The bench allowed the rejoinder affidavit to be filed by petitioners in two weeks thereafter and posted the matter for final hearing in January, 2025.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
The unclaimed funds within the life insurance sector are higher from policies sold by agents as against other channels like bancassurance or a digital platform, said analysts and officials from insurance companies. Unclaimed life insurance funds refer to the proceeds of insurance policies including death or survival benefits not claimed by the beneficiary or the policyholder. Bancassurance means selling an insurance product through banks.
A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.
Taking serious note of the harassment faced by senior citizens at the hands of their own children, the Bombay High Court refused to quash a tribunal's order evicting singer Shweta Shetty from the south Mumbai residence of her 95-year-old father for ill-treating him.
Tiring to see Tiger dash from one dumb action sequence to the other, sighs Mayur Sanap.
The Election Commission of India has set up more than 200 polling stations within housing societies in the urban areas of Uttar Pradesh to increase the voter turnout in the politically crucial state.
Mishra, currently in judicial custody, moved an appeal before a sessions court against an order passed by a magisterial court that had denied him bail on January 11.
'Whatever you do will spark controversies, so it is best do what your heart tells you to do. Simple.'
Expanding the scope of its hearing in the Patanjali Ayurved case, the Supreme Court on Tuesday took a stern view of misleading advertisements by Fast-Moving Consumer Goods (FMCG) firms and asked three Union ministries to inform it about the steps they have taken to curb the practice which takes 'public for a ride' and adversely affects their health.
The states and union territories where the elections are being held in this phase are Assam (4), Bihar (5), Chhattisgarh (7), Dadra and Nagar Haveli and Daman and Diu (2), Goa (2), Gujarat (25), Karnataka (14), Maharashtra (11), Madhya Pradesh (8), Uttar Pradesh (10) and West Bengal (4). The BJP has bagged the Surat seat unopposed.
Investors looking for a fixed-income product that is free of credit risk may invest in these bonds.
The government has increased the tax exemption limit under the Senior Citizen Savings Scheme, 2004, to Rs 10,000 from Rs 5,000
The Delhi high court on Friday allowed a plea filed by former Union minister M J Akbar seeking an early hearing of his appeal challenging a trial court order that acquitted journalist Priya Ramani in a criminal defamation case filed by him over her allegations of sexual harassment.
'If you are investing in a Ulip for returns, go for a type I Ulip.' 'If you are investing for insurance cover as well, type II is better.'
Yunus, 84, was administered the oath of office by President Mohammed Shahabuddin at a ceremony at the presidential palace 'Bangabhaban'.
In a rerun of the 'Reclaim the Night' campaign, hundreds of women took to the streets in Kolkata and other parts of West Bengal on Sunday night, demanding justice for the alleged rape and murder of a doctor in the state-run R G Kar Medical College and Hospital.
'Politicians can do symbolism by changing the names of places and museums.' 'Judges need not be seen to be craving for approval from the public.'
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
Purchase health insurance at an early age, before you incur a disease, as this makes access to health insurance difficult and raises the premium significantly.
From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.
The prime minister and his cabinet will be compelled to do what governments in other democracies must: Listen to criticism from citizens and tolerate it and even learn from it. In doing so, perhaps they can also get a laugh out of the material, as many of us so often do, notes Aakar Patel.
The member said ground staff of private airlines do not recognise the MPs
'Kamal has surfed and navigated a lot of tidal waves, manoeuvring the peaks and troughs, combining rare intelligence and commonly available intuitions to overcome unimaginable crises all his life.' 'There is no looking back at the past, for his only motto has been 'Tomorrow belongs to us'!'
The Securities and Exchange Board of India (Sebi) has permitted 100 per cent contribution from non-resident Indians (NRIs) and overseas citizens of India (OCIs) in the corpus of foreign portfolio investors (FPIs) based out of Gujarat International Finance Tec-City (GIFT City), the country's international financial services centre (IFSC). However, the Indian diaspora is yet to fully embrace this new route. The regulator allowed this route to enhance the fund ecosystem at GIFT City and attract genuine investments from overseas Indians.
India has covered enough population with vaccine and infection, but protein vaccines should remain available on payment basis for elderly and those with comorbidities.
On World Diabetes Day, you can pose all your doubts and questions regarding diabetes to our health experts on rediffGURUS.
'She could have sat down with the students and taken a list of their grievances including their allegations and suspicions.' 'Not all suspicions are true, but you have to listen, you have to let the steam come out.'
Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.
The Supreme Court on Wednesday rejected the Centre's plea for prospective effect of its July 25 verdict, which upheld the power of states to levy tax on mineral rights and mineral-bearing land, and allowed them to seek refund of royalty from April 1, 2005 onwards.
'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'
'Why is the Congress not tendering an unconditional apology to the citizens of India?'
Sattar, who was allegedly absconding after calling for a state-wide hartal on September 23 against nation-wide raids on the outfit's offices and arrests of its leaders, is expected to be handed over to the NIA during the day.
Their downside is that the donor relinquishes all control over the transferred property, and certain tax implications may also arise.
A video circulating on social media that showed members of the Argentina national team singing about France striker Kylian Mbappe's African descent.
What some of our leaders were up to on Tuesday, December 6, 2022.
Finance Minister Nirmala Sitharaman will present the Union Budget for 2023-24 in Parliament on February 1. The Budget is a statement of the government's estimated receipts and expenditures for a fiscal year (April 1 to March 31). It's divided into Revenue and Capital Budget. The Revenue Budget includes the government's revenue receipts and expenditures while the Capital Budget includes its capital receipts and payments.
Finance Minister Nirmala Sitharman on Monday held a performance review meeting with heads of public sector banks and asked them to make concerted efforts to garner deposits. Deposits have been growing 300-400 basis points lower than the credit growth in the last few months, creating an asset-liability mismatch for banks. During deliberations on the deposit mobilisation, she said that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably, and asked banks to make concerted efforts to garner deposits by conducting special drives.
'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'
The Supreme Court on Wednesday refused to grant interim bail to Chief Minister Arvind Kejriwal in a corruption case filed by the Central Bureau of Investigation (CBI) in the alleged excise policy scam.
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