Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income – here’s why

Budget 2025: Shetty advocates for a 30% flat deduction on gross income with a ₹15 lakh ceiling on deductions. Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman should look to increase the income tax threshold for the 30% tax bracket in her Union Budget 2025, says Adhil Shetty, CEO of BankBazaar.According to BankBazaar, three…

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5 big PF changes in 2025: EPFO members take note – from easy PF transfer to EPF member profile updation

We take a look at 5 major EPF changes in 2025 that members should know: EPF members take note! The EPFO (Employees’ Provident Fund Organization) has rolled out significant service modifications, including a streamlined joint declaration procedure, the launch of CPPS (Centralized Pension Payment System), pension policy clarifications for higher wages, online profile modification capabilities,…

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TCS, Infosys & other top IT firms boost fresher hiring targets – details here

The Indian IT sector, valued at $254 billion, experienced a significant reduction of over 70,000 employees in FY24. (AI image) India’s top IT services firms like TCS and Infosys have set higher fresher recruitment goals for fiscal 2026, encouraged by indicators of renewed technology investment. The six largest IT organisations in the country collectively aim…

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Catch, Australian online retailer owned by Wesfarmers, to shut down; 190 jobs to be axed

Catch expects an operational deficit reaching $40million in the initial half of 2024-25. Australian e-commerce platform Catch is looking to shut down, resulting in approximately 200 job losses due to heightened rivalry from Amazon and Temu.Wesfarmers, which acquired the online retailer for $230million in 2019, issued a closure announcement on Tuesday.According to a Daily Mail…

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