News for 'Income-Tax'

How Ludhiana Police Busted A Cyber Fraud Racket Targeting Foreign Nationals

How Ludhiana Police Busted A Cyber Fraud Racket Targeting Foreign Nationals

Rediff.com15 May 2026

Ludhiana Police have busted a large cyber fraud racket, arresting 132 people involved in running fake call centres that targeted foreign nationals through various online scams.

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com7 May 2026

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

Multi-Crore Deposit Scam Unravels In Karnataka: Key Developments

Multi-Crore Deposit Scam Unravels In Karnataka: Key Developments

Rediff.com17 May 2026

Police in Karnataka have arrested an individual running a firm accused of operating a multi-crore deposit scam, attracting investments with promises of high returns. The case involves Shivaanand S Neelanavar and his firm Shivam Associates, also known as Acumen, who allegedly failed to return money to depositors after promising a 36 per cent annual return.

'If people don't buy gold...': Jewellers protest against PM's appeal

'If people don't buy gold...': Jewellers protest against PM's appeal

Rediff.com12 May 2026

Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.

TN Welfare Push Raises Fiscal Risks For New Government

TN Welfare Push Raises Fiscal Risks For New Government

Rediff.com4 May 2026

Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.

Mangaluru Man Duped Of Rs 2.07 Crore In 'Digital Arrest' Scam

Mangaluru Man Duped Of Rs 2.07 Crore In 'Digital Arrest' Scam

Rediff.com26 Apr 2026

A 61-year-old man from Mangaluru was allegedly cheated of Rs 2.07 crore by cyber fraudsters posing as officials of central investigative agencies in a 'digital arrest' scam, police said.

Actor-politician Vijay discloses 603 crore in assets ahead of Tamil Nadu polls

Actor-politician Vijay discloses 603 crore in assets ahead of Tamil Nadu polls

Rediff.com31 Mar 2026

TVK chief Vijay declared assets worth 603.20 crore in his election affidavit, including luxury cars and significant bank deposits, ahead of the Tamil Nadu Assembly polls.

Tax Qs Answered: Capital Gains, PF, Salary Guide

Tax Qs Answered: Capital Gains, PF, Salary Guide

Rediff.com15 Apr 2026

rediffGURU Vipul Bhavsar answers readers' personal income tax queries

Stock Gains Vs Loss: What Gets Taxed?

Stock Gains Vs Loss: What Gets Taxed?

Rediff.com24 Apr 2026

rediffGURU T S Khurana answers readers' personal income tax queries

TVK chief Vijay updates poll affidavit, declares pending FIRs

TVK chief Vijay updates poll affidavit, declares pending FIRs

Rediff.com5 Apr 2026

TVK chief Vijay, a candidate in the Tamil Nadu Assembly elections, has filed a revised election affidavit disclosing two pending FIRs, addressing discrepancies in his initial filing.

DBS Bank India Enables Direct Tax Payments via TIN 2.0

DBS Bank India Enables Direct Tax Payments via TIN 2.0

Rediff.com23 Mar 2026

DBS Bank India has launched a direct tax payment facility after authorisation from the Central Board of Direct Taxes (CBDT). Utkarsh Small Finance Bank partners with Mumbai Indians as banking partner for T20 League 2026.

Hawala Probe Focuses On AAP Funding Before Gujarat Polls

Hawala Probe Focuses On AAP Funding Before Gujarat Polls

Rediff.com20 Apr 2026

Police in Surat are investigating an alleged interstate hawala-linked political funding network involving Aam Aadmi Party (AAP) functionaries, with Rs 1.25 crore reportedly routed from Delhi to Surat ahead of Gujarat local body polls. The AAP has dismissed the claims as a conspiracy by the ruling BJP.

Maha godman case: SIT unearths asserts worth Rs 1,500 cr, 100 videos

Maha godman case: SIT unearths asserts worth Rs 1,500 cr, 100 videos

Rediff.com24 Mar 2026

The SIT investigating self-styled godman Ashok Kharat, who faces multiple rape accusations, has made significant breakthroughs.

Old Vs New Tax Regime: Stop Losing Money

Old Vs New Tax Regime: Stop Losing Money

Rediff.com8 Apr 2026

With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam Kalirajan explains how

Himachal SDM Under Scrutiny For Alleged Benami Land Deals

Himachal SDM Under Scrutiny For Alleged Benami Land Deals

Rediff.com30 Apr 2026

Himachal Pradesh DGP Ashok Tiwari has recommended a detailed examination and action against the SDM of Solan for alleged misuse of official position, conflict of interest, and possible involvement in benami transactions related to land deals.

