News for 'Income Tax'

'Movies Have To Be Good To Bring People To Cinemas'

'Movies Have To Be Good To Bring People To Cinemas'

Rediff.com18 Oct 2025

'Last year, we had about 10 to 12 per cent of Hollywood films as a box-office contribution. This year already, it has jumped up to 24 per cent because the lineup is very strong.'

Where Have All The Share Buybacks Gone?

Where Have All The Share Buybacks Gone?

Rediff.com15 May 2025

Without changes to the taxation rules, buybacks are expected to remain scarce.

How insurers stand to gain from GST rate cut

How insurers stand to gain from GST rate cut

Rediff.com4 Dec 2025

The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.

Will The GST Cut Make A Difference?

Will The GST Cut Make A Difference?

Rediff.com22 Sep 2025

These changes certainly bring India's GST a lot closer to what an ideal GST would look like, points out Karan Bhasin.

'Is PPF Better Than MFs For...?'

'Is PPF Better Than MFs For...?'

Rediff.com19 Sep 2025

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

How to Allocate Your Money in the Metal Market?

How to Allocate Your Money in the Metal Market?

Rediff.com11 Dec 2025

The Indian metal market is a promising sector to invest in as it provides a good balance between the prospects of growth and stability in dynamic economic conditions and a changing geopolitical environment. Metals such as gold, silver, copper, etc, have gained renewed significance in 2025, amidst growing inflation and India's push towards infrastructural growth and green energy initiatives.

How to Allocate Your Money in the Metal Market?

How to Allocate Your Money in the Metal Market?

Rediff.com11 Dec 2025

The Indian metal market is a promising sector to invest in as it provides a good balance between the prospects of growth and stability in dynamic economic conditions and a changing geopolitical environment. Metals such as gold, silver, copper, etc, have gained renewed significance in 2025, amidst growing inflation and India's push towards infrastructural growth and green energy initiatives.

How Best To Utilise Rs 17,500 Tax Saving

How Best To Utilise Rs 17,500 Tax Saving

Rediff.com25 Jul 2024

Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.

How GST Rate Cut Will Impact Sectors

How GST Rate Cut Will Impact Sectors

Rediff.com8 Sep 2025

Lower rates effectively increase disposable income, strengthen purchasing capacity, and support broader consumption growth.

How Modi's Committee-Led Governance Is Driving Reforms

How Modi's Committee-Led Governance Is Driving Reforms

Rediff.com12 Dec 2025

The change in the government's engagement with the economy's need for reforms is more nuanced than how analysts have so far perceived it, points out A K Bhattacharya.

Invest in ELSS: Save Tax, Create Wealth

Invest in ELSS: Save Tax, Create Wealth

Rediff.com7 Feb 2023

The three year lock-in period enables ELSS fund managers to invest in high conviction stocks for a long period of time because of relatively less redemption pressure, says Dwaipayan Bose

'Your EPF Withdrawal Is Tax-Free, If...'

'Your EPF Withdrawal Is Tax-Free, If...'

Rediff.com15 Oct 2024

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

GST 2.0, Festival Cheer Drove Record Vehicle Sales in October

GST 2.0, Festival Cheer Drove Record Vehicle Sales in October

Rediff.com11 Nov 2025

Festivals also contribute to the rise in overall automobile retail sales, says dealers association.

Budget 2022 leaves personal tax rates untouched

Budget 2022 leaves personal tax rates untouched

Rediff.com1 Feb 2022

Belying expectations, Finance Minister Nirmala Sitharaman did not tinker with the personal income tax rates in the Budget for 2022-23.

Price reset, demand pulse drove cement's strong Q2

Price reset, demand pulse drove cement's strong Q2

Rediff.com28 Nov 2025

India's top cement producers delivered a solid July-September quarter (Q2) in 2025-26 (FY26), lifted by firmer prices, higher sales volumes, and a favourable base. Seasonal weakness and maintenance outages did dent sequential performance, but the overall picture remained positive - and the road ahead looks steady.

Old Or New Tax Regime: Which Is Better?

Old Or New Tax Regime: Which Is Better?

Rediff.com13 Feb 2023

'If a taxpayer opts for the new tax regime once, he can only switch back to the old tax regime once in his lifetime.'

FMCG cos indicate mid single-digit revenue growth in Q2

FMCG cos indicate mid single-digit revenue growth in Q2

Rediff.com16 Oct 2025

Fast-moving consumer goods (FMCG) companies are expected to report mid-single-digit revenue growth in the July-September 2025-26 quarter, according to their quarterly updates. Most companies also noted that supply chains were focused on liquidating existing stock ahead of the implementation of new goods and services tax (GST) rates in categories where the tax was lowered.

Step-By-Step Guide For ITR Filing

Step-By-Step Guide For ITR Filing

Rediff.com23 May 2024

Income Tax department have released different tools to help you file your ITR-3 form easily.

Moonlighting? Be Ready To Pay Tax

Moonlighting? Be Ready To Pay Tax

Rediff.com31 Jul 2023

Failure to disclose any income can lead to penalties and legal issues.

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Rediff.com3 Oct 2025

The Enforcement Directorate (ED) and Income Tax (I-T) Department are likely to join the Assam Police in investigating alleged organised financial crimes and acquisition of benami properties by event manager Shyamkanu Mahanta, an accused in the death of Assam's cultural icon Zubeen Garg.

In Tokyo, Modi pitches India's growth amid US tariff row

In Tokyo, Modi pitches India's growth amid US tariff row

Rediff.com29 Aug 2025

Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.

