Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Maharashtra heads to the polls for 29 municipal corporations, with Mumbai's BMC election taking center stage as the BJP-led Mahayuti faces off against the Thackeray front. Key issues include promises for women, pollution control, and the city's financial health.
Brookfield Asset Management will invest $1 billion to develop Asia's largest global capability centre (GCC) in Mumbai's Powai, the New York-based global alternative asset manager said in a statement on Friday. The infrastructure arm of Canada's investment firm will develop the campus across 6 acres with 2 million square feet that can be let out.
Developers are entering one of the busiest construction cycles, with the top four firms planning launches worth Rs 1.13 trillion over the near to medium term, even as execution faces pressure from approval delays, labour shortages, rising costs, and contractor capacity limits across the industry.
'Even as the Supreme Court's anti-punitive demolition judgment nears its first anniversary, no formal contempt proceedings have been initiated either by the Supreme Court or any high court against officers or demolition squads who have acted in violation of it.'
In its instructions issued to the chief electoral officer of Assam, the poll authority said that "software-based" reports should be generated for 'black and white images', 'not to specification images', 'non-human images' and 'no image' entries.
'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'
The Supreme Court has sought responses from the Centre and others on a plea challenging the validity of a provision of the Income Tax Act that allows political parties to receive "anonymous" cash donations below Rs 2,000.
A heavy metal object, suspected to have fallen from an Indian Air Force aircraft, caused significant damage to a house in Pichhore, Madhya Pradesh. The incident occurred on Friday morning, with no injuries reported. The object, which appeared to be "extremely solid" and had burn marks, created an 8 to 10 feet deep pit in the courtyard of the house. Police and the Air Force are investigating the incident.
The fate of properties worth Rs 15,000 crore inherited by actor Saif Ali Khan and his family from Bhopal's erstwhile rulers hangs in the balance due to uncertainty over filing an appeal against an order of the Office of the Custodian of Enemy Property. If an appeal is not filed by the Bhopal Nawab's successors, the properties could fall under the Centre's control, lawyers have said. The matter stems from a 2015 ruling that declared the Bhopal Nawab's property "Enemy Property" due to the eldest daughter, Abida Sultan Begum, migrating to Pakistan after the Partition. However, a 1962 order recognized Sajida Sultan Begum, the second daughter, as the sole successor to the properties after the death of Nawab Hamidullah Khan. The dispute is currently with the Mumbai-based Office of the Custodian of Enemy Property, following a Madhya Pradesh High Court order that directed the filing of a representation within 30 days. The high court's order also raised the issue of limitation as the appeal was filed after a significant period. The properties include Noor-Us-Sabah Palace, Dar-Us-Salam, Bungalow of Habibi, Ahmedabad Palace and Flag Staff House. The Enemy Property Act was passed in 1968 to regulate properties left behind in India by those who emigrated to Pakistan.
Interpol has issued a Blue Notice against the owners of a Goa nightclub who fled after a fire claimed 25 lives. Police are investigating violations and illegalities related to the nightclub's operation.
The celebrated singer died under mysterious circumstances in Singapore on September 19 while swimming in the sea. He had gone to that country to attend the 4th edition of the North East India Festival (NEIF).
Hearings under the Special Intensive Revision (SIR) of electoral rolls were underway in West Bengal, focusing on 'unmapped' voters who are unable to establish linkage with the 2002 electoral roll. Many people are being asked to prove their citizenship.
Days after Russia alleged that Ukraine targeted President Vladimir Putin's official residence in a drone attack, Russian authorities on Thursday said they had shared what they described as evidence related to the incident with the United States, Anadolu Agency reported.
Nyrraa Banerji's reason for staying away from Bollywood for a while: 'In Bollywood, there was a phase where all the movies were getting very bold. Physical intimacy was the criteria at that time for films. I didn't want to be part of that.'
'Assess the property in terms of type, size, location and price point, and whether it fits into your budget.' 'If it checks out on these fronts, one may consider the accompanying offers.'
India's housing market has remained resilient this festival season (Dussehra-Diwali period), despite global macroeconomic challenges, tech-sector layoffs, and affordability pressures, with developers reporting 10-25 per cent year-on-year (Y-o-Y) rise in home sales across major cities.
