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Relief for house owners, can claim zero tax on 2 self-occupied properties

The government on Saturday announced that taxpayers can claim annual value of two self-occupied properties as "nil" without any condition. Photograph: Reuters In her Budget speech, Finance......

Mayawati sacks nephew, rules out naming successor in her lifetime

Bahujan Samaj Party chief Mayawati on Sunday removed her nephew Akash Anand from all party posts, appointing his father Anand Kumar and Rajya Sabha MP Ramji Gautam as national coordinators in his......

Modi slams 'Lutyens Jamaat, Khan Market Gang' over British-era dance ban

Prime Minister Narendra Modi on Saturday took a dig a the 'Lutyens Jamaat' and 'Khan Market Gang', questioning their silence on certain British-era laws, including one in which police could arrest......

Can Mamata block BJP's advance again in 2026 Bengal polls?

West Bengal Chief Minister Mamata Banerjee on Thursday set an ambitious goal of winning more than 215 of the total 294 seats in the state assembly in the 2026 polls, emphasising that the Trinamool......

What worked for BJP, what didn't for AAP

The BJP swept to power in the national capital after a gap of more than 26 years, trouncing the formidable challenge from the AAP, led by Arvind Kejriwal. AAP leaders Manish Sisodia, Saurabh......

Panel to examine Income Tax Bill constituted

Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income Tax Bill. Illustration: Dominic Xavier/Rediff.com To be headed by Bharatiya......

Sitharaman introduces New Income Tax Bill in LS

Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker Om Birla to refer it to a select committee of the House. Photograph:......

New Income Tax Bill likely to be tabled in Par on Thursday

A crispier and simplified Income Tax Bill 2025, having 536 sections, and 23 chapters running into 622 pages, is likely to be introduced in the Lok Sabha on Thursday. Illustration: Dominic......

No income tax up to Rs 12 lakh under new regime

Individuals earning up to Rs 12 lakh annually will not have to pay any income tax under the new tax regime as Finance Minister Nirmala Sitharaman on Saturday gave relief to middle class by raising......

CBDT Uncovers Rs 290 Bn Foreign Assets

In September last year, India received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividend earned outside India. Kindly note......

Rediff News

All Income Tax

News for All Income Tax

Relief for house owners, can claim zero tax on 2 self-occupied properties

Mayawati sacks nephew, rules out naming successor in her lifetime

Modi slams 'Lutyens Jamaat, Khan Market Gang' over British-era dance ban

Can Mamata block BJP's advance again in 2026 Bengal polls?

What worked for BJP, what didn't for AAP

Panel to examine Income Tax Bill constituted

Sitharaman introduces New Income Tax Bill in LS

New Income Tax Bill likely to be tabled in Par on Thursday

No income tax up to Rs 12 lakh under new regime

CBDT Uncovers Rs 290 Bn Foreign Assets

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