Sun Feb 02 01:40:00 UTC 2025: ## Top News Headlines: Trump Initiates Tariff War, GST Raids Yield ₹200 Crore in Fake Invoices, and More
**New Delhi, India** – Several significant events dominated the headlines today. Former US President Donald Trump’s administration announced the initiation of a tariff war, imposing increased import duties on several countries. Separately, a GST intelligence raid in Dhanbad uncovered ₹200 crore worth of fraudulent invoices at three locations linked to Mithilesh Singh.
The upcoming Budget 2025 is expected to include significant changes to income tax, potentially eliminating taxes on incomes up to ₹12 lakh. Finally, Basant Panchami, a significant Hindu festival, is being celebrated as an auspicious day for ceremonies such as Annaprashan (first feeding), Vidyarambh (initiation of education), Naamkaran (naming ceremony), and Karnavedha (ear-piercing). The festival is dedicated to Goddess Saraswati, the goddess of knowledge and arts. Many believe performing these rites on this day brings blessings and prosperity.
First Piper 