'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'
You don't need a six-figure salary to build wealth -- you need discipline and a smart plan, says Ramalingam Kalirajan. and shows you how
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
We take up for discussion the tax exemption you can claim from your house rent allowance.
A taxpayer paying rent to his/her spouse is entitled to claim HRA benefit under relevant sections and within prescribed limits.
rediffGURU T S Khurana answers readers' personal income tax queries
When submitting house rent allowance receipts, claiming that you pay rent to a close relative like parents, siblings or spouse, ensure that you have supporting documents to substantiate it.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
'I don't know when, but I definitely want to see myself there -- maybe doing some action sequences.''
It is advisable to file your ITR right away and not rely on potential extensions.
A number of tax department officials PTI spoke to said the circular does not state that such a document has to be a 'sworn affidavit' or a 'notarised document'.
House Rent Allowance (HRA), is an important component in most salary slips. Here are 7 must knows to help you utilise this component of your salary in a tax-efficient manner.
Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan
Congress leaders Sonia Gandhi and Rahul Gandhi are majority shareholders of Young Indian with 38 per cent shares held by each one of them. They were questioned for hours by the ED in this case a few years back.
Don't download a rent agreement from the Internet or sign blindly on one prepared by the broker.
Can one claim both HRA and home loan benefits? This seems to be a confusing factor for most tax payers.
If your house owner does not have a PAN, you need not worry, as long as he/she is ready to sign a self declaration stating he does not have a PAN. You can submit a copy of this declaration to your employer and avail of the HRA deduction.
Normally, most of us have this understanding that whatever HRA amount we receive as part of our salary is the maximum amount that is considered for tax rebate under HRA. This is NOT correct though. Read on to get the details.
Employees who benefit from rent-free accommodation should pay heed to these new regulations, especially if they are in the higher salary brackets.
Taking the advantage of both is a tricky affair.
CBDT recently lowered threshold for this to Rs 8,333 a month. If you don't furnish this, a higher tax will be deducted at source from your income.
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.
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.
Let us evaluate various possible situations an individual can find himself in and understand what the Income Tax Act permits him to do.
Form 16 contains details of salary income, deductions, and exemptions.
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.
Do you know that you can claim tax benefits on rent paid even while housing rent allowance is not a part of your salary? Get Ahead Tax expert Mahesh Padmanabhan tells you how, how much and under which section you can claim tax benefits.
While one can file an updated return, there are certain caveats, warns rediffGURU Mihir Tanna.
Two men arrested for firing outside Bollywood superstar Salman Khan's residence in Mumbai had conducted a survey of his farm house at Panvel in adjoining Raigad district four days before the shooting incident, police said on Thursday.
The revised draft of DTC has proposed some major changes for the taxpayers. However, the changes in the revised draft are far from being the bold changes envisaged in the earlier draft.
Many seniors mistakenly believe they need not file returns if tax is deducted at source (TDS) on income received. This is incorrect.
The decision to improve the salary structure of officers at board level and below, along with supervisory staff, was taken at the Cabinet meeting presided over by Prime Minister Manmohan Singh.
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