News for 'audit report'

Jameel Khan: 'I Turned Down Gullak Because...'

Jameel Khan: 'I Turned Down Gullak Because...'

Rediff.com8 Jun 2026

'The role was of a father, which was a bit unflattering. I thought I would get typecast with this show.' 'Today, after doing five seasons, I feel extremely lucky that I did it.'

GST 2.0 guidelines fail to resolve refund delays for large taxpayers

GST 2.0 guidelines fail to resolve refund delays for large taxpayers

Rediff.com3 Jun 2026

Despite the Centre's GST 2.0 guidelines aiming to facilitate provisional refunds within seven days for low-risk cases, many large taxpayers are still encountering significant delays in obtaining Goods and Services Tax (GST) refunds under the inverted duty structure (IDS), with experts citing inconsistent state-level scrutiny and subjective interpretations.

e-filing reports: Tax audit report mandatory?

e-filing reports: Tax audit report mandatory?

Rediff.com12 Jun 2009

This follows a recommendation by the Income Tax department after the Satyam accounting fraud issue broke in January following founder Ramalinga Raju's confession. I-T officials said since the returns were e-filed, there was no provision to check whether or not the tax audit reports were certified by the chartered accountant.

'Op Tiger' successful, declares Fadnavis; breaking news soon, says Shinde

'Op Tiger' successful, declares Fadnavis; breaking news soon, says Shinde

Rediff.com21 Jun 2026

Amid the buzz over a split in the ranks of Lok Sabha MPs of Shiv Sena-Uddhav Balasaheb Thackeray through "Operation Tiger", Maharashtra Chief Minister Devendra Fadnavis on Sunday said the "operation" has been successful. His deputy and Shiv Sena president Eknath Shinde said he never leaves an operation incomplete.

Purav Raja Demands Accountability In Indian Tennis Administration

Purav Raja Demands Accountability In Indian Tennis Administration

Rediff.com28 May 2026

Former India doubles player Purav Raja has called for a complete clean-up of Indian tennis administration, emphasising the need for accountability and transparency at all levels. He also questioned the eligibility of some office-bearers in the 2024 elections.

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Rediff.com18 Jun 2026

The internecine war within the Trinamool Congress took a new turn on Thursday with "party treasurer" Aroop Biswas writing to a bank seeking restrictions on the operation of the party's accounts, citing uncertainty over its legitimate leadership amid rebellions by MLAs and MPs.

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

Rediff.com1 Jun 2026

ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.

Right to trauma care integral part of right to life: SC

Right to trauma care integral part of right to life: SC

Rediff.com28 May 2026

The Supreme Court of India has directed all states and Union territories to operationalise a single helpline number '112' for emergency responses and establish a functional good samaritan grievance redressal system within three months, emphasising that the right to trauma care is an integral part of the right to life.

Rajesh Exports dismisses 'speculative' claims of inflated revenue, LIC share placement

Rajesh Exports dismisses 'speculative' claims of inflated revenue, LIC share placement

Rediff.com5 Jun 2026

Rajesh Exports has vehemently denied allegations of inflated revenues and preferential share placement to LIC, labelling them 'speculative inferences' and affirming its commitment to addressing concerns raised by Sebi.

Delhi blaze brings ignored HC warning back in focus

Delhi blaze brings ignored HC warning back in focus

Rediff.com3 Jun 2026

Nearly five months before a hotel fire in south Delhi killed at least 21 people, the Delhi high court had directed authorities to formulate an action plan to strengthen fire safety norms in hospitality establishments.

SC Sets Boundaries for Court AI

SC Sets Boundaries for Court AI

Rediff.com5 Jun 2026

If AI-generated material is found to be 'false, fabricated, misleading or inaccurate', the person filing it will be accountable and cannot cite the AI-generated nature of the material as a defence.

