News for 'income tax'

Better execution can push up HAL stock to higher altitude

Better execution can push up HAL stock to higher altitude

Rediff.com27 May 2026

Despite a disappointing Q4 FY26 performance, many analysts remain bullish on Hindustan Aeronautics (HAL) due to its substantial order book and pipeline. However, persistent supply chain issues, particularly for jet engines, and execution challenges are key factors that could impact its future stock performance and revenue growth.

Rush of black money declarants at Income Tax office

Rush of black money declarants at Income Tax office

Rediff.com30 Sep 2015

'A huge number of declarations are expected to be made through the official e-filing website of the Income Tax department.'

India Inc expects Budget to lower personal income tax rates

India Inc expects Budget to lower personal income tax rates

Rediff.com23 Jan 2020

Majority of respondents feel that the government in the forthcoming Budget will increase the standard deduction and give more incentives for housing loans.

Delhi siblings arrested after mobile snatching, linked to 31 cases

Delhi siblings arrested after mobile snatching, linked to 31 cases

Rediff.com23 Mar 2026

A brother and sister, allegedly involved in 31 criminal cases of theft and snatching, were arrested in Delhi after a mobile phone snatching incident.

TMC Leader Alleges BJP Conspiracy Against Mamata Banerjee

TMC Leader Alleges BJP Conspiracy Against Mamata Banerjee

Rediff.com23 Apr 2026

Trinamool Congress leader Abhishek Banerjee accuses the BJP of using central agencies to undermine Mamata Banerjee in the West Bengal elections, alleging a lack of public support for the saffron party.

Budget 2026: What Mutual Fund Industry Wants...

Budget 2026: What Mutual Fund Industry Wants...

Rediff.com28 Jan 2026

Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains exceeding 2 lakh in a financial year.

Par panel on DTC suggests wider Income Tax slab

Par panel on DTC suggests wider Income Tax slab

Rediff.com14 Mar 2012

Wants investment limit for tax savings schemes be increased to Rs 320,000

Budget: What Will Nirmalaji Do About Income Tax?

Budget: What Will Nirmalaji Do About Income Tax?

Rediff.com15 Dec 2022

Instead of conceding the demand for a cut in personal income-tax rates, Finance Minister Nirmala Sitharaman should phase out many exemptions in both personal and corporation taxes, suggests A K Bhattacharya.

Overseas Education Loans Get Riskier

Overseas Education Loans Get Riskier

Rediff.com8 Jun 2026

Students and families must stress test repayment capacity based on Indian salary standards.

'Your Tax Liability Will Be 0, But...'

'Your Tax Liability Will Be 0, But...'

Rediff.com8 Jul 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Bhagwant Mann Accuses BJP of Political Vendetta After ED Raids on Punjab Minister

Bhagwant Mann Accuses BJP of Political Vendetta After ED Raids on Punjab Minister

Rediff.com17 Apr 2026

Punjab Chief Minister Bhagwant Mann has criticised the BJP-led central government following ED raids on state minister Sanjeev Arora, alleging political harassment and misuse of central agencies.

Kingfisher owes to govt Rs 269 cr Income Tax

Kingfisher owes to govt Rs 269 cr Income Tax

Rediff.com18 May 2012

Kingfisher Airlines was found to have deducted tax at source on salary payments but had not deposited it in government account, Minister of State for Finance S S Palanimanickam said in a written reply.

Draft Tax Bill 2025: Relief For LLPs On LTCG Front?

Draft Tax Bill 2025: Relief For LLPs On LTCG Front?

Rediff.com28 Jun 2025

'The original provision will be restored. AMT is meant only for those claiming deductions, not for firms earning regular income like capital gains,' a senior government official said.

There is more to Union Budget than just Income Tax exemptions!

There is more to Union Budget than just Income Tax exemptions!

Rediff.com27 Feb 2015

Anil Rego, CEO, Right Horizons lists out the important things, of course, apart from the IT exemption limit, that the salaried class must be looking forward to in the Union Budget 2015-16 that Finance Minister Arun Jaitley will present tomorrow morning

Income tax filing to be lot easier

Income tax filing to be lot easier

Rediff.com6 Jul 2019

Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.

Know about the penalties under Income Tax Act

Know about the penalties under Income Tax Act

Rediff.com15 Oct 2009

This article tries to strip off the jargon and present the contents of the current act with respect to the punishments and penalties applicable to various offences as defined by the tax man.

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

Rediff.com2 Feb 2026

'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'

Budget 2026's tax proposals weave a strategic vision

Budget 2026's tax proposals weave a strategic vision

Rediff.com4 Feb 2026

The proposals outlined in Budget 2026-27 represent a carefully crafted, multi-year strategy designed to strengthen India's big bets on the path to Viksit Bharat 2047, says Sameer Gupta.

Income tax dues can be paid at RBI offices, 29 banks

Income tax dues can be paid at RBI offices, 29 banks

Rediff.com26 Aug 2014

The Reserve Bank has asked the public to pay their income tax dues well in advance so as to avoid standing in long queues and stated that 29 agency banks are also authorised to accept such payments.

'Can I reduce income tax by claiming tuition fees?'

'Can I reduce income tax by claiming tuition fees?'

Rediff.com8 Jun 2009

Have a query regarding tax planning or tax filing? Maybe we can help. Drop us a line and our expert, Anil Rego of Right Horizons, will answer it. Got a question for Anil Rego? Please write to us at getahead@rediff.co.in with the subject line as 'Tax query'.

