News for 'Deloitte'

India's GDP to grow 6.7-6.9% in FY26: Deloitte

India's GDP to grow 6.7-6.9% in FY26: Deloitte

Rediff.com23 Oct 2025

Deloitte India on Thursday projected India's economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew 7.8 per cent in the April-June quarter of current fiscal.

World Football's Biggest Earners Revealed!

World Football's Biggest Earners Revealed!

Rediff.com22 Jan 2026

Real Madrid are football's biggest earners, Liverpool best in Premier League

Demanding Job? Here's How To Find Time For Romance

Demanding Job? Here's How To Find Time For Romance

Rediff.com6 days ago

For Gen Z professionals juggling targets, long hours, late-night calls and unrealistic expectations, finding time for romance has become a whole new challenge.

Missed Income In ITR? File ITR-U

Missed Income In ITR? File ITR-U

Rediff.com4 Feb 2026

Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors that led to a shortfall in tax payment.

GST collections rise 6.2% to 3-month high of Rs 1.93 lakh cr in Jan

GST collections rise 6.2% to 3-month high of Rs 1.93 lakh cr in Jan

Rediff.com2 Feb 2026

Gross GST collections rose 6.2 per cent to a three-month high of over Rs 1.93 lakh crore in January, indicating increased consumption is making up for rate cuts late last year, sources said on Sunday.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

Net direct tax kitty swells 9% to Rs 18.4 lakh cr

Net direct tax kitty swells 9% to Rs 18.4 lakh cr

Rediff.com12 Jan 2026

Net direct tax collection grew about 8.82 per cent to over Rs 18.38 lakh crore in the current fiscal till January 11 due to slower refunds and better corporate tax mop-up.

Texas governor orders freeze on new H-1B visas; Indians likely to be hit

Texas governor orders freeze on new H-1B visas; Indians likely to be hit

Rediff.com28 Jan 2026

Texas Governor Greg Abbott has directed state agencies and public universities to suspend new H-1B visa petitions through May 2027, a move likely to affect Indian professionals. The order comes amid ongoing debate over skilled immigration and potential impacts on academic research and innovation.

India Inc lauds Budget for bold bets on AI, data centres

India Inc lauds Budget for bold bets on AI, data centres

Rediff.com1 Feb 2026

India Inc on Sunday hailed the Union Budget 2026-27 as a 'structural shift' in the country's technology landscape, noting that the government is moving beyond fragmented pilots to build foundational layers where AI serves as a 'horizontal enabler' for the entire economy.

Want To Plan Your Tax Savings? Read This

Want To Plan Your Tax Savings? Read This

Rediff.com28 Jan 2026

The most common mistake is investing without assessing suitability and long-term implications.

Govt urged not to hike I-T surcharge on super-rich in Budget

Govt urged not to hike I-T surcharge on super-rich in Budget

Rediff.com11 Jan 2026

The government should refrain from raising income tax surcharge on the super-rich and reintroducing wealth tax in the upcoming 2026-27 Budget, as the move could prompt persons in high-income brackets to leave the country for low-tax jurisdictions, according to tax experts.

GST collections rise 6% to over Rs 1.74 lakh cr in December 2025

GST collections rise 6% to over Rs 1.74 lakh cr in December 2025

Rediff.com1 Jan 2026

Gross GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025, even as sweeping tax cuts slowed down growth in revenues from domestic transactions, according to government data released on Thursday.

Net direct tax mop up grows 8% to Rs 17 lakh cr

Net direct tax mop up grows 8% to Rs 17 lakh cr

Rediff.com19 Dec 2025

Net direct tax collection grew 8 per cent to over Rs 17.04 lakh crore this fiscal till December 17 on slower refunds and higher advance taxes from corporates, the income tax department data showed on Friday.

Will India continue to remain an attractive FDI destination in 2026?

Will India continue to remain an attractive FDI destination in 2026?

Rediff.com27 Dec 2025

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.

December 31: Last Chance To File ITR

December 31: Last Chance To File ITR

Rediff.com26 Dec 2025

Filing a belated return is far better than not filing at all.

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Rediff.com16 Dec 2025

The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

Cabinet OKs Private Entry into Nuclear Power

Cabinet OKs Private Entry into Nuclear Power

Rediff.com13 Dec 2025

The Bill is likely to pave the way for amending two existing legislations -- the Atomic Energy Act 1962, and the Civil Liability for Nuclear Damage Act 2010.

India's GDP to grow at 6.5-6.7% in FY26: Deloitte

India's GDP to grow at 6.5-6.7% in FY26: Deloitte

Rediff.com1 May 2025

Deloitte on Thursday projected economic growth at 6.5-6.7 per cent for the current fiscal, as tax incentives provided in the Budget are expected to push domestic demand amid an uncertain global trade environment. Deloitte estimated India's GDP growth at 6.3-6.5 per cent for FY25 and said that the economic outlook for FY26 hinges on a delicate balance between evolving trade relations and government efforts to boost domestic consumer demand.

Rupee Slide Makes Overseas Trips Costlier

Rupee Slide Makes Overseas Trips Costlier

Rediff.com5 Dec 2025

Travel firms expect package prices to rise by 5 to 10 per cent, depending on destination and inclusions.

Why OTT Wants To Dub South Films

Why OTT Wants To Dub South Films

Rediff.com8 Dec 2025

'For OTT platforms, securing dubbed rights often makes greater business sense, enabling them to serve diverse regional audiences more effectively.'

