News for 'personal finance issues'

We need Modi the Thanedar, not Chowkidar

We need Modi the Thanedar, not Chowkidar

Rediff.com8 Apr 2022

I am not sure if Modi can ever act as a chowkidar, even if he wants to. But he can surely act as a thanedar, by ensuring a fast resolution of corruption cases once they come to light. Exemplary action is easier and will burnish his anti-corruption image, argues Debashis Basu.

Jharkhand govt forms panel to probe ropeway accident

Jharkhand govt forms panel to probe ropeway accident

Rediff.com20 Apr 2022

The committee will submit its report in two months and its chairperson can invite any expert of any institution in the country to help in the probe into the April 10 tragedy, a notification by Jharkhand tourism department said.

Rahul Bajaj, World's Favourite Indian

Rahul Bajaj, World's Favourite Indian

Rediff.com12 Apr 2022

'Rahul inspired Indian industry with an ethos, an ethos of being more confident, more independent, more thorough, more competitive, more generous, more public-spirited, and more national and more international all at once,' remembers Naushad Forbes.

Sitharaman announces 30% tax on crypto gains, 1% TDS on payments

Sitharaman announces 30% tax on crypto gains, 1% TDS on payments

Rediff.com1 Feb 2022

Union Finance Minister Nirmala Sitharaman on Tuesday announced that income from digital asset transfers will be taxed at a rate of 30 per cent. This move is seen as 'crypto tax'.

Radia tapes: SC to first hear issue of right to privacy

Radia tapes: SC to first hear issue of right to privacy

Rediff.com29 Apr 2014

A three-judge bench headed by Justice H L Dattu said it was of the view to segregate the issues in two parts as otherwise, it would be an unending exercise.

Delhi allows home delivery of liquor for orders placed on app, website

Delhi allows home delivery of liquor for orders placed on app, website

Rediff.com1 Jun 2021

The move will boost the government's revenue at a time when Delhi's economy is struggling in view of the Covid-induced lockdown that has been in place since April 19.

A Serendipitous Civil Service Career

A Serendipitous Civil Service Career

Rediff.com22 Dec 2022

Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top of the civil service as the Cabinet Secretary or his misfortune in losing a daughter in her prime and suggests that his career was indeed serendipitous, observes Ambassador T P Sreenivasan.

Congress takes on Modi over NSG, Swamy; to raise issues in Parliament

Congress takes on Modi over NSG, Swamy; to raise issues in Parliament

Rediff.com27 Jun 2016

Trouble is brewing for government in the monsoon session of Parliament, which is expected to start next month, with the Congress on Monday hinting at stacking up ammunition on issues like failure at the Nuclear Suppliers Group, terror strikes and diatribes of Subramanian Swamy.

Direct tax collection soars 48% in FY22, advance tax payment up 41%

Direct tax collection soars 48% in FY22, advance tax payment up 41%

Rediff.com17 Mar 2022

India's collection from tax on personal and corporate income jumped over 48 per cent in the current fiscal after a 41 per cent surge in advance tax payments, mirroring sustained economic recovery in a year that witnessed two waves of coronavirus infections. Net collections of direct taxes until March 16, 2022, in the fiscal year that started on April 1, 2021, stood at Rs 13.63 lakh crore compared to Rs 9.18 lakh crore in the same period a year back, an official statement said. The net collections in direct taxes, which is made up of income tax on individual income, corporation tax on profits of companies, property tax, inheritance tax and gift tax, in the current fiscal is 35 per cent higher than the collection of Rs 9.56 lakh crore in the pre-pandemic year of 2019-20 (April 2019 to March 2020).

LG-Kejriwal tussle refuses to die down despite one-hour meeting

LG-Kejriwal tussle refuses to die down despite one-hour meeting

Rediff.com14 Jan 2023

Kejriwal alleged that for the last few months, the interference of the lieutenant governor in the elected government's working has increased day by day.

Punjab govt to finance return of men stranded in Iraq

Punjab govt to finance return of men stranded in Iraq

Rediff.com21 Jun 2014

With over 200 people from Punjab stranded in strife-torn Iraq, the state government has decided to bear the expenses for bringing them back safely.

Talks going on to help Ukraine evacuees complete their education: EAM

Talks going on to help Ukraine evacuees complete their education: EAM

Rediff.com6 Apr 2022

Responding to a discussion in Lok Sabha on the situation in Ukraine, Jaishankar said the Ukrainian government too has offered relaxation for students for taking two key examinations in their medical education courses.

