News for 'Central Board of Direct'

Aamir Told To Include Modi Quote In Sitaare Zameen Par

Aamir Told To Include Modi Quote In Sitaare Zameen Par

Rediff.com19 Jun 2025

The Central Board of Film Certification has issued direction to Sitaare Zameen Par to add a Narendra Modi quote in the film's disclaimer.

SC stay on collector deciding status of Waqf properties

SC stay on collector deciding status of Waqf properties

Rediff.com15 Sep 2025

The Supreme Court has put on hold several key provisions of the Waqf (Amendment) Act, 2025, including the clause that only those practicing Islam for the last five years can dedicate a property as Waqf. The court also addressed the powers of collectors and non-Muslim participation in Waqf Boards.

I-T Bill Restores Tax Benefits For Religious Trusts

I-T Bill Restores Tax Benefits For Religious Trusts

Rediff.com12 Aug 2025

'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in another capital asset for its charitable purposes.'

Key changes in the new Income Tax Bill

Key changes in the new Income Tax Bill

Rediff.com11 Aug 2025

The new Income Tax Bill, passed by Lok Sabha on Monday, has retained the provisions regarding ITR filing for TDS claims and tax exemptions for anonymous donations made to all religious-cum-charitable trusts, as in the existing tax laws. The original Income Tax Bill, which was brought in Parliament in February, had done away with this exemption and the ITR filing flexibility for claiming TDS refunds.

Bulls prowl D-Street: Sensex jumps 716 points

Bulls prowl D-Street: Sensex jumps 716 points

Rediff.com1 Oct 2025

From the Sensex firms, Tata Motors jumped the most by 5.54 per cent, followed by Kotak Mahindra Bank, Trent, Sun Pharma, Axis Bank, and ICICI Bank. However, Bajaj Finance, State Bank of India, UltraTech Cement and Tata Steel were among the laggards.

'TCS Can Survive Without H-1B Visas'

'TCS Can Survive Without H-1B Visas'

Rediff.com21 Oct 2025

'We sent just 500 people from India to the US on H-1B visas. There is no dependence on H-1B visas.'

Will New Sports Bill Be A Game Changer?

Will New Sports Bill Be A Game Changer?

Rediff.com12 Aug 2025

Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.

Pycroft received handshake order just four minutes pre-toss

Pycroft received handshake order just four minutes pre-toss

Rediff.com19 Sep 2025

Pycroft's decision has not been seen by ICC as a breach of any code of conduct, but as an action he was authorised to take in his remit as a match official deputed to manage the game.

'This Year, Taxpayers Should Be Very Careful'

'This Year, Taxpayers Should Be Very Careful'

Rediff.com29 Jul 2025

'With new technology and stricter checks, cheating on taxes is just not worth it anymore.'

'One episode of financial instability can take us many years behind'

'One episode of financial instability can take us many years behind'

Rediff.com2 Oct 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media

No Time Cap on Tax Pleas: FinMin

No Time Cap on Tax Pleas: FinMin

Rediff.com24 Jul 2025

'As a result of delays, the desired reliefs are not coming for taxpayers.'

40K Taxpayers Withdraw Bogus Claims of 1,045 Crore

40K Taxpayers Withdraw Bogus Claims of 1,045 Crore

Rediff.com15 Jul 2025

Taxpayers have been advised to file accurate particulars of their income and contact details, and not to fall prey to agents or intermediaries promising undue refunds.

Taxpayers Stuck In Bureaucratic Nightmare

Taxpayers Stuck In Bureaucratic Nightmare

Rediff.com24 Jul 2025

The tax department has created many circular traps -- flawed reporting formats, penalties for those who point out the flaws, and faceless assessors with no accountability. The result: Millions of taxpayers face needless harassment and procedural dead ends, highlights Harsh Roongta.

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

Rediff.com23 Aug 2025

The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.

How National Sports Bill will impact India-Pak games

How National Sports Bill will impact India-Pak games

Rediff.com23 Jul 2025

The central government will have the power to "impose reasonable restrictions" on the international participation of Indian teams and individual athletes under "extraordinary circumstances", as per the National Sports Governance Bill that was tabled in Lok Sabha on Wednesday.

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.

