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Bigg Boss 19: Is Flying Beast entering the Bigg Boss house? Gaurav Taneja sets the record straight
Bigg Boss 19: Is Flying Beast entering the Bigg Boss house? Gaurav Taneja sets the record straight

Economic Times

time3 days ago

  • Entertainment
  • Economic Times

Bigg Boss 19: Is Flying Beast entering the Bigg Boss house? Gaurav Taneja sets the record straight

Flying Beast, aka, Gaurav Taneja will not be participating in Bigg Boss 19. Synopsis Bigg Boss 19: Gaurav Taneja, aka Flying Beast, addresses rumours about joining Bigg Boss 19. He denies his participation in the upcoming season. Taneja mentions previous invitations but cites prior commitments. He doesn't rule out future participation. He refers to Ranvir Shorey's past participation due to financial reasons. Bigg Boss 19 is set to premiere in late August 2025. Bigg Boss 19: Gaurav Taneja has been making headlines lately amid swirling rumours about his participation in Bigg Boss 19. As with every new season, speculation runs wild—and this time, the popular YouTuber found himself right in the middle of it. With fans flooding his inbox and social media abuzz, many were convinced he was set to enter the Salman Khan-hosted reality show. But in his latest vlog, Gaurav finally put the rumours to rest: he's not going on Bigg Boss 19. ADVERTISEMENT 'Arre bhai, nahi jaa raha main Bigg Boss 19,' he responded to the speculation. According to him, a few PR pages posted his photo alongside other potential contestants, sparking a wave of misinformation that quickly spiralled online. He revealed that this isn't the first time the show approached him—he was invited before the pandemic and again during a season focused on couples. Both times, due to prior commitments, he had to turn it down. 'You should never make absolute statements on social media,' He said that he wouldn't completely rule out the possibility of doing the show someday and added that one should never make absolute statements on social media. However, he cleared the air and shared that for this time, he is definitely not going. He ended on a sobering note, referencing actor Ranvir Shorey, who once candidly said he joined Bigg Boss out of financial necessity. He shared that what if he is left with no source of income and has to participate in Bigg Boss like Ranvir Shorey. Hence, he believes in not pulling down anyone during their bad wait is over—Bigg Boss 19 is officially on its way. The newly dropped teaser has fans buzzing, featuring a vibrant kaleidoscopic eye logo and a cryptic new theme titled 'Rewind.' Slated to premiere in late August 2025, the season promises a major shake-up in format and flair, with Salman Khan expected to return as host. ADVERTISEMENT According to SCREEN, 'Rewind' will revive classic elements like the 'Secret Room,' where nominated contestants may secretly observe the house. The season will unfold in two phases: a four-month televised run followed by an OTT-exclusive continuation. It will air on Viacom18 channels and stream on JioCinema, with Banijay Asia producing the show. Adding to the throwback charm, weekly rations are back—meaning failed tasks could lead to meagre meals, echoing the survival drama of early seasons. (Catch all the Budget 2024 News, Budget 2024 Live Coverage Events and Latest News Updates on The Economic Times.) NEXT STORY

ITR Filing Last Date: New Deadline, July 23 Capital Gains Cut-Off, FY25 Slab Rates, All You Need To Know
ITR Filing Last Date: New Deadline, July 23 Capital Gains Cut-Off, FY25 Slab Rates, All You Need To Know

News18

time4 days ago

  • Business
  • News18

ITR Filing Last Date: New Deadline, July 23 Capital Gains Cut-Off, FY25 Slab Rates, All You Need To Know

