India's Finance Minister Nirmala Sitharaman on Tuesday (February 1) introduced the Finance Bill 2022, which is deemed as a pro-growth Budget with an emphasis on capital expenditure and investments to power the country's GDP growth forward amid the ongoing coronavirus (COVID-19) pandemic.&nbsp;

Rajyavardhan Singh Rathore, who is a leader of the ruling party Bharatiya Janata Party (BJP) called it&nbsp;a budget for the "common man".&nbsp;

He said, "With an increase of 35% in infrastructure, to automatically accelerate the economy. It's a booster shot that will pace up manufacturing in the country, keeping the country's money in the country."&nbsp;

Another BJP leader and minister of law Kiren Rijiju said it is an inclusive Budget that takes care of the interests of every section of society including the poor, rural and border areas.&nbsp;

But how will the Budget 2022-2023 will impact the common man and middle class? Here's a report:&nbsp;

Taxation: There are no changes in income tax slabs and rates.&nbsp;

Those who want to file updated tax returns can do it for 2 years from the end of the assessment year. India's FM also said that the incomes that might have been missed out can be declared.&nbsp;

Differently-abled people: Payment of annuity and lump sum amount from insurance scheme to be allowed to differently-abled dependent during the lifetime of parents/guardians, i.e., on parents/ guardian attaining the age of 60 years.&nbsp;

Parity in National Pension Scheme Contribution: Tax deduction limit increased from 10 per cent to 14 per cent on employer's contribution to the NPS account of State Government employees.&nbsp;

Employment: Productivity Linked Incentive (PLI) scheme in 14 sectors to create 60 lakh jobs. Digital Ecosystem for Skilling and Livelihood (DESH-Stack e-portal) will be launched to empower citizens to skill, reskill or upskill through online training.&nbsp;

Health: An open platform for National Digital Health Ecosystem to be rolled out. 'National Tele Mental Health Programme' for quality mental health counselling and care services to be launched.&nbsp;

Housing: Rs 48,000 crore allocated for completion of 80 lakh houses in 2022-23 under PM Awas Yojana.&nbsp;

Crypto investment: On cryptocurrency exchanges and apps, which are luring millions into investing in digital tokens, the Indian government announced a 30 per cent tax on any income from the transfer of virtual digital assets, specifying that no deductions and exemptions will be allowed.&nbsp;

"Accordingly, for the taxation of virtual digital assets, I propose to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30 per cent," Sitharaman said.&nbsp;

"No deduction in respect of any expenditure or allowance shall be allowed while computing such income except cost of acquisition. Further, loss from transfer of virtual digital assets cannot be set off against any other income," she stressed.&nbsp;

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/indian-budget-2022-digital-rupee-to-be-issued-using-blockchain-and-other-technologies-nirmala-sitharaman-449483/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>
</div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

&nbsp;

India's Finance Minister Nirmala Sitharaman on Tuesday (February 1) introduced the Finance Bill 2022, which is deemed as a pro-growth Budget with an emphasis on capital expenditure and investments to power the country's GDP growth forward amid the ongoing coronavirus (COVID-19) pandemic.

India's Finance Minister Nirmala Sitharaman on Tuesday (February 1) introduced the Finance Bill 2022, which is deemed as a pro-growth Budget with an emphasis on capital expenditure and investments to power the country's GDP growth forward amid the ongoing coronavirus (COVID-19) pandemic. Rajyavardhan Singh Rathore, who is a leader of the ruling party Bharatiya Janata Party (BJP) called it a budget for the "common man". He said, "With an increase of 35% in infrastructure, to automatically accelerate the economy. It's a booster shot that will pace up manufacturing in the country, keeping the country's money in the country." Another BJP leader and minister of law Kiren Rijiju said it is an inclusive Budget that takes care of the interests of every section of society including the poor, rural and border areas. But how will the Budget 2022-2023 will impact the common man and middle class? Here's a report: Taxation: There are no changes in income tax slabs and rates. Those who want to file updated tax returns can do it for 2 years from the end of the assessment year. India's FM also said that the incomes that might have been missed out can be declared. Differently-abled people: Payment of annuity and lump sum amount from insurance scheme to be allowed to differently-abled dependent during the lifetime of parents/guardians, i.e., on parents/ guardian attaining the age of 60 years. Parity in National Pension Scheme Contribution: Tax deduction limit increased from 10 per cent to 14 per cent on employer's contribution to the NPS account of State Government employees. Employment: Productivity Linked Incentive (PLI) scheme in 14 sectors to create 60 lakh jobs. Digital Ecosystem for Skilling and Livelihood (DESH-Stack e-portal) will be launched to empower citizens to skill, reskill or upskill through online training. Health: An open platform for National Digital Health Ecosystem to be rolled out. 'National Tele Mental Health Programme' for quality mental health counselling and care services to be launched. Housing: Rs 48,000 crore allocated for completion of 80 lakh houses in 2022-23 under PM Awas Yojana. Crypto investment: On cryptocurrency exchanges and apps, which are luring millions into investing in digital tokens, the Indian government announced a 30 per cent tax on any income from the transfer of virtual digital assets, specifying that no deductions and exemptions will be allowed. "Accordingly, for the taxation of virtual digital assets, I propose to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30 per cent," Sitharaman said. "No deduction in respect of any expenditure or allowance shall be allowed while computing such income except cost of acquisition. Further, loss from transfer of virtual digital assets cannot be set off against any other income," she stressed. ×

How Budget 2022-2023 will impact the common man and middle class in India?

India's Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on Tuesday (February 1) with different sectors hoping that the government would give some relaxation in taxation, providing ease of doing business amid onslaughts of coronavirus (COVID-19) pandemic.&nbsp;

Health and education are some of the sectors that are expecting significant announcements... so is the electric vehicle (EV)&nbsp;sector.&nbsp;

Amid the climate crisis, the EV&nbsp;sector can promise a future that is cleaner and the government needs to promote the benefits of electric vehicles. But there is a range of issues that the industry is facing. Here are some of the expectations that the EV sector from the Budget 2022-2023.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/what-start-ups-in-india-can-expect-from-countrys-union-budget-2022-23-449295">What start-ups in India can expect from country's Union Budget 2022-23?</a>

The sector would expect the government to create a robust infrastructure that supports the electrification of large vehicles and feasible charging infrastructure.&nbsp;

The industry would expect tax relaxations and would also hope that the government would give a boost to local manufacturing of battery technology, access to raw materials, skilled labour, etc. It is also a task for the government to speed up the battery cell localisation in the country.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/indias-union-budget-2022-will-be-available-on-mobile-app-heres-how-to-download-on-android-and-ios-448501">India's Union Budget 2022 will be available on mobile app: Here's how to download on Android and iOS</a>

