Tax

Rediff.com » News » Tax

News for Tax

News
Business
Movies
Sports

Income of thousands, hit with tax notice for crores!

A man earning Rs 15,000 salary got an income tax notice of Rs 33.88 crore, another making Rs 8,500 was slapped with a notice of Rs 3.87 crore and a third Rs 7.79 crore. IMAGE: Kindly note that......

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Indian-American members of the US Congress and the diaspora community criticised the reciprocal tariffs imposed by President Donald Trump, calling them "reckless and self-destructive”, urging......

Trump admits to 'transition problems' with tariff plan

Amid the tumbling stock market in the United States, following the White House clarification of tariffs on China to be at least 145 per cent and an earlier announcement of a 90-day pause on tariffs......

India ends transshipment pact with Bangladesh after Yunus remark

India has withdrawn the transshipment facility it extended to Bangladesh for exports to the Middle East, Europe and various other countries through its ports and airports amid increasing strain in......

Woman who died in Delhi park had come to bid farewell to fiance

Nikhil Singh wanted to see Priyanka one last time before leaving for Cyprus where he works. Little did he know this was going to be their last meeting. Image used only for representation.......

'Consumers should not pay higher taxes for clean technologies'

'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.' IMAGE: Prime Minister Narendra Modi launches E20 fuel and flags off......

Single Tax-Return Rule May Return!

'Bringing it back will help prevent reassessments of the income already disclosed.' Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Nataliya......

ITR-B Targets Undisclosed IncomeReporting

Form ITR-B allows the assessee to claim TDS (tax deducted at source) and TCS (tax collected at source) credit against undisclosed income. Photograph: Jitender Gupta/ANI Photo The finance......

Now you can help in drafting Income-Tax rules

Central Board of Direct Taxes on Tuesday said stakeholders can send their inputs for drafting Income-tax rules and related forms pertaining to the proposed Income Tax Bill, 2025. Illustration:......

FPIs pulled out Rs 10,355 cr from equities in last four trading sessions

Foreign investors withdrew Rs 10,355 crore from the country's equity markets in the last four trading sessions this month due to sweeping tariffs imposed by the US on most nations, including India.......

Guess Which Celebrity Pays The Most Tax?

Photograph: Kind courtesy Amitabh Bachchan/Instagram At 82, Amitabh Bachchan is India's highest tax-paying celebrity, surpassing A-listers like Shah Rukh Khan, Aamir Khan and Salman Khan, as well......

'We Are Still Struggling'

'The audience wants content.''If your trailer lands, if your teaser runs, if people like the songs, they will definitely come.'Rediff.com's Patcy N, Hitesh Harisinghani and Afsar Dayatar report......

'BJP Candidates Win Only Because Of Modi'

'BJP leaders emerged victorious only because of Narendra Modi's name, not for their own political capability.' IMAGE: Samajwadi Party MP Jaya Bachchan speaks in the Rajya Sabha during the Budget......

Real Madrid coach Ancelotti's tax evasion trial begins

IMAGE: The prosecutor is seeking a prison term of four years and nine months for Ancelotti and a fine of 3.2 million euros. Photograph: Ana Beltran/Reuters Real Madrid coach Carlo Ancelotti told a......

Did Jaiswal Fall Out With Rahane?

IMAGE: Yashasvi Jaiswal stunned Mumbai cricket fans this week when he revealed his desire to play cricket for Goa in domestic cricket. Photograph: BCCI In a move that has taken the domestic......

Rediff News

Tax