Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani visited in his two day visit to India . PM Modi himself welcomed him at the Indira Gandhi International Airport on Feb 17th. This is the first ever visit by a Qatari Emir in 10 years during which Emir has committed to invest $10 billion in India in infrastructure, technology, manufacturing, food security, logistics, hospitality and other sectors. India and Qatar aim to double trade to $28 billion in five years. #QatarIndiaRelations #QatarIndiaTrade #PMModi #SheikhTamim #BilateralTies #Investment #EconomicGrowth #BreakingNews #IndiaNews #QatarInvestment

Indian investors lose money in ponzi scheme run by Falcon Invoice Discounting, in operation since 2021, claiming associations with Amazon and Britannia and promising high returns to investors , who found the scheme through social media. Two people arrested, the main accused Amardeep Kumar being searched for by the police. Investors using legal remedies to recover funds. Total funds lost by people estimated at $ 100 million. Stay tuned for further updates. #PonziScheme #FalconScam #InvestmentFraud #IndiaNews #FinancialFraud #InvestorAlert #ScamAlert #BreakingNews #LegalAction #FraudAwareness

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

In a significant move to bolster the middle class and stimulate economic growth, India's Finance Minister Nirmala Sitharaman unveiled the Union Budget 2025-26 on February 1, 2025. The budget introduces substantial personal income tax reforms, aiming to increase disposable income and boost domestic consumption. Key Tax Reforms: Increased Tax Exemption Threshold: The income tax exemption limit has been raised from ₹7 lakh to ₹12 lakh per annum. This change ensures that individuals earning up to ₹12 lakh will not be liable to pay any income tax, providing significant relief to middle-class taxpayers. Revised Tax Slabs: For incomes above ₹12 lakh, the tax slabs have been restructured to reduce the tax burden across various income brackets. The new tax rates are as follows: ₹12 lakh to ₹16 lakh: 15% ₹16 lakh to ₹20 lakh: 20% ₹20 lakh to ₹24 lakh: 25% Above ₹24 lakh: 30% Additionally, the standard deduction has been increased to ₹75,000 from the previous ₹50,000, further enhancing tax savings for salaried individuals. Economic Implications: These tax reforms are anticipated to leave more money in the hands of the middle class, thereby boosting household consumption, savings, and investment. Economists predict that the increased disposable income will spur demand across various sectors, including consumer goods, automobiles, and real estate. The government estimates that these measures will result in an annual revenue loss of approximately ₹1 trillion. To offset this, the budget outlines a modest increase in capital spending, focusing on infrastructure development and rural initiatives. Additional Budget Highlights: Agricultural Support: The budget introduces the Prime Minister Dhan-Dhaanya Krishi Yojana, aiming to develop 100 agricultural districts and benefit 1.7 crore farmers. Enhanced credit facilities through the Kisan Credit Card (KCC) will provide short-term loans of up to ₹5 lakh to farmers, fishermen, and dairy farmers. Research and Innovation: An allocation of ₹20,000 crore has been made to implement a private sector-driven Research, Development, and Innovation initiative. The PM Research Fellowship will offer 10,000 fellowships for technological research in IITs and IISc. Export Promotion: To incentivize electronics and electric vehicle manufacturing, exemptions have been provided for components like open cells for LED/LCD TVs and capital goods for lithium-ion batteries. The budget also proposes measures to promote Maintenance, Repair, and Overhaul (MRO) services and trade facilitation. The Union Budget 2025-26 reflects the government's commitment to strengthening the economy by empowering the middle class, supporting agriculture, and fostering innovation. These measures are expected to drive consumption, enhance productivity, and position India for sustained economic growth in the coming years. #india #budget #news