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7th Pay Commission recommends 2-fold hike in Military Service Pay

 The 7th Pay Commission has recommended more than doubling the 'Military Service Pay' to defence personnel, and suggested that Short Service Commissioned Officers should be allowed to exit the Armed......

India's west coast no more in piracy high risk area

 In a boost to Indian's maritime security interests, the country's west coast has been excluded from piracy High Risk Area by a top body of the European Union after a revision of the limits. The......

Don't have Form 16? You can still file your tax return

 If a salaried employee does not possess Form 16, he can still file the I-T Return with the help of his salary slips and Form 26 AS. Illustration: Uttam Ghosh/Rediff.com The last date to file your......

Why Modi's goal to cut oil import by 2022 will be unfulfilled

 Fai­l­ure to increase domestic production and rising local dem­and has made Modi’s targets impossible to achieve. Twesh Mishra reports. India’s dependence on impo­rted......

Dear Nirmalaji: Reduce taxes on medicine, insurance

 Illustration: Uttam Ghosh/Rediff.com   On Monday, February 1, 2021, Finance Minister Nirmala Sitharaman will present the Budget for Financial Year 2021-2022. Nirmalaji has asked us to send......

Nissan Magnite is the latest addition to compact SUV segment

 It's got the looks, it's got the features, but the Magnite's success will depend on its pricing, says Rajesh Karkera. Video and photographs: Hitesh Harisinghani/Rediff.com It's been a surge of......

Working from home? You may end up paying higher taxes this fiscal

 The reimbursement components of your salary require you to furnish bills before they become tax-exempt. Producing them may be difficult this year. Illustration: Uttam Ghosh/Rediff.com If you think......

When Pataudi orchestrated a hold-up of the Indian team

 Tiger Pataudi had a penchant for pranks. Haresh Pandya recounts an incident when 'dacoits' held Gundappa Viswanath and other players to ransom. India's most elegant and stylish batsman Gundappa......
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