Tirupati temple board removes 18 non-Hindu employees

Tirupati temple board removes 18 non-Hindu employees

Rediff.com6 Feb 2025

The Tirumala Tirupati Devasthanams (TTD), the custodian of Lord Venkateswara Swamy temple, has barred 18 employees from participating in all religious activities for allegedly partaking in non-Hindu activities. The decision has been defended by the Andhra Pradesh government, citing the need to protect the religious sentiments of Hindu devotees. The move has sparked debate, with some supporting the TTD's stance and others criticizing it as discriminatory.

Parliament passes National Sports Bill after extensive discussion

Parliament passes National Sports Bill after extensive discussion

Rediff.com12 Aug 2025

The National Sports Governance Bill was on Tuesday passed by the Parliament with Rajya Sabha giving its nod a mere 24 hours after Lok Sabha.

'Biggest reform in sports since independence': LS passes Sports Bill

'Biggest reform in sports since independence': LS passes Sports Bill

Rediff.com11 Aug 2025

Sports Minister Mansukh Mandaviya said the Sports Bill is a key reform aimed at building a "transparent, accountable and world-class sports ecosystem" in India.

Direct tax mop-up rises 20% to Rs 5.74 lakh cr on higher corporate advance tax

Direct tax mop-up rises 20% to Rs 5.74 lakh cr on higher corporate advance tax

Rediff.com13 Jul 2024

Net direct tax collection grew 19.54 per cent to over Rs 5.74 lakh crore so far this fiscal on higher advance tax payment by corporate. The first instalment of advance tax, which was due on June 15, rose 27.34 per cent to Rs 1.48 lakh crore. This includes Corporation Income Tax (CIT) at Rs 1.14 lakh crore and Personal Income Tax (PIT) at Rs 34,470 crore.

Rain fury claims 10 lives in Haryana, Himachal, J-K

Rain fury claims 10 lives in Haryana, Himachal, J-K

Rediff.com4 Sep 2025

Heavy rainfall across North India leads to fatalities, structural damage, travel disruptions, and school closures. Eastern states brace for more rain.

'National Sports Bill will usher in new era for sports in India'

'National Sports Bill will usher in new era for sports in India'

Rediff.com19 Jul 2025

Parliamentary Affairs Minister Kiren Rijiju feels that the National Sports Governance Bill, which is set to be tabled in the monsoon session beginning on Monday, will usher in a 'new era' for sports in India.

The Sword Of Vigilance Hangs Over Bankers

The Sword Of Vigilance Hangs Over Bankers

Rediff.com1 Aug 2025

'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.

Direct tax mop-up rises 21% to Rs 4.62 lakh cr

Direct tax mop-up rises 21% to Rs 4.62 lakh cr

Rediff.com18 Jun 2024

Net direct tax collection grew 21 per cent to over Rs 4.62 lakh crore so far this fiscal, on higher advance tax payment by corporates.

Dev Anand: 'I Wanted To Marry Suraiya'

Dev Anand: 'I Wanted To Marry Suraiya'

Rediff.com26 Sep 2025

'I fell in love with Suraiya and that was my first real gafla. The more I couldn't get her, the more I wanted her. When I couldn't marry her because the world didn't want it, I cried for the first time.'

Film Body Wants Diljit Dosanjh Banned; He Reacts

Film Body Wants Diljit Dosanjh Banned; He Reacts

Rediff.com24 Jun 2025

Amid a storm surrounding his collaboration with Pakistani actress Hania Aamir, singer-actor Diljit Dosanjh has taken to social media with a cryptic message.

I-T dept notifies ITR forms 1, 4 for AY 2025-26

I-T dept notifies ITR forms 1, 4 for AY 2025-26

Rediff.com30 Apr 2025

The income tax department has notified ITR forms 1 and 4 for assessment year (AY) 2025-26 that are to be filed by individuals and entities with total income of up to Rs 50 lakh a year. Now individuals having long-term capital gains of up to Rs 1.25 lakh in a fiscal year can also file ITR-1.

Relief for taxpayers, late refund claim may be allowed

Relief for taxpayers, late refund claim may be allowed

Rediff.com23 Jun 2025

'Experts and stakeholders have raised concern over the refund provision in the draft Bill. That was a drafting error, which will be rectified,' a government official said.

