BJP heavyweights Smriti Irani, Arjun Munda, Ajay Mishra Teni and Kailash Chaudhary were among the 13 Union ministers who tasted defeat in the 2024 Lok Sabha elections, as stunning losses in three Hindi heartland states forced the BJP to rely on allies to form the government.
It appears that the party has some kind of political death wish, observe Sunil Gatade and Venkatesh Kesari.
'I want to thank Sonia ji also. Parties with different ideologies have come together...those who were friends for 30 years, did not trust us. But those against whom we fought for 30 years have trusted me,' Thackeray said.
'The 2024 election results will lead to much intense targeting of Modi, more intense debates, many more breakdowns in Parliament and many more movements on the streets.' 'The results have hit Modi's standing, and the politics of the Opposition parties will be sharply focused to ensure that Modi doesn't get back his charisma of being 'invincible' with help of State power.' Sheela Bhatt looks at the political situation through the prism of 2024 Lok Sabha election results.
Seeking a third straight term, Modi is not just looking to stamp his electoral dominance on India but also chasing history with another consecutive victory equalling first prime minister Jawaharlal Nehru's record.
However, you need to prove that the money was inherited.
Nirmala Sitharaman on Wednesday assumed charge as the Finance and Corporate Affairs Minister for the second consecutive term and is slated to soon present the final Budget for FY '25 that is going to set the tone for the Modi 3.0 government's priorities and direction for Viksit Bharat. Upon her reaching the North Block office, Sitharaman was greeted by Finance Secretary T V Somanathan and other top officials. Minister of State for Finance Pankaj Chaudhary was also present. Chaudhary assumed charge on Tuesday evening.
The Congress is hopeful of soon finalising the Lok Sabha poll seat-sharing arrangements with the Indian National Developmental Inclusive Alliance (INDIA) allies Aam Aadmi Party and Trinamool Congress, sources said on Friday, days after the principal opposition party arrived at an understanding with the Samajwadi Party in Uttar Pradesh.
Sources close to her said she would be staying for a few days in her Gurugram penthouse before shifting to central Delhi, where she has finalised a house.
Direct tax expert Vikas M Gandhi offers some valuable tax-saving tips.
'Union Budgets are often used as political instruments and that was the intention of this government too.' 'But while the exercise has settled two fronts, it has left open several others and this has the potential to aggravate with time,' predicts Nilanjan Mukhopadhyay.
Mayawati said the "chaiwala" prime minister has now turned "chowkidar" and this shows the "change" India witnessed under this government.
"I am putting efforts to get the Opposition together. I am not in the race to become the prime minister as I am not contesting the next (Lok Sabha) election," he told reporters.
Gandhi visited a Post-Graduate Men's Hostel of the university on Friday, interacted with some students and had lunch with them.
In an hour-long chat on Thursday, direct tax expert Vikas M Gandhi offered some valuable tips on how to save tax.
Direct tax expert Vikas M Gandhi offers some valuable tax tips.
Direct tax expert Vikas Gandhi offers some valuable tips on investments.
Direct tax expert Vikas M Gandhi offers some valuable tips.
Direct tax expert Vikas M Gandhi replies to readers' queries on tax and investments.
Direct tax expert Vikas M Gandhi offered some valuable tips on tax planning.
'Modi is not assuring the nation that if he gets back to power in 2024 and remains in power till 2029, he will not change the Constitution.'
The criteria for filing returns when you possess phone or house previously existed. However, there is no such requirement now. Irrespective of what you own, you are required to file return only if your total income exceeds the exemption limit, says tax expert Vikas Gandhi.
If you have one and attach digital signature while e-filing, there is no need to submit a hard copy. However if you file without a digital signature, then you will have to submit a hard copy of ITR-V (generated on the e-filing) within 15 days of e-filing, says Vikas Gandhi
As per the IT rules, all proofs establishing your income or expense or deductions have to be maintained for seven years from the end of the financial year it relates, says direct tax expert Vikas Gandhi.
You can still file your return for last year. However, since you are filing late, interest on refund will be given from date of filing of return and not from 01/04/2007. If you are filing returns for the first time, you can file return in the city where you are currently residing, says tax expert Vikas Gandhi.
It is your obligation to file your income tax return. Although your employer is not providing you Form-16 it would be advisable for your file your return. While doing so just mention TAN of your employer to ensure that you get credit for the tax deducted frrom your salary income, says direct tax expert Vikas Gandhi.
Modi believes that the Congress leadership does not have the political sagacity to undertake a course correction because of its preoccupation about not losing its current gains in the voter base, observes Shekhar Iyer.
If you have traded in shares, your income will be considered as business income. Hence you will have to prerpare a profit and loss account, similar to that prepared by a trader and cliam all the expenses that you incurred for purchase and sale of shares. However while doing keep in mind that you will not be able to claim Securities Transaction Tax (STT) as expenses from the income, says direct tax expert Vikas Gandhi.
Occasional lovers' tiffs have marked the history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power, points out Shekhar Gupta.
You cannot get any benefit u/s 80C for fees paid for your own studies. this deduciton is available only when tuition fees is paid for your children, says direct tax expert Vikas Gandhi.
To pay tax on capital gains, you first need to know whether the gain is short term or long term. If you have kept shares for more than one year the gain will be termed as long term otherwise short term, says direct tax expert Vikas Gandhi.
'Besides Ayodhya, the BJP lost in nine other constituencies with a Ramayana imprint; it tasted success only in Thrissur.' 'In Rameswaram, K Navaskani of the Indian Union Muslim League won with a 44% voteshare in a 84% Hindu constituency.' 'In the 21 seats in the Ayodhya and Varanasi regions, both crucial to the Hindutva project, the BJP won just 7.' 'It won just 3 out of 12 seats around Modi's constituency,' points out Krishna Prasad.
Interest paid on loan on mortage of house will not bring the same tax deduction as from rental income, says direct tax expert Vikas Gandhi.
For claiming exemption from HRA, you need to provide rent receipt or rent agreement to your employer, based on which your employer will calcuate the exemption and deduct TDS accordingly from your salary, says tax expert Vikas Gandhi.
The Shiv Sena (Uddhav Balasaheb Thackeray) on Monday said Congress leader Rahul Gandhi's attack on freedom fighter V D Savarkar will lead to ebbing of sympathy he has gained due to his disqualification as Lok Sabha MP.
The opposition's Maha Vikas Aghadi (MVA) coalition in Maharashtra on Tuesday announced its seat-sharing arrangement for the upcoming Lok Sabha elections with the Shiv Sena-Uddhav Balasaheb Thackeray securing a substantial portion with 21 seats, while the Congress will contest 17 seats, and the Nationalist Congress Party-Sharadchandra Pawar 10 seats.
In case of a physically handicapped person, he gets a threshold deduction of Rs 50,000 from the taxable income. Further if such disability is more than 80%, the limit of Rs 50,000 increase to Rs 75,000. Thus in your case you will be starting paying tax only when your income exceeds Rs 1,60,000.
Transfer of money from one bank to another will not amount to income and hence the same will not be taxable.
For being eligible for tax benefit, the minimum period of fixed deposit has to be of 5 years. Since the period you have mentioned is 4 years, you won't be eligible for the tax benefit u/s 80C.
Wealth tax is exempt upto Rs.1500000/-. Any excess wealth will attract tax at the rate of 1 per cent of the net wealth. This rate is irrespective of the slab rate of income tax in which you fall, says tax expert Vikas Gandhi.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances