News for 'income'

MACT Awards 24 Lakh Compensation in 2010 Tanker Accident Case

MACT Awards 24 Lakh Compensation in 2010 Tanker Accident Case

Rediff.com8 Mar 2026

The Motor Accident Claims Tribunal (MACT) in Thane has awarded 24.05 lakh compensation to the family of a tanker driver who died in a road accident in 2010. The insurance company's claim that the petition was time-barred was dismissed.

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.

Union Budget: ASK YOUR TAX QUESTIONS

Union Budget: ASK YOUR TAX QUESTIONS

Rediff.com31 Jan 2026

rediffGURUS Mihir Tanna, Vipul Bhavsar, T S Khurana, Vivek Lala and Anil Rego will answer your tax queries related to the Union Budget 2026-2o27.

10 Must Watch Movies From Around The World

10 Must Watch Movies From Around The World

Rediff.com25 Feb 2026

Aseem Chhabra lists his top 10 films from this year's Sundance festival, a blend of narratives and documentaries made in the US and other parts of the world.

Iran Crisis: 'No Nation More Exposed Than India'

Iran Crisis: 'No Nation More Exposed Than India'

Rediff.com27 Mar 2026

'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'

A To Z of Filing Your Income Tax Return

A To Z of Filing Your Income Tax Return

Rediff.com21 Jul 2025

Think again. Not filing could cost you. Here's who must file, who should, and why it matters. What's more, the deadline to file your ITR has been extended till September 15, 2025

India Is In The Doghouse At The Moment

India Is In The Doghouse At The Moment

Rediff.com20 Mar 2026

There is record underperformance and under-ownership. Some of this is cyclical and will turn on its own. However, we also need to regain our growth credentials. For this, both the government and companies have a role to play, as do investors, points out Akash Prakash.

Kanpur Police Bust Robbery, Expose Crores-Worth Hawala Racket

Kanpur Police Bust Robbery, Expose Crores-Worth Hawala Racket

Rediff.com27 Feb 2026

Kanpur Police solved a robbery case leading to the discovery of a large hawala network. Six people were arrested, and investigations are ongoing to uncover the full extent of the illegal financial activities.

Budget 2026: Modest Relief For Students, Travellers

Budget 2026: Modest Relief For Students, Travellers

Rediff.com2 Feb 2026

No income tax relief, but compliance burden eased for youth and middle class through lower TCS.

'Will Surrendering Pension Policy Attract Tax?'

'Will Surrendering Pension Policy Attract Tax?'

Rediff.com9 Feb 2026

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

App Trap: Hidden Cost Of 'Free' Investing

App Trap: Hidden Cost Of 'Free' Investing

Rediff.com16 Mar 2026

In modern investing, transparency is more valuable than zero fees and not all investing app score big on this front, says Ramalingam Kalirajan.

86% Taxpayers Shift To New Tax Regime

86% Taxpayers Shift To New Tax Regime

Rediff.com13 Feb 2026

'Among corporates, about 60% of income is now reported under the new tax regime.'

Incomes of unrecognised parties grew by 223%: ADR

Incomes of unrecognised parties grew by 223%: ADR

Rediff.com18 Jul 2025

The declared incomes of registered unrecognised political parties witnessed a 223 per cent spike in 2022-23 and more than 73 per cent of these parties failed to publicly disclose their financial records, according to poll rights body the Association for Democratic Reforms (ADR).

India Should Have Been Better Prepared For Gulf War

India Should Have Been Better Prepared For Gulf War

Rediff.com17 Mar 2026

'Our diplomacy should have been focused on preventing war and avoiding the inevitable disruptions it would cause, posing a real risk to India's growth story,' asserts former foreign secretary Shyam Saran.

Should You Invest In Silver Now?

Should You Invest In Silver Now?

Rediff.com16 Feb 2026

Is the parabolic rise in silver running out of steam or just getting started? Ramalingam Kalirajan offers his take on if you should invest in silver now?

