News for 'tax'

Trump introduces 'Gold Card' for permanent US residency

Trump introduces 'Gold Card' for permanent US residency

Rediff.com20 Sep 2025

The Trump administration has launched a premium immigration programme targeting wealthy individuals worldwide, offering permanent residency in the United States through expensive 'Gold Cards' that could generate billions in revenue for the American Treasury.

ICICI Bank gets Rs 49 cr GST demand notice

ICICI Bank gets Rs 49 cr GST demand notice

Rediff.com17 Sep 2025

ICICI Bank on Wednesday said tax authorities have slapped a demand notice of Rs 49.11 crore on it for alleged short payment of GST.

ITR filing deadline extended by a day to Sep 16

ITR filing deadline extended by a day to Sep 16

Rediff.com16 Sep 2025

The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X.

Trump meets 'friend' Xi amid trade tension

Trump meets 'friend' Xi amid trade tension

Rediff.com30 Oct 2025

Trump also praised Chinese President as "a great leader of a great country" and said the two sides had "already agreed to a lot of things."

Demand recovery to drive gains for Nestle India

Demand recovery to drive gains for Nestle India

Rediff.com27 Oct 2025

Packaged food major Nestle India posted better than expected September quarter results led by strong volume growth across its key segments. While there were margin pressures due to elevated raw material costs, there could be some relief with easing prices in the near term.

'GST 2.0 Boost For Insurance Industry'

'GST 2.0 Boost For Insurance Industry'

Rediff.com25 Oct 2025

'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.'

Sardar Patel, The Man Who United India

Sardar Patel, The Man Who United India

Rediff.com31 Oct 2025

The rising tide of Indian nationalism meant that the people of princely states now were keen to become a part of a united and integrated India rather than remain subjects of a princely state. The Congress too supported the people's wish and it fell upon Patel to get the princes to agree. He did so magnificently, using every trick available, whether it was sweet talk or coercion; the rulers buckled and Patel earned the eternal gratitude of the entire nation.

How are you getting money? Cong questions RSS registration, funding sources

How are you getting money? Cong questions RSS registration, funding sources

Rediff.com22 Oct 2025

Karnataka Minister Priyank Kharge and Congress leader B K Hariprasad have raised concerns about the RSS not being a registered organization and questioned the sources of its funding, alleging that this lack of registration allows the RSS to evade government regulations. BJP leaders have defended the RSS, stating that registration is not mandatory for all organizations.

India's manufacturing activity falls to 4-month low in Sep

India's manufacturing activity falls to 4-month low in Sep

Rediff.com1 Oct 2025

India's manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to one-year low, a monthly survey said on Wednesday.

'Rising loan appeal hits corporate bond market's momentum'

'Rising loan appeal hits corporate bond market's momentum'

Rediff.com30 Oct 2025

India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.

No need to relabel existing medicine stock: FinMin

No need to relabel existing medicine stock: FinMin

Rediff.com17 Sep 2025

Recalling or relabelling medicines already in the supply chain before September 22 will not be mandatory, the finance ministry said on Tuesday, issuing a fresh set of frequently asked questions (FAQs) to address industry concerns following the announcement of goods and services tax (GST) revisions.

'Banks Need To Reinvent Themselves'

'Banks Need To Reinvent Themselves'

Rediff.com3 Nov 2025

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'

Today IS the last day for ITR filing; no extension

Today IS the last day for ITR filing; no extension

Rediff.com15 Sep 2025

The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025.

India's M&A deals dipped in Q2 amid valuation caution

India's M&A deals dipped in Q2 amid valuation caution

Rediff.com10 Oct 2025

India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.

'Wangchuk's right to dissent stifled': SC to hear wife's plea on Nov 24

'Wangchuk's right to dissent stifled': SC to hear wife's plea on Nov 24

Rediff.com29 Oct 2025

The Supreme Court has sought responses from the Centre and the Ladakh administration regarding the detention of climate activist Sonam Wangchuk under the National Security Act (NSA). Wangchuk's wife has filed a plea challenging the detention, claiming it violates his fundamental rights. The court has given the Centre and Ladakh administration 10 days to respond and has scheduled the next hearing for November 24.

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Rediff.com18 Oct 2025

Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment.

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

Indian consumers show renewed festive optimism

Indian consumers show renewed festive optimism

Rediff.com17 Oct 2025

Indian consumers are entering the festive season with renewed confidence and financial optimism, outpacing global benchmarks, according to Deloitte India's latest Consumer Signals: India Chapter. "With inflationary pressures easing and the recent Goods and Services Tax (GST) revisions enhancing purchasing power and festive cheer among consumers, this brings a new wave of consumption.

CBI probes 'FCRA violations' by Wangchuk's institution

CBI probes 'FCRA violations' by Wangchuk's institution

Rediff.com25 Sep 2025

The Central Bureau of Investigation (CBI) has initiated an inquiry into alleged violations of the Foreign Contribution (Regulation) Act (FCRA) against an institution founded by Ladakh-based educationist and activist Sonam Wangchuk. The inquiry follows a complaint from the Ministry of Home Affairs regarding the Himalayan Institute of Alternatives Ladakh (HIAL).

Competition, store expansion may weigh on Eternal's margins

Competition, store expansion may weigh on Eternal's margins

Rediff.com27 Oct 2025

Growth accelerated for Zomato operator Eternal in the second quarter of financial year 2026 (Q2FY26). Zomato's business to commerce (B2C) operations delivered a strong 57 per cent year-on-year (Y-o-Y) rise in net order value (NOV) to Rs 23,164 crore while consolidated revenue soared 183 per cent Y-o-Y (90 per cent Q-o-Q) to Rs 13,590 crore during the period, with like-for-like (LFL) growth of 65 per cent, and acceleration in the quick commerce (QC) segment, which recorded NOV growth of 137 per cent Y-o-Y (27 per cent Q-o-Q).

Can Harmanpreet's India repeat 2017 magic vs Australia?

Can Harmanpreet's India repeat 2017 magic vs Australia?

Rediff.com29 Oct 2025

India will search for a spark of magic reminiscent of skipper Harmanpreet Kaur's legendary knock eight years ago as they take on the mighty Australia in the World Cup semi-final on Thursday.

Credit quality of companies likely to remain stable in H2

Credit quality of companies likely to remain stable in H2

Rediff.com8 Oct 2025

Credit quality of Indian corporate is expected to be stable in the second half of the current financial year (H2FY26), supported by easing monetary cycle, and declining inflation, coupled with income-tax relief and rationalisation of the goods and service tax (GST) rates, among others.

Bihar's Populist Promises Clash With Fragile Economy

Bihar's Populist Promises Clash With Fragile Economy

Rediff.com15 Oct 2025

A string of welfare schemes and promises tests the state's budget, which is already heavily dependent on central support and spends little as capital outlay.

Adani Group's tax outgo rose 29% to Rs 75K cr in FY25

Adani Group's tax outgo rose 29% to Rs 75K cr in FY25

Rediff.com5 Jun 2025

Ports-to-energy conglomerate Adani Group saw a 29 per cent rise in tax outgo across portfolio companies to nearly Rs 75,000 crore, it said on Thursday. This includes both direct and indirect taxes paid, as well as payments towards employee social security.

Review Tax Regime, Plan Investments

Review Tax Regime, Plan Investments

Rediff.com3 Apr 2025

Review your family emergency fund and replenish it if needed. Revisit financial goals to see if there is any change in timeline or the corpus required.

'Petrol, Diesel In GST? Not In Immediate Future'

'Petrol, Diesel In GST? Not In Immediate Future'

Rediff.com26 Sep 2025

'Tax cannot be emotional.'

Why SIP Beats EMI in the Long Run

Why SIP Beats EMI in the Long Run

Rediff.com29 Oct 2025

EMI means you've already spent tomorrow's income; SIP means you're investing today's income to secure tomorrow, explains Ramalingam Kalirajan

Competition may keep Colgate under pressure

Competition may keep Colgate under pressure

Rediff.com25 Oct 2025

Colgate-Palmolive India's September quarter (Q2FY26) performance has reinforced concerns among brokerages about the company's continued market challenges.

NPS: MSF Makes Investing Simpler, Smarter

NPS: MSF Makes Investing Simpler, Smarter

Rediff.com27 Oct 2025

Those who have long retirement horizons of 15 to 20 years and seek higher long-term returns may opt for MSF. Investors nearing retirement (under 10 years) or those with low risk tolerance should stay away.

Will Cash Transfer Win Bihar For Modi?

Will Cash Transfer Win Bihar For Modi?

Rediff.com4 Nov 2025

If women voters are mobilised in big numbers to the voting booths on November 6 and 11 by the Nitish Kumar-led NDA, then it will be quite difficult for the Tejashwi Yadav-led Mahagathbandhan to defeat the incumbent government, points out Sheela Bhatt.

What Is Powering Mahindra's Bolero Run

What Is Powering Mahindra's Bolero Run

Rediff.com9 Oct 2025

Between January and August 2025, over 65,000 units of the Bolero were sold, making it the third-highest contributor to Mahindra's overall SUV sales. Bolero annually achieves sales of over 1 lakh units.

Your EPF Can Fund Housing, Surgery, Education...

Your EPF Can Fund Housing, Surgery, Education...

Rediff.com23 Oct 2025

Your EPF isn't just a retirement pot. It's a financial safety net you can dip into for life's biggest needs. Here's how these one-time advances work and when to use them wisely.

EPF: How To Withdraw Smart, Protect Your Corpus

EPF: How To Withdraw Smart, Protect Your Corpus

Rediff.com7 Oct 2025

When and how you can access EPF money before retirement without jeopardising your long-term retirement savings.

Confused About Tax On Gifts, NRI/NRE FDs, ITR 2025?

Confused About Tax On Gifts, NRI/NRE FDs, ITR 2025?

Rediff.com15 May 2025

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

Cement firms may report improved Q2

Cement firms may report improved Q2

Rediff.com20 Oct 2025

Top Indian cement firms are expected to report a strong earnings growth for the second quarter of the financial year 2025-26 (Q2FY26) on a year-on-year (Y-o-Y) basis, amid improved realisations, prices, and steady volume growth, but on a low base.

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Rediff.com13 Oct 2025

After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.

Karnataka: RSS publicity material removed, BJP cries foul

Karnataka: RSS publicity material removed, BJP cries foul

Rediff.com18 Oct 2025

The state Bharatiya Janata Party on Saturday lashed out at Karnataka minister Priyank Kharge over the removal of Rashtriya Swayamsevak Sangh's publicity material in Chittapur taluk in Kalaburagi district ahead of a major event but the Congress leader alleged the saffron organisation had not taken permission for the programme.

'Is PPF Better Than MFs For...?'

'Is PPF Better Than MFs For...?'

Rediff.com19 Sep 2025

Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.

Hybrids outpace petrol, EVs for buyers, shows survey

Hybrids outpace petrol, EVs for buyers, shows survey

Rediff.com17 Oct 2025

Grant Thornton Bharat's latest survey indicates that hybrids are set to consolidate market share this festive season, bridging the gap between conventional petrol engines and the emerging electric vehicle segment.

Why 80% Indian Households Avoid Financial Risk

Why 80% Indian Households Avoid Financial Risk

Rediff.com22 Oct 2025

'It takes time and the experience of a few market cycles to develop awareness about one's true risk appetite.'