Saurabh and Gaurav Luthra, the owners of the Goa nightclub wanted in connection with the fire tragedy that claimed 25 lives at the facility, have fled to Thailand, prompting police to seek the help of Interpol to trace them, officials said in Panaji on Monday.
Jammu and Kashmir Police detained over 50 people for alleged involvement in anti-state activities following raids across multiple districts. The crackdown targeted separatist networks, overground workers, and individuals linked to Pakistan-based Kashmiri natives.
Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power to disgorge unlawful gains made by insurers and intermediaries as well as the right to limit commissions paid to intermediaries.
Former Bihar CM Rabri Devi has been allotted a new residence by the Nitish Kumar government, requiring her to vacate the bungalow she has occupied for years. The decision has sparked reactions from RJD leaders and family members.
Affordable homes, priced under Rs 40 lakh per unit, may not be attractive anymore, not just for developers but also for investors, with the segment seeing a 26 per cent price rise over three years since 2022 versus 40 per cent returns from luxury homes priced Rs 1.5 crore and above.
The accused also stabbed his mother when she tried to intervene. She sustained injuries and was admitted to a hospital, Panjagutta police said, adding that he was subsequently arrested on Saturday.
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Top real estate developers reported healthy presales growth in the second quarter of FY26, aided by a steady pipeline of new project launches. While overall housing momentum across major Indian cities moderated during the quarter, listed players remained relatively insulated.
Average housing prices across Mumbai Metropolitan Region (MMR), Delhi-NCR, Chennai and Pune remained stable during the January-March period compared to the previous quarter while rates appreciated 4-5 per cent in the other four major cities, according to PropTiger. Data from real estate brokerage firm PropTiger, a part of REA India that owns Housing.com, showed that prices in Bengaluru and Hyderabad grew 5 per cent each while Ahmedabad and Kolkata saw an appreciation of 4 per cent each.
A class 11 student in Gurugram was shot and critically injured allegedly by a classmate using his father's licensed pistol. Police have apprehended two minor students and recovered the weapon.
The house of the BJP Minority Morcha's Manipur president, Asker Ali, was set on fire by a mob allegedly for supporting the Waqf Amendment Act. The incident happened at Lilong in Thoubal district on Sunday night. Ali had expressed his support for the Act on social media on Saturday. An irate mob gathered outside his residence around 9 pm, vandalised it and later set it on fire. Following the incident, Ali posted a video on social media, apologising for his earlier statement. He also expressed opposition to the Act.
The deal includes a security deposit of 10.10 crore and features an unusually steep 15 per cent escalation every three months, which stands out in Bengaluru's commercial leasing market.
Prime Minister Narendra Modi criticized the Congress party following the NDA's victory in the Bihar assembly elections, accusing them of divisive politics and highlighting the rejection of casteism and communalism by the people of Bihar.
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
For homebuyers, the OC is not just an administrative formality but the very basis of lawful possession. Without it, the property is deemed unauthorised, exposing buyers to risks such as eviction, denial of utilities, or even demolition.
'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'
The original owner of the land where the Goa nightclub fire occurred claims he had flagged illegalities and fought a legal battle for 20 years.
'The ruling does not automatically mean that your house can be taken away, but suppose it blocks an expressway or a highway or such essential development, then it can be taken away as long as there is a law to support that action.'
A few days back, the Nagpur Municipal Corporation issued a notice to Khan, citing various lapses and lack of the building plan approval (for his house), sources said.
The Indian nationals sanctioned include Varun Pula, who owns Marshall Islands-based Bertha Shipping Inc., which owns and operates Comoros-flagged vessel PAMIR.
'Caring for one's parents is the husband's responsibility, especially if he is the earning member of the family.' 'The wife may be financially dependent on him but that does not create a legal obligation for her to serve or care for her in-laws.'
The government has criticized Sonia Gandhi for holding '51 cartons of Jawaharlal Nehru papers' and has requested their return to the Prime Ministers' Museum and Library (PMML) for public access.
