News for 'tax official'

ITR Filing: Your Essential Document Checklist

ITR Filing: Your Essential Document Checklist

Rediff.com22 Jul 2025

Organise your PAN, Form 16, Form 26AS, AIS, and all other proofs before e-filing.

India, US Push To Futureproof Trade Ties

India, US Push To Futureproof Trade Ties

Rediff.com29 Jul 2025

India is seeking either an exemption or a longer timeline on the pharmaceutical tariffs, expected to kick in by July 31.

Has Karur Tragedy Halted Vijay's Political Rise?

Has Karur Tragedy Halted Vijay's Political Rise?

Rediff.com28 Sep 2025

The Karur tragedy has exposed the huge gaps in Vijay's understanding of realpolitik, elections and political administration, asserts N Sathiya Moorthy.

Tax row: Honey Singh's musical instruments seized after Indore show

Tax row: Honey Singh's musical instruments seized after Indore show

Rediff.com9 Mar 2025

After Singer and Rapper Honey Singh's show concluded on Saturday, the Indore Municipal Corporation seized the concert goods over alleged entertainment tax evasion.

Wife of Nepal ex-PM burnt alive as protestors torch their house

Wife of Nepal ex-PM burnt alive as protestors torch their house

Rediff.com10 Sep 2025

Rajyalaxmi Chitrakar was inside the house when the protesters set it ablaze. She was rushed to Kirtipur Burn Hospital in critical condition but succumbed to injuries, Khabarhub reported, citing family sources.

Trump's visa crackdown: H-1B holders urged to return or face curbs

Trump's visa crackdown: H-1B holders urged to return or face curbs

Rediff.com20 Sep 2025

Immigration attorneys and companies are advising H-1B visa holders to return to the US immediately due to concerns over President Trump's plan to impose a USD 100,000 fee on the work visas.

'Old Or New Tax Regime? I Earn...'

'Old Or New Tax Regime? I Earn...'

Rediff.com13 Feb 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

'Nothing Will Affect Taxpayers' Benefits'

'Nothing Will Affect Taxpayers' Benefits'

Rediff.com11 Aug 2025

'There is no retrospective changing of the law, only its simplification.'

States Seek Centre's Help To Deal With Trump's Tariffs

States Seek Centre's Help To Deal With Trump's Tariffs

Rediff.com2 Sep 2025

State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.

Don't Want IT Notice? Read This NOW!

Don't Want IT Notice? Read This NOW!

Rediff.com10 Jun 2025

Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.

40K Taxpayers Withdraw Bogus Claims of 1,045 Crore

40K Taxpayers Withdraw Bogus Claims of 1,045 Crore

Rediff.com15 Jul 2025

Taxpayers have been advised to file accurate particulars of their income and contact details, and not to fall prey to agents or intermediaries promising undue refunds.

US tariffs: Must stand up to bullying, says Maruti's Bhargava

US tariffs: Must stand up to bullying, says Maruti's Bhargava

Rediff.com28 Aug 2025

India needs to come together to deal with the 50 per cent punitive US tariffs on Indian products and stand up to any kind of bullying, Maruti Suzuki India chairman R C Bhargava said on Thursday. "It is our duty as Indians to do our very best to promote and maintain our dignity and respect and not give in to any kind of bullying in this matter... the nation has to stand united," Bhargava said at the company's 44th Annaul General Meeting in New Delhi.

Relief for taxpayers, late refund claim may be allowed

Relief for taxpayers, late refund claim may be allowed

Rediff.com23 Jun 2025

'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.

Reliance sanction compliant; Russian oil benefit capped at 2.1pc of EBITDA

Reliance sanction compliant; Russian oil benefit capped at 2.1pc of EBITDA

Rediff.com5 Sep 2025

Reliance Industries Ltd has consistently remained compliant with international sanctions and is expected to adhere to upcoming measures on Russian oil, analysts said, estimating that oil sourced from Russia contributes just 2.1 per cent to its consolidated EBITDA. Reliance operates the world's largest single location refining complex, with more than half of the capacity exclusively dedicated for exports.

FM urges tax officials to meet revenue target

FM urges tax officials to meet revenue target

Rediff.com27 Jan 2014

The government had set a budgetary target of over Rs 1.87 lakh crore for collection from customs duty in current fiscal

Govt moves to ease business rules, tables Jan Vishwas Bill in LS

Govt moves to ease business rules, tables Jan Vishwas Bill in LS

Rediff.com18 Aug 2025

The Jan Vishwas (Amendment of Provisions) Bill 2025, aimed at decriminalizing minor offenses to promote ease of living and business, was introduced in the Lok Sabha and referred to a Select Committee.

Trump Tantrum: 'Present Moment Difficult For India'

Trump Tantrum: 'Present Moment Difficult For India'

Rediff.com20 Aug 2025

'Geopolitically and diplomatically it's a very difficult situation for India.'

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

Rediff.com25 Aug 2025

The more things change, the more they remain the same for corporate India. In the April-June 2025 period (Q1FY26) - for the ninth consecutive quarter - listed companies witnessed only single-digit revenue growth, while their core earnings, excluding other income and one-time gains, contracted for the second time in four quarters. This comes as firms brace for the impact of 50 per cent US tariff on Indian goods.

How India's pharma cos plan to tackle steep US tariffs

How India's pharma cos plan to tackle steep US tariffs

Rediff.com10 Sep 2025

As the potential threat of a steep 200 per cent tariff on pharmaceutical imports hangs in the air, analysts and industry insiders feel that focus on exports to non-US regions as well as domestic market will increase as a long-term trend. US President Donald Trump told CNBC's Squawk Box in the first week of August that planned tariffs on import of pharmaceutical products to the US could eventually reach up to 250 per cent.