Want To Hire Gen Z? Focus On Environment First

Want To Hire Gen Z? Focus On Environment First

Rediff.com28 Oct 2025

65 per cent of Gen Zs and 63 per cent of millennials feel worried about the environment and are willing to pay more for sustainable products or services.

Indian consumers show renewed festive optimism

Indian consumers show renewed festive optimism

Rediff.com17 Oct 2025

Indian consumers are entering the festive season with renewed confidence and financial optimism, outpacing global benchmarks, according to Deloitte India's latest Consumer Signals: India Chapter. "With inflationary pressures easing and the recent Goods and Services Tax (GST) revisions enhancing purchasing power and festive cheer among consumers, this brings a new wave of consumption.

Make demergers tax-neutral, biz houses nudge govt

Make demergers tax-neutral, biz houses nudge govt

Rediff.com26 Nov 2025

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.

World's Richest Football Club Eyes Stake Sale!

World's Richest Football Club Eyes Stake Sale!

Rediff.com23 Nov 2025

Real Madrid are considering creating a subsidiary that would allow external investors to buy a stake of around 5% in the world's most valuable football club.

IT Firms Brace For DPDP With Minimal Disruption

IT Firms Brace For DPDP With Minimal Disruption

Rediff.com26 Nov 2025

'The impact will be minimal and it will only increase compliance cost on consent, data flows, localisation timelines, internal audits, data mapping, and new tooling.'

India logs 6-quarter high GDP growth of 8.2% in Q2

India logs 6-quarter high GDP growth of 8.2% in Q2

Rediff.com28 Nov 2025

The Indian economy recorded a six-quarter high growth of 8.2 per cent in July-September, as factories churned out more products in anticipation of a consumption boost from the GST rate cut, according to government data.

1 in 3 Decade-Old Tax Cases Still Unheard

1 in 3 Decade-Old Tax Cases Still Unheard

Rediff.com12 Nov 2025

'Tax cases are technical in nature... Many high courts do not have a tax bench, which also contributes to the delay.'

India Activates Digital Privacy Law

India Activates Digital Privacy Law

Rediff.com15 Nov 2025

The new rules allow for a staggered implementation road map, giving companies, data fiduciaries, data principals, and other stakeholders up to 18 months to comply with the administrative guidelines under the DPDP Act.

India's Chess Titans Eye World Cup Triumph

India's Chess Titans Eye World Cup Triumph

Rediff.com29 Oct 2025

India hosts the event from a position of unprecedented strength with a string of titles under its belt.

GST collection grows at slower pace of 4.6% in October

GST collection grows at slower pace of 4.6% in October

Rediff.com1 Nov 2025

Festive buying spree unleashed by lower tax rates pushed gross GST collection to about Rs 1.96 lakh crore in October, registering a 4.6 per cent year-on-year growth -- the slowest rate so far this fiscal.

India's Cricket Boom Is Just Beginning

India's Cricket Boom Is Just Beginning

Rediff.com9 Oct 2025

'We have just scratched the surface because cricket has been around for the longest time.'

Premier League Flexes Financial Muscle With Record Splurge!

Premier League Flexes Financial Muscle With Record Splurge!

Rediff.com2 Sep 2025

Isak's record Liverpool move caps Premier League's 3 billion transfer frenzy

US Senators question TCS, 9 others over H-1B visa filings

US Senators question TCS, 9 others over H-1B visa filings

Rediff.com3 Oct 2025

Tata Consultancy Services (TCS), Cognizant and eight other major corporations have been questioned by US Senators for filing thousands of H-1B skilled labour visa petitions after conducting "mass layoffs" of American employees.

Why Is I-T Department Cracking Down On...

Why Is I-T Department Cracking Down On...

Rediff.com1 Oct 2025

Do not panic on receiving a notice. Verify if your work falls under professions notified in Section 44AA(1).

TCS likely to be hit hard by Trump's H-1B visa fee hike

TCS likely to be hit hard by Trump's H-1B visa fee hike

Rediff.com20 Sep 2025

According to the US Citizenship and Immigration Services (USCIS), Amazon had 10,044 workers using H-1B visas as of June, 2025. Coming in at the second spot was TCS with 5,505 H-1B visas approved.

Joint Property? Keep Funding Proof Ready

Joint Property? Keep Funding Proof Ready

Rediff.com30 Sep 2025

'Always keep accurate and transparent records of the source of the investment or property's funding: Loan agreements, transfer records of the property, and bank statements of co-owners if available.'

H-1B fee: Indian industry to spruce up local US hiring, says Nasscom

H-1B fee: Indian industry to spruce up local US hiring, says Nasscom

Rediff.com22 Sep 2025

Nasscom on Monday said the US clarification that the H-1B visa fee hike will not affect current visa holders and will apply as a one-time fee only to fresh petitions has helped address the immediate ambiguity surrounding eligibility and timelines.

Cost of H-1B fee hike? $500 mn for 5,000 new filings

Cost of H-1B fee hike? $500 mn for 5,000 new filings

Rediff.com22 Sep 2025

The magnitude of the new H-1B visa application fee for fresh petitions - math of which works out to USD 500 million in case of 5,000 filings - may nudge IT companies to expand offshore delivery or increase local hiring, according to Motilal Oswal Financial Services.