Search results for 'tax'

Another 'sheesh mahal' being made for Kejriwal in Punjab: BJP

Another 'sheesh mahal' being made for Kejriwal in Punjab: BJP

Rediff.com31 Oct 2025

The BJP spokesperson alleged that the AAP, ruling Punjab, has not fulfilled the promises it made to the people of the state.

Britannia Industries looks to drive volume-led growth

Britannia Industries looks to drive volume-led growth

Rediff.com8 Nov 2025

Britannia Industries is looking to drive volume-led growth as it looks to target regions, consumer-centric products and distribution. The company also wants to make sure that it is price-competitive in each of the regions.

Economy picked up steam in Oct on GST rejig, festival spends

Economy picked up steam in Oct on GST rejig, festival spends

Rediff.com25 Nov 2025

Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.

GST 2.0 bolstered momentum, economy on stable footing

GST 2.0 bolstered momentum, economy on stable footing

Rediff.com28 Nov 2025

The reduction in the goods and services tax (GST) rates has increased the momentum in India's economic activity both on the supply and demand sides, while robust agricultural activity - reflected in the strong onset of rabi sowing and adequate reservoir levels - has reinforced the outlook for food supply and rural incomes, the finance ministry said on Thursday.

'Could Ajit Pawar Have Known?'

'Could Ajit Pawar Have Known?'

Rediff.com7 Nov 2025

'Everyone involved in this transaction must be punished and penalised.'

Emami Q2 PAT down 29.7% at Rs 148.35 cr

Emami Q2 PAT down 29.7% at Rs 148.35 cr

Rediff.com10 Nov 2025

Homegrown FMCG player Emami Ltd on Monday reported a 29.7 per cent decline in consolidated profit after tax at Rs 148.35 crore in the second quarter ended September 30, 2025, impacted by temporary trade disruption in expectation of GST rate cut and excessive rains affecting certain product categories.

How Much Will Jio Platforms Be Worth After IPO?

How Much Will Jio Platforms Be Worth After IPO?

Rediff.com4 Nov 2025

Jio Platforms Limited is likely to have a valuation of $148 billion by the time it goes public on the back of strong free cash flow and potential deleveraging, ICICI Securities said.

Auto retail sales surge to all-time high of over 52 lakh units

Auto retail sales surge to all-time high of over 52 lakh units

Rediff.com7 Nov 2025

Automobile retail sales across the domestic market witnessed a 21 per cent year-on-year increase in the 42-day festive season led by record registrations of passenger vehicles and two-wheelers aided by GST rejig enabled drop in prices across segments, dealer' body FADA said on Friday.

Over 800 IndiGo flights cancelled on day 5 as cancellation chaos persists

Over 800 IndiGo flights cancelled on day 5 as cancellation chaos persists

Rediff.com6 Dec 2025

DGCA provided temporary relief to IndiGo, which is partially owned by Rahul Bhatia, by rolling back the night duty definition to 12 am-5 am from 12 am-6 am earlier, and allowing its pilots to do six night-landings from two earlier, besides other relaxations.

How Fake PANs Help Hide Crooked Property Deals

How Fake PANs Help Hide Crooked Property Deals

Rediff.com23 Oct 2025

Quoting an incorrect PAN during property registration can invite penalties and prosecution.

Mamdani hates Indians, plans to arrest Netanyahu: Trump Jr

Mamdani hates Indians, plans to arrest Netanyahu: Trump Jr

Rediff.com19 Nov 2025

Mamdani has repeatedly said that he would honour the ICC warrant and arrest Netanyahu at the airport itself, if he ever visits the city.

'Strong Reforms, Not Panic, Will Help Ride Out Rupee's Weakness'

'Strong Reforms, Not Panic, Will Help Ride Out Rupee's Weakness'

Rediff.com5 Dec 2025

'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'

'It's For The Love Of The Country'

'It's For The Love Of The Country'

Rediff.com26 Nov 2025

'The amount of respect we have for people who guard our borders and put the country first.' 'Why do they do this?' 'The chances of not coming back are so high. Still, they take that risk.' 'It's for the love of the country.'

