Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.
South Africa captain Temba Bavuma feels facing an Indian side with Virat Kohli and Rohit Sharma is nothing new.
Asian Paints signed up as Indian cricket's official colour partner for three years, covering a total of 110 matches.
The trophy was unveiled during a colourful opening ceremony which was attended by Union Sports Minister Mansukh Mandaviya, Goa Chief Minister Pramod Sawant and FIDE chief Arkady Dvorkovich.
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.
Delhi government mandates 50% work from home for offices and private establishments under GRAP stage three due to severe air pollution. Essential services are exempted.
Yashasvi Jaiswal smashed his maiden ODI hundred to power India to a 2-1 series win after they thrashed against South Africa by nine wickets in the third and final ODI.
An IAF aircrash investigation typically concludes in two/three odd months. The reason for the crash is usually established in a week's time.
An Arunachal Pradesh woman was allegedly detained at Shanghai airport for nearly 18 hours after Chinese immigration officials refused to recognise her Indian passport, claiming Arunachal Pradesh is part of China.
The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.
'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'
The India Meteorological Department (IMD) reports that ash clouds from volcanic activity in Ethiopia, which impacted flight operations in India, are drifting towards China and will move away from India by 7.30 pm on Tuesday.
120 Bahadur is underwhelming, adding little fresh perspective and generally feeling like a standard war drama we have seen umpteen times before, notes Mayur Sanap.
'For us, it's not always about chasing revenue. It's about sustaining happiness and energy, because that's what drives long-term growth.'
India not only lost its top place as the most represented higher-education system to China, several of its marquee institutions saw a significant drop.
The DMK may consider a two-tier campaign, where they keep the focus on Chief Minister Stalin, as a senior statesman with 50-plus years of political experience, and let EPS and the BJP shout in the wilderness. In such a case, the second-tier may project Udhayanidhi as the contender and chosen obstructionist in Vijay's path. The attempt, if any, would be to reduce Vijay to Udhayanidhi's level when the former is aiming at Stalin and Stalin alone in the state's political horizon, predicts N Sathiya Moorthy.
Between April and August this financial year, passenger car exports rose 8.5 per cent year-on-year (Y-o-Y), while domestic sales fell by 8.5 per cent.
Highlighting India as the company's most important growth market, Fabricio Bloisi, group chief executive officer (CEO) of the Dutch technology investor Prosus signaled a sharp acceleration in artificial-intelligence investments across its portfolio in the country.
DGCA provided temporary relief to IndiGo, which is partially owned by Rahul Bhatia, by rolling back the night duty definition to 12 am-5 am from 12 am-6 am earlier, and allowing its pilots to do six night-landings from two earlier, besides other relaxations.
'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.'
The Income Tax department will start sending SMS/emails to about 25,000 individuals, who are part of the "high-risk" cases identified for non-disclosure of foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26, sources said.
In absolute terms, both types of cars must cut emissions by about 28-29 g/km. But in percentage terms, the lighter 900-kg car must reduce emissions by 27 per cent, while the 1,500-kg car needs a 22 per cent cut. And the target becomes progressively stringent for both -- but, once again, the tightening is sharper for the 900-kg car than for the 1500-kg car.
Sarvam's LLM will have more than 17 trillion tokens with 17 to 20 per cent coming from Indian data
Major foreign mining and refining companies have assured the Indian government that they will have sufficient stocks of rare-earth oxides to supply to the winning bidders under the country's production-linked incentive (PLI) scheme for indigenous manufacturing of rare-earth permanent magnets (REPMs), Business Standard has learnt.
The return on investment (RoI) from technologies such as artificial intelligence (AI) will take time to materialise, and the immediate priority should be to increase spending on building governance frameworks around AI, top bank executives said.
'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'
'We've not seen a crypto exchange come back after about 45 per cent of the value on the platform was impacted.'
A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
Amidst growing competition and global softening of EV demand, its India entry was due for a long time and that finally happened sometime back although yet again the approach was different.
Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.
The Comptroller and Auditor General of India (CAG) has launched an integrated audit across 32 states and Union Territories to assess the ease of doing business for the micro, small and medium enterprise (MSME) sector.
'The Bhashini Mission has delivered a working technology at large scale, which is as good as or better than the one with MNC tech giants.'
'What we are seeing today is India stepping into its digital confidence, not as a follower but a leader.'
The enduring relationship between the two countries have survived the disintegration of the erstwhile USSR in 1991, the end of the Cold War and the regime change in both countries, points out Rup Narayan Das.
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.
India hosts the event from a position of unprecedented strength with a string of titles under its belt.
The second and final Test starts in Guwahati from Saturday with India trailing 0-1 after the defeat on a challenging Eden Gardens pitch in Kolkata.
The Mahindra XEV 9S isn't a sports car, it is a luxury family room on wheels. It prioritises comfort, tech, and ease of driving over corner-carving precision, says Rajesh Karkera/Rediff.com.
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