rediffGURU T S Khurana answers readers' personal income tax queries
The Reserve Bank of India's 2024 norms for the voluntary conversion of Small Finance Banks (SFBs) into universal banks, particularly the subjective 'diversified loan portfolio' criterion, are proving to be a significant hurdle, with Ujjivan SFB and Jana SFB having their applications returned.
Newly appointed Bengal Industries Minister Tapas Roy has announced ambitious plans to attract significant investments, particularly from the Tata Group, to revive industrial growth in West Bengal. He aims to restore investor confidence, bring back businesses that left the state, and create an industry-friendly environment focused on manufacturing, services, and renewable energy.
Six of the nine Shiv Sena-UBT Lok Sabha MPs skipped a crucial parliamentary meeting, signalling a likely split and potential merger with the Eknath Shinde-led faction, which could trigger disqualification proceedings under the anti-defection law.
Pakistan Prime Minister Shehbaz Sharif on Thursday signed the historic peace deal between the United States and Iran as a guarantor; the agreement will see the immediate reopening of the Strait of Hormuz and the lifting of the US naval blockade.
The National Testing Agency (NTA) has implemented extensive security and logistical arrangements, including AI-based CCTV monitoring, biometric verification, and police escorts, to ensure the smooth, secure, and transparent conduct of the NEET-UG 2026 re-examination.
Star all-rounder Hardik Pandya and senior batter Rohit Sharma have been cleared by the Sports Science team of BCCI's Centre of Excellence to participate in the upcoming three-match ODI series against Afghanistan, starting in Dharamsala on Sunday.
Abhijeet Dipke, founder of the online movement Cockroach Janta Party (CJP), arrived in Delhi on Saturday ahead of a planned demonstration at Jantar Mantar, and urged supporters to maintain discipline and ensure that the protest remains peaceful.
The US Centers for Disease Control and Prevention, the Pan American Health Organization and the World Health Organization have all described the risk of Ebola to World Cup host countries as low, citing measles, COVID-19 and influenza -- which spread when large crowds gather -- as the most likely threats.
The Delhi Police has confirmed that it has not yet received any official request for permission from the digital group Cockroach Janta Party (CJP) to hold a protest at Jantar Mantar. Authorities are closely monitoring the situation and are ready to deploy personnel to maintain law and order if necessary.
Mexico will kick off their home World Cup campaign against South Africa at the Estadio Azteca, carrying the pressure of fan expectations and a strong unbeaten run.
The National Testing Agency (NTA) will conduct a nationwide mock drill on Saturday ahead of the NEET-UG re-examination the day after as part of its preparations to ensure the smooth, secure and transparent conduct of the test, official said on Friday.
A viral Rs 2.5 lakh school trip to Japan has exposed the soaring, extraneous costs of modern Indian education. From textbook monopolies to elite excursions, these hidden fees create intense classroom peer pressure even as parents face a financial spiral. We ask you, Dear Reader, to share your experience with us.
Despite initial challenges like unsold tickets and a rained-out fan festival, visitors are flocking to Toronto for the first-ever World Cup soccer match in Canada. Fans are drawn by factors such as lower drinking age compared to the US, cultural similarities, and Canada's diverse immigrant population, creating a unique and determined atmosphere for the tournament.
It's been a very tough 2026 summer with many places all over the India map baking in daytime temperatures as high as 46C. Keep yourself well-protected.
Top leaders of opposition parties including Congress' Rahul Gandhi and Mallikarjun Kharge, TMC's Mamata Banerjee and Abhishek Banerjee, Samajwadi Party chief Akhilesh Yadav, Tejashwi Yadav of Rashtriya Janata Dal and Uddhav Thackeray of Shiv Sena-Uddhav Balasaheb Thackeray, besides Left leaders and those from smaller parties, are likely to attend the meeting at the Constitution Club in the national capital.
Basketball fans greeted US President Donald Trump with a chorus of loud boos on Monday, as the Republican became the first sitting US president to attend the NBA Finals.
