The United States carried out precision air strikes against ISIS positions in Somalia, targeting senior terrorists, including the ISIS Attack Planner. President Trump, announcing the strikes, emphasized that no civilians were harmed and criticized the…
In the 87th Tata Steel Chess Tournament 2025, R Praggnanandhaa won his sixth game, Arjun Erigaisi secured his first victory, and Gukesh settled for a draw. Highlights included Praggnanandhaa's win over Alexey Sarana and Abdusattorov's…
Nvidia experienced a significant drop in its stock, erasing $595 billion in value, following competition from Chinese firm DeepSeek. DeepSeek's new AI model raised concerns about the future demand for Nvidia's high-cost chips, impacting the…
Maharashtra reported its fifth death due to Guillain-Barre Syndrome (GBS), with Assam confirming its first fatality. The outbreak has caused an increase in critical cases in Pune, leading to a rise in ICU admissions and…
Phyllis Fong, the USDA inspector general, was escorted out of her office after disputing her dismissal by the Trump administration, citing improper procedures. The White House defended the move, describing the firings as necessary to…
The tenure for filing updated tax returns has been extended from two to four years, allowing taxpayers more time to correct discrepancies. However, steep additional taxes of up to 70% apply for delayed filings. The…
Budget 2025 amends Section 23 of the Income Tax Act, allowing taxpayers to claim the annual value of up to two self-occupied properties as nil, without any condition. This simplification applies if the properties are…
Prime Minister Modi invoked Goddess Lakshmi on Budget-eve, later Indian taxpayers received significant tax relief. Finance Minister announced revised tax slabs where the biggest benefit is for those earning up to Rs 12.75 lakh, making…
STATE TIMES NEWS NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday announced significant income tax cuts for the middle class and unveiled a blueprint for next generation reforms for Viksit Bharat as she treaded a…
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