News for 'Income Tax Office'

Show Of Sindoor At Modi's Patna Road Show

Show Of Sindoor At Modi's Patna Road Show

Rediff.com30 May 2025

'Sindoor symbolises our culture, honour and dignity. Modiji has acted rightly against Pakistan by naming it Operation Sindoor.'

Fully cooperating, hope to resolve soon: BBC on tax survey

Fully cooperating, hope to resolve soon: BBC on tax survey

Rediff.com14 Feb 2023

The BBC said on Tuesday that it is "fully cooperating" with the Income Tax authorities who are at its offices in New Delhi and Mumbai and hoped that the situation will be resolved "as soon as possible".

'Can I Get Capital Gain Rebate If...?'

'Can I Get Capital Gain Rebate If...?'

Rediff.com3 Sep 2024

rediffGURU Mahesh Padmanabhan answers readers' personal income tax queries.

Siddaramaiah, Kumaraswamy booked for sedition over protest against I-T raids

Siddaramaiah, Kumaraswamy booked for sedition over protest against I-T raids

Rediff.com29 Nov 2019

The case relates to protests near the I-T office in Bengaluru by the leaders including the then chief minister H D Kumaraswamy against the income tax raids at the residence of Congress and JD-S leaders.

Militants holed up in Srinagar I-T office killed

Militants holed up in Srinagar I-T office killed

Rediff.com8 Jan 2005

The two militants holed up in the building were killed by security forces.

One Reit may enter market annually for next 3-5 yrs: IRA chief

One Reit may enter market annually for next 3-5 yrs: IRA chief

Rediff.com15 Sep 2025

India's real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years. This growth trajectory builds on rising occupancies, surging leasing activity, and increasing investor interest.

NIA officer demands Rs2.5 cr bribe in false terror case, arrested

NIA officer demands Rs2.5 cr bribe in false terror case, arrested

Rediff.com4 Oct 2024

The CBI arrested an NIA deputy superintendent of police posted in Patna and two middlemen on Thursday for allegedly accepting a Rs 20 lakh bribe to extend favours to a person in an ongoing probe, officials said.

US snubs Pak journalist's question over I-T surveys at BBC offices

US snubs Pak journalist's question over I-T surveys at BBC offices

Rediff.com16 Feb 2023

Notably, Pakistani journalist Ali, cited the BBC documentary on the 2002 Gujarat riots and said he "regretted" that no US official had criticized it, while the US State Department highlighted the close relationship between the two countries, especially over shared values.

Should You Go For FoF?

Should You Go For FoF?

Rediff.com10 Sep 2025

'First-time investors, busy professionals, NRIs and those with modest sums looking for curated strategies may find FoFs especially appealing.'

Will Bihar Lift The Liquor Ban After Polls?

Will Bihar Lift The Liquor Ban After Polls?

Rediff.com22 Oct 2025

Voters are weighing a stark trade-off -- between preserving a socially driven policy and reversing course to revive revenue, restore fiscal balance, and rein in the underground liquor economy.

Want To Invest In ELSS? Read This

Want To Invest In ELSS? Read This

Rediff.com6 Feb 2025

ELSS investments require a long-term commitment of at least seven years.

Expect Tax Refunds Now In 10 Days

Expect Tax Refunds Now In 10 Days

Rediff.com4 Sep 2023

Almost all verification and assessments of returns selected for scrutiny are being done electronically through an anonymous back office, manned by tax experts and officials, without any personal interface between taxpayers and officers.

Experts doubt the feasibility of govt's new tax scrutiny plan

Experts doubt the feasibility of govt's new tax scrutiny plan

Rediff.com11 Feb 2019

E-proceeding of tax scrutiny has certain technical and practical issues which need to be addressed before making the system fully electronically driven.

Should you file tax return even without taxable income?

Should you file tax return even without taxable income?

Rediff.com20 Aug 2015

Yes, if you are planning to apply for a loan or want to claim refund

Tax websites give CAs a run for return money

Tax websites give CAs a run for return money

Rediff.com6 Aug 2009

Simplification of I-T rules spawns websites that help in tax preparation.

Record Rs 32,000 Crore Seized in Tax Raids

Record Rs 32,000 Crore Seized in Tax Raids

Rediff.com24 Jan 2022

Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion.

'We Are Still Struggling'

'We Are Still Struggling'

Rediff.com8 Apr 2025

'The audience wants content.' 'If your trailer lands, if your teaser runs, if people like the songs, they will definitely come.'

Budget: Easier tax administration to boost revenue

Budget: Easier tax administration to boost revenue

Rediff.com2 Feb 2021

The Budget proposed abolishing the under-performing, authority of advance ruling, to replace it with a two-member board of advance ruling.

Why Affordable Housing Will Remain Muted Despite Rate Cut

Why Affordable Housing Will Remain Muted Despite Rate Cut

Rediff.com10 Jul 2025

While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.

'I Can't Say On September 22, I Will Be With A Stick'

'I Can't Say On September 22, I Will Be With A Stick'

Rediff.com22 Sep 2025

'I am doing the drive in making sure that people pass this on. So the drive is not with distrust. The drive is just in case.' 'Just in case it doesn't get passed on, I am here.'

Raid 2 Review: Second Time's Not The Charm!

Raid 2 Review: Second Time's Not The Charm!

Rediff.com1 May 2025

Rajkumar Gupta's hammy treatment and bombastic score strips the realism to turn Raid 2 into another hail the hero exercise, observes Sukanya Verma.