The manufacturers might also expect to reduce dependency on imports. The sector also needs attention over the inverted duty structure as experts have revealed that the imported components are not strictly as per the Indian conditions.&nbsp;

Sitharaman would use the Budget as the cornerstone to put the economy on an accelerated growth path after the impact caused by the pandemic.&nbsp;

It is expected that there will be amendments in the tax law to bring about sustainable growth, infrastructure investment, focus on R&amp;D spending, nurturing incentives to the core sectors.&nbsp;

WATCH WION's analysis&nbsp;|&nbsp;India's Budget 2022 with Gautam Chikermane: Taxation, investments and stock markets

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/indias-budget-2022-with-gautam-chikermane-taxation-investments-and-stock-markets-447354/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>
</div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

Deepak MV, who is the CEO and co-founder of Etrio was quoted as saying by India-based news channel ABP: "At a time when EV adoption is gaining unprecedented momentum despite many challenges, in the upcoming Union Budget 2022, we at Etrio would like to see the finance minister address the critically-important area of making a wide and varied range of financing options available for EV commercial vehicles' buyers – as this is extremely critical for further increased uptake of EVs in India, going forward." &nbsp;

(With inputs from agencies)

India's Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on Tuesday (February 1) with different sectors hoping that the government would give some relaxation in taxation, providing ease of doing business amid onslaughts of coronavirus (COVID-19) pandemic.

India's Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on Tuesday (February 1) with different sectors hoping that the government would give some relaxation in taxation, providing ease of doing business amid onslaughts of coronavirus (COVID-19) pandemic. Health and education are some of the sectors that are expecting significant announcements... so is the electric vehicle (EV) sector. Amid the climate crisis, the EV sector can promise a future that is cleaner and the government needs to promote the benefits of electric vehicles. But there is a range of issues that the industry is facing. Here are some of the expectations that the EV sector from the Budget 2022-2023. ALSO READ | What start-ups in India can expect from country's Union Budget 2022-23? The sector would expect the government to create a robust infrastructure that supports the electrification of large vehicles and feasible charging infrastructure. The industry would expect tax relaxations and would also hope that the government would give a boost to local manufacturing of battery technology, access to raw materials, skilled labour, etc. It is also a task for the government to speed up the battery cell localisation in the country. ALSO READ | India's Union Budget 2022 will be available on mobile app: Here's how to download on Android and iOS The manufacturers might also expect to reduce dependency on imports. The sector also needs attention over the inverted duty structure as experts have revealed that the imported components are not strictly as per the Indian conditions. Sitharaman would use the Budget as the cornerstone to put the economy on an accelerated growth path after the impact caused by the pandemic. It is expected that there will be amendments in the tax law to bring about sustainable growth, infrastructure investment, focus on R&D spending, nurturing incentives to the core sectors. WATCH WION's analysis | India's Budget 2022 with Gautam Chikermane: Taxation, investments and stock markets × Deepak MV, who is the CEO and co-founder of Etrio was quoted as saying by India-based news channel ABP: "At a time when EV adoption is gaining unprecedented momentum despite many challenges, in the upcoming Union Budget 2022, we at Etrio would like to see the finance minister address the critically-important area of making a wide and varied range of financing options available for EV commercial vehicles' buyers – as this is extremely critical for further increased uptake of EVs in India, going forward." (With inputs from agencies)

Will India's Union Budget 2022 live up to the expectations of EV industry?

India's Finance Minister Nirmala Sitharaman hailed the tax-payers of the country as she announced that Goods and Services Tax (GST) collections touched a record of Rs1.4 trillion on rapid economic recovery.&nbsp;

With an aim to put the pandemic-ravaged economy on the path of development, India's finance minister introduced the Finance Bill 2022 in Parliament.&nbsp;

Important&nbsp;to note that January is the seventh straight month when the GST collection has crossed the Rs 1 trillion mark.&nbsp;

During her address of Budget 2022-2023, Sitharaman said there has been remarkable progress made in the GST regime, but still, a few challenges remain. "Gross GST collection in January at record Rs 1,40,986 crores; this has been possible due to rapid economic recovery," she said.&nbsp;

Reflecting on the economy, Sitharaman said that India's growth is estimated to be at 9.2 per cent, the highest among all large economies as the nation is now in a strong position to withstand challenges, such as coronavirus (COVID-19).&nbsp;

The finance minister further said that the nation is in the midst of the Omicron wave but the speed of the vaccination campaign has helped greatly. She said, "I am confident that 'Sabka Prayaas' we'll continue with strong growth."

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/indian-budget-2022-digital-rupee-to-be-issued-using-blockchain-and-other-technologies-nirmala-sitharaman-449483/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>
</div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

&nbsp;

India's Finance Minister Nirmala Sitharaman hailed the tax-payers of the country as she announced that Goods and Services Tax (GST) collections touched a record of Rs1.

India's Finance Minister Nirmala Sitharaman hailed the tax-payers of the country as she announced that Goods and Services Tax (GST) collections touched a record of Rs1.4 trillion on rapid economic recovery. With an aim to put the pandemic-ravaged economy on the path of development, India's finance minister introduced the Finance Bill 2022 in Parliament. Important to note that January is the seventh straight month when the GST collection has crossed the Rs 1 trillion mark. During her address of Budget 2022-2023, Sitharaman said there has been remarkable progress made in the GST regime, but still, a few challenges remain. "Gross GST collection in January at record Rs 1,40,986 crores; this has been possible due to rapid economic recovery," she said. Reflecting on the economy, Sitharaman said that India's growth is estimated to be at 9.2 per cent, the highest among all large economies as the nation is now in a strong position to withstand challenges, such as coronavirus (COVID-19). The finance minister further said that the nation is in the midst of the Omicron wave but the speed of the vaccination campaign has helped greatly. She said, "I am confident that 'Sabka Prayaas' we'll continue with strong growth." ×

Indian finance minister hails tax-payers over highest-ever GST collection in January 2022

A gift to the Indian Railways as the country's Finance Minister Nirmala Sitharaman on Tuesday (February 1) said that about 2,000km of the rail network will be brought under the indigenous world-class technology KAWACH.&nbsp;

While announcing this year's Budget, the finance minister also said that 400 new 'Vande Bharat' trains will be manufactured in the next three years.&nbsp;

She also said 100 PM Gati Shakti Cargo terminals to be developed during the next three years and implementation of innovative ways for building metro systems.

During her address, Sitharaman said, "As a part of Atmanirbhar Bharat, 2,000 km of rail network to be brought under the indigenous world-class technology KAWACH in 2022-23, for safety and capacity augmentation."

