A week after the Income Tax Department's much publicised new e-filing portal went live, users continued to face technical glitches ranging from longer than usual logging time, inability to respond to notices and not all features functioning yet, chartered accountants said on Monday. The new portal, "http://www.incometax.gov.in/"www.incometax.gov.in, was launched last Monday (June 7), which the tax department as well as the government said was aimed at making compliance more taxpayer-friendly. But users complained of technical issues facing the site from the very first day and not everything has been fixed even after a week, chartered accountants (CAs) said, adding that taxpayers are unable to view past e-filed returns and many features/ facilities continue to be marked 'coming soon'. Finance Minister Nirmala Sitharaman herself had asked Infosys - the vendor which created the portal - and its Chairman Nandan Nilekani to fix the technical glitches.
We asked you, dear readers to share your best tips on saving money. Dibyendu Kumar Roy, 43, from New Delhi shares his tips.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'In the total of black wealth, only 1% or less than 1% constitute cash.' 'So, even if cash is completely weaned out, it impacts only 1% of the black wealth.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
HNI investors need an optimal mix of oversubscription and listing-day gain to make money on leveraged bets, notes Sanjay Kumar Singh.
These measures are in addition to other proposals made earlier, including regulation of sale and consumption of liquor, free trips to certain religious places like Sabarimala and distribution of one lakh cows every year.
This partnership will allow users to choose from a wide variety of music to add to their social experiences such as videos, stories via music stickers and other creative content.
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
'The bhadralok would have earlier baulked at the very idea of wearing a coloured dhoti; now, with Dr Banerjee wearing, it is quite likely to be the hot fashion item during Durga Puja next year,' says Uttaran Das Gupta.
Stocks of public sector companies, especially the oil refining and marketing companies (OMCs) - Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL) and Indian Oil Corporation Limited (IOC) - logged gains on Tuesday in a weak market. While the Nifty lost nearly 1 per cent in trade on Tuesday, the Nifty CPSE index - a gauge of performance of central public sector enterprises on the National Stock Exchange (NSE) - gained over 3 per cent in intra-day trade. The rally in PSU stocks comes on the back of the BPCL chairman, Arun Kumar Singh suggesting in the company's annual general meeting (AGM) on Monday that the government intends to complete the divestment process in the OMC by March 2022.
Even if the bull run may continue, most experts say some profit booking is called for, points out Sanjay Kumar Singh.
We asked you, dear readers to share your best tips on saving money. This is what S Kumar shared.
To overcome your fear of the property being taken over, draw an ironclad agreement with a good lawyer's help, recommends Sanjay Kumar Singh.
The leaders alleged that those who had no contribution in the freedom struggle wanted to spread fear 'in the name of nationalism', suppress the voice of people and were questioning the legacy of Congress.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
When looking for alternatives, consider several parameters -- your investment horizon and liquidity requirement, post-tax returns, and risk.
Quant funds have a very short track record, and have underperformed so far, reveals Sarbajeet K Sen.
1997: Sukanya Verma offers a recap of its memorable imagery.
A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax administration that include bringing a framework for cryptocurrencies and rationalising the GST rate structure. With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country aspiring to become the world's favourite investment destination. The task ahead is going to be a tough one as the tax department would grapple with taxing cryptocurrencies, rationalising Goods and Services Tax (GST) rates to shore up revenues and post June 2022, the scenario of how the GST revenue plays out for states without the Centre's support of compensation.
She said despite being aware of adverse political consequences, the Congress went ahead and created Telangana, and paid the price in the elections that followed.
The government is exploring legal options, including bringing an Ordinance, to tackle the problem of income-tax litigation on reassessment notices under old, time-barred norms, according to official sources. This has come in the wake of writ petitions filed by companies and individuals in recent weeks to challenge the validity of the notices issued by the tax department between April 1 and June 30 and under the old norms.
Assembly polls in Andhra Pradesh, Sikkim and Odisha will be held simultaneously in the first phase.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
To his die-hard cricket fans, Sachin Tendulkar is 'God', something a tribal village in West Bengal swears by after the Rajya Sabha MP intervened to fund the reconstruction of a 51-year-old neglected school.
In heart-wrenching scenes reminiscent of the aftermath of the 2019 Pulwama terror attack in which 40 CRPF personnel were killed, coffins of soldiers arrived in several states for the last rites with full military honours.
Till now, there was no provision in the Companies Act that allowed a remuneration for the non-executive director if the company was in loss or had inadequate profits. Only the executive director was entitled for a remuneration in the event of a loss.
Though the wily TRS supremo, credited with achieving the separate state of Telangana, stopped short of saying he was about to declare dissolution of the assembly, none doubted its imminence.
'He always seemed one of us, part of the great aspiring middle class -- his values, his simplicity, even the intellectual snobbery which he could barely hide,' observes Mousumi Sengupta.
'The people of Uttar Pradesh have already made up their mind to puncture the Samajwadi Party's cycle, kick away the Bahujan Samaj Party's elephant, and remove shadows of the already-vanished hand of the Congress.'
In the first quarter-final of the day, Germany eked out a narrow 3-1 win over Spain via the shoot-out after both the teams were locked at 2-2 in regulation time. Later, Argentina beat the Netherlands 2-1.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Petrol and diesel prices on Thursday climbed to fresh highs in the country as rates were hiked by the most in recent times, even as fuel retailers said the government can cut taxes to ease consumer burden. Petrol and diesel price was hiked by 35 paise per litre each after a gap of a week, according to price notification of state-owned fuel retailers. The increase took petrol prices to a fresh high of Rs 86.65 a litre in Delhi and to Rs 93.20 in Mumbai.
Corporation Bank is the biggest beneficiary of this round of capital infusion with Rs 9,086 crore of funding, followed by Allahabad Bank with Rs 6,896 crore.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Investing merely on the basis of past return can land you in trouble even in debt funds, a supposedly safe asset class, suggests Sarbajeet K Sen.
Rediff readers share their best travel memories.
Economy has become a major cause of concern for the new government with GDP dropping to 5.8 per cent in the last quarter of the 2018-19.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances