Deductions missed in Form 16 can still be claimed while filing ITR.
US Vice President J D Vance visited Jaipur, India, as part of his trip to the country. He met with Prime Minister Narendra Modi in Delhi and discussed strengthening US-India cooperation in areas such as defense, energy, and technology. In Jaipur, Vance is scheduled to deliver a lecture on US-India relations and visit the Amber Fort, a UNESCO World Heritage site. The visit is a testament to the strong bilateral relationship between the two nations.
The disbursement of the second tranche comes on a day when the International Monetary Fund is holding virtual discussions on Pakistan's upcoming budget, as the visit of its mission to Islamabad was delayed due to security concerns in the region.
Under its new chairman Tuhin Kanta Pandey, the Securities and Exchange Board of India (Sebi) has gravitated towards greater transparency and ease of doing business, setting an objective of "effective and optimum" regulation. On Monday, during its first board meeting under Pandey, the regulator has decided to constitute a high-level committee (HLC) to review conflicts of interest and unveiled initiatives to simplify regulatory processes.
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Sector 36 goes for the gruesomeness and shock; watching it needs a tough heart or a quick averting of the eyes, warns Deepa Gahlot.
HDFC Bank on Sunday said that it will "pursue all lawful remedies" to recover public funds and address the retaliatory actions taken by the Mehta family of the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has filed a complaint against the bank's managing director (MD) & chief executive officer (CEO) Sashidhar Jagdishan alleging financial fraud.
A Delhi court on Monday extended by 12 more days the NIA custody of 26/11 Mumbai attack accused Tahawwur Hussain Rana.
A US court has dismissed a claim by Khalistani separatist Gurpatwant Singh Pannun that court documents, including a summons, had been served on National Security Advisor Ajit Doval during his visit to Washington in February. The court found that the complaint was not delivered to Doval as required by the court's order.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.
'He's gonna inspire billions of girls and boys.'
Haryana Chief Minister Nayab Singh Saini announced that the state will provide 20 percent reservation for Agniveers in the recruitment of state police. The move aims to secure the future of Agniveers by providing them with jobs after their service period in the armed forces. This builds upon a previous announcement by the state government to provide a 10 percent reservation for Agniveers in various government positions. The state government is also offering various other benefits for Agniveers, including financial assistance, job training, and priority in obtaining gun licenses.
It is important for India to pay close attention to both the tone and substance of authoritative remarks coming out of Pakistan, explains former foreign secretary Shyam Saran.
'The Asia Cup matter or any other ACC event issue has not come up for discussion at any level, hence any news or report on that is purely speculative and imaginary.'
The Indian government has assured citizens that the country has ample food stocks to meet domestic demand, despite escalating tensions with Pakistan. The government has also warned traders against hoarding essential food items and creating artificial shortages, emphasizing that there is no need for panic buying. The food ministry detailed the country's current stock levels, showcasing a surplus over required buffer norms for rice, wheat, and pulses. Additionally, India holds substantial edible oil and sugar stocks, ensuring a strong food security position.
'Munir hopes to solidify his hold on power.'
Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.
India on Friday called on the International Monetary Fund (IMF) to reconsider its $1 billion assistance to Pakistan, suggesting that Islamabad could use it for terror funding.
India's strikes on Pakistan damaged runways and structures across at least six airfields, according to a visual analysis by The Washington Post, which experts said were the most significant attacks of their kind in decades of simmering conflict between the two nations.
The Directors General of Military Operations of India and Pakistan firmed up the arrangement on stopping military actions on May 10 after four days of fierce offensives between the two sides that triggered fears of a wider conflict.
Villarreal fought back to shock Barcelona 3-2 on Sunday, handing the LaLiga champions their first league defeat since late December.
India has called Pakistan's nuclear bluff with Operation Sindoor and sent a psychological message to state-sponsored terrorists: nobody is untouchable and no place in Pakistan is safe for you, government sources said on Sunday.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
'The government has to explain (to the army, air force and navy chiefs) whether they want a punitive strike, a deep punitive strike, or whether they want limited war or an all-out war, will it be a circumscribed war or will it be a shallow attack along the border.'
South Africa have recalled all-rounder Senuran Muthusamy to their 15-player squad for next month's two-Test tour of Bangladesh as one of three frontline spin options.
India has suspended the Indus Waters Treaty with Pakistan, citing sustained cross-border terrorism and security concerns. The treaty, brokered by the World Bank in 1960, governs the distribution and use of the Indus river and its tributaries between the two countries. India's decision follows a recent terror attack in Jammu and Kashmir, and has been met with strong condemnation from Pakistan.
Improved monsoon, solid fiscal performance, and capex push by the public and private sectors augurs well for India's macroeconomic stability and growth, the finance ministry's monthly economic review for June 2023 said. But the report said that while India's domestic fundamentals remain strong, negative cross-border spillovers and adverse global developments could act as a deterrent in achieving the high growth path this financial year. "An improved matching of aggregate supply and aggregate demand in the Indian economy underpins the progress made in the control of domestic inflation and the consequent strengthening of macroeconomic stability," the review said.
Bank employees want a five day work week.
If a woman can fly Rafale fighter jet in the Indian Air Force, then why are fewer women officers in gender neutral posts of judge advocate general (legal) branch of the Army, the Supreme Court wondered recently and questioned the Centre's rationale on a 50-50 selection criterion.
'If their allocation to certain segments have become high due to strong returns over the past three-four years, they should rebalance their portfolios and bring them in line with their long-term asset allocation.'
A court in New Delhi has sent Tahawwur Hussain Rana, the mastermind behind the 2008 Mumbai terror attacks, to 18 days of National Investigation Agency (NIA) custody. The court cited the need for sustained interrogation to uncover the extent of the conspiracy and the involvement of multiple targets across India, including New Delhi. Rana, a Pakistani-origin Canadian businessman and close associate of 26/11 conspirator David Coleman Headley, was extradited to India after the US Supreme Court dismissed his review plea against his extradition.
'A mid-year review makes the end-of-year financial review manageable and less stressful.'
Tahawwur Hussain Rana, a Pakistani-born Canadian national accused of playing a role in the 2008 Mumbai terror attacks, has been extradited from the United States to India. Rana was arrested in the US in 2009 and convicted in 2011 for providing material support to the Lashkar-e-Taiba terror group, which carried out the Mumbai attacks. He had been fighting extradition since 2012, but the US Supreme Court ultimately denied his review petition, paving the way for his transfer to India. Rana will now face trial in India for his alleged role in the attacks, which killed 166 people.
Al-Ahli secured a 3-1 win over 10-man Al-Hilal to win the battle of the Saudi Pro League sides in Jeddah on Tuesday, booking a place in Saturday's final of the Asian Champions League Elite to keep their dream of a first continental title alive.
Meanwhile, a precautionary blackout has been enforfced in the multiple areas amid the esclating tensions between India and Pakistan.
Colonel Sofiya Qureshi revealed that 300 to 400 drones were deployed across 36 locations, with several being shot down by Indian forces using both kinetic and non-kinetic methods.
Nehal Wadhera and Shashank Singh struck half-centuries, while left-arm spinner Harpreet Brar took three wickets as Punjab Kings outclassed Rajasthan Royals by 10 runs.
The Cabinet Committee on Security (CCS) met on Wednesday under the chairmanship of Prime Minister Narendra Modi and firmed up the responses to the terror attack.
The Supreme Court of India dismissed a plea seeking a directive for 100% manual counting of Voter Verified Paper Audit Trail (VVPAT) slips in addition to electronic counting. The court cited its previous rulings on the safety and security of Electronic Voting Machines (EVMs) and stated that the issue was not open for reconsideration. The plea argued for a modified VVPAT system where voters could verify printed ballots before leaving the polling station, and for 100% manual counting of VVPAT slips. The court upheld the Delhi High Court's decision dismissing the plea, referring to previous Supreme Court judgments on the matter.
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