Home Blog Page 4

Apple iOS 18.3 Stable Update: Download Now Available in India

0

Apple has officially released the iOS 18.3 stable update for iPhones. The update brings several new features, bug fixes, and security enhancements. While the update is widely available, certain features, such as Apple Intelligence, remain inaccessible in India.

Key Features of iOS 18.3

The highlight of the update is Visual Intelligence, available exclusively on the iPhone 16 series and iPhone 15 Pro models. This feature introduces a quick photo viewfinder, allowing users to gather environmental details directly from the Camera Control button. Additionally, users can identify plants and animals in real-time by pointing their camera at the subject.

Another improvement includes enhanced notification summaries, though this feature has been temporarily disabled for news and entertainment apps. The Calculator app bug, which prevented repeated calculations using the equals button, has also been resolved.

Regional Limitations in India

Apple Intelligence, the company’s AI-driven suite, is currently unavailable for Indian users. To access it, users must change their default language to US or Canadian English. Apple is expected to roll out support for Indian English in future updates.

Despite these limitations, Indian users can still enjoy improvements like enhanced security features and bug fixes. The update addresses 20 security vulnerabilities, ensuring better protection against unauthorized access to sensitive audio and visual data.

iOs 18.3

Security Enhancements and Bug Fixes in iOS 18.3

Apple continues to prioritize user security with iOS 18.3. The update resolves issues that could lead to unauthorized access to iPhone audio and visual data. Other fixes include a disappearing keyboard bug during Siri requests and improved functionality in the Calculator app.

These enhancements reflect Apple’s commitment to maintaining user privacy while delivering a seamless experience across devices.

How to Download iOS 18.3

Updating your iPhone to iOS 18.3 is simple. Follow these steps:

  1. Open the Settings app on your iPhone.
  2. Scroll down to General and select Software Update.
  3. If your device is compatible, the iOS 18.3 update will appear.
  4. Tap Download and Install, enter your passcode, and agree to the terms and conditions.

Ensure your device has sufficient storage and battery charge before starting the update.

Compatible Devices

The iOS 18.3 update supports a wide range of devices, including:

  • iPhone XR
  • iPhone SE (2nd generation)
  • iPhone 11 series and later models

This ensures that even older devices can benefit from the latest features and improvements.

Visual Intelligence: A Game-Changing Feature

The Visual Intelligence feature is a standout addition in iOS 18.3. It simplifies tasks like Auto Exposure and Auto Focus Lock, enhancing the iPhone’s camera functionality. This feature is particularly useful for nature enthusiasts, as it can identify plants and animals with ease.

However, it is currently limited to the iPhone 16 series and iPhone 15 Pro models. This exclusivity underscores Apple’s focus on leveraging advanced hardware capabilities.

Limitations of Apple Intelligence in India

Apple Intelligence remains inaccessible in Indian English, leaving users unable to fully experience its AI-driven features. By switching their device language to US or Canadian English, users can bypass this limitation temporarily.

Apple is expected to introduce native support for Indian English in future updates, reflecting its commitment to catering to a global audience.

Apple

Conclusion

The iOS 18.3 stable update offers a mix of innovative features and crucial security fixes. While some features are limited to specific devices or regions, the update ensures a better user experience for iPhone users worldwide.

Indian users can still enjoy significant enhancements despite regional limitations. With Apple’s consistent focus on innovation and user security, iOS 18.3 sets the stage for even more exciting updates in the future.

Stay tuned for further updates as Apple continues to enhance its operating system for users across the globe.

Streamline your technology, media, and telecom compliance with VakilSearch. Expert legal solutions tailored for TMT businesses. Get started today!

PM Kisan Yojana 19th Installment: ₹2000 to Be Credited on 24 February 2025

PM Kisan Yojana is a flagship initiative of the Indian government, is set to deliver its 19th installment, providing much-needed financial support to farmers across the nation. This scheme, aims to uplift small and marginal farmers, offers ₹6,000 annually to eligible beneficiaries in three equal installments of ₹2,000 each.

PM Kisan Yojana Payment Date

PM Kisan 19th Yojna installment  is scheduled to be disbursed on 24 February 2025. Prime Minister Narendra Modi will release the funds during his visit to Bihar, marking a significant milestone in the continuous efforts to support the agricultural community.

PM Kisan Yojana payment date,

PM Kisan Yojana Eligibility 2025

Farmers holding cultivable land are eligible for the PM-KISAN scheme. As per the scheme:  A landholder farmer’s family is defined as “a family consisting of husband, wife and minor children who owns cultivable land as per land records of the concerned State/UT”. The existing land-ownership system will be used for identification of beneficiaries for calculation of benefit. 

