rediffGURU T S Khurana answers readers' personal income tax queries
Delhi Police have arrested two individuals for allegedly defrauding a 25-year-old man of Rs 1.46 lakh through a fake online investment scheme. The accused lured the victim with promises of high returns for completing online tasks.
Indian bank credit expanded by 16.08 per cent year-on-year in FY26, marking its fastest pace since FY24, while deposits grew by 13.47 per cent, according to RBI data. Experts caution that year-end figures may be inflated due to reporting date changes, but acknowledge strong momentum in corporate, MSME, and retail segments.
Lashkar-e-Taiba terrorist Umer Harris, also known as 'Khargosh', is believed to be in Saudi Arabia after escaping India using a forged passport. An investigation into the inter-state LeT terror module has exposed systemic loopholes and raised concerns about passport issuance processes.
The Reserve Bank of India (RBI) has proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced transaction security and clearer rules on refunds and grievance redressal.
Chief Secretary Atal Dulloo announced that the Census 2027 will be a fully digital and paperless exercise, utilising mobile technology, AI, and cloud computing for accuracy and efficiency, marking a shift towards data-driven governance.
Activist Anjali Damania defends her use of AI to analyse call data records of arrested godman Ashok Kharat, amidst opposition scrutiny and allegations of illegal activity.
West Bengal Chief Minister Mamata Banerjee asserted that the TMC will return to power for a fourth term, urging opposition parties to unite against the BJP-led NDA government at the Centre. She criticised the BJP's chargesheet against the TMC and alleged corruption in the Haldia dock complex. Banerjee also questioned Prime Minister Modi's claim of being the BJP candidate in all West Bengal seats.
Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.
'Sometimes it can get a little difficult to assert yourself, whether it's an opinion or your presence. It gets really exhausting.' 'They're still not able to accept that an intelligent woman can also really love wearing red lipstick!'
The ceasefire is still technically holding, to the extent that no overt hostilities have been reported yet, but the rhetoric has hardened dangerously. The week ahead will also clarify whether the Islamabad failure was a negotiating tactic or whether Washington has genuinely locked itself into a position from which the only exits are climb-down, escalation, or the slow bleed of a new status quo that nobody chose and nobody controls. Prem Panicker continues his must read blog on the Iran War.
The Reserve Bank of India (RBI) has projected that crude oil prices will average USD 85 per barrel and the rupee will weaken to 94 against the dollar by FY27, according to its bi-annual Monetary Policy report.
We, Indians, forgot that for Pakistan, Kashmir dispute and blood feud with India is the raison detre for its existence. It is also the excuse with which the Pak army keeps its grip over the state. Peace in Kashmir and between India and Pakistan is against the interests of the Pak army, points out Colonel Anil A Athale (Retd).
Nykaa is reportedly in talks to acquire a majority stake in Deepika Padukone's skincare brand, 82E, following slower-than-expected growth and financial losses. The potential acquisition could provide 82E with access to Nykaa's extensive distribution network and customer base.
What we will not do is discount deeply, neither will we compromise on product substance, says Managing Director and Chief Executive Officer (MD&CEO) Santosh Iyer.
Police in Surat are investigating an alleged interstate hawala-linked political funding network involving Aam Aadmi Party (AAP) functionaries, with Rs 1.25 crore reportedly routed from Delhi to Surat ahead of Gujarat local body polls. The AAP has dismissed the claims as a conspiracy by the ruling BJP.
The TMC has intensified its attack on the BJP, alleging a 'larger conspiracy' involving central agencies ahead of the second phase of West Bengal polls on April 29, while also questioning the credibility of the Election Commission.
Unified Payments Interface (UPI) transactions reached a record high in March, driven by festivities and the financial year closure, according to the National Payments Corporation of India (NPCI).
Two individuals have been arrested in connection with the murder of a man in Mumbai, whose body was then transported to Chiplun for disposal. The investigation was launched after the victim's remains were discovered, leading to the swift apprehension of the suspects.
'Workers are the people who create all the wealth in this country. How can you call them anti-national?'
Retiring at 50 is not unrealistic. It simply requires: Discipline + Long-Term Vision + Compounding
West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.
'The next two to three weeks will not be decided in Washington.' 'They will be decided in Tehran, in whatever calculation Iran makes about the costs of continued resistance against the costs of appearing to have yielded.'
Italy goalkeeper Gianluigi Donnarumma said he was hurt by reports claiming the national team's players had demanded a bonus if they qualified for this year's World Cup.
For India, much is at stake: Crucial energy supplies traversing the Strait of Hormuz, the fate of its 10 million citizens living and working in West Asia -- who send generous remittances home -- and its major trade links with the region.
India's rapidly ageing truck fleet, with 42% of vehicles over 12 years old, is set to trigger a replacement-driven growth of 3-5% annually over the next five years.
Union Home Minister Amit Shah addressed poll rallies in West Bengal, promising jobs for youths and an 'infiltrator-free' state if the BJP wins the assembly elections. He also pledged to restore industrial glory, end syndicate raj, and ensure women's safety.
The core issues to be settled -- access to Hormuz, Israel's aggression in Lebanon, the question of Iran's nuclear programme, sanctions relief and compensation -- are thorny enough to require weeks of patient negotiation. The most likely outcome of the opening sessions is that both sides take the measure of each other, establish what is and is not negotiable, and return home without having broken anything. That would count as progress.
The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.
'Many of the children I work with had never attended school before and had never been given the right environment or opportunity to learn.'
'When education became accessible -- through flexible learning spaces, creative methods and community-based classrooms -- these same children began to thrive.'
'Over time, many who had never stepped into a formal classroom not only entered the education system but continued their studies further, with some going on to university.'
Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.
Afghanistan's anti-doping programme has collapsed since the Taliban's return to power, with no tests conducted for three years and the country's exiled anti-doping chief admitting there is currently 'no hope'. The programme faces numerous challenges, including a lack of Doping Control Officers, logistical issues, and political instability.
Iranian foreign ministry spokesperson Esmaeil Baghaei said that the country has held no "direct" talks with the United States as of now and added that it has received messages through some mediators regarding the US' desire for negotiations.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
TMC leader Abhishek Banerjee has urged Prime Minister Narendra Modi to release pending central dues to West Bengal before professing his love for the state. Banerjee also criticised BJP leaders for their reaction to the 'Jai Bangla' slogan and accused the BJP of failing to act on its promise to develop the Sagar islands.
CAE Simulation Training has launched a new pilot training facility in Mumbai, its fourth in India, to address the increasing demand for skilled pilots in the rapidly growing domestic aviation market.
In the rush to complete tax-saving investments at the end of the financial year, many taxpayers choose instruments that do not match their long-term financial goals.
Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.
Police in Jajpur, Odisha, have arrested five individuals, including a woman and her lover, in connection with the murder of her husband. The investigation revealed a complex web of relationships, leading to a planned execution.
Melania Trump has publicly denied any connection to Jeffrey Epstein, dismissing allegations as false and politically motivated.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances