The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime as compared to the about 75 per cent as of now, CBDT Chairman Ravi Agrawal said. Agrawal also highlighted the government's focus on "non-intrusive" tax administration through enhanced use of Artificial Intelligence (AI) and simplified tax processes for common taxpayers. He emphasized the benefits of the new tax regime (NTR), which offers simple calculations and allows taxpayers to file their ITR without professional help. The CBDT chief stated that the Budget provisions related to income tax payment benefit all income earners, not just those earning Rs 12 lakh per annum, creating a positive sentiment in the economy and propelling growth. The department is also harnessing technology, including AI and data analytics, to widen and deepen the tax base, resulting in increased compliance and tax revenue. Agrawal further highlighted the positive impact of data availability and simplified tax processes on compliance rates, citing examples of taxpayers filing revised returns and paying taxes after being prompted by the department's data analysis.
Magnus Carlsen on Monday criticised senior FIDE officials, including its deputy president Viswanathan Anand, for mishandling the dress code violation issue
As soon as Shiv announced Nimrit as the captain, Tina lost her cool and started fighting with both of them.
As showstopper for NIF Global's The Runway collection at the on-going Lakme x FDCI Fashion Week, Fatima Sana Shaikh rocked a stunning cream satin maxi dress.
Will he be the latest contestant to leave the show?
Karan Johar shoots... Aparshakti leaves town... Sonu Sood thrills a fan...
'He treated stars and assistants with the same unfailing courtesy.'
With her new auburn hairdo and svelte physique, Samantha Ruth Prabhu is in top form.
'My primary reason to participate was -- and I told my wives as well -- that the three of us would live happily together on the show and create history. We would make sure that people remember us for the longest time.'
Ten weeks into the show Tina's circle has reduced to just one friend, Shalin Bhanot, and it's pretty evident that she's just using him for the game.
Ruud van Nistelrooy said he was sad to see Erik ten Hag fired by Manchester United on Monday, but the club's former striker is honoured to step in as interim manager for as long as required.
When you create a culture where people find purpose in what they do, they will go above and beyond for you, even in difficult personal circumstances, says Radhika Gupta, MD and CEO, Edelweiss MF
Salman Khan returned to his hosting duties on Bigg Boss 18 just days after his close friend and NCP leader Baba Siddique was killed.
'My weakness is my family, and the people I love.' 'I don't think I will receive any kind of backlash from the audience because I am not someone who drags someone's family into fights and arguments.'
Bhumi shares her Royal look....Vaani looks like a boss lady... Taapsee makes a friend...
'There is simply too much to watch, read and absorb.' 'Just online consumption (news, entertainment, social media) in India was 2.5 hours a day in November 2024.' 'Add TV (just under 4 hours), other media, and the figure is closer to 7 to 8 hours a day for over one-third of Indians,' points out Vanita Kohli Khandekar.
Jay Shah expressed his vision to grow the global reach of the sport with a particular focus on the opportunity of the Olympic Games in Los Angeles in 2028.
It's Pratik. It's drama. Why are we not surprised as the Bigg Boss house erupts yet again?
Namrata Thakker picks those who are and gives you the highlights of the show.
While Nimrat Kaur Ahluwalia retains her captaincy, Gori Nagori wins the entertainment task.
Lewis Hamilton raced one last time for Mercedes on Sunday, Formula One's most successful driver and team partnership ending in a cloud of tyre smoke
'Even actresses who are mothers play leading roles. There's also been a dramatic shift in the kinds of roles available to women. It's no longer limited to being the heroine, the heroine's mother, aunty or vamp.'
While the final list isn't out yet, Namrata Thakker brings you some names that have reportedly been doing the rounds and may perhaps enter the BB house.
In a fit of rage, the singer picks up a knife to prove her point.
Andhra Pradesh's IT and Electronics Minister Nara Lokesh has pitched port city of Vizag in his state for setting up a data centre to Google Cloud CEO, saying the new government in the state has taken various initiatives for supporting industry that will help it transform into a cloud infrastructure hub. The state is focused on setting up data centres in Visakhapatnam and the minister invited Google Cloud to establish its data centre in the port city.
Namrata Thakker looks at how Ms Javed pulls off some of the most bizarre outfits with so much confidence.
Sunny is in love... Mouni acts coy...Preity's world goes round...
'The critical event signalling a new era for India was Dr Singh's 1991 Budget in which he quoted Victor Hugo to say that no power on earth could stop an idea whose time has come,' recalls T N Ninan.
Is it for real or is Miesha just doing it for the game as Umar suspects?
Shamita calls Nishant a 'snake' during their ugly brawl, and then gets into a physical fight with Moose Jattana.
'I am an emotional person and hope to be stronger when I go inside because I have been told dil pe nahin lena.'
Former Sri Lankan Test cricketer Dulip Samaraweera, who was working as Victoria's women's team coach, has been banned for 20 years by the country's board after being found guilty of breaching its code of conduct with "utterly reprehensible" behaviour during his stint with the side.
Bigg Boss OTT is down to its five finalists: Shamita Shetty, Divya Agarwal, Pratik Sehajpal, Nishant Bhat and Raqesh Bapat.
IMAGES from the Premier League matches played on Tuesday.
See how Mannara Chopra and Jason Shah bring summer temperatures back to Mumbai at the BT FW.
Though Zanjeer is credited as Amitabh's breakthrough film, it didn't immediately enthrone him. Rajesh Khanna countered with a huge hit in Daag that year. But Deewar upended audience's cinematic taste and filmland hierarchies at the very start of 1975. Bachchan emerged as a one man industry, the angry young man who could regulate the thermostat of the entire film industry, recalls Dinesh Raheja.
'The easiest thing to do is character assassinate a woman.'
Akshara uses derogatory language for Neha and pays the price.
Sajid Khan has never been grilled for his behaviour and it's becoming more and move evident that the makers are favouring him on the show.