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Wealth Tax

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Rahul woos farmers with loan waiver if Cong voted to power

Congress leader Rahul Gandhi on Saturday said loans of farmers will be waived if his party comes to power at the Centre. IMAGE: Congress leader Rahul Gandhi being felicitated with a plough by......

2024 elections could be last in India if...: Kharge

Congress president Mallikarjun Kharge on Monday expressed apprehension that the 2024 Lok Sabha elections would be the last opportunity for the people to save democracy, as Prime Minister Narendra......

Wealth of 5 richest men doubled since 2020: Oxfam

Fortunes of five richest men have more than doubled since 2020 and the world could have its first-ever trillionaire in just a decade while it would take more than two centuries to end poverty,......

TN minister Ponmudy convicted in assets case as HC sets aside acquittal

The Madras high court on Tuesday set aside an order of a trial court, acquitting higher education minister and Dravida Munnetra Kazhagam leader K Ponmudy and his wife P Visalakshi in a Rs 1.75......

Rs 290 cr: Odisha cash haul set to be 'highest-ever'

The seizure of "unaccounted" cash after the income-tax department raided an Odisha-based distillery group and entities linked to it is expected to reach Rs 290 crore, making it the "highest-ever"......

'Take A Staggered Approach To Investing In Smallcaps'

'Exposure to small and midcap stocks exceeded desired levels in many portfolios, prompting rebalancing.' Illustrations: Uttam Ghosh/Rediff.com Even as valuations in the small and midcap space......

Top 1% Indians Earn 23% Of Income

Wealth, which can broadly be a measure of assets held as opposed to income earned, is unequally distributed. Illustration: Dominic Xavier/Rediff.com   India's richest people now have a larger......

India's richest 1% holds 40% wealth, says study

Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 per cent population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according......

Rs 15 Trillion In Direct Taxes Comes Via Automatic Route

96 per cent is being collected through TDS, advance tax, self-assessment tax, and other receipts. Illustration: Uttam Ghosh/Rediff.com   A smaller proportion of direct tax collections......

How much tax did the govt mop up in the past 2 years?

The income tax department has garnered about Rs 4,600 crore in taxes from 56 lakh updated I-T returns filed by taxpayers in the past two years, Central Board of Direct Taxes (CBDT) chief Nitin......

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