India has strongly rejected Pakistan's recent accusations of "sponsoring terrorism," following Islamabad's attempt to blame New Delhi for backing terror activities. The statement came in response to Pakistan's allegations linked to the recent Balochistan train attack, which claimed the lives of 21 passengers. However, Pakistan stopped short of directly linking India to the attack, instead shifting blame toward Afghanistan. In a firm response, Randhir Jaiswal, spokesperso

As Canada prepares to host the G7 foreign ministers summit, Foreign Minister Mélanie Joly is set to raise urgent concerns over the escalating trade war with the United States and perceived threats to Canadian sovereignty. Joly intends to warn her European and British counterparts that if the United States can impose aggressive tariffs on Canada, their closest ally, then no nation is truly safe from similar economic tactics. Despite the G7's official agenda focusing on Ukraine, the

US President Donald Trump has issued a stern warning to Russian President Vladimir Putin, threatening "devastating" sanctions if Moscow refuses to accept a ceasefire agreement in the ongoing Ukraine war. Speaking after a meeting with Ireland’s Prime Minister Micheal Martin at the White House, Trump revealed that US negotiators are en route to Russia for talks aimed at brokering a ceasefire. This development comes shortly after Ukraine's President Volodymyr Zelensky agreed

The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making

US Vice President JD Vance is set to visit India later this month, marking his second international trip since assuming office. Accompanying him on this visit will be Second Lady Usha Vance, who will visit her ancestral homeland for the first time in her official capacity. This visit follows JD Vance’s recent diplomatic trips to France and Germany, where he attended the Munich Security Conference and made headlines with his sharp critique of European governme

In a significant diplomatic development, US President Donald Trump has welcomed Ukraine's decision to agree to a 30-day ceasefire with Russia, urging Moscow to respond positively. Trump's statement came after Kyiv confirmed its readiness to halt hostilities following high-level negotiations in Saudi Arabia's Jeddah on Tuesday.   Ukraine Agrees to Ceasefire After Jeddah Talks The ceasefire development emerged after intensive discus

In a significant escalation of the ongoing Russia-Ukraine war, Moscow faced a massive overnight drone attack that left one person dead and three others injured. Russia's Defence Ministry reported that Ukrainian forces launched as many as 337 drones in what is believed to be the largest drone strike on Moscow since the conflict began. Of the total drones, 91 targeted Moscow and its surrounding areas, while 126 drones were intercepted over the Kursk region. The attack sparked fires across M

Ottawa: Following his decisive victory in the Liberal Party leadership race, Mark Carney is set to become the next Prime Minister of Canada. With 85.9% of votes in his favor, Carney’s leadership marks the beginning of a new chapter for Canadian politics. Carney’s rise to power brings with it a promise to mend India-Canada ties, which reached their lowest point during Justin Trudeau’s tenure. The 59-year-old former banker has expressed his intent to rebuild diplomatic relatio

Chief of Army Staff General Upendra Dwivedi recently engaged in a conversation with India Today News Director Rahul Kanwal and Managing Editor Gaurav Sawant, where he shed light on critical national security concerns, especially the growing collaboration between Pakistan and China. He emphasized that India needs to fully acknowledge the high degree of collusion between the two neighboring countries, particularly in the realms of military and cyber capabilities. General Dwivedi pointed out tha

Post Office Savings Schemes remain one of the most trusted investment options in India, offering secure returns backed by the government. Many of these schemes not only provide financial security but also offer tax benefits under Section 80C of the Income Tax Act, 1961. Investors can claim a tax deduction of up to ₹1.5 lakh per financial year when investing in these schemes, making them an attractive option for tax planning.However, these deductions are applicable only under the old tax reg

The Indian government has strongly condemned the security breach that took place during External Affairs Minister (EAM) S Jaishankar’s visit to the United Kingdom. A statement from the Ministry of External Affairs (MEA) on Thursday denounced the "provocative activities" carried out by a small group of "separatists and extremists" and called on the UK government to meet its diplomatic obligations.The breach occurred when a group of Khalistani extremists gathered outsi

