rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The Defence Acquisition Council (DAC) has recently approved procurement proposals worth Rs 79,000 crore across three services and it has cleared AoN (Acceptance of Necessity) of Rs 3.3 trillion in financial year 2026 (FY26).
Cristiano Ronaldo birthday special coverage: Check Cristiano Ronaldo age, stats, total goals, career records, trophies and net worth details.
The Nifty 50 index could rise around 24 per cent from current levels to 32,032 by December 2026 in a bull-case scenario, Kotak Securities said in a recent note. "We value Nifty at a 10 per cent premium (at 22x) to the 10-year average price-to-earnings of 20x on 2027-28 estimated (E) earnings per share (EPS) of Rs 1,456, and arrive at a December 2026 Nifty target of 32,032," the analysts wrote.
To prevent India Open-like mess, Sports Ministry asks SAI to draw up SOP
'This will split the Marathi and Shiv Sena vote.' 'The BJP has conducted 3 surveys indicating they shall secure 109 seats in the BMC.' 'They do not wish for the Shinde Sena to demonstrate excessive strength in the BMC.' 'If the Thackerays secure 60-70 seats, that will affect Shinde's seats.'
The BJP-Shiv Sena alliance has made significant progress in challenging the Thackeray family's control over Mumbai's Brihanmumbai Municipal Corporation (BMC) after nearly 25 years. The results mark a potential shift in Mumbai's civic politics, with the BJP emerging as a central force.
Bangla Inside Story: Players kept mum in-front of Nazrul, BCB's annual income could dwindle by 60%
The Union cabinet has approved a bill to rename the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and increase the number of work days under the scheme.
'Stay invested but progressively reduce risk. Beyond a point, the objective should shift from maximising returns to avoiding unpleasant surprises.'
Over 50 per cent, or 660 stocks, from the BSE 1000 index recorded negative returns during CY25.
An Air India Airbus A350 sustained engine damage after ingesting a baggage container while taxiing at Delhi airport. The incident occurred after the flight returned to Delhi due to the unexpected closure of Iranian airspace. The DGCA is investigating.
Civil unrest in Iran has started impacting India's basmati rice exports to the country, leading to a sharp fall in domestic prices, as exporters face payment delays and mounting uncertainties, an industry body said on Tuesday. The Indian Rice Exporters Federation (IREF) urged exporters to reassess risks on Iranian contracts and adopt secured payment mechanisms, warning against over-leveraging inventories meant for the Iranian market.
All trading platforms provide MTF (Margin Trading Facility). MTF is utilised to buy more security with less capital and to enter bigger trades with less funds. Experienced traders use it as a tool. However, many beginners are unaware of many things related to MTF, which we will discuss today.
'Grassroots-level corruption, which disrupts the last-mile work, cannot be ignored in your enthusiasm and drive to get going to complete the project.' 'Like it was in MGNREGA, in some states, it is the case with the Jal Jeevan mission.' 'The last minute levels of corruption can ruin the intent of the project itself.' 'When you see that people can game a particular well-intended and well-crafted project, you need to correct that.'
'The first time India has seen two consecutive blockbuster IPO years.'
'...a mix of asset classes.' 'Include equities for growth (across market caps), debt for stability and liquidity, gold as a hedge against macro and currency risk, and global assets for geographical and economic diversification.'
Maharashtra minister's announcement regarding the disbursement of financial aid under the Ladki Bahin Yojana before Makar Sankranti has triggered a controversy, with the Opposition alleging a violation of the Model Code of Conduct ahead of municipal elections. The State Election Commission has sought a report on the matter.
ICICI Prudential Asset Management Company has set a price band of Rs 2,061- Rs 2,165 per share for its Rs 10,600-crore initial public offering (IPO) that will open on Friday. At the upper end of the band, the country's largest asset manager will command a valuation of Rs 1.07 trillion.
The government informed Lok Sabha that security forces have neutralised 29 top Naxal leaders since 2019, with a significant reduction in affected districts.
During the financial year 2025-2026, the defence ministry has signed a total of 182,492 crore capital acquisition contracts, highlighting the government's push to modernise the armed forces and promote indigenous defence production.
'Headcount expansion is more likely in revenue-linked and product-critical teams than in broad based hiring.'
'We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.'
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
'The tools of warfare are changing. The MoD must deepen its engagement with technology thinkers that can present compelling visions of where warfare may be heading.'
Prism, the parent firm of global travel tech unicorn Oyo, has filed preliminary papers with market regulator Sebi to raise Rs 6,650 crore through an initial public offering (IPO) using a confidential route, people familiar with the development said on Wednesday.
Companies would have to recognise the increase in gratuity liability arising from new labour codes in their interim financial statements and results for the period ending December 31, the Institute of Chartered Accountants of India (ICAI) has said in its FAQs on the new labour codes.
Indians across the country welcomed the New Year 2026 with celebrations, religious observances, and gatherings at tourist spots. The President, Vice President, and Prime Minister extended greetings for peace and prosperity.
Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday.
Authorities in Kashmir have initiated a profiling process of mosques, madrassas, and individuals associated with their management following the exposure of a 'white collar' terror module. The enumeration drive focuses on the finances of these institutions and the backgrounds of their personnel.
The convergence of artificial intelligence, evolving labour regulations and rising employee expectations will redefine how organisations manage pay, people and performance in the coming year, a report says.
In their talks, Modi and Merz are likely to deliberate on trade and investment ties as New Delhi is looking at deepening economic engagement with Europe against the backdrop of Washington's 50 percent tariff on Indian goods, people familiar with the matter said.
'Trading without strict position sizing, stop-loss discipline, or a clear exit plan almost guarantees losses.' 'Chasing tips, reacting to intraday noise, or assuming frequent trading improves outcomes are equally damaging habits.'
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
'The tragedy underscored 'serious and widespread' weaknesses in the EPFO's monitoring system and its ability to detect and act against defaulting establishments.'
Investors must account for currency depreciation in their financial plans and use instruments that can cushion the erosion in purchasing power.
It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud.
While gold continues to provide safety after its strong 2025 rally, well-chosen real estate investments held with a long-term view remain attractive.
The partnership strengthens HMC's presence in global cricket, marking its return to the sport after its earlier association with the ICC between 2011 and 2015.
The stock of the country's largest beer maker, United Breweries (UBBL), is trading at 25-month lows given multiple headwinds related to volumes, regulatory issues, and margin trajectory. After a muted second quarter (July-September) of 2025-26 (Q2FY26), brokerages also expect the company's Q3FY26 performance to be underwhelming.