Budget may restore standard deduction

Budget may restore standard deduction

Rediff.com19 Jan 2017

In simple terms, it refers to a deduction allowed in income tax, irrespective of expenses incurred or investment made by assessees.

LOVE GURU: Is my boyfriend bored of me?

LOVE GURU: Is my boyfriend bored of me?

Rediff.com3 Oct 2022

'You shouldn't marry because the relationship has become a habit', warns Love Guru.

Twice suspended, Mumbai cop Waze now dismissed from service

Twice suspended, Mumbai cop Waze now dismissed from service

Rediff.com11 May 2021

A 1990-batch officer of the Maharashtra cadre, Waze, also known as an "encounter cop", was earlier suspended after his arrest by the National Investigation Agency in the SUV-cum-murder case on March 13.

Can Nitish-Tejashwi's second coming stem Bihar's rot?

Can Nitish-Tejashwi's second coming stem Bihar's rot?

Rediff.com12 Aug 2022

Various indicators make it amply clear that there are grave challenges facing the new government of Chief Minister Nitish Kumar, reports Indivjal Dhasmana.

PM Modi, other top BJP leaders pay tributes to Jaitley

PM Modi, other top BJP leaders pay tributes to Jaitley

Rediff.com28 Dec 2020

"Remembering my friend, Arun Jaitley Ji on his birth anniversary. His warm personality, intellect, legal acumen and wit are missed by all those he closely interacted with. He worked tirelessly for India's progress," Modi tweeted.

Budget: 'Big challenge is inflation'

Budget: 'Big challenge is inflation'

Rediff.com31 Jan 2022

'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy.'

Kerala governor reads out criticism of Centre in House address as Oppn cries foul

Kerala governor reads out criticism of Centre in House address as Oppn cries foul

Rediff.com18 Feb 2022

Amid the opposition UDF's sloganeering against him, Kerala Governor Arif Mohammed Khan on Friday delivered the customary address to the assembly with the policy document outlining the Left government's administrative achievements and criticising the Centre for allegedly pushing the state to financial constraints by reducing its resource allocations.

10 Safe Stocks To Bet In Volatile Market

10 Safe Stocks To Bet In Volatile Market

Rediff.com20 Mar 2023

10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.

Senior diplomat heads Indian team to Kabul on first visit since Taliban takeover

Senior diplomat heads Indian team to Kabul on first visit since Taliban takeover

Rediff.com2 Jun 2022

India has sent a team to Kabul to oversee the delivery of India's humanitarian assistance to Afghanistan and hold discussions with the Taliban over the aid provided by New Delhi.

Editors Guild calls FinMin's order for scribes a 'gag'

Editors Guild calls FinMin's order for scribes a 'gag'

Rediff.com10 Jul 2019

The guild, in a statement, said it has no dispute with the ministry that journalists should behave with restraint and responsibility while enjoying their access to the finance ministry, but a blanket order is not the answer.

10 Reasons Startups Fail

10 Reasons Startups Fail

Rediff.com4 Jul 2022

What is your USP?
Why should your customers come to only you and nobody else? What particular problem are you solving? Solve these puzzles before launching a stat up suggests Rajiv Talreja.

Record Rs 32,000 Crore Seized in Tax Raids

Record Rs 32,000 Crore Seized in Tax Raids

Rediff.com24 Jan 2022

Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion.

In final speech as VP Naidu deplores 'freebie culture'

In final speech as VP Naidu deplores 'freebie culture'

Rediff.com9 Aug 2022

The remarks by Naidu in his last address as the country's Vice President came even as Telangana's ruling Telangana Rashtra Samithi RS said the welfare of poorer sections of society is not a freebie and that welfare measures taken by governments should continue.

GST transitional issues: What more needs to be done

GST transitional issues: What more needs to be done

Rediff.com6 Jun 2017

An area of worry relates to simplification of the refund procedure where the inverted duty structure prevails

India plays 26/11 plotter Sajid Mir's audio at UN anti-terror meet in Mumbai

India plays 26/11 plotter Sajid Mir's audio at UN anti-terror meet in Mumbai

Rediff.com28 Oct 2022

In the audio clip, he is heard directing the attack on Chabad House during Mumbai 26/11 terror attacks.

Congress reforms: Sonia to form advisory group

Congress reforms: Sonia to form advisory group

Rediff.com15 May 2022

The Congress president also announced that a compact task force will be set up to drive the process of internal reforms that are essential.

Short-Term FDs Best Bet In Rising-Rate Scenario

Short-Term FDs Best Bet In Rising-Rate Scenario

Rediff.com2 Jun 2022

'FDs should hold your emergency funds, equivalent to around 6-12 times your monthly expenses.'

