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Income Tax: What is rebate under 87A which enables taxpayers earning upto Rs.12 lakh to claim zero tax? An explainer

New Delhi, Feb. 7 -- In Budget 2025, Finance Minister Nirmala Sitharaman revised the income slabs under the new tax regime, thus offering relief to the middle-class taxpayers. Now, there is no income... Read More


Lok Sabha takes up discussion on Union Budget

New Delhi, Feb. 7 -- Lok Sabha on Friday took up the discussion on the Union Budget 2025-26, which was presented by Finance Minister Nirmala Sitharaman on the last Saturday. Initiating the discussion... Read More


NIA opposes MP Engineer Rashid's plea seeking custody parole to attend Parliament

India, Feb. 7 -- The National Investigation Agency (NIA) on Friday opposed Jammu and Kashmir parliamentarian Rashid Engineer's plea for grant of custody parole in a terror funding case, to attend the ... Read More


Cheaper loans better for trade, industry: Congress leader Rajeev Shukla on repo rate cut by RBI

New Delhi, Feb. 7 -- Congress leader Rajeev Shukla on Friday welcomed RBI's decision to reduce repo rate by 25 basis points (bps) to 6.25 per cent and said that it will help trade and industry as loan... Read More


Sri Lanka's ambitious reform agenda delivering commendable outcomes: IMF

Sri Lanka, Feb. 7 -- The International Monetary Fund (IMF) says that its Executive Board's approval for the release of the fourth tranche of Sri Lanka's Extended Fund Facility (EFF) program is conting... Read More


Carraro India Ltd leads losers in 'B' group

Mumbai, Feb. 7 -- Manoj Vaibhav Gems N Jewellers Ltd, Exicom Tele-Systems Ltd, Palash Securities Ltd and Brainbees Solutions Ltd are among the other losers in the BSE's 'B' group today, 07 February 20... Read More


Mazagon Dock Shipbuilders Q3 Results: Net profit rises 29% year-on-year to Rs.807 crore

Q3 Results, Feb. 7 -- Mazagon Dock Shipbuilders' consolidated net profit during the quarter ended December 2024 increased by 29.33% to Rs.807.04 crore compared to Rs.623.87 crore in the year-ago quart... Read More


RBI introduces additional authentication feature for international transactions: Report

India, Feb. 7 -- The Reserve Bank of India (RBI) on Friday, announced its plans to introduce Additional Factor of Authentication (AFA) for cross-border "Card Not Present" (CNP) transactions to enhance... Read More


Bill Gates criticises Elon Musk, 'USAID shutdown could lead to literally millions of deaths!'

New Delhi, Feb. 7 -- Billionaire philanthropist Bill Gates has expressed concerns over Elon Musk's recent announcement regarding the closure of the United States Agency for International Development (... Read More


Agro processors mull increasing product prices

Dhaka, Feb. 7 -- Agro-processors on Thursday said they are considering raising the retail prices of their products. This came as their meeting with the high-ups of the National Board of Revenue (NBR)... Read More