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GST COMPENSATION CESS SHORTFALL
Homebuyer paid for a flat in a Delhi housing society in 2003, got delayed possession, sought compensation for delay; SC defends his rightThe SC said that the homebuyer can make a claim for compensation for delayed possession. “The subsequent receipt of possession cannot, by i...- ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
- Homebuyer can seek compensation for delayed delivery after taking possession: SCHomebuyers can pursue compensation for delayed flat delivery even after taking possession, the Supreme Court ruled. The apex court overturn...
- MSMEs and GST@9: Journey so far and next phase of reformsFor India Inc., including MSMEs, the focus appears to have shifted from stabilisation to optimisation, as confidence grows on account of di...
- GSTAT extended relaxed scrutiny guidelines for filing appeals till December 31, 2026; Know how this helps taxpayersThe Goods and Services Tax Appellate Tribunal (GSTAT) has extended its relaxed scrutiny guidelines for filing appeals until December 31, 20...
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
- Maharashtra cabinet sub-committee clears Rs 1,722-crore Sea Link-Savarkar bridge connectorMaharashtra's infrastructure sub-committee has greenlit a Rs 1,722.40 crore project to build a 3.55-km road connecting the Versova-Bandra S...
- Who is Shankh Mitra? The Indian-origin CEO who became the world's second-highest paid executive in 2025 after Elon MuskIndian-origin Shankh Mitra, CEO of Welltower, has been named the world's second-highest paid executive in 2025 with an $821 million package...
- Alera Group data breach settlement: Americans could get up to $3,500 in settlement payouts-know who’s eligible and the claim deadlineA significant data breach settlement from Alera Group Inc. offers thousands of Americans a chance