Non-Eligible Individuals (Not Covered under High Income Farmers)

  • Institutional Holders of Land Anyone holding land for institutional purposes is ineligible.

Farmer Families covered in Following categories:

  • Former/Current Constitutional Positions Holder
  • Former/Current Ministers (includes Ministers of State, members of Lok Sabha/Rajya Sabha, State Legislatures, State Legislative Councils, Mayors of Municipal Corporations, Chairpersons of Zila Panchayats) 
  • Serving or Retired Officers and Employees of Central/State Governments, their field units, Central/State PSUs, and attached offices/autonomous institutions. This also includes regular employees of local bodies (except Multi-tasking/Class IV/Group D employees) 
  • Professionals – Registered doctors, engineers, chartered accountants, and lawyers are not eligible 
  • Taxpayers – Farmers who paid income tax in the previous assessment year are not eligible 
  • Superannuated/Retired Pensioners – Others receiving a monthly pension of more than ₹10,000 (not including multi-tasking/Class IV/Group D people from the previous categories).

How to Check PM Kisan Status

Eligible farmers are encouraged to check their payment status and resolve any discrepancies in their records to ensure they receive their rightful benefits. Here is a detailed outline of the same: 

  • Access the Website: Go to pmkisan.gov.in 
  • Go to Farmer’s Corner: Locate the ‘Farmer’s Corner’ section on the homepage 
  • Select ‘Know Your Status’: Click on the ‘Know Your Status’ option 
  • Enter Details: Input your Aadhaar number or registration number 
  • Verify with OTP: Enter the OTP sent to your registered mobile number 
  • View Status: Your PM Kisan beneficiary status will appear on the screen.

The PM Kisan Samman Nidhi Yojana is unique in its direct benefit transfer (DBT) approach, which eliminates intermediaries and ensures that the financial aid reaches the intended beneficiaries. This system has instilled confidence among farmers, who now receive timely assistance without bureaucratic hurdles.  

PM Kisan Yojana February installment,

PM Kisan 2025 Update

With the announcement of the 19th installment, over nine crore farmers across India stand to gain direct monetary assistance. The Union Agriculture Minister, Shivraj Singh Chauhan, confirmed that the installment amount of ₹2,000 will be credited directly to farmers’ bank accounts starting 24 February 2025, ensuring transparency and efficiency in the process.

PM Kisan Yojna 19th installment reaffirms the government’s commitment to empowering farmers with timely financial aid. By ensuring eligibility through updated Aadhaar and bank details, farmers can benefit seamlessly. This initiative continues to support agricultural growth, strengthen rural livelihoods, and pave the way for a self-reliant India. If you want to have legal clarity over the topic talk to a lawyer from Vakilsearch

Maharashtra Considers Gradual Ban on Petrol and Diesel Vehicles

Maharashtra petrol diesel vehicle ban: Maharashtra forms expert committee to assess feasibility of phasing out petrol and diesel vehicles in Mumbai.

Maharashtra petrol diesel vehicle ban plans a gradual phase-out in Mumbai Metropolitan Region to boost air quality. To combat rising air pollution in MMR, the Maharashtra government has formed a seven-member expert committee to assess the viability of replacing petrol and diesel vehicles with CNG and electric options.

Committee Composition and Mandate

The committee, which will present its recommendations within three months, is led by retired IAS officer Sudhir Kumar Shrivastava. It includes key figures such as the State Transport Commissioner, Mumbai’s Joint Police Commissioner (traffic), the Managing Director of Mahanagar Gas Limited, a representative from Mahavitaran, the President of the Society of Indian Automobile Manufacturers (SIAM), and a Joint Transport Commissioner, who will serve as the member secretary. The committee, formed through a government resolution on January 22, may invite additional experts to enhance its assessment.

Maharashtra electric vehicle policy

Court’s Directive and Urgency for Action

Following strong criticism from the Bombay High Court on 9 January, the Maharashtra government has responded by forming a seven-member expert committee to explore the feasibility of phasing out petrol and diesel vehicles in favor of CNG and electric alternatives. The court had expressed concerns that existing anti-pollution measures were inadequate and called for a thorough study to transition towards cleaner transport systems, emphasising the role of vehicular emissions in Mumbai’s hazardous air quality. The court’s directive highlighted the urgency of taking action to safeguard public health and environmental sustainability.

Challenges in the Mumbai Metropolitan Region

In compliance with the court’s instructions, the Maharashtra government established the committee and granted it the flexibility to include additional experts for further insights. The committee is tasked with assessing the viability of such a transition within the Mumbai Metropolitan Region (MMR), which includes Mumbai and the surrounding districts of Thane, Raigad, and Palghar. The region’s rapidly growing vehicle population, which exceeds 48 lakh vehicles across four Mumbai RTOs, has further compounded the challenge.

