'The government has to explain (to the army, air force and navy chiefs) whether they want a punitive strike, a deep punitive strike, or whether they want limited war or an all-out war, will it be a circumscribed war or will it be a shallow attack along the border.'
rediffGURU Yogendra Arora answers readers' personal income tax queries.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The Supreme Court of India has invalidated the appointment of 25,753 teachers and other staff in West Bengal's state-run and state-aided schools, deeming the selection process "vitiated and tainted." The court ordered the state government to conduct a fresh selection process within three months. The decision comes after a Calcutta High Court verdict in April 2024, which also annulled the appointments. The apex court, while upholding the high court's order, made some modifications, including exempting disabled employees from returning their salaries. The case stemmed from alleged irregularities in the 2016 recruitment process by the West Bengal School Service Commission (SSC), involving OMR sheet tampering and rank-jumping. The Supreme Court had previously termed it a "systemic fraud." Former West Bengal education minister Partha Chatterjee and Trinamool Congress MLAs Manik Bhattacharya and Jiban Krishna Saha are among the accused being investigated in the recruitment scam.
Nishant Dev, a 2023 World Championship bronze medalist, believes his stint in professional boxing will help achieve his Olympic dream at the 2028 Los Angeles Games.
Jammu and Kashmir Chief Minister Omar Abdullah expressed concern about the lack of clarity regarding the INDIA bloc's leadership and agenda, suggesting the alliance should be dissolved if it was only formed for parliamentary elections. He called for a meeting of the alliance members after the Delhi Assembly elections to discuss the bloc's future and decide on a collective strategy. Abdullah also highlighted the need for a clear vision and leadership within the INDIA bloc. His remarks come amid speculation about the alliance's future and its ability to effectively challenge the ruling Bharatiya Janata Party (BJP).
The Budget 2025-26 meets the expectations of fiscal consolidation, maintaining capital expenditure, and boosting consumption through tax cuts.
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 lakh per annum while presenting the Union Budget 2025-26. Presenting the budget in Lok Sabha, the Finance Minister said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh.
Finance Minister Nirmala Sitharaman on Saturday unveiled 'transformative' tax reforms that ranged from a simpler income tax law to higher TCS threshold for remittances and income tax benefits for middle class.
'...an hour before he was hanged from the film Badal, 'Apne liye jiye toh kya jiye'... 'I saw eight hangings -- Ranga and Billa, Maqbool Bhat, Kartar Singh and Ujagar Singh (Dr N S Jain murder case), Satwant Singh and Kehar Singh (Indira Gandhi assassination case) and Afzal Guru.'
rediffGURU Samkit Maniar answers readers' personal income tax queries.
All bookings done up to October 31 under the Advance Reservation Period of 120 days will remain intact, it added.
The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).
Prime Minister Narendra Modi launched a scathing attack on AAP chief Arvind Kejriwal in a rally in Delhi, comparing him to notorious criminal Charles Sobhraj and accusing him of spreading lies about the BJP government in Haryana mixing poison in the Yamuna river. Modi said Kejriwal's claims are an insult to India and that the AAP is desperate due to the fear of defeat in the upcoming Delhi elections. He also highlighted the BJP's track record of fulfilling promises and urged people to give him a chance to serve them. The attack comes as the Delhi election campaign heats up, with the AAP and BJP locked in a tight race.
The Uttar Pradesh government is taking comprehensive measures to ensure the Ganga River is "dip-safe" during the Maha Kumbh, a massive religious gathering. This includes daily water testing, a 200-km temporary drainage system for greywater, and state-of-the-art technology to manage human waste. Authorities are also emphasizing the importance of keeping the river clean by removing pooja waste and encouraging the use of reusable items.
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
According to IRDAI, Marsh India had held the premium received from the clients in an Insurance Bank Account for more than 15 days and did not remit the premium to the insurer/reinsurer within the time limit of 15 days.
If you're looking to transition into a committed relationship, it's important to establish clear boundaries. Define what you need, how you want to spend time together, and what you won't tolerate, suggests relationship expert Shahzeen Shivdasani.
