Recent changes to tax exemptions and allowances, including increased education, hostel, and HRA limits, have made the old tax regime more competitive against the new regime, prompting salaried employees to re-evaluate their choice for the current financial year.
The Income Tax Department can easily detect such illegal activities and the penalties could be huge.
With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.
Micro, small and medium enterprises (MSMEs) have expressed significant concerns regarding the labour ministry's recent clarifications on labour codes, citing ambiguity in wage calculation and implementation, which they argue creates interpretational and operational challenges for employers.
Kerala Home Minister Ramesh Chennithala has condemned the violent attack on Enforcement Directorate (ED) officials' vehicles, alleging a CPI(M) conspiracy to disrupt law and order. He asserted that those involved will face stringent legal action, regardless of their status.
The Telangana government's salary structure reveals surprising figures, with senior sweepers earning up to 2 lakh and chief engineers drawing 7 lakh monthly.
Kerala police have arrested four individuals in connection with the violent attack on vehicles carrying Enforcement Directorate (ED) officials who raided former Kerala CM Pinarayi Vijayan's rented house. The arrests followed a stand-off with CPI(M) party workers and leaders.
Kerala Home Minister Ramesh Chennithala has alleged that the violent attack on Enforcement Directorate (ED) officials' vehicles was a conspiracy by the CPI(M) to disrupt law and order. The ED raids were linked to financial dealings between former CM Pinarayi Vijayan's daughter's firm and a sand mining company.
As Curry Barker's Obsession arrives on OTT this week, Sreeju Sudhakaran revisits the chilling psychological horror film about the terrifying implications of a man's desire to control a woman's affections.
The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.
Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.
A key mistake would be continuing to rely on provisions of the Income-Tax Act, 1961, where the new law now applies, and vice versa.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
BJP leader V Muraleedharan dismisses claims that Prime Minister Narendra Modi would strike a deal with the Congress to target the CPI(M), stating Modi has 'better things to do'. He also questioned Kerala CM Pinarayi Vijayan's concern over ED raids if he has done nothing wrong.
CPI(M) leaders have strongly criticised the ED raids on former Kerala CM Pinarayi Vijayan and others, alleging political motivation and a conspiracy by the BJP and Congress. They claim the raids are an attempt to intimidate the party and its leaders, and have vowed to fight back against what they see as a politically fabricated case.
Kerala ministers deny allegations of a Congress-BJP operation behind ED searches at residences linked to Marxist veteran Pinarayi Vijayan, claiming instead that the CPI(M) had an understanding with the BJP. They also downplayed the significance of the searches and the meeting between the Kerala CM and the Prime Minister.
With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam Kalirajan explains how
The most common mistake is investing without assessing suitability and long-term implications.
Trade unions have decided to launch a phased, consistent struggle to press for the withdrawal of the labour codes and go on a countrywide general strike in February next year, a statement said on Tuesday. The date of the strike will be announced on 22nd December 2025 in the next meeting of the joint forum of central trade unions, a statement said.
This Women's Day, meet Shanti, the woman who makes so many lives easier even though hers is anything but.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
'With new technology and stricter checks, cheating on taxes is just not worth it anymore.'
Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.
One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
'The real question is how best to leverage technology to deliver better services, all the way to the last mile, where we still haven't been able to get across the financial literacy that can enable us to unlock the potential of the entire country.'
rediffGURU T S Khurana answers readers' personal income tax queries.
'On August 22, 2015, Shyamvar Rai disclosed to you that he had committed the murder of Sheena Bora along with Rahul Mukerjea.' How would Indrani have reacted to this?
Electricity has also been kept out of the GST ambit.
Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.
The victim Rejila Gafoor (36) of Vaikkal near Chadayamangalam, has been admitted to the hospital, while her husband, Sajeer, is absconding, they added.
Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.
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.
Master the online ITR filing process and then learn the differences between the old and new tax regimes to pick your best option.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
ICICI Bank, the country's largest private sector lender, has revised allowances paid to its executive directors, including that of its managing director and CEO Chanda Kochhar.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The National Investigation Agency has arrested Jasir Bilal Wani in Srinagar, who was an "active co-conspirator" of suicide bomber Umar un Nabi, in connection with the car blast near the Red Fort last week that claimed 13 lives.
