News for 'Accounts Department'

Former Axis fund manager held for cheating investors

Former Axis fund manager held for cheating investors

Rediff.com3 Aug 2025

Viresh Joshi, a former chief trader and fund manager of Axis Mutual Fund, has been arrested under the anti-money laundering law in a case linked to alleged cheating of investors to the tune of Rs 200 crore by 'front-running' in trade activities, the Enforcement Directorate (ED) said on Sunday.

Shinde Sena minister Shirsat gets tax notice over asset jump

Shinde Sena minister Shirsat gets tax notice over asset jump

Rediff.com10 Jul 2025

Maharashtra Minister Sanjay Shirsat received an Income Tax notice regarding an increase in his assets between the 2019 and 2024 elections. He initially claimed MP Shrikant Shinde also received a notice but later retracted the statement.

Hope Rises As China Processes Rare-Earths Requests

Hope Rises As China Processes Rare-Earths Requests

Rediff.com28 Jul 2025

China accounts for about 70 per cent of global rare earth mining and nearly 90 per cent of rare earth magnet production, making it a dominant player and giving it significant leverage in global supply chains.

K'taka traders call bandh on Friday over UPI-based GST notices

K'taka traders call bandh on Friday over UPI-based GST notices

Rediff.com23 Jul 2025

Traders in Karnataka are raising concerns over GST demand notices based on UPI transaction data. A tax official defends the action, stating it's within the law and recipients can respond with documentation.

US tariff jolts UP's export hubs; industry seeks govt bailout

US tariff jolts UP's export hubs; industry seeks govt bailout

Rediff.com1 Sep 2025

Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.

Siraj soars to career-best ICC ranking

Siraj soars to career-best ICC ranking

Rediff.com6 Aug 2025

Siraj has attained a career-best 15th position in the latest ICC Test rankings

States Seek Centre's Help To Deal With Trump's Tariffs

States Seek Centre's Help To Deal With Trump's Tariffs

Rediff.com2 Sep 2025

State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.

'Stray Dogs In Ghettos Is A Health Nightmare'

'Stray Dogs In Ghettos Is A Health Nightmare'

Rediff.com19 Aug 2025

'It will be an explosion of zoonotic diseases from these places.' 'People will not be able to live or work for kilometres around these places where thousands of street dogs are kept.'

''Consumers Must Get Real Benefit Of GST Cuts'

''Consumers Must Get Real Benefit Of GST Cuts'

Rediff.com12 Sep 2025

'In case a particular industry has not passed on the benefits and if we receive complaints, we will take up the matter with the industry body concerned.'

'Curbs on sporting engagements standard safeguard'

'Curbs on sporting engagements standard safeguard'

Rediff.com13 Aug 2025

Implementation of sports bill in 6 months, regulation of participation standard safeguard: Mandaviya

Bengal varsity paper terms revolutionaries as 'terrorists'

Bengal varsity paper terms revolutionaries as 'terrorists'

Rediff.com11 Jul 2025

A controversy erupted in West Bengal after a history question paper at the state-run Vidyasagar University described Indian revolutionaries as 'terrorists,' triggering strong political reactions and forcing the institute to issue a public apology, calling it a 'printing mistake.'

Step-By-Step ITR E-Filing, Choosing Right Tax Regime

Step-By-Step ITR E-Filing, Choosing Right Tax Regime

Rediff.com23 Jul 2025

Master the online ITR filing process and then learn the differences between the old and new tax regimes to pick your best option.

Understanding reached on Ukraine, Putin tells press meet

Understanding reached on Ukraine, Putin tells press meet

Rediff.com16 Aug 2025

Speaking shortly after, Trump stated he had yet to speak with Ukrainian President Volodymyr Zelenskyy but would do so imminently, along with other European leaders. He suggested a formal deal was not yet in place.

Cloudburst behind Uttarkashi flash floods? Experts differ

Cloudburst behind Uttarkashi flash floods? Experts differ

Rediff.com6 Aug 2025

Experts question whether a cloudburst caused the recent flash flood in Uttarkashi, India, citing insufficient rainfall and other potential factors like ice chunks, rockfalls, or landslides.

Want To Open PPF Account For Your Child?

Want To Open PPF Account For Your Child?

Rediff.com10 Sep 2024

Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.

Why You May Get An I-T Notice

Why You May Get An I-T Notice

Rediff.com17 Jun 2025

'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'

Why J&K Border Villages Are Safe Haven For Terrorists

Why J&K Border Villages Are Safe Haven For Terrorists

Rediff.com5 Sep 2025

'Why have we failed to address the issue of ensuring a requisite buffer zone in J&K, given that cross-border links of some J&K politicians are known?', asks Lieutenant General Prakash Katoch (retd).

Doctor kept under 'digital arrest' for 8 days, loses Rs 3cr

Doctor kept under 'digital arrest' for 8 days, loses Rs 3cr

Rediff.com28 Jun 2025

In the month of May, the victim got a call from a person identifying himself as telecom department staffer Amit Kumar, who told her a SIM card had been bought with her personal details for use in criminal activities.

A To Z of Filing Your Income Tax Return

A To Z of Filing Your Income Tax Return

Rediff.com21 Jul 2025

Think again. Not filing could cost you. Here's who must file, who should, and why it matters. What's more, the deadline to file your ITR has been extended till September 15, 2025

Children served mid-day meal soiled by dog, HC orders compensation

Children served mid-day meal soiled by dog, HC orders compensation

Rediff.com21 Aug 2025

The Chhattisgarh High Court has directed the state government to pay Rs 25,000 each to 84 students who consumed mid-day meals soiled by a dog. The court cited negligence on the part of the government and emphasized the need for vigilance in providing mid-day meals.

