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News for 'personal finance issues'

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'.

'Cyber attackers are 10 steps ahead'

'Cyber attackers are 10 steps ahead'

Rediff.com4 Apr 2023

'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'

HR GURU: Working Long Hours Important For Success?

HR GURU: Working Long Hours Important For Success?

Rediff.com24 Aug 2022

HR Guru Mayank Rautela offers practical advice.

Ex-Lanka Prez gets govt bungalow, special security on return

Ex-Lanka Prez gets govt bungalow, special security on return

Rediff.com3 Sep 2022

The ex-president returned to Sri Lanka on a Singapore Airlines flight.

Will You Find Love In 2023?

Will You Find Love In 2023?

Rediff.com3 Jan 2023

Chirag Daruwalla, who is following in the footsteps of his famed astrologer father, the late Bejan Daruwalla, tells you.

Will Droupadi Murmu Be A Consensus President?

Will Droupadi Murmu Be A Consensus President?

Rediff.com12 Jul 2022

From the point of view of qualification, Murmu is probably educationally the least qualified among India's recent Presidents. But then, with the BJP in command, she will be required to do little but sign on the dotted line.

China puts hold on proposal at UN to blacklist 26/11 LeT handler

China puts hold on proposal at UN to blacklist 26/11 LeT handler

Rediff.com17 Sep 2022

China has put a hold on a proposal moved at the United Nations by the United States and co-supported by India to designate Lashkar-e-Taiba (LeT) terrorist Sajid Mir, one of India's most wanted terrorists and the main handler of the deadly 2008 Mumbai attacks, as a global terrorist.

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.

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.

'The Mahabharat was fought on the issue of land'

'The Mahabharat was fought on the issue of land'

Rediff.com27 Feb 2015

'In North India, brother kills brother for a small piece of land. So if the perception goes that the government has come to snatch away land, then the issue can go to any extent.'

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).

Raised entry fee, visa issues to mar Pravasi Bharatiya Divas 2014?

Raised entry fee, visa issues to mar Pravasi Bharatiya Divas 2014?

Rediff.com6 Jan 2014

All we want from the government is to give us visa and they can't even deliver that, says Inder Singh, chairman of Global Organisation of People of Indian Origin International

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.

Don't unscramble scrambled egg, govt tells SC on note ban

Don't unscramble scrambled egg, govt tells SC on note ban

Rediff.com25 Nov 2022

Resisting the Supreme Court's attempt to revisit the 2016 demonetisation exercise, the government said on Friday the court cannot decide a matter when no tangible relief can be granted by way of "putting the clock back" and "unscrambling a scrambled egg".

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.'

India Inc's wishlist for the finance minister

India Inc's wishlist for the finance minister

Rediff.com7 Jul 2014

The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.

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.

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.

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.

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.

Aligarh Muslim University Needs Urgent Reforms!

Aligarh Muslim University Needs Urgent Reforms!

Rediff.com7 Mar 2023

Is it a divine, sacrosanct university, a holy cow, prohibiting human intervention?

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.

Sebi's expert panel to probe glitch at NSE, submit report by March 15

Sebi's expert panel to probe glitch at NSE, submit report by March 15

Rediff.com10 Mar 2021

The Securities and Exchange Board of India's (Sebi's) technical advisory committee has been mandated to probe the trading halt at National Stock Exchange (NSE) and fix accountability. The committee after a detailed examination would send its findings and recommendations to whole-time member Madbhi Puri Buch, to decide the future course of action, said two people in the know. The panel, which is currently chaired by Ashok Jhunjhunwala of IIT Madras, is learnt to have sought an explanation over two key issues from NSE: One on the effectiveness of interoperability as it was unable to migrate the trading positions; the other on laxity in switching it to the disaster recovery site.

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.

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.

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.

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.

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.

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.

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.

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.

Money troubles in your marriage: 3 Tips For You

Money troubles in your marriage: 3 Tips For You

Rediff.com17 Jul 2020

'When money has taken up almost all your space in the relationship, it is time to act,' advises marriage coach Leena Paranjpe.

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.

Do not lower your EPF contribution

Do not lower your EPF contribution

Rediff.com27 Dec 2019

If someone does reduce his contribution, he should scale it back to the 12% level as soon as he can, suggests Sanjay Kumar Singh.

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.

'Crypto not currency; needs to be regulated'

'Crypto not currency; needs to be regulated'

Rediff.com7 Sep 2021

Former RBI deputy governor R Gandhi on Tuesday made a case for treating and regulating crypto as a separate asset class with a view to enabling governments around the world to effectively deal with illegal activities associated with virtual currencies. After quite a lot of debate over the years, he said, people have fully understood that crypto cannot be a currency because the fundamental element of a currency- that it should be a legal tender- is missing in this case. He said that in this case, one cannot compel a crypto currency to be accepted by another person as it is not a legal tender.

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.'

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.

Sebi mulls separate department to check misuse of IPO funds

Sebi mulls separate department to check misuse of IPO funds

Rediff.com18 Dec 2020

The new wing will be known as the corporate finance investigation department, which will be headed by one of Sebi's executive directors. This department will have information technology solutions experts, particularly to detect the menace of frauds.

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