Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions
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.
Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
The Income Tax Department conducted searches at multiple locations in Kolkata, including the residence of TMC MLA Debashis Kumar and Miraj Shah, a proposer of Mamata Banerjee's candidature. The TMC alleges the raids are politically motivated.
With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam Kalirajan explains how
A Delhi court has ordered the confiscation of several properties belonging to UK-based arms consultant Sanjay Bhandari under the Fugitive Economic Offenders Act, following his declaration as a fugitive in a money laundering case.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
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.
Himachal Pradesh DGP Ashok Tiwari has recommended a detailed examination and action against the SDM of Solan for alleged misuse of official position, conflict of interest, and possible involvement in benami transactions related to land deals.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.
This single amendment, unfortunately, overshadows much of the Budget's promise, explains Harsh Roongta.
The Allahabad High Court has quashed a magistrate court's order rejecting a woman's plea for her husband's income and property details in a domestic violence case, ordering a fresh review and emphasising the importance of income disclosure in such cases.
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.
The poll promise is an attempt to woo the middle-class and rich voters in the wake of the party's growing unpopularity.
AIADMK general secretary Edappadi K Palaniswami has announced a series of welfare measures, including free refrigerators for rice ration cardholders, if the party wins the 2026 Assembly election in Tamil Nadu.
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.
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 headquarters of the South Eastern Railway, Calcutta Improvement Trust and Calcutta Telephones in the metropolis have been identified by the Kolkata Municipal Corporation as among the 500 defaulting property tax payers over the past 4 to 5 years.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
TVK chief Vijay, a candidate in the Tamil Nadu Assembly elections, has filed a revised election affidavit disclosing two pending FIRs, addressing discrepancies in his initial filing.
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.
Greater Chennai Corporation said the actor paid Rs 6,56,000 towards property tax for his marriage hall at Kodambakkam. The Rs 6 lakh plus tax for 2020-21 first half year includes 'late pay penalty' of Rs 9,386, the civic body said, adding it was paid by way of a cheque.
Three disappointing experiences with Tata companies made me question whether the group's historic values of customer focus and accountability are slowly fading, notes Dr N Ravichandran.
A Delhi court has convicted two CBI officers for assaulting and trespassing into the residence of an Indian Revenue Service officer during a raid over two decades ago.
The Bill will become a law once the legislative council gives its nod to it, which is expected on Monday. An obvious fallout of the new law would be that it would increase the property tax bill for those who live in the island city and reduce the burden on those who live in the suburbs. However, those whose tenements are less than 500 sq ft will continue to pay the tax at the present rate.
TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.
In response, the New York Stock Exchange-listed firm said it has paid the tax and has sought a meeting with Bruhat Bangalore Mahanagara Palike for a discussion on the issue and has a 'strong enough' case in defence.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
If you live in Delhi, the last date to pay your property tax is October 31.
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.
The Central Information Commission has ordered the disclosure of an investigation into a retired IRS officer's alleged acquisition of assets under different identities and subsequent name change to claim ownership, deeming the case a potentially significant revelation.
Quoting an incorrect PAN during property registration can invite penalties and prosecution.
India is likely to appeal against the decision of a US court upholding imposition of $ 42.4 million property tax on it by the city for using the United Nations Mission's building in New York for residential purposes.India has been arguing that tax cannot be levied as the diplomatic staff, which occupies the 20 floors of building in midtown Manhattan across the United Nations headquarters, is exempt from tax.
Ongoing geopolitical tensions in West Asia have slowed deal momentum in Dubai's luxury residential market, but Indian high-net-worth individuals (HNIs) are not exiting their marquee assets, with any 'discounted' resale deals attributed to investor liquidity stress rather than geopolitical flight.
Maharashtra Government has decided to impose capital value-based system to calculate property tax on buildings, lands, houses and establishments across the state.
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