Capital Gains Tax Tinkering May Spook Markets

Capital Gains Tax Tinkering May Spook Markets

Rediff.com10 Jul 2024

'Expectations are high regarding the change in LTCG with respect to equity investments.'

SWP Vs FD: Why An SWP Win Hands Down

SWP Vs FD: Why An SWP Win Hands Down

Rediff.com18 Mar 2025

The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.

Insurance sector premium growth crossed 20% in Nov

Insurance sector premium growth crossed 20% in Nov

Rediff.com9 Dec 2025

Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services tax (GST) on premiums from 18 per cent to zero and a favourable base effect.

'We Expect Everyone Will Shift To New Tax Regime Now'

'We Expect Everyone Will Shift To New Tax Regime Now'

Rediff.com2 Feb 2025

'Nearly 10 million people will benefit from the increase in the rebate limit for those earning up to Rs 12 lakh.' 'We expect all that money will come back into the economy in either savings, consumption, or investments.'

5% Reduction in Tax Can Stimulate Spending

5% Reduction in Tax Can Stimulate Spending

Rediff.com31 Jan 2025

While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.

TAX GURU: 'Worried about property tax'

TAX GURU: 'Worried about property tax'

Rediff.com4 Jan 2022

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

Direct tax collection rises 22% to over Rs 9.57 lakh cr

Direct tax collection rises 22% to over Rs 9.57 lakh cr

Rediff.com10 Oct 2023

The net direct tax collection increased by 21.82 per cent to over Rs 9.57 lakh crore till October 9, helped by good inflow from corporates and individuals, the Finance Ministry said on Tuesday. The net collections have reached 52.5 per cent of the full-year budget estimates (BE) of Rs 18.23 lakh crore. The provisional figures of Direct Tax collections up to October 9, 2023, continue to register steady growth, the statement said.

Rented property income can't be business income

Rented property income can't be business income

Rediff.com21 May 2019

If you are merely letting out the property and enjoying the rent as an individual or as a company, in most cases, you will need to mention rental income under the head 'income from house property' in the income-tax return form, points out Tinesh Bhasin.

Hero MotoCorp Q4 profit up 24% at Rs 1,169 cr

Hero MotoCorp Q4 profit up 24% at Rs 1,169 cr

Rediff.com13 May 2025

Hero MotoCorp on Tuesday posted 24 per cent increase in consolidated profit after tax at Rs 1,169 crore for the fourth quarter ended March 31, 2025 riding on higher margins backed by better product mix, parts revenue and cost effectiveness. The company had reported a consolidated profit after tax (PAT) of Rs 943 crore in January-March FY24.

TAX GURU: 'Is my employment compensation tax-free?'

TAX GURU: 'Is my employment compensation tax-free?'

Rediff.com8 Apr 2022

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

'Is Gratuity Above Rs 20 Lakh Taxed?'

'Is Gratuity Above Rs 20 Lakh Taxed?'

Rediff.com20 Feb 2024

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

Lalit Modi, Vijay Mallya's Karaoke Duet Goes Viral

Lalit Modi, Vijay Mallya's Karaoke Duet Goes Viral

Rediff.com5 Jul 2025

The Instagram video has drawn significant attention due to the controversial backgrounds of both Lalit Modi and Vijay Mallya.

Why Must We Have 7 I-T Categories?

Why Must We Have 7 I-T Categories?

Rediff.com4 Feb 2025

'The finance minister missed yet another opportunity to simplify the income tax structure in the Budget.' 'This was an opportune moment to get rid of the old tax system entirely and move fully to the new system,' asserts M Govinda Rao, member of the 14th Finance Commission.

Hero rides festival tide, GST winds at its back

Hero rides festival tide, GST winds at its back

Rediff.com14 Oct 2025

With gains of over 28 per cent, Hero MotoCorp has emerged as the best-performing largecap automotive stock over the past three months. The rally has been driven by an improved outlook for the rural segment, higher demand during the ongoing festival season, and rising affordability following cuts in goods and services tax (GST) rates.

'Can I Sell Shares To Pay Home Loan And Avoid Tax?'

'Can I Sell Shares To Pay Home Loan And Avoid Tax?'

Rediff.com23 Jan 2025

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

ITR: 'Can I Carry Fwd 2.52L Trading Loss?'

ITR: 'Can I Carry Fwd 2.52L Trading Loss?'

Rediff.com12 Feb 2025

rediffGURU Samkit Maniar answers readers' personal income tax queries.

GST 2.0 bolstered momentum, economy on stable footing

GST 2.0 bolstered momentum, economy on stable footing

Rediff.com28 Nov 2025

The reduction in the goods and services tax (GST) rates has increased the momentum in India's economic activity both on the supply and demand sides, while robust agricultural activity - reflected in the strong onset of rabi sowing and adequate reservoir levels - has reinforced the outlook for food supply and rural incomes, the finance ministry said on Thursday.

Seven linked to Zubeen Garg's final hours ignore CID summons: Himanta

Seven linked to Zubeen Garg's final hours ignore CID summons: Himanta

Rediff.com6 Oct 2025

Assam Chief Minister Himanta Biswa Sarma says most of those present with singer Zubeen Garg in Singapore during his death have yet to respond to CID summons, and addresses related political accusations.

Budget Qs Answered: 'Selling My Home At Rs 5 Cr. How Much Tax Will I Pay?'

Budget Qs Answered: 'Selling My Home At Rs 5 Cr. How Much Tax Will I Pay?'

Rediff.com26 Jul 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries.