News for 'refund'

Updated ITR: What You Must Know

Updated ITR: What You Must Know

Rediff.com5 Feb 2025

'Once filed, it cannot be revised or rectified.'

New guidelines launched for Kota's coaching centers, hostels

New guidelines launched for Kota's coaching centers, hostels

Rediff.com26 Feb 2025

The Kota district administration has released new guidelines for coaching centers and hostels under the 'Kota Cares' Campaign to reduce the cost of living for students preparing for competitive exams. The new guidelines include the elimination of security and caution money, a maintenance fee of Rs 2,000, anti-suicide ceiling fans, and mandatory gatekeeper training for hostel staff. The campaign aims to attract more students to Kota after a sharp decline in enrollment due to the pandemic.

What India's Absence In WTC Final Cost Lord's

What India's Absence In WTC Final Cost Lord's

Rediff.com11 Mar 2025

Lord's suffers a loss of 4 million pounds in ticket sales due to India's absence in WTC final.

Tax Refund: 'No Response From IT Dept'

Tax Refund: 'No Response From IT Dept'

Rediff.com25 Nov 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

'How Can I Calculate Long Term Gains On Shares Sold?'

'How Can I Calculate Long Term Gains On Shares Sold?'

Rediff.com7 Jan 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

'A TDS refund is only possible by way of...'

'A TDS refund is only possible by way of...'

Rediff.com18 Jan 2023

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

GST collection rises 8.5% to Rs 1.82 lakh cr in Nov

GST collection rises 8.5% to Rs 1.82 lakh cr in Nov

Rediff.com2 Dec 2024

Gross GST collections grew 8.5 per cent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season.

No Of Nil Tax Returns Nearly Doubles In 5 Years

No Of Nil Tax Returns Nearly Doubles In 5 Years

Rediff.com11 Feb 2025

ITRs with zero tax liability have increased to 55.7 million in FY25.

Why Tailor Your Travel Insurance

Why Tailor Your Travel Insurance

Rediff.com20 Dec 2024

Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.

Buyers Entitled To Market Value On Flat Resale

Buyers Entitled To Market Value On Flat Resale

Rediff.com7 Jan 2025

The National Commission condemned the builder for creating third-party rights during litigation, thereby depriving the buyer of a permanent roof over his head, points out Jehangir B Gai.

Gift City Helps Ahmedabad's Rise As Trading Powerhouse

Gift City Helps Ahmedabad's Rise As Trading Powerhouse

Rediff.com28 Feb 2025

The share of Ahmedabad in the total value of trades on both the BSE and NSE is set to touch double digits for the third year in a row.

Sensex, Nifty surge nearly 2% on buying in financial, IT stocks

Sensex, Nifty surge nearly 2% on buying in financial, IT stocks

Rediff.com2 Jan 2025

From 30 Sensex shares, Bajaj Finserv jumped nearly 8 per cent while Bajaj Finance soared over 6 per cent. Maruti, Titan, Mahindra, Mahindra & Mahindra, Infosys, HCL Tech, Zomato, UltraTech Cement and Kotak Mahindra Bank were the other major gainers. Sun Pharma emerged as the only laggard.

Modi slams 'Lutyens Jamaat, Khan Market Gang' over British-era dance ban

Modi slams 'Lutyens Jamaat, Khan Market Gang' over British-era dance ban

Rediff.com1 Mar 2025

Prime Minister Narendra Modi asserted that his "vocal for local" campaign is bearing fruit as Indian products are going global and making their presence felt across the world. He said that India was becoming the land of infinite innovations, finding affordable solutions and offering them to the world. The prime minister also highlighted the country's rising defense products, electronics, automobile sector, and the success of superfoods, Ayush products, and yoga. He said India should be presented to the world as it is, without any bias. Modi said that the country was now emerging as a manufacturing hub and a "factory of the world." He added that India was creating solutions that were affordable, accessible, and adaptable, and offering them to the world without gatekeeping.

Air India processes refunds worth over Rs 150 crore after privatisation

Air India processes refunds worth over Rs 150 crore after privatisation

Rediff.com27 Sep 2022

Air India said on Monday that it has processed passengers refunds of more than Rs 150 crore during the first few months after its privatisation. After winning the bid for Air India on October 8 last year, the Tata Group took charge of the airline on January 27. Since then, the airline has been taking multiple steps to address the legacy issues such as stuck refunds.

