• Sat, March 1, 2025

by: Newspoint

Tax: Till now you were taking tax exemption in the old regime, now you have to go to the new regime, what is its process..

In the budget presented on February 1, 2025, Finance Minister Nirmala Sitharaman directly excluded income up to Rs 12 lakh from the scope of income tax. Crores of taxpayers will benefit from this. This step will provide great relief to those taxpayers who were still taking tax exemption from options like investment and home loans under the old tax regime.

by: SunLive

Government struggles with lack of visibility

The government has been struggling with lack of visibility over scores of big projects heading into Budget 2025. It has over $140 billion of projects being planned or built, and while cost pressures are put at just one billion, Treasury is "not sure" about the figure.

by: MSN

Ohio lawmaker, business person, resident react to bill that would increase marijuana sales tax

Ohio Senate Bill 56 would add more regulations in a stated effort to protect children. Some say it goes too far and pushes customers out of the state.

by: MSN

Hims & Hers Stocks Sinks Despite Huge Revenue Growth. Is This a Buying Opportunity in the Stock?

Although the telemedicine company displayed blistering growth and issued robust guidance, shares of Hims & Hers (NYSE: HIMS) plummeted following its fourth-quarter earnings report. The stock had rocketed from around $24 at the start of the year to over $70 before pulling back.

by: MSN

Fluent, Inc. (NASDAQ:FLNT) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 28, 2025 Fluent, Inc. beats earnings expectations. Reported EPS is $-0.18, expectations were $-0.3. Operator: Good morning, and welcome. Thank you for joining us to discuss Fluent,

by: MSN

Fulgent Genetics, Inc. (NASDAQ:FLGT) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 28, 2025 Fulgent Genetics, Inc. beats earnings expectations. Reported EPS is $0.04, expectations were $-0.31. Operator: Greetings, and welcome to the Fulgent Genetics,

by: MSN

Consumers are Stressed about Tariffs. For Many Companies, It's More Complicated

Key Takeaways Consumer confidence has fallen as Americans worry that companies will pass on the cost of tariffs, increasing their costs and inflation.Many companies that serve companies say they would raise at least some prices,

by: MSN

CEO behind DOGE dividend details Trump-backed plan to 'pay restitution to the taxpayer'

Azoria CEO James Fishback joined 'Maria Bartiromo's Wall Street' Friday to detail the DOGE dividend proposal, which is seeing a surge in support.

by: MSN

Rap star Pusha T's 'favorite business' venture is surprisingly a US medical-based service company. It started small but now operates in 7 cities. Here's what it does

While many celebrities channel their cash into business ventures as flashy as their lifestyles — think high-end liquors and swanky real estate — rap star Pusha T flipped the script by backing a relatively boring business a lot of people wouldn't even consider: medical transportation.

by: MSN

Should You Buy American Express While It's Below $300?

American Express (NYSE: AXP) is a top company within the financial services industry that has found lasting success. This has propelled its share price, which has risen 268% in the past decade. Including the dividend,

by: MSN

How to manage up and avoid getting an Elon Musk-style email asking you to show your work

If you accomplish an important task at work and your boss doesn't hear about it, did you even do it? That answer, unfortunately, is a resounding no. After President Trump said Elon Musk should "get more aggressive" with slashing federal spending,

by: MSN

Acme United Corporation (AMEX:ACU) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 28, 2025 Acme United Corporation misses on earnings expectations. Reported EPS is $0.41 EPS, expectations were $0.53. Operator: Good day, and welcome to the Acme United Corporation's Fourth Quarter 2024 Earnings Call.

by: MSN

Not diversifying your portfolio is a big mistake, expert warns

Matson Money founder and CEO Mark Matson discusses investing amid the tariff threat on 'Maria Bartiromo's Wall Street.'

by: MSN

Bay Area hardware store owner says he's already feeling pressure from tariffs

With President Trump imposing tariffs on international exports, business owners are already feeling the pressure, including the owner of several Bay Area hardware stores. Sooji Nam reports.

by: MSN

The Smartest Financial Stocks to Buy With $200 Right Now

Many financial stocks swooned in 2022 and 2023 as inflation, rising interest rates, geopolitical conflicts, and other macro headwinds shook the markets. But in 2024, some of those stocks stabilized with the Federal Reserve's three interest rate cuts.
  • Sun, March 2, 2025

by: Yen

High-stakes father-son feud rocks Singapore property giant

A high-stakes father-and-son feud has plunged Singapore property giant City Developments Ltd (CDL) into turmoil, with the private boardroom dispute of one of the city-state's wealthiest families

by: news24online

India's GST Collections Soar 9.1% To Rs 1.84 Lakh Crore In February 2025

Meanwhile, net GST collections, after accounting for refunds, grew by 8.1 per cent, reaching around Rs 1.63 lakh crore. This is a solid performance when compared to the same month in the previous year, when gross GST collections amounted to Rs 1.68 lakh crore and net collections stood at Rs 1.50 lakh crore.

