rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
US President Donald Trump signed the National Defence Authorisation Act for Fiscal Year 2026 into law, highlighting broadened engagement with India and addressing the challenge posed by China in the Indo-Pacific region.
The Reserve Bank of India (RBI) on Tuesday announced a fresh round of liquidity measures through open-market operations (OMOs) and a foreign exchange buy-sell swap, under which it will inject close to Rs 3 trillion into the banking system. The central bank said it would purchase Government of India securities worth Rs 2 trillion through OMOs, spread across four tranches of Rs 50,000 crore each to be conducted on December 29, January 5, January 12 and January 22.
The Insolvency and Bankruptcy Code (IBC) Amendment Bill 2025 has failed to introduce specific timelines for the National Company Law Appellate Tribunal (NCLAT) to dispose of appeals, the select committee on the IBC Bill has said in its report.
Bihar Chief Minister Nitish Kumar's assets have increased slightly to Rs 1.65 crore, while several ministers are wealthier, according to the latest asset disclosure.
As Simon navigates auditions, rejection, and sudden attention, Wonder Man explores how power and celebrity intersect, often blurring the line between authenticity and performance.
Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power to disgorge unlawful gains made by insurers and intermediaries as well as the right to limit commissions paid to intermediaries.
This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.
The power sector presents a puzzle. A fast-growing economy should be aligned to higher power demand but that hasn't been the case in the financial year 2026 till date (FY26TD).
India's household debt climbed to 41.3 per cent of gross domestic product (GDP) at the end of March 2025, marking a sustained rise from its five-year average of 38.3 per cent, with consumption-related loans accounting for bulk of the borrowings, the Reserve Bank of India (RBI) said in its Financial Stability Report.
A group allegedly protested and clashed with police during an anti-encroachment drive near a mosque in Delhi, resulting in injuries and detentions.
A dispute over ownership of a gym in east Delhi's Laxmi Nagar led to a clash with a man beaten, his wife allegedly molested, and their son stripped and assaulted in public, police said on Monday as they arrested one accused while others remain at large.
A neutral monetary policy stance, heavy government borrowing, and issuers adjusting to a higher-for-longer yield environment have set the stage for a largely stable corporate bond market in 2026.
The government should refrain from raising income tax surcharge on the super-rich and reintroducing wealth tax in the upcoming 2026-27 Budget, as the move could prompt persons in high-income brackets to leave the country for low-tax jurisdictions, according to tax experts.
The Supreme Court of India has ruled that an 'act of terror' under the Unlawful Activities (Prevention) Act (UAPA) includes planning, coordination, and mobilization, not just the final execution of the act. The court emphasized that the intent and effect of the act are crucial, not solely the instrumentality used.
India's second-largest telecom service provider Bharti Airtel will call in March 2026 the final tranche of about Rs 15,741 crore from its 2021 rights issue of Rs 21,000 crore, proceeds from which will be used towards retiring majority of non-government-related debt.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
A vehicle seller remains legally liable for any accident until the RTO officially updates the registration certificate, even if the vehicle was sold earlier.
A vehicle seller remains legally liable for any accident until the RTO officially updates the registration certificate, even if the vehicle was sold earlier.
The Allahabad high court has set aside a lower court order mandating a man to pay maintenance to his estranged wife, observing that she earns her living and did not reveal the true salary in her affidavit.
Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.
'Bank has a robust capital adequacy base. Along with balance sheet preparation, the bank is focusing on strengthening risk management for the new regime.'
A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.
Wedding insurance goes far beyond protecting against cancellations.
Financial liabilities are suspected to be the motive behind the gruesome mass murder in Kerala's Venjaramoodu, where a man allegedly killed his grandmother, brother, girlfriend, paternal uncle and the latter's wife. The accused, Afan (23), had a debt of over Rs 65 lakh and his family was on the brink of suicide due to the financial burden. The police are investigating all angles, including a possible drug connection.
RJD leader Tejashwi Yadav, contesting from Raghopur, declares assets worth Rs 8.1 crore, while his wife owns assets worth Rs 1.88 crore.
State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.
The Mumbai Bench of the National Company Law Tribunal (NCLT) on Tuesday gave its approval to Vedanta Limited's demerger proposal, clearing the way for the group to reorganise its operations into five distinct, sector-specific entities.
Violence erupted during an anti-encroachment drive near the Faiz-e-Elahi mosque in Delhi's Ramlila Maidan area early Wednesday, with some people pelting stones at police personnel, leaving five of them injured.
In the mid-1990s, when the shares of listed companies first began to be held in electronic form, they accounted for less than 1 per cent of the stocks bought and sold on the stock exchanges. This climbed to 99.5 per cent by 2001.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Civil society groups, led by the NREGA Sangharsh Morcha, are planning a nationwide protest -- similar to the farmers' stir a few years ago -- starting December 19 demanding scrapping of the new Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission.
Vedanta, a conglomerate in mining and metals, has seen a surge in its share price on the back of multiple triggers. Its demerger appears to be on track, a strong non-ferrous commodity cycle is boosting margins, and silver bulls are interested in Hindustan Zinc, its subsidiary.
Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday.
Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.
Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.
What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan.
Just who are the big winners of the 83rd edition of Golden Globes awards?
Filing a belated return is far better than not filing at all.
Indian Super League (ISL) clubs on Friday formally proposed a fundamental restructuring of the country's top-tier professional football league, seeking perpetual operational and commercial rights for a club-owned league model while retaining the All India Football Federation (AIFF) as the sport's regulator.