The Congress party is reportedly considering moving its Madhya Pradesh MLAs to a party-ruled state, likely Karnataka, ahead of the June 18 Rajya Sabha elections. This move aims to prevent potential cross-voting after the BJP fielded a surprise third candidate, intensifying the contest for three Rajya Sabha seats.
Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.
Start SIPs early, increase investments steadily, and let compounding beat inflation to secure retirement wealth, says Ramalingam Kalirajan
Nitish Kumar Reddy's recent work on his bowling action and run-up has paid dividends and that improvement was visible in India's ODI series opener against Afghanistan in Dharamshala on Saturday.
India's head coach Gautam Gambhir has revealed the team's Test strategy, indicating a preference for Sai Sudharsan at the No.3 spot and plans to develop four spinners for the upcoming Sri Lanka tour. Gambhir also addressed Rishabh Pant's vice-captaincy, stressing the need for better game situation awareness.
West Bengal Chief Minister Mamata Banerjee has declared that the TMC will proceed with its planned sit-in protest against alleged attacks on party leaders and workers, as well as the Railways' hawker eviction drive, despite the police denying permission for the event.
Indian archers Jyothi Surekha Vennam and Dhiraj Bommadevara plan to use the upcoming Archery World Cup stages as testing grounds for equipment changes ahead of the Asian Games later this year. Both archers are part of the 12-member Indian squad for the Asian Games, scheduled to begin in Aichi-Nagoya, Japan from September 19.
'It was done with record speed. First, a revolt of the MLAs, which was obviously engineered.' ''No one believed me when I said the MLAs breaking away is not the real issue.' 'It is like a comet. The head doesn't matter, the tail matters.' 'And the tail is Parliament. Suvendu has gifted the prime minister 20 MPs.'
Indian selection committee has advised Test and ODI captain Shubman Gill to prioritise red-ball and 50-over cricket until the 2027 ODI World Cup to manage his workload and ensure freshness for major ICC assignments, despite his strong IPL performance.
Shreyas Iyer has been named India's new T20I captain, replacing Suryakumar Yadav signalling a new era for Indian T20I cricket.
'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'
'Confidence is built by doing difficult things, one day at a time.'
Acer has launched its new Aspire 5 AI laptop in India, featuring Intel Core Ultra 7 processors, a 14-inch WUXGA display, up to 32 GB LPDDR5 memory, and a starting price of Rs 79,999.
Here are all the details you need to know about the NEET-UG re-exam.
D K Shivakumar, the Vokkaliga strongman and state Congress President, is set to be sworn in as the Chief Minister of Karnataka today at 4:05 pm at Lok Bhavan. The ceremony will also see some ministers taking oath, though the final list is awaiting approval from the Congress high command.
'The generational shift belongs to Vijay, Udhayanidhi and Annamalai.' 'The BJP cannot fit into the shift.' 'So they threw Annamalai into the situation where he is comparable with Vijay and Udhayanidhi.'
'Now that NCERT has received the status of a deemed university, it will start its own MA courses, postgraduate courses, and doctoral research in education, fully funded by the government.'
The rejection of senior Congress leader Meenakshi Natarajan's nomination papers transformed what should have been a routine Rajya Sabha election into a lesson in contemporary political warfare.
Iga Swiatek admitted that tension played a significant role in her unexpected fourth-round defeat at the French Open against Marta Kostyuk. The loss marks her earliest exit from the tournament since 2019 and a disappointing end to her clay court season.
India begin their 2027 ODI World Cup preparations against Afghanistan with Rohit Sharma's fitness and Nitish Kumar Reddy's all-round abilities under scrutiny, while Shubman Gill continues to shape his leadership credentials.
Trump's phone calls with Netanyahu came after Iran threatened to end the negotiations with the US over Israel's attacks on Lebanon. Netanyahu had said Israel would hit "terror targets" in Beirut if Hezbollah did not stop attacking Israel.
The All India Football Federation (AIFF) has agreed "in principle" to the club-led model of running the Indian Super League (ISL) for two years and has conveyed it to the sports minister, a top official said on Tuesday.
GT's approach was not to dominate but control without making noise. When things did not go RR's way, they played safe but GT played smart.