Maharashtra petrol diesel vehicle ban

 

Historical Context and Future Implications

This initiative is not the first attempt by the state to tackle vehicular pollution. Over 20 years ago, the V.M. Lal Committee was formed to identify pollution sources and recommend solutions. However, with the mounting environmental concerns, the findings of this new panel will play a crucial role in guiding Maharashtra’s shift towards sustainable urban mobility.

As Maharashtra explores phasing out petrol and diesel vehicles, businesses and individuals may need legal guidance on compliance with new environmental policies. For expert legal assistance on navigating these changes, reach out to Vakilsearch. Our experienced lawyers are equipped to provide tailored legal support for businesses and individuals navigating complex issues.

Aprilia Tuono 457 Launch in India: Specs, Features & Price

The highly anticipated Aprilia Tuono 457 launch is scheduled for 17 or 18 February 2025. It has been spied testing in India ahead of its scheduled launch. Following its global debut at EICMA 2024, the motorcycle is set to enter the sub-500cc naked streetfighter segment, bringing a fresh alternative to enthusiasts seeking a twin-cylinder performance bike.

Aprilia Tuono 457 Design

The Aprilia Tuono 457 design, based on the RS 457, adopts a unique styling language that sets it apart from its faired sibling. Unlike other Tuono models, which often share extensive styling elements with their RS counterparts, the Tuono 457 features:

  • A bikini fairing instead of a full fairing.
  • A vertically stacked LED headlamp with boomerang-shaped LED DRLs.
  • Large tank extensions to enhance its aggressive and muscular stance.
  • A single-piece handlebar, offering a more upright and street-friendly riding posture.

Aprilia will offer the Tuono 457 in two distinct colour schemes—Piranha Red and Puma Grey—adding to its visual appeal.

Aprilia Tuono 457

Powertrain and Performance

The Tuono 457 is powered by a 457cc parallel-twin engine, delivering 46.9 bhp at 9,400 rpm and 43.5 Nm of peak torque at 6,700 rpm. This Aprilia Tuono 457 engine details reveal that the powertrain is paired with a six-speed gearbox featuring an assist and slipper clutch for smoother downshifts and improved rideability. Additionally, riders will have the option of an optional quick-shifter, further enhancing its sporty character.

Having already impressed with its performance in the RS 457, the engine is expected to offer refined power delivery, strong mid-range torque, and excellent tractability, making the Tuono 457 a compelling option in its segment.

Technology and Safety Features

The Aprilia Tuono 457 features various modern technologies and balances performance and convenience. Key highlights include:

  • 5-inch TFT display with Bluetooth connectivity, offering call, SMS alerts, and turn-by-turn navigation.
  • Multiple riding modes—Eco, Sport, and Rain—tailoring the bike’s response to different conditions.
  • Switchable traction control for enhanced safety.
  • Dual-channel ABS to provide optimal braking performance.
  • USD front forks with preload adjustability and a mono-shock rear suspension, ensuring superior ride comfort and handling.

Aprilia Tuono 457

Market Positioning and Expected Price

The Aprilia Tuono 457 price in India is expected to be under ₹4 lakh (ex-showroom), positioning it as a strong competitor in the sub-500cc segment. It will go up against models like the KTM 390 Duke, Yamaha MT-03, and TVS Apache RTR 310. Unlike its single-cylinder rivals, the Tuono 457 stands out with its twin-cylinder engine, promising a more refined and engaging riding experience.

Given the steep pricing of the Yamaha MT-03 in India, the Tuono 457 could offer better value for riders looking for a premium yet performance-oriented naked streetfighter.

Upcoming Events and Launch Timeline

Aprilia has scheduled a media ride event on February 18, 2025, allowing journalists and experts to experience the Tuono 457 firsthand. This will provide potential buyers with early insights into the bike’s real-world performance before it officially hits the market.

With its eye-catching design, advanced technology, and competitive pricing, the Aprilia Tuono 457 specifications make it a significant player in India’s performance bike segment. Enthusiasts can expect a thrilling combination of Italian engineering, premium appeal, and everyday usability when the Aprilia Tuono 457 launch finally happens in February 2025.

To protect your industrial designs and patents, contact Vakilsearch.

Sridhar Vembu Resigns: Steps Down as CEO of Zoho Corp & Becomes ‘Chief Scientist

Sridhar Vembu Resigns as the CEO of the software firm. He wrote on X that he would focus on research and development as the ‘Chief Scientist’ of the company. He announced his new role as the Chief Scientist of Zoho Corporation, a position where he would be primarily responsible for leading deep R&D initiatives.