"A total of 400 new generation Vande Bharat trains with better energy efficiency and passenger riding experience to be manufactured in next three years."

The KAWACH technology is an indigenously developed anti-collision device to prevent accidents to achieve railways its goal of zero accidents.&nbsp;

She also said that Indian Railways will develop new products and efficient logistics services for small farmers, small and medium enterprises.&nbsp;

"Contracts for implementation of multimodal logistics parks at four locations will be awarded in 2022-23 in PPP mode. Indian Railways to develop new products and efficient logistics services for small farmers, small and medium enterprises. One Station One Product to be popularised to help local businesses and supply chains," she said.&nbsp;

Overall, this year's Union Budget seeks to lay the foundation and give a blueprint of the economy over 'Amrit Kal' of next 25 years - from India at 75 to India at 100.&nbsp;

Reflecting on the economy, Sitharaman said that India's growth is estimated to be at 9.2 per cent, the highest among all large economies as the nation is now in a strong position to withstand challenges, such as coronavirus (COVID-19).&nbsp;

A gift to the Indian Railways as the country's Finance Minister Nirmala Sitharaman on Tuesday (February 1) said that about 2,000km of the rail network will be brought under the indigenous world-class technology KAWACH.

A gift to the Indian Railways as the country's Finance Minister Nirmala Sitharaman on Tuesday (February 1) said that about 2,000km of the rail network will be brought under the indigenous world-class technology KAWACH. While announcing this year's Budget, the finance minister also said that 400 new 'Vande Bharat' trains will be manufactured in the next three years. She also said 100 PM Gati Shakti Cargo terminals to be developed during the next three years and implementation of innovative ways for building metro systems. During her address, Sitharaman said, "As a part of Atmanirbhar Bharat, 2,000 km of rail network to be brought under the indigenous world-class technology KAWACH in 2022-23, for safety and capacity augmentation." "A total of 400 new generation Vande Bharat trains with better energy efficiency and passenger riding experience to be manufactured in next three years." The KAWACH technology is an indigenously developed anti-collision device to prevent accidents to achieve railways its goal of zero accidents. She also said that Indian Railways will develop new products and efficient logistics services for small farmers, small and medium enterprises. "Contracts for implementation of multimodal logistics parks at four locations will be awarded in 2022-23 in PPP mode. Indian Railways to develop new products and efficient logistics services for small farmers, small and medium enterprises. One Station One Product to be popularised to help local businesses and supply chains," she said. Overall, this year's Union Budget seeks to lay the foundation and give a blueprint of the economy over 'Amrit Kal' of next 25 years - from India at 75 to India at 100. Reflecting on the economy, Sitharaman said that India's growth is estimated to be at 9.2 per cent, the highest among all large economies as the nation is now in a strong position to withstand challenges, such as coronavirus (COVID-19).

India's Railway Budget: 400 new-gen 'Vande Bharat' trains, 2000km of network will be brought under KAWACH tech

Ahead of India's Budget Session, the country's Prime Minister Narendra Modi urged the Members of Parliament (MPs) to hold discussions with an open mind, aiming to take the country on the path of development.&nbsp;

During his address on Monday (January 31) PM Modi also said that the Budget Session will be made as fruitful as possible.

"The more fruitful we make this session, the better opportunity there would be in the coming year to take the country to new economic heights," he said.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/halwa-ceremony-coronavirus-forces-india-to-drop-a-customary-tradition-ahead-of-budget-2022-presentation-448470">Halwa ceremony: Coronavirus forces India to drop a customary tradition ahead of Budget 2022 presentation</a>

This session instils confidence in the world regarding India's economic progress, vaccination programme, Made in India vaccines. "In this session too, discussions, issues of discussions and open-minded debates can become an important opportunity for global impact."

This year's budget and the budget session in the Parliament is crucial as it comes ahead of assembly polls in five states - Uttar Pradesh, Punjab, Manipur, Uttarakhand, Goa.&nbsp;

"True that polls affect sessions and debates. But I request all MPs that elections will go on but Budget Session draws a blueprint for an entire year and therefore, it is very important," PM Modi said.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/indias-union-budget-2022-will-be-available-on-mobile-app-heres-how-to-download-on-android-and-ios-448501">India's Union Budget 2022 will be available on mobile app: Here's how to download on Android and iOS</a>

With the Budget Session of Parliament commencing on Monday, the government is all set to lay Economic Survey 2021-22 along with Statistical Appendix in both Houses.&nbsp;

Economic Survey 2021-22 and the Statistical Appendix will be laid on the table of the Lok Sabha at around 12.45pm (local time) by India's Finance Minister Nirmala Sitharaman. While it will be tabled in Upper House a few minutes after the House assembles at 2.30pm (local time).&nbsp;

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<blockquote class="twitter-tweet">
Speaking at the start of the Budget Session. <a href="https://t.co/nijuHzfoIm">https://t.co/nijuHzfoIm</a>
— Narendra Modi (@narendramodi) <a href="https://twitter.com/narendramodi/status/1488016087253876736?ref_src=twsrc%5Etfw">January 31, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

&nbsp;

Ahead of India's Budget Session, the country's Prime Minister Narendra Modi urged the Members of Parliament (MPs) to hold discussions with an open mind, aiming to take the country on the path of development.

Ahead of India's Budget Session, the country's Prime Minister Narendra Modi urged the Members of Parliament (MPs) to hold discussions with an open mind, aiming to take the country on the path of development. During his address on Monday (January 31) PM Modi also said that the Budget Session will be made as fruitful as possible. "The more fruitful we make this session, the better opportunity there would be in the coming year to take the country to new economic heights," he said. ALSO READ | Halwa ceremony: Coronavirus forces India to drop a customary tradition ahead of Budget 2022 presentation This session instils confidence in the world regarding India's economic progress, vaccination programme, Made in India vaccines. "In this session too, discussions, issues of discussions and open-minded debates can become an important opportunity for global impact." This year's budget and the budget session in the Parliament is crucial as it comes ahead of assembly polls in five states - Uttar Pradesh, Punjab, Manipur, Uttarakhand, Goa. "True that polls affect sessions and debates. But I request all MPs that elections will go on but Budget Session draws a blueprint for an entire year and therefore, it is very important," PM Modi said. ALSO READ | India's Union Budget 2022 will be available on mobile app: Here's how to download on Android and iOS With the Budget Session of Parliament commencing on Monday, the government is all set to lay Economic Survey 2021-22 along with Statistical Appendix in both Houses. Economic Survey 2021-22 and the Statistical Appendix will be laid on the table of the Lok Sabha at around 12.45pm (local time) by India's Finance Minister Nirmala Sitharaman. While it will be tabled in Upper House a few minutes after the House assembles at 2.30pm (local time). Speaking at the start of the Budget Session. https://t.co/nijuHzfoIm — Narendra Modi (@narendramodi) January 31, 2022 ×

Ahead of India's Budget Session 2022, PM Narendra Modi urges MPs to discuss with open mind

The UK government will introduce new legislation allowing it to change or scrap retained European Union laws, Prime Minister Boris Johnson announced Monday to mark two years since&nbsp;Brexit.

