Last year, the e-filing commenced on July 1 as there was delay in finalisation of the ITR forms
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
The 21st Law Commission said the special status given to the entity of HUF was a 'so-called gift by the British', who could not comprehend the complex socioeconomic structure of Indian families. 'Now, this status is being used for the evasion of tax only,' it said.
Scrapped three years back, the much talked-about simple tax form, Saral, is on its way back in a new avatar, making the task of filing tax returns easier.
The highly anticipated matchup between Hillary Clinton and Donald Trump finally happened, and it didn't disappoint. Here are all the highlights from the first presidential debate.
Union Home Minister Amit Shah on Monday assured the country that the beginning of building a "new and developed Kashmir" that will be free from terrorism has been made under Prime Minister Narendra Modi and said that full statehood would be restored to Jammu and Kashmir at an appropriate time.
Dept to focus on real estate, infra, mining and manufacturing to detect evasion.
Long-term investors should never stop their SIPs during market corrections.
'This is not just the IREDA's IPO. It is the success of the ministry of new and renewable energy and of the renewable energy industry.'
The two militants holed up in the building were killed by security forces.
rediffGURU Ashwini Dasgupta offers tips on how to navigate job interviews.
The minister emphasised that use of modern technology can yield far better results as far as tax collections are concerned than any other way.
In a pre-Budget meeting with Finance Minister Nirmala Sitharaman, the corporate leaders highlighted several issues, including certain income tax matters which were coming in the way of mergers and acquisitions or slowing them down and roles that need to be played by state businesses to prosper at the ground level.
Gaurav Mohta, chief marketing officer, Home First Finance Company, answers home loan queries.
The BJP's challenge is whether it can again deflate a Congress, which now looks reinvigorated and has adopted sharper messaging around its 'guarantees', and several regional parties, especially in Bihar, Maharashtra and West Bengal.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
Have you wondered how many days of work -- depending on your net monthly income -- you would have to put in to buy the top-end iPhone 16 Pro?
Govt should take steps to monetise real estate investment schemes.
Want to know how to claim tax deduction on property income you earn? Do you know how to withdraw unclaimed EPF money?
When you take a home loan, what are the tax benefits that you can avail of? Read on to find out more about taxation and home loans.
You can build your own retirement savings portfolio by investing in equity, hybrid and/or debt funds. Alternatively, you can also invest in retirement funds which provide asset allocation solutions for different investment needs and risk appetites, says Dwaipayan Bose
While managing rising EMIs can be challenging, the right strategy can help individuals can ease their financial burden, says rediffGURU and financial planning expert, Colonel Sanjeev Govila (retd).
The industry status will help the sector access bank lending at average interest rates
While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.
P V Subramanyam takes a hard look at the pros and cons of both options.
LIC Housing Finance (LICHF) delivered a healthy FY24 with improvements in net interest margin (NIM) and credit costs and an improved return on assets of 1.7 per cent compared to an average of 1.3 per cent between FY14-FY23. Loan growth was low due to technology upgrades to the platform in H1FY24, though momentum improved in H2FY24. In Q4FY24, the net interest income (NII) came in at Rs 2,250 crore.
The Madras high court on Wednesday set aside an order of the previous AIADMK regime to convert late Tamil Nadu Chief Minister J Jayalalithaa's residence, 'Veda Nilayam' in Chennai as a memorial.
Certain key initiatives are necessary to build a greater momentum towards growth and increased penetration of the insurance industry. Strong reforms are required to help the general insurance companies break even in intensely competitive market conditions. The recommendations are here. . .
'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.
For women, it is important to build an emergency fund and a financial independence fund independent of the couple's joint goals and plans.
While equity savings funds could offer higher returns over three-five years, they would also be more volatile.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
The middle class is a big force to fulfil dreams of a prosperous and developed India and our government has taken many decisions to empower it, the prime minister said.
This is where 300-odd executives of Infosys and 30 I-T officials, headed by commissioner Sanjai Kumar Verma, process all I-T returns filed electronically (e-filing) across the country and all paper filings of Karnataka.
About 30-35 fire tenders and rescue vehicles were rushed to douse the blaze at Mayur Bhawan where the Income-Tax office is situated. The fire broke out at 5am, officials said.
The UK's prime ministerial race frontrunner, Rishi Sunak, spoke of his pride in what his Indian parents-in-law -- Infosys co-founder Narayana Murthy and Sudha Murty -- had achieved, as he fought back over media commentary around wife Akshata's family wealth.
