'The original provision will be restored. AMT is meant only for those claiming deductions, not for firms earning regular income like capital gains,' a senior government official said.
Uttar Pradesh authorities have registered 74 cases and arrested 75 people in connection with the illegal storage and sale of codeine-based cough syrup. A minister alleges links to the Samajwadi Party and an SIT is investigating.
Maharashtra Deputy Chief Minister Ajit Pawar on Saturday said officials responsible for registering documents should have refused to process agreements that were not permissible under the law and clearly informed the parties concerned about such limitations.
'Kashmir needs to be divided and we need the land of Panun Kashmir in Kashmir.'
Pakistan on Saturday brought in a Constitutional amendment to create a new post of chief of defence forces to ensure greater coordination and unified command among the three services.
Opposition parties in India are demanding a discussion on the Special Intensive Revision (SIR) of electoral rolls and national security in the upcoming Winter Session of Parliament. They raised concerns about federalism, national security, and the purity of voter lists during an all-party meeting.
India's nuclear energy share in total installed capacity remains limited, fluctuating between 1.9 per cent and 2.9 per cent from FY10 to FY24.
'When you finally hold that red bag with your personalised Onitsukas inside, it feels like ticking off a very satisfying item on your travel checklist,' discovers Mayur Sanap after visiting Onitsuka Tiger's famous Red Concept store in Tokyo.
While it is expected that the JD-U, a major ally of the Bharatiya Janata Party, will support the Waqf Bill, two JD-U MPs, Union Minister Lalan Singh and party Working President Sanjay Jha met Union Home Minister Amit Shah in Delhi on Tuesday.
Madhya Pradesh minister Kailash Vijayvargiya is facing criticism for his crass comments regarding the water crisis in Indore. This is the latest in a series of controversial remarks made by the veteran politician.
With winter holidays approaching, some Indian travellers will venture abroad. Many will be underprepared for medical and other travel-related risks. Trip disruptions, missed connections, and steep medical costs in developed countries can leave travellers exposed if they underestimate the coverage they need.
Actor-politician Vijay announced his retirement from cinema at the audio launch of his movie 'Jana Nayagan' in Malaysia, citing his dedication to his fans. The event, attended by nearly 1 lakh fans, featured emotional speeches and performances, marking Vijay's farewell before his political career.
Filmmaker Vikram Bhatt and his wife have been arrested in connection with a Rs 30 crore cheating case filed in Rajasthan. They are accused of defrauding an Udaipur-based businessman under the guise of producing a biopic.
Filmmaker Vikram Bhatt and his wife have been arrested in connection with a Rs 30 crore cheating case filed in Rajasthan. They are accused of defrauding an Udaipur-based businessman under the guise of producing a biopic.
While most fans were left disappointed at the stadium, Bollywood superstar Shah Rukh Khan did get his moment with the football legend.
The Bill and Melinda Gates Foundation will scale up its efforts on the African continent, focusing on three key goals over the next 20 years, ending preventable maternal and child deaths, eradicating deadly infectious diseases, and reducing poverty.
'It is not as if Hindus are not being touched at all, and only Muslims are.'
A key leader of Bangladesh's National Citizen Party (NCP), Mahfuz Alam, has distanced himself from the party's alliance with Jamaat-e-Islami, citing ideological differences and concerns over Jamaat's controversial history.
Gold prices surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams in the national capital on Monday, tracking firm global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,33,600 per 10 grams on Friday.
Passenger vehicle dispatches from companies to dealers increased 19 per cent year-on-year in November as demand remained robust post festive period, industry body SIAM said on Friday.
The Supreme Court has sought the Centre's response on a plea seeking the implementation of the 2023 Nari Shakti Vandan Act, which reserves one-third of seats for women in the Lok Sabha and state assemblies.
The Opposition in Maharashtra boycotted the government's customary tea party on the eve of the Winter session, citing its failure to appoint leaders of the opposition (LoPs) in both houses of the state legislature.
India's trade deficit with China is expected to reach $106 billion in 2025 as imports are rising faster than the country's exports to the neighbouring country, think tank GTRI said on Friday.
Overall economic activity continued to hold up in November with demand conditions remaining robust, thanks to strengthening urban demand, but manufacturing and rural demand showed some signs of deceleration even as services remained strong, according to an article on the State of the Economy written by Reserve Bank of India (RBI) officials in the central bank's December bulletin.
The Supreme Court's opinion on the presidential reference can impact on any number of cases if and when governors, if not the President, take a literary view of the Supreme Court's 'ppinion' on their 'discretionary powers' without reference to the rider on 'reasonable time', points out N Sathiya Moorthy.
The Congress will launch a nationwide campaign against the repeal of the United Progressive Alliance-era rural employment legislation Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) on January 5, similar to the pushback against the three farm laws which eventually forced the Narendra Modi government to rollback its decision, party president Mallikarjun Kharge said.
FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.
The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country. A bill to amend the insurance law is likely to be tabled on Monday in Parliament, whose winter session is slated to conclude on December 19.
After a three-month slowdown, India's oil imports (already landed) from Russia bounced back in the first 15 days of October to 1.8 million barrels per day.
As a marriage ages, boredom creeps in and feelings move to the back burner, giving way to monotonous interactions, says rediffGURU Anu Krishna.
On the 40th day of the most extended government shutdown in US history, senators returned from recess Sunday for a rare weekend session, preparing to vote on whether to advance a House-passed spending bill aimed at reopening the government.
The idea is to establish a robust and forward-looking legal framework that addresses the financial stress of power distribution companies, which are facing losses of over 6.9 trillion, while curbing high industrial tariffs that, according to the government, have affected competitiveness, constrained economic growth, and slowed the transition to clean energy.
Star Indian shuttlers Satwiksairaj Rankireddy and Chirag Shetty showed nerves of steel to stun Olympic silver medallists Liang Wei Keng and Wang Chang in their opening Group B match at the BWF World Tour Finals in Hangzhou, China, on Wednesday.
The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.
High energy costs, long a drag on India's manufacturing competitiveness, are finally easing. Power and fuel expenses accounted for 1.98 per cent of net sales in 2024-25, the lowest level in data compiled by the Centre for Monitoring Indian Economy (CMIE) over the past two decades.
His departure comes a day after Musk's first ever criticism of Trump, where he said the President's signature "big, beautiful" spending bill increases budget deficit and undermines the DOGE team's work.
Spending more than US$3 million (Rs 28.40 crore) and nearly 60 percent of their purse on players, who can proverbially be termed as wet behind the ears, does display a change in mindset.
Puzzled about the Waqf Bill? Syed Firdaus Ashraf explains how the amended Waqf law will plug loopholes in the existing legislation.
rediffGURU T S Khurana answers readers' personal income tax queries
Trade unions have decided to launch a phased, consistent struggle to press for the withdrawal of the labour codes and go on a countrywide general strike in February next year, a statement said on Tuesday. The date of the strike will be announced on 22nd December 2025 in the next meeting of the joint forum of central trade unions, a statement said.