Last Updated: The due date for filing ITRs for salaried individuals and HUFs not subject to audit has been extended till September 15, 2025, from July 31, 2025 earlier. ITR Filing Last Date: The ITR filing season 2025 is going on. This year, filing the income tax return is a bit complex for investors as capital gains needs to be bifurcated in accordance with the July 23, 2024, cut-off. Here's a detailed look at everything you need to know before filing your return, including deadlines, slab rates, capital gains rules, and other key tax amendments: What Is the Last Date to File ITR for FY2024-25? The due date for filing ITRs for salaried individuals and HUFs not subject to audit has been extended till September 15, 2025, from July 31, 2025 earlier. For businesses or professionals requiring audit, the due date is October 31, 2025. Why Is July 23, 2024, Important for Investors? July 23, 2024 marks a cut-off date for applying the new capital gains tax rules announced in Budget 2024. Any asset sold on or after July 23, 2024, will be taxed under the revised capital gains tax regime. Gains from assets sold before this date will be taxed under the old regime, with indexation and existing rates. This cut-off date is critical because taxpayers now must bifurcate capital gains in their ITRs based on this date. The Central Board of Direct Taxes (CBDT) has updated ITR forms to reflect this requirement. Capital Gains Tax: What Has Changed for FY2024-25? Budget 2024 introduced major structural changes in the taxation of both financial and non-financial assets. These changes are aimed at simplifying and harmonising the capital gains framework: New Rules Applicable from July 23, 2024: Long-Term Capital Gains (LTCG) will now be taxed at a flat 12.5% across all asset classes (including equity, real estate, gold), up from 10%. Short-Term Capital Gains (STCG) on assets like equities will be taxed at 20%, up from 15%. The LTCG exemption limit on equity-related instruments has been raised from Rs 1 lakh to Rs 1.25 lakh. Listed financial assets held for more than 12 months will now be treated as long-term assets. For Real Estate: LTCG tax on property sales has been reduced from 20% to 12.5%. However, the indexation benefit for properties purchased after April 1, 2001, was removed. After widespread backlash, the government allowed sellers of assets bought before July 23, 2024, to choose between old or new tax computation methods, including indexation. 'The logic of the budgetary proposal on capital gains is that the structure has to be simplified…and to treat all asset classes equally. [Now, after the amendment to the finance bill] tax on the sale of assets purchased before July 23, 2024, can be computed under the old scheme with indexation or the new scheme… and (property sellers can) pay lower tax," Finance Minister Nirmala Sitharaman had said on August 7, explaining the rationale behind the original decision as well as the 'rollback'. Income Tax Slabs for FY 2024-25 (New Regime) Standard deduction increased to Rs 75,000 (up from Rs 50,000). Rebate under Section 87A available for income up to Rs 7 lakh — no tax payable if total income is within this limit. Allows popular deductions like 80C, 80D, HRA, home loan interest (Sec 24b). HRA continues to be a significant factor in deciding whether to opt for the old regime. Boost in NPS Deductions for Private Employees Budget 2024 raised the deduction limit for employer contribution to corporate NPS from 10% to 14% of basic salary under the new regime for private sector employees. This matches the existing 14% benefit enjoyed by central and state government employees. Note: The deduction remains capped at 10% for private employees under the old regime. If you are an Indian employee working abroad or receiving foreign ESOPs or have foreign bank accounts, you are still required to report them in your ITR. But here's the relief: From FY2024-25, failure to report foreign financial assets worth up to Rs 20 lakh will not attract a penalty under the Black Money Act, which previously imposed fines up to Rs 10 lakh. 5 Key Tax Changes to Keep in Mind This Year 1. Revised new regime slabs: Lower tax outgo for many salaried taxpayers without exemptions. 2. Capital gains overhaul: LTCG @12.5%, STCG @20%, new exemption limits, and July 23 split. 3. Standard deduction up: Rs 75,000 under new regime—added benefit for salaried taxpayers. 4. Higher NPS deduction: 14% employer contribution deductible in new regime for private sector employees. top videos View all 5. Foreign asset disclosures: Low-value foreign assets now exempt from harsh penalties. Taxpayers this year need to be extra vigilant while preparing and filing ITRs. With multiple changes in tax slabs, capital gains rules, and disclosure requirements, understanding the impact of the July 23 cut-off and the choice of tax regime is critical. About the Author Business Desk A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover More Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : income tax return ITR filing view comments Location : New Delhi, India, India First Published: July 26, 2025, 12:17 IST News business » tax ITR Filing Last Date: New Deadline, July 23 Capital Gains Cut-Off, FY25 Slab Rates, All You Need To Know Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

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