How The Taxman Plans To Close Cases Faster

How The Taxman Plans To Close Cases Faster

Rediff.com11 Feb 2026

Building on last year's clearance of 172K cases, I-T department is pushing for faster appeal disposals, penalty reforms and system-driven processes to curb litigation and boost tax certainty.

GST and income tax cuts to spark sustained growth

GST and income tax cuts to spark sustained growth

Rediff.com4 Sep 2025

GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said. The Goods and Services Tax (GST) Council on September 3 approved an overhaul of the indirect tax regime by taxing essentials at 5 per cent and other goods at 18 per cent. A new 40 per cent tax will be applicable on luxury and sin items.

SGB Tax Jolt to FY27 Budget

SGB Tax Jolt to FY27 Budget

Rediff.com9 Feb 2026

This single amendment, unfortunately, overshadows much of the Budget's promise, explains Harsh Roongta.

TVS Ntorq 150 Review: Lightweight, Fast and Surprisingly Practical

TVS Ntorq 150 Review: Lightweight, Fast and Surprisingly Practical

Rediff.com14 Mar 2026

The TVS Ntorq 150 brings stronger performance, modern features and lightweight agility to India's growing performance scooter segment, discovers Rajesh Alva.

STT on futures hiked, share buyback taxed as capital gains

STT on futures hiked, share buyback taxed as capital gains

Rediff.com1 Feb 2026

The FM also said the government has proposed a joint panel of Corporate Affairs Ministry and CBDT for incorporation of income computation and disclosure standards.

Smart Money Tips Every Woman MUST READ

Smart Money Tips Every Woman MUST READ

Rediff.com5 Mar 2026

'Money is not just about greed or accumulation. It gives you freedom, dignity and choice. And you have every right to all three.'

Is US-Israel-Iran War Entering Endgame?

Is US-Israel-Iran War Entering Endgame?

Rediff.com18 Mar 2026

To be sure, Trump is furious, as the trajectory of the war is in a state of Zugzwang, as chess players call it. Trump and Netanyahu stare at two choices -- retreat in humiliation and concede Tehran's demands -- recognition of its rights, reparations, and binding security guarantees -- or perish in a quagmire, points out Ambassador M K Bhadrakumar.

HUL Q3 profit up two-fold to Rs 6,603 cr

HUL Q3 profit up two-fold to Rs 6,603 cr

Rediff.com12 Feb 2026

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a two-fold jump in consolidated net profit to Rs 6,603 crore in the December quarter of FY'26, on a year-on-year basis, driven by a one-off positive impact from the demerger of its ice cream business.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Indian Conservationist Dr Krithi K Karanth Wins Prestigious Royal Geographical Society Prize

Indian Conservationist Dr Krithi K Karanth Wins Prestigious Royal Geographical Society Prize

Rediff.com5 Mar 2026

Dr Krithi K Karanth, CEO of the Centre for Wildlife Studies (CWS), has been awarded the 2026 Esmond B Martin Royal Geographical Society Prize for her contributions to understanding ecosystems and protecting biodiversity.

Everyday Heroine: 'I Have Been Sweeping For 32 Years'

Everyday Heroine: 'I Have Been Sweeping For 32 Years'

Rediff.com6 Mar 2026

Amli (Amli ben to everyone), who sweeps corridors, cleans bathrooms and collects the trash in a south Mumbai building, shares her 32-year fight to keep her family afloat. A Women's Day special.

Homemaker's labour enables earning spouse to function well: HC

Homemaker's labour enables earning spouse to function well: HC

Rediff.com23 Feb 2026

The Delhi High Court has ruled that a homemaker's labor is essential for the earning spouse's success and that disregarding these contributions when determining maintenance is unjust. The court emphasized that a wife's non-employment should not be equated with idleness and that the economic value of her contributions must be recognized.

War Exposes Cracks in US-Israel Alliance

War Exposes Cracks in US-Israel Alliance

Rediff.com20 Mar 2026

Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.

