Union Finance Minister Nirmala Sitharaman is expected to introduce a new Income Tax Bill in Parliament today that will replace the existing Income Tax Act of 1961. The purpose of this new bill is to simplify the language and provisions of the current tax law, making it easier to understand and more accessible for taxpayers. The bill is part of the government’s ongoing efforts to reform and modernize the Indian tax system. The new bill will streamline various processes, eliminate complex

Exam Commencement and Details: The CBSE Class 10 and Class 12 board exams for 2025 will begin on February 15. Around 42 lakh students are expected to appear for the exams across India and 26 countries abroad. A live webcast on February 14 will guide exam officials about the procedures, while also informing students about the exam requirements. Exam Schedule and Subject Information:

The social media platform X has agreed to pay 10 million dollars to former President Donald Trump as part of a settlement that brings an end to a legal dispute stemming from the suspension of his account. This resolution marks the conclusion of a contentious legal battle that had its roots in the events following the U.S. Capitol incident. In January 2021, two days after the events at the Capitol, X – formerly known as Twitter – made the decision to su

Prime Minister Narendra Modi arrived at Joint Base Andrews airbase in Maryland, United States, on Wednesday (local time) for a two-day visit at the invitation of President Donald Trump. This visit comes at a crucial time in international affairs, as both nations are looking to strengthen ties and address shared challenges on the global stage. The arrival at a key military and administrative facility underscores the significance of the trip, symbolizing not only a routine diplomatic vis

Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi responded to the criticism and social media trolls questioning the board’s ability to complete the renovation of Karachi and Lahore stadiums in time for the upcoming Champions Trophy, which kicks off on February 19. The PCB faced heavy criticism following delays and concerns about the completion of stadium upgrades after a venue shift for a Test match between Pakistan and Bangladesh and the extension of deadlines for the renovation work

SBI Clerk Prelims Admit Card 2025 Release: The State Bank of India (SBI) is set to release the SBI Clerk Prelims Admit Card 2025 anytime today. Candidates can access their admit cards via the official SBI website once available. The Prelims Exam is scheduled to be held on February 22, 27, and 28, 2025. The official notice from SBI indicates that the admit cards will be available by February 10, 2025.   Exam Pattern

Overview of AAI Recruitment 2025: The Airport Authority of India (AAI) is recruiting for 224 non-executive positions in the northern region. The application process started on February 4, 2025, and will conclude on March 5, 2025. Candidates can apply through the official AAI website. Application Fee:

Australia’s 2025 Champions Trophy campaign will face a major setback as captain Pat Cummins will miss the tournament due to an ongoing ankle injury. The injury occurred towards the end of the Border-Gavaskar Trophy series, which Australia won 3-1 in January 2025. Initially included in the preliminary squad, Cummins was ruled out after failing to recover in time. Alongside him, fast bowler Josh Hazlewood, dealing with a persistent hip issue, will also miss the tournament. Additionally, a

The Union Budget 2025 has introduced significant changes to the income tax regime, offering relief to middle-class taxpayers. Finance Minister Nirmala Sitharaman proposed raising the basic exemption limit to Rs 4 lakh and increased the income threshold for the rebate under Section 87A to Rs 12 lakh. This means individuals earning up to Rs 12 lakh, with a standard deduction of Rs 75,000, can avoid paying taxes altogether. But for those earning more than Rs 12.75 lakh, choosing between the old

February 2025 is set to deliver an exciting celestial event with five planets visible in the night sky. Following January's spectacle of six planets, February continues the trend, with Mercury, Venus, Mars, Jupiter, and Saturn all visible to the naked eye. This phenomenon, known as a "planet parade" or planetary alignment, is a rare and special event, as these alignments don’t happen every year. Observers can spot at least one planet each day, and in the hours around sunse

Recruitment Overview: PNB has started the recruitment process for the position of Internal Ombudsman. A total of 2 positions are available. The application deadline is February 22, 2025. The position is contractual, with a fixed term of three years. Selection Procedure: Selection will be based on a

BJP’s Projected Victory: The Bharatiya Janata Party (BJP) is expected to end its 27-year drought in Delhi and secure a victory in the 2025 assembly elections. Most exit polls predict the BJP winning between 39-60 seats out of the 70-member assembly, making it the largest party. AAP’s Decline: The Aam Aadmi Party (AAP), currently in po

In February 2025, US President Donald Trump’s announcement of a 30-day pause on tariffs against Mexico and Canada brought a brief sense of relief to global markets. The decision helped prevent a potential escalation of a full-blown trade war, with US equity futures and international markets responding positively. However, concerns linger about the long-term effects of tariffs on industries such as automotive, semiconductor, consumer goods, e-commerce, and green energy.  

Wealthiest Candidates in Delhi Elections 2025: Ahead of Delhi's elections tomorrow, an Association for Democratic Reforms (ADR) report has highlighted the wealthiest candidates in the race. Leading the list is Karnail Singh from BJP, contesting from Shakur Basti, who has declared a staggering asset value of Rs 259.67 crore, making him the richest among the 699 candidates in this year's Delhi elections. Close behind him is BJP's Manjinder Singh Sirsa, contes

UCO Bank is closing the registration window for the recruitment of Local Bank Officers (LBO) tomorrow. Eligible candidates who wish to apply for this position can visit the official website of UCO Bank (ucobank.com) to complete their application process. To apply, candidates must follow these steps: Go to the official UCO Bank website: ucobank.com Click on the “Click Here To Apply Online For Local Bank Officer (LBO) 2025-26” link on the homep

Prime Minister Narendra Modi is scheduled to embark on a two-day visit to the United States starting February 12, where he will engage in extensive talks with US President Donald Trump. The visit will take place shortly after Modi's two-day trip to Paris, marking the prime minister's first bilateral visit to the US since Trump's second term in office. The trip will provide an opportunity to strengthen ties between India and the US and discuss key issues, including trade, security,

The Union Budget 2025 introduced a significant revision to the income tax exemption limit, raising it to ₹12 lakh. This change has sparked expectations of increased consumer spending, particularly in sectors such as automobiles and fast-moving consumer goods. With more disposable income available to middle-class taxpayers, the automotive industry is poised to see shifts in demand, with varying effects across vehicle segments. Analysts believe that while this tax policy revision may drive ov

The Central Board of Secondary Education (CBSE) will begin the 2025 Class 10 and 12 board examinations on February 15. The exams will start at 10.30 am, and this year’s datesheet has been designed to help students manage both board and entrance exam schedules effectively. To reduce stress, CBSE has included sufficient gaps between exams for students taking common subjects, ensuring no overlap with Class 12 entrance exams. Preparation Tips for Students:

The US stock market saw a sharp decline on Monday following President Donald Trump’s announcement of new tariffs on Canada, Mexico, and China. The Dow Jones Industrial Average fell by over 450 points, marking a decline of more than 1%, while the S&P 500 dropped 1.5% and the Nasdaq lost 1.8%. These significant losses reflect growing concerns over escalating trade tensions and the potential negative impact on the global economy. The new tariffs, which impose a 25% duty on imports from

The third 'Amrit Snan' of the ongoing Maha Kumbh Mela 2025 in Prayagraj took place on February 3, coinciding with the auspicious occasion of Basant Panchami. By 8 am, over 6.22 million devotees had already taken part in the sacred bathing ritual at Triveni Sangam. The event, which started with Naga Sadhus performing the ritual, was marked by spiritual fervor and devotion, as pilgrims from across India gathered to partake in the holy dip.   Basant Panchami is sign