Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.
New Chelsea manager Mauricio Pochettino underlined the challenges that engulfed Enzo Fernandez, Mykhailo Mudryk and Raheem Sterling in the last season but said he will help the trio.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
After being sworn in as the 47th president of the United States, Trump started his inaugural address with a sentence that echoed Modi's coinage some years ago, notes Modi biographer Nilanjan Mukhopadhyay.
The government in FY26 Budget should announce an "effective" personal income tax cut to support consumption and demand, Barclays said on Thursday. In its FY25-26 Union Budget preview, Barclays said the key ask from the Budget, to be presented on February 1, is to support growth while adhering to fiscal consolidation path.
'Journalists must ask the Mumbai police why are they sending notices via X to cartoonists.' 'The Mumbai police must come clean. Who is giving them such orders?'
The new proposal comes close on the heels of six measures introduced by Sebi to curb frenzy in index derivatives.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Supreme Court of India has asked DMK leader V Senthil Balaji to choose between his ministerial post in Tamil Nadu and his freedom. The court expressed concern over Balaji's reinstatement as a minister despite being granted bail in a money laundering case related to the "cash-for-job" scam. The court fears that Balaji's presence as a minister could influence witnesses in the case. The court has given Balaji until April 28 to make a decision.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.
rediffGURU T S Khurana answers readers' personal income tax queries.
Sections of our media and elites take Western reports/judgements at face value and are ready to condemn the targets without understanding the deeper power linkages behind such actions, asserts Colonel Anil A Athale (Retd).
The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.
The BJP has lauded the extradition of Tahawwur Rana, a key accused in the 26/11 Mumbai terror attack, as a testament to "New India's" zero-tolerance stance against terrorism under Prime Minister Narendra Modi. However, the Congress has countered the claim, stating that the extradition was the result of diplomatic efforts initiated during the UPA government's tenure. The BJP highlighted Rana's return as a tribute to security personnel who lost their lives fighting Pakistan-sponsored terrorism and a step towards justice for victims of the attack. The Congress, however, asserted that the Modi government did not initiate the extradition process but benefited from the UPA's groundwork. The exchange of accusations has added a political dimension to Rana's extradition, with both parties vying for credit for the development.
Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.
Prime Minister Narendra Modi took a jibe at Leader of Opposition Mallikarjun Kharge in Rajya Sabha on Wednesday, saying the poem that Kharge recited to criticize the BJP government was written during the reign of Congress. Modi also read out a poem written by renowned Hindi poet Gopaldas Neeraj to attack the Congress.
India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.
The 62-year-old former deputy chief minister was first elected the party president in 2008. His re-election at the outfit's general delegate session in Amritsar comes barely four months after he quit after he was declared 'tankhaiya' (guilty of religious misconduct) by the Akal Takht for "mistakes" committed by the Shiromani Akali Dal (SAD) and its government from 2007 to 2017.
Most taxpayers will benefit from being in the old tax regime, assuming they optimise their salary for tax benefits and claim the deductions available to them.
'As negotiations continue, the path forward demands not only diplomatic skill, but also vigilance against legal asymmetries embedded in America's trade playbook.'
Union Minister of State for Petroleum and Natural Gas Suresh Gopi has stirred controversy by suggesting that members of the "upper castes" should handle the tribal affairs portfolio. Gopi, an actor-turned-politician, argued that true progress in tribal welfare would only be achieved under the leadership of individuals from "upper castes." His comments have been met with widespread criticism, including from CPI state secretary Benoy Viswam and prominent tribal leader C K Janu.
rediffGURU T S Khurana answers readers' personal income tax queries.
'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'
'Netanyahu lured Trump into a trap by enticing him with a seductive scenario of massive lucrative business in Gaza's reconstruction.' 'Trump's imagination is running riot, completely disconnected from ground realities,' asserts Ambassador M K Bhadrakumar.
The IDF noted that the strikes are being conducted in response to "relentless attacks" from Iran and its proxies since October 7, adding that Israel has the "right and the duty to respond."
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'
The former chief minister said the BJP government is getting excavation done at various places to hide its failure and to divert attention from the issues related to the public.
'Tax rate and stock markets are entirely two different things.'
One fact is irrefutable: Nepal's recent political history tells us that the route to a return of monarchy cannot go through India despite friends in high places, asserts Aditi Phadnis.
'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'
rediffGURU T S Khurana answers readers' personal income tax queries.
Doubling standard deduction to Rs 1 lakh, increasing tax break on interest paid on housing loan and rationalisation of capital gains tax regime are some of the expectations that consultancy firm KPMG has from the Budget 2024-25 to be unveiled on July 23 in Parliament. There has been a significant rise in medical expenses, fuel costs and overall inflation.
rediffGURU T S Khurana answers readers' personal income tax queries.
'While suppression of information is acceptable for the government, the Opposition's efforts at pinning the government and its leaders is labeled anti-national,' points out Nilanjan Mukhopadhyay.
The government's move to tweak the long-term capital gains (LTCG) tax regime proposed in the Finance Bill 2024 and re-introduce the indexation benefit is likely to boost the investments and spur housing sales in the country, industry executives believe. "By enabling taxpayers to choose the lower tax burden between the new and old schemes, the amendment is poised to drive investment and enhance sales across housing segments," said Niranjan Hiranandani, chairman of the Hiranandani Group. In Budget 2024, Union Finance Minister Nirmala Sitharaman proposed an overhaul in the capital gains tax regime, including lowering the LTCG tax to 12.5 per cent from 20 per cent.
The government on Tuesday sought to address a significant concern stemming from the 2024-25 Budget announcement by introducing flexibility in the computation of long-term capital gains (LTCG) tax on unlisted assets, including properties. For any assets, such as land or buildings, acquired before July 23, taxpayers can choose between the new and old regimes, opting for whichever results in a lower tax liability. Under the new LTCG regime, the tax rate is set at 12.5 per cent without the benefit of indexation.
'While I would never wish for anyone to go through what we are, it has brought out the best in us by making each one of us a better version of ourselves.' 'Being courageous, fighting for freedom, taking the burden of responsibility to help each other...' 'I know hundreds and hundreds of examples where Ukrainians are risking their lives for complete strangers and it is only in moments like this that we truly understand what it means to be human.'
'We may see even more restrictive policies during 2.0.'
