rediffGURU Vivek Lala answers your income tax and personal finance queries.
rediffGURU T S Khurana answers readers' personal income tax queries.
In the age of digital dating, Ravi Mittal, CEO of online dating app Quack Quack, suggests fun ideas to create your own modern meet-cute and make it special.
rediffGURU T S Khurana answers readers' personal income tax queries.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Excess earnings of unlisted companies over and above their interest costs are at a record level. The interest-coverage ratio of 2.94 is the highest going back to 1990-91, according to numbers from the Centre for Monitoring Indian Economy (CMIE). The ratio measures earnings relative to every rupee to be paid as interest on outstanding debt.
Tax experts answer your budget-related queries
'Today, both in the hills and valley there is radicalised militant activity which poses a direct national security threat.' 'This kind of militancy in Manipur is unprecedented, I have never seen such largescale militancy in my life.'
'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'
rediffGURU T S Khurana answers readers' personal income tax queries.
The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime as compared to the about 75 per cent as of now, CBDT Chairman Ravi Agrawal said. Agrawal also highlighted the government's focus on "non-intrusive" tax administration through enhanced use of Artificial Intelligence (AI) and simplified tax processes for common taxpayers. He emphasized the benefits of the new tax regime (NTR), which offers simple calculations and allows taxpayers to file their ITR without professional help. The CBDT chief stated that the Budget provisions related to income tax payment benefit all income earners, not just those earning Rs 12 lakh per annum, creating a positive sentiment in the economy and propelling growth. The department is also harnessing technology, including AI and data analytics, to widen and deepen the tax base, resulting in increased compliance and tax revenue. Agrawal further highlighted the positive impact of data availability and simplified tax processes on compliance rates, citing examples of taxpayers filing revised returns and paying taxes after being prompted by the department's data analysis.
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'Studying was never an important part of our life, surviving was.'
State Bank of India (SBI) - the country's largest lender - has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges in raising resources. The first is 'Har Ghar Lakhpati,' a pre-calculated recurring deposit (RD) scheme designed to help customers accumulate Rs 100,000 or multiples thereof and develop a savings habit.
The government has revised gold import data, bringing down numbers for November by $5 billion to $9.84 billion, possibly to rectify double accounting of inbound shipments. According to revised data of the commerce ministry arm Directorate General of Commercial Intelligence and Statistics (DGCIS), gold import numbers have been slashed since April 2024, revealing excess imports of about $11.7 billion during the first eight months of 2024-25.
The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
As a leader, he was ambitious, not for himself but for India and its people. His was not the short-term election cycle calculation of individual political gain. His was a practical vision of how to better the lives of his fellow citizens, asserts Ambassador Shivshankar Menon, who served as foreign secretary and national security advisor when Dr Singh was prime minister.
D Gukesh once again matched the defending champion, Ding Liren of China, during the ongoing 11th game of their FIDE World Chess Championship
A survivalist's mindset sees Indian batsmen fail again on the first day of the SCG Test.
Farmer representatives and agricultural stakeholders urged the government to provide cheaper long-term credit, implement lower taxes, and double the PM-KISAN income support during a comprehensive pre-budget consultation with Finance Minister Nirmala Sitharaman on Saturday. The two-hour meeting saw a detailed discussion of proposals, aimed at addressing multiple challenges in the agricultural sector, with key demands focusing on financial relief, market reforms, and strategic investments.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Busy daters will use AI tools to save time and avoid awkward conversations. Two in 10 daters turn to AI for unbiased relationship advice, predicts rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating Web site.
Munjya is the most wildly entertaining ghost I have encountered at the movies recently. But he has the added advantage of being a Maharashtrian ghost, of possessing rhythms of speech and behaviour that are distinctly Maharashtrian, of being blessed with that beautiful brand of Maharashtrian irritability
With a maximum of 11 games remaining under classical time control, the scores are tied at 1.5-1.5. This was after Liren won the opener and the second game ended in a draw.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.
The sixth game of the World Chess Championship between India's D Gukesh and China's Ding Liren ended in a draw.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Mayur Sanap lists five films at MAMI 2024 that took his breath away.
If you don't make the necessary adjustments after October 1, 2024, you'll stop earning interest on accounts that aren't in compliance rediffGURU Milind Vadjikar
IMAGES from Day 3 of the third Test between India and New Zealand at the Wankhede Stadium in Mumbai on Sunday
Although a one-off tax provision negatively impacted the bottom line, HDFC Asset Management Company (HDFC AMC) posted an excellent operational performance in Q2FY25. The equity quarterly average assets under management (QAAUM) growth was 14.7 per cent quarter-on-quarter (Q-o-Q). And, equity AUM market share rose 50 basis points (bps) year-on-year (Y-o-Y) to 12.9 per cent.
All eyes will be on star India batter Virat Kohli, who is perhaps battling the biggest form crisis of his career.
Rajesh Khanna: 'When I saw Namak Haram at a trial at Liberty cinema, I knew my time was up.' I told Hrishida, "Here is the superstar of tomorrow".'
While SGBs are a sound investment, they aren't worth buying at any price. The interest income you earn from them will not justify paying a high premium.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
'With tuition fees for international students rising, education loans have become critical for bridging the gap between savings, scholarship, and full cost.'
Make time for this one, you will be in for a pleasant surprise like I was, endorses Mayur Sanap.