Avoid These Life Insurance Mistakes

Avoid These Life Insurance Mistakes

Rediff.com8 May 2026

Proposal forms are often filled by the agent. Check the form after it is filled.

IPL Betting Racket Busted In Kanpur; Five Arrested

IPL Betting Racket Busted In Kanpur; Five Arrested

Rediff.com23 Apr 2026

Kanpur Police busted an IPL betting racket, arresting five individuals and seizing Rs 3.91 crore in cash and betting equipment. The accused operated through an illegal website and mobile app, using master IDs to facilitate online gambling.

India has ample buffers to weather headwinds from West Asia conflict: World Bank

India has ample buffers to weather headwinds from West Asia conflict: World Bank

Rediff.com9 Apr 2026

The World Bank has affirmed India's strong position to withstand the current global energy shock, citing high foreign exchange reserves, fiscal space, and low inflation as key buffers supporting continued growth despite international headwinds.

Bhagwant Mann Slams Centre Over ED Raids, Alleges Political Vendetta

Bhagwant Mann Slams Centre Over ED Raids, Alleges Political Vendetta

Rediff.com9 May 2026

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.

Mamata Banerjee Says TMC Will Support Women's Quota Bill

Mamata Banerjee Says TMC Will Support Women's Quota Bill

Rediff.com17 Apr 2026

West Bengal Chief Minister Mamata Banerjee announced that the TMC will support the women's quota bill but opposes the delimitation bill introduced by the Modi government in the Lok Sabha. She also criticised the central government over central agency raids on TMC candidates.

GRP Seizes Rs 1.75 Crore from Train Passengers in Chandauli

GRP Seizes Rs 1.75 Crore from Train Passengers in Chandauli

Rediff.com28 Feb 2026

Government Railway Police (GRP) recovered Rs 1.75 crore in cash from two passengers on the Akal Takht Express at Pandit Deendayal Upadhyay Railway Station in Chandauli district, Uttar Pradesh. The passengers, residents of Lucknow, claimed the money was related to their diamond and jewellery business, but police are investigating further.

Chahal wreaks havoc on DY Patil T20 Cup Day 1

Chahal wreaks havoc on DY Patil T20 Cup Day 1

Rediff.com23 Feb 2026

Yuzvendra Chahal's impressive bowling performance and Yash Dhull's explosive batting were among the highlights of the opening day of the DY Patil T20 Cup.

'No threats or loans, only....': Brother on Bengaluru realtor's suicide

'No threats or loans, only....': Brother on Bengaluru realtor's suicide

Rediff.com31 Jan 2026

He added that the family is focused on the cremation process and gathering more information from the office staff.

Priyanka Gandhi Vadra Alleges LDF-BJP Alliance in Kerala Polls

Priyanka Gandhi Vadra Alleges LDF-BJP Alliance in Kerala Polls

Rediff.com6 Apr 2026

Congress leader Priyanka Gandhi Vadra has accused the CPI(M)-led LDF in Kerala of striking a secret deal with the BJP for the upcoming Assembly elections, alleging suppression of dissent and targeting of minorities by both the state and central governments.

MP Police Suspended Over Alleged Rs 20 Lakh Hush Money Deal

MP Police Suspended Over Alleged Rs 20 Lakh Hush Money Deal

Rediff.com22 Mar 2026

Four Madhya Pradesh police officers have been suspended for allegedly accepting a bribe of Rs 20 lakh from a businessman in exchange for releasing Rs 1 crore found in his vehicle.

Temple linked to godman Kharat got Rs 1 cr from Maha govt

Temple linked to godman Kharat got Rs 1 cr from Maha govt

Rediff.com26 Mar 2026

The Maharashtra government sanctioned over Rs 1 crore for development works at a temple linked to Ashok Kharat, a self-styled godman accused of rape, in 2018. The funds were approved under the regional tourism development scheme. Kharat was arrested on March 18 after being accused of repeated rape.

IRS officer's daughter rape-murder case: Shocking autopsy details emerge

IRS officer's daughter rape-murder case: Shocking autopsy details emerge

Rediff.com23 Apr 2026

The post-mortem report of a senior IRS officer's daughter, who was murdered in her Delhi residence, reveals strangulation as the cause of death, along with multiple injuries indicating a struggle and assault. A former domestic help has been arrested in connection with the crime.