This transition was also in line with his personal mission of rural development and sustainable growth. Vembu stated his decision to step down was driven by the rapidly evolving field of artificial intelligence (AI) and the need for Zoho to focus on long-term innovations that would help the company navigate future technological challenges.

Sridhar Vembu resignation

Sridhar Vembu Resigns: So Who is The New CEO of Zoho

Shailesh Kumar Davey is the new CEO of ZOHO. Shailesh Kumar Davey has played a crucial role in Zoho’s engineering processes and has a solid background in network projects from his time at Tata-IBM, Prior to being appointed as Zoho’s new CEO, Davey served as the vice president of engineering at ManageEngine, the IT management division of Zoho Corporation.  

Who is Shailesh Kumar Davey?

Shailesh Kumar Davey, was a co-founder of Zoho Corp alongside Sridhar Vembu, earned his Bachelor of Technology (B.Tech) degree in metallurgy from the Indian Institute of Technology (IIT) in 1992. Metallurgy is the field focused on the science and technology of metals, including their production and purification.

New CEO of ZOHO

According to his LinkedIn profile, Davey also holds a Master of Technology (MTech) in Industrial Management from IIT Madras. He also runs an in-house university called Zoho University, which upskills students fresh out of school. His firm absorbs many of these students.

Zoho Corporation Growth Under Sridhar Vembu 

Under Vembu’s leadership, Zoho Corporation emerged as one of the most successful privately owned companies in India, with a valuation of $5.93 billion as of December 2022. The company’s growth was fueled by a robust product portfolio, which includes cloud-based business solutions for CRM, finance, HR, marketing, and collaboration. These tools have made Zoho a staple for small and medium-sized enterprises (SMEs) globally.

Leadership Transition at Zoho

In 2023, Vembu announced a leadership transition at Zoho Corporation, with Shailesh Kumar Davey taking over as the new Group CEO. Alongside this change, other senior leaders took on prominent roles in the company, including Tony Thomas leading Zoho US, Rajesh Ganesan heading the ManageEngine division, and Mani Vembu leading the Zoho.com division. This restructuring reflects Zoho’s focus on further expanding its global reach while ensuring continuity and growth across its various divisions.

Zoho Corp CEO transition

Despite his new role, Vembu remains a key figure in Zoho’s long-term strategy, contributing to both its technological advancements and its commitment to social impact. Through his work at Zoho, his focus on rural development, and his leadership in the tech industry, Vembu has left an indelible mark on India’s technology sector. His journey from a small village in Tamil Nadu to becoming one of the most influential tech entrepreneurs in India is an inspiring tale of innovation, determination, and a commitment to social good.

Conclusion 

Sridhar Vembu’s transition from CEO to Chief Scientist marks a new phase in Zoho’s evolution, with a stronger focus on research and development as well as sustainable growth. As Zoho continues to thrive under new leadership, Vembu’s legacy will undoubtedly shape the future of both the tech industry and India’s rural economy. If you’re planning a leadership change, like adding or removing a director, contact Vakilsearch. Our expert team can help ensure smooth compliance.

DeepSeek: 10 Key Insights About the Chinese AI Company

In a significant move last week, Chinese startup DeepSeek introduced a free DeepSeek AI company assistant that consumes less data and operates at a fraction of the cost of competing services. By Monday, the assistant had surpassed US rival ChatGPT in downloads on the Apple App Store.

US stocks experienced a historic decline on January 27, with Nvidia shares plummeting nearly 17%, erasing a record $600 billion in market value in just one day. The drop came amid concerns that DeepSeek, a low-cost AI model from China, could challenge the dominance of established AI leaders like Nvidia, triggering a sell-off in tech stocks across Wall Street. 

DeepSeek AI impact

Here are the 10 key points to know about DeepSeek:

What is DeepSeek?
DeepSeek (DS), owned entirely by the AI-driven quantitative fund High-Flyer in China, has captured global attention. The company revealed that training its DeepSeek-V3 AI model cost less than $6 million using Nvidia H800 chips. DeepSeek’s AI Assistant, powered by DeepSeek-V3, has now overtaken ChatGPT in downloads on the US Apple App Store, becoming the top-rated free app.

Who Created DeepSeek?
DeepSeek is a startup based in Hangzhou, China, founded by Liang Wenfeng, co-founder of the quantitative hedge fund High-Flyer. In March 2023, High-Flyer shifted focus to creating an independent research group to explore Artificial General Intelligence (AGI), leading to the establishment of DeepSeek later that year. The exact investment from High-Flyer in DeepSeek remains unclear, but the fund owns patents related to chip clusters for training AI models.