U.S. President Donald Trump has issued a stark warning to Hamas, demanding the immediate release of hostages held in Gaza. In a post on his social media platform Truth Social, Trump called Hamas "sick and twisted" for keeping hostages and withholding the bodies of those killed. He emphasized that if Hamas fails to comply, there will be severe consequences, promising Israel full support to eliminate the group.This warning comes amid direct talks between the U.S. and Hamas regarding t

The Indian government has introduced the Income Tax Bill 2025, a major overhaul of the country’s tax laws, granting unprecedented investigative powers to tax authorities. While presented as a move to modernize tax compliance, the bill includes provisions that allow tax officers to access digital assets, emails, social media profiles, trading accounts, and cloud storage in cases of suspected tax evasion.Finance Minister Nirmala Sitharaman introduced the bill in Parliament, stating that i

China has announced a 7.2% increase in its defence budget for 2024, raising military spending to $249 billion as the country continues its aggressive modernization efforts amid escalating regional tensions. The budget, which was revealed in a draft report submitted to the National People's Congress (NPC) by Premier Li Qiang, underscores China’s strategic focus on military expansion in the Taiwan Strait, South China Sea, and its border with India. This increase follows China’s

The Indian Coast Guard Ship Sachet set sail for Sudan on Friday, carrying over two tons of life-saving medicines, including anti-cancer drugs, as part of India’s ongoing humanitarian efforts. The Ministry of External Affairs (MEA) confirmed the aid consignment, reinforcing India's commitment to providing relief in conflict-affected regions."Extending Humanitarian Assistance to the People of Sudan. An Indian Coast Guard Ship Sachet departed today for Sudan, carrying a consignmen

The latest round of tariff hikes by US President Donald Trump has triggered immediate countermeasures from Canada, China, and Mexico, escalating tensions in global trade. Beginning Tuesday, the US is imposing a 25% tariff on imports from Mexico and Canada while also raising tariffs on all Chinese imports from 10% to 20%. In response, these nations have announced their own economic retaliations, signaling a sharp rise in trade disputes.Canadian Prime Minister Justin Trudeau and Chinese officia

Billionaire investor Warren Buffett has strongly criticized US President Donald Trump's latest tariffs, calling them “an act of war” and warning about their economic impact. In an interview with CBS on Sunday, Buffett argued that tariffs function as a tax on consumers and ultimately drive up prices.“Tariffs are actually—we've had a lot of experience with them—they're an act of war, to some degree,” Buffett said. He added that consumers, not fore

Tensions between Israel and Hamas have escalated once again as Israeli Prime Minister Benjamin Netanyahu’s office announced a complete halt to aid and supplies into Gaza. This decision follows a deadlock in ceasefire negotiations, with Israel demanding a new hostage release deal and Hamas rejecting the revised proposal.The fragile six-week ceasefire, brokered with the help of Egypt and Qatar, now hangs in the balance as both sides refuse to compromise on key demands. While Israel insist

Ukrainian President Volodymyr Zelensky has expressed confidence that US-Ukraine relations can be repaired following an intense diplomatic confrontation with US President Donald Trump at the White House. Speaking from London after a European security summit, Zelensky emphasized the need for closed-door discussions and reaffirmed his stance that Ukraine would not concede any territory to Russia in exchange for peace.Zelensky’s remarks came just days after his tense meeting with Trump and

Choosing the right tax regime is an important decision for taxpayers in India. The old and new tax regimes offer different benefits, and individuals must carefully analyze their financial situation before selecting the most suitable option. While salaried employees have the flexibility to switch every year, business professionals have a more restricted choice.The decision between the two regimes depends on factors such as tax-saving investments, exemptions, and deductions. Understanding these