Two persons including a man who allegedly opened fire outside Bollywood actor Salman Khan's residence in Mumbai have been arrested from Gujarat, police said on Tuesday.
Workers of the Maharashtra Navnirman Sena (MNS) confronted residents of a housing society in suburban Ghatkopar over allegations that Gujarati residents insulted Marathi-speaking families for eating non-vegetarian food. The incident, captured on video and widely shared on social media, sparked intervention from police and condemnation from a state minister. The MNS leader in the video accused the Gujarati residents of calling the Marathi-speaking families "dirty" for their food choices, a claim denied by a resident of the building. The incident highlights simmering tensions between language communities in Mumbai, particularly in the lead-up to civic elections.
You need not worry even if there is a mismatch between your income and deduction in Form 16/16A and Form 26AS, says Ashley Coutinho
Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan
If found with invalid one, the landlord will be in trouble and the tenant could face eviction
Tenants should primarily buy contents insurance. 'This covers personal belongings like electronics, furniture, clothes, and appliances against risks such as fire, theft, floods, and other natural calamities.
Many senior citizens fail to disclose certain incomes like interest, commissions, or dividends in their ITRs.
Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.
Long-term tax on capital gains arising from selling a house can be invested in another property under Section 54.
The choice of tax regime dictates how your income will be taxed. If you don't make the right pick, you might end up losing money.
The Finance Minister, however, left the current income tax slabs unchanged.
The I-T department's app is useful for those looking for information, grievance redress, and resolving PAN- or TAN-related issues.
If you are merely letting out the property and enjoying the rent as an individual or as a company, in most cases, you will need to mention rental income under the head 'income from house property' in the income-tax return form, points out Tinesh Bhasin.
'The fact that you did not receive the rent through a bank will not take away the taxability of the rent in your hands.'
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
The Karnataka legislative assembly on Tuesday passed bills enhancing the salaries and allowances of the chief minister, ministers and legislators.
You can reduce your tax burden by wisely using partially taxable allowances, suggests Bindisha Sarang.
According to the peculiar facts of the case, the six policemen of Jalgaon called three tenants including Vijaykumar Vishwanath Dhawale and Vinod Dodhu Chaudhary to a police station on March 9, 2022 and kept them under detention for 24 hours.
The reimbursement components of your salary require you to furnish bills before they become tax-exempt. Producing them may be difficult this year.
'My life has been quite difficult. I felt I could see it in words. I thought if everyone else can write, then I can too.'
'Earlier there was no provision for considering TCS collected from the taxpayer for overall tax computation.' 'Now, credit will be given by the employer for TCS already collected to consider net tax to be deductible.'
Policymakers are examining the possibility of increasing the tax-free slab to Rs 5 lakh in the two-year-old alternative personal income tax regime to make it attractive, a government official said. At present, taxpayers don't pay income tax if their taxable income is Rs 2.5 lakh and below. Increasing the threshold will reduce the tax outgo for assessees, thereby leaving more money with them to invest, the official said.
A two-member team of the United Nations High Commissioner for Refugees (UNHCR) met Rohingya Muslims at a slum in Jammu amid a heated debate whether the illegally settled immigrants be provided water and electricity.
On Republic Day the President recognised the daring rescue of 41 workers trapped in a tunnel for 17 days in 2023 by humble rat-hole miners. The award hopefully will bring the forgotten superheroes back into the light.
In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.
Use deductions introduced in the Budget to save additional Rs 24,000 in tax
Is there a conflict of interest in civil servants having a decisive say on the recommendations made by a Pay Commission or is it time for a new review mechanism, asks A K Bhattacharya.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The Enforcement Directorate (ED) has filed a chargesheet against Congress leaders Sonia Gandhi, Rahul Gandhi, and others on charges of money laundering in the National Herald case. The chargesheet, filed on April 9, names Congress leaders Sam Pitroda and Suman Dubey as accused persons. The case pertains to the alleged fraudulent takeover of properties valued over Rs 2,000 crore belonging to the Associated Journals Limited (AJL), the publisher of the National Herald news platform. The ED alleges that Young Indian, a private company "beneficially owned" by Sonia Gandhi and Rahul Gandhi, "acquired" AJL properties for a mere Rs 50 lakh, significantly undervaluing its worth. The case has been transferred to Special Judge Vishal Gogne's court for further proceedings.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
A taxpayer whose deductions and exemption claims are less than Rs 3.75 lakh annually would be advised to opt for the new income tax regime and pay less tax than they gave in the old regime, a senior finance ministry officer said on Wednesday. The Income Tax Department has arrived at the figure after making due calculations for ensuring a "hassle-free and less tax rate" filing regime for the assessees, he said. Union Finance Minister Nirmala Sitharaman, while presenting the Budget for 2023-24, said the government has made the new income tax regime more attractive for taxpayers bringing "substantial changes" in its structure for the benefit of the middle class.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Finance Minister Nirmala Sitharaman in her fifth Union Budget made five major announcements for the income tax assesse. She announced no changes in the old tax regime and confined her relief measures to the new tax regime. There have been no changes under the old tax regime.
The industry status will help the sector access bank lending at average interest rates
You think Naxals or Maoists are killing more CRPF jawans, then read this.
Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?
Shopkeepers in Bahraich scrambled to salvage their goods on Saturday, apprehending a demolition drive by the authorities. According to a local lawmaker, the Public Works Department has served demolition notices to 23 establishments -- 20 of them belonging to Muslims.
This is the story of a man who fought racism and casteism throughout his life to become a professor of Bharata Natyam at the premier centre for performing arts in India, the Kerala Kalamandalam.
Another major development is REITs coming closer to reality
