rediffGURU Vipul Bhavsar answers readers' personal income tax queries
Former West Bengal minister Sujit Bose has been arrested by the Enforcement Directorate in connection with a money laundering case linked to an alleged municipality recruitment scam.
Prime Minister Narendra Modi launched a strong attack on the ruling TMC in West Bengal, accusing them of running the state through 'syndicates' and promising to address atrocities against women if the BJP gains power.
The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.
'The real fault line in Assam is not Hindu versus Muslim. It is Assamese versus Bengali -- and within that, the specific anxiety about undocumented Bangladeshi settlers claiming land and altering the demographic balance of the state.'
Chief Justice of India expresses concern over the increasing number of digital arrest scams, highlighting a recent case where an elderly woman was defrauded of her retirement benefits.
The Congress party is seeking one Rajya Sabha seat in Jharkhand from the JMM and plans to discuss the matter with Chief Minister Hemant Soren, according to AICC Jharkhand in-charge K Raju.
Air India, IndiGo and SpiceJet have told the government that the country's airline industry is under extreme stress and on the verge of "stopping operations", as they sought revision in ATF pricing and financial support.
Prime Minister Narendra Modi has accused the Mamata Banerjee government of favouring infiltrators over the native population in West Bengal, asserting that the upcoming assembly election is a battle to save the state's identity.
The BJP has secured a majority vote share across all categories in the recent local body elections in Gujarat, according to data released by the State Election Commission (SEC). The ruling party swept the elections, winning a significant number of seats across municipal corporations, municipalities, district panchayats, and taluka panchayats.
Despite a 21 per cent minimum wage hike in parts of Uttar Pradesh, factory workers in India, particularly in states like Uttar Pradesh and Haryana, continue to experience wages below the national average and a widening disparity compared to supervisors and managers.
Former chief secretary Vinit Chowdhary has criticised Himachal Pradesh Chief Minister Sukhwinder Singh Sukhu over his handling of graft allegations in the Chester Hill housing project.
Opposition parties in Jharkhand are demanding the release of salaries for police personnel, which have been withheld following the discovery of irregularities in treasury funds across several districts. The police association claims that over 70,000 personnel have not been paid since March, prompting calls for a thorough investigation and prompt action from the state government.
The Indian government has extended the deadline for implementing SIM-binding rules for mobile messaging apps like WhatsApp and Telegram to December 31, following requests from the industry. The Department of Telecom has also relaxed the mandatory six-hour log-out rule for web versions of these apps.
The BJP has accused the Congress party, particularly Rahul Gandhi, of using social media accounts based in foreign countries to create an anti-India narrative. The BJP alleges that accounts originating from Pakistan, Bangladesh, Malaysia, Singapore, and the US are being used to target the BJP, RSS, and Prime Minister Narendra Modi.
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) are reportedly incurring losses of Rs 18 per litre on petrol and Rs 35 per litre on diesel, as they continue to absorb rising crude oil costs without increasing retail prices. This situation is leading to expectations of a fuel price hike after upcoming state elections.
Self-styled godman Ashok Kharat, already facing rape charges, is now under investigation for suspicious financial activities involving numerous accounts and large transactions.
Prime Minister Narendra Modi has accused the TMC government in West Bengal of 'maha jungleraj' following an incident in Malda where judicial officers were allegedly held hostage. He framed the upcoming elections as a battle between the TMC's 'fear' and the BJP's 'trust', promising accountability for alleged atrocities and a focus on development.
Self-styled godman Ashok Kharat, already facing rape charges, is now under investigation for opening over 130 accounts with cooperative credit societies and conducting transactions worth approximately Rs 63 crore.
Prime Minister Narendra Modi has criticised the Trinamool Congress (TMC) government in West Bengal, citing the Malda incident as evidence of lawlessness and accusing the party of 'maha jungleraj'. He framed the upcoming elections as a battle between the TMC's 'fear' and the BJP's 'trust', addressing issues such as infiltration, corruption, and demographic change.
Rajasthan Police have issued an advisory warning citizens about potential cyber fraud attempts disguised as part of the ongoing digital census. Scammers may use various methods, including fake calls, messages, and in-person visits, to steal personal and financial information.
Union Education Minister Dharmendra Pradhan has criticised West Bengal Chief Minister Mamata Banerjee, alleging that her leadership has led to the weakening of the state's institutions. The remarks follow Banerjee's criticism of Prime Minister Narendra Modi's comments on Jadavpur University.
Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.
The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.
India's banking system is grappling with a persistent liquidity surplus exceeding Rs 5 trillion, driven by significant government spending and bond redemptions, leading market participants to anticipate the Reserve Bank of India will step up Variable Rate Reserve Repo operations to manage the excess funds.
Since this is a long-term investment, investors must do their homework and choose a fund manager carefully.
The Wrestling Federation of India (WFI) barred an under-17 wrestler from the National Championships after her father presented two different birth certificates, highlighting concerns about document verification.
The Wrestling Federation of India (WFI) barred an under-17 wrestler from the National Championships after her father presented two different birth certificates, highlighting issues in document verification.
Prime Minister Narendra Modi launched a strong attack on the TMC in West Bengal, accusing them of corruption and syndicate rule, while promising to address atrocities against women if the BJP comes to power.
S&P Global Ratings warns that a sustained rise in crude oil prices to $130 per barrel could significantly slow India's economic growth, weaken fiscal metrics, and strain corporate and banking sector performance, potentially reducing growth by up to 80 basis points.
The cremation of a warehousing corporation official who died by suicide after accusing former Punjab minister Laljit Singh Bhullar of harassment was held in Amritsar. Bhullar has been arrested for abetting suicide, sparking a political row and demands for a CBI probe.
Prime Minister Narendra Modi has accused the Mamata Banerjee government of favouring infiltrators over the native population, asserting that the upcoming assembly election in West Bengal is a battle to save the state's identity.
Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).
The Bombay High Court has directed the Maharashtra government to compensate a lawyer and an ex-serviceman, Rs 50,000 each, for being unlawfully handcuffed by police, deeming it a 'humiliation'. The court emphasised the need to uphold the police motto of protecting the good and punishing the evil.
India's urban areas are projected to contribute 70 per cent of gross domestic product in 2025-26, up from 45 per cent in the 1990s, according to a report by Dun & Bradstreet.
Ravindra Jadeja's verified account on Instagram is currently unavailable on the social media platform.
The Enforcement Directorate conducted raids across Arunachal Pradesh, uncovering a large-scale interstate liquor smuggling and money laundering network.
West Bengal Chief Minister Mamata Banerjee has accused Prime Minister Narendra Modi of misleading the nation regarding the women's quota bill and plotting to push through the delimitation exercise by using women as a shield.
'This is a major rupture in Tamil Nadu's political order.' 'For the Dravidian parties, the message is clear: The old DMK-AIADMK binary is no longer guaranteed a future.'
Haryana's State Vigilance and Anti-Corruption Bureau has filed an FIR to investigate alleged discrepancies involving nearly 150 crore of Panchkula Municipal Corporation funds held in a Kotak Mahindra Bank branch.