ATS Investigates Fake Religious Trust Receiving Funds from Abroad

ATS Investigates Fake Religious Trust Receiving Funds from Abroad

Rediff.com18 Mar 2026

The Maharashtra Anti-Terrorism Squad (ATS) is investigating a bogus religious trust in Beed that received funds from a controversial international organisation, Chief Minister Devendra Fadnavis announced.

Sitharaman introduces New Income Tax Bill in LS

Sitharaman introduces New Income Tax Bill in LS

Rediff.com13 Feb 2025

Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker Om Birla to refer it to a select committee of the House. Opposition members opposed the Bill at the introduction stage but the House passed a motion by voice vote for its introduction.

How Delhi Police Busted Cyber Lottery Fraud Racket

How Delhi Police Busted Cyber Lottery Fraud Racket

Rediff.com17 Apr 2026

Delhi Police have dismantled a cyber fraud operation that swindled a railway employee out of approximately Rs 60,000 under the guise of an online lottery. The investigation led to multiple arrests and uncovered a network using fake identities to open bank accounts for illicit transactions.

Kerala BJP chief Rajeev Chandrasekhar declares assets worth Rs 93 crore

Kerala BJP chief Rajeev Chandrasekhar declares assets worth Rs 93 crore

Rediff.com21 Mar 2026

BJP state president Rajeev Chandrasekhar, contesting from Nemom, Kerala, declares assets exceeding 93 crore, including movable and immovable properties, ahead of the upcoming Assembly elections.

TMC Leader Alleges BJP Conspiracy Against Mamata Banerjee

TMC Leader Alleges BJP Conspiracy Against Mamata Banerjee

Rediff.com23 Apr 2026

Trinamool Congress leader Abhishek Banerjee accuses the BJP of using central agencies to undermine Mamata Banerjee in the West Bengal elections, alleging a lack of public support for the saffron party.

Panel to examine Income Tax Bill constituted

Panel to examine Income Tax Bill constituted

Rediff.com14 Feb 2025

Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income Tax Bill. To be headed by Bharatiya Janata Party's Baijayant Panda, the panel is mandated to submit its report by the first day of the next session.

Sanjay Bhandari Remains a Fugitive: Delhi HC Backs Money Laundering Order

Sanjay Bhandari Remains a Fugitive: Delhi HC Backs Money Laundering Order

Rediff.com9 Apr 2026

The Delhi High Court has upheld a trial court's order declaring UK-based arms consultant Sanjay Bhandari a 'fugitive economic offender' in a money laundering case, allowing the Enforcement Directorate to proceed with confiscating his assets.

'Will My Mother's Gold Sale Attract IT?'

'Will My Mother's Gold Sale Attract IT?'

Rediff.com27 Feb 2026

rediffGURU T S Khurana answers readers' personal income tax queries

Bhagwant Mann Accuses BJP of Political Vendetta After ED Raids on Punjab Minister

Bhagwant Mann Accuses BJP of Political Vendetta After ED Raids on Punjab Minister

Rediff.com17 Apr 2026

Punjab Chief Minister Bhagwant Mann has criticised the BJP-led central government following ED raids on state minister Sanjeev Arora, alleging political harassment and misuse of central agencies.

Why CBI Officers Were Convicted In Two-Decade-Old Case

Why CBI Officers Were Convicted In Two-Decade-Old Case

Rediff.com18 Apr 2026

A Delhi court has convicted two CBI officers for assaulting and trespassing into the residence of an Indian Revenue Service officer during a raid over two decades ago.

Revised ITR deadline extended with penalty in Budget 2026

Revised ITR deadline extended with penalty in Budget 2026

Rediff.com1 Feb 2026

The FM proposed a rule-based automated process for small taxpayers in FY27 Budget.

LTCG: How to Save Tax on Property Deals

LTCG: How to Save Tax on Property Deals

Rediff.com8 Apr 2026

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

Union Budget: ASK YOUR TAX QUESTIONS

Union Budget: ASK YOUR TAX QUESTIONS

Rediff.com31 Jan 2026

rediffGURUS Mihir Tanna, Vipul Bhavsar, T S Khurana, Vivek Lala and Anil Rego will answer your tax queries related to the Union Budget 2026-2o27.