The new "Brexit&nbsp;Freedoms Bill" will make it easier to amend or remove what he called "outdated" EU laws that London has kept on its statute books as a "bridging measure" after leaving the bloc.&nbsp;

It will be part of what the British leader dubbed a "major cross-government drive to reform, repeal and replace" the European laws retained and cut red tape for businesses.

"The plans we have set out today will further unleash the benefits of&nbsp;Brexit&nbsp;and ensure that businesses can spend more of their money investing, innovating and creating jobs," Johnson said in a statement.

"Our new&nbsp;Brexit&nbsp;Freedoms Bill will end the special status of EU law in our legal framework and ensure that we can more easily amend or remove outdated EU law in future."&nbsp;

The move is part of a flurry of announcements expected imminently from the government in key policy areas, as it also grapples with the growing international crisis over Russia's military build-up near Ukraine.&nbsp;

However, critics have accused Johnson of rushing out half-baked plans and so-called "red meat" policies to shore up support among his own increasingly disgruntled Conservative MPs.

That follows persistent calls for him to resign over claims of lockdown-breaching parties in Downing Street and several other recent scandals.

Britain left the EU on January 31, 2020, but continued to abide by most of its rules and regulations until the start of 2021 under the terms of its withdrawal deal.

Although it then left the 27-member bloc's single market and customs union, it kept many European laws on the books, pledging to change or repeal them individually post-Brexit.

Meanwhile, the government insists it has made "huge strides" outside the EU, striking some trade deals with countries and forging a new independent foreign policy built around a "global Britain" mantra.

But it has also been beset by issues blamed on&nbsp;Brexit, with the increased paperwork needed causing delays and even shortages of products while some industries complain of growing labour shortages.

Meanwhile, special arrangements agreed for Northern Ireland, aiming to avoid a "hard" border on the island of Ireland, have proved highly contentious there and led to increased political instability.

The UK government will introduce new legislation allowing it to change or scrap retained European Union laws, Prime Minister Boris Johnson announced Monday to mark two years since Brexit.

The UK government will introduce new legislation allowing it to change or scrap retained European Union laws, Prime Minister Boris Johnson announced Monday to mark two years since Brexit. The new "Brexit Freedoms Bill" will make it easier to amend or remove what he called "outdated" EU laws that London has kept on its statute books as a "bridging measure" after leaving the bloc. It will be part of what the British leader dubbed a "major cross-government drive to reform, repeal and replace" the European laws retained and cut red tape for businesses. "The plans we have set out today will further unleash the benefits of Brexit and ensure that businesses can spend more of their money investing, innovating and creating jobs," Johnson said in a statement. "Our new Brexit Freedoms Bill will end the special status of EU law in our legal framework and ensure that we can more easily amend or remove outdated EU law in future." The move is part of a flurry of announcements expected imminently from the government in key policy areas, as it also grapples with the growing international crisis over Russia's military build-up near Ukraine. However, critics have accused Johnson of rushing out half-baked plans and so-called "red meat" policies to shore up support among his own increasingly disgruntled Conservative MPs. That follows persistent calls for him to resign over claims of lockdown-breaching parties in Downing Street and several other recent scandals. Britain left the EU on January 31, 2020, but continued to abide by most of its rules and regulations until the start of 2021 under the terms of its withdrawal deal. Although it then left the 27-member bloc's single market and customs union, it kept many European laws on the books, pledging to change or repeal them individually post-Brexit. Meanwhile, the government insists it has made "huge strides" outside the EU, striking some trade deals with countries and forging a new independent foreign policy built around a "global Britain" mantra. But it has also been beset by issues blamed on Brexit, with the increased paperwork needed causing delays and even shortages of products while some industries complain of growing labour shortages. Meanwhile, special arrangements agreed for Northern Ireland, aiming to avoid a "hard" border on the island of Ireland, have proved highly contentious there and led to increased political instability.

UK vows 'Brexit Freedoms Bill' to scrap European Union laws

Scientists and experts are investigating how cannabis can help in treating diseases like cancer and coronavirus as some researchers recently revealed that cannabidiol (CBD) might help block infection with the virus that causes COVID-19.&nbsp;

The laboratory studies found that CBD has shown promising results but a further probe is needed and the effect still needs to be tested on humans.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/science/can-weed-cure-covid-cannabis-compound-stops-coronavirus-in-test-tube-447858">Can weed cure Covid? Cannabis compound stops coronavirus in test tube</a>

But there are cons too. As we all know cannabis use remains illegal in most countries but in recent years, some nations have legalised to grow it. But how will it impact the brain? Here's a study:

The latest analysis of previous research on the impact of cannabis (or marijuana) on people's cognition, especially on the young generation found many of the known learning and memory difficulties could stay on for weeks.&nbsp;

The difficulties such as issues with slowed processing speed and facing challenges while focusing. Researchers from the University of Montreal established that verbal learning, retention and recall were affected even when the person was no longer high, that too for longer periods.&nbsp;

Part of the study read: "Cannabis consumption is often related to impairments in cognitive function [26], although cannabis does not seem to lead to deficits in cognitive domains equally and there are unresolved conundrums that need to be further addressed to grasp the differential acute and residual effects of cannabis use on cognition."

ALSO READ |&nbsp;<a href="https://www.wionews.com/science/zoologist-resolves-100-year-old-mystery-of-why-this-insect-can-float-in-water-449037">Zoologist resolves 100-year-old mystery of why this insect can float in water</a>

The study revealed that cannabis is among the most consumed psychoactive substances worldwide and considering the changing policy trends regarding the substance, it is crucial to understand more clearly the&nbsp;potential acute and residual adverse effects. Cognitive function is one of the targeted areas with conflicting findings.&nbsp;

Dr Sharon Levy, director of the Adolescent Substance Use and Addiction Program at Boston Children's Hospital said as quoted by NBC News that marijuana taps into brain systems that use endocannabinoids (cannabis-like substances that occur naturally in the body).&nbsp;

Levy, who is also an associate professor of paediatrics at Harvard Medical School said: "When you consume cannabis you're really flooding the system with the psychoactive plant chemical THC (tetrahydrocannabinol), which in the short term is really great at hijacking the brain’s reward system."