Angry parents throng closed FIITJEE centres

Angry parents throng closed FIITJEE centres

Rediff.com26 Jan 2025

Parents of students were incensed over the abrupt closure of FIITJEE centres in Noida and Ghaziabad, demanding government intervention and refunds. FIITJEE founder D K Goyal and 11 others were booked after several of its centres in Delhi-NCR shut down abruptly, the Noida Police said. Parents reported paying lakhs of rupees in fees and expressed concerns about the future of their children's education. The police launched a probe in Delhi after allegations of fraudulent practices and mismanagement at the FIITJEE's East Delhi centre.

What The Budget Has For Senior Citizens

What The Budget Has For Senior Citizens

Rediff.com3 Feb 2025

'The increase in the limit for TDS on interest to Rs 1 lakh will ensure greater cash flow in the hands of senior citizens.'

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Rediff.com25 Feb 2025

The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.

Agent promised legal US entry, spent around Rs 50L but....: Deportee

Agent promised legal US entry, spent around Rs 50L but....: Deportee

Rediff.com18 Feb 2025

Rohit, a young man from Punjab, India, was deported from the United States after a perilous journey that cost him his life savings and left his family in financial ruin. He had been promised legal entry to the U.S. by a travel agent in Amritsar, but his hopes were dashed when he was apprehended for illegally crossing the border. The ordeal highlights the risks associated with illegal migration and the exploitation faced by vulnerable individuals seeking a better life.

GST collections rise 10% to Rs 1.75 lakh cr in Aug

GST collections rise 10% to Rs 1.75 lakh cr in Aug

Rediff.com1 Sep 2024

Gross GST collections in August grew 10 per cent to about Rs 1.75 lakh crore, reflecting higher domestic consumption. As per the government data released on Sunday, gross GST revenues from domestic transactions grew 9.2 per cent to about Rs 1.25 lakh crore. Revenues from import of goods were up 12.1 per cent to Rs 49,976 crore.

'Will My Health Insurance Premium Increase If...?'

'Will My Health Insurance Premium Increase If...?'

Rediff.com26 Dec 2024

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Want To Join The Indian Air Force?

Want To Join The Indian Air Force?

Rediff.com12 Dec 2024

The Air Force Common Admission Test (AFCAT) exam is scheduled to be held on February 22, 2025 and February 23, 2025.

'NCLAT Verdict Bittersweet For CCI, Meta'

'NCLAT Verdict Bittersweet For CCI, Meta'

Rediff.com24 Jan 2025

'Each side could consider challenging the NCLAT's stay order before the Supreme Court.'

Capex shrinks as fiscal deficit reaches 52% of FY25 estimate: CGA data

Capex shrinks as fiscal deficit reaches 52% of FY25 estimate: CGA data

Rediff.com1 Jan 2025

The government's capital expenditure in the April-November period of financial year 2024-25 (FY25) continued to contract with a 12.3 per cent decline year-on-year (Y-o-Y), according to data released by the Controller General of Accounts on Tuesday.

Want A US Visa? Pray to Lord Hanuman!

Want A US Visa? Pray to Lord Hanuman!

Rediff.com20 Feb 2025

As the US gets tougher with visas, the prayers of US-bound devotees in India are getting more fervent, and their purse strings looser. Called Visa Hanuman temples (there are half a dozen all over India), some of them ask for a 'fee'.

Net direct tax mop up rises 16% to Rs 9.95 lakh cr till Sep 17

Net direct tax mop up rises 16% to Rs 9.95 lakh cr till Sep 17

Rediff.com18 Sep 2024

Net direct tax collection grew 16.12 per cent to over Rs 9.95 lakh crore so far this fiscal on higher advance tax mop up. Refunds worth over Rs 2.05 lakh crore were issued, a 56.49 per cent jump over the same period last fiscal. The net personal income tax (PIT) collection grew 19 per cent to Rs 5.15 lakh crore between April 1 and September 17.

Flat buyers of Supertech's twin towers will be refunded in full

Flat buyers of Supertech's twin towers will be refunded in full

Rediff.com26 Aug 2022

The Supreme Court Friday assured the home buyers of the to-be-razed 40-storey twin-towers of real estate firm Supertech in Noida that they will be refunded the full amount deposited with the builder. The apex court also asked the Interim Resolution Professional (IRP) of the firm, facing insolvency proceedings, to deposit Rs one crore with the apex court registry. The Supertech's 40-storey twin towers at Emerald Court Project of Sector 93A of Noida are scheduled to be razed on August 28.