Why is DeepSeek Causing a Market Rout?
On January 27, tech stocks worldwide plummeted as the rapid rise of DeepSeek, a low-cost Chinese AI model, raised concerns about the demand for high-tech chips. DeepSeek’s free AI assistant, which uses cheaper chips and less data, challenges the assumption that AI growth will drive demand for expensive chips and data centers. This has sparked fears of potential price wars in AI and raised doubts about the competitiveness of US tech giants.

Implications on Computing Power Demand
Investors are now questioning the sustainability of AI’s massive investments in computing power. Despite Nvidia’s projected $200 billion GPU investment in 2024, there has been little return on these investments. DeepSeek’s success may force AI companies, especially in the US, to justify their growing capital expenditures on AI in the coming years.

Implications for Smartphones
If DeepSeek’s smaller AI models prove successful, it could positively impact the smartphone market. However, Jefferies has expressed doubts about AI smartphones, noting that AI has yet to gain significant traction with consumers. Running larger AI models on smartphones would require more hardware upgrades, raising costs and potentially limiting the appeal of AI-powered phones.

Bright Future for Chinese AI Market?
If DeepSeek’s advanced training techniques, such as multi-head latent attention (MHA) and mixture of experts (MOE), gain widespread adoption, UBS predicts a bright future for AI. Lower costs could accelerate AI adoption and bring artificial general intelligence (AGI) closer. UBS suggests that investors should adjust their portfolios to favor AI applications (25-30%) and intelligence layers (15-20%) over the enabling layer (50-60%).

Cyberattack Hits DeepSeek Website
DeepSeek faced a cyberattack on Monday, leading the company to temporarily limit new registrations. This attack followed the surge in popularity of its AI assistant, which became the top-rated free app on the US Apple App Store. The company also experienced website outages, with users unable to log in. DeepSeek resolved the issues related to its API, marking its longest outage in 90 days.

Performance of AI Stocks
On Monday, NASDAQ futures dropped 3%, with Nvidia suffering a historic $593 billion market value loss—the largest one-day loss for any company on Wall Street. Nvidia’s stock fell nearly 17%, dragging down other tech giants. Broadcom Inc. saw a 17.4% decline, Microsoft (ChatGPT’s backer) dropped 2.1%, and Google parent Alphabet ended the day down 4.2%.

US President Donald Trump on DeepSeek
US President Donald Trump commented on DeepSeek’s rise, stating that the Chinese startup’s innovative AI technology should serve as a wake-up call for American companies. Trump praised the cost-effective and faster AI methods developed by Chinese firms, emphasizing the need for the US to focus on competing in the global AI race. He considered DeepSeek’s advancements a positive development, as they show that AI innovation can be achieved without excessive spending.

DeepSeek’s rise in the AI space is reshaping global tech markets. As a low-cost, high-performance alternative to established models, it offers significant implications for AI development. Protect your innovations with expert patent and trademark services. Consult a senior IP lawyer for intellectual property registration today. 

Nothing Phone 3a Launch: Expected Price, Specs & Features Revealed

Nothing, the tech brand renowned for its unique transparent designs and Glyph interface, is gearing up for a major unveiling. Fans are eagerly anticipating the Nothing Phone 3a launch, which is expected to debut at the Mobile World Congress (MWC) 2025 in Barcelona on March 4. Alongside the Phone 3a, the flagship Nothing Phone 3 might also make an appearance, setting the stage for a big reveal.

Here’s everything we know so far about the upcoming launch, including the expected price, design, specifications, and key features.

Launch Details

The teaser for the upcoming event has sparked excitement among fans, hinting at the launch of the Phone 3 and possibly the more affordable Phone 3a. CEO Carl Pei previously confirmed that the flagship model was planned for a 2025 release. However, recent leaks suggest that both models could debut simultaneously at the event.

The launch also coincides with the Mobile World Congress, making it a strategic move to gain global attention.

Nothing Phone 3a Design and Display

The Nothing Phone 3a is expected to stay true to the brand’s signature design philosophy, featuring a transparent back panel and the iconic Glyph LED lights. The lights, a standout element, may get a refined update with new patterns for a sleeker appearance.

On the display front, the Phone 3a is rumoured to sport a 6.7-inch AMOLED screen with a smooth 120Hz refresh rate, delivering vibrant visuals and a fluid user experience.

nothing 3a

Specifications and Features

The Nothing Phone 3a is expected to pack some impressive specifications for a mid-range device. Rumours suggest it will be powered by the Qualcomm Snapdragon 7s Gen 3 processor, a solid upgrade from its predecessor, the Phone (2a). Paired with 8GB of RAM and running on Nothing OS 3.0 based on Android 15, the Phone 3a promises better performance and seamless multitasking.

Battery life is another key highlight, with the Phone 3a rumoured to house a 4,290mAh battery, ensuring all-day usage.

