India, the biggest contributor to world demand for oil, will bring into effect in an overhaul of its drilling policy. This comes after more than a year of preparation and will boost the exploration and development of India's oil and gas sector along with increased participation by foreign drillers
Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.
Sitiveni Rabuka's visit to New Delhi marks a major shift in India-Fiji ties as the former coup leader who once expelled India's envoy now returns as an honoured guest, explains Ambassador T P Sreenivasan.
England have only drawn one from 35 Tests in the McCullum-Stokes regime, with one of their exhilarating run chases in that spell coming when they reached 378 against India in 2022 -- the only time India have lost when defending Test totals of more than 350.
Several Bangladeshis, who have come to Kolkata either for medical treatment or education or other purposes, are now stranded in the city and concerned about the ongoing violence and abrupt change of regime in their country.
Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.
Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.
'If a taxpayer opts for the new tax regime once, he can only switch back to the old tax regime once in his lifetime.'
Bangladesh's top legal official has proposed to remove the words 'secularism' and 'socialism' from the Constitution apart from a provision prescribing capital punishment for regime change through extra-constitutional means.
In a bold push to expand India's talent pool, AIFF president Kalyan Chaubey has revealed that the federation is actively pursuing the inclusion of Overseas Citizens of India (OCI) in the national football team.
Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.
England captain Ben Stokes went on to call Jofra Archer an 'incredibly gifted cricketer', irrespective of the colour of the ball in his hand.
India-US relations, like Rome, were not built in a day, nor can they be demolished in a day.
All said and done, when the new global order emerges, India can only remain with the democracies, asserts Ambassador T P Sreenivasan.
The Congress on Tuesday claimed that there are "far deeper reasons" for Jagdeep Dhankhar's resignation as the vice president than the health reasons cited by him, and said his resignation speaks highly of him but poorly of those who got him elected to the post.
At the end of the day, this isn't about choosing between EMIs and SIPs. It's about choosing your path to financial freedom.
Bangladesh's Chief Adviser Muhammad Yunus has called upon China to expand its economic influence in Bangladesh, controversially mentioning that India's northeastern states being landlocked could present an opportunity. Yunus, who recently visited China and met with President Xi Jinping, highlighted Bangladesh's role as the "only guardian of the ocean " in the region, suggesting it could be a pathway for Chinese economic expansion. This statement has sparked debate, with Sanjeev Sanyal, a member of Prime Minister Narendra Modi's economic advisory council, questioning the relevance of India's landlocked states in Yunus' appeal to China. Yunus, however, emphasized the importance of a strong friendship with China, viewing it as a counterbalance to India. During his visit, Yunus signed nine agreements with Beijing and secured USD 2.1 billion in investments, loans, and grants from the Chinese government and companies.
'The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy policies for saving tax.' 'The tax-saving value proposition for the sector reduces.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Addressing a massive Martyrs' Day rally in Kolkata, Banerjee gave a clarion call to defeat the Bharatiya Janata Party in the 2026 assembly elections and eventually oust it from power at the Centre, declaring, "If this linguistic profiling doesn't stop, our resistance movement will reach New Delhi."
'The logic every one of our neighbours must realise is that working with India will give you benefits, and not working with India has a cost.'
India on Thursday said it expects the United States to consider visa applications of Indian students on merit amid growing concerns over the Trump administration halting new student visa interviews.
rediffGURU T S Khurana answers readers' personal income tax queries.
The Quad grouping has called for bringing the perpetrators, organisers and financiers of the Pahalgam terror attack to justice without any delay and urged UN member nations to extend cooperation for it.
Organise your PAN, Form 16, Form 26AS, AIS, and all other proofs before e-filing.
The new income tax regime for filing returns has been "sweetened" in the Budget 2023-24 and it will be beneficial for maximum number of taxpayers as they can enjoy a "reduced" tax rate, CBDT chairman Nitin Gupta said. Speaking to PTI during a post-Budget interview, Gupta said the intent of the government while announcing the new slabs and rates under the new tax regime is to gradually "do away with deductions and exemptions" so that the "long-standing demand of reduction of taxes for individual taxpayers and entities can be met." Finance Minister Nirmala Sitharaman, while presenting the Budget 2023-24 in the Parliament on Wednesday, said the government has made the new income tax regime more attractive for taxpayers and has thus brought about 'substantial changes' in its structure for the benefit of the middle class.
Prime Minister Narendra Modi launched a scathing attack on the TMC, accusing them of prioritizing vote-bank politics over national security and Bengali identity by promoting infiltration. He also highlighted the BJP's vision for a developed and prosperous Bengal, promising a clean break from the past.
Cross-check key documents, maximise your deductions, avoid errors, and ensure you get your refund smoothly.
'That way you're not hostage just to US sort of exports to India.'
ELSS investments require a long-term commitment of at least seven years.
Exchange Traded Funds (ETFs) have stepped into the spotlight this quarter. With evolving market conditions and shifting investor sentiment, ETFs offer a timely solution for accessing growth with liquidity and efficiency. In this article, we break down the most important ETF trends, performance drivers, and what to watch in the months ahead.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
The opposition party's criticism came after the BJP hit out at the UPA government's approach in dealing with Pakistan.
Bangladesh's interim government chief Professor Muhammad Yunus is considering resigning after political parties failed to reach a common ground, according to the National Citizen Party (NCP) chief. Yunus, appointed after a student-led uprising toppled the previous government, expressed concerns about his ability to function in the current political climate.
Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Several changes were made to the new income-tax regime in Budget 2023. The old income-tax regime was not tinkered with and is still available.
Bavuma, in his Test journey of over a decade, as the first black batter for South Africa, has faced a lot of ups and downs. A magnificent century against England in Cape Town back in 2016 attached to him plenty of expectations.
The matter would be heard by Chief Justice B R Gavai and Justice Augustine George Masih.
Digipin promises to revolutionise location-based services in India with safeguards.
A taxpayer whose deductions and exemption claims are less than Rs 3.75 lakh annually would be advised to opt for the new income tax regime and pay less tax than they gave in the old regime, a senior finance ministry officer said on Wednesday. The Income Tax Department has arrived at the figure after making due calculations for ensuring a "hassle-free and less tax rate" filing regime for the assessees, he said. Union Finance Minister Nirmala Sitharaman, while presenting the Budget for 2023-24, said the government has made the new income tax regime more attractive for taxpayers bringing "substantial changes" in its structure for the benefit of the middle class.
