Saif Ali Khan out of danger after gruesome stabbing as surgery goes well

News Network
January 16, 2025

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Bollywood actor Saif Ali Khan is "out of danger" following a successful surgery at the Lilavati Hospital in Mumbai after being attacked during a burglary at his residence last night.

The actor’s team released an official statement confirming his recovery and assured fans of his stable condition.

The shocking incident occurred late last night when an intruder broke into the actor’s home. Reports suggest that when Saif confronted the burglar, both were involved in a physical altercation, and the attacker stabbing the actor about six times.
Saif’s wife, actress Kareena Kapoor Khan, and their children were reportedly unharmed during the incident.
“Saif Ali Khan has come out of surgery and is out of danger. He is currently in recovery, and the doctors are monitoring his progress. All family members are safe, and the police are investigating the incident," the team said.

Meanwhile, the police is at the actor's residence and is probing the attack.

Attack on Saif Ali Khan: What you need to know

Dr. Niraj Uttamani, Chief Operating Officer (COO) of Lilavati Hospital, revealed that Saif was brought to the hospital at 3 a.m. on Thursday. Providing details about his injuries, Dr. Uttamani said, “Saif Ali Khan suffered six stab wounds, two of which were deep, with one located near his spine. A foreign object was also identified near his spine.”

The hospital further confirmed that a team of specialists is overseeing the actor’s treatment, including Dr. Nitin Dange (Consultant Neurosurgeon), Dr. Leena Jain (Consultant Plastic Surgeon), Dr. Nisha Gandhi (Consultant Anaesthesiologist), Dr. Kavita Srinivas (Intensivist), and Dr. Manoj Deshmukh (Consultant Radiologist).

Dr. Uttamani said, “The extent of the damage will be understood once the surgery is completed.”

The incident has sparked outrage within the film fraternity and raised concerns about security. Indian Film and Television Directors Association (IFTDA) President Ashoke Pandit condemned the attack, emphasizing the lapse in security at Saif’s residential building.

Speaking to ANI, he said, “The attack on film star Saif Ali Khan in his own house is a matter of concern. IFTDA condemns this attack. The concern is about the security of the building, and the security agencies of the building, as to how an intruder reaches the 12th floor and enters the house, this is a matter of investigation, which the Mumbai Police is very competent and capable of looking into.”

The Mumbai Police Crime Branch has initiated an investigation into the incident. Deputy Commissioner of Police Dixit Gedam confirmed Saif’s injuries resulted from an altercation with the intruder, adding that authorities are actively working to gather more details about the incident.

Security footage and witness statements are being reviewed as part of the probe.

The actor recently appeared in the action thriller Devara Part 1, which released in September 2024 to critical acclaim.

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News Network
February 1,2025

The Union Budget 2025 has brought significant revisions to the income tax structure, aiming to address long-standing demands of middle-class taxpayers, particularly salaried individuals. The newly proposed tax slabs and rebate enhancements are expected to provide substantial relief, making taxation more streamlined and beneficial for the majority.

REVISED INCOME TAX SLABS

The proposed tax slabs under the new regime are as follows:
•    Income up to Rs 4 lakh – Nil
•    Rs 4-8 lakh – 5%
•    Rs 8-12 lakh – 10%
•    Rs 12-16 lakh – 15%
•    Rs 16-20 lakh – 20%
•    Rs 20-24 lakh – 25%
•    Above Rs 24 lakh – 30% (plus applicable cess and surcharge)

Currently, the tax slabs under the new regime are:
•    Income up to Rs 3 lakh – Nil
•    Rs 3-7 lakh – 5%
•    Rs 7-10 lakh – 10%
•    Rs 10-12 lakh – 15%
•    Rs 12-15 lakh – 20%
•    Above Rs 15 lakh – 30%

ENHANCED REBATE UNDER SECTION 87A

The budget proposes an increase in the income cap for availing the rebate under Section 87A from Rs 7 lakh to Rs 12 lakh, while the rebate amount will rise from Rs 25,000 to Rs 60,000. This effectively means that individuals earning up to Rs 12 lakh annually (or Rs 1 lakh per month) will not have to pay any income tax under the new regime, excluding special rate income such as capital gains.

Additionally, salaried taxpayers can benefit from the standard deduction of Rs 75,000, pushing the tax-free income threshold to Rs 12.75 lakh.

Recent data suggests that 78% of taxpayers have already transitioned to the new tax regime. With these latest reforms, the government anticipates an even greater shift towards the default new regime.

TDS AND TCS RATE RATIONALISATION

The government has proposed selective rationalisation of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) rates, which include:

•    Senior Citizens’ Interest Income – The tax deduction threshold will be increased from Rs 50,000 to Rs 1 lakh.

•    TDS on Rent – The annual exemption cap will rise from Rs 2.40 lakh to Rs 6 lakh.

