News for 'income'

Court Orders Fresh Review of Husband's Income Details in Domestic Violence Case

Court Orders Fresh Review of Husband's Income Details in Domestic Violence Case

Rediff.com30 Mar 2026

The Allahabad High Court has quashed a magistrate court's order rejecting a woman's plea for her husband's income and property details in a domestic violence case, ordering a fresh review and emphasising the importance of income disclosure in such cases.

US proposes steep hike in citizenship application fees

US proposes steep hike in citizenship application fees

Rediff.com24 Jun 2026

The US Department of Homeland Security has proposed a nearly 75 per cent increase in the filing fee for Form N-400, the application for US citizenship through naturalisation, raising it from $760 to $1,330. The proposal also seeks to eliminate reduced-fee options and fee waivers, potentially impacting thousands of immigrants, including Indians.

Actor Mohanlal discloses 10 elephant tusks, 13 idols amid legal battle

Actor Mohanlal discloses 10 elephant tusks, 13 idols amid legal battle

Rediff.com6 Jul 2026

Actor Mohanlal has declared possession of 10 elephant tusks and 13 ivory idols to the Kerala Forest Department under an amnesty scheme. This new disclosure comes as he continues to face trial for alleged illegal possession of wildlife articles, a case that originated in 2011 and has seen the Kerala High Court direct the continuation of legal proceedings against him.

Had no role in daily donation collection at Ram Temple: Trust treasurer

Had no role in daily donation collection at Ram Temple: Trust treasurer

Rediff.com5 Jul 2026

Under the lens over serious lapses in the donation management system at the Ram Mandir in Ayodhya, the treasurer of the Shri Ram Janmabhoomi Teerth Kshetra Trust, Govind Dev Giri, has said that all audit reports were "safe" and that he had no role in the daily donation collection process at the temple.

FPIs Invest 55,518 Crore In June

FPIs Invest 55,518 Crore In June

Rediff.com1 Jul 2026

...exceeding their 49,340 crore equity selloff.

Wife of Ex-Income Tax Officer Sentenced in Disproportionate Assets Case

Wife of Ex-Income Tax Officer Sentenced in Disproportionate Assets Case

Rediff.com30 Mar 2026

An Ahmedabad court has convicted the wife of a former Income Tax Officer in a disproportionate assets case dating back nearly two decades. The husband, also an accused, died during the trial.

Ram Mandir staff seen concealing wads of cash in shoes, clothes: SIT probe

Ram Mandir staff seen concealing wads of cash in shoes, clothes: SIT probe

Rediff.com7 Jul 2026

A preliminary probe by the Special Investigation Team (SIT) into alleged cash theft at the Ram Mandir in Ayodhya has revealed 'serious security lapses' and 'systematic' concealment of cash by staff, with around 70 suspicious incidents captured on CCTV.

NEET Medical Counselling: Get Your Paperwork Right!

NEET Medical Counselling: Get Your Paperwork Right!

Rediff.com26 Jun 2026

Many students who do well in the NEET exams miss out on a medical seat because they didn't get their documentation in order. You don't want to be that student, says Ashok Hegde.

Iran retaliates, strikes US bases in Kuwait, Bahrain

Iran retaliates, strikes US bases in Kuwait, Bahrain

Rediff.com9 Jul 2026

Iran's Islamic Revolutionary Guard Corps (IRGC) has launched missile and drone strikes on four US military bases in Kuwait and Bahrain. This action is in retaliation for recent American strikes against targets in Iran, which the IRGC condemned as a "violation of commitments" and an "anti-civilian act." The IRGC has warned of an expanded "crushing response" if US aggression continues.

Govt Assures E20 Fuel Use is Safe, Won't Affect Vehicle Insurance Validity

Govt Assures E20 Fuel Use is Safe, Won't Affect Vehicle Insurance Validity

Rediff.com24 Jun 2026

The Indian government has dismissed concerns that the use of E20 fuel could affect the validity of vehicle insurance policies, stating that the ethanol blending programme remains safe, consumer-friendly, and economically beneficial.

How to Shortlist a Winning Fund in Under 5 Minutes?

How to Shortlist a Winning Fund in Under 5 Minutes?

Rediff.com9 Jul 2026

The good news is that you don't need to spend hours manually comparing every scheme. In this article, we have explained how you can shortlist a winning fund in a few minutes by evaluating some crucial parameters.

