News for 'Tax questions'

Trump 2.0: Will Bulls Run Amok?

Trump 2.0: Will Bulls Run Amok?

Rediff.com8 Nov 2024

'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'

The Elevance of Kamala Harris

The Elevance of Kamala Harris

Rediff.com2 Nov 2024

Kamala has finessed bubblegum conversation about whether she is Black or Indian. Her Irrelevancing-approach, an Irrelevance-code if you will, is Elevated and Elegant -- this is the Elevance of Kamala! asserts economist Dr Anuradha Luther Maitra.

SC asks govt for records on BBC Gujarat riots documentary ban

SC asks govt for records on BBC Gujarat riots documentary ban

Rediff.com22 Oct 2024

The bench allowed the rejoinder affidavit to be filed by petitioners in two weeks thereafter and posted the matter for final hearing in January, 2025.

Why You Must Review Mid-Year Finances

Why You Must Review Mid-Year Finances

Rediff.com9 Jul 2024

'A mid-year review makes the end-of-year financial review manageable and less stressful.'

ASK MIHIR: 'Can NPS get extra tax benefit for me?'

ASK MIHIR: 'Can NPS get extra tax benefit for me?'

Rediff.com6 Sep 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.

What You Must Know About Your Gratuity

What You Must Know About Your Gratuity

Rediff.com3 Jun 2024

If gratuity is not paid within 30 days of termination, the employer must pay interest as set by the central government.

'I am getting repeated mails from Income Tax department'

'I am getting repeated mails from Income Tax department'

Rediff.com29 Sep 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

3-day survey found many tax-linked irregularities at BBC, says I-T dept

3-day survey found many tax-linked irregularities at BBC, says I-T dept

Rediff.com17 Feb 2023

The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities, the income tax authorities said Friday, a day after they ended a three-day-long survey operation against the British media organisation.

Should you opt for the new tax regime? Read to find out

Should you opt for the new tax regime? Read to find out

Rediff.com1 Feb 2023

A taxpayer whose deductions and exemption claims are less than Rs 3.75 lakh annually would be advised to opt for the new income tax regime and pay less tax than they gave in the old regime, a senior finance ministry officer said on Wednesday. The Income Tax Department has arrived at the figure after making due calculations for ensuring a "hassle-free and less tax rate" filing regime for the assessees, he said. Union Finance Minister Nirmala Sitharaman, while presenting the Budget for 2023-24, said the government has made the new income tax regime more attractive for taxpayers bringing "substantial changes" in its structure for the benefit of the middle class.

Do We Need Atmashakti At Work?

Do We Need Atmashakti At Work?

Rediff.com15 Oct 2024

'Alongside economic growth and the Asian century, stress has become an Asian caravan.' 'But stress doesn't arrive in one's country as invitation to taste exhaustion. It comes dressed as a challenge.' 'Its evangelists ask: Are you man enough to shoulder stress?' points out Shyam G Menon.

With love from govt: Synchronised tax surveys on BBC's Delhi, Mumbai offices

With love from govt: Synchronised tax surveys on BBC's Delhi, Mumbai offices

Rediff.com14 Feb 2023

The surprise action comes weeks after the broadcaster aired a two-part documentary on the 2002 Gujarat riots and India.

How To Calculate Your Retirement Fund: A Step-by-Step Guide

How To Calculate Your Retirement Fund: A Step-by-Step Guide

Rediff.com21 Aug 2024

Are you ready to take control of your financial future? Ramalingam Kalirajan offers a step-by-step guide to calculate exactly how much money you will need when you enter your golden years.

'What's the tax implication of interest earned on 5-yr NSC income?'

'What's the tax implication of interest earned on 5-yr NSC income?'

Rediff.com18 Oct 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

No tax on income up to Rs 7 lakh, surcharge cut to 25%

No tax on income up to Rs 7 lakh, surcharge cut to 25%

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman in her fifth Union Budget made five major announcements for the income tax assesse. She announced no changes in the old tax regime and confined her relief measures to the new tax regime. There have been no changes under the old tax regime.

ASK ANIL: 'Can I re-invest MF gains to save tax?'

ASK ANIL: 'Can I re-invest MF gains to save tax?'

Rediff.com12 Sep 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

'Profits from trading options: Which ITR to file?'

'Profits from trading options: Which ITR to file?'

Rediff.com10 Apr 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries.

Is This A Good Time To Buy A House?

Is This A Good Time To Buy A House?

Rediff.com23 Sep 2024

Experts say you should be certain of living in a city and locality for a long time before purchasing a home.

Investing in IPOs? Read this

Investing in IPOs? Read this

Rediff.com18 Sep 2024

IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

Rediff.com31 Aug 2024

The government is planning to introduce legislative changes to the Foreign Exchange Management Act (Fema) regulations, with a focus on easing the pathway for inflows from a foreign portfolio investor to transition seamlessly into foreign direct investments (FDI) once the FPI surpasses the 10 per cent ownership threshold in a company. This move stems from multiple requests by foreign investors seeking to streamline the reporting requirements that arise when their stakes in Indian firms cross the 10 per cent mark.

Okay To Live Apart When You're Married?

Okay To Live Apart When You're Married?

Rediff.com13 Sep 2024

While it's important to work towards saving your marriage, you must also be willing to accept that the outcome may not be what you hope for, says Dr Ashish Sehgal.