PBKS pacer Vyshak on what makes Shreyas a standout captain

PBKS pacer Vyshak on what makes Shreyas a standout captain

Rediff.com19 Jun 2026

Pacer Vijaykumar Vyshak who played under Shreyas Iyer's captaincy at Punjab Kings in the IPL, said that the skipper is understanding of young players and knows how to handle his team with maturity.

New TN cabinet vows break from Dravidian-era governance

New TN cabinet vows break from Dravidian-era governance

Rediff.com10 May 2026

Following the swearing-in of C Joseph Vijay as Tamil Nadu's chief minister, the new cabinet has pledged a 'white paper' audit of all state departments and a 'zero-interference' policy in administration, signalling a significant shift in governance.

'Education Minister Must Resign'

'Education Minister Must Resign'

Rediff.com2 Jun 2026

'The software vendor had a black mark against him and yet they went ahead with him. Why was this company shortlisted? Who is responsible for signing off this software?'

Maha govt buys Mumbai's iconic Air India building for Rs 1,601cr

Maha govt buys Mumbai's iconic Air India building for Rs 1,601cr

Rediff.com3 Jun 2026

The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.

Fintechs Seek Safe Harbour Shield

Fintechs Seek Safe Harbour Shield

Rediff.com5 Jun 2026

'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'

Unsafe guest houses under lens after Malviya Nagar hotel fire claims 21 lives

Unsafe guest houses under lens after Malviya Nagar hotel fire claims 21 lives

Rediff.com4 Jun 2026

A fatal fire at a bed-and-breakfast in Malviya Nagar, Delhi, has revealed widespread allegations of safety and building norm violations in numerous local establishments. Locals and guests claim many guest houses operate illegally, exceeding licensed capacities and using unsafe basement accommodations, prompting calls for comprehensive safety audits and stricter enforcement.

India Calls For Stronger Accountability In Rapid Urban Transformation

India Calls For Stronger Accountability In Rapid Urban Transformation

Rediff.com7 May 2026

Comptroller and Auditor General of India K Sanjay Murthy highlighted the need for stronger accountability systems to support India's urban transformation and sustainable mobility push at the BRICS Supreme Audit Institutions Leaders' Summit in Bengaluru.

SC releases draft regulations on use of AI in courts

SC releases draft regulations on use of AI in courts

Rediff.com4 Jun 2026

The draft regulations for use of AI in courts 'shall apply to the use, deployment, or integration of AI in any judicial, adjudicatory or administrative function of the Supreme Court of India, high courts, and all courts including the Tribunals and statutory Commissions performing adjudicatory functions, within the territory of India'.

Equestrian Federation Governance Reforms Face Lengthy Delays

Equestrian Federation Governance Reforms Face Lengthy Delays

Rediff.com21 May 2026

The Ad-Hoc Committee appointed to run the Equestrian Federation of India (EFI) has informed the Delhi High Court that governance reforms and elections may take longer than initially planned. The committee cited statutory requirements under the new sports law and delays in gaining full control of the federation as reasons for the extended timeline.

New ITR Rules Taxpayers Must Know About

New ITR Rules Taxpayers Must Know About

Rediff.com2 Jun 2026

"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."

Maha: Firefighter, guard killed in Thane vegetable market blaze

Maha: Firefighter, guard killed in Thane vegetable market blaze

Rediff.com21 May 2026

A firefighter and a security guard died, and two firefighters were injured, in a major fire at a vegetable market near Thane railway station. The blaze destroyed 155 stalls, prompting investigations and financial aid for victims' families.

Sebi May Allow Salary In MFs

Sebi May Allow Salary In MFs

Rediff.com21 May 2026

Investments under the framework would remain voluntary for employees.

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rediff.com4 Jun 2026

Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.

'There's A Lot Of Rejection'

'There's A Lot Of Rejection'

Rediff.com26 May 2026

'You constantly have to prove yourself, improve yourself, and stay mentally strong.'

