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Income tax changes introduced by the BJP govt in the past 5 budgets

Income tax changes introduced by the BJP govt in the past 5 budgets

Finance
Expectations are high from the interim Budget that will be presented on February 1 by the acting finance minister, Piyush Goyal. Although there is a lot of buzz before any budget is presented, this time there is more hope especially from the salaried middle class. This is because this is the last budget before the general elections later on this year, and people are hoping that the Narendra Modi government will dole out taxpayer-friendly measures. And since tomorrow will be the last budget that will be presented by the current government, it is seems like a good time to take a look at the various personal tax changes introduced by the BJP-led government in the last five Budgets. Budget 2014-15 Budget 2014 made a lot of taxpayers happy. It hiked the basic tax exemption limit from Rs 2 l...
Trump changes tone with Saudi Arabia over killing

Trump changes tone with Saudi Arabia over killing

World
Donald Trump has said he is "not satisfied" with Saudi Arabia's response to the death of Jamal Khashoggi. The US president initially described the explanation that the journalist was killed after a fist fight as "credible", but his latest comments were more cautious.Asked if he was satisfied that Saudi officials had been fired over Mr Khashoggi's death, he said: "No, I am not satisfied until we find the answer."But it was a big first step, it was a good first step. But I want to get to the answer." 1:43 ...
Deal changes outlook for BBC weather forecaster

Deal changes outlook for BBC weather forecaster

Business
A Swiss-owned business information provider will emerge this week as the mystery buyer of MeteoGroup, the weather forecasting giant which supplies data to the BBC and British Airways. Sky News has learnt that TBG, which is based in Zurich, will fund the purchase of MeteoGroup through DTN, a company it acquired last year from the industrial powerhouse Schneider Electric.The takeover will follow a troubled period for MeteoGroup under the ownership of ‎General Atlantic, which initially invested in it in 2013.Sources close to the deal, which is expected to be announced in the next couple of days, said it would enable TBG to expand its presence in the growing market for weather information services and technology.MeteoGroup, which employs more than 100 meteorologists, has ...
SpaceX changes plans to send tourists around the moon

SpaceX changes plans to send tourists around the moon

Technology
SpaceX said it has signed the first private moon traveler, with some changes to its original game plan. The big reveal on who it is — and when the flight to the moon will be — will be announced Monday at the company's headquarters in Hawthorne, California. It's not the same mission SpaceX founder Elon Musk outlined last year. The original plan called for two paying passengers to fly around the moon this year, using a Falcon Heavy rocket and a Dragon crew capsule. At the time, Musk said the pair approached SpaceX about sending them on a weeklong flight and paid a "significant" deposit for the trip. The new strategy is to still fly around the moon, but using an even bigger SpaceX rocket still in development that has its own dedicated passenger ship. And now, it appears there wi...
House GOP expected to push changes to your 401(k) this fall

House GOP expected to push changes to your 401(k) this fall

Finance
Workplace retirement plans could be headed for a makeover in Congress. As part of a push for additional tax law changes, GOP lawmakers in the House are expected this month to float legislation that includes modifications to 401(k) savings plans. Broadly, those could include: reducing costs for small businesses to offer such accounts, making it less risky for employers to offer guaranteed income annuities and requiring plans to annually tell workers how long their nest egg is projected to last. "There's a lot of concern about folks...