End of a toxic chapter: All 337 tonne of Union Carbide waste burnt to ashes

End of a toxic chapter: All 337 tonne of Union Carbide waste burnt to ashes

Rediff.com30 Jun 2025

The waste disposal at the plant in Dhar district's Pithampur industrial area was undertaken following directives of the Madhya Pradesh high court.

Are The Rich Paying Less Tax?

Are The Rich Paying Less Tax?

Rediff.com3 May 2025

They are not just underreporting income; they are reshaping what the income tax system perceives, says study.

Delhi CM attacker planned protest against SC verdict on stray dogs

Delhi CM attacker planned protest against SC verdict on stray dogs

Rediff.com21 Aug 2025

The man accused of attacking Delhi Chief Minister Rekha Gupta told investigators he planned a protest against the Supreme Court's order on relocating stray dogs, similar to Anna Hazare's anti-corruption protests.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

CBIC Eases GST Rules, Checks Overreach

CBIC Eases GST Rules, Checks Overreach

Rediff.com19 Apr 2025

The revised guidelines are aimed at curbing discretionary practices by field officers, especially the tendency to seek documents not mandated under the law.

Sidda minister Rajanna axed after remarks on 'vote theft'

Sidda minister Rajanna axed after remarks on 'vote theft'

Rediff.com12 Aug 2025

Karnataka Cooperation Minister K N Rajanna has been asked to resign after allegedly blaming his own Congress government for 'vote theft' in an Assembly segment. The issue sparked controversy and led to demands for clarification in the state assembly.

Now you can help in drafting Income-Tax rules

Now you can help in drafting Income-Tax rules

Rediff.com18 Mar 2025

Central Board of Direct Taxes on Tuesday said stakeholders can send their inputs for drafting Income-tax rules and related forms pertaining to the proposed Income Tax Bill, 2025. The Income Tax Bill, 2025 was introduced in Parliament last month and is currently under examination by the Select Committee for detailed consideration.

358 tonnes of toxic Union Carbide waste incinerated

358 tonnes of toxic Union Carbide waste incinerated

Rediff.com4 Jul 2025

Incineration of entire 358 tonnes of toxic waste from the defunct Union Carbide factory finally concluded as contaminated soil and packaging material were burnt at a disposal plant in Madhya Pradesh's Pithampur on Thursday, over six months after the consignment was brought to the unit.

Net direct tax collection surpasses RE in FY24; corp tax receipts a miss

Net direct tax collection surpasses RE in FY24; corp tax receipts a miss

Rediff.com22 Apr 2024

Direct tax collection, net of refunds, moderately exceeded the revised estimates (RE) for the financial year 2023-24 (FY24) on the back of personal income tax revenues, but corporation tax receipts fell short of the RE. Net direct tax collection stood at Rs 19.58 trillion in FY24, surpassing the RE of Rs 19.45 trillion by Rs 13,000 crore, or 0.7 per cent. The government had revised up FY24 projections for personal income tax by 13.5 per cent over the Budget estimates (BE) of Rs 9 trillion, at Rs 10.22 trillion.

HC directs MP to act on Union Carbide waste disposal in 6 weeks

HC directs MP to act on Union Carbide waste disposal in 6 weeks

Rediff.com7 Jan 2025

The Madhya Pradesh high court in Jabalpur on Monday directed the state government to take steps within six weeks for disposal of Bhopal-based Union Carbide's 337 tonnes of hazardous waste as per safety protocols, while restraining the media from publishing any fake news on the same.

Cockpit Voice Recorder found 4 days after AI plane crash

Cockpit Voice Recorder found 4 days after AI plane crash

Rediff.com16 Jun 2025

With the finding of both black boxes of the plane, it would be easy for investigators to ascertain the cause of the crash.

HC orders Customs to ensure old jewellery of flyers are...

HC orders Customs to ensure old jewellery of flyers are...

Rediff.com3 Apr 2025

The Delhi High Court has directed Customs officials to ensure that old and personal jewellery of travellers, including ornaments being worn by them during travel, are not unnecessarily detained at airports and they are not harassed. The court was hearing a batch of more than 30 petitions raising issues on the procedure for detention of goods belonging to the tourists travelling to India, of both Indian and foreign origin, by the Customs department.