Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
CA's head of scheduling Peter Roach acknowledged said they are not averse to idea of hosting on tri-series ODI, involving India and Pakistan, like it happened back in 1999-2000 season, though he admitted that it will be difficult to squeeze in a series in an already choc-a-bloc calendar.
Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.
The stock of Voltas, the country's largest room air- conditioner (RAC) maker, is up 22 per cent in the past three months. Robust demand on the back of a sweltering summer, distribution expansion, slew of launches and backward integration are expected to forge a good operating performance for the company. In the core RAC segment, there are multiple triggers for the company.
'I've always considered myself an all-rounder, it's just about going into the IPL and executing all of that, which I did in the domestic season.'
Muhammad Yunus urged the people to "exercise patience" before judging his government's role.
There was much speculation on a likely meeting between Bhagwat and Adityanath, especially in the backdrop of the BJP's recent electoral reverses in Uttar Pradesh.
Over the past eight months, a team of 80 people has been diligently working to harmonise operating procedures across four airlines run by the Tata group, as part of two mergers, revealed Campbell Wilson, Air India's chief executive officer (CEO), on Friday. The Tata group is consolidating its aviation business by merging four airlines into two: Air India and Vistara are merging to form a single full-service carrier, while AIX Connect and Air India Express are combining to create a unified low-cost carrier (as a subsidiary of Air India).
From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.
Shahrukh Saifi was apprehended from Ratnagiri in Maharashtra by the Anti-Terrorism Squad.
'An equity-based index fund should be held for more than five years to average out market volatility and achieve financial goals.'
Ravichandran Ashwin has taken criticism on the chin and has responded with a bagful of wickets, refusing to let that 'outside noise' disturb the equilibrium of his mind.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Describing their situation akin to "bonded labour", two Air India pilot unions extended their support to Vistara pilots on Thursday, who have raised grievances regarding the duty roster and the revised salary structure. Amid the slew of flight cancellations and delays, Vistara chief executive officer Vinod Kannan acknowledged on Wednesday that pilot utilisation in the airline was high, and announced plans to scale back its flight schedule and overhaul the rostering system to provide pilots with more rest time.
Malayalee From India is trapped within its self-serving corniness and refuses to break free in the process, observes Arjun Menon.
'We should be mindful that the religious minority community in one country is the majority in another (and) so treatment of the minority community in our respective countries will be an important variable in our relationship'
As the 240-seater prime minister attempts to moderate his image of hardline hero, he has made room for others to elbow in and that is what is happening. And that it what will continue to happen from inside the BJP, notes Aakar Patel.
HDFC Bank's January-March quarter result, which came in-line with expectations, failed to enthuse investors. The reason? The management's decision to abstain from providing any specific growth guidance, and analysts' expectations of an arduous road to recovery. Analysts believe the path to normalisation of several growth metrics is unlikely to be a straightforward one, and the road to balance sheet realignment may be long.
Jos Buttler said his side did not execute their plans and admitted they failed with the willow.
The management of Tata Communications presented its product-to-platform strategy and explained how it hopes to grow its new products and portfolios, and geographies. The management targets doubling of data revenue by FY27 to ~28,000 crore (implied 18 per cent annual revenue growth). The DPS (Digital Platform & Services) segment is likely to contribute over 60 per cent of data revenue.
Australian batting great Ricky Ponting on Tuesday hailed the Indian Premier League as the world's best domestic T20 competition "by a long way", saying it is one of the best places to learn for talented youngsters such as Jake Fraser-McGurk.
Sanjay Jha's importance lies in his connections to senior BJP and RSS leaders to maintain a smooth relationship within the NDA government in Bihar and at the Centre and to contest the 2025 Bihar assembly elections together under Nitish Kumar's leadership.
Vardhan's elevation to the chairmanship of the 34-member World Health Organisation (WHO) Executive Board comes amid growing calls, including by United States President Donald Trump, to investigate how coronavirus originated in China's Wuhan city and subsequent action by Beijing.
Central Bank of India classified its loans to Go First as non-performing assets (NPAs) in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). The no-frills carrier has been under insolvency proceedings since May 2023 and ceased operating flights on May 3 this year. The public sector lender's exposure, including government-guaranteed emergency credit to the ailing airline, amounts to about Rs 2,000 crore.
As the political uncertainty settles down, investors are reviewing their assumptions about the power sector. Demand here is likely to continue to grow strongly in the long-term at around 5-6 per cent CAGR (compounded annual growth rate) during the next 6-7 years. Given policy continuity, several trends will persist.
The semi-high speed Train 18, which has been recently rechristened Vande Bharat Express, can run up to a maximum speed of 160 kmph and has travel classes like Shatabdi trains but with better facilities. It aims to provide a totally new travel experience to passengers.
Up to three billion people are expected to tune in for the opening ceremony in Paris.
In a letter to Kharge, Khan said he will not campaign for party candidates for the remaining phases of the Lok Sabha polls and is also resigning from the state Congress campaign committee.
There could be near-term margin pressures for lifestyle accessories major Titan Company. Even as the company maintains its growth outlook over the medium term, it has revised its margin guidance for the jewellery segment downwards. The company has adjusted its medium-term margin guidance to 12 per cent from the previous range of 12-13 per cent.
Rohit Sharma has now led India to the third global final in last 12 months.
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.
LIC Housing Finance (LICHF) delivered a healthy FY24 with improvements in net interest margin (NIM) and credit costs and an improved return on assets of 1.7 per cent compared to an average of 1.3 per cent between FY14-FY23. Loan growth was low due to technology upgrades to the platform in H1FY24, though momentum improved in H2FY24. In Q4FY24, the net interest income (NII) came in at Rs 2,250 crore.
The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India's top-drawer wealth managers. They add that they have been advising clients to reduce their exposure to smallcaps. Anand Rathi Wealth, which manages investor wealth through mutual funds (MFs), reports that its exposure to smallcap stocks, both through MFs and directly, has decreased by nearly 7 percentage points in the past few months, now standing at 23 per cent.
The Rashtriya Swayamsevak Sangh (RSS) on Friday sought to quell the suggestions of its rift with the Bharatiya Janata Party and that Mohan Bhagwat's recent critical references related to the Lok Sabha polls were aimed at the ruling party, insisting that such claims are just speculation meant to create confusion.
Reserve Bank has directed banks to provide their eligible customers with an option to choose from multiple card networks at the time of issuing credit or debit cards, a move which will benefit card users. The central bank also asked issuers of credit cards not to enter into any arrangement or agreement with card networks that restrain customers from availing the services of other networks.
Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.
Nine people were on the helicopter that crashed in northwest Iran on Sunday, including three officials, an imam, and flight and security team members, as reported by Tasnim news.
Buttler said it will take a lot of effort from his team to overcome the setback.
Kotak Mahindra Bank on Saturday reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. On a standalone basis, the city-headquartered lender's Q4 net profit grew 18 per cent to Rs 4,133 crore. The FY24 consolidated net profit grew 22 per cent to Rs 18,213 crore.
Locals have witnessed real estate prices skyrocket from a historic low of Rs 6,000 per square yard (in 2020) during Jagan Mohan Reddy's regime to around Rs 40,000 to Rs 50,000 per square yard after elections.
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