Nirmala Sitharaman, delivers a wide-ranging economic reset focused on income tax restructuring, investment growth and sectoral reforms. The new framework expands tax slabs under the new regime, offering targeted relief for middle-class and upper-middle-income earners while maintaining continuity in both old and new tax structures. The 30% tax bracket now applies only to income above ₹24 lakh, shifting significantly from the earlier ₹15 lakh threshold and delivering major relief to earners in the ₹15–₹24 lakh segment. Price relief is expected across essentials, healthcare imports, personal-use imported goods, energy inputs, education-linked sectors, and manufacturing components due to customs exemptions and duty relaxations. WATCH
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Tech billionaire Elon Musk made a rare appearance at the World Economic Forum in Davos, laying out bold plans for Tesla, artificial intelligence, robotics, and space exploration. Despite previously criticising Davos as elitist, Musk used the global stage to predict a future where humanoid robots could outnumber humans and drive an unprecedented economic boom.
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