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90% or more taxpayers may shift to new regime with new slabs announced in Budget: CBDT Chairman

February 2, 2025
Finance

New Delhi, Feb 2 (PTI) The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime as compared to the about 75 per cent as of now, CBDT Chairman Ravi Agrawal said on Sunday. In a post-Budget interview exclusively to the new agency, Agrawal said the government’s and the Income-Tax Department’s philosophy and approach is to ensure a “non-intrusive” tax administration in the country through an enhanced usage of Artificial (AI) apart

Musk aides lock Office of Personnel Management workers out of computer systems

February 1, 2025
Retirement
Elon Musk

WASHINGTON, Jan 31 (Reuters) – Aides to Elon Musk charged with running the U.S. government human resources agency have locked career civil servants out of computer systems that contain the personal data of millions of federal employees, according to two agency officials. Since taking office 11 days ago, President Donald Trump has embarked on a massive government makeover, firing and sidelining hundreds of civil servants in his first steps toward downsizing the bureaucracy and installing more loyalists. Musk, the billionaire Tesla (TSLA.O), opens new tab CEO and X owner tasked by Trump to slash the size of the 2.2 million-strong

Four simple steps you can take to live longer

February 1, 2025
Health

Four simple steps you can take to ensure we live longer. While there is never any guarantee over our life expectancy, a number of important contributing factors are within our control. Their advice is based on an eight-year study of 6,200 men and women, led by the John Hopkins Centre for Behaviour and Health in the US. As part of this research, the participants who adopted these behaviours reduced the chance of death from all causes within that time frame by an “astounding” 80 percent. The John Hopkins website explained: “How to live longer? Here are those four factors, all

“A band-aid for bullet wounds, government bankrupt of ideas”: Rahul Gandhi slams union budget

February 1, 2025
Finance

New Delhi [India], February 1 (ANI): Congress leader Rahul Gandhi on Saturday described the union budget as “a band-aid for bullet wounds” and said the “government is bankrupt of ideas” to boost the economy and increase employment. The budget 2025-26 was presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday. Congress leaders have slammed the budget. “A band-aid for bullet wounds! Amid global uncertainty, solving our economic crisis demanded a paradigm shift. But this government is bankrupt of ideas,” Rahul Gandhi, who is Leader of Opposition in Lok Sabha, said in a post on X. A band-aid for bullet

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