InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand. The company's profit after tax in the three months ended March 2025 jumped 62 per cent from Rs 1,894.8 crore in the year-ago period.
A higher TER means a larger portion of the return goes to the AMC, leaving less for the investor, unless compensated by higher returns.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
One should avoid keeping excessive funds in one's savings account.
Vanuatu offers citizenship to people who are willing to invest $150,000 in the country.
The revised guidelines are aimed at curbing discretionary practices by field officers, especially the tendency to seek documents not mandated under the law.
Targets should avoid panicking and hang up. 'Disconnecting stops the scammers from building psychological pressure.'
Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan.
The disbursement of the second tranche comes on a day when the International Monetary Fund is holding virtual discussions on Pakistan's upcoming budget, as the visit of its mission to Islamabad was delayed due to security concerns in the region.
There's no change in Apple Inc's India strategy, said a top government source. 'It can only be enhanced'.
The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.
rediffGURU T S Khurana answers readers' personal income tax queries.
The Enforcement Directorate on Friday detained Bahubali Shah, one of the owners of the leading Gujarati newspaper Gujarat Samachar, following a raid on their premises in Ahmedabad, sources said.
'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'
Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.
All that you must know about the pros and cons of gift deeds, tax implications, essentials, documents required, conditions, etc...
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'...the auto industry to get back to 7% to 8% annual growth.' 'High growth in the SUV segment alone will not achieve this, as it is a small market.'
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan
Ritika Gupta, a study abroad expert and founder of Aaera Consultants, explains how Germany's new visa rules will affect international students and working professionals.
Taxpayers seeking to save tax from the sale of gold (including inherited) should reinvest the capital gains in residential property to avail of the benefit provided by Section 54F.
Some of his directives had the Supreme Court judges disclose their assets whereas the row over the discovery of cash from a sitting judge's official residence paved way for inquiry.
The India Today report claimed that Jaiswal's relationship with Mumbai Captain Ajinkya Rahane had become 'untenable'.
ELSS investments require a long-term commitment of at least seven years.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'Once filed, it cannot be revised or rectified.'
'So, they have taken away the word Waqf from the Bill.' 'It will now be known as the UMEED Act.'
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.
rediffGURU T S Khurana answers readers' personal income tax queries.
Taxpayers with old, outstanding taxes will benefit from the CBDT's new scheme.
The Delhi high court on Thursday rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it for a period of four years by tax authorities.
What many don't realise is that including their spouse and children in their tax planning can enable them to reduce their tax burden legally.
An individual can avail tax deduction on the amount spent during the year on a deferred annuity for self, spouse, or child.