Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
A delegation of Indian startup founders and leaders visited the UK to explore collaborations in artificial intelligence and technology, aiming to strengthen the India-UK innovation corridor.
A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.
Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.
Cars24 has announced the launch of its AI Labs, backed by a USD 20 million investment, to foster AI innovation and support startups in the field.
23 political parties of the INDIA bloc will meet on Monday to redraw their strategy to take on the BJP and iron out differences amid changed power dynamics after the defeat of regional anchors TMC and DMK in the recent assembly polls.
A new white paper released by the Tamilaga Vettri Kazhagam (TVK) government reveals that Tamil Nadu's direct debt has nearly doubled to an alarming 10 trillion in the past five years, exposing significant fiscal strain and a substantial debt burden on every citizen.
India's armed forces, including the Army, Navy, and Air Force, extensively participated in yoga sessions across the country to commemorate International Day of Yoga. From high-altitude regions to parade grounds, thousands of personnel, their families, and cadets engaged in various asanas, highlighting yoga's role in promoting physical fitness, mental resilience, and holistic well-being.
Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.
Chief Economic Advisor V Anantha Nageswaran stated that India's economy is projected to return to a 7 per cent-plus growth trajectory by 2027-28 (FY28), or sooner if external conditions improve, despite near-term challenges from the West Asia crisis.
Rebel leader Ritabrata Banerjee has declared his dissident camp as the 'real Trinamool Congress,' claiming the support of 64 MLAs and a growing number of MPs, and explicitly stating they have no plans to merge with the Congress.
Union Finance Minister Nirmala Sitharaman has warned that the ongoing West Asia crisis is not merely a geopolitical issue but will directly lead to higher fuel costs for common people and businesses, impacting shipping, input availability, and export orders.
Kishore Biyani-promoted Future Capital Holdings has received the regulatory go-ahead from Sebi for its initial public offer, estimated to raise between Rs 400-500 crore (Rs 4-5 billion).
Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
The Cockroach Janta Party (CJP) has launched a nationwide protest from Pune, demanding the resignation of Union Education Minister Dharmendra Pradhan over alleged exam irregularities and delays. Climate activist Sonam Wangchuk is also participating in the peaceful demonstration.
A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."
The Congress party's top leadership, including Mallikarjun Kharge, Rahul Gandhi, and K C Venugopal, met with Karnataka's chief minister-designate D K Shivakumar and incumbent Siddaramaiah to finalise the new cabinet, which is scheduled to be sworn in on June 3 in Bengaluru.
US President Donald Trump on Sunday said that the Israeli strikes on Lebanon's capital of Beirut "should not have happened", warning that such escalation could jeopardise the peace agreement with Iran to achieve a complete solution to the West Asia conflict, which, according to him, is within reach.
The case for long-term investment in gold, however, remains intact.
Speculation is rife about a potential rebellion among MPs of the Uddhav Thackeray-led Shiv Sena (UBT), with ruling Sena leader Pratap Sarnaik hinting at welcoming dissidents. Despite a Sena (UBT) MP meeting a rival minister and several skipping a party meeting, senior leaders Sanjay Raut and Anil Desai have dismissed the defection rumours, asserting the unity of their parliamentarians.
A review of the IPL 2026 season, highlighting the successes of Royal Challengers Bengaluru and Gujarat Titans, while noting the disappointing performances of Mumbai Indians and Lucknow Super Giants, setting the stage for significant changes.
Punjab Kings co-owner Mohit Burman highlights the sensitive issue of foreign players' availability in the IPL, urging better collaboration between the BCCI, foreign boards, and stakeholders to ensure overseas players are available for the tournament's duration.
Bihar's greatest resource is not beneath its soil but above it -- its people. With a population approaching 140 million and one of India's youngest demographic profiles, Bihar possesses an asset many societies would envy, explains Bihar Governor Lieutenant General Syed Ata Hasnain (retd).
IPL captains have voiced concerns about the Impact Player rule, which has been extended until 2027, during a meeting in Mumbai. The rule, which allows teams to substitute a player during a match, has sparked debate among players and fans, with some arguing it hampers the development of all-rounders.
Senior Trinamool Congress (TMC) MP Sudip Bandyopadhyay's meeting with Union Minister Bhupender Yadav and allegedly with Home Minister Amit Shah has ignited fresh political speculation about his potential defection and the formation of a dissident parliamentary faction, further deepening the turmoil within the Mamata Banerjee-led party.
Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 27,048 crore from Indian equities so far in May, bringing the total outflows for 2026 to Rs 2.2 lakh crore, driven by global macroeconomic and geopolitical uncertainties.
'The MPC is likely to prioritise the key mandate, which is inflation, while relying on other instruments to stabilise the currency and bond markets.'
The falling Total Fertility Rate offers India a chance to become the Pandavas -- fewer in number, but each citizen genuinely empowered, educated, and capable of contributing to a civilisation worth building, asserts Amberish K Diwanji.
The Budget emerges as a measured, credible and forward-looking policy document that reinforces India's commitment to remaining a stable, reform-oriented economy amid an increasingly fragmented global landscape, says A Balasubramanian.
Siddaramaiah met Rahul Gandhi to discuss his future role within the Congress party after resigning as Chief Minister of Karnataka. The meeting addressed his potential future roles and the formation of the new Karnataka government.
The BCCI has no plans to act as a bridge between overseas players and their respective teams over their availability for the IPL despite concerns being raised by franchises in the recently concluded edition.
Rookie spin bowling all-rounder Harsh Dubey is focused on creating his own identity while representing India, following his maiden call-up for the Afghanistan Test and ODI series.
The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
Through his commitment to democratic norms, debate, dissent and constitutionalism, Jawaharlal Nehru helped ensure that parliamentary democracy took deep root in independent India. Utkarsh Mishra evaluates Nehru's 17 years as India's first prime minister, examining his role in nation-building, democratic institution-building, economic planning, scientific advancement and foreign policy.
Recent BJP organisational moves and Rajya Sabha nominations have sparked speculation that Prime Minister Narendra Modi may soon undertake a ministerial reshuffle.
Perhaps no other cricketer has gone through so much turbulence and transformation between December 3, 2023 and June 6, 2026 as Shreyas Iyer, who took over the reins of India's T20 team from Suryakumar Yadav on Saturday.
Commerce and Industry Minister Piyush Goyal announced that India expects to operationalise nine free trade agreements (FTAs) within the next 10 months, with plans for an additional three to four significant pacts over the coming year, reinforcing India's ambition to become a global manufacturing and investment hub.
Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.