•    TCS on Foreign Remittances – The threshold cap will increase from Rs 7 lakh to Rs 10 lakh.

Additionally, the higher 20% TDS deduction will now apply only in cases where the PAN is inoperative, ensuring that compliant taxpayers do not face undue deductions. These adjustments are expected to ease compliance burdens for taxpayers.

UPDATED TAX RETURN FILING WINDOW EXTENDED TO 4 YEARS

Currently, taxpayers can file an updated return within 24 months from the end of the relevant assessment year, provided it results in additional tax payments. The new proposal extends this window to 48 months, offering taxpayers more flexibility to rectify their tax filings and remain compliant.

The Union Budget 2025’s tax reforms reflect a concerted effort to reduce the financial strain on taxpayers while simplifying the taxation process. These changes mark a significant shift in the government's approach to personal taxation, with a clear emphasis on inclusivity and fairness.

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News Network
February 6,2025

Mangaluru: A man has reportedly lost ₹13 lakh after falling victim to an online trading scam. The incident began on December 14, 2023, when he received a WhatsApp message adding him to a group named "VIP3 Global Securities Official Stock Community."

The message introduced Ajay Garg as the director and CEO of SMC Group, claiming he was participating in an international stock returns competition and urging members to vote for him. The group also provided stock market investment guidance and encouraged users to open an SMC Global Securities Trading Account to access IPO stocks.

Upon inquiring in the group, the complainant was contacted by an individual claiming to be an international customer service representative at SMC Global Securities. This person, later identified as Vandana Bharti from the Institutional Brokerage, claimed she could secure high-value IPO stock allotments. The complainant was instructed to download the SMC Global Securities Trading App using a specific link, which promised 30 days of free VIP trading advice and stock market insights. He registered on the app using his PAN and mobile number and began applying for IPO stocks.

Initially, the complainant was allotted ₹15,000 worth of IPO stocks from Dam Capital Advisers Limited. The scammers claimed that ₹5,000 was covered by the company, requiring him to pay only ₹10,000, which he transferred on December 25. Soon after, he was allotted ₹1.4 lakh worth of IPO stocks from Anya Polytech & Fertilisers and was pressured to pay immediately. On December 31, he transferred the amount.

The scammers continued assigning higher-value IPO stocks, eventually allotting ₹9.9 lakh worth of stocks from Standard Glass Lining Technology Limited. When the complainant expressed an inability to pay, he was pressured into taking a ₹9 lakh loan via a mobile lending service.

On January 20, he attempted to withdraw ₹1 lakh from the SMC Global Securities Trading App to check if funds could be recovered. The withdrawal was processed successfully the same day, reinforcing his trust in the platform. However, subsequent attempts to withdraw funds were unsuccessful, and the complainant realized he had been defrauded.

Authorities are investigating the incident and cautioning the public to be vigilant against such fraudulent schemes.

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News Network
January 31,2025

Bengaluru: Special matching grants for the development of the backward region of Kalyana Karnataka, approval for the Mekedatu project and release of Rs 11,495 crore of special grants recommended by the 15th Finance Commission were among the suggestions and requests made by the Karnataka government during a pre-budget consultation with the Centre.

Last month, Union Finance Minister Nirmala Sitharaman met finance ministers of states and union territories (UTs) to take their demands and suggestions for the Union Budget 2025-26, to be presented on February 1.

In his presentation at the meeting, Karnataka Revenue Minister Krishna Byre Gowda on behalf of the state government led by Chief Minister Siddaramaiah sought release of Rs 5,300 crore promised in the Union Budget to Upper Bhadra project to provide water to drought prone central Karnataka and special matching grants for the development of backward region of Kalyana Karnataka and the global eco sensitive Western Ghats.

The state urged the Central government to shift from a "reimbursement-based" system to an "advance-release" model for the implementation of the centrally sponsored schemes and also proposed increasing the Central share of their honorariums to Rs 5,000 per month for ASHA workers and Rs 2,000 for Anganwadi helpers.

According to a statement shared by the Gowda's office on Friday, the minister suggested increasing Pradhan Mantri Awas Yojana assistance from Rs 1.5 lakh to Rs five lakh for urban houses and from Rs 72,000 to Rs three lakh for rural houses.

Karnataka has requested additional railway lines, expedited projects, and Central support for 50 per cent of land acquisition and 100 per cent construction costs.

The state also urged approvals for road infrastructure proposals, including new ring roads and upgrades to National Highways.

Gowda has also requested the Union government to increase pensions for old-age, widows, physically-challenged persons.

The Karnataka government called for transparent and need-based reforms in disaster relief fund allocation and timely release of SDRF (State Disaster Response Force) funds, prioritising states' disaster vulnerabilities, it stated.

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