by: Tuko

Iran lawmakers sack minister over economic woes

Iran's parliament sacked the country's finance minister on Sunday after impeaching him over soaring inflation and a plunging currency, state television reported. - 'Chronic inflation' - "The most important problem of the country's economy is inflation,

by: manilatimes

Ellomay Capital Announces Execution of Project Finance Agreements for its 198 MW Solar Portfolio in Italy

Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol "ELLO". Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe, USA and Israel.

by: Businessworld

Priority regulatory issues for the financial sector

The past years highlighted several critical issues for financial institutions and regulators, ranging from geopolitical and macroeconomic issues to growing challenges in balancing support for technology innovation with protecting consumer and markets from the attendant risks.

by: Kiplinger

Retire Abroad Where 'The White Lotus' Was Filmed

This lush locale is the perfect setting for 'The White Lotus.' But you can retire in this peaceful country without the hit show's murder and mayhem.

by: sanews

Minister announces fund to support spaza shops

Small Business Development Minister Stella Ndabeni has announced the creation of a R500 million Spaza Shop Support Fund that aims to enhance market competitiveness to help spaza shops and food handling outlets compete with larger retailers.

by: manilatimes

CGTN: How did China lay a good foundation for 2025 economic development

Those tasks, apart from driving a dramatic rebound for the Chinese economy, also laid a positive foundation for its 2025 trajectory. Experts have pointed out the adaptability and resilience rooted in China's economy, expressing optimism following the Central Economic Work Conference.

by: Reuters

'Fearless Girl' statue sponsor State Street drops boardroom diversity targets

State Street's asset management unit dropped targets for the number of women and minority directors who should serve on corporate boards.

by: Forbes

Intersectionality And Money: Why Financial Planning Is More Personal Than Finance

Simply put, just as no two people experience life the same way, no two people experience money the same way. Life experiences—family background, education, health, privilege, hardship—create deeply personal financial perspectives.

by: Forbes

AI And Automation: Threats And Opportunities For White-Collar Professionals

White-collar professional jobs are more susceptible to be disrupted by AI compared to manual or outdoor occupations. This pushes back on the notion that high-paying roles requiring advanced education are immune to automation.

by: MSN

R500 million initiative to assist spaza shops in South Africa

Minister Stella Ndabeni-Abrahams on Sunday announceds a new initiative to assist spaza shops with financial support and training to improve their operations.

by: MSN

Johnson & Johnson (JNJ): Among the Best Psychedelic Stocks to Buy in 2025

We recently compiled a list of the 12 Best Psychedelic Stocks to Buy in 2025. In this article, we are going to take a look at where Johnson & Johnson (NYSE:JNJ) stands against the other psychedelic stocks.

by: MSN

NBA star Jimmy Butler used to run the most exclusive coffee shop in the world. Now it's for everyone.

NBA star Jimmy Butler isn't only passionate about basketball. His love of coffee (and good conversation) is why he finally opened his first brick-and-mortar location of Bigface in Miami this year.

by: MSN

Xiaomi launches $1,600 Samsung phone challenger as it rides 300% stock rally to record high

Xiaomi launched the Xiaomi 15 and Xiaomi 15 Ultra on Sunday at the Mobile World Congress. The Xiaomi 15 starts at 999 euros ($1,047) and the Xiaomi 15 Ultra starts at 1,499 euros ($1,571). Xiaomi is continuing its push into higher end devices where it is trying to challenge market leader Samsung.

by: MSN

Russia's old economy is gone, and its wartime transformation has the military primed for a resurgence, former State Dept. official warns

"It is vital to recognize the profound impact of these sanctions—not only as evidence of their effectiveness but also as a stark reminder that the Russian economy of three years

by: MSN

A deal in city's lawsuit against Syracuse car dealer who spruced up property without permission

The city of Syracuse and a local car dealership have agreed to settle a lawsuit the city filed against the business for cleaning up an overgrown lot off Hiawatha Boulevard without first getting required permits.

by: MSN

JPMorgan's sustainable funds under fire for backing Glencore amidst community water crisis

For decades, coal mines operated by the world's largest mining multinational, with the support of the world's largest asset manager, have polluted the rivers and aquifers of Mpumalanga, with serious consequences for the population,

by: MSN

Parents are worried about AI chatbots popping up in kids' apps. Experts say here's what to watch for.

