Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.
Following the return of senior Uttar Pradesh minister Azam Khan's stolen buffaloes, Rediff.com's Uttam Ghosh offers his perspective.
From the 30-share Sensex pack, Adani Ports surged 6 per cent. NTPC, HDFC Bank, Bajaj Finance, Maruti and Axis Bank were among the other gainers. In contrast, Titan, State Bank of India, Asian Paints, Tata Consultancy Services, HCL Tech, Sun Pharma, IndusInd Bank and ICICI Bank were among the laggards.
Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India.
Uttam Ghosh/Rediff.com offers his unique perspective on the media overkill around the Sheena Bora case.
India and China have announced a series of measures aimed at improving their relationship, including maintaining peace along the border, reopening border trade, and resuming direct flights.
Stock market participants would track global trends and foreign investors' trading activity in a holiday-shortened week ahead, amid lack of any major domestic trigger in sight, analysts said. Equity markets will remain closed on Wednesday for Christmas.
With the BJP expected to win about 100 seats -- just eight more than a simple majority in the 182-member Gujarat assembly and a steep decline from its 2012 tally of 115 seats -- Uttam Ghosh wonders whatever happened to Narendra D Modi and Amit A Shah's loud boast of winning 150 plus seats in the 2017 election?
Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts.
Housing sales are estimated to decline 23 per cent annually to nearly 1.06 lakh units during January-March across nine major cities on subdued demand due to high prices and concern over economic growth, according to PropEquity.
Uttam Ghosh offers his take on the strange decision to not allow Question Hour in Parliament at a time when the government has forced lakhs of students to answer questions in the JEE and NEET exams, citing no danger from the coronavirus.
rediffGURU Ravi Mittal, CEO, Quack Quack, a dating website, explains how to deal with conflicting emotions and respect boundaries so that you can avoid complications and maintain mutual respect.
rediffGURU T S Khurana answers readers' personal income tax queries
India Ratings on Thursday said that any broad-based or strong recovery in corporate capital expenditure was unlikely in the upcoming financial year 2026 (FY26) due to uncertainty of domestic and external demand. The uncertainty is adversely affecting the overall corporate sector capex. Interest rates on credit are not the primary deterrent to decisions about capital expenditure, said Soumyajit Niyogi, director, core analytical group, Ind-Ra, in a webinar on the credit market outlook.
In a twist in the family feud, Abhishek Lodha-run Macrotech Developers on Wednesday alleged younger brother Abhinandan's firm fabricated documents to misuse the company's brand name to further its business interests.
Inflows into sector and thematic (S&T) funds fell sharply from around 5,711.6 crore in February 2025 to about 170.1 crore in March 2025 - a decline of 97 per cent. With many such funds underperforming, investors need to assess whether to remain invested or exit.
'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'
According to Tirupati district superintendent of police L Subbarayudu, Nagaraju (24), who is the victim's maternal uncle, lured the girl to a secluded place in AM Puram village by offering her snacks on Friday evening and committed the crime.
As Trade Minister Anand Sharma resists the WTO's attempts to nix India's food security initiative, Rediff.com's Uttam Ghosh offers his perspective.
Uttam Ghosh/Rediff.com offers his take on the split between the Bharatiya Janata Party and the Shiv Sena.
Borrowers should consider switching from an MCLR-linked to a repo rate-linked loan.
Capital value appreciation outpaced rental value growth in several key micro-markets between 2021 and 2024, with Noida Sector 150 in the National Capital Region (NCR) leading the pack with a 128 per cent rise in capital values compared to rental value growth of just 66 per cent, according to a report by property consulting firm Anarock.
AUM heavyweights SBI, HDFC and ICICI Pru flex muscle, adding Rs 2 trillion+ each.
The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25 period, according to rating agency India Ratings. This would be against the backdrop of sharp moderation in the incremental loan deposit ratio (LDR) of the Indian banking system to 85 per cent in February 2025 from 117-118 per cent in the same month of 2024.
Uttam Ghosh compares the two events -- the labour ministry's ignorance and a young intellectual's incarceration -- and is mystified as many Indians are by what occurred.
Call it bad luck or sheer irony, Ravindra Jadeja was part of three Indian Premier League franchises that were mired in controversy. Uttam Ghosh/Rediff.com looks at the lighter side of things
Uttam Ghosh/Rediff.com offers his unique perspective on the Patel agitation and the reservation issue.
Who will win the ugly war within the Samajwadi Party's ruling family? Who will emerge victorious in the unlikely battle at Bombay House, the Tatas HQ?
After the success of bringing businesses to WhatsApp, Meta - its parent - is now introducing ads and subscriptions to Status and Channels under the Updates tab of the messaging app, the company said on Monday. This move will further push its monetisation efforts on WhatsApp.
The share of investments held by the top 10 investors across smallcap mutual fund schemes has been on a decline, falling to a 14-month low in March 2025, shows an analysis of data from the Association of Mutual Funds in India (Amfi). The median smallcap scheme has 2.03 per cent of its investments coming from the top 10 investors, compared to 2.43 per cent a year ago.
Australia on Wednesday unveiled an ambitious roadmap to deepen and diversify its trade and investment ties with India. The roadmap identified four "superhighways of growth" -- clean energy, education and skills, agribusiness, and tourism. Broadly, it sets out a pathway to focus ongoing efforts, including to boost two-way investment, and work with Indian-Australian communities and businesses.
India finalised a free trade agreement with the UK, its 16th so far as the country aimed at boosting bilateral trade and investments. The other regions and countries with which India has signed such agreements include the four-nation European bloc EFTA, Japan, Korea and Australia.
India's Venture Capital (VC) ecosystem exhibited robust growth in 2024, with funding surging 43 per cent year-on-year to $13.7 billion, according to a report. This recovery was fuelled by a 45 per cent rise in deal activity, with 1,270 transactions recorded, reinforcing India's position as the second largest market for venture capital and growth funding in the Asia-Pacific region, the report by Bain & Company and IVCA said.
Despite sharp interest rate cuts expected in this financial year amid easy liquidity conditions, state-run banks are treading cautiously on their loan growth projections for FY26. Most large banks are projecting loan growth at 11-13 per cent, almost similar to the previous financial year.
The number of digital financial frauds rose more than four times in FY24 year-on-year to comprise 80 per cent of all financial frauds.
State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India. The Reserve Bank on Wednesday came out with the list of D-SIBs.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
Foreign portfolio investors (FPIs) have invested Rs 25,300 crore through the anchor book for IPOs in 2024, surpassing the Rs 20,351 crore invested by domestic mutual funds (MFs). FPIs accounted for 46.6 per cent of shares sold in the anchor category, the highest share since 2021, according to PRIME Database.
In an eventful week ahead, stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said. Investors fear that a full-blown trade war will impact global trade and economic growth, according to market experts.