Nothing Phone 3a Camera Details

The camera department is expected to see significant upgrades. The Nothing Phone 3a is rumoured to feature a telephoto lens in addition to its primary sensors, offering improved zoom capabilities and overall camera performance. This enhancement is likely to appeal to photography enthusiasts in the mid-range segment.

Nothing 3A

Nothing Phone 3: What to Expect

While the Phone 3a will cater to the mid-range market, the Nothing Phone 3 is expected to be the brand’s next flagship device. It may feature a 6.5-inch AMOLED display with a 120Hz refresh rate, coupled with either the Snapdragon 8 Gen 3 or MediaTek Dimensity 9200+ processor, ensuring top-tier performance.

A potential standout feature of the flagship model could be an Action Button, similar to the one seen on the latest iPhones. This button is expected to provide customisable shortcuts for frequently used functions, adding a layer of convenience for users.

Nothing Phone 3a Expected Price

The Nothing Phone 3a is likely to be priced competitively in the mid-range segment, with estimates placing it between ₹23,999 and ₹25,999. This pricing strategy positions it as a strong contender against other popular mid-range smartphones.

On the other hand, the flagship Nothing Phone 3 could follow the pricing trend of its predecessors, with an expected starting price of around ₹44,999.

Since its inception, Nothing has consistently captured the market’s attention with its transparent designs and innovative features. The Phone (1) and Phone (2) set a strong foundation, and the upcoming launches are expected to build on that success.

By focusing on both mid-range and flagship devices, Nothing is strategically positioning itself to cater to a broader audience.

With the expected launch date of March 4 fast approaching, the Nothing Phone 3a and Phone 3 are already generating buzz. From their innovative designs to powerful specifications, these devices could be game-changers in their respective segments.

Stay tuned for the official unveiling at MWC 2025 to get a closer look at what Nothing has in store. Whether you’re eyeing the affordable Phone 3a or the premium Phone 3, these devices promise to bring excitement and innovation to the smartphone market.

With the rise of digital tools, protecting intellectual property is more important than ever. Vakilsearch offers intellectual property management services. Connect with our senior IP lawyers for copyright protection, trademark registration or patent filing.

Budget 2025: Desired Income Tax Changes for Middle Class

0

With the Union Budget 2025 just around the corner, much is expected to be done concerning income tax reforms and relief for the common man. There have already been recommendations that focus on key areas like personal income tax, housing benefits, savings incentives, and even electric vehicles (EVs) and cryptocurrencies. Top 10 income tax changes that the middle class awaits from Finance Minister Nirmala Sitharaman in Union Budget 2025:

1. Income Tax Slab Changes

  • The government is asked to change income tax slabs in favor of middle-class taxpayers. The experts consider raising the basic exemption limit with the ever-increasing inflation.
  • “A much-needed increase to ₹4 lakh, while many taxpayers hope for a ₹10 lakh limit,” said Abhishek Soni, CEO at Tax2Win.
  • “The government should reduce income tax rates for individuals with an annual income of up to ₹15 lakh to increase disposable income and consumption,” said Shefali Mundra, a tax expert at ClearTax.

2. Benefits for Home Loans in the New Tax Regime

  • Experts recommend that the new tax regime offer benefits for home loans, even if they are not as generous as those offered by the old regime.

Budget 2024 Home loan

3. Benefits for Homeowners

  • Higher interest deduction limits on housing loans under Section 24(b) could turn out to be a real game-changer.
  • “The full interest paid should at least be allowed as a deduction on one house, or the current ₹2 lakh should be increased to ₹3 lakh, said Dhruv Chopra, Managing Partner at Dewan P.N. Chopra & Co.

4. Higher NPS Deductions

  • Experts suggest raising the additional National Pension System (NPS) deduction limit from ₹50,000 to ₹1,00,000. Withdrawals should also be made fully tax-free, that is, EEE treatment.

5. HRA for Tier-2 Cities

  • To bring about a more balanced treatment of taxpayers in high-cost urban centers, Abhishek Soni suggests bringing the 50% HRA exemption category to cities like Hyderabad, Pune, and Bengaluru.

6. Reforms Under Section 80D

  • With increasing health costs, Shefali Mundra proposes raising the tax deduction limit under Section 80D to ₹50,000 for individuals and ₹1,00,000 for senior citizens, from the current ₹25,000 and ₹50,000, respectively.

7. TDS on Provident Fund Interest

  • To enhance the cash flow of the taxpayer, experts recommend deferring tax deduction on PF interest above ₹2.5 lakh until withdrawal.

