• Delhi Election: EVMs Secured Under Tight Security

    EVMs and VVPAT machines used in the Delhi Assembly election are secured in 70 strongrooms with a three-tier security system, Delhi CEO R. Alice Vaz announced. Paramilitary forces guard the innermost perimeter, while State-armed police secure the outer area.

    The strongrooms are under 24x7 CCTV surveillance with a double-lock system and a single entry/exit point to prevent unauthorized access. No re-election is needed as no complaints were reported from any of the 699 candidates.

    Read in Details: https://www.thehindu.com/elections/delhi-assembly/evms-kept-in-strongrooms-with-three-tier-security-system-says-delhi-ceo/article69189428.ece

    #DelhiElections #EVM #VVPAT #ElectionSecurity #Democracy #ECI #VotingProcess #ElectionNews
    Delhi Election: EVMs Secured Under Tight Security EVMs and VVPAT machines used in the Delhi Assembly election are secured in 70 strongrooms with a three-tier security system, Delhi CEO R. Alice Vaz announced. Paramilitary forces guard the innermost perimeter, while State-armed police secure the outer area. The strongrooms are under 24x7 CCTV surveillance with a double-lock system and a single entry/exit point to prevent unauthorized access. No re-election is needed as no complaints were reported from any of the 699 candidates. Read in Details: https://www.thehindu.com/elections/delhi-assembly/evms-kept-in-strongrooms-with-three-tier-security-system-says-delhi-ceo/article69189428.ece #DelhiElections #EVM #VVPAT #ElectionSecurity #Democracy #ECI #VotingProcess #ElectionNews
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  • Union Budget 2025: Revised Tax Regime Brings Relief to Middle-Class Salaried Individuals

    The Union Budget 2025-26 has introduced significant changes to the tax regime, particularly benefiting salaried individuals. A comparative analysis of three different taxation scenarios—Standard Deduction, Standard Deduction + 80C, and Standard Deduction + 80C + Exemptions—shows the impact of the new tax regime compared to the old system.

    Key Highlights of the Revised Tax Structure:

    1. Higher Tax Exemption Limits:

    The new tax regime increases tax relief by raising exemption limits and adjusting tax slabs.

    Salaried individuals with an annual income up to ₹7.75 lakh can now enjoy a zero-tax liability under specific exemptions.



    2. Impact Across Different Income Brackets:

    For individuals earning ₹7.75 lakh annually, the total tax payable under the new regime is ₹15,000 after rebates, compared to ₹57,500 under the old tax regime.

    Middle-class earners in the ₹12.75 lakh and ₹15 lakh brackets will see a reduction in tax liability under the proposed changes.

    Higher-income earners (₹30 lakh+) will still experience a significant tax burden but with some adjustments for deductions.



    3. Expanded Benefits Under Section 80C and Salary Exemptions:

    When incorporating deductions under Section 80C (such as EPF, PPF, and life insurance premiums), tax liability further reduces in most salary brackets.

    In Scenario 3, which includes salary-based exemptions (20%), individuals benefit from an even lower taxable income, leading to substantial tax savings.




    Economic Implications:

    These tax reforms aim to increase disposable income, thereby boosting consumer spending and savings. The government anticipates that these changes will encourage investment in financial instruments while also reducing the tax burden on the salaried middle class.

    The revised tax regime aligns with the government’s broader economic strategy to enhance affordability, encourage compliance, and stimulate economic growth through fiscal relief.
    #budget #news #india
    Union Budget 2025: Revised Tax Regime Brings Relief to Middle-Class Salaried Individuals The Union Budget 2025-26 has introduced significant changes to the tax regime, particularly benefiting salaried individuals. A comparative analysis of three different taxation scenarios—Standard Deduction, Standard Deduction + 80C, and Standard Deduction + 80C + Exemptions—shows the impact of the new tax regime compared to the old system. Key Highlights of the Revised Tax Structure: 1. Higher Tax Exemption Limits: The new tax regime increases tax relief by raising exemption limits and adjusting tax slabs. Salaried individuals with an annual income up to ₹7.75 lakh can now enjoy a zero-tax liability under specific exemptions. 2. Impact Across Different Income Brackets: For individuals earning ₹7.75 lakh annually, the total tax payable under the new regime is ₹15,000 after rebates, compared to ₹57,500 under the old tax regime. Middle-class earners in the ₹12.75 lakh and ₹15 lakh brackets will see a reduction in tax liability under the proposed changes. Higher-income earners (₹30 lakh+) will still experience a significant tax burden but with some adjustments for deductions. 3. Expanded Benefits Under Section 80C and Salary Exemptions: When incorporating deductions under Section 80C (such as EPF, PPF, and life insurance premiums), tax liability further reduces in most salary brackets. In Scenario 3, which includes salary-based exemptions (20%), individuals benefit from an even lower taxable income, leading to substantial tax savings. Economic Implications: These tax reforms aim to increase disposable income, thereby boosting consumer spending and savings. The government anticipates that these changes will encourage investment in financial instruments while also reducing the tax burden on the salaried middle class. The revised tax regime aligns with the government’s broader economic strategy to enhance affordability, encourage compliance, and stimulate economic growth through fiscal relief. #budget #news #india
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