 'Shingle Mountain' — is over. The Dallas City Council voted 12-1 Wednesday to rezone the neighborhood.

by: MSN

The federal paperwork mine in DOGE's crosshairs is real and bizarre

In the Oval Office on Tuesday, Elon Musk said the government stores and processes retirement paperwork in an old limestone mine. It's real.

by: MSN

Is Albertsons Companies, Inc. (ACI) the Cheapest Retail Stock to Buy?

We recently published a list of the 12 Cheap Retail Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Albertsons Companies, Inc. (NYSE:ACI) stands against other cheap retail stocks to buy right now.

New Income Tax Bill proposes key changes: 23 chapters, 16 schedules, and taxpayer's charter

Sources indicate that the bill focuses on easing compliance. The new framework will streamline paperwork, integrate digital platforms, and simplify return filing procedures, reducing the burden on taxpayers.
The article from CNBC TV18 discusses the new Income Tax Bill, which has been passed by the Lok Sabha and is set to replace the existing Income Tax Act of 1961. This new legislation, comprising 23 chapters and 16 schedules, aims to simplify and modernize the tax system in India. Key features include the removal of outdated provisions, the introduction of a new tax regime with revised tax slabs, and the incorporation of recent amendments like the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. The bill also addresses the taxation of digital assets, clarifies tax exemptions, and provides a framework for handling tax disputes. The new Act is scheduled to come into effect from April 1, 2026, giving taxpayers and businesses time to adapt to the changes.

Read the Full cnbctv18 Article at:
https://www.cnbctv18.com/personal-finance/new-income-tax-bill-act-23-chapters-16-schedules-table-april-2026-19557196.htm

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