EPF Scheme 2026: What's Changed for You?

EPF Scheme 2026: What's Changed for You?

Rediff.com3 Jul 2026

For members, the message is simple: don't be misled by headlines about '100% withdrawal'. The basic purpose of the EPF remains unchanged -- to help employees build a financial cushion for retirement while allowing limited access to savings for genuine needs during their working lives.

Ram Temple Trust's crucial meet on Monday; Champat Rai's future among agenda

Ram Temple Trust's crucial meet on Monday; Champat Rai's future among agenda

Rediff.com5 Jul 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust is holding a crucial meeting to discuss ongoing investigations into alleged embezzlement of donations. Key agenda items include the resignations of general secretary Champat Rai and trustee Anil Mishra, financial approvals, and the appointment of a CEO for the Ram temple's management.

Property Ownership Hinges On Funding

Property Ownership Hinges On Funding

Rediff.com16 Jun 2026

Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.

MP's Hindu-inclusive Waqf Board sparks political row; Cong moves SC

MP's Hindu-inclusive Waqf Board sparks political row; Cong moves SC

Rediff.com6 Jul 2026

Congress leaders on Monday termed the reorganisation of the Madhya Pradesh Waqf Board with the inclusion of two Hindu members as "inappropriate" and said they would challenge the decision in the Supreme Court.

Check AIS Before Filing Tax Returns

Check AIS Before Filing Tax Returns

Rediff.com9 Jun 2026

'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'

Can SIPs Help You Live Debt-Free?

Can SIPs Help You Live Debt-Free?

Rediff.com18 Jun 2026

A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

Rediff.com9 Jul 2026

The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.

Ram Temple trust to discuss SIT report, pick new CEO

Ram Temple trust to discuss SIT report, pick new CEO

Rediff.com4 Jul 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust is set to convene in Ayodhya to discuss the preliminary report of the SIT investigating the Ram Temple donation theft. The agenda includes reviewing the resignations of general secretary Champat Rai and trustee Anil Mishra, considering the appointment of a CEO, and approving financial statements. The meeting comes amidst ongoing police and SIT investigations, with eight arrests made in connection with the theft.

All banking cos to deduct TDS on interest income beyond Rs 50,000 a year

All banking cos to deduct TDS on interest income beyond Rs 50,000 a year

Rediff.com30 Mar 2026

The Income Tax Department has clarified the applicability of TDS (Tax Deducted at Source) on interest income for banking companies under the Income Tax Act, 2025, aligning it with the Banking Regulation Act, 1949.

How To Choose A Retail Algo

How To Choose A Retail Algo

Rediff.com23 Jun 2026

Algo strategies must be registered with stock exchanges.

SIT probe reveals systematic theft, lapses at Ram Temple

SIT probe reveals systematic theft, lapses at Ram Temple

Rediff.com7 Jul 2026

A Special Investigation Team (SIT) probing alleged theft and embezzlement of donations at the Ram Temple in Ayodhya has found repeated instances of employees concealing cash during counting and flagged serious security and supervision lapses. The preliminary report, shared with the Shri Ram Janmabhoomi Teerth Kshetra Trust, indicates systematic irregularities and financial discrepancies among employees, leading to arrests and resignations within the trust.

US can eliminate Iran's leadership 'with one shot', but wants talks: Trump

US can eliminate Iran's leadership 'with one shot', but wants talks: Trump

Rediff.com5 Jul 2026

US President Donald Trump has claimed that Washington has the capability to liquidate the surviving Iranian leadership with "one shot" if it desired, pointing to the congregation of top Iranian officials attending the week-long state funeral for the late Iranian Supreme Leader Ayatollah Ali Khamenei, who lost his life in joint US-Israeli air strikes on February 28.

World Tennis Aims For 30% Participation Boost With New Identity

World Tennis Aims For 30% Participation Boost With New Identity

Rediff.com25 Jun 2026

The International Tennis Federation (ITF) has rebranded as World Tennis, announcing an ambitious vision to increase global participation by 30% to 140 million players by 2035. The organisation, which governs the sport and runs major competitions, plans to reinvest 85% of its income annually for the next decade to achieve its strategic goals, including powering future stars and elevating national competitions. The name change aims to enhance recognition and foster greater collaboration within the sport.

