rediffGURU T S Khurana answers readers' personal income tax queries
In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.
The overall number of frauds, including those related to loan accounts and digital payments, jumped by three times in FY25, primarily due to reclassification of 122 cases as per a Supreme Court order, the Reserve Bank said on Thursday. The fraud value jumped to Rs 36,014 crore in FY25, up from Rs 12,230 crore in the previous fiscal year, while the number of fraud cases went down to 23,953 in FY25 from 36,060 in FY24.
'I am glad Aranyer Din Ratri is being shown at Cannes.' 'The film was better appreciated outside India even when released originally.'
A fresh political row has erupted in West Bengal after a person allegedly involved in Bangladesh's August 2024 student protests was found listed as a voter in Kakdwip, triggering sharp Bharatiya Janata Party-Trinamool Congress exchanges over alleged illegal infiltration and manipulation of the voter list in the state.
Borrowers should consider switching from an MCLR-linked to a repo rate-linked loan.
Secretary of Commerce Howard Lutnick has said one should expect a trade deal between India and the US in the "not-too-distant future" as the two countries have found a place that works for them. "So the idea is when they put the right person and India put the right person on the other side of the table, and we've managed, I think, to be in a very, very good place," Lutnick said in his keynote address at the eighth edition of the US-India Strategic Partnership Forum (USISPF) Leadership Summit in Washington on Monday.
The rate of unemployment in the country, measured in monthly term, rose to 5.6 per cent in May from 5.1 per cent in April this year mainly due to seasonal variation, showed the government data released on Monday.
Rajbaris are a link to Bengal's rich past, of grand mansions, classical fine dining, and allow guests to be pretend zamindars for those few hours or days that they stay.
Private sector lender Bandhan Bank on Friday said its founder, managing director and CEO Chandra Shekhar Ghosh has tendered his resignation. Ghosh would retire from the services of the bank as MD and CEO upon completion of his current tenure on July 9, 2024, the bank said in a regulatory filing. "After leading the bank for almost a decade, including three consecutive tenures as MD & CEO, I feel that the time has now come for me to assume a larger strategic role at Bandhan group level," Ghosh said in a letter addressed to the board.
'This means that there will be more than 1,000 tech talent in India over the next 12-18 months.'
Satyajit Ray anticipated the issues we are only now starting to raise, long before large language models, AI chatbots, predictive algorithms, and autonomous systems began to control every bit of our lifestyles, notes Atanu Biswas.
'I am not a mother and never had an abortion either, so I had to understand motherhood and child loss from anecdotal experiences of others.'
Gujarat Titans will be aiming for a top-two spot even as Chennai Super Kings continue planning for the future when the two teams meet in the Indian Premier League match in Ahmedabad on Sunday.
The All India Football Federation decided to form an eight-member task force to look into the Master Rights Agreement (MRA) negotiations with its commercial partner Football Sports Development Ltd
'Post COVID, people are much more enthusiastic about going to concerts.' 'The live music scenario has suddenly become very relevant to people's lives.' 'They see that it is cooked on the spot.'
Deductions missed in Form 16 can still be claimed while filing ITR.
Foreign investors continue to show confidence in the country's equity market, infusing Rs 14,167 crore so far this month, largely driven by favourable global cues and robust domestic fundamentals. Notably, this inflow has come despite the ongoing military tensions between India and Pakistan.
A parliamentary panel has sought details from two key government ministries on actions planned against social media platforms and influencers who "seem to be working against national interest" following a recent terror attack in Pahalgam. The panel, headed by BJP MP Nishikant Dubey, has asked the ministries of Information and Broadcasting, and Electronics and Information Technology to provide details of any contemplated action to ban such platforms under the IT Act 2000 and the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. However, a member of the panel, Trinamool Congress MP Saket Gokhale, has denied receiving any communication related to the issue and claims that the chairperson cannot issue a statement without the approval of the committee.
'Once I started acting, I gradually started liking it and the perks that come with it.'
