News for 'Accounts Department'

Cong's bank accounts 'unfrozen' after I-T action claim

Cong's bank accounts 'unfrozen' after I-T action claim

Rediff.com16 Feb 2024

This has affected all political activity of the party, Maken said at a press conference.

India, US trade talks to start from April 23 in Washington

India, US trade talks to start from April 23 in Washington

Rediff.com23 Apr 2025

Indian and US officials will begin deliberations on the proposed bilateral trade agreement in Washington from Wednesday with an aim to iron out issues and give an impetus to the negotiations.

Was LeT involved in Pahalgam?: UNSC asks Pak 'tough questions'

Was LeT involved in Pahalgam?: UNSC asks Pak 'tough questions'

Rediff.com6 May 2025

The United Nations Security Council held closed-door consultations on rising tensions between India and Pakistan, with envoys calling for restraint and dialogue. The consultations, requested by Pakistan, lasted for about an hour and a half. UN Secretary-General Antonio Guterres expressed concern over the tensions, urging both countries to avoid a military confrontation. India's former Permanent Representative to the UN, Syed Akbaruddin, said that no consequential outcome could be expected from the discussion.

'My Mother Received An I-T Notice For...'

'My Mother Received An I-T Notice For...'

Rediff.com8 Apr 2025

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

Smartphones ring loudest in exports

Smartphones ring loudest in exports

Rediff.com24 Apr 2025

Smartphones, for the first time, emerged as India's largest individual export commodity by value over 10 months of any financial year, during the April-January period of FY25, based on harmonised system (HS) codes. During the period under review, smartphone exports from India reached $18.31 billion, according to data from the Department of Commerce, surpassing automotive diesel fuel exports, which stood at $16.04 billion.

Outlook gloomy for corporate share in direct tax mopup

Outlook gloomy for corporate share in direct tax mopup

Rediff.com19 Apr 2025

Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net direct tax collections as of March 16, compared to 48.1 per cent on the same date in 2023-24 (FY24).

Should You Take Possesion Of House Without An OC?

Should You Take Possesion Of House Without An OC?

Rediff.com14 May 2025

Taking possession without an OC can lead to legal complications, denial of utilities such as water and electricity, hurdles in availing home loans or reselling the property, and even eviction.

Govt May Cut Small Savings Rates

Govt May Cut Small Savings Rates

Rediff.com17 Feb 2025

The interest rate on these schemes have remained unchanged for over a year now.

US cop who struck and killed Indian student with patrol car fired

US cop who struck and killed Indian student with patrol car fired

Rediff.com7 Jan 2025

The development comes months after another Seattle police officer Daniel Auderer was fired following his insensitive comments and laughter after Kandula's death.

Battle royal in offing as RCB, Delhi Capitals clash at Kotla

Battle royal in offing as RCB, Delhi Capitals clash at Kotla

Rediff.com26 Apr 2025

Virat Kohli remains the biggest draw as he returns to his 'home ground' at the back of five half-centuries in nine games. Four of them have come away from the Chinnaswamy Stadium and despite being in the opposition camp, the Delhi crowd will be hoping the Indian superstar extends his prolific run in the tournament.

US, UK call for calm amid heightened India-Pak tensions

US, UK call for calm amid heightened India-Pak tensions

Rediff.com30 Apr 2025

Amid rising tensions between India and Pakistan, the US has called on both countries "not to escalate" the conflict. Secretary of State Marco Rubio is expected to speak with the foreign ministers of Pakistan and India as early as today or tomorrow. The US State Department said Washington is reaching out to both India and Pakistan "regarding the Kashmir situation" and telling them "not to escalate the situation."

What Indian taxpayers want from CBDT

What Indian taxpayers want from CBDT

Rediff.com2 Feb 2025

An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has "largely" received suggestions for "simplifying" the language, better "structuring" the provisions and enlarging the ambit of schemes like presumptive taxation, CBDT chairman Ravi Agrawal said Sunday. Speaking to PTI during a post-Budget interview at his North Block office, Agrawal said the panel also "studied" the deliberations and processes of countries like the UK, Australia and some others where a similar tax law simplification exercise was undertaken.

'Digital Act Will Kill RTI Slowly, Surely'

'Digital Act Will Kill RTI Slowly, Surely'

Rediff.com23 Apr 2025

'By extending the definition of 'personal' to include institutions and not just individuals, the State has equipped itself with a tool to block access to most kinds of information.'

