News for 'Income Tax'

Income tax refund Trojan targets Android customers of 27 banks

Income tax refund Trojan targets Android customers of 27 banks

Rediff.com22 Sep 2021

A banking Trojan malware has been detected in the Indian cyberspace that is lurking to attack bank customers using Android phones and has already targeted those from more than 27 public and private sector banks, the country's federal cyber security agency said in a latest advisory.

How to check Income Tax refund online

How to check Income Tax refund online

Rediff.com5 Oct 2012

This is as easy as it gets and all one needs to do is to enter the PAN number and the assessment year on this site to access the current position of the tax refund.

BJP rejects Kelkar proposals on income taxes

BJP rejects Kelkar proposals on income taxes

Rediff.com5 Jan 2003

But the party favoured most of the proposals on indirect taxes.

Rice exporters seek Budget sops to boost competitiveness

Rice exporters seek Budget sops to boost competitiveness

Rediff.com6 Jan 2026

The Indian Rice Exporter's Federation (IREF) on Tuesday urged the government to provide tax incentives, interest subvention and freight support in the upcoming 2026 Budget to strengthen the sector's competitiveness while addressing sustainability concerns.

ITR: 'Deadline For Updating Form 26AS, AIS?'

ITR: 'Deadline For Updating Form 26AS, AIS?'

Rediff.com4 Sep 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Mammootty, Mohanlal to settle income tax dues

Mammootty, Mohanlal to settle income tax dues

Rediff.com8 Aug 2011

The actors have admitted to having assets beyond their known sources of income.

Soon, filing income tax returns may get easier

Soon, filing income tax returns may get easier

Rediff.com5 Dec 2018

The forms might soon come "pre-filled" and taxpayers won't have to fill details such as income, income sources, and personal details

Income-tax: What the finance minister has in store

Income-tax: What the finance minister has in store

Rediff.com28 Feb 2011

In a relief to individual tax payers, the government on Friday changed the slabs cutting the rate to 10 per cent for income up to Rs five lakh, while leaving the threshold limit for tax-free income unchanged at Rs 1.6 lakh.

RBI, 926 bank branches to collect advance Income Tax

RBI, 926 bank branches to collect advance Income Tax

Rediff.com28 May 2012

Of the 926 bank branches, 862 branches are public bank branches, 35 HDFC bank branches, 10 ICICI bank branches and 19 Axis bank branches.

Demand for cut in income tax rates

Demand for cut in income tax rates

Rediff.com12 Feb 2010

In a pre-Budget wishlist, Vinod Juneja, managing director, Braj Binani Group, said, "I expect the finance minister to target the GDP growth of at least 8% or higher for the next 3 financial years."

Govt should stop collecting income tax: Subramanian Swamy

Govt should stop collecting income tax: Subramanian Swamy

Rediff.com11 Aug 2014

BJP leader Subramanian Swamy on Sunday urged the Centre to do away with the system of collecting income tax and instead find out other means to raise money to the exchequer.

Income tax raid on Bharat Shah's residence

Income tax raid on Bharat Shah's residence

Rediff.com13 Mar 2008

The income tax authorities on Thursday conducted raids at seven places in Mumbai, a senior official said.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Rediff.com27 Nov 2025

The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.

How will India's auto industry perform in 2026?

How will India's auto industry perform in 2026?

Rediff.com21 Dec 2025

After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.

Budget 2026: Next 5 Reforms Needed To Boost Growth

Budget 2026: Next 5 Reforms Needed To Boost Growth

Rediff.com28 Jan 2026

Sustaining 8 per cent-plus growth rates is necessary if we are to reach high-income status by 2047, points out Amitabh Kant.

High cost of capital constraining private investment, growth

High cost of capital constraining private investment, growth

Rediff.com30 Jan 2026

India's high cost of capital due to relatively shallow corporate bond markets, limited institutional investor depth, sovereign risk premia, and regulatory restrictions on capital flows, is a constraint on private investment and long-run growth, the Economic Survey, authored by Chief Economic Advisor (CEA) V Anantha Nageswaran, said.

Income Tax department eyes foreign gold buyers

Income Tax department eyes foreign gold buyers

Rediff.com19 Jan 2014

The duty, which is charged at the rate of 10 per cent, is payable in currency of the nation where the gold was bought.

What to do when you get an Income Tax notice?

What to do when you get an Income Tax notice?

Rediff.com22 Jan 2014

The details that you file regarding your income, investments and tax exemptions are verified by the Income Tax department with the details obtained as per your Permanent Account Number records.

'How To Claim 0 Tax On 2 Flats?'

'How To Claim 0 Tax On 2 Flats?'

Rediff.com6 Mar 2025

Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.

Trump paid just $750 income taxes in 2016-17: Report

Trump paid just $750 income taxes in 2016-17: Report

Rediff.com28 Sep 2020

Trump paid no income taxes at all in 10 of the previous 15 years largely because he reported losing much more money than he made, the report said. The US president immediately dismissed the report as 'totally fake news'.