Don't Want IT Notice? Read This NOW!

Don't Want IT Notice? Read This NOW!

Rediff.com10 Jun 2025

Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.

Odisha student sets herself ablaze over sexual harassment

Odisha student sets herself ablaze over sexual harassment

Rediff.com12 Jul 2025

The incident took place this afternoon after the woman student met the Principal of Fakir Mohan (Autonomous) College, Balasore, Dilip Kumar Ghose. She had earlier lodged a sexual harassment complaint against Samira Kumar Sahu, Assistant Professor (Stage-l) in Educational Studies, who is also the head of the department and demanded action against him.

'Nobody Listened. The Bridge Collapsed'

'Nobody Listened. The Bridge Collapsed'

Rediff.com11 Jul 2025

'Who will answer for these lives crushed under their neglect?'

Excel utility for ITR-1, ITR-4 now available

Excel utility for ITR-1, ITR-4 now available

Rediff.com30 May 2025

The Income Tax department on Friday said it has made available the excel utility for ITR-1 and ITR-4 for AY 2025-26, which will enable taxpayers to file their income tax returns. "The Excel Utility for ITR-1 and ITR-4 for AY 2025-26 has been enabled and is now available for taxpayers," the Income Tax department said in a post on X.

Correct Bogus I-T Deductions Today!

Correct Bogus I-T Deductions Today!

Rediff.com30 Jul 2025

One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.

Why This Elephant Triggers Outrage In Maharashtra

Why This Elephant Triggers Outrage In Maharashtra

Rediff.com6 Aug 2025

A Supreme Court order relocating an elephant to a care facility in Vantara has sparked public outrage in Maharashtra by putting the state government in a difficult position over issues of animal welfare and public sentiment.

AIIMS-Patna docs' strike enters Day 3 over MLA row, services hit

AIIMS-Patna docs' strike enters Day 3 over MLA row, services hit

Rediff.com3 Aug 2025

Healthcare services at AIIMS-Patna remain affected as resident doctors continue their strike against the alleged high-handedness of a local MLA. The strike stems from an incident where the MLA and his guards allegedly assaulted staff and brandished a firearm within the hospital premises.

Respond to taxman's notice, file revised or updated return

Respond to taxman's notice, file revised or updated return

Rediff.com27 Jun 2025

The Income-Tax (I-T) Department has detected widespread tax evasion involving cryptocurrencies and, according to media reports, has issued emails to thousands of defaulting taxpayers seeking transaction details. Investors must understand the tax rules governing crypto assets and respond promptly to these emails.

US Visa Shocker: Make Social Media Public Throughout!

US Visa Shocker: Make Social Media Public Throughout!

Rediff.com21 Jul 2025

The US Embassy has directed all international students aspiring to study in the United States to adjust privacy settings on their social media profiles to 'public' not just while applying for a visa but also during their entire course of study, effective immediately.

Tax Filing: Mistakes To Avoid

Tax Filing: Mistakes To Avoid

Rediff.com24 Jul 2025

Cross-check key documents, maximise your deductions, avoid errors, and ensure you get your refund smoothly.

'It Was Not Suicide, But Murder'

'It Was Not Suicide, But Murder'

Rediff.com22 Jul 2025

'My brother was mentally tortured and harassed.'

Govt, UPI To Set Up Real-Time Payment Tripwire

Govt, UPI To Set Up Real-Time Payment Tripwire

Rediff.com4 Jul 2025

Google Pay, PhonePe, and Paytm may deliberately delay transactions, issue fraud alerts, and require an extra layer of user confirmation before processing any transactions that are likely to be classified as fraudulent.

India's June exports shrink but shipments to US zoom

India's June exports shrink but shipments to US zoom

Rediff.com16 Jul 2025

Merchandise exports to the US jumped 23.5 per cent year-on-year (Y-o-Y) to $8.3 billion in June, even as India's overall outbound shipments witnessed contraction during the month, according to the data released by the commerce department on Tuesday. The increase in outbound shipments to the US was largely driven by the rush among exporters to utilise America's pause on its plans to impose country-specific reciprocal tariffs.

How To Pick Best Senior Citizen Policy

How To Pick Best Senior Citizen Policy

Rediff.com14 Aug 2025

'As we get older, our health risks increase, and this makes health insurance significantly more expensive for seniors.'

Want A US Visa? Unlock Your Social Media First

Want A US Visa? Unlock Your Social Media First

Rediff.com24 Jun 2025

To 'protect national interest', US now require all F, M, and Jvisa applicants (students/exchange visitors) to make socialmedia profiles public for nationalsecurity vetting.

'Sadly, SOPs Are Written On Somebody's Blood'

'Sadly, SOPs Are Written On Somebody's Blood'

Rediff.com15 Jul 2025

'The tone of the preliminary report creates a narrative towards pilot error. This is wrong.' 'Selected conversation has been divulged. It's not as if the pilots did not speak anything else in the cockpit.'

Who'll succeed Marquez? AIFF begins hunt for new coach

Who'll succeed Marquez? AIFF begins hunt for new coach

Rediff.com4 Jul 2025

AIFF opens application process for new men's head coach position after Marquez's exit

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

Gandhi Called Him 'Father Of The Nation'

Gandhi Called Him 'Father Of The Nation'

Rediff.com5 Sep 2025

On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.

Trump slaps 25% tariff on India from Aug 1

Trump slaps 25% tariff on India from Aug 1

Rediff.com30 Jul 2025

US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.