None of our business: J D Vance on India-Pak conflict

None of our business: J D Vance on India-Pak conflict

Rediff.com9 May 2025

Amid escalating tensions between India and Pakistan, the US has said it will not get involved in the conflict, stressing that it is "fundamentally none of our business." While acknowledging concerns about a potential nuclear war, Vice President J D Vance emphasized that the US cannot control India and Pakistan, but can encourage them to de-escalate. The US has also reiterated its support for direct dialogue between the two countries and encouraged efforts to improve communications.

I-T tribunal junks Cong plea to stop action against bank accounts

I-T tribunal junks Cong plea to stop action against bank accounts

Rediff.com8 Mar 2024

'How can one expect fair elections in such a situation when funds to the tune of Rs 270 crore have been freezed or taken away by the Income Tax authorities from Congress party's accounts'

How India plans to tackle possible import surge from China, others

How India plans to tackle possible import surge from China, others

Rediff.com7 Apr 2025

The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.

Did RR Miss A Trick By Keeping Rana Out Of Super Over?

Did RR Miss A Trick By Keeping Rana Out Of Super Over?

Rediff.com17 Apr 2025

Delhi Capitals pulled off a thrilling win via the Super Over against Rajasthan Royals, courtesy a Mitchell Starc masterpiece.

Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept

Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept

Rediff.com17 Nov 2024

The Income-Tax Department on Sunday cautioned taxpayers that failure to disclose assets held abroad or income earned in foreign shores in the ITR can attract a penalty of Rs 10 lakh under the anti-black money law. The department issued a public advisory as part a compliance-cum-awareness campaign launched recently by it on Saturday to ensure that such information is reported by the assessee in their Income Tax Return (ITR) for assessment year (AY) 2024-25.

'Attention Comes With Pressure And Responsibility'

'Attention Comes With Pressure And Responsibility'

Rediff.com27 May 2025

'Tomorrow I will go back home, clean my bed, pay my rent, all the normal things that a person does.' 'I'll still be the same person for my friends, my parents.' 'That grounding is the real thing, rather than the feeling of having made it.'

'China Was Single Most Important External Factor In This Conflict'

'China Was Single Most Important External Factor In This Conflict'

Rediff.com15 May 2025

'Every decision India makes along the LoC, it must also consider implications along the LAC.'

ED searches Soros' funding agency, investment arm in Bengaluru

ED searches Soros' funding agency, investment arm in Bengaluru

Rediff.com18 Mar 2025

Soros, a Hungarian-American political activist, and his organisations like OSF have been accused by the ruling BJP of acting against India's interests. His utterances during the Adani-Hindenburg controversy also drew criticism from the party.

India, US trade talks likely to resume in Washington

India, US trade talks likely to resume in Washington

Rediff.com17 Apr 2025

An Indian official team is likely to visit Washington next week to iron out differences on certain issues before formally launching negotiations for the proposed India-US bilateral trade agreement (BTA), an official said. The visit, which comes within weeks of a high-level US team visiting India, indicates that the talks for the BTA are gaining momentum.

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Rediff.com3 Apr 2025

ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.

Pune hospital ends deposit policy after pregnant woman's death

Pune hospital ends deposit policy after pregnant woman's death

Rediff.com5 Apr 2025

The Deenanath Mangeshkar Hospital in Pune, India, has stopped taking deposits from patients at the emergency department after a pregnant woman died after being turned away for non-payment. The hospital faced intense criticism following the incident, which involved the wife of a BJP MLC's personal secretary. The woman was shifted to another hospital where she died after delivering twins.

14 killed in massive fire at Kolkata hotel, safety lapses exposed

14 killed in massive fire at Kolkata hotel, safety lapses exposed

Rediff.com1 May 2025

A massive fire that tore through a budget hotel in the congested Mechuapatti area of Burrabazar in central Kolkata on Tuesday night claimed at least 14 lives and left 13 injured, triggering a political blame game and calls for accountability.

