The return filed could be treated as defective, invalid, or even be considered as not filed at all.
Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.
According to the complainant, he belongs to the Adi Dravida community, a Scheduled Caste, and was subjected to caste-based remarks several times at the workplace.
Edtech firm Think and Learn, owner of Byju's brand, credited partial salaries of employees for the month of March, according to sources. Byju Raveendran, the Founder and CEO of Think and Learn, has raised debt in his personal capacity to pay the salaries of employees for March. Byju's salary expenses for partial payouts is estimated to be in the range of Rs 25-30 crore.
rediffGURU T S Khurana answers readers' personal income tax queries.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.
The Supreme Court on Monday directed uniform pension benefits for all retired high court judges, irrespective of their mode of appointment or tenure, saying "one rank one pension has to be the norm in respect of a constitutional office".
rediffGURU Yogendra Arora answers readers' personal income tax queries.
'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'
Cash-strapped edtech firm Byju's is likely to pay its employees the April salaries this week, according to sources. The company is grappling with the issue of delays in paying salaries to employees. "There has been a delay in salary. It is expected to be now paid sometime this week," said a person.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Currently, the hockey players draw salaries from the departments and organisations that they are employed with even though a proposal to have a graded contract system by Hockey India has been in the deliberation stage for past few years.
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'Experts and stakeholders have raised concern over the refund provision in the draft Bill. That was a drafting error, which will be rectified,' a government official said.
Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.
The income tax department has notified all seven income tax return forms for assessment year 2025-26. While ITR forms 1 and 4, which are filed by small and medium taxpayers, were notified on April 29; ITR-7, filed by trusts and charitable institutions, was notified on May 11.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
The government on Monday invited applications for the post of chairman of the Securities and Exchange Board of India (Sebi). The current SEBI chairperson Madhavi Puri Buch's three-year term ends on February 28. Buch assumed charge at the helm of Sebi on March 2, 2022.
Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.
Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.
Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial.
'Always ensure that lease terms are clearly written in the agreement, including rent escalation clauses and notice periods.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.
AI isn't a magic wand. It works best when combined with good systems, informed investors, and skilled advisors, says Amit Suri.
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The incident occurred when the Surat police was conducting a mock drill for Prime Minister Narendra Modi's visit to the city.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
rediffGURU T S Khurana answers readers' personal income tax queries.
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Byju's founder Byju Raveendran on Saturday said the edtech company will not be able to pay salaries to employees as the recent funds raised through a rights issue are inaccessible due to a legal dispute with certain investors. In a letter to staff, Raveendran said the rights issue, launched a month ago, has been successfully closed. "This was supposed to be a happy correspondence.
People with modest incomes can also build a crore-worthy portfolio by investing small amounts consistently, says Ramalingam Kalirajan, and shows how the magic of compounding works.
'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
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