The Comptroller and Auditor General of India (CAG) has reported significant financial irregularities in the Union government's FY25 accounts, including ~12,754.47 crore in misclassification and ~54,282.32 crore in outstanding utilisation certificates, with some dating back to 1985-86.
A special court in Thane, Maharashtra, has sentenced the mastermind of an investment fraud to rigorous imprisonment and ordered the auction of his properties to repay duped investors.
The three year lock-in period enables ELSS fund managers to invest in high conviction stocks for a long period of time because of relatively less redemption pressure, says Dwaipayan Bose
Whether he comes to power or not, both his admirers and opponents agree on one thing -- Vijay may well turn out to be the 'X factor'.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
The Swadeshi Jagran Manch (SJM) is advocating for the termination of the moratorium on customs duties for electronically transmitted digital products, arguing that it hinders self-reliance, causes revenue losses, and restricts India's ability to tax emerging technologies like AI.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Delhi High Court quashed income tax notices issued to NDTV founders Prannoy Roy and Radhika Roy, citing arbitrary proceedings and ordering the department to pay costs.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
A checklist that will help you save taxes in financial year 2013-14 which begins April 1, 2013 and ends March 31, 2014.
From April 1, 2010, section 80CCF would provide an additional tax deduction, over and above the existing 80C deduction, in respect to investments made in long term infrastructure bonds.
A tax plan is not only to save taxes, it should also assist you in achieving your other financial goals such as buying a home, a car, children's education, retirement to name a few. Here are some top ways in which you could plan for your tax savings
In an hour-long chat on rediff.com on Thursday, direct tax expert Vikas M Gandhi offered some valuable tips.
Direct tax expert Vikas M Gandhi offers some valuable tips.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
Which are the best systematic investment plans for saving tax? Which are the best mutual funds to buy now? How should you plan your taxes and dervive optimum returns from them? Should you buy a house, go for a loan in the current economic situation?
Saving tax is the main motto of all taxpayers. While some hire chartered accountants, others pore through tax laws, or ask friends to find out if there are ways by which they can save.
Transfer of money from one bank to another will not amount to income and hence the same will not be taxable.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
The wise pay their taxes on time and plan for it before time. That does not mean one has to necessarily go through the big fat books on taxes! Knowing a couple of hacks for saving tax can have it sorted for you.
Is there a way by which you can save tax as well as make money? How do you go about doing it? Get Ahead tax expert Mahesh Padmanabhan has the answers.
Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains exceeding 2 lakh in a financial year.
Direct tax expert Vikas M Gandhi offers some vaulable tax-saving tips.
Earning a salary? Looking to save tax the smart way? You have two options: salary restructuring and tax-saving instruments.
Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula
The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Union Minister JP Nadda accuses the West Bengal government of sheltering infiltrators, leading to demographic changes and hindering development.
'The next two to three weeks will not be decided in Washington.' 'They will be decided in Tehran, in whatever calculation Iran makes about the costs of continued resistance against the costs of appearing to have yielded.'
From a modest salary to Rs 1 crore, here's Ramalingam Kalirajan's smart compounding blueprint for young earners
Few options that can help you plan taxes wisely.
NPS Vatsalya offers a disciplined investment avenue that parents can use to create intergenerational wealth by contributing even small sums.
Boat has introduced its latest Chrome Iris smartwatch in India, further strengthening its growing range of wearable gadgets. The device showcases a sleek, ultra-thin metallic casing alongside a vivid AMOLED screen.
Direct tax expert Vikas Gandhi offers some valuable tips on tax saving and investments.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Before jumping to meet the investment target, check if you really need to.
If you're a salaried person there are many ways to save taxes
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