How Adani Countered Hindenburg And Made The Boldest Comeback

How Adani Countered Hindenburg And Made The Boldest Comeback

Rediff.com22 Apr 2025

Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed 'Operation Zeppelin,' named after the German dirigible airships used for reconnaissance and bombing during the First World War.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Our country will be woke no longer: Trump

Our country will be woke no longer: Trump

Rediff.com5 Mar 2025

Trump said his administration also dismissed Biden-era lawsuits against police and fire departments that were portrayed as racist for using writing tests, physical exams, and credit checks in their hiring processes.

Eliminate online betting, gambling apps, YSRCP MP urges govt

Eliminate online betting, gambling apps, YSRCP MP urges govt

Rediff.com26 Mar 2025

A strong demand was made in the Lok Sabha to eliminate online betting and gambling applications. YSRCP member Maddila Gurumoorthy urged the government to set up a dedicated task force to take action against betting and gambling apps. He also asked the government to draft regulations for such applications and launch awareness campaigns about the dangers of online betting. Other issues raised included deposit insurance coverage for bank depositors, representation of Scheduled Castes in the Kerala government, challenges faced by nurses, and the need for paramilitary forces in Jharkhand during upcoming Hindu festivals.

Journalist mistakenly added to Trump's Yemen war plans group

Journalist mistakenly added to Trump's Yemen war plans group

Rediff.com25 Mar 2025

Security experts have warned that using Signal for discussions of this nature violates every established protocol for handling classified information.

537 Pak nationals exit India via Attari as deadline ends

537 Pak nationals exit India via Attari as deadline ends

Rediff.com27 Apr 2025

The exit deadline for Pakistani nationals visiting India on SAARC visas ended on April 26, while for the rest, except those on medical visas, it is set to close on Sunday, April 27 amid escalating tensions between the two countries over the Pahalgam terror attack that killed 26 people.

Kashmiri Pandit women marrying non-migrants won't lose status: HC

Kashmiri Pandit women marrying non-migrants won't lose status: HC

Rediff.com1 Dec 2024

The two women -- Seema Koul and Vishalni Koul -- had moved the high court in 2018 after their provisional selection to the post of legal assistant in the department of disaster management relief, rehabilitation and re-construction under the PM package for Kashmiri migrants in December 1, 2017 forfeited on the ground that they have lost their migrant status having married non-migrant persons.

Devotee drops iPhone in 'hundi', TN temple says 'God's property'

Devotee drops iPhone in 'hundi', TN temple says 'God's property'

Rediff.com21 Dec 2024

As per the practises and tradition at the temples, any offerings made into the hundial directly goes into the account of the deity of that temple. Rules do not permit the administration to return the offerings back to the devotees, Babu told reporters in Chennai.

India set to take back 18,000 illegal migrants from US

India set to take back 18,000 illegal migrants from US

Rediff.com22 Jan 2025

During his inauguration on Monday, President Trump declared a national emergency at the US southern border.

NDMA Plans 300 More Heat Action Plans as Mercury Rises

NDMA Plans 300 More Heat Action Plans as Mercury Rises

Rediff.com18 Mar 2025

States are mandated to develop and implement 'heat HAPs' for prevention of heat-induced diseases. But most do not go beyond standard advisory on heat prevention.

'No Politics When It Comes To The Country's Finances'

'No Politics When It Comes To The Country's Finances'

Rediff.com2 Apr 2025

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'

'Will My ITR Invite More Scrutiny?'

'Will My ITR Invite More Scrutiny?'

Rediff.com5 Mar 2025

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

No Better Sight In Cricket Than Rahul In Flow

No Better Sight In Cricket Than Rahul In Flow

Rediff.com11 Apr 2025

K L Rahul's impeccable 93 not out off 53 deliveries propelled Delhi Capitals to an emphatic six-wicket win over Royal Challengers Bengaluru at the Chinnaswamy stadium, Bengaluru, on Thursday, April 10 2025.

US refutes reports of expelling Indian diplomats

US refutes reports of expelling Indian diplomats

Rediff.com30 Oct 2024

The United States State Department has refuted reports claiming Washington, DC is considering 'expelling' Indian diplomats amid the strained ties between India and Canada.

London's Heathrow airport closure disrupts flight ops

London's Heathrow airport closure disrupts flight ops

Rediff.com22 Mar 2025

Following a significant power outage, operations at the London Heathrow (LHR) have been suspended till 2359 hours (local time) on March 21 (05.30 am March 22, IST).