DDCA issue rocks Lok Sabha, Kirti Azad joins Congress protest

DDCA issue rocks Lok Sabha, Kirti Azad joins Congress protest

Rediff.com21 Dec 2015

Kirti Azad, a known detractor of Jaitley, egged on the Congress to seek a time-bound SIT probe.

BCCI trashes reports of women players not being paid

BCCI trashes reports of women players not being paid

Rediff.com26 May 2021

BCCI official says while the board has tightened the system further, issues raised by players are swiftly answered by the finance department.

Biden blocks investments in Ukraine rebel regions, plans new sanctions

Biden blocks investments in Ukraine rebel regions, plans new sanctions

Rediff.com22 Feb 2022

The executive order also provides authority to impose sanctions on any person determined to operate in those areas of Ukraine.

Don't deny Rs 50K ex gratia in Covid deaths, SC tells states

Don't deny Rs 50K ex gratia in Covid deaths, SC tells states

Rediff.com4 Oct 2021

The Supreme Court Monday said no state should deny the ex-gratia compensation of Rs 50,000, as recommended by National Disaster Management Authority (NDMA), to the kin of persons who died of COVID-19 on the sole ground that death certificate does not mention it as the cause of death.

20-30% new products may be open to USFDA inspection

20-30% new products may be open to USFDA inspection

Rediff.com23 May 2022

With all major US export-oriented drug manufacturing plants in the country up for inspection in 2022, some estimates peg that at least 20-30 per cent of the new product launches lined up for the US will be subject to on-site inspection by the US Food and Drug Administration (USFDA). The last two years saw limited physical inspections due to travel restrictions during the pandemic. "Pre-Covid, the frequency and number of inspections of manufacturing plants in India by USFDA had increased significantly," analysts from ICICI Securities Research noted. "With growing ANDA filings, especially for complex products. "We expect this trend to return with the environment normalising," analysts from ICICI Securities Research noted.

ECI Ruling: What Are Uddhav's Political Options?

ECI Ruling: What Are Uddhav's Political Options?

Rediff.com23 Feb 2023

Uddhav Thackeray and his followers have the option to stop riding a tiger and commence work around a more meaningful and enduring political ideology. It is an option Eknath Shinde's side may not have, supported as they were by the BJP, to maintain continuity of the old Sena, argues Shyam G Menon.

Sebi cuts lock-in period for promoters to 18 months post-IPO

Sebi cuts lock-in period for promoters to 18 months post-IPO

Rediff.com17 Aug 2021

Markets regulator Sebi has reduced the minimum lock-in period for promoters' investment post an initial public offering (IPO) to 18 months from three years, under certain conditions. The move comes at a time when many companies are looking to list on the stock exchanges. In addition, the Securities and Exchange Board of India (Sebi) has streamlined disclosures requirements of group companies.

Pawar hosts 2-hr 'non-political' meet of Oppn leaders

Pawar hosts 2-hr 'non-political' meet of Oppn leaders

Rediff.com22 Jun 2021

Leaders of several opposition parties including the Trinamool Congress, the Samajwadi Party, the Aam Aadmi Party, the Rashtriya Lok Dal and the Left assembled at Nationalist Congress Party chief Sharad Pawar's residence in New Delhi on Tuesday and discussed various issues facing the country, amid intense speculation about the possibility of a third front against the ruling Bharatiya Janata Party.

AMU's Governance Structure Is Democratic, Not Divine

AMU's Governance Structure Is Democratic, Not Divine

Rediff.com18 Mar 2023

These self-appointed well-wishers of AMU are basically for the control or police model of university governance. They have no faith whatsoever in the democratic functioning of the universities, observes Faizan Mustafa, former dean, Faculty of Law, and Registrar, Aligarh Muslim University.

Few flaws RBI could have avoided while issuing payments bank licences

Few flaws RBI could have avoided while issuing payments bank licences

Rediff.com20 Sep 2015

Bank licencing has been a "once in a decade" affair and so it could well be that we don't face this process anytime soon.

TCS bags electronic passport mandate from MEA

TCS bags electronic passport mandate from MEA

Rediff.com8 Feb 2022

Tata Consultancy Services (TCS) has bagged -- from the Ministry of External Affairs -- the contract for delivering electronic passports (e-passports), according to sources. This deal is in addition to the second phase of implementing the Passport Seva Program, which the company got from the ministry. Players such as Thales India and HP participated in this deal, which is expected to be of Rs 1,000-1,200 crore.