News for 'Liability'

RTI can't be used to get spouse's income details: HC

RTI can't be used to get spouse's income details: HC

Rediff.com3 May 2026

The Delhi High Court has ruled that an individual cannot obtain details of their spouse's income from authorities by filing an application under the Right to Information (RTI) Act.

V D Satheesan's Asset Declaration: A Detailed Look

V D Satheesan's Asset Declaration: A Detailed Look

Rediff.com23 Mar 2026

Senior Congress leader V D Satheesan has declared assets worth around 3 crore, including movable and immovable properties, in his affidavit filed before the Election Commission for contesting the polls from North Paravoor. Kerala Congress (M) chairman Jose K Mani has also declared his assets.

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Rediff.com17 May 2026

India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.

Delhi Court: Husband Can't Evade Duty To Maintain Family

Delhi Court: Husband Can't Evade Duty To Maintain Family

Rediff.com7 May 2026

A Delhi court has upheld an interim maintenance order, directing a man to pay Rs 7,500 per month to his estranged wife and minor daughter in a domestic violence case.

Over 1,500 Missing Persons Cases Reported in Himachal Pradesh

Over 1,500 Missing Persons Cases Reported in Himachal Pradesh

Rediff.com27 Mar 2026

Chief Minister Sukhvinder Singh Sukhu reports over 1,500 missing persons cases in Himachal Pradesh over the past three years, with Solan district reporting the highest number of cases. The government also addresses healthcare scheme liabilities and illegal tree felling.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

Investment Fraudster Sentenced: Court Orders Asset Auction to Repay Victims

Investment Fraudster Sentenced: Court Orders Asset Auction to Repay Victims

Rediff.com11 Apr 2026

A special court in Thane, Maharashtra, has sentenced the mastermind of an investment fraud to rigorous imprisonment and ordered the auction of his properties to repay duped investors.

Should You Fall In Developers' Flexible Payments Trap?

Should You Fall In Developers' Flexible Payments Trap?

Rediff.com12 May 2026

Deferred payment plans may come with a cost, which may not be immediately visible.

Indian-Origin Ex-Cop Pleads Guilty in UK 'Crash for Cash' Fraud

Indian-Origin Ex-Cop Pleads Guilty in UK 'Crash for Cash' Fraud

Rediff.com8 Apr 2026

A former Metropolitan Police officer of Indian origin has pleaded guilty to his involvement in a 'crash for cash' scam in the UK, involving fraudulent personal injury claims after staged vehicle collisions.

Odisha govt slaps Rs 233 crore penalty on Vedanta for 'illegal' water extraction

Odisha govt slaps Rs 233 crore penalty on Vedanta for 'illegal' water extraction

Rediff.com4 May 2026

The Odisha government has issued a notice to Vedanta Aluminium Limited, Jharsuguda, demanding 233.11 crore for allegedly extracting over 30 lakh cubic metres of water monthly from the Bheden river system without authorisation between May 2025 and April 2026, a charge the company denies, claiming compliance with existing agreements.

IBC-tax law mismatch clouds loss carry-forward benefits

IBC-tax law mismatch clouds loss carry-forward benefits

Rediff.com2 May 2026

A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).

IDFC First Bank Simplifies Customs Duty Payments Digitally

IDFC First Bank Simplifies Customs Duty Payments Digitally

Rediff.com18 Apr 2026

IDFC First Bank has integrated with ICEGATE 2.0 to enable digital payment of customs duty, central excise, and service tax for its customers.

RBI Simplifies E-Mandate Rules For Reissued Cards

RBI Simplifies E-Mandate Rules For Reissued Cards

Rediff.com21 Apr 2026

The Reserve Bank of India has updated its e-mandate framework, allowing card issuers to map existing mandates to reissued cards and clarifying rules around transaction limits and customer grievance redressal.

Relief for Karisma's children in Sunjay Kapur Rs 30,000 cr property row

Relief for Karisma's children in Sunjay Kapur Rs 30,000 cr property row

Rediff.com1 May 2026

The Delhi High Court has directed the preservation of the assets of the late Sunjay Kapur, following concerns raised by his children regarding his purported last will.

Gang Busted For Rs 1.3 Crore GST Fraud Using Mudra Loan Scheme

Gang Busted For Rs 1.3 Crore GST Fraud Using Mudra Loan Scheme

Rediff.com22 Apr 2026

Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.

US raises concerns over India's data protection, internet shutdown policies

US raises concerns over India's data protection, internet shutdown policies

Rediff.com10 Apr 2026

The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.

How RBI Fights Rupee Fall

How RBI Fights Rupee Fall

Rediff.com12 May 2026

The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.

'Tamil Nadu Has Produced Most Dramatic Political Debut'

'Tamil Nadu Has Produced Most Dramatic Political Debut'

Rediff.com6 May 2026

'This is a major rupture in Tamil Nadu's political order.' 'For the Dravidian parties, the message is clear: The old DMK-AIADMK binary is no longer guaranteed a future.'

Income Tax Department Releases ITR Forms for Assessment Year 2026-27

Income Tax Department Releases ITR Forms for Assessment Year 2026-27

Rediff.com31 Mar 2026

The Income Tax Department has released all income tax return (ITR) forms for the assessment year 2026-27, enabling individuals, businesses, and other entities to begin filing their returns for the financial year 2025-26.

