rediffGURU Vipul Bhavsar answers readers' personal income tax queries
The Shiromani Akali Dal (Punar Surjit) has launched its 'vision document' outlining its ideological direction and commitment to the rise of the 'Panth' and the progress of Punjab. The 'Akali Declaration 2026' addresses issues concerning youth, farmers, women, and other sections of society, with a focus on education, health, and internal party reforms.
The National Commission for Women (NCW) has submitted a comprehensive set of recommendations to various central ministries, outlining a survivor-centric framework to enhance care, justice, and rehabilitation for acid-attack victims.
The Enforcement Directorate (ED) conducted searches at 19 locations in Haryana and Chandigarh concerning the alleged embezzlement of Rs 590 crore from Haryana government accounts held with IDFC First Bank. The investigation focuses on identifying business entities involved in concealing the money trail and proceeds of the crime.
The government bond yield curve is likely to flatten in the financial year 2027 (FY27) as the Reserve Bank of India (RBI) is expected to ease supply pressure in the ultra-long segment. In FY26 so far, reduced investments by insurance companies and pension funds pushed up yields on ultra-long tenor securities, steepening the curve.
The Lok Sabha has passed a bill recognising Amaravati as the sole and permanent capital of Andhra Pradesh, solidifying the city's status after years of debate and uncertainty. The bill aims to prevent future changes to the capital and received support from both the ruling NDA and the opposition Congress, while the YSR Congress Party opposed the bill.
India has launched its first repository of data on major psychiatric disorders, CALM-Brain, in Bengaluru. This initiative aims to systematically document details of patients with mental illness to improve diagnosis and treatment.
Punjab Chief Minister Bhagwant Mann has accused the central government of providing special treatment to gangster Lawrence Bishnoi, who is accused in the Sidhu Moosewala murder case. Mann's criticism comes after Union Minister Amit Shah spoke about gang activities in Punjab.
Punjab Chief Minister Bhagwant Mann has strongly criticised Aam Aadmi Party members who defected to the BJP, labelling them as 'traitors' and accusing the BJP of attempting to destabilise the AAP government in Punjab.
Elevated global crude oil and natural gas prices, driven by geopolitical developments in West Asia, could significantly influence the Government of India's fiscal position for 2026-27, according to a report by ratings agency Icra.
Mumbai police have arrested a man from Gujarat for his alleged involvement in a cyber fraud case where a senior citizen was duped of Rs 2.25 crore after being threatened with arrest in a fake terrorism-related probe.
Senior BJP leader Suvendu Adhikari has accused the West Bengal government of deliberately withholding central allocations for social welfare projects, including Ayushman Bharat and PM Awas Yojana, impacting millions of citizens. He also criticised the state's handling of farmer support and public distribution systems.
Fraudsters in Thane, Maharashtra, allegedly duped 11 residents by promising low-cost housing under a government scheme and forging their credentials to open bank accounts for larger financial transactions.
The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded from the scope of the General Anti-Avoidance Rules (GAAR), addressing industry concerns about retrospective application.
Withdrawing the amount each time you move job(s), or otherwise, can make a huge dent in your retirement corpus.
Pakistan hockey captain Shakeel Ammad Butt has criticized the national federation following a problematic tour of Australia, citing issues with accommodation and team management.
The Jammu and Kashmir Police's Counter Intelligence Wing (CIK) has dismantled a sophisticated international cyber fraud racket, arresting seven individuals in Srinagar. The operation targeted victims in the USA, UK, and Canada, using advanced techniques to steal funds through deceptive online schemes.
A Delhi court has remanded I-PAC co-founder Vinesh Chandel to the Enforcement Directorate's custody for 10 days in connection with a money laundering case involving alleged diversion of funds worth crores of rupees.
Prime Minister Narendra Modi and West Bengal Chief Minister Mamata Banerjee engaged in a war of words during election rallies, with Modi accusing the TMC of supporting divisive forces and Banerjee alleging the BJP plans to divide the state.
Chief Secretary Atal Dulloo announced that the Census 2027 will be a fully digital and paperless exercise, utilising mobile technology, AI, and cloud computing for accuracy and efficiency, marking a shift towards data-driven governance.
A significant majority (57%) of India's investment advisors are concentrated in just five metro cities, leading to concerns about financial inclusion and the spread of financial market products beyond urban centres, according to a Business Standard analysis of Sebi data.
If Trump wants peace with Iran, Pakistan will offer to help. If Trump seeks Pakistan's aid to spy on Iran, then too Munir will not hesitate to chip in. At the same time, the ISI will not hesitate to tip off Iran now and then, points out M R Narayan Swamy.
'Courts are not moved by spectacle. They act when the facts, as they stand, call for the law to step in.'
A combination of security pressure and rehabilitation efforts has significantly weakened Naxalism in India, leading to numerous surrenders and the elimination of key leaders.
'There are certain sovereign AI domains where we must build capabilities using our own data, our own language models, and make our own attempts at global models.'
EPF has traditionally been the only tool for Indians, especially the salaried class, to save for their retirement corpus.
The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.
A roof collapse at a government building in Pakistan's Punjab province has resulted in the deaths of eight women and injuries to over 30 others. The women were gathered at the building to receive financial assistance under the Benazir Income Support Programme (BISP).
Senior Congress leader Shashi Tharoor criticised the government's decision to link women's reservation with the expansion of Parliament, calling delimitation a 'political demonetisation'. He argued that women's reservation should be implemented immediately based on existing parliamentary strength.
'Neither do the Israelis. The two attacking parties have very little economic interest in Hormuz.'
'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'
The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.
The 100 per cent withdrawal provision and the 25 per cent minimum balance provision have led to some confusion.
Gurugram police arrested three men, including an IIT student, for allegedly working with foreign-based cyber fraudsters, providing bank accounts and handling transactions for a commission.
Haryana Chief Minister Nayab Singh Saini criticised the Aam Aadmi Party's governance in Punjab, citing issues such as drug addiction, crime, and financial instability. He promoted the BJP as an alternative, highlighting their development agenda and commitment to fulfilling promises.
The Himachal Pradesh government has ordered a fresh inquiry into the Chester Hill land case in Solan, following opposition allegations of a 'benami' land deal and violations of land laws. This decision comes after the withdrawal of a previous order that had questioned the initial inquiry's legality.
Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.
A US judge has granted Gautam Adani's request for a hearing to dismiss a US Securities and Exchange Commission (SEC) fraud case, with Adani's legal team arguing the case lacks jurisdiction and credible evidence.
In a bid to de-escalate Middle East tensions, the US has presented Iran with a comprehensive 15-point peace plan focusing on nuclear disarmament and regional stability in exchange for sanctions relief.
Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.
