They are not just underreporting income; they are reshaping what the income tax system perceives, says study.
American sourcing firms and exporters in China are approaching Indian companies to supply goods to the US as high tariffs imposed by Washington are making it difficult for them to ship directly to America, apex exporters' body FIEO said on Monday. The US has imposed 145 per cent tariffs on Chinese goods entering the American market. For India, the duty is just 10 per cent.
Find out how much you know about the Festival of Colours with our special quiz.
The rate of unemployment in the country, measured in monthly term, rose to 5.6 per cent in May from 5.1 per cent in April this year mainly due to seasonal variation, showed the government data released on Monday.
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.
rediffGURU T S Khurana answers readers' personal income tax queries.
Smriti Mandhana smashed a blistering 47-ball 81 to power reigning champions Royal Challengers Bengaluru to a resounding eight-wicket victory over Delhi Capitals
Deductions missed in Form 16 can still be claimed while filing ITR.
IMAGES from the WPL match between UP Warriorz and Royal Challengers Bangalore (RCB) played in Lucknow on Saturday
India's women's team will hope to produce a strong all-round effort against a tricky Sri Lanka and win the ODI tri-series final in Colombo on Sunday.
The duo progressed following their fine showing in India's victory over Pakistan in the women's T20 World Cup opener.
India women's team captain Harmanpreet Kaur, her deputy Smriti Mandhana and all-rounder Deepti Sharma were retained in Grade A, the highest category of central contracts offered by BCCI.
Batting first, RCB rode on skipper Smriti Mandhana's 37-ball 53 and useful contributions from Ellyse Perry (49 off 38 balls), Richa Ghosh (36 off 22) and Georgia Wareham (31 off 10) to post a commanding 199 for three.
Thapar had strong reservations about Project Cheetah, India's initiative to reintroduce African cheetahs into the wild. He argued that India does not have the necessary habitat or prey base to support free-ranging cheetahs and that the authorities lacked experience in managing spotted felines in the wild.
'I am not a mother and never had an abortion either, so I had to understand motherhood and child loss from anecdotal experiences of others.'
Ghosh refused to comment on his stepping down. He is believed to have not made much headway at the NCA.
Despite sharp interest rate cuts expected in this financial year amid easy liquidity conditions, state-run banks are treading cautiously on their loan growth projections for FY26. Most large banks are projecting loan growth at 11-13 per cent, almost similar to the previous financial year.
Rabindra Ghosh, a prominent Bangladeshi lawyer, has received death threats since he decided to represent jailed Hindu monk Chinmoy Krishna Das. Ghosh claims the interim government in Bangladesh is targeting Das for his vocal criticism of atrocities against Hindus and his efforts to unite the persecuted community. Despite the threats, Ghosh vows to continue fighting for justice and minority rights. He believes Das has been framed on false charges for his efforts to unite the Hindu community.
In Lucknow, they hosted a spectacular 'Regal Rendezvous,' a night designed to recharge the squad and foster team spirit ahead of the crucial playoff stages.
The contest between laggards Chennai Super Kings and Rajasthan Royals holds no significance in the context of the IPL 2025 play-offs.
'Right now, silver -- and especially platinum -- are very cheap compared to gold. If I were buying today, I would choose platinum.'
Ashleigh Gardner led from the front with a blazing 58 off 31 balls as bottom-placed Gujarat Giants snapped their losing streak with a dominant six-wicket win over Royal Challengers Bengaluru
Algorithmic management (AM) in India has led to a decline in job quality, with "clear" evidence of increased monitoring, surveillance and work intensity, noted International Labour Organisation (ILO) in its latest report.
Nilakshika Silva's blistering 33-ball 56 powered Sri Lanka to a thrilling three-wicket victory over India in the women's Tri-series, ending a seven-year losing streak against their rivals.
Rajbaris are a link to Bengal's rich past, of grand mansions, classical fine dining, and allow guests to be pretend zamindars for those few hours or days that they stay.
Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.
'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'
The share of investments held by the top 10 investors across smallcap mutual fund schemes has been on a decline, falling to a 14-month low in March 2025, shows an analysis of data from the Association of Mutual Funds in India (Amfi). The median smallcap scheme has 2.03 per cent of its investments coming from the top 10 investors, compared to 2.43 per cent a year ago.