After hotels, online travel portals come under GST lens

After hotels, online travel portals come under GST lens

Rediff.com18 Oct 2025

After issuing notices to hotels across the country for allegedly underpaying goods and services tax (GST) on restaurant services, the revenue department has now widened its scrutiny by seeking information from online travel platforms.

Sebi's Move Could Erode Mutual Fund, Broker Earnings

Sebi's Move Could Erode Mutual Fund, Broker Earnings

Rediff.com3 Nov 2025

'Sebi's move to cap brokerage charges will help investors by lowering the overall cost of investments.'

Trump's Language Of Fascism

Trump's Language Of Fascism

Rediff.com8 Dec 2025

'Non-compatible with Western Civilization' is about as vague and jingoistic as it gets and Trump saying this gives full license to his acolytes to go full throttle on making life as difficult and scary as possible for as many non-white people as possible,' notes Sree Sreenivasan.

Gems & jewellery exports slipped 30% in October: GJEPC

Gems & jewellery exports slipped 30% in October: GJEPC

Rediff.com24 Nov 2025

India's gems & jewellery exports witnessed 30.6 per cent year-on-year (Y-o-Y) contraction in October to $2.17 million, amid the imposition of a steep 50 per cent tariff by the United States (US) on several Indian products.

How AI Can Help You Save Tax But...

How AI Can Help You Save Tax But...

Rediff.com24 Jun 2025

AI isn't a magic wand. It works best when combined with good systems, informed investors, and skilled advisors, says Amit Suri.

SC asks CBI to probe digital arrest scams nationwide

SC asks CBI to probe digital arrest scams nationwide

Rediff.com1 Dec 2025

The Supreme Court has directed the CBI to conduct a pan-India investigation into digital arrest scams and questioned the RBI about its lack of AI usage in detecting and freezing accounts used by cybercriminals.

Non-auto segments to drive growth for Bharat Forge

Non-auto segments to drive growth for Bharat Forge

Rediff.com27 Nov 2025

The stock of automotive (auto) components major Bharat Forge has risen 14.6 per cent over the past month. Despite ongoing demand challenges, strong operating performance in the July-September quarter (Q3) of 2025-26 (FY26), a diversified revenue base, and expectations of a gradual recovery have lifted sentiment.

Delhi HC stays Rs 1,140 crore angel tax demand against Oyo

Delhi HC stays Rs 1,140 crore angel tax demand against Oyo

Rediff.com12 Jul 2025

The Delhi high court on Friday stayed a Rs 1,140 crore angel tax demand raised by the Income Tax department from hospitality and hotel aggregator Oyo's parent company Oravel Stays Private Limited for the assessment year 2020-21. The tax demand was issued under Section 56(2) (viib) of the Income Tax Act, commonly known as the "angel tax" provision, which applies when unlisted companies issue shares at a value exceeding their "fair" market price.

World's Richest Football Club Eyes Stake Sale!

World's Richest Football Club Eyes Stake Sale!

Rediff.com23 Nov 2025

Real Madrid are considering creating a subsidiary that would allow external investors to buy a stake of around 5% in the world's most valuable football club.

Nitish Kumar gives up home portfolio after 20 years

Nitish Kumar gives up home portfolio after 20 years

Rediff.com21 Nov 2025

The home portfolio of Bihar, which Chief Minister Nitish Kumar kept with himself all through his nearly 20-year-long tenure, has been given to his deputy, BJP leader Samrat Chowdhury, this time, according to an official notification issued on Friday.

'Govt Has Executed A Commendable Task'

'Govt Has Executed A Commendable Task'

Rediff.com5 Dec 2025

'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'

October passenger vehicle dispatches see a surge

October passenger vehicle dispatches see a surge

Rediff.com19 Nov 2025

In October, small car wholesales of the auto industry -- excluding Tata Motors -- went up by 8.4 per cent Y-o-Y to 116,601 units, the data showed. However, the utility vehicle (UV) segment which includes sports utility vehicles (SUVs) as well as multi-purpose vehicles (MPVs), saw a bigger growth in October.

Shami gets SC notice on wife's plea for higher maintenance

Shami gets SC notice on wife's plea for higher maintenance

Rediff.com7 Nov 2025

The petition points out that Shami's annual income, as disclosed in his Income Tax Return for 2021-22, stood at nearly Rs 48 crore, while she has been forced to live in "downtrodden conditions", struggling to meet even basic expenses.