GST records second-highest collection at Rs 1.87 lakh cr in Oct

GST records second-highest collection at Rs 1.87 lakh cr in Oct

Rediff.com1 Nov 2024

Gross GST collection grew 9 per cent to over Rs 1.87 lakh crore in October on higher revenues from domestic transactions. The Central GST collection stood at Rs 33,821 crore, State GST at Rs 41,864 crore, Integrated IGST at Rs 99,111 crore and cess at Rs 12,550 crore.

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

Rediff.com28 Jan 2025

Defying the bearish sentiment in the markets on Monday, ICICI Bank's share price rose by 2 per cent, reaching an intraday high of Rs 1,234.4 per share on the BSE. With a 1.5 per cent gain at the close, the stock emerged as the top performer on both the BSE Sensex and the National Stock Exchange Nifty 50 indices.

Adani Green scraps $600 mn bond sale after bribery charges

Adani Green scraps $600 mn bond sale after bribery charges

Rediff.com21 Nov 2024

Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, on Thursday scrapped a Rs 600 million bond issue after its promoter was charged in an alleged bribery case in the US. Hours before the US prosecutors charged Gautam Adani and associates with participating in a scheme to pay over Rs 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts, the firm sold a 20-year green bond in the US-investment-grade market.

How To Stay Safe From UPI Frauds

How To Stay Safe From UPI Frauds

Rediff.com2 Dec 2024

Link your UPI app to a separate bank account or wallet that has only a limited sum.

CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards

CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards

Rediff.com2 Jan 2025

In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and services tax (GST) treatment of transactions involving vouchers. According to the CBIC, vouchers can be categorised into two types.

Net direct tax collection grows 18% to Rs 11.25 lakh cr

Net direct tax collection grows 18% to Rs 11.25 lakh cr

Rediff.com11 Oct 2024

Net direct tax collection grew 18.3 per cent to about Rs 11.25 lakh crore as of October 10 this fiscal, government data showed on Friday. The mop-up includes personal income tax collection of Rs 5.98 lakh crore and corporate tax collection of Rs 4.94 lakh crore.

NPCI Lists Digital Scam Warning Signs

NPCI Lists Digital Scam Warning Signs

Rediff.com18 Dec 2024

UPI-related frauds have accounted for a cumulative loss of Rs 2,145 crore across 2.7 million reported incidents.

This US Congressman takes oath on Bhagavad Gita

This US Congressman takes oath on Bhagavad Gita

Rediff.com7 Jan 2025

Subramanyam's mother, who immigrated through Dulles Airport, watched her son being sworn-in on the Bhagavad Gita.

Capital Gain on Redeveloped Property: Your Tax Qs Answered

Capital Gain on Redeveloped Property: Your Tax Qs Answered

Rediff.com24 Sep 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on Nov 25

Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on Nov 25

Rediff.com16 Oct 2024

Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.

Missed Tax Return Deadline? What To Do

Missed Tax Return Deadline? What To Do

Rediff.com13 Aug 2024

Submitting a late return helps you stay compliant with tax regulations and avoid legal issues.

Direct tax mop-up rises 20% to Rs 5.74 lakh cr on higher corporate advance tax

Direct tax mop-up rises 20% to Rs 5.74 lakh cr on higher corporate advance tax

Rediff.com13 Jul 2024

Net direct tax collection grew 19.54 per cent to over Rs 5.74 lakh crore so far this fiscal on higher advance tax payment by corporate. The first instalment of advance tax, which was due on June 15, rose 27.34 per cent to Rs 1.48 lakh crore. This includes Corporation Income Tax (CIT) at Rs 1.14 lakh crore and Personal Income Tax (PIT) at Rs 34,470 crore.

Disquieting Deeds Can't Wipe Out Work AAP Has Done

Disquieting Deeds Can't Wipe Out Work AAP Has Done

Rediff.com13 Feb 2025

'A government whose policies are focused around making the life of ordinary citizens, specially the most deprived sections, richer; a government that prioritises education, health and transport, that doesn't treat its citizens as subjects who must come to it for everything, is rare in our country.' 'When such a government is thrown out, one is left stunned,' notes Jyoti Punwani.

TAX GURU: 'How to claim refund of excess tax on pension fund?'

TAX GURU: 'How to claim refund of excess tax on pension fund?'

Rediff.com25 Jul 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.