Revised finance bill 2025-26: No tax on salaries up to Rs600,000, new slabs introduced

Under the amended finance bill for fiscal year 2025-26, individuals earning up to Rs600,000 annually will be exempt from income tax. Those earning between Rs600,001 and Rs1.2 million annually will be required to pay 1% income tax. In the second slab, salaried individuals earning between Rs1.2 million and Rs2.2 million annually will pay a fixed…

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Ayatollah Khamenei says Iran ‘dealt severe slap’ to US, claims victory over Israel

Iran’s Supreme Leader Ayatollah Ali Khamenei on Thursday claimed victory over Israel and said that his country had “dealt a severe slap to the face of America” during his first televised speech since a ceasefire between Iran and Israel was declared following their 12-day war.  Iran’s supreme leader Ayatollah Ali Khamenei said Thursday that the US had…

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