AI chatbots are raising some concerns as they're appearing in more kid-friendly apps. There's limited research on their social and emotional impact.

by: MSN

Marion Tech students get a boost with Alluvial's new scholarship

Alluvial Private Wealth has created the scholarship for Marion Tech business students that can be used for tuition, books, housing or transportation.

by: MSN

Jamie Dimon's woke demons won't halt JPMorgan's DEI

Under pressure from the Trump administration, JPMorgan is continuing to rework and reword its commitment to the controversial Diversity, Equity and Inclusion system of hiring and promotion, including possibly an overhaul of its flashy displays of DEI commitments featured on the company's website,

by: MSN

Is Warren Buffett Becoming A Beer Baron? Berkshire Hathaway Invests $1.2 Billion In Beer Conglomerate That Imports Modelo and Corona

Warren Buffett is famous for backing strong consumer stocks like Coca-Cola (NYSE KO), but his latest investment indicates he may be on the verge of becoming a beer baron. Public filings show Buffett's Berkshire Hathaway (NYSE BRK.

by: MSN

10 Harsh Money Truths You Should Know, According to Ramit Sethi

If you're struggling with decisions or uncomfortable with your financial situation, some ideas you have about money could be holding you back. The sooner you face important financial realities,

by: MSN

Is American Water Works Company, Inc. (AWK) the Best Water Stock to Buy According to Hedge Funds?

We recently published a list of 10 Best Water Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where American Water Works Company, Inc. (NYSE:AWK) stands against other best water stocks to buy according to hedge funds.

by: MSN

Is Pentair plc (PNR) the Best Water Stock to Buy According to Hedge Funds?

We recently published a list of 10 Best Water Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Pentair plc (NYSE:PNR) stands against other best water stocks to buy according to hedge funds.

by: MSN

Is Meta Platforms, Inc. (META) The Best Money Making Stock To Buy Now?

We recently published a list of 7 Best Money Making Stocks To Buy Now. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against other best money making stocks to buy now.

by: MSN

Is Primoris Services Corporation (PRIM) the Best Water Stock to Buy According to Hedge Funds?

We recently published a list of 10 Best Water Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Primoris Services Corporation (NYSE:PRIM) stands against other best water stocks to buy according to hedge funds.

by: MSN

Rail fares rise by 4.6% in England and Wales

The government says fares must go up so it can fund investment, but admits passengers are frustrated by services.

by: MSN

Figure's humanoid robots will handle your chores this year

Ready for robots in your home? Figure is quickly advancing its humanoid robot business and plans to begin alpha testing in homes by 2025. CEO Brett Adcock credits this rapid progress to breakthroughs in their Helix AI,

by: MSN

A millennial with a $5,000 side hustle portfolio explains which gigs are fun and easy

Steph Thompson enjoys side hustles that involve giving her feedback. While she's not a fan of all survey platforms, there are a few she likes.

by: MSN

A Lockheed exec tells BI what's needed to fix the F-35's biggest problems

The supersonic aircraft is widely recognized as a top fifth-generation fighter jet, but the program has faced criticisms.

by: MSN

Nation announces controversial changes to major industry: 'Significantly changed business environment'

The Japanese government's goal is to ease the financial pressures of inflation and supply chain issues. Nation announces controversial changes to major industry: 'Significantly changed business environment' first appeared on The Cool Down.

by: MSN

Over 2,000 attend 20th annual Marshall County Chamber Business and Health Expo

Rows of vendors, organizations and interactive stands filled the Moundsville Center during the Marshall County Chamber of Commerce Business and Health Expo. For 20 years this event has helped connect community members with local entities and shine a light on companies throughout the valley This weekend over 2,

Tax: Till now you were taking tax exemption in the old regime, now you have to go to the new regime, what is its process..

In the budget presented on February 1, 2025, Finance Minister Nirmala Sitharaman directly excluded income up to Rs 12 lakh from the scope of income tax. Crores of taxpayers will benefit from this. This step will provide great relief to those taxpayers who were still taking tax exemption from options like investment and home loans under the old tax regime.
The video from MSN Money discusses the transition from the old tax regime to the new tax regime in India. It explains that under the new regime, which was introduced to simplify the tax structure and offer lower tax rates, taxpayers must forgo many of the exemptions and deductions available in the old regime. The process involves understanding the new tax slabs, which are more straightforward but come with fewer benefits like HRA, LTA, and deductions under sections like 80C, 80D, etc. The video likely guides viewers on how to opt for the new regime, the implications of this choice, and how to calculate taxes under this system, emphasizing the need for taxpayers to evaluate which regime is more beneficial based on their income and investments.

Read the Full Newspoint Article at:
https://www.msn.com/en-in/money/video/tax-till-now-you-were-taking-tax-exemption-in-the-old-regime-now-you-have-to-go-to-the-new-regime-what-is-its-process/ar-AA1A2GHo

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