Each time her little boy wakes up from sleep, his voice trembles with the same haunting questions: "Where is Papa? Did he go somewhere?"
The Calcutta High Court has directed the CBI to produce the case diary related to its investigation into the rape-murder of an on-duty doctor at RG Kar hospital. The court questioned the CBI about the possibility of gang rape or destruction of evidence in its probe. The parents of the victim, who are petitioners in the case, have requested a court-monitored investigation, alleging a larger conspiracy behind the crime. The CBI has already filed a charge-sheet in the case, leading to the conviction and life imprisonment of Sanjay Roy, a former civic volunteer, for the crime. However, the court has sought clarification from the CBI on whether it considered investigating the crime under Section 70 (gang rape) of the Bharatiya Nyaya Sanhita (BNS).
'They can't take even the smallest step.' 'The mental abuse is so insidious that sometimes they don't even realise it's happening.'
Thapar had strong reservations about Project Cheetah, India's initiative to reintroduce African cheetahs into the wild. He argued that India does not have the necessary habitat or prey base to support free-ranging cheetahs and that the authorities lacked experience in managing spotted felines in the wild.
The Election Commission on Monday censured BJP leader Dilip Ghosh and Congress'd Supriya Shrinate for derogatory remarks against the dignity of women.
The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said.
A delegation of the National Commission for Women (NCW), led by its chairman Vijaya Rahatkar, met with riot-affected women in Murshidabad district of West Bengal, assuring them of safety and demanding an NIA probe into the recent communal clashes. The women narrated their harrowing experiences and demanded permanent BSF camps in select areas of the district. The NCW team also visited relief camps in Malda district and assessed the condition of women affected by the violence.
'Right now, silver -- and especially platinum -- are very cheap compared to gold. If I were buying today, I would choose platinum.'
rediffGURU T S Khurana answers readers' personal income tax queries.
Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. According to Prime Database, DIIs held a 17.62 per cent stake, up from 16.89 per cent in the December 2024 quarter.
Despite sharp interest rate cuts expected in this financial year amid easy liquidity conditions, state-run banks are treading cautiously on their loan growth projections for FY26. Most large banks are projecting loan growth at 11-13 per cent, almost similar to the previous financial year.
The Calcutta High Court has directed the Central Bureau of Investigation (CBI) to submit the case diary initially prepared by the Kolkata Police in connection with the rape-murder of an on-duty doctor at RG Kar Medical College and Hospital. The court also instructed the CBI to present a list of individuals interviewed in the case at the next hearing scheduled for April 23. The CBI has been investigating the incident since August 13, 2024, when the case was transferred from Kolkata Police. The court noted inconsistencies between the inquest and post-mortem reports, with two injury marks mentioned in the inquest report but absent in the post-mortem report. The CBI is currently investigating whether there was a larger conspiracy behind the crime and if there had been any attempt to destroy evidence.
They are not just underreporting income; they are reshaping what the income tax system perceives, says study.
The contest between laggards Chennai Super Kings and Rajasthan Royals holds no significance in the context of the IPL 2025 play-offs.
American sourcing firms and exporters in China are approaching Indian companies to supply goods to the US as high tariffs imposed by Washington are making it difficult for them to ship directly to America, apex exporters' body FIEO said on Monday. The US has imposed 145 per cent tariffs on Chinese goods entering the American market. For India, the duty is just 10 per cent.
India's women's team will hope to produce a strong all-round effort against a tricky Sri Lanka and win the ODI tri-series final in Colombo on Sunday.
A home insurance policy covers damage from earthquakes, fires, explosions, floods, landslides, cyclones, storms, aircraft damage, and acts of terrorism.
'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'
The Election Commission on Wednesday slapped show-cause notices on Bharatiya Janata Party leader Dilip Ghosh and Congress leader Supriya Shrinate for their offensive remarks against West Bengal Chief Minister Mamata Banerjee and Kangana Ranaut respectively.
Clinical India crush Sri Lanka by 97 runs to win Women's Tri-Nation tournament
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