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Rediff.com20 Apr 2026

A special audit by the Comptroller and Auditor General (CAG) has revealed that Odisha's forest and environment department sidestepped central guidelines, procuring and customising Mahindra Thar SUVs worth 17 crore from the State Disaster Response Fund (SDRF) for forest protection, despite the funds being earmarked for 'preparedness and capacity building'.

Bombay HC Shocked By Demolition Of Ambedkar's Printing Press

Bombay HC Shocked By Demolition Of Ambedkar's Printing Press

Rediff.com11 May 2026

The Bombay High Court has expressed shock over the demolition of a printing press set up by Dr B R Ambedkar in Mumbai in 2016 and has criticised the city police for their inaction despite complaints.

Rs 10 Crore Money Trail Uncovered In Jharkhand Treasury Scam

Rs 10 Crore Money Trail Uncovered In Jharkhand Treasury Scam

Rediff.com1 May 2026

The Jharkhand Criminal Investigation Department (CID) has uncovered a money trail of Rs 10 crore related to the Bokaro treasury scam, freezing several fixed deposits and arresting multiple individuals, including police personnel and an accountant.

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com6 May 2026

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board

Government okays Rs 10,000 cr jet fuel fund for airlines

Government okays Rs 10,000 cr jet fuel fund for airlines

Rediff.com4 Jun 2026

The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.

Jaipur Farmers Summoned In Land Fraud Investigation

Jaipur Farmers Summoned In Land Fraud Investigation

Rediff.com31 May 2026

The Enforcement Directorate has summoned several farmers in Jaipur as part of an investigation into alleged money laundering and fraudulent land aggregation involving real estate developers.

Income Tax Department Enables Online Filing of ITR-1 and ITR-4 for AY 2026-27

Income Tax Department Enables Online Filing of ITR-1 and ITR-4 for AY 2026-27

Rediff.com15 May 2026

The Income Tax department has enabled online filing for ITR-1 (Sahaj) and ITR-4 (Sugam) for the Assessment Year 2026-27, allowing small and medium taxpayers to file returns for income earned in the 2025-26 fiscal year.

Centre notifies draft rules for VB-G RAM G rollout

Centre notifies draft rules for VB-G RAM G rollout

Rediff.com23 May 2026

The Centre has notified draft rules for the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, outlining the framework for the new rural employment programme replacing MGNREGA. The draft rules are open for public feedback until June 21, 2026.

The Rediff Podcast: Candice Pinto Spills The Truth About Modelling

The Rediff Podcast: Candice Pinto Spills The Truth About Modelling

Rediff.com21 May 2026

In an industry that thrives on reinvention, Candice Pinto has remained one of the few constants on the Indian runway.

Dhurandhar's Bade Sahab On Playing Dawood Ibrahim

Dhurandhar's Bade Sahab On Playing Dawood Ibrahim

Rediff.com15 May 2026

'If you're so sick, so ill, how will you show that power?'

Belagavi Firm Owner Arrested Over Investment Fraud Allegations

Belagavi Firm Owner Arrested Over Investment Fraud Allegations

Rediff.com16 May 2026

The owner of Shivam Associates in Belagavi has been arrested following allegations of multi-crore investment fraud and unregulated financial activities. Authorities are investigating the firm's dealings with thousands of investors.

GST Returns May Lose Edit Option

GST Returns May Lose Edit Option

Rediff.com22 May 2026

Businesses may eventually have to file returns largely based on invoices uploaded by suppliers, with limited scope for manual changes.

Class 12 students allege answer sheet mismatch, CBSE begins probe

Class 12 students allege answer sheet mismatch, CBSE begins probe

Rediff.com26 May 2026

The CBSE has taken up on 'top priority' the cases related to alleged mismatched answer sheets and other concerns faced by students in the re-evaluation process, a source in the board said.

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Rediff.com30 Mar 2026

The budget session of the Delhi Assembly concluded with over 15 hours of legislative business. Speaker Vijender Gupta voiced concerns over the opposition's conduct during the session.