Dr Levy said that there are immediate cognitive problems including lasting residual effects of cannabis usage by teens and young adults years.&nbsp;

Scientists and experts are investigating how cannabis can help in treating diseases like cancer and coronavirus as some researchers recently revealed that cannabidiol (CBD) might help block infection with the virus that causes COVID-19.

Scientists and experts are investigating how cannabis can help in treating diseases like cancer and coronavirus as some researchers recently revealed that cannabidiol (CBD) might help block infection with the virus that causes COVID-19. The laboratory studies found that CBD has shown promising results but a further probe is needed and the effect still needs to be tested on humans. ALSO READ | Can weed cure Covid? Cannabis compound stops coronavirus in test tube But there are cons too. As we all know cannabis use remains illegal in most countries but in recent years, some nations have legalised to grow it. But how will it impact the brain? Here's a study: The latest analysis of previous research on the impact of cannabis (or marijuana) on people's cognition, especially on the young generation found many of the known learning and memory difficulties could stay on for weeks. The difficulties such as issues with slowed processing speed and facing challenges while focusing. Researchers from the University of Montreal established that verbal learning, retention and recall were affected even when the person was no longer high, that too for longer periods. Part of the study read: "Cannabis consumption is often related to impairments in cognitive function [26], although cannabis does not seem to lead to deficits in cognitive domains equally and there are unresolved conundrums that need to be further addressed to grasp the differential acute and residual effects of cannabis use on cognition." ALSO READ | Zoologist resolves 100-year-old mystery of why this insect can float in water The study revealed that cannabis is among the most consumed psychoactive substances worldwide and considering the changing policy trends regarding the substance, it is crucial to understand more clearly the potential acute and residual adverse effects. Cognitive function is one of the targeted areas with conflicting findings. Dr Sharon Levy, director of the Adolescent Substance Use and Addiction Program at Boston Children's Hospital said as quoted by NBC News that marijuana taps into brain systems that use endocannabinoids (cannabis-like substances that occur naturally in the body). Levy, who is also an associate professor of paediatrics at Harvard Medical School said: "When you consume cannabis you're really flooding the system with the psychoactive plant chemical THC (tetrahydrocannabinol), which in the short term is really great at hijacking the brain’s reward system." Dr Levy said that there are immediate cognitive problems including lasting residual effects of cannabis usage by teens and young adults years.

Marijuana use can cause long-term effects on brain's cognitive function: Study

India's Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on Tuesday (February 1) as the country is reviving from the onslaughts of the ongoing coronavirus (COVID-19) pandemic.

India's Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on Tuesday (February 1) as the country is reviving from the onslaughts of the ongoing coronavirus (COVID-19) pandemic. As the Indian government continues to put efforts to recover from the pandemic-caused losses, the country's economy is showing strong signs of recovery and has again emerged as among the fastest-growing economies in the world. In simple terms, a budget is a financial plan for a defined period, often one year. It is the sum of finances allocated for a particular purpose and the summary of intended expenditures along with proposals for how to meet them. ALSO READ | India's Union Budget 2022 will be available on mobile app: Here's how to download on Android and iOS Ahead of the Budget presentation, here's a report on expenditure and revenue budgets. Expenditure budget: The allocation of funds for disbursement to various ministries, departments and sectors is the Expenditure Budget. Revenue budget: It consists of revenue receipts of the government and the expenditure met from these revenues. Revenues are made up of taxes and other duties that the government levies. WATCH WION's analysis | India's Budget 2022 with Gautam Chikermane: Taxation, investments and stock markets × In this year's budget, the customary 'halwa ceremony' to mark the final stage of the budget-making exercise was not held due to the Covid protocols. Instead, the government distributed packed sweets among the core staff members involved in the budget-making. The budget session of parliament is being held in two parts. The first part will continue till February 11 and the second part from March 14 to April 8.

India Union Budget 2022: What are expenditure and revenue budgets?

Kyiv has urged Russia to pull back its troops from Ukraine's border and must continue diplomatic engagement with the West if Moscow is serious when it says it doesn't want a new war.&nbsp;

Moscow has deployed tens of thousands of troops, weapons, tanks, ammunition on the border of Ukraine, causing fears of invasion and resulting Russia-West relations at the lowest point since the Cold War.&nbsp;

However, pushing forward the efforts to de-escalate the heightened tensions between the two countries, Ukrainian Foreign Minister Dmytro Kuleba re-affirmed the continuation of diplomatic engagement between Russia and the West countries. &nbsp;

Kuleba tweeted: "If Russian officials are serious when they say they don't want a new war, Russia must continue diplomatic engagement and pull back military forces it amassed along Ukraine's borders and in the temporarily occupied territories of Ukraine." "Diplomacy is the only responsible way," he said.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/we-want-mutually-respectful-ties-with-us-says-russian-foreign-minister-448989">We want 'mutually respectful' ties with US, says Russian foreign minister&nbsp;</a>

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<blockquote class="twitter-tweet">
If Russian officials are serious when they say they don’t want a new war, Russia must continue diplomatic engagement and pull back military forces it amassed along Ukraine’s borders and in the temporarily occupied territories of Ukraine. Diplomacy is the only responsible way.
— Dmytro Kuleba (@DmytroKuleba) <a href="https://twitter.com/DmytroKuleba/status/1487824698964680704?ref_src=twsrc%5Etfw">January 30, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

Moscow has denied fears for an invasion and said it does not want war but is seeking security guarantees from Washington and NATO to curb the eastwards expansion of the alliance.

These include a guarantee that NATO will not admit new members, in particular Ukraine, and the United States will not establish new military bases in ex-Soviet countries.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/russia-ukraine-crisis-uk-to-offer-nato-military-deployment-in-europe-kyiv-urges-west-to-be-firm-in-talks-448866">Russia-Ukraine crisis: UK to offer NATO military deployment in Europe; Kyiv urges West to be 'firm' in talks</a>

On one side Ukraine is advocating for diplomatic ways to diffuse the situation, on the other hand, Kyiv is also urging the West to remain "vigilant and firm" in its talks with Russia.&nbsp;

On Saturday, in a phone conversation with French counterpart Yves Le Drian, Kuleba weighed in on de-escalation efforts. Kuleba urged the West to remain "vigilant and firm in contacts with the Russian side"&nbsp;

As per the statement, the talks between the two highlighted the need to "refrain from steps that could fuel anxiety" in Ukrainian society. Also, the need to "undermine the financial stability".&nbsp;

ALSO READ |&nbsp;US officials threaten to impose sanction on Russia if latter invades Ukraine

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/us-officials-threaten-to-impose-sanction-on-russia-if-latter-invades-ukraine-449014/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>
</div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

&nbsp;

Kyiv has urged Russia to pull back its troops from Ukraine's border and must continue diplomatic engagement with the West if Moscow is serious when it says it doesn't want a new war.

Kyiv has urged Russia to pull back its troops from Ukraine's border and must continue diplomatic engagement with the West if Moscow is serious when it says it doesn't want a new war. Moscow has deployed tens of thousands of troops, weapons, tanks, ammunition on the border of Ukraine, causing fears of invasion and resulting Russia-West relations at the lowest point since the Cold War. However, pushing forward the efforts to de-escalate the heightened tensions between the two countries, Ukrainian Foreign Minister Dmytro Kuleba re-affirmed the continuation of diplomatic engagement between Russia and the West countries. Kuleba tweeted: "If Russian officials are serious when they say they don't want a new war, Russia must continue diplomatic engagement and pull back military forces it amassed along Ukraine's borders and in the temporarily occupied territories of Ukraine." "Diplomacy is the only responsible way," he said. ALSO READ | We want 'mutually respectful' ties with US, says Russian foreign minister If Russian officials are serious when they say they don’t want a new war, Russia must continue diplomatic engagement and pull back military forces it amassed along Ukraine’s borders and in the temporarily occupied territories of Ukraine. Diplomacy is the only responsible way. — Dmytro Kuleba (@DmytroKuleba) January 30, 2022 × Moscow has denied fears for an invasion and said it does not want war but is seeking security guarantees from Washington and NATO to curb the eastwards expansion of the alliance. These include a guarantee that NATO will not admit new members, in particular Ukraine, and the United States will not establish new military bases in ex-Soviet countries. ALSO READ | Russia-Ukraine crisis: UK to offer NATO military deployment in Europe; Kyiv urges West to be 'firm' in talks On one side Ukraine is advocating for diplomatic ways to diffuse the situation, on the other hand, Kyiv is also urging the West to remain "vigilant and firm" in its talks with Russia. On Saturday, in a phone conversation with French counterpart Yves Le Drian, Kuleba weighed in on de-escalation efforts. Kuleba urged the West to remain "vigilant and firm in contacts with the Russian side" As per the statement, the talks between the two highlighted the need to "refrain from steps that could fuel anxiety" in Ukrainian society. Also, the need to "undermine the financial stability". ALSO READ | US officials threaten to impose sanction on Russia if latter invades Ukraine ×

Amid war-like situation, Ukraine asks Russia to pull back troops: 'Diplomacy is the only responsible way'

Boris Johnson's former chief adviser Dominic Cummings has said that it is his "duty" to get rid of Johnson as the prime minister of the United Kingdom and also called him a "complete f**kwit".&nbsp;

Cummings' lastest bombshell interview with&nbsp;New York Magazine comes as Johnson has been facing persistent calls for resignation over claims of lockdown-breaching parties in Downing Street in 2020, when such gatherings were banned across the country.&nbsp;

In the interview, Cummings said that Johnson was preoccupied with media coverage and believed he was "the f**king king". He said, "You know, as he said to me, 'I'm the f**king king around here and I'm going to do what I want."&nbsp;

IN PICS |&nbsp;<a href="https://www.wionews.com/photos/from-rishi-sunak-to-priti-patel-who-could-replace-uk-pm-boris-johnson-448996">From Rishi Sunak to Priti Patel: Who could replace UK PM Boris Johnson?</a>

Johnson has been criticised over a range of issues such as handling of the coronavirus (COVID-19) pandemic, reported Downing Street parties during&nbsp;lockdown, questions over a pricey refurbishment of his apartment and the chaotic troops' withdrawal from Afghanistan.&nbsp;

Among all, the lockdown breaching parties have become the talk of the town after media reported that at least 15 gatherings took place at Johnson's 10 Downing Street residence or in other government departments between May 2020 and April 2021, when COVID-19 rules limited how many people could meet socially.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/russia-ukraine-crisis-uk-to-offer-nato-military-deployment-in-europe-kyiv-urges-west-to-be-firm-in-talks-448866">Russia-Ukraine crisis: UK to offer NATO military deployment in Europe; Kyiv urges West to be 'firm' in talks</a>

Sue Gray, a senior civil servant, is leading an inquiry. She has not said when her findings will be published, but they had been expected later this week.&nbsp;

Meanwhile, on being asked about fairness, Cummings said: "What's fairness got to do with anything? It's politics. All this is not fair. The fact that someone wins an election doesn't mean that they should just stay there for years, right? If you've got a duffer, if you think someone can't do the job, or is unfit for the job."

"You know, as he said to me: 'I'm the f**king king around here and I'm going to do what I want.'"

"That’s not okay. He's not the king. He can't do what he wants. Once&nbsp;you realise someone is operating like that then your duty is to get rid of them, not to just prop them up," he added.&nbsp;

WATCH |&nbsp;British voters loose faith in PM Boris Johnson, reveals Yougov poll

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/british-voters-loose-faith-in-pm-boris-johnson-reveals-yougov-poll-449066/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>
</div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

&nbsp;

Boris Johnson's former chief adviser Dominic Cummings has said that it is his "duty" to get rid of Johnson as the prime minister of the United Kingdom and also called him a "complete f**kwit".

Boris Johnson's former chief adviser Dominic Cummings has said that it is his "duty" to get rid of Johnson as the prime minister of the United Kingdom and also called him a "complete f**kwit". Cummings' lastest bombshell interview with New York Magazine comes as Johnson has been facing persistent calls for resignation over claims of lockdown-breaching parties in Downing Street in 2020, when such gatherings were banned across the country. In the interview, Cummings said that Johnson was preoccupied with media coverage and believed he was "the f**king king". He said, "You know, as he said to me, 'I'm the f**king king around here and I'm going to do what I want." IN PICS | From Rishi Sunak to Priti Patel: Who could replace UK PM Boris Johnson? Johnson has been criticised over a range of issues such as handling of the coronavirus (COVID-19) pandemic, reported Downing Street parties during lockdown, questions over a pricey refurbishment of his apartment and the chaotic troops' withdrawal from Afghanistan. Among all, the lockdown breaching parties have become the talk of the town after media reported that at least 15 gatherings took place at Johnson's 10 Downing Street residence or in other government departments between May 2020 and April 2021, when COVID-19 rules limited how many people could meet socially. ALSO READ | Russia-Ukraine crisis: UK to offer NATO military deployment in Europe; Kyiv urges West to be 'firm' in talks Sue Gray, a senior civil servant, is leading an inquiry. She has not said when her findings will be published, but they had been expected later this week. Meanwhile, on being asked about fairness, Cummings said: "What's fairness got to do with anything? It's politics. All this is not fair. The fact that someone wins an election doesn't mean that they should just stay there for years, right? If you've got a duffer, if you think someone can't do the job, or is unfit for the job." "You know, as he said to me: 'I'm the f**king king around here and I'm going to do what I want.'" "That’s not okay. He's not the king. He can't do what he wants. Once you realise someone is operating like that then your duty is to get rid of them, not to just prop them up," he added. WATCH | British voters loose faith in PM Boris Johnson, reveals Yougov poll ×

'He's not the king': UK PM's former chief adviser says it's his job to 'get rid of' Boris Johnson

Indian Prime Minister Narendra Modi declared that January 16 will be celebrated as 'National Startup Day' annually as he pushed forward the Make in India initiative to encourage companies to develop, manufacture and assemble products in India.&nbsp;

PM Modi termed startups the "backbone" of new India and the engine that will power the nation's economic growth.&nbsp;

The Make in India initiative is also focused to incentivise dedicated investments into manufacturing. But how the startups will be benefitted from India's Union Budget 2022-2023. Here's a report:&nbsp;

India's Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on February 1 and the startups have urged the government to relax the tax burden amid the coronavirus (COVID-19) crisis.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/halwa-ceremony-coronavirus-forces-india-to-drop-a-customary-tradition-ahead-of-budget-2022-presentation-448470">Halwa ceremony: Coronavirus forces India to drop a customary tradition ahead of Budget 2022 presentation</a>

From this year's Budget, people would be expecting tax exemption along with policies that are startup-friendly.&nbsp;

The policies should be such that can help the entrepreneurs to invest in innovation, research and development. There is a need to promote the ease of doing business and reduce compliance costs.&nbsp;

Companies would also be expecting subsidies, especially in the electronic vehicle sector, experts have claimed. There would also be expectations that the government will expand the startup and Made in India initiative. The move will help home-grown brands grow in Indian markets, reducing dependency on imports.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/indias-union-budget-2022-will-be-available-on-mobile-app-heres-how-to-download-on-android-and-ios-448501">India's Union Budget 2022 will be available on mobile app: Here's how to download on Android and iOS</a>

India's startup sector is one of the shining examples of the Indian economy over the past two years. Going forward, 2022 is supposed to be even more optimistic, with more hopes for the startup ecosystem.

Watch WION's analysis:

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/bright-outlook-for-indias-startup-ecosystem-ahead-of-budget-2022-448019/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>
</div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

To give a broader perspective, here are some other examples. As quoted by India-based ABP news, Abhishek Pathak, who is the founder and CEO of Greenwear said, "I expect the budget to lay down a 5-year plan to increase participation/usage of renewable energy resources by decentralized small industries and craft sector."

"The government should ensure growth in procurement from start-ups working with renewable energy resources. The textile industry alone has the potential to reduce carbon footprint by a huge margin along with creating jobs at the local level," he added.&nbsp;

The mentioned news channel also quoted Pankit Desai, who is co-founder and CEO of Sequretek that is a Cybersecurity company, said, "For startups, the fundamental issue continues to be ease of doing business and helping ease cash flow challenges."

During his recent address, the Indian Prime Minister said that the start-ups are going to be the "backbone of new India" and when the country will complete 100 years of independence, start-ups will have an important role.&nbsp;

PM Modi had said that country's innovators are making the country proud globally.&nbsp;

Indian Prime Minister Narendra Modi declared that January 16 will be celebrated as 'National Startup Day' annually as he pushed forward the Make in India initiative to encourage companies to develop, manufacture and assemble products in India.

Indian Prime Minister Narendra Modi declared that January 16 will be celebrated as 'National Startup Day' annually as he pushed forward the Make in India initiative to encourage companies to develop, manufacture and assemble products in India. PM Modi termed startups the "backbone" of new India and the engine that will power the nation's economic growth. The Make in India initiative is also focused to incentivise dedicated investments into manufacturing. But how the startups will be benefitted from India's Union Budget 2022-2023. Here's a report: India's Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on February 1 and the startups have urged the government to relax the tax burden amid the coronavirus (COVID-19) crisis. ALSO READ | Halwa ceremony: Coronavirus forces India to drop a customary tradition ahead of Budget 2022 presentation From this year's Budget, people would be expecting tax exemption along with policies that are startup-friendly. The policies should be such that can help the entrepreneurs to invest in innovation, research and development. There is a need to promote the ease of doing business and reduce compliance costs. Companies would also be expecting subsidies, especially in the electronic vehicle sector, experts have claimed. There would also be expectations that the government will expand the startup and Made in India initiative. The move will help home-grown brands grow in Indian markets, reducing dependency on imports. ALSO READ | India's Union Budget 2022 will be available on mobile app: Here's how to download on Android and iOS India's startup sector is one of the shining examples of the Indian economy over the past two years. Going forward, 2022 is supposed to be even more optimistic, with more hopes for the startup ecosystem. Watch WION's analysis: × To give a broader perspective, here are some other examples. As quoted by India-based ABP news, Abhishek Pathak, who is the founder and CEO of Greenwear said, "I expect the budget to lay down a 5-year plan to increase participation/usage of renewable energy resources by decentralized small industries and craft sector." "The government should ensure growth in procurement from start-ups working with renewable energy resources. The textile industry alone has the potential to reduce carbon footprint by a huge margin along with creating jobs at the local level," he added. The mentioned news channel also quoted Pankit Desai, who is co-founder and CEO of Sequretek that is a Cybersecurity company, said, "For startups, the fundamental issue continues to be ease of doing business and helping ease cash flow challenges." During his recent address, the Indian Prime Minister said that the start-ups are going to be the "backbone of new India" and when the country will complete 100 years of independence, start-ups will have an important role. PM Modi had said that country's innovators are making the country proud globally.

What can the start-ups in India expect from country's Union Budget 2022-23?

Questions about Tom Brady’s future intensified Saturday after reports surfaced that he planned to retire after 22 seasons in the NFL. His agent declined to put a timetable on such a decision or to confirm the veracity of the reports.

“Without getting into the accuracy or inaccuracy of what’s being reported, Tom will be the only person to express his plans with complete accuracy,” Don Yee, Brady’s agent, said Saturday in a statement. “He knows the realities of the football business and planning calendar as well as anybody, so that should be soon.”

Brady, who once said that he would retire only when his performance started to decline, this season led the league in passing yards (5,316), completions (485) and touchdowns (43) for the Tampa Bay Buccaneers. Brady, 44, and the Buccaneers lost last week in the divisional round of the playoffs to the Los Angeles Rams, after he nearly led his team to yet another incredible comeback.

Brady is under contract with the Buccaneers through the 2022 season, but the team would get back $16 million of his signing bonus should he retire.

ESPN’s Adam Schefter and Jeff Darlington first reported that Brady would be retiring around 2:30 p.m. Eastern time on Saturday, citing “multiple sources.” Brady’s lifestyle brand, TB12, appeared to confirm the news on its Twitter account minutes later, but it subsequently deleted its post.

At the time of the news breaking, a representative from the Buccaneers said he was unable to confirm Brady’s retirement. Bruce Arians, the team’s head coach, told the Tampa Bay Times that Brady had not informed the organization of his plans to retire.

Adding to the confusion, Brady’s retirement was splashed on the front of NFL.com, which cited its insider reporter Ian Rapoport. The retirement was also heavily covered by the NFL’s official social media accounts.

A league spokesman, Brian McCarthy, meanwhile, said the NFL had not been officially informed that Brady is retiring. The NFL is not only a football league but also a media company competing to report news like any other, two ends that sometimes awkwardly intersect.

Yee’s statement attempted to pause the commotion and, potentially, allow Brady to announce his future plans on his own terms, but the news cycle was already churning. At 4 p.m. Eastern time, Mike Silver reported for Bally Sports that Brady had contacted Buccaneers general manager Jason Licht to tell him he had not made a final decision on retirement. Bay Area news station KRON followed with a report citing Brady’s father, Tom Brady Sr., as saying that his son is not retiring.

ESPN said in a statement that it stood by the reporting of Schefter and Darlington, and Schefter reiterated that position on-air during an appearance on the network during halftime of a telecast of a college basketball game.

Brady’s public comments in the days since Tampa Bay’s season ended had seemed to point to his retirement. On his “Let’s Go!” podcast with Jim Gray last week, he talked about wanting to be more available for his wife, Gisele Bundchen, and three children and said he would make a decision with them about what’s next.

If this is it, so many details of Brady’s career sound apocryphal. His seven championships are more than any franchise has won. He would retire as the NFL’s career leader in touchdown passes, yardage and victories. He was named Super Bowl MVP five times. Only one other quarterback, John Elway, even started in five Super Bowls.

Brady rose to stardom with the New England Patriots, ascending from a sixth-round draft pick in 2000, No. 199 overall, to the most prominent on-field member of an enduring dynasty. But with the Patriots unwilling to sign him to a long-term contract, Brady in March 2020 bolted for the Buccaneers, leaving the only team and head coach he ever played for, Bill Belichick, for one of the NFL’s least successful franchises.

With the Buccaneers, Brady mastered a new offense, adjusted to new teammates and coaches and dominated the league, all while the coronavirus pandemic restricted in-person contact. He won his seventh title, over Kansas City, in February in the Buccaneers’ home stadium.

Questions about Tom Brady’s future intensified Saturday after reports surfaced that he planned to retire after 22 seasons in the NFL. His agent declined to put a timetable on such a decision or to confirm the veracity of the reports.

Questions about Tom Brady’s future intensified Saturday after reports surfaced that he planned to retire after 22 seasons in the NFL. His agent declined to put a timetable on such a decision or to confirm the veracity of the reports. “Without getting into the accuracy or inaccuracy of what’s being reported, Tom will be the only person to express his plans with complete accuracy,” Don Yee, Brady’s agent, said Saturday in a statement. “He knows the realities of the football business and planning calendar as well as anybody, so that should be soon.” Brady, who once said that he would retire only when his performance started to decline, this season led the league in passing yards (5,316), completions (485) and touchdowns (43) for the Tampa Bay Buccaneers. Brady, 44, and the Buccaneers lost last week in the divisional round of the playoffs to the Los Angeles Rams, after he nearly led his team to yet another incredible comeback. Brady is under contract with the Buccaneers through the 2022 season, but the team would get back $16 million of his signing bonus should he retire. ESPN’s Adam Schefter and Jeff Darlington first reported that Brady would be retiring around 2:30 p.m. Eastern time on Saturday, citing “multiple sources.” Brady’s lifestyle brand, TB12, appeared to confirm the news on its Twitter account minutes later, but it subsequently deleted its post. At the time of the news breaking, a representative from the Buccaneers said he was unable to confirm Brady’s retirement. Bruce Arians, the team’s head coach, told the Tampa Bay Times that Brady had not informed the organization of his plans to retire. Adding to the confusion, Brady’s retirement was splashed on the front of NFL.com, which cited its insider reporter Ian Rapoport. The retirement was also heavily covered by the NFL’s official social media accounts. A league spokesman, Brian McCarthy, meanwhile, said the NFL had not been officially informed that Brady is retiring. The NFL is not only a football league but also a media company competing to report news like any other, two ends that sometimes awkwardly intersect. Yee’s statement attempted to pause the commotion and, potentially, allow Brady to announce his future plans on his own terms, but the news cycle was already churning. At 4 p.m. Eastern time, Mike Silver reported for Bally Sports that Brady had contacted Buccaneers general manager Jason Licht to tell him he had not made a final decision on retirement. Bay Area news station KRON followed with a report citing Brady’s father, Tom Brady Sr., as saying that his son is not retiring. ESPN said in a statement that it stood by the reporting of Schefter and Darlington, and Schefter reiterated that position on-air during an appearance on the network during halftime of a telecast of a college basketball game. Brady’s public comments in the days since Tampa Bay’s season ended had seemed to point to his retirement. On his “Let’s Go!” podcast with Jim Gray last week, he talked about wanting to be more available for his wife, Gisele Bundchen, and three children and said he would make a decision with them about what’s next. If this is it, so many details of Brady’s career sound apocryphal. His seven championships are more than any franchise has won. He would retire as the NFL’s career leader in touchdown passes, yardage and victories. He was named Super Bowl MVP five times. Only one other quarterback, John Elway, even started in five Super Bowls. Brady rose to stardom with the New England Patriots, ascending from a sixth-round draft pick in 2000, No. 199 overall, to the most prominent on-field member of an enduring dynasty. But with the Patriots unwilling to sign him to a long-term contract, Brady in March 2020 bolted for the Buccaneers, leaving the only team and head coach he ever played for, Bill Belichick, for one of the NFL’s least successful franchises. With the Buccaneers, Brady mastered a new offense, adjusted to new teammates and coaches and dominated the league, all while the coronavirus pandemic restricted in-person contact. He won his seventh title, over Kansas City, in February in the Buccaneers’ home stadium.

Speculation about Tom Brady's retirement intensifies

Author

Zee News Rajasthan

Editor

Srishti Sisodia

Home

Live Tv

Latest

World

India

Business

Entertainment

Sports

Opinions

Videos

Photos

Gravitas

Lifestyle

Science

Tech

Rajasthan News in Hindi: In-depth coverage of Rajasthan Crime, Political News, Education, Rajasthan Weather Update and Latest Rajasthan News on Zee News Rajasthan.