Tata Steel profit surges nearly 4x

Tata Steel profit surges nearly 4x

Rediff.com13 Nov 2025

Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.

Core areas light up Havells India as consumer durables dim the spark

Core areas light up Havells India as consumer durables dim the spark

Rediff.com6 Nov 2025

The July-September quarter (Q2) performance of consumer electricals and durables major Havells India in 2025-26 (FY26) was broadly in line with Street estimates. While the top line was supported by robust growth in the wire and cable, switchgear, and lighting segments, the consumer durables segment restricted overall gains.

GST 2.0, Festival Cheer Drove Record Vehicle Sales in October

GST 2.0, Festival Cheer Drove Record Vehicle Sales in October

Rediff.com11 Nov 2025

Festivals also contribute to the rise in overall automobile retail sales, says dealers association.

SC to hear on Monday plea against Sonam Wangchuk's NSA detention

SC to hear on Monday plea against Sonam Wangchuk's NSA detention

Rediff.com23 Nov 2025

The Supreme Court is scheduled to hear a plea challenging the detention of climate activist Sonam Wangchuk under the National Security Act (NSA). The plea, filed by Wangchuk's wife, argues the detention is illegal and violates his fundamental rights.

Ola Electric auto biz turns profitable in Q2; gross margins expand to 30.7%

Ola Electric auto biz turns profitable in Q2; gross margins expand to 30.7%

Rediff.com6 Nov 2025

Ola Electric on Thursday said its automobile business turned profitable in the quarter ended September 2025 with pre-tax earnings growing by 0.3 per cent against a contraction of 5.3 per cent in the preceding three months.

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

Which is the new battleground in tax disputes?

Which is the new battleground in tax disputes?

Rediff.com25 Jun 2025

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.

GST Made Easy From Nov 1

GST Made Easy From Nov 1

Rediff.com25 Oct 2025

Nearly 96 per cent of new applicants will benefit from this simplified approval route.

Bajaj Auto posts highest ever quarterly revenue and PAT

Bajaj Auto posts highest ever quarterly revenue and PAT

Rediff.com8 Nov 2025

Pune-based two-wheeler major Bajaj Auto posted its highest ever quarterly revenue and profit after tax (PAT) in Q2FY26. Even as consolidated revenues were up 18.8 per cent year-on-year (Y-o-Y) to Rs 15,734.7 crore, PAT zoomed 53.2 per cent to Rs 2,122 crore.

IT recovery key for Info Edge as Q2 growth lags on weak hiring trends

IT recovery key for Info Edge as Q2 growth lags on weak hiring trends

Rediff.com21 Nov 2025

Hit by a slowdown in information technology (IT) hiring, Info Edge (India)'s results for the July-September quarter (Q2) of 2025-26 (FY26) fell short of brokerage expectations. What helped the online recruitment major offset the weak IT hiring trend was broad-based growth across other sectors.

How Does Joint FD Tax Work for Married Couples?

How Does Joint FD Tax Work for Married Couples?

Rediff.com27 Jun 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

'We Are Poised For An Exciting 2026'

'We Are Poised For An Exciting 2026'

Rediff.com26 Nov 2025

'Earnings growth will be the main driver of India's market in 2026, with profits expected to rise 9% to 10% in H2 FY26 and accelerate to 12% to 15% in FY27.'

Al Falah chairperson had 'incentives' to flee India: ED

Al Falah chairperson had 'incentives' to flee India: ED

Rediff.com19 Nov 2025

The Enforcement Directorate (ED) has arrested Jawad Ahmed Siddiqui, chairperson of the Al Falah group, on money laundering charges. The ED alleges that Siddiqui generated Rs 415 crore dishonestly from students of educational institutions run by his Trust.

Pace of volume recovery key to gains for Hindustan Unilever

Pace of volume recovery key to gains for Hindustan Unilever

Rediff.com1 Nov 2025

Hindustan Unilever Ltd's (HUL's) second quarter 2025-26 (Q2FY26) consolidated revenue rose 2 per cent to Rs 16,250 crore, with low or flat volume growth. Demand remained stable but goods and services tax (GST) transition and prolonged monsoon hurt offtake.