US tariff jolts UP's export hubs; industry seeks govt bailout

US tariff jolts UP's export hubs; industry seeks govt bailout

Rediff.com1 Sep 2025

Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.

Limit Crypto Bets: 2%-5% Is Safe Zone

Limit Crypto Bets: 2%-5% Is Safe Zone

Rediff.com5 Aug 2025

Investors should be mindful of the high volatility in cryptos: Bitcoin has fallen more than 80 per cent in past corrections.

Manufacturing pushes industrial output growth to 4-month high

Manufacturing pushes industrial output growth to 4-month high

Rediff.com28 Aug 2025

India's industrial production growth accelerated to a 4-month high of 3.5 per cent in July this year due to good performance of manufacturing sector, according to official data released on Thursday. The country's industrial output earlier recorded this level of growth at 3.9 per cent in March 2025.

India looks to bet big on foreign drillers

India looks to bet big on foreign drillers

Rediff.com21 Jul 2025

India, the biggest contributor to world demand for oil, will bring into effect in an overhaul of its drilling policy. This comes after more than a year of preparation and will boost the exploration and development of India's oil and gas sector along with increased participation by foreign drillers

Sebi Cracks Down on Top Finfluencer

Sebi Cracks Down on Top Finfluencer

Rediff.com22 Aug 2025

'We have carried out a big search operation on a big name in this industry.'

Respond to taxman's notice, file revised or updated return

Respond to taxman's notice, file revised or updated return

Rediff.com27 Jun 2025

The Income-Tax (I-T) Department has detected widespread tax evasion involving cryptocurrencies and, according to media reports, has issued emails to thousands of defaulting taxpayers seeking transaction details. Investors must understand the tax rules governing crypto assets and respond promptly to these emails.

Tax officials get posting choice

Tax officials get posting choice

Rediff.com16 Jun 2003

Arms consultant Sanjay Bhandari declared fugitive economic offender

Arms consultant Sanjay Bhandari declared fugitive economic offender

Rediff.com5 Jul 2025

A Delhi court has declared UK-based arms consultant Sanjay Bhandari a fugitive economic offender on an Enforcement Directorate plea.

Gandhi Called Him 'Father Of The Nation'

Gandhi Called Him 'Father Of The Nation'

Rediff.com5 Sep 2025

On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.

Are Reels Guiding Your Financial Decisions? Beware!

Are Reels Guiding Your Financial Decisions? Beware!

Rediff.com25 Aug 2025

Reels often induce the FOMO-'Act now!' mentality. But sound investing is about consistency, diversification and a long-term horizon.

India, UK to sign trade pact on July 24; Goyal to accompany PM Modi

India, UK to sign trade pact on July 24; Goyal to accompany PM Modi

Rediff.com22 Jul 2025

Commerce and Industry Minister Piyush Goyal will accompany Prime Minister Narendra Modi to London for the signing of the free trade agreement between India and the UK on July 24, an official said on Monday. The two countries announced the conclusion of the negotiations for the trade agreement on May 6.

When Gujarati Muslims Dominated Bombay Politics

When Gujarati Muslims Dominated Bombay Politics

Rediff.com26 Aug 2025

'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

Abolition of angel tax cheers startups, investors

Abolition of angel tax cheers startups, investors

Rediff.com23 Jul 2024

Startup and venture funds on Tuesday cheered the Budget decision on the abolition of angel tax for all investor classes, terming it a "game-changer" that would remove significant barriers in growth and foster a vibrant and dynamic ecosystem. Angel tax refers to the tax that the government imposes on funding raised by unlisted companies, or startups if their valuation exceeds the company's fair market value.

Will GST Council cut taxes on insurance premium?

Will GST Council cut taxes on insurance premium?

Rediff.com20 Dec 2024

The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, while hiking it on high-end wrist watches, shoes and apparels, besides considering a separate 35 per cent tax slab for sin goods. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is likely to discuss rate rejig in about 148 items, besides, it will also deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.

Overtourism Post-Olympics Chokes French Neighbourhood!

Overtourism Post-Olympics Chokes French Neighbourhood!

Rediff.com31 Jul 2025

Residents of Montmartre in Paris are sounding the alarm over overtourism, fearing their picturesque hilltop neighbourhood could become the next Barcelona or Venice, as tourist numbers spike following last year's Olympic Games.

Immense work pressure, not cancer: Wife on GST official's suicide

Immense work pressure, not cancer: Wife on GST official's suicide

Rediff.com11 Mar 2025

The wife of a deputy commissioner of GST in Ghaziabad, who allegedly committed suicide, has claimed that her husband was under "immense work pressure" and denied that he had stage four cancer. The incident took place on Monday when Sanjay Singh (59) jumped from the 15th floor of a building. Singh's wife, Aparna Singh, told reporters that he was a "victim of the system." His cousin, Dhananjay Singh, confirmed that Singh had been diagnosed with prostate cancer at an early stage and had been cured.

Old Tax Regime May Soon Be History

Old Tax Regime May Soon Be History

Rediff.com24 Jul 2024

There are a number of steps taken that will leave more money in the hands of the taxpayers.
These include the reduction in tax rates under the new tax regime, increase in standard deduction, allowing tax collected at source to be adjusted against tax deducted at source from salaries, notes Harsh Roongta.

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

'Can I Claim TDS Refund On FD Interest?'

'Can I Claim TDS Refund On FD Interest?'

Rediff.com4 Jun 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

Space Economy Takes Off in Andhra Pradesh

Space Economy Takes Off in Andhra Pradesh

Rediff.com23 Jul 2025

Andhra Pradesh will establish two expansive integrated space cities in Lepakshi and Tirupati, spanning around 33,000 acres.