News for 'Tax dues'

Old Vs New Tax Regime: Make The Right Choice

Old Vs New Tax Regime: Make The Right Choice

Rediff.com28 May 2025

Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.

Developers could buck housing slowdown in Q2

Developers could buck housing slowdown in Q2

Rediff.com22 Oct 2025

Top real estate developers are expected to report improved earnings and resilient presales growth, even as overall housing sales across major Indian cities declined during the July-September quarter (Q2) of 2025-26. The anticipated earnings growth in what is typically a subdued quarter is credited to steady sustenance sales, improved collections, the strong positioning of listed developers, and sustained demand for premium homes.

Tribunal asks Jet to pay Rs 147-cr service tax dues

Tribunal asks Jet to pay Rs 147-cr service tax dues

Rediff.com29 Apr 2014

The tribunal raised tax demand against several airlines, including Jet.

Income tax dues can be paid at RBI offices, 29 banks

Income tax dues can be paid at RBI offices, 29 banks

Rediff.com26 Aug 2014

The Reserve Bank has asked the public to pay their income tax dues well in advance so as to avoid standing in long queues and stated that 29 agency banks are also authorised to accept such payments.

Economists torn between rate cut and pause in next MPC

Economists torn between rate cut and pause in next MPC

Rediff.com31 Oct 2025

While participants in the domestic financial market are expecting a 25 basis-point policy repo rate cut in the December meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), economists remain torn between a reduction in rate cut and a pause.

GST mop-up rises 9% to Rs 1.89 lakh cr in Sep

GST mop-up rises 9% to Rs 1.89 lakh cr in Sep

Rediff.com1 Oct 2025

Gross GST collection rose 9.1 per cent to over Rs 1.89 lakh crore in September on the back of increased sales due to rate rationalisation, as per government data released on Wednesday.

ITR filing deadline extended by a day to Sep 16

ITR filing deadline extended by a day to Sep 16

Rediff.com16 Sep 2025

The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X.

Algo Trading Begins With Stronger Risk Rules

Algo Trading Begins With Stronger Risk Rules

Rediff.com18 Nov 2025

Algo trading should be segregated in a separate account with only risk capital deployed.

Jawahar Lal Nehru Stadium to be revamped as Sports City

Jawahar Lal Nehru Stadium to be revamped as Sports City

Rediff.com10 Nov 2025

The iconic Jawahar Lal Nehru Stadium in New Delhi will be "dismantled" to create a Sports City that will cater to all major disciplines and include lodging facility for athletes.

Badminton braces for crisis due to China's duck decline

Badminton braces for crisis due to China's duck decline

Rediff.com19 Aug 2025

'The supply of feathers has dropped and costs have escalated sharply.'

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

Rediff.com25 Nov 2025

'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.'

Demand recovery to drive gains for Nestle India

Demand recovery to drive gains for Nestle India

Rediff.com27 Oct 2025

Packaged food major Nestle India posted better than expected September quarter results led by strong volume growth across its key segments. While there were margin pressures due to elevated raw material costs, there could be some relief with easing prices in the near term.

Today IS the last day for ITR filing; no extension

Today IS the last day for ITR filing; no extension

Rediff.com15 Sep 2025

The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025.

What Are Narrow Sectoral Funds?

What Are Narrow Sectoral Funds?

Rediff.com13 Nov 2025

'First-time or conservative investors should avoid narrow sectoral funds.'

Check Margins To Choose Right Tax Regime

Check Margins To Choose Right Tax Regime

Rediff.com29 May 2025

Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.

Will The GST Cut Make A Difference?

Will The GST Cut Make A Difference?

Rediff.com22 Sep 2025

These changes certainly bring India's GST a lot closer to what an ideal GST would look like, points out Karan Bhasin.

Vedanta net profit plunges 59% on exceptional losses

Vedanta net profit plunges 59% on exceptional losses

Rediff.com1 Nov 2025

Mining major Vedanta's consolidated net profit plunged 58.69 per cent year-on-year (Y-o-Y) to Rs 1,798 crore in the second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported a net exceptional gain of Rs 1,160 crore in Q2FY25.

Vodafone gets reminder on Rs 11,000 cr tax dues

Vodafone gets reminder on Rs 11,000 cr tax dues

Rediff.com5 Jan 2013

The company says the reminder does not include a deadline for payment.

Post-GST relief, Maruti sees small car sales shooting up

Post-GST relief, Maruti sees small car sales shooting up

Rediff.com15 Oct 2025

'We are seeing a lot of people with helmets visiting our showrooms.'

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

Rediff.com31 Oct 2025

Diversified conglomerate ITC Ltd on Thursday reported a 2.6 per cent year-on-year rise in consolidated net profit to Rs 5,187 crore for the second quarter of the 2025-26 fiscal (FY'26) as compared to Rs 5,054 crore in the same period last year. However, the current quarter's figures exclude the hotels business, which was demerged into ITC Hotels Ltd effective from January 2025 and is no longer part of the company's continuing operations.

