Why US needs Bangladesh so much, a US Naval Institute article reveals

A significant change includes the increase in the reporting threshold for assets and liabilities under 'Schedule AL'. (AI image) Income Tax Return Filing FY 2024-25: The Income Tax Department has issued ITR form 3 for individuals and HUFs with business or professional income, officially notified on April 30 for Assessment Year 2025-26. Key changes include raising the reporting threshold for assets and liabilities under 'Schedule AL' from Rs 50 lakh to Rs 1 crore, introducing...

About the AuthorTOI World DeskTOI World Desk comprises a dedicated team of experienced journalists and writers who diligently cover global events to provide the latest news and diverse perspectives. Committed to accuracy and depth, they aim to keep readers informed about international affairs, delivering nuanced insights into the interconnected world. Join them in exploring the stories that shape our global narrative.Read More Full Article

Rajasthan Royals' hopes of qualifying for the IPL 2025 playoffs were dashed after a heavy 100-run defeat to Mumbai Indians, marking their eighth loss in 11 matches, which makes it impossible for them to reach the top four. Mumbai set a formidable target of 217/2, led by Ryan Rickelton's 61 and Rohit Sharma's 53, while their bowlers, including Trent Boult and Karn Sharma, dominated the Royals' batting lineup. With this victory, Mumbai climbed to the...

About the AuthorTOI World DeskThe TOI World Desk comprises a dedicated team of experienced journalists and writers who diligently cover global events, ensuring readers receive timely and diverse news. Their commitment to accuracy and depth offers a nuanced understanding of international affairs. Join them as they explore the interconnected stories that shape our world. Full Article

MUMBAI: A study by Paisabazaar reveals that the average age of first-time credit borrowers in India has decreased by 21 years across three generations, with individuals born in the 1990s starting to borrow at age 25-28, primarily through unsecured loans. This shift from the past, where borrowing typically began at age 47 for those born in the 1960s, reflects increased accessibility to credit due to higher disposable incomes and technological advancements, such as the Jan...

President Donald Trump announced that Secretary of State Marco Rubio will temporarily serve as National Security Advisor after removing Mike Waltz from the position, although Waltz remains in the administration. Trump also nominated Waltz to be the next U.S. Ambassador to the United Nations, highlighting his dedication to the nation's interests. Reports confirmed that both Waltz and his deputy were dismissed from the National Security Council, with further staff changes expected as Trump prepares to...