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.

SC rejects hate speech case against BJP's Anurag Thakur, Parvesh Verma

SC rejects hate speech case against BJP's Anurag Thakur, Parvesh Verma

Rediff.com1 May 2026

The Supreme Court has ruled that no cognisable offence was committed by BJP leaders Anurag Thakur and Parvesh Verma regarding alleged hate speeches during the 2020 anti-CAA protests in Delhi. The court upheld a previous decision by the Delhi High Court, stating that the speeches did not incite violence or target a specific community.

SC Differentiates Suspension of Sentence Post-Conviction from Pre-Trial Bail

SC Differentiates Suspension of Sentence Post-Conviction from Pre-Trial Bail

Rediff.com10 Apr 2026

The Supreme Court of India has clarified the distinct parameters for suspending sentences after conviction compared to granting pre-trial bail, setting aside a Patna High Court order in a 2016 murder case.

Farmer in UP Receives Shocking Tax Notice for Fraudulent Firm

Farmer in UP Receives Shocking Tax Notice for Fraudulent Firm

Rediff.com4 Apr 2026

A farmer in Budaun, Uttar Pradesh, received tax notices for Rs 14.66 crore due to a fraudulent firm operating in his name in Delhi, prompting an official investigation.

IPL 2026: 3 Defeats! What's Wrong With PBKS?

IPL 2026: 3 Defeats! What's Wrong With PBKS?

Rediff.com7 May 2026

Punjab Kings looked unstoppable after seven straight wins, but three defeats on the bounce have flipped the mood.

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.

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

Farmer in UP Receives Huge Tax Notice Due to Fraudulent Firm

Farmer in UP Receives Huge Tax Notice Due to Fraudulent Firm

Rediff.com4 Apr 2026

A farmer in Uttar Pradesh, India, was shocked to receive tax notices for millions of rupees due to a fraudulent firm operating under his name in Delhi. An investigation has been launched to address the identity theft and tax evasion.

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Rediff.com29 Apr 2026

Reliance Industries' digital arm, Jio Platforms, may see its initial public offering (IPO) delayed to the second half of fiscal 2027, according to CreditSights. The delay is primarily attributed to ongoing geopolitical tensions in the Middle East, which could impact market conditions and investor sentiment.

SC orders no-fault pay policy for serious Covid vaccine side effects

SC orders no-fault pay policy for serious Covid vaccine side effects

Rediff.com10 Mar 2026

The Supreme Court of India has directed the central government to establish a no-fault compensation policy for individuals who experience serious adverse events after receiving a COVID-19 vaccine.

RBI To Enhance Security For Prepaid Payment Instruments

RBI To Enhance Security For Prepaid Payment Instruments

Rediff.com22 Apr 2026

The Reserve Bank of India (RBI) has proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced transaction security and clearer rules on refunds and grievance redressal.

BJP Candidates in Kerala Polls Face Criminal Cases, Asset Declarations Revealed

BJP Candidates in Kerala Polls Face Criminal Cases, Asset Declarations Revealed

Rediff.com21 Mar 2026

Several BJP candidates contesting in the Kerala Assembly elections face pending criminal cases, primarily related to protests and agitations, according to their nomination papers. The affidavits also reveal details of their assets and liabilities.

BJP Candidates in Kerala Polls Face Criminal Cases, Asset Declarations Revealed

BJP Candidates in Kerala Polls Face Criminal Cases, Asset Declarations Revealed

Rediff.com21 Mar 2026

Several BJP candidates contesting in the Kerala Assembly elections face pending criminal cases, primarily related to protests and agitations, according to their nomination papers. The affidavits also reveal details of their assets and liabilities.

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.

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

Trinamool MP Criticises 'Blend and Butcher' Approach of Jan Vishwas Bill

Trinamool MP Criticises 'Blend and Butcher' Approach of Jan Vishwas Bill

Rediff.com2 Apr 2026

Trinamool Congress MP Nadimul Haque criticised the Jan Vishwas (Amendment and Provisions) Bill, 2026, in the Rajya Sabha, questioning the government's approach to amending multiple central laws through a single piece of legislation and raising concerns about its impact on public health and federal funds owed to West Bengal.

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.

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

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

Rediff.com27 Mar 2026

The Reserve Bank of India (RBI) has introduced its 'Payments Vision 2028' document, outlining initiatives to enhance digital payment security, introduce electronic cheques, and expand regulatory oversight to include e-commerce entities.

Report Reveals Collusion in Pune Land Deal Involving Parth Pawar's Company

Report Reveals Collusion in Pune Land Deal Involving Parth Pawar's Company

Rediff.com25 Mar 2026

A committee investigating the sale of government land in Pune to a company co-owned by Parth Pawar has found that officials from revenue, stamp, and registration departments facilitated the illegal transaction.

Chairman's Resignation: HDFC Bank Faces Legal Debate

Chairman's Resignation: HDFC Bank Faces Legal Debate

Rediff.com25 Mar 2026

HDFC Bank is engaging external legal firms, both domestic and international, to investigate the circumstances surrounding former part-time chairman Atanu Chakraborty's resignation.