The Gujarat High Court dismissed a plea filed by journalist Mahesh Langa seeking the quashing of an FIR registered against him for allegedly stealing "highly sensitive and confidential documents" belonging to the Gujarat Maritime Board (GMB). The court found that prima facie, Langa's involvement in the crime was evident from the evidence collected during the investigation. The court further stated that the investigation is at a nascent stage and it would be inappropriate to exercise its inherent powers in favor of the petitioner at this stage.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
'Arbitrage funds make the most sense for those in the 30 per cent tax bracket, are viable for those in the 20 per cent bracket, but less so for those in the 10 per cent bracket.'
The DMK protested in the Lok Sabha after Union Education Minister Dharmendra Pradhan criticized the Tamil Nadu government for refusing to implement the National Education Policy (NEP) and accused them of "politics." Pradhan alleged that the state had initially agreed to the PM SHRI scheme but later backed out. The DMK, however, asserted that they have issues with the NEP and the three-language formula, and cannot accept it in full. The protests disrupted House proceedings, leading to an adjournment. The DMK members were angered by Pradhan's accusations, demanding the release of funds allocated for education in the state.
'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'
'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'The revenue projection arises out of all sectors doing well and the formalisation of the economy helps in making sure the tax domain gets widened.'
'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'
Younger investors with long investment horizons may continue their SIPs.
The upcoming Delhi Assembly elections have turned into a fierce battleground of slogans, one-liners, and AI-generated memes between the three main contenders: AAP, BJP, and Congress. From the AAP branding the BJP as the "Bharatiya Jhootha Party" (Indian Liar Party) to Prime Minister Narendra Modi calling the AAP "AAP-Daa" (disaster), the war of words has taken center stage. With the poll results set to be announced on February 8, the elections are being viewed as a referendum on the AAP's governance model, which emphasizes free welfare schemes. The ruling party faces stiff competition from a resurgent BJP that is seeking to return to power in the capital after a gap of more than 25 years. The Congress, although a long shot, hopes to regain its lost ground.
US President Donald Trump on Thursday addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the US, while threatening them with tariffs if they don't. Addressing the forum's Annual Meeting in Davos through video conferencing, Trump also said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately.
Prime Minister Narendra Modi asserted that his "vocal for local" campaign is bearing fruit as Indian products are going global and making their presence felt across the world. He said that India was becoming the land of infinite innovations, finding affordable solutions and offering them to the world. The prime minister also highlighted the country's rising defense products, electronics, automobile sector, and the success of superfoods, Ayush products, and yoga. He said India should be presented to the world as it is, without any bias. Modi said that the country was now emerging as a manufacturing hub and a "factory of the world." He added that India was creating solutions that were affordable, accessible, and adaptable, and offering them to the world without gatekeeping.
EPS has had its way on most things, alliance-wise. A week earlier, he reiterated that he would not re-admit OPS and Sasikala Natarajan back in the party. It was a message not just to detractors in the AIADMK. It was even more so for the BJP leadership in Delhi. Even more important for the AIADMK was their demand for accepting EPS as the chief ministerial candidate of any alliance that the party would form, observes N Sathiya Moorthy.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'This is also a time when you realise that short-term trading and dabbling in derivatives may result in financial losses.'
We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.
'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
A bench of Justices Sanjiv Khanna and Dipankar Datta, which continued hearing on the Kejriwal's plea challenging his arrest for the consecutive day, posed several queries to Additional Solicitor General S V Raju, appearing for the ED, and sought his reply on Friday.
Of Trump's reciprocal tariffs and trade deals
'Maharashtra is virtually in a debt trap.'
If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.
While one can file an updated return, there are certain caveats, warns rediffGURU Mihir Tanna.
'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.
The party has contested the reassessment proceedings, claiming they were barred by limitation.
Following detailed questioning, journalist Mahesh Langa was arrested by the Crime Branch on Tuesday morning, Deputy Commissioner of Police (Crime) Ajit Rajian said. "The central GST had found some suspicious transactions in bogus firms floated in the name of Mahesh Langa's wife and father using forged documents. Langa has been arrested for further investigation," he said.
Isn't the goal of retirement planning to create a balanced portfolio that aligns with your financial goals, rather than chasing returns blindly, asks Ramalingam Kalirajan
rediffGURU T S Khurana answers readers' personal income tax queries.
Israeli Prime Minister Benjamin Netanyahu struck a defiant tone as he testified in open court for the first time in Tel Aviv in his years-long corruption trial on Sunday.
The BJP coined a new word for AAP, 'Aapda (crisis)', which Modi repeated constantly during the election campaign to show how Delhi residents's lives had become miserable under AAP's 11-year rule.
Ask Tax Gurus Mihir Tanna, Mahesh Padmanabhan and Anil Rego.
On the basis of her committee's report, the UCC in Uttarakhand established mandatory registration for marriages and live-in relationships, banned polygamy, and provided equal inheritance rights for women.
The monthly Rs 2500 payment for poor women is expected to cost Rs 11,000 crore while the pension scheme of Rs 2000 for every senior citizen will cost around Rs 4100 crore. The Yamuna clean up will cost over Rs 10,000 crore while a similar amount is required to upgrade Delhi's hospitals. Ultimately, the new BJP government will have no choice but to ask the centre for financial support, notes Rashme Sehgal.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'Till today, we don't know how many people died of Covid in India.' 'How many migrated from cities to villages during the Covid pandemic?' 'How many corporates contributed to PM Cares?'
Data from Value Research analysed on five-year, three-year and one-year performances of active equity schemes to pick the best performers in popular scheme categories.
The ruling party MLA from Vijayanagara suggested that the election guarantees have made it difficult to provide houses to the poor in the state.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
If you lack an emergency fund or it is depleted, use part of your bonus to build or replenish it.
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