Punjab Chief Minister Bhagwant Mann has accused the BJP-led central government of playing 'dangerous games' with Punjab, alleging the misuse of agencies like the Enforcement Directorate (ED) and the CBI for political purposes.
Income Tax department's online tool empowers you to verify any notice or order you receive. This free service is available to everyone, regardless of whether you're registered on the e-filing portal.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
rediffGURU Anil Rego answers readers' personal income tax queries.
'Stay invested but progressively reduce risk. Beyond a point, the objective should shift from maximising returns to avoiding unpleasant surprises.'
rediffGURU T S Khurana answers readers' personal income tax queries
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
Former chief secretary Vinit Chowdhary has criticised Himachal Pradesh Chief Minister Sukhwinder Singh Sukhu over his handling of graft allegations in the Chester Hill housing project.
These cases are being reopened under Section 147 of the Income Tax Act, which empowers the department to reassess income if it believes that taxable income has escaped assessment.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'We kept this Budget on a larger plank, rather than on one incident, however serious.'
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The NSO previously tried to collect household income data in its ninth (1955), 15th (1959), 19th (1964), and 24th (1969) rounds (July 1969-June 1970), but these efforts were not completed, partly due to non-responsiveness by respondents.
Whether he comes to power or not, both his admirers and opponents agree on one thing -- Vijay may well turn out to be the 'X factor'.
Filing a belated return is far better than not filing at all.
Tax experts answer your budget-related queries
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
rediffGURU T S Khurana answers readers' personal income tax queries.
Congress MP Priyanka Gandhi has accused the ruling LDF in Kerala and Chief Minister Pinarayi Vijayan of being Prime Minister Narendra Modi's "B-team" and of secretly joining hands with the BJP, alleging a compromised leadership and lack of accountability.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.
Rahul Gandhi accuses Mamata Banerjee of not directly fighting the BJP, alleging that this indirect approach benefits the ruling party. He also criticised her government's performance on job creation and handling of corruption.
7 states account for over 80 per cent of the total direct tax collections by the Union government.
The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The department is questioning the source, identity, and creditworthiness of overseas investors in these transactions, they said.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The key question is how much of the latest growth record represents recovery from the 2020-2021 downturn, and what is the sustainable growth rate now, asks T N Ninan.
'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'
Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.
Review your family emergency fund and replenish it if needed. Revisit financial goals to see if there is any change in timeline or the corpus required.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
'At the first sign of real trouble, that money will move. There will be a run.'
Not filing an ITR or paying the tax dues on the deceased's behalf can lead to penal consequences.
The Delhi high court on Thursday rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it for a period of four years by tax authorities.