8. Capital Gains Tax

  • Tax experts, including Niranjan Govindekar of BDO India, suggest reviewing some of the new proposals in the 2024 budget:
  • Harmonize tax rates on similar investments, like Indian and international stocks.
  • Scrapping Securities Transaction Tax (STT) as the capital gains tax rates have gone up.

Income tax on Budget 2025

9. Higher Basic Exemption Limit for Senior Citizens

  • A higher exemption limit for senior citizens is the need of the hour to reduce their financial burden and provide them with greater security in their old age.

10. Limit under Section 80C to be Increased

The limit under Section 80C, which is ₹1.5 lakh since 2014, should be increased. It will boost investment in financial instruments like Tax-Saving Fixed Deposits, Public Provident Fund (PPF), and others.

Conclusion

These proposed reforms reflect the aspirations of millions of middle-class taxpayers who hope for a budget that will prioritize their financial well-being. As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025, all eyes will be on how these expectations are addressed to boost disposable income, promote investments, and drive economic growth.

File Your Income tax Returns Easily with VakilSearch – Fast, Secure, and Hassle-Free! Get Started Now!

Chinese New Year 2025: Date, Animal & Global Holiday Status

Chinese New Year 2025, also known as the Spring Festival, is one of the most cherished and vibrant cultural celebrations globally. Deeply rooted in Chinese traditions, it’s a time for joy, togetherness, and colorful festivities that span several days. From dazzling parades and lion dances to heartfelt family reunions, the festival celebrates new beginnings and enduring customs. Chinese New Year is not just a holiday; it’s a cultural expression filled with meaning and joy, as families unite to usher in a prosperous year.

Chinese New Year 2025: When Does It Begin?

The Chinese New Year follows the lunar calendar, meaning the date changes every year. In 2025, the festivities will begin on January 29. This marks the start of the new lunar year, which occurs between January 21 and February 20. The lunar calendar differs from the Gregorian calendar, which follows the sun’s cycle. The Lantern Festival will be held on the 15th day of the lunar new year, marking the end of the 15-day celebration.

Duration of Celebrations in 2025

The Chinese New Year 2025 will last from January 29 to February 12, a period of 16 days. Traditionally, the first seven days are the official public holiday. During this time, families gather to celebrate with feasts, reunions, and the exchange of red envelopes, symbolizing good fortune for the year ahead. In the final days, people pay respects to ancestors and pray for blessings for the coming year.

Chinese New Year Celebrations

The Animal of the Year: The Snake (2025)

Each Chinese New Year corresponds with one of the 12 animals in the Chinese zodiac. After the Year of the Dragon (2024), the Year of the Snake will begin in 2025. The Snake, the sixth animal in the zodiac, symbolizes wisdom, grace, and transformation. People born in the Year of the Snake are believed to possess intelligence, intuition, and grace. Snakes are also admired for their independence and determination, capable of overcoming obstacles when needed.

The Chinese Zodiac Animal Cycle:

  1. Rat
  2. Ox
  3. Tiger
  4. Rabbit
  5. Dragon
  6. Snake
  7. Horse
  8. Sheep
  9. Monkey
  10. Rooster
  11. Dog
  12. Pig

How Is Chinese New Year Celebrated Around the World?

Chinese New Year is a global celebration, and each country has its own unique way of marking the occasion. Here’s how different parts of the world celebrate:

China: Firecrackers and Folklore
In China, the celebration begins with fireworks and firecrackers. This tradition comes from ancient folklore, which says the loud sounds drive away evil spirits, particularly a mythical monster named Nian. Red decorations and candles were believed to scare Nian away, a custom that continues today, even in temples and public displays. However, some cities have implemented firework bans due to pollution and safety concerns.

Chinese new year zodiac

United States: Cultural Festivities
In the United States, especially in California and New York, Asian communities host grand celebrations. California boasts vibrant festivals, featuring lion dances, floral displays, and the Golden Dragon Parade in Los Angeles, which attracts over 100,000 spectators annually. In Monterey Park, the community reflects on the past, honoring the lives lost in the 2023 tragedy while still celebrating the spirit of the New Year.

South Korea: Honoring Tradition
In South Korea, known as Seollal, Lunar New Year is a time for family reunions and ancestral rituals. Families prepare offerings of food and bow deeply to elders as a gesture of respect. Traditional clothing, called hanbok, is worn, and people enjoy festive dishes such as rice cake soup (tteokguk) and dumplings (mandu). Folk games like Yut Nori and kite flying are popular during this time.

South Africa: Temple Celebrations
In South Africa, the Buddhist Fo Guang Shan Nan Hua Temple in Bronkhorstspruit becomes the center of Lunar New Year celebrations. Attendees dress in traditional outfits, offer prayers, and enjoy dragon dances, embracing the holiday’s cultural significance.

