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The Indian Budget 2023-24: What It Means for Salaried Individuals

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The recent Indian Budget 2023-24 has many exciting announcements for the hard-working middle class, including those who are salaried individuals. In this article, we'll take a closer look at the key changes and benefits for salaried people and how they can potentially save on taxes. Tax Rebate: The Limit Has Been Increased The first major announcement is related to the tax rebate. Previously, individuals with an income of up to ₹5 lakhs were not required to pay any income tax in both the old and new tax regimes. However, the budget has increased this limit to ₹7 lakh for individuals in the new tax regime, which means that individuals with an income up to ₹7 lakh will not have to pay any income tax. Reduced Tax Slabs and Increased Tax Exemption Limit In 2020, the government introduced a new personal income tax regime with six income slabs starting from ₹2.5 lakh. This year's budget has reduced the number of slabs to five and increased the tax exemption limit to ₹3 lakh. This mea...
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Singapore PM recovering after cancer surgery

SINGAPORE Prime Minister Lee Hsien Loong, who underwent a successful surgery for prostate cancer two weeks ago, is recovering well, emeritus senior minister GohChokTong said. “I’ve spoken to Prime Minister Lee, he’s recovering very well”, said Goh, who also had his prostate gland removed some years ago “He tends to do so many things at this stage. But thankfully some people advised him to take some rest, beyond that his prostate surgery is successful and the pathological test shows that he’s okay, hr will be all right. But again that reflects life’s uncertainty,” a local news channel, Channel News Asia, quoted Goh as saying.
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Australia: 5 titles in 7 WC finals

After 11 World Cups, five triumphant and two defeated finals, Australia boast an unprecedented five titles. We look back at where they got it wrong in 1975 and 1996 – and right in 1987, 1999, 2003, 2007 and 2015… 1.  Captain and key all-rounder Clive Lloyd was too hot to handle for Ian Chappell’s men in  June 1975’s inaugural final  at Lord’s. Lloyd orchestrated a fine century against an opposition attack spearheaded by pace ace Dennis Lillee and Gary Gilmour, whose five-wicket haul went in vain. Seamer Lloyd’s four-for, a string of unfulfilled starts from the Australian batsmen – and as many as five run-outs – brought the Windies triumph. 2. November 1987 witnessed Australia’s maiden World Cup title , against England, at Eden Gardens in Calcutta. Opener David Boon and the little known Mike Veletta ensured a reasonably formidable total, after which two wickets apiece for seamer Steve Waugh and captain and spinn...
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