Finance Minister Nirmala Sitharaman on Monday reduced the time limit for reopening of income tax assessment cases to three years from six years, while for serious tax fraud cases where concealment of income is Rs 50 lakh or more it would be 10 years.
The high court said the sanction for prosecution under the UAPA was given six months after receiving a recommendation for the same and it was also "bereft of any application of mind".
"The open-ended nature of Section 6A has, with the passage time, become more prone to abuse due to the advent of forged documents to establish, inter-alia (among other things), wrong date of entry into Assam, inaccurate lineage, falsified government records created by corrupt officials, dishonest corroboration of the date of entry by other relatives so as to aid illegal immigrants who are otherwise not eligible under Section 6A by virtue of having entered into Assam after March 24,1971," he noted in a separate 127-page dissenting judgment.
The Supreme Court, which is hearing arguments on a batch of pleas seeking legal sanction for same-sex marriage, said on Thursday that the inflow of cases in the apex court is so heavy that it is impossible to list Constitution bench matters unless the time taken to argue is rationed.
The income-tax (I-T) department has started scrutinising cases for the assessment year (AY) 2018-19 to determine which of them need to be reopened, a process that might result in a raft of tax notices. This follows this year's Union Budget move to reduce the time limit for tax reassessment from 10 years to five in cases of escaped income. The new provision becomes effective on September 1 and will make past assessments for AY 2018-19 time-barred.
The removal of the angel tax is expected to be a boost for startups as it will help in promoting a more conducive environment for them.
He will take oath on November 11, a day after incumbent Justice DY Chandrachud demits office on attaining the age of 65.
'File all the supporting documents in response to the allegation since there is a possibility of the proceedings getting dropped at that stage if the reply is satisfactory.'
Chief Justice of India DY Chandrachud has set in motion the process of appointment of his successor by recommending to the Centre the name of senior-most Supreme Court judge Justice Sanjiv Khanna.
'Tax officials view most taxpayers as evaders.' 'The I-T department has a perverse incentive to raise unreasonable demands since the one-fifth tax collected counts towards officials' collection targets,' observes Harsh Roongta.
'It would be reasonable to assume that Modi 3.0 would be more focused on projects and schemes which do not require any legislative change or which have the support of its coalition partners,' asserts A K Bhattacharya.
The government on Tuesday announced certain incentives as part of efforts to boost maintenance, repair and overhaul activities in the country's aviation and shipping sectors. India is one of the fastest growing domestic aviation markets in the world.
The police want to trace the youths as well as a minor seen in the viral video, it said in court.
rediffGURU T S Khurana answers readers' personal income tax queries.
The Central Board of Excise and Customs has decided to prescribe time limits for various activities following representations from the trade and recommendations from the Comptroller and Auditor General of India
The Supreme Court on Friday asked the Centre to provide information about the numbers and names reiterated by the apex court Collegium for appointment as judges in higher judiciary with reasons why they were not considered so far and at what level they were pending.
The suspected undisclosed income in these cases could reach as much as Rs 15,000 crore.
The government on Tuesday announced central assistance of Rs 2.2 lakh crore over the next five years to meet housing requirement of 1 crore urban poor and middle class families under the Pradhan Mantri Awas Yojana-Urban and proposed interest subsidy to provide loans at affordable rates. In her Budget speech, Finance Minister Nirmala Sitharaman said, "Under the PM Awas Yojana Urban 2.0, housing needs of 1 crore urban poor and middle-class families will be addressed with an investment of Rs 10 lakh crore." "This will include the central assistance of Rs 2.2 lakh crore in the next 5 years," she added.
Vinesh Phogat's appeal against her disqualification from the Olympic finals, this time till August 16, prolonging the Indian wrestler's wait for a resolution.
Highlights of the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Tuesday.
The provision neither dealt with the power of courts nor it did specifically take away the power of courts to take on record written statements filed beyond the time provided for, the court said.
The Centre is likely to tell the Madras high court that no time limit is prescribed for the president to take a decision on mercy petition of any death row convict.
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