Haryana Police to be Equipped with Body Cameras

Haryana Police to be Equipped with Body Cameras

Rediff.com2 Mar 2026

Haryana's Chief Minister Nayab Singh Saini announced a plan to equip police with body cameras, establish new women and cybercrime police stations, and form an Anti-Terrorist Squad as part of a broader effort to modernise the state's police force.

Property, ITR, Pension: Your Tax Qs Answered

Property, ITR, Pension: Your Tax Qs Answered

Rediff.com21 Jan 2026

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

DY Patil T20 Cup: 63 Off 19! Sooryavanshi, Tendulkar script stunning chase

DY Patil T20 Cup: 63 Off 19! Sooryavanshi, Tendulkar script stunning chase

Rediff.com26 Feb 2026

Vaibhav Sooryavanshi's explosive innings and Arjun Tendulkar's half-century guided DY Patil Blue to a thrilling victory in the DY Patil T20 Cup.

Govt urged not to hike I-T surcharge on super-rich in Budget

Govt urged not to hike I-T surcharge on super-rich in Budget

Rediff.com11 Jan 2026

The government should refrain from raising income tax surcharge on the super-rich and reintroducing wealth tax in the upcoming 2026-27 Budget, as the move could prompt persons in high-income brackets to leave the country for low-tax jurisdictions, according to tax experts.

War reaches Lebanon, Israel strikes Hezbollah targets in Beirut

War reaches Lebanon, Israel strikes Hezbollah targets in Beirut

Rediff.com2 Mar 2026

The escalating conflict in West Asia widened on Monday as Israel launched airstrikes on Hezbollah targets in Beirut and other parts of Lebanon, following projectile fire from Lebanese territory into northern Israel. The Israeli Air Force (IAF) said in a series of posts on X that it carried out targeted strikes against senior members of Hezbollah in the Beirut area in response to the projectile fire launched toward Israel, particularly toward the north of the country.

India wages war on cervical cancer with free HPV vax for girls

India wages war on cervical cancer with free HPV vax for girls

Rediff.com6 Mar 2026

The figures are grim. India accounts for around 19 per cent of global cervical cancer cases and 23 per cent of deaths.

Budget 2026: 9 Things That Got More Expensive

Budget 2026: 9 Things That Got More Expensive

Rediff.com2 Feb 2026

What items did Finance Minister Nirmala Sitharaman make costlier?

Will Gold Price Cross 2 Lakhs In 2026?

Will Gold Price Cross 2 Lakhs In 2026?

Rediff.com23 Jan 2026

'A breakout above 158,000 to 160,000 could trigger the next leg higher toward 165,000 to 170,000.'

EPL: Wolves Stun Liverpool as Everton, Sunderland Claim Key Wins

EPL: Wolves Stun Liverpool as Everton, Sunderland Claim Key Wins

Rediff.com4 Mar 2026

Wolverhampton Wanderers stun Liverpool 2-1 with a 94th-minute winner to revive survival hopes and dent the Reds' top-five push, while Everton and Sunderland claim crucial Premier League victories.

Indian goods to gain edge over China, others in US market

Indian goods to gain edge over China, others in US market

Rediff.com8 Feb 2026

Commerce and Industry Minister Piyush Goyal on Sunday said Indian goods will have a competitive advantage in US markets compared to products from China and other competitor countries, which face higher levies, following the reduction in reciprocal tariffs to 18 per cent.

Amit Shah launches India's first co-operative ride app Bharat Taxi

Amit Shah launches India's first co-operative ride app Bharat Taxi

Rediff.com5 Feb 2026

Addressing an event after launching the service, Shah said the rival ride-hailing platforms have reduced commission and are offering many other incentives, including free rides to customers, seeing the success of Bharat Taxi during the pilot operation.

MP farmer's Rs 3 income shocks Internet; officials say 'clerical error'

MP farmer's Rs 3 income shocks Internet; officials say 'clerical error'

Rediff.com27 Jul 2025

As Jena was not available at his house and possible locations in the city and remained incommunicado, the police formed a special squad and launched a manhunt for the fugitive BJD leader.