News for 'personal finance issues'

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.

I may be poor but not weak: Channi's retort to Sidhu

I may be poor but not weak: Channi's retort to Sidhu

Rediff.com6 Nov 2021

Sidhu in a press conference on Friday had questioned the Channi-led state government over the steps taken for the delivery of justice in the cases of desecration of the Guru Granth Sahib and drug trafficking.

SVB fallout: Indian start-ups staring at uncertain future

SVB fallout: Indian start-ups staring at uncertain future

Rediff.com21 Mar 2023

Indian start-ups breathed a sigh of relief after the UK government facilitated the acquisition of the now-defunct Silicon Valley Bank's (SVB's) British arm by HSBC. In a bid to allay fears, the US Federal Deposit Insurance Corporation (FIDC) announced recently that it had transferred all deposits of start-up-focused SVB to a newly created bridge bank and all depositors would have access to their money. President Joe Biden also sought to reassure jittery depositors that they can have confidence that the US banking system is "safe".

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.

ASK HR GURU: Is it okay to moonlight?

ASK HR GURU: Is it okay to moonlight?

Rediff.com1 Nov 2022

HR Guru Mayank Rautela offers practical advice.

RBL Bank: Strange Corner Office Changes

RBL Bank: Strange Corner Office Changes

Rediff.com5 Jul 2022

One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.

Indo-US ties: Force for good: Modi; Among closest on Earth: Biden

Indo-US ties: Force for good: Modi; Among closest on Earth: Biden

Rediff.com24 May 2022

Biden praised India's Covid vaccination efforts.

Kumaraswamy offers to swap second preference votes with Congress in RS polls

Kumaraswamy offers to swap second preference votes with Congress in RS polls

Rediff.com7 Jun 2022

Offering to trade second preference votes with the Congress, Janata Dal-Secular leader H D Kumaraswamy on Tuesday said his main agenda is to defeat the Bharatiya Janata Party in the contest for fourth seat, during the June 10 Rajya Sabha polls from Karnataka.

India's Billionaire Club Shrinks....

India's Billionaire Club Shrinks....

Rediff.com5 Jan 2023

Among the many exits from the billionaire's club in 2022 are D Uday Kumar Reddy of Tanla Solutions (net worth down 66 per cent), Sushil Kanubhai Shah of Metropolis Healthcare (down 65.7 per cent), Vijay Shekhar Sharma of One97 Communications (down 66 per cent), and C K Birla (down 43.4 per cent).

India-Pak ties nosedive to new low in 2022 post Bilawal attack on Modi

India-Pak ties nosedive to new low in 2022 post Bilawal attack on Modi

Rediff.com23 Dec 2022

This year saw no improvement in bilateral ties as India accused Pakistan of cross-border infiltration and re-activation of terror-launching pads near the LoC.

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'.

President gives nod to CrPC, merger of Delhi civic bodies bills

President gives nod to CrPC, merger of Delhi civic bodies bills

Rediff.com19 Apr 2022

The CrPC (Identification) Bill empowers the police to obtain physical and biological samples of convicts and those accused of crimes while the DMC (Amendment) Bill, 2022 seeks to unify the three civic bodies in the national capital.

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.

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.

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).

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.

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.

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.'

'Will I die without ever knowing love?'

'Will I die without ever knowing love?'

Rediff.com3 Mar 2023

'Love will always be a mystery.' 'The day it stops being a mystery it won't exist.'

Poll star Sitharaman woos middle class, women with tax and savings sops

Poll star Sitharaman woos middle class, women with tax and savings sops

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Why Bommai kept cabinet expansion in cold storage since his takeover in 2021

Why Bommai kept cabinet expansion in cold storage since his takeover in 2021

Rediff.com28 Mar 2023

Several loyal party old guards were unhappy and had expressed their displeasure openly about "migrants" scuttling the chances of them becoming ministers.

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.

'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.'

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".

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.

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.

'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.