Income Tax dept begins probing Gadkari's companies

Income Tax dept begins probing Gadkari's companies

Rediff.com25 Oct 2012

After Ministry of Corporate Affairs, the Income Tax department too has launched a probe to trace the source of funding of various firms that invested in Bharatiya Janata Party president Nitin Gadkari's company Purti Power and Sugar Limited.

New Tax Rates: Who Saves How Much

New Tax Rates: Who Saves How Much

Rediff.com1 Feb 2025

Curious? Find out how much you will save...

Coming Next? No income tax, only BTT

Coming Next? No income tax, only BTT

Rediff.com15 Nov 2016

ArthaKranti wants the government to abolish income tax and 56 other taxes and replace it by a banking transaction tax.

ITR Filing: Your Essential Document Checklist

ITR Filing: Your Essential Document Checklist

Rediff.com22 Jul 2025

Organise your PAN, Form 16, Form 26AS, AIS, and all other proofs before e-filing.

Air, Water Purifiers: GST Council May Weigh 5% Levy

Air, Water Purifiers: GST Council May Weigh 5% Levy

Rediff.com30 Dec 2025

The GST Council at its next meeting may consider a reduction in taxes on air and water purifiers as air quality across the country worsens and access to safe drinking water remains uneven.

5 ways working couples can save income tax

5 ways working couples can save income tax

Rediff.com29 Oct 2010

The provisions of deduction of tax at source apply to both but in some cases it is possible to save tax through proper tax planning.

Income Tax website to become user-friendly

Income Tax website to become user-friendly

Rediff.com2 Jan 2009

The income tax department website which is used by lakhs of tax payers to file their returns online will soon be revamped along with a new website address or URL.

Six reasons why you must file income tax returns and declare interest income

Six reasons why you must file income tax returns and declare interest income

Rediff.com12 Jul 2011

Tax consultant Mahesh Padmanabhan throws light on six reasons why you must file your tax returns and then lists out the virtues of why you must not hide interest income earned while filing tax returns.

E-refund of income tax from April

E-refund of income tax from April

Rediff.com8 Jan 2004

In a bid to make tax collection paperless and hassle-free, Centre will start E-refund of income tax from April, having put in place E-filing of tax deduction at source and tax information network.

Countries that don't have any income tax at all

Countries that don't have any income tax at all

Rediff.com19 Feb 2013

Here's a list of countries with no personal income tax.

Income tax laws may soon be easy to understand

Income tax laws may soon be easy to understand

Rediff.com8 Sep 2006

A group to study simplification of laws relating to income tax has recommended removal of redundant provisions and use of simple language.

CIC to seek political parties' income tax details

CIC to seek political parties' income tax details

Rediff.com4 Nov 2012

The Central Information Commission will seek a report from Income Tax department and Directorate of Estate regarding tax exemptions claimed by political parties and their assets to ascertain whether there is enough indirect funding from the government to bring them under the ambit of RTI Act.

On the backfoot in UK PM race, Rishi Sunak vows to cut income tax by 20pc

On the backfoot in UK PM race, Rishi Sunak vows to cut income tax by 20pc

Rediff.com1 Aug 2022

As the voting process for the new Conservative Party leader formally opened with postal ballots being mailed out to Tory members from Monday, Rishi Sunak vowed to cut the basic rate of income tax by 20 per cent in a few years if he is elected Britain's prime minister.

Smallcap To Watch Out For In 2026

Smallcap To Watch Out For In 2026

Rediff.com4 Feb 2026

After two years of strong gains, smallcap stocks fell sharply in 2025, but the correction may be setting up opportunities for long-term investors.

RBI proposes to cap banks' dividend payout at 75% of net profit

RBI proposes to cap banks' dividend payout at 75% of net profit

Rediff.com7 Jan 2026

The Reserve Bank of India (RBI) on Tuesday came out with a draft framework on declaration of dividend by banks, as it proposed capping dividend payout to shareholders at 75 per cent of their net profit-- also called profit after tax (PAT).

Govt sets up panel to simplify Income Tax laws

Govt sets up panel to simplify Income Tax laws

Rediff.com27 Oct 2015

The committee has been asked 'to study and identify the provisions.

Education sector hopes to capitalise income tax benefits

Education sector hopes to capitalise income tax benefits

Rediff.com17 Mar 2012

India is faced with a unique opportunity highest increase in working age (15-64) population over the next 20-30 years which can propel economic growth. India will account for 25 per cent of the global increase in workforce over the next 4 decades.

8 steps to file income tax return without Form 16

8 steps to file income tax return without Form 16

Rediff.com6 Jul 2015

Can't believe you can file your income tax return without Form 16? Read this...

Tax dept notifies all 7 ITR forms for assessment year 2025-26

Tax dept notifies all 7 ITR forms for assessment year 2025-26

Rediff.com12 May 2025

The income tax department has notified all seven income tax return forms for assessment year 2025-26. While ITR forms 1 and 4, which are filed by small and medium taxpayers, were notified on April 29; ITR-7, filed by trusts and charitable institutions, was notified on May 11.