News for 'Income Tax'

Strong outlook may sustain valuations for Godrej Consumer

Strong outlook may sustain valuations for Godrej Consumer

Rediff.com15 Apr 2026

Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.

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.

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.

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.

How Your Income, Investments Are Taxed

How Your Income, Investments Are Taxed

Rediff.com28 Nov 2024

Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan

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.

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'.

Pay Loans Or Invest? What Should You Do?

Pay Loans Or Invest? What Should You Do?

Rediff.com5 May 2026

Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.

'Ghayal hoon...': Raghav Chadha's 'Dhurandhar' dig at AAP

'Ghayal hoon...': Raghav Chadha's 'Dhurandhar' dig at AAP

Rediff.com4 Apr 2026

Rajya Sabha MP Raghav Chadha refutes allegations of inaction in Parliament, asserting his commitment to raising public issues and creating impact.

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.

Ex-Chief Secretary Criticises Himachal CM Over Housing Project Graft Claims

Ex-Chief Secretary Criticises Himachal CM Over Housing Project Graft Claims

Rediff.com15 Apr 2026

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.

'Call Me': Lalit Modi Slams SRH Over Pakistan Signing

'Call Me': Lalit Modi Slams SRH Over Pakistan Signing

Rediff.com18 Mar 2026

The signing of Pakistani spinner Abrar Ahmed by Sunrisers Leeds in The Hundred auction has ignited controversy, drawing criticism from figures like Lalit Modi and Sunil Gavaskar due to the historical exclusion of Pakistani players from the IPL and concerns over financial contributions to Pakistan.

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...

Mr Jaitley, why is the income tax department hiding data?

Mr Jaitley, why is the income tax department hiding data?

Rediff.com13 Nov 2014

Our income tax department should bring out monthly bulletin as well as annual reports providing insights into the nature of our direct tax segments, points out R Vaidyanathan.

Don't forget to file Income Tax returns

Don't forget to file Income Tax returns

Rediff.com6 Aug 2013

Not doing so might mean a penalty, not being able to revise returns or carry forward losses and forfeiture of interest on refund

Will Vijay Be Tamil Nadu's Showstopper?

Will Vijay Be Tamil Nadu's Showstopper?

Rediff.com21 Apr 2026

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'.

Govt concerned over high outstanding income tax

Govt concerned over high outstanding income tax

Rediff.com5 Aug 2003

Concerned over the high outstanding wealth tax and income tax, Finance Minister Jaswant Singh said as against a tax demand of over Rs 70,670 crore, the net collectable demand stood at only 35 per cent of the total amount.

Who all need to file income tax return by August 31, 2015

Who all need to file income tax return by August 31, 2015

Rediff.com26 Aug 2015

Due date is closing in and taxpayers shall pay tax and file their return well in time to avoid any interest or penalties.

What Budget 2026 Means For Taxpayers

What Budget 2026 Means For Taxpayers

Rediff.com2 Feb 2026

The Budget offers a limited-time regularisation window with clear thresholds, defined payments, and immunity from penalty or prosecution.

FAQ: The benefits of filing income tax return

FAQ: The benefits of filing income tax return

Rediff.com15 Jul 2010

There are some solid reasons for acquiring a PAN card (if you don't have one) and filing your ITR within the due date, which is 31st July every year.

Income Tax surveys at offices of IPL franchises

Income Tax surveys at offices of IPL franchises

Rediff.com23 May 2012

Income Tax authorities conducted surveys at the offices of Indian Premier League team franchises Pune Warriors in Pune and Mumbai and Royal Challengers Bangalore offices in the southern city as part of their probe into alleged tax evasion.

Confused About New Tax Rates? Ask Our Experts

Confused About New Tax Rates? Ask Our Experts

Rediff.com1 Feb 2025

Ask tax gurus Mihir Tanna, Samkit Maniar, Vivek Lala, Anil Rego, T S Khurana and Mahesh Padmanabhan your Budget-related tax questions

Kerala Verdict: Left's Worst Defeat

Kerala Verdict: Left's Worst Defeat

Rediff.com5 May 2026

'What we are witnessing is a massive anti-incumbency wave that has cut across all social and political divides.'

Roadside vendor is income tax payer too

Roadside vendor is income tax payer too

Rediff.com4 Mar 2010

The 52-year-old, who started as a helper, has been in the business for the last 35 years. Today, assisted by his wife and a team of seven workers, Sakhare sells about 50 kgs of poha (made out of flattened rice), serving 1,000- 1,200 people daily, which fetches him over Rs 100,000 a month.

India's GDP estimated to grow at 7.4% in FY26; fastest in the world

India's GDP estimated to grow at 7.4% in FY26; fastest in the world

Rediff.com7 Jan 2026

The Indian economy is likely to grow at 7.4 per cent in 2025-26, up from 6.5 per cent in the previous fiscal, mainly on account of better performance of manufacturing and services sectors, as per the government data released on Wednesday.

Charitable entities to see tightening of income tax

Charitable entities to see tightening of income tax

Rediff.com16 Feb 2012

Non-profit organisations set up for charitable purposes may see a tightening of income tax provisions.

'How To Save Tax On Retirement'

'How To Save Tax On Retirement'

Rediff.com20 Mar 2025

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

HUL Reports 21% Jump in Q4 Profit to Rs 2,994 Crore, Driven by Strong Volume Growth and Strategic Divestment

HUL Reports 21% Jump in Q4 Profit to Rs 2,994 Crore, Driven by Strong Volume Growth and Strategic Divestment

Rediff.com30 Apr 2026

FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.

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.

6 easy ways to reduce your income tax

6 easy ways to reduce your income tax

Rediff.com16 Jul 2018

Archit Gupta on how can you maximise your savings and reduce your taxable income.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

New rates: Invest to save more income tax!

New rates: Invest to save more income tax!

Rediff.com28 Feb 2005

In a major relief to tax payers, the Union Budget for 2005-06 on Monday altered income tax brackets.

'Your Tax Liability Will Be 0, But...'

'Your Tax Liability Will Be 0, But...'

Rediff.com8 Jul 2025

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

Income tax payers eligible for Haj subsidy

Income tax payers eligible for Haj subsidy

Rediff.com20 Oct 2004

The Union Cabinet dropped the condition laid by previous government to exempt income tax payers from Haj subsidy.

Pilot Claims Vijayan and Modi Follow Similar Political Approaches

Pilot Claims Vijayan and Modi Follow Similar Political Approaches

Rediff.com26 Mar 2026

AICC general secretary Sachin Pilot has accused Kerala Chief Minister Pinarayi Vijayan of following similar political approaches to Prime Minister Narendra Modi, alleging a tacit understanding between the CPI(M) and the BJP in Kerala.

Kerala Offers Congress Golden Chance; Will It Deliver?

Kerala Offers Congress Golden Chance; Will It Deliver?

Rediff.com8 May 2026

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.

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com18 May 2026

'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.'

Income-tax return forms: Not so Saral!

Income-tax return forms: Not so Saral!

Rediff.com12 Jul 2007

We attempt to demystify for the salaried class the two main ITR forms applicable in their case, i.e. Forms ITR-1 and ITR-2.