7 important income tax documents you MUST know of

7 important income tax documents you MUST know of

Rediff.com14 Dec 2011

Here is a quick guide to help you understand the typical documents and forms required for filing returns. A clear understanding helps you to file your returns correctly and accurately.

India's e-retail aisles buzz again, market hits $66 billion

India's e-retail aisles buzz again, market hits $66 billion

Rediff.com17 Apr 2026

India's online retail market concluded 2025 with electronic retail (e-retail) gross merchandise value (GMV) reaching $65-66 billion, a 19-21 per cent increase, according to a report by Bain & Company and Flipkart. This growth is significantly driven by GenZ shoppers and the rapid expansion of quick commerce, which has emerged as a global leader.

Why CBI Officers Were Convicted In Two-Decade-Old Case

Why CBI Officers Were Convicted In Two-Decade-Old Case

Rediff.com18 Apr 2026

A Delhi court has convicted two CBI officers for assaulting and trespassing into the residence of an Indian Revenue Service officer during a raid over two decades ago.

Bhagwant Mann Slams Centre Over ED Raids, Alleges Political Vendetta

Bhagwant Mann Slams Centre Over ED Raids, Alleges Political Vendetta

Rediff.com9 May 2026

Punjab Chief Minister Bhagwant Mann has accused the BJP-led central government of playing 'dangerous games' with Punjab, alleging the misuse of agencies like the Enforcement Directorate (ED) and the CBI for political purposes.

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is largely bullish among analysts following its Q4FY26 results, driven by strong SUV demand, a robust product pipeline, and improving growth visibility across segments, despite near-term margin pressures from rising commodity costs and potential weakness in the tractor cycle.

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Rediff.com12 May 2026

Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.

UP shopkeeper stunned by Rs 141 crore tax notice

UP shopkeeper stunned by Rs 141 crore tax notice

Rediff.com1 Sep 2025

A grocery store owner in Bulandshahr alleges his PAN card was misused to set up six companies in Delhi after receiving an Income Tax notice for sales exceeding Rs 141 crore.

Bush paid $227,490 as income tax in 2003

Bush paid $227,490 as income tax in 2003

Rediff.com14 Apr 2004

US President George W Bush and his wife reported a taxable income of $727,083 for the last year and paid $227,490 in federal income taxes, the White House said.

Delay in filing income tax returns may hurt your financials

Delay in filing income tax returns may hurt your financials

Rediff.com22 Jul 2014

It is always adivsable to file income tax returns on time.

Deadline extended for filing income-tax return and audit report

Deadline extended for filing income-tax return and audit report

Rediff.com24 Sep 2018

"The CBDT extends the 'due date' for filing of ITRs as well as reports of Audit (which were required to be filed by the said specified date) from September 30, 2018 to October 15, 2018 in respect of the said categories of taxpayers," the CBDT said in a statement.

'How To Earn Maximum Monthly Income?'

'How To Earn Maximum Monthly Income?'

Rediff.com3 Oct 2025

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

What Budget 2026 Means For Taxpayers

What Budget 2026 Means For Taxpayers

Rediff.com2 Feb 2026

The Budget offers a limited-time regularisation window with clear thresholds, defined payments, and immunity from penalty or prosecution.

Income Tax: All you want to know about ITR 1-Sahaj and ITR 4-Sugam

Income Tax: All you want to know about ITR 1-Sahaj and ITR 4-Sugam

Rediff.com6 Jan 2020

The department notified ITR 1-Sahaj and ITR 4-Sugam in January against the usual practice of notifying returns in April, with disclosure requirements related to cash deposits, spending on foreign travel, and electricity. The notification of the returns followed Budget announcements making income-tax return filing mandatory for certain persons even if their income was below the taxable limit.

India's GDP estimated to grow at 7.4% in FY26; fastest in the world

India's GDP estimated to grow at 7.4% in FY26; fastest in the world

Rediff.com7 Jan 2026

The Indian economy is likely to grow at 7.4 per cent in 2025-26, up from 6.5 per cent in the previous fiscal, mainly on account of better performance of manufacturing and services sectors, as per the government data released on Wednesday.

FM unveils simpler tax law, middle class gets relief

FM unveils simpler tax law, middle class gets relief

Rediff.com1 Feb 2025

Finance Minister Nirmala Sitharaman on Saturday unveiled 'transformative' tax reforms that ranged from a simpler income tax law to higher TCS threshold for remittances and income tax benefits for middle class.

How to make filing income tax returns easier

How to make filing income tax returns easier

Rediff.com28 Apr 2015

Taxpayers might face several issues while filing returns this year.

Will Your Retirement Money Last?

Will Your Retirement Money Last?

Rediff.com16 Apr 2026

A systematic withdrawal plan doesn't drain wealth, poor planning does. Ramalingam Kalirajan explains the truth behind systematic withdrawal plans

'Call Me': Lalit Modi Slams SRH Over Pakistan Signing

'Call Me': Lalit Modi Slams SRH Over Pakistan Signing

Rediff.com18 Mar 2026

The signing of Pakistani spinner Abrar Ahmed by Sunrisers Leeds in The Hundred auction has ignited controversy, drawing criticism from figures like Lalit Modi and Sunil Gavaskar due to the historical exclusion of Pakistani players from the IPL and concerns over financial contributions to Pakistan.

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

Rediff.com14 Apr 2026

Indian insurance companies are bracing for reduced profitability in Q4FY26, primarily due to the rationalisation of GST on retail life and health policies, leading to a loss of input tax credit, coupled with volatility in equity markets impacting investment income.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.