Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.
US Vice President JD Vance on Friday dismissed reports suggesting that Iran would receive financial incentives merely for signing the peace deal between Washington and Tehran aimed at ending the hostilities in West Asia, calling such claims "fake information".
The US-China rapprochement, however tenuous, is not without implications for India. Both China and Pakistan have become closer to the US, notes Ambassador T P Sreenivasan.
'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'
In the first electoral battle since the new government under Chief Minister D K Shivakumar took charge in Karnataka, the ruling Congress on Thursday won five of the seven Legislative Council seats that went to polls, while the opposition Bhjaratiya Janata Party bagged two.
A World Cup bus was set alight and a teenager suffered a gunshot wound during chaotic scenes in Midtown Manhattan as thousands of basketball fans poured into the streets late on Saturday to celebrate the New York Knicks' historic win in the NBA Finals.
Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.
Tennis legend Rohan Bopanna has expressed his desire to take on an administrative role at the All India Tennis Association (AITA), aiming to drive significant change in Indian tennis. Bopanna highlighted the importance of focusing on existing strengths and providing comprehensive support to players, drawing from his experience with the 'Doubles Dream of India' program.
Amid cross-voting, National Democratic Alliance-supported Independent candidate Parimal Nathwani on Thursday won one of the two Rajya Sabha seats in Jharkhand, defeating the Congress's Pranav Jha, an official said.
US Secretary of State Marco Rubio met with Pakistan's Foreign Minister Ishaq Dar amid American demand that countries mediating the peace talks with Iran join the Abraham Accords and establish diplomatic and economic ties with Israel.
Thousands of New York Knicks fans celebrated their NBA Finals victory in Midtown Manhattan, leading to chaotic scenes including a World Cup bus being set alight and a teenager suffering a gunshot wound in Times Square. Police eventually intervened to disperse the unruly crowds.
Punjab Kings co-owner Mohit Burman has expressed the franchise's interest in owning a team in the Women's Premier League at some point, despite the BCCI's current stance against immediate expansion.
Russian President Vladimir Putin stated that Moscow would not interfere in the "delicate" bilateral relations between India and China, expressing confidence in their ability to resolve border disputes amicably. He also discussed Russia's independent partnerships with both nations, touched upon India-Pakistan ties, and highlighted ongoing and proposed defence cooperation with India, including the BrahMos missile and a potential Su-57 fighter jet project.
A senior Russian diplomat has expressed apprehension over the possibility of the US attempting to regain control of the Bagram airbase in Afghanistan, amidst escalating military tensions in the region.
The EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.
The CJP's rapid rise on social media reflects growing digital dissent and youth frustration with issues like unemployment and exam-paper leaks.
Google has removed the messaging app Telegram from its Play Store in India, with Apple expected to follow, in compliance with a government order aimed at preventing paper leaks during the upcoming NEET-UG re-examination on June 21. The government has also directed Telegram to temporarily disable its message-editing feature until June 30.
The Allahabad High Court has expressed strong displeasure over the delay in the release of funds to NGO-run juvenile homes operating under the Mission Vatsalya scheme, warning of action if a solution is not presented by May 29.
Imran Khan discusses his return to acting, his views on the current trend of violent films, and his upcoming project Adhure Hum Adhure Tum.
The Congress on Sunday lashed out at Prime Minister Narendra Modi over the US' statements after three Indian sailors were killed in American attacks on ships, with party leader Rahul Gandhi saying the "compromised PM" listens "like an obedient servant" and "complies with the orders".
Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.
The family and coach of Indian sprinter Gurindervir Singh celebrate his record-breaking 100m sprint at the Federation Cup in Ranchi, where he became the first Indian to run below 10.10 seconds.
LAMF allows investors to access liquidity while staying invested.
The US Treasury Department is exploring the possibility of featuring Donald Trump's portrait on a new $250 note, pending congressional approval to amend the law that prohibits living individuals from being depicted on US currency.
The ICC board has formed a committee to assess the impact of the growing franchise cricket leagues on the international cricket calendar, aiming to strike a balance and prevent disruption.
rediffGURU T S Khurana answers readers' personal income tax queries
R Ashwin has questioned India's decision to drop T20 World Cup-winning captain Suryakumar Yadav, calling it a significant selection precedent and suggesting the star batter deserved more time to rediscover form.
Karnataka Chief Minister Siddaramaiah congratulated V D Satheesan on being named as the Kerala CM and expressed his desire to work together to protect the shared interests of both states.
Students, college-goers, competitive exam aspirants, and parents gathered at Jantar Mantar in New Delhi for a protest organised by supporters of the Cockroach Janta Party, expressing deep concerns over recurring examination controversies, result uncertainties, and a perceived lack of accountability within the education system.
Former England spinner Graeme Swann has questioned ECB's imposition of midnight curfew on players, and termed Ben Stokes a victim of the culture more interested in policing than celebrating an achievement.
Dr Subhash Kashyap not only enhanced Parliament's image in India and abroad, but also the position of Lok Sabha secretary-general which succeeding secretary-generals have upheld thorough neutrality, objectivity and high degree of professionalism, notes Rup Narayan Das.
Chandigarh and Bhubaneswar have been awarded the rights to host the Asian Relays in 2027 and the Asian Indoor Championships in 2028, respectively, marking a significant achievement for Indian athletics.
Sports Minister Mansukh Mandaviya is pushing for a Formula 1 race in India in 2027 by addressing tax hurdles that led to the event's departure in 2013.
The viral rise of the Cockroach Janta Party reflects growing frustration among Indian youth over unemployment, politics, and economic challenges, sparking nationwide debate online.
India has officially submitted its expression of interest to host the 2038 Asian Games, according to a top official of the national Olympic body, marking a significant step in the country's broader strategy to become a global hub for major multi-sporting events.
India's move to privatise PSLV rocket production through IN-SPACe has triggered debate over national security, ageing technology and the agency's role.
A truck driver was killed and a police constable injured in Manipur's Ukhrul district when suspected militants attacked a convoy of goods vehicles. The Chief Minister condemned the attack and vowed to restore peace.
A wellspring fuelling the CJP tsunami is the high levels of youth unemployment. Millions of youngsters, including extremely over-qualified people, apply in desperation for any job that is advertised. No government has been able to deliver on this front and things may get worse as artificial intelligence enters the workforce, points out Devangshu Datta.
'It's a bit uncertain. Let's see what happens. But he is the top man of Assam, and since my politics is in Assam, I thought it's best to seek his guidance before I take any decision.'
The bill was passed by both houses of the state legislature during the winter session in Belagavi that concluded on December 19 last year, despite strong opposition from the Bharatiya Janata Party and the Janata Dal-Secular.
