With an allocation of $59 billion, India remains among the top five military spenders globally, but the spending structure is skewed towards personnel costs rather than modernisation.
Finance Minister Sitharaman announced significant tax relief for the middle class, exempting annual incomes up to Rs 12 lakh from income tax under the new regime, while also rejigging tax slabs.
The government has introduced a new slab system, where tax is completely exempt for incomes up to ₹12 lakh. For salaried individuals, this limit increases to ₹12.75 lakh after factoring in the ...
Adrian Newey has revealed a huge issue with the current cost cap regulations in Formula 1. The cost cap was introduced in F1 in 2021 to limit team spending and ...