Tax survey at BBC offices: UK govt 'closely monitoring' situation

Tax survey at BBC offices: UK govt 'closely monitoring' situation

Rediff.com15 Feb 2023

While there has been no official statement related to the action, British government sources said they are 'closely monitoring reports of tax surveys conducted at the offices of the BBC in India'.

Karnataka Congress chief DK Shivakumar questioned by ED in National Herald case

Karnataka Congress chief DK Shivakumar questioned by ED in National Herald case

Rediff.com7 Oct 2022

The Enforcement Directorate on Friday questioned Karnataka Congress president D K Shivakumar in the National Herald money laundering case, officials said.

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

Will Japan Instability Derail India Ties?

Will Japan Instability Derail India Ties?

Rediff.com8 Nov 2024

There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.

Chai, biscuits on me: Rahul claims ED raid being planned against him

Chai, biscuits on me: Rahul claims ED raid being planned against him

Rediff.com2 Aug 2024

Gandhi said he was "waiting with open arms".

'Why should my wife pay Rs 5,000 tax for no mistake of hers?'

'Why should my wife pay Rs 5,000 tax for no mistake of hers?'

Rediff.com20 Oct 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.

Social Stock Exchange: Tax benefits among industry's top demands

Social Stock Exchange: Tax benefits among industry's top demands

Rediff.com23 Aug 2023

In an effort to attract investors to the Social Stock Exchange (SSE), the bourses have reached out to the Securities and Exchange Board of India (Sebi) and the government with the industry's demand for additional benefits on contributions made towards social enterprises through the platform. SSE is a regulated platform to facilitate organisations working towards social causes to raise funds and have access to higher capital through the bourses. The platform is aimed at becoming a meeting ground for donors and social enterprises.

HC rejects Gandhis' plea against tax assessment transfer in case linked to arms dealer

HC rejects Gandhis' plea against tax assessment transfer in case linked to arms dealer

Rediff.com26 May 2023

The Delhi high court on Friday dismissed petitions by Congress leaders Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra against the income tax department's decision to transfer their assessments to the Central Circle, which is mandated to check tax evasion, instead of an ordinary assessment in a matter related to fugitive arms dealer Sanjay Bhandari.

Treasury gains help ICICI Bank post 10% rise in Q1 profit

Treasury gains help ICICI Bank post 10% rise in Q1 profit

Rediff.com27 Jul 2024

Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Growth in the core income slowed for the country's second largest private sector lender, but the treasury operations helped it report a 14.62 per cent rise in its post-tax profit at Rs 11,059 crore on a standalone basis. The core net interest income (NII) growth came at a multi quarter low of 7.3 per cent to Rs 19,553 crore for the reporting quarter.

Want To Invest In FD? Read This

Want To Invest In FD? Read This

Rediff.com23 May 2024

Do not keep a large portion of your long-term portfolio in FDs.

Ask Tax Guru: Your IT Queries Answered

Ask Tax Guru: Your IT Queries Answered

Rediff.com18 Apr 2022

Amit Gupta, MD, Sag Infotech, answers your personal income tax queries.

Tax Torture And Taxtortion

Tax Torture And Taxtortion

Rediff.com2 Feb 2022

The tax department will remain a source of endless nightmares for citizens and 'transparent taxation' will remain an empty slogan and a cruel joke, observes Debashis Basu.

Should You Go For Ulips?

Should You Go For Ulips?

Rediff.com28 Jun 2024

'If you are investing in a Ulip for returns, go for a type I Ulip.' 'If you are investing for insurance cover as well, type II is better.'

How To Invest Globally?

How To Invest Globally?

Rediff.com29 Apr 2024

'Investing abroad helps mitigate currency risk for foreign-currency denominated goals, such as children's higher education and international travel.'

What Is A Retirement Fund?

What Is A Retirement Fund?

Rediff.com20 May 2024

A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.

45 bills passed in Lok Sabha same day they were introduced: Report

45 bills passed in Lok Sabha same day they were introduced: Report

Rediff.com27 Mar 2024

Among parties, the NCP stood out with five of its MPs raising an average of 410 questions each. On the other hand, two Apna Dal (Soneylal) raised only five questions each on average.

I-T has withdrawn Rs 65 cr from our bank accounts, claims Cong

I-T has withdrawn Rs 65 cr from our bank accounts, claims Cong

Rediff.com21 Feb 2024

Party treasurer Ajay Maken has claimed that "democracy will be over if the action of probe agencies goes unchecked" and said the Congress has full faith in the judiciary.

Cong questions timing of corporate tax cuts, links it with Modi's US visit

Cong questions timing of corporate tax cuts, links it with Modi's US visit

Rediff.com20 Sep 2019

The opposition party also claimed that the Modi 2.0 dispensation has turned out to be an "economic and political disaster" and "constant rollbacks" of economic decisions will lead to worsening of the economic situation.

'Can I buy capital gain bond to get tax rebate?'

'Can I buy capital gain bond to get tax rebate?'

Rediff.com20 Sep 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, a chartered accountants firm that offers consultancy, audit and tax services, will answer your queries.

'Just to malign govt': Maha CM reacts to Badlapur protests

'Just to malign govt': Maha CM reacts to Badlapur protests

Rediff.com21 Aug 2024

Maharashtra Chief Minister Eknath Shinde on Wednesday claimed that the protest at Badlapur in Thane district over the alleged sexual abuse of two kindergarten girls was politically motivated and aimed at maligning the state government.