Sensex pares gains on profit-booking; ends up 130 pts

Sensex pares gains on profit-booking; ends up 130 pts

Rediff.com23 Oct 2025

From the Sensex firms, Infosys climbed 3.86 per cent. HCL Tech, Tata Consultancy Services, Axis Bank, Kotak Mahindra Bank, Titan and Tech Mahindra were also among the gainers. However, Eternal, UltraTech Cement, Bharti Airtel and Adani Ports were among the laggards.

Competition, store expansion may weigh on Eternal's margins

Competition, store expansion may weigh on Eternal's margins

Rediff.com27 Oct 2025

Growth accelerated for Zomato operator Eternal in the second quarter of financial year 2026 (Q2FY26). Zomato's business to commerce (B2C) operations delivered a strong 57 per cent year-on-year (Y-o-Y) rise in net order value (NOV) to Rs 23,164 crore while consolidated revenue soared 183 per cent Y-o-Y (90 per cent Q-o-Q) to Rs 13,590 crore during the period, with like-for-like (LFL) growth of 65 per cent, and acceleration in the quick commerce (QC) segment, which recorded NOV growth of 137 per cent Y-o-Y (27 per cent Q-o-Q).

Cement firms may report improved Q2

Cement firms may report improved Q2

Rediff.com20 Oct 2025

Top Indian cement firms are expected to report a strong earnings growth for the second quarter of the financial year 2025-26 (Q2FY26) on a year-on-year (Y-o-Y) basis, amid improved realisations, prices, and steady volume growth, but on a low base.

Hotel Industry Faces Crores in GST Demands

Hotel Industry Faces Crores in GST Demands

Rediff.com29 Sep 2025

'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'

Credit quality of companies likely to remain stable in H2

Credit quality of companies likely to remain stable in H2

Rediff.com8 Oct 2025

Credit quality of Indian corporate is expected to be stable in the second half of the current financial year (H2FY26), supported by easing monetary cycle, and declining inflation, coupled with income-tax relief and rationalisation of the goods and service tax (GST) rates, among others.

Competition may keep Colgate under pressure

Competition may keep Colgate under pressure

Rediff.com25 Oct 2025

Colgate-Palmolive India's September quarter (Q2FY26) performance has reinforced concerns among brokerages about the company's continued market challenges.

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Rediff.com18 Nov 2025

If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.

How To Build a Flexible Health Fund

How To Build a Flexible Health Fund

Rediff.com6 Nov 2025

'Having a separate healthcare corpus is extremely important even for those already covered by health insurance.'

Can You Inherit Taxes?

Can You Inherit Taxes?

Rediff.com25 Jun 2024

Not filing an ITR or paying the tax dues on the deceased's behalf can lead to penal consequences.

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Rediff.com18 Oct 2025

Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment.

How GST Rate Cut Will Impact Sectors

How GST Rate Cut Will Impact Sectors

Rediff.com8 Sep 2025

Lower rates effectively increase disposable income, strengthen purchasing capacity, and support broader consumption growth.

Weight Loss Drug Mounjaro Registers Rs 80 Cr Sales

Weight Loss Drug Mounjaro Registers Rs 80 Cr Sales

Rediff.com8 Oct 2025

The bumper rise is due to the rising demand for the drug and patients' gradual shift towards its higher dosage.

Auto Sales May Extend Past Diwali Thanks to GST Cut

Auto Sales May Extend Past Diwali Thanks to GST Cut

Rediff.com16 Oct 2025

The demand for passenger vehicles (PVs) is expected to sustain even beyond the ongoing festival season as a new set of customers, those who gained confidence to buy cars following the recent GST rate cuts, will begin to visit dealerships now, said Shailesh Chandra, president of the Society of Indian Automobile Manufacturers (Siam), on Wednesday.

GST, 'bachat', 'swadeshi' in Modi's address amid Trump threats

GST, 'bachat', 'swadeshi' in Modi's address amid Trump threats

Rediff.com21 Sep 2025

Prime Minister Modi urged the people of the country to take pride in selling and buying indigenous goods.

SC dismisses Essar Oil's plea to extend time to pay tax dues

SC dismisses Essar Oil's plea to extend time to pay tax dues

Rediff.com11 Nov 2013

The bench also rejected the submission of senior advocate Mukul Rohatgi, appearing for Essar Oil Ltd, that the hearing be adjourned for four weeks.

'No Such Thing As Diabetes Reversal'

'No Such Thing As Diabetes Reversal'

Rediff.com14 Nov 2025

'In diabetes remission, you go below a 6.5 HbA1c without medication.' 'And this happens only when you lose 10 to 15 per cent of your body weight with a good amount of lifestyle and dietary changes, exercise and sometimes medication.' 'You have to be able to sustain your HBA1C below 6.5 for at least a year without medication to say that the patient is in remission.'

Tax Tips For NRIs, Retirees And The Salaried

Tax Tips For NRIs, Retirees And The Salaried

Rediff.com28 Apr 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Missed Investing In Gold? Read This

Missed Investing In Gold? Read This

Rediff.com24 Oct 2025

New investors should not allow themselves to fall prey to FOMO and rush headlong into gold.

'Rising loan appeal hits corporate bond market's momentum'

'Rising loan appeal hits corporate bond market's momentum'

Rediff.com30 Oct 2025

India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Rediff.com30 Sep 2025

Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will reduce prospects, particularly in the second half, ADB said on Tuesday.