News for 'Income Tax Questions'

'Even if LTCG isn't taxable, you still have to...'

'Even if LTCG isn't taxable, you still have to...'

Rediff.com26 Aug 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

All you want to know about Angel tax

All you want to know about Angel tax

Rediff.com15 Jan 2019

What is worrying is that this year, angel investments and seed funding deals have fallen by 40 per cent, ringing alarm bells in the start-up community in India.

What You Must Know About Your Gratuity

What You Must Know About Your Gratuity

Rediff.com3 Jun 2024

If gratuity is not paid within 30 days of termination, the employer must pay interest as set by the central government.

'Digital Arrest?' Don't Panic!

'Digital Arrest?' Don't Panic!

Rediff.com5 May 2025

Targets should avoid panicking and hang up. 'Disconnecting stops the scammers from building psychological pressure.'

Got a gift? Now pay the tax

Got a gift? Now pay the tax

Rediff.com5 Dec 2005

'Lost Rs 50L In Trading. HELP!'

'Lost Rs 50L In Trading. HELP!'

Rediff.com31 Oct 2025

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

Ask Anil: 'Sent 30L Abroad For Studies: Which ITR To File?'

Ask Anil: 'Sent 30L Abroad For Studies: Which ITR To File?'

Rediff.com25 Oct 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

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.

Ditch Quick-Money Lures This Diwali!

Ditch Quick-Money Lures This Diwali!

Rediff.com20 Oct 2025

: Build lasting wealth via disciplined, long-term mutual fund investing in India's compounding marathon, Shanaihi, Shanaihi, says Ramalingam Kalirajan

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Rediff.com24 Jun 2025

rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries

Cong distances itself from its MP after cash recovery in I-T raids

Cong distances itself from its MP after cash recovery in I-T raids

Rediff.com10 Dec 2023

The Indian National Congress is in no way connected with the businesses of Dheeraj Sahu, MP. Only he can explain, Congress general secretary in-charge communications, Jairam Ramesh said.

Rs 40K Salary Can Make You A Crorepati!

Rs 40K Salary Can Make You A Crorepati!

Rediff.com15 Oct 2025

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

Earning a salary? Why you MUST pay advance tax

Earning a salary? Why you MUST pay advance tax

Rediff.com13 Sep 2018

You filed your income tax returns for 2017-2018 and think you tax problems are over for now. But have you paid your advance tax this quarter, asks Samkit Maniar.

'A Tsunami is coming on April 2': Oppn on Trump's tariff war

'A Tsunami is coming on April 2': Oppn on Trump's tariff war

Rediff.com28 Mar 2025

Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.

ASK ANIL: 'Is money received for mediclaim taxable?'

ASK ANIL: 'Is money received for mediclaim taxable?'

Rediff.com25 Aug 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Taxmen detect Rs 1,430cr undisclosed income in Jaya TV, other raids

Taxmen detect Rs 1,430cr undisclosed income in Jaya TV, other raids

Rediff.com13 Nov 2017

Undisclosed income has been detected in respect of 10 assessee groups which included those linked to AIADMK leader V K Sasikala.

Ask Anil: Your Tax Queries Answered

Ask Anil: Your Tax Queries Answered

Rediff.com28 Jan 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Confused by Too Many Mutual Fund Options? Do it This Way!

Confused by Too Many Mutual Fund Options? Do it This Way!

Rediff.com18 Aug 2025

When the market is down, you can buy more units, which offers you the rupee cost averaging. But the question here is, with so many options available in the market, which one should you choose? Keep reading to get the answer.

'Will my wedding gift be taxed?'

'Will my wedding gift be taxed?'

Rediff.com3 Jan 2020

'When a gift is received in cash, it is likely to be questioned, and your father may need to explain its source.'

35, No Savings: How You Can Save, Invest

35, No Savings: How You Can Save, Invest

Rediff.com29 Jul 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

ASK MIHIR: 'Can NPS get extra tax benefit for me?'

ASK MIHIR: 'Can NPS get extra tax benefit for me?'

Rediff.com6 Sep 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.

I-T dept questions Robert Vadra in benami assets case probe

I-T dept questions Robert Vadra in benami assets case probe

Rediff.com4 Jan 2021

Vadra was asked to join the investigation at the tax authority's office but as he cited COVID-19 restrictions, a team of officials visited his premises in Delhi's Sukhdev Vihar area.

How To Claim HRA

How To Claim HRA

Rediff.com29 Jan 2024

A taxpayer paying rent to his/her spouse is entitled to claim HRA benefit under relevant sections and within prescribed limits.

Good friends can...: UK envoy on raids at BBC offices

Good friends can...: UK envoy on raids at BBC offices

Rediff.com10 May 2023

"The British Broadcasting Corporation (BBC) is a globally respected institution and broadcaster whose news material I consume everyday. Secondly, all organisations have to obey the law of India. BBC is talking to Indian authorities about that," Ellis said.

'Is money back sum received taxable?'

'Is money back sum received taxable?'

Rediff.com2 Jan 2023

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

Do You Need To Get A New PAN Card?

Do You Need To Get A New PAN Card?

Rediff.com29 Nov 2024

First things first: For those wondering if they need to reapply, the answer is no.

How are 'minorities' allowed tax benefits under HUF?

How are 'minorities' allowed tax benefits under HUF?

Rediff.com3 Jan 2017

Should the Income-Tax Act have been simultaneously amended to exclude Sikhs and Jains from the definition of HUF once they were declared a minority by the government? Sanjeev Nayyar discusses the curious dichotomies in our laws.

How skewed is India's income profile?

How skewed is India's income profile?

Rediff.com27 Dec 2017

Questions on the efficacy of the government's drive towards filing of more returns by individuals and on whether raising tax exemption levels has led to reduced compliance in filing of returns by those who go out of the tax net, says A K Bhattacharya.

'Missed IT notice as well as response time. Help'

'Missed IT notice as well as response time. Help'

Rediff.com7 Nov 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

Taxpayers fear notices due to I-T dept slips

Taxpayers fear notices due to I-T dept slips

Rediff.com8 Aug 2022

Income-tax payers fear they will receive notices from the government because the annual information statement (AIS) provided by the I-T department in many cases is showing incomes in excess of their earnings. The Central Board of Direct Taxes (CBDT) has dismissed these fears as unfounded. The deadline for filing income-tax returns (ITRs) for the assessment year 2022-23 ended on July 31.

'Can penalty on late ITR filing be waived off?'

'Can penalty on late ITR filing be waived off?'

Rediff.com16 Jan 2023

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

Should You Repay Your Home Loan Or Increase Your SIPs?

Should You Repay Your Home Loan Or Increase Your SIPs?

Rediff.com14 Aug 2025

At the end of the day, this isn't about choosing between EMIs and SIPs. It's about choosing your path to financial freedom.

ED team raids former CM Bhupesh Baghel's premises, alleges attack

ED team raids former CM Bhupesh Baghel's premises, alleges attack

Rediff.com11 Mar 2025

The Enforcement Directorate on Monday raided the premises of former Chhattisgarh chief minister and senior Congress leader Bhupesh Baghel as part of a money laundering investigation against his son in the alleged liquor scam case and seized about Rs 30 lakh apart from some documents, official sources said.

Explained: Exemptions And Deductions For Salaried Employees

Explained: Exemptions And Deductions For Salaried Employees

Rediff.com1 Nov 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

'Profits from trading options: Which ITR to file?'

'Profits from trading options: Which ITR to file?'

Rediff.com10 Apr 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries.

Oppn grills govt over PM CARES Fund, questions its transparency

Oppn grills govt over PM CARES Fund, questions its transparency

Rediff.com19 Sep 2020

They were participating in a debate on the bill for giving effect to various compliance relief measures for taxpayers, including extending time limits for filing returns, in the wake of the coronavirus crisis and tax benefits for donations to PM CARES Fund.

Compliant with Indian laws: CPR, Oxfam after I-T raids

Compliant with Indian laws: CPR, Oxfam after I-T raids

Rediff.com9 Sep 2022

The government has cancelled the FCRA registration of nearly 1,900 NGOs for violating various provisions of the law in the last five years. There were 22,762 FCRA-registered organisations till December-end 2021.

High court rules in favour of Vodafone in tax case

High court rules in favour of Vodafone in tax case

Rediff.com8 Oct 2015

Vodafone pleaded in High Court that IT department had no jurisdiction in the transfer pricing case because the said transaction was not international and did not attract tax.

Deposits up to Rs 2.5 lakh won't be questioned: CBDT

Deposits up to Rs 2.5 lakh won't be questioned: CBDT

Rediff.com6 Feb 2017

Deposits of Rs 3 lakh are "justified" if a person has an annual taxable income of Rs 10 lakh and the tax department will "not touch" him.

Sonia, Rahul conspired to usurp Rs 2,000-cr AJL assets: ED

Sonia, Rahul conspired to usurp Rs 2,000-cr AJL assets: ED

Rediff.com16 Apr 2025

The Enforcement Directorate (ED) has filed a chargesheet in the National Herald case, accusing Congress leaders Sonia Gandhi and Rahul Gandhi of a "criminal conspiracy" to "usurp" properties worth Rs 2,000 crore of its public company AJL by transferring 99 per cent shares for just Rs 50 lakh to their private company Young Indian. The ED has named Sonia Gandhi as accused no 1 and Rahul Gandhi as accused no 2 in the chargesheet, which was filed under various sections of the Prevention of Money Laundering Act (PMLA).