With the new tax slabs applicable for income earned during Financial Year 2014-15 and host of new changes in income tax returns and filing norms, this e-filing season will certainly bring in a new experience for taxpayers. Here's how
Third party claims are adjudicated by the constituted tribunals.
The Indian badminton team went down fighting against hosts South Korea (1-3) in the women's team badminton semi-finals to settle for their maiden bronze medal at the Asian Games in Incheon on Sunday.
In a tough action, the Government on Thursday barred Greenpeace India from receiving foreign funds with immediate effect by suspending its licence for six months and froze all its accounts, alleging it has "prejudicially" affected the country's public and economic interests.
A Ganesh Nadar listens in during Congress spokesperson Sanjay Jha's speech to the IMC in Mumbai.
"When I came to India, I did not have a plan. I had no friends or mentors. The journey to success hasn't been easy. But looking back, I feel the struggle was worth it. My parents and siblings are very proud of me today," says the 23 year old, Ugochi Latoya Igwilo.
Venkaiah Naidu said 'let there be a discussion... November 8 is a historic day'.
Custom duties, a major concern for the oil sector.
If borrowers don't have access to a bank's credit facility, it could make sense to use peer-to-peer systems.
Five per cent growth is disappointing but only after having reached nine per cent. However, it is still not all that bad, says Andrew Michael Spence.
Once labelled mild and fragile, P V Sindhu has undergone an astounding transformation at Pullela Gopichand Academy - a mix and match of different exercises, on-court training and yoga that make up Sindhu's days, most of which begin with her starting practice at 4:15 am -- that is helping her slay the world's best, writes Nikita Puri
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
India's indigenous paper manufacturers are forced to use a variety of raw materials.
'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.
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It depends on the assessing officer's interpretation. To be on the safe side, have a separate trading account.
'It's very tough for someone, who doesn't have a filmi background, to get work in Bollywood. It's not a smooth ride unless you are really lucky. But I think one has to be prepared for that. I must have given 30 auditions for films alone.' Rajkummar Rao survived the struggle to give us some brilliant films.
Dabhol's assets will be demerged into the power plant and the LNG terminal.
Director-actor Samuthirakani gets candid about his journey in the film industry.
Investors must remember that only resident Indians can open a PPF account and a person can have only one PPF account.
Renu Rajani, VP, Capgemini India tells us why it is important for young professionals to make the most of opportunities at hand and not be scared of failures.
India's in-form shooter Jitu Rai gave the country its first gold medal in the 17th Asian Games, cutting through a tough field to finish on top in the 50m pistol event in Incheon on Saturday.
Re-instatement of 5% custom duty on crude imports will help.
Check out the gold medallists on Day 15 of the 2016 Olympic Games in Rio de Janeiro, on Saturday:
Shekhar Chakravarty has developed and patented Curvo -- world's first non-linear ropeway system.
'It's a joy working there.' 'It's good work and when you come back it gives you pleasure.' 'On returning you take a shower and look at the day and say, "Ah! Nice scenes we did!"' 'Here sometimes you are doing nothing in the day, but you are there for the shoot.' 'You come home and it can be very frustrating, with that frustration the tiredness does not go, you know.' 'Good work gives you that strength and kick.'
In the second and concluding part of his interview, Gurumurthy outlines the two areas he believes the government should focus on.
"Who will be his men?" a distinguished official close to the prime minister asked. Frankly, nobody has an idea. Hardly seven weeks are left for a regime change, but the idea of Narendra Modi on Raisina Hill looks abnormal, if not unreal. Rediff.com's Sheela Bhatt captures the uncertain mood in the capital's bureaucracy ahead of the largest democratic transfer of power in the world.
With China and Bangladesh losing their edge, textile exports from Tirupur are rising once again, turning the city into a job magnet.
South Mumbai's Bhendi Bazaar is all set for a much-needed transformation.
'They are busy making films that suit their purpose. If it suits their purpose to make a Slumdog Millionaire, they will make it.' 'Why are we so upset about not getting an Oscar or producing Oscar quality work? Just look at the quality of work that is venerated by the Oscars. It is not particularly great work. Why are we so desperate to get acknowledgment from the West?'
Indian Grandmasters Vidit Gujrathi and S P Sethuraman placed themselves for a medal contention as they defeated Jorge Cori of Peru and Vladislav Kovalev of Belarus respectively in the 12th and penultimate round of World Juniors Chess Championship.
Born in poverty and subjected to inhuman abuse, Kalpana Saroj overcame all hurdles to emerge a success story.
'According to a powerful section of the Congress the vote was anti-Congress, anti-dynasty and pro-Modi, in that order. They say Modi won because he represented and completely played upon "Bhartiyata".' 'Sonia is being accused, privately, of protecting her son at the cost of the party's interest.' 'For the first time ever, 24 Akbar Road, the Congress headquarters, is assessing the "neeyat (intent)" of the Gandhi Parivar, which has never happened before.' A Rediff Correspondent lifts the veil off the churning within the Congress party in the wake of the party's rout in the election.
India's in-form shooter Jitu Rai gave the country its first gold medal in the 17th Asian Games, cutting through a tough field to finish on top in the 50m pistol event in Incheon on Saturday.
Indian economy about to take-off
In this extract from Vikram Seth's latest work, Two Lives, he narrates how his dentist-grand-uncle lost his arm
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