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Page 7 - Explained

Delhi Assembly elections 2025: What happens in case of hung assembly?

2025 Delhi Assembly elections: Exit polls see a decisive victory for BJP, but AAP has always defied expectations

Delhi Assembly elections 2025: What happens in case of hung assembly?
Updated On : 08 Feb 2025 | 7:47 AM IST

New income-tax law explained: No new taxes, simplified for common man

The new Income Tax Bill, which will replace the six-decade old Income Tax Act of 1961, will make direct tax laws simple to understand, remove ambiguities and reduce litigations. The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for further scrutiny, Finance Minister Nirmala Sitharaman has said. Finance Secretary Tuhin Kanta Pandey has already indicated that the new Bill will not have provisos and explanations or long sentences. It will be tax neutral. Following is an explainer of what the government intends to do and what can the new law hold for taxpayers: Q. Why is a review of the I-T Act needed? A. Income tax law was enacted about 60 years ago in 1961 and since then a lot of changes have taken place in the society, in the way people earn money and companies do business. The 1961 Act was framed at a time when Indian republic was young and faced challenges peculiar to those times. Over the time, as the countr

New income-tax law explained: No new taxes, simplified for common man
Updated On : 07 Feb 2025 | 3:52 PM IST

Indians entering US via 'Dunki' deported: What is this illegal route?

Trump administration has intensified crackdown on illegal immigration, particularly through the high-risk 'donkey route' that many Indians continue to take in pursuit of the 'American dream'

Indians entering US via 'Dunki' deported: What is this illegal route?
Updated On : 06 Feb 2025 | 11:16 AM IST

What's OmniHuman-1, AI that transforms a single image into lifelike video?

This AI framework is designed to generate lifelike human motion and speech from minimal input-just an image and an audio sample-solving a key challenge in AI-driven video creation

What's OmniHuman-1, AI that transforms a single image into lifelike video?
Updated On : 05 Feb 2025 | 3:05 PM IST

JNU prof suspended in bribery scandal: What's the NAAC accreditation case?

JNU professor Rajeev Sijariya has been suspended following his arrest in a bribery case linked to NAAC. The CBI has arrested 10 people for allegedly taking bribes to grant a higher rating

JNU prof suspended in bribery scandal: What's the NAAC accreditation case?
Updated On : 04 Feb 2025 | 12:42 PM IST

Trump bans China's 'de minimis' route: What it is and why it matters

Trump's new tariffs suspend China's de minimis exemption, blocking duty-free shipments under $800 - a move aimed at curbing fentanyl inflows and impacting Chinese e-commerce firms

Trump bans China's 'de minimis' route: What it is and why it matters
Updated On : 03 Feb 2025 | 9:59 AM IST

Budget 2025: Who is Telugu poet Gurajada Apparao quoted by Sitharaman

Nirmala Sitharaman used Telugu poet and playwright Gurajada Apparao's famous words to emphasise the government's vision for Viksit Bharat

Budget 2025: Who is Telugu poet Gurajada Apparao quoted by Sitharaman
Updated On : 01 Feb 2025 | 6:24 PM IST

Economic Survey 2025: What it is and when will it be tabled in Parliament?

The presentation of the Economic Survey marks the beginning of the Budget session in Parliament, which runs from January 31 to April 4, 2025

Economic Survey 2025: What it is and when will it be tabled in Parliament?
Updated On : 31 Jan 2025 | 6:38 AM IST

Chaos erupts as M23 rebels seize Goma: What's happening in DR Congo

M23 plans to govern the city of Goma - a key gateway to rich mining areas that produce valuable resources like gold, tin, and coltan - giving the armed group access to trade routes and economic power

Chaos erupts as M23 rebels seize Goma: What's happening in DR Congo
Updated On : 30 Jan 2025 | 10:49 AM IST

PM Modi compares Arvind Kejriwal to serial killer: Who is Charles Sobhraj?

Dubbed "The Serpent" and "Bikini Killer," Charles Sobhraj's crimes have inspired multiple adaptations, including Netflix's latest drama Black Warrant

PM Modi compares Arvind Kejriwal to serial killer: Who is Charles Sobhraj?
Updated On : 29 Jan 2025 | 4:20 PM IST

What is DeepSeek: China's open-source AI research lab which rivals OpenAI

DeepSeek launched its MIT-licenced open-source AI model, DeepSeek-R1 which competes with OpenAI in critical areas such as mathematical reasoning, code generation, and cost efficiency

What is DeepSeek: China's open-source AI research lab which rivals OpenAI
Updated On : 27 Jan 2025 | 12:06 PM IST

Union Budget 2025: Understanding Revenue Budget and Capital Budget

Finance Minister Nirmala Sitharaman will present the Union Budget 2025 in the Lok Sabha on February 1

Union Budget 2025: Understanding Revenue Budget and Capital Budget
Updated On : 22 Jan 2025 | 5:19 PM IST

Budget 2025: Food, fertiliser, direct, indirect, interest subsidies decoded

All you need to know about government subsidies and what to expect in the upcoming Union Budget 2025, scheduled to be tabled on February 1 by Finance Minister Nirmala Sitharaman

Budget 2025: Food, fertiliser, direct, indirect, interest subsidies decoded
Updated On : 21 Jan 2025 | 1:44 PM IST

Trump 2.0: What are executive orders and why do US presidents love them

President Donald Trump begins his second term with the signing of hundreds of executive orders, many aimed at reversing his predecessor Joe Biden's policies. Full list here

Trump 2.0: What are executive orders and why do US presidents love them
Updated On : 21 Jan 2025 | 11:31 AM IST

UN's NZBA in trouble: Why big banks are pulling out of climate accords

After major US and Canadian banks, now European banks threaten to exit climate alliance amid concerns over net zero policies

UN's NZBA in trouble: Why big banks are pulling out of climate accords
Updated On : 20 Jan 2025 | 4:02 PM IST

Govt approves 8th Pay Commission ahead of Budget 2025: What we know so far

The current pay commission, which helps determine govt employee's salaries, allowances, and pensions, is set to end in 2026

Govt approves 8th Pay Commission ahead of Budget 2025: What we know so far
Updated On : 17 Jan 2025 | 11:05 AM IST

Income Tax can seize properties even if real owner is untraceable: Court

The ruling clarifies that properties can be attached even if the person who financed the purchase cannot be identified, sending a strong message against fraudulent property transactions in India.

Income Tax can seize properties even if real owner is untraceable: Court
Updated On : 15 Jan 2025 | 9:24 AM IST

Interpol introduces Silver Notice: A new alert to track laundered assets

India is a participant in the pilot run of the Silver Notice which is expected to run till November 2025

Interpol introduces Silver Notice: A new alert to track laundered assets
Updated On : 10 Jan 2025 | 4:59 PM IST

Firefighters' nightmare: How Palisades fire became the worst in LA history

Extreme weather, water shortages, and firefighting constraints turned the Palisades fire into one of the most devastating wildfires in Los Angeles County's history

Firefighters' nightmare: How Palisades fire became the worst in LA history
Updated On : 10 Jan 2025 | 2:15 PM IST

Why Elon Musk wants America to free UK citizens from 'tyrannical govt'

In a series of posts, Elon Musk criticised UK's Labour govt and PM Keir Stamer for not properly handling issues of child grooming, allowing the exploitation of vulnerable girls to go unchecked

Why Elon Musk wants America to free UK citizens from 'tyrannical govt'
Updated On : 06 Jan 2025 | 5:23 PM IST