Indonesia: Blending Cultures
In Indonesia, the Lunar New Year blends both Chinese and local traditions. In Jakarta, the historic Yin De Yuan Temple hosts prayer ceremonies, while the Grebeg Sudiro festival in Semarang and Solo mixes Chinese and Javanese influences. The festival features cone-shaped food displays, symbolizing the effort required to earn sustenance.

United Kingdom: London’s Extravaganza
London hosts a grand parade organized by the Chinatown Chinese Association at Trafalgar Square. The event features dragon dances, opera performances, martial arts displays, food stalls, and more. London’s Mayor Sadiq Khan has expressed his gratitude to East and Southeast Asian communities, wishing everyone a prosperous New Year.

Conclusion

Chinese New Year is a celebration that transcends borders, uniting people across the globe. From fireworks in China to lion dances in the United States, this vibrant festival fosters a sense of renewal and hope for the year ahead. In 2025, the Year of the Snake will inspire people worldwide to reflect on their journey, embrace transformation, and look forward to a prosperous year.

Stay updated with the latest news and other trending updates! Visit Vakilsearch News for exclusive insights.

Union Budget 2025: Date, Time & Live Streaming

Union Budget 2025 will be presented digitally on 1 February 2025 at 11 AM in Parliament. Access live updates, key details, and documents on official platforms and websites. The Union Budget 2025, the most important economic and financial event for India, is to be presented by Union Finance Minister Nirmala Sitharaman on Saturday, 1 February 2025. This will be her eighth successive budget presentation and a testament to her pivotal role in shaping the financial trajectory of India. 

The presentation will take place in the Lok Sabha at 11:00 AM and will be paperless, continuing the digital trend adopted since 2021. This practice reflects the government’s commitment to eco-friendliness and modernised governance.

What is the Union Budget 2025?

The Union Budget is India’s annual financial statement that shows the proposed expenditures and revenues of the government for the following fiscal year, which runs from April 1 to March 31. It acts as a roadmap for economic and developmental policies and is very important in determining the financial priorities of the country. It is essentially a blueprint on how the government intends to expend, generate revenues, and attend to other national priorities such as infrastructure, health care, education, and defense.

Nirmala Sitharaman Union Budget 2025

Eighth Consecutive Budget by Nirmala Sitharaman: Sitharaman’s presentation of the budget for the eighth time showcases her deep involvement in India’s fiscal planning during the NDA government’s tenure.

Second Full Budget of NDA’s Third Term: This would be the second full financial plan presented by the National Democratic Alliance (NDA) in its third term with Prime Minister Narendra Modi at the helm. The budget is expected to focus on consolidating growth-oriented measures while preparing for the fiscal year 2025-26.

Paperless Delivery: The budget will be totally digital, and the stakeholders can easily view it on any of the government platforms. This is in keeping with the modern approach that the government has been talking about digitization and transparency.

Where to Watch the Budget 2025?

The Union Budget 2025 will be made available through all possible channels so that the common man can see and analyse it. It will be:

  • Telecast Live: Telecast on Doordarshan, Sansad TV, and other Parliament official channels.
  • Live Webcast: Live on YouTube channels of the government.
  • Newspaper and News Sites: Online coverage will be offered by big news organisations. The live blog for continuous coverage can also be followed on their site.

These make it possible for the citizens, industrialists, policy makers, and media persons to keep abreast with the latest updates on budget proposals.

Budget Documents Online

Official documents of the Union Budget 2025 will be published online at www.indiabudget.gov.in. The website gives comprehensive details of all the budget proposals with regard to estimates of income and expenditure, tax reforms, and policy measures.

Importance of the Union Budget 2025

The Budget of 2025 is expected to discuss a few areas of national interest such as:

  • Economic Recovery: After crossing the global economic challenges, the government is likely to focus on sustaining growth while addressing fiscal deficits 
  • Social Welfare Schemes: Allocations for health, education, and social infrastructure are expected to be the key highlights 
  • Digital Economy and Innovation: With a digital-first approach in governance, the budget is expected to promote technological innovation and digital inclusion 
  • Infrastructure Development: A significant emphasis is likely on infrastructure projects to boost employment and economic activity 
  • Climate Action: Green initiatives and policies to address environmental challenges are likely to remain a priority.

Conclusion 

This, then, is a Union Budget 2025 not as a financial document but as a strategic plan for the lives of millions of Indians and the country’s future. With Finance Minister Sitharaman in the spotlight, all eyes are on how fiscal prudence would be balanced against developmental needs. If you need any tax related classification you can connect with our online Chartered Accountant. Our tax experts at Vakilsearch will resolve all your queries and explain what the union budget 2025 means for your business.