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New I-T Bill: No change in taxation of rental income, home loan deductions

The New Indian Express Kochi

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August 14, 2025

AFTER the Income Tax Bill was tabled in February, concerns mounted among homeowners regarding the computation of tax on rental income from housing property.

- PUSHPI TA DEY @ New Delhi

AFTER the Income Tax Bill was tabled in February, concerns mounted among homeowners regarding the computation of tax on rental income from housing property. The new version of the Bill, which was passed in Lok Sabha, confirms there will be no change in the taxation of rental income or in deductions claimed on home loans, for both self-occupied and rented properties.

PLUS D'HISTOIRES DE The New Indian Express Kochi

The New Indian Express Kochi

'We have come far, but the digital divide still exists'

India's smartphone market may be approaching a saturation point but there is still room for innovating products to grow, says Madhav Sheth, CEO of Ai+ Smartphone and founder of NxtQuantum Shift Technologies, in an interaction with TNIE's Rakesh Kumar. Excerpts:

time to read

3 mins

October 24, 2025

The New Indian Express Kochi

AI speeds up HR verification processes

ARTIFICIAL intelligence (AI) has transformed the way human resources firms do background verification and onboarding.

time to read

1 mins

October 24, 2025

The New Indian Express Kochi

The New Indian Express Kochi

Kohli’s twin failures, Sharma’s fifty talking points in India’s loss

IT'S hard to find context in an ODI bilateral series with no major events scheduled in that format for the next two years.

time to read

3 mins

October 24, 2025

The New Indian Express Kochi

Lenovo leads global PC shipments in third quarter; HP, Dell follow

CHINESE technology giant Lenovo has retained its position as the world's leading PC maker in the third quarter of 2025, posting a 17.4% year-on-year (YoY) increase in shipments - the highest growth among the top six vendors, according to preliminary data from Counterpoint Research.

time to read

1 mins

October 24, 2025

The New Indian Express Kochi

Trump factor leads PM to duck Malaysia trip, says Cong

THE Congress on Thursday claimed that the reason for Prime Minister Narendra Modi not travelling to Malaysia for the Asean summit was that he does not want to be cornered by US President Donald Trump.

time to read

1 mins

October 24, 2025

The New Indian Express Kochi

The New Indian Express Kochi

High on drugs, Indian-origin truck driver kills three in US crash; held

A 21-year-old Indian-origin truck driver, Jashanpreet Singh, who had reportedly entered the US illegally in 2022, has been arrested for causing a semi-truck crash in California's Ontario that snuffed out three lives and injured at least four other people on Tuesday.

time to read

1 mins

October 24, 2025

The New Indian Express Kochi

After several stumbles, India march into semis

Openers set the tone as Kaur and Co defeat White Ferns by 53 runs

time to read

6 mins

October 24, 2025

The New Indian Express Kochi

U’khand village puts cap on wedding expenses

TO curb the rising expenses and the culture of showiness at social ceremonies, the residents of Kandhar village in Uttarakhand's tribal region of Jaunsar-Bawar have passed a social bylaw limiting the gold jewellery married women can wear at weddings and family functions.

time to read

1 mins

October 24, 2025

The New Indian Express Kochi

'Abhay' for anonymity: How Maoists evade police action

ENGLISH playwright William Shakespeare wrote in Romeo and Juliet, \"What's in a name?\" For the outlawed CPI (Maoist), the answer is everything. Names, often assumed or symbolic, are a tool of survival, strategy, and connection with the communities in which they operate.

time to read

1 mins

October 24, 2025

The New Indian Express Kochi

321kg gold smuggled through 7 main routes seized in 10 months, says DRI

THE Directorate of Revenue Intelligence (DRI) has uncovered an increasingly sophisticated gold smuggling operation spanning continents. Between January and October this year, DRI intercepted and seized around 321kg of smuggled gold, valued at ₹406.35 crore.

time to read

1 mins

October 24, 2025

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