Agencies doing their job: Govt on tax raids on media houses

Agencies doing their job: Govt on tax raids on media houses

Rediff.com22 Jul 2021

Union minister Anurag Thakur said that "one should take complete information and sometimes many issues come up that are far from truth..."

10 Investment Options Better Than FDs

10 Investment Options Better Than FDs

Rediff.com1 Jul 2025

The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns

Debt tax tweak breathes life into equity savings scheme

Debt tax tweak breathes life into equity savings scheme

Rediff.com27 Dec 2023

Post the change in debt fund taxation in March, a lesser-known hybrid fund has emerged as one of the alternatives for fixed-income investors. Equity savings schemes, the smallest hybrid fund category in terms of assets, have raked in around Rs 6,000 crore this financial year (FY24) so far compared to Rs 1,100-crore outflow in FY23. The inflows along with a strong performance led to a 50 per cent surge in assets under management (AUM) to Rs 24,100 crore during April-November, shows data from the Association of Mutual Funds in India (Amfi).

LG India signals 'future-ready' push with Rs 11.6K cr IPO

LG India signals 'future-ready' push with Rs 11.6K cr IPO

Rediff.com2 Oct 2025

For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. The company's senior executives describe it as a step towards becoming "future-ready", showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.

Hero expects EV biz to break even with 30K monthly sales

Hero expects EV biz to break even with 30K monthly sales

Rediff.com15 May 2025

Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.

Smart Fixes for Low Savings Problem

Smart Fixes for Low Savings Problem

Rediff.com20 Jun 2025

Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.

'We Are Poised For An Exciting 2026'

'We Are Poised For An Exciting 2026'

Rediff.com26 Nov 2025

'Earnings growth will be the main driver of India's market in 2026, with profits expected to rise 9% to 10% in H2 FY26 and accelerate to 12% to 15% in FY27.'

I-T detects Rs 3,185 cr black income; seizes Rs 86 cr new notes

I-T detects Rs 3,185 cr black income; seizes Rs 86 cr new notes

Rediff.com20 Dec 2016

The taxman carried out a total of 677 search, survey and enquiry operations

Can Zohran Mamdani Be New York Mayor?

Can Zohran Mamdani Be New York Mayor?

Rediff.com25 Jun 2025

Zohram Kwame Mamdani would be the city's first Muslim and Indian American mayor if elected New York mayor this November.

Oppn's Chakka Jam Hits Normal Life In Bihar

Oppn's Chakka Jam Hits Normal Life In Bihar

Rediff.com9 Jul 2025

Wednesday's joint protest march in Patna marked a significant moment, with Rahul Gandhi, the Leader of the Opposition in the Lok Sabha, and Tejashwi Yadav, the Leader of Opposition in the Bihar assembly, leading a unified demonstration -- perhaps a first in the state's recent political history.

GST 2.0: India's Answer To Trump's Tariffs

GST 2.0: India's Answer To Trump's Tariffs

Rediff.com4 Sep 2025

Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

Rediff.com25 Aug 2025

The more things change, the more they remain the same for corporate India. In the April-June 2025 period (Q1FY26) - for the ninth consecutive quarter - listed companies witnessed only single-digit revenue growth, while their core earnings, excluding other income and one-time gains, contracted for the second time in four quarters. This comes as firms brace for the impact of 50 per cent US tariff on Indian goods.

Has Karur Tragedy Halted Vijay's Political Rise?

Has Karur Tragedy Halted Vijay's Political Rise?

Rediff.com28 Sep 2025

The Karur tragedy has exposed the huge gaps in Vijay's understanding of realpolitik, elections and political administration, asserts N Sathiya Moorthy.

Dial a tax preparer and file returns in a jiffy

Dial a tax preparer and file returns in a jiffy

Rediff.com26 Jul 2007

TRPs are part of a pilot programme that the income tax department launched this year to help self-employed individuals and small businessmen, salaried people, senior citizens and Hindu undivided families file returns.

Don't have Form 16? You can still file your tax return

Don't have Form 16? You can still file your tax return

Rediff.com27 Jul 2021

If a salaried employee does not possess Form 16, he can still file the I-T Return with the help of his salary slips and Form 26 AS.

Rs 244 crore cash seized in last 15 days in poll-bound Rajasthan

Rs 244 crore cash seized in last 15 days in poll-bound Rajasthan

Rediff.com24 Oct 2023

According to officials, this year there has been a three-fold increase in the total seizure, which was Rs 322 crore in 2021, Rs 347 crore in 2022 and Rs 1,021 crore so far in 2023.

Tips To Buy Term Insurance Policies

Tips To Buy Term Insurance Policies

Rediff.com17 Oct 2024

Self-employed individuals often face hurdles in buying term insurance due to financial documentation that doesn't fully reflect their earnings. This complicates underwriting.

3-day survey found many tax-linked irregularities at BBC, says I-T dept

3-day survey found many tax-linked irregularities at BBC, says I-T dept

Rediff.com17 Feb 2023

The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities, the income tax authorities said Friday, a day after they ended a three-day-long survey operation against the British media organisation.

Day after ED arrest, Gujarat Samachar owner gets temporary bail

Day after ED arrest, Gujarat Samachar owner gets temporary bail

Rediff.com17 May 2025

The Enforcement Directorate on Friday detained Bahubali Shah, one of the owners of the leading Gujarati newspaper Gujarat Samachar, following a raid on their premises in Ahmedabad, sources said.