Ram temple employee who counted cash named prime accused

Ram temple employee who counted cash named prime accused

Rediff.com8 Jul 2026

A preliminary report by a Special Investigation Team (SIT) has identified Avinash Shukla as the prime accused in the alleged theft of devotees' offerings at the Ram Temple in Ayodhya, linking him to a suspected 40-day racket involving nearly 70 instances of pilferage from the donation-counting system.

Will Your Kids Pay For Your Retirement?

Will Your Kids Pay For Your Retirement?

Rediff.com1 Jul 2026

Your children may always love you but should you expect them to to finance your retirement in today's economy?

Mumbai drenched by 300 mm rain; flight services hit, two killed

Mumbai drenched by 300 mm rain; flight services hit, two killed

Rediff.com5 Jul 2026

Heavy rainfall in Mumbai on Sunday led to significant disruptions, including a one-hour suspension of flight operations at Chhatrapati Shivaji Maharaj International Airport, widespread waterlogging, and multiple treefall incidents. One person died in Kurla due to a tree collapse, marking the second such fatality in a week. The India Meteorological Department had issued a 'red' alert, with several areas recording over 200 mm of rain.

How DIIs, MFs are providing crucial stability to Indian markets

How DIIs, MFs are providing crucial stability to Indian markets

Rediff.com4 Jul 2026

Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.

Selling Property? Tax Questions Answered

Selling Property? Tax Questions Answered

Rediff.com12 Jun 2026

rediffGURU Vipul Bhavsar answers readers' personal income tax queries

Is Rs 1 Cr Enough For Retirement?

Is Rs 1 Cr Enough For Retirement?

Rediff.com1 Jul 2026

Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.

Teacher, mechanic, ex-bank employee among 8 held in Ram Temple theft case

Teacher, mechanic, ex-bank employee among 8 held in Ram Temple theft case

Rediff.com6 Jul 2026

A primary school teacher, a former car mechanic, a retired bank employee and a trusted aide of a senior Shri Ram Janmabhoomi Teerth Kshetra Trust functionary -- people from diverse backgrounds are among the eight arrested in connection with the alleged embezzlement of donations at the Ram temple in Ayodhya.

The Unforgettable Lesson My Father Taught Me

The Unforgettable Lesson My Father Taught Me

Rediff.com21 Jun 2026

Udaipur's Dilip Shah reveals why he is so proud of his father. A Father's Day Special.

New ITR Rules Taxpayers Must Know About

New ITR Rules Taxpayers Must Know About

Rediff.com2 Jun 2026

"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."

Where Are India's Rich Investing Money?

Where Are India's Rich Investing Money?

Rediff.com18 Jun 2026

As the rupee weakens, wealthy families are accelerating investments in global assets.

Borrowers Beware! How You Handle Money Now Decides Your Loan

Borrowers Beware! How You Handle Money Now Decides Your Loan

Rediff.com25 Jun 2026

Lending is no longer just about what you've done. It is about how you manage money over time, says Mohit Jain, Co-founder, Finfinity.

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

Rediff.com16 Jun 2026

Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.

Q1 PSU Stake Sales Beat FY26 Divestment Total

Q1 PSU Stake Sales Beat FY26 Divestment Total

Rediff.com3 Jul 2026

Divestment has emerged as a priority for the government following a moderation in direct tax collections.

Gulf Crisis: How India Avoided Economic Turmoil

Gulf Crisis: How India Avoided Economic Turmoil

Rediff.com7 Jul 2026

Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.

Rs 10K Or Rs 1 Cr: Your NEET Rank Shapes College Costs

Rs 10K Or Rs 1 Cr: Your NEET Rank Shapes College Costs

Rediff.com9 Jul 2026

If your All India Rank (AIR) is in the three digits, you could get a seat at one of the prestigious AIIMS colleges and pay tuition fees of just under Rs 10,000 for the entire course. At the other end of the spectrum, if your AIR is in the lakhs, you could end up shelling out a crore at a private or deemed institution.

Former Income Tax Officer Sentenced to Jail in 19-Year-Old Bribery Case

Former Income Tax Officer Sentenced to Jail in 19-Year-Old Bribery Case

Rediff.com31 Mar 2026

A former Income Tax officer has been sentenced to six months' rigorous imprisonment by a special CBI court in Thane in a 19-year-old bribery case. The officer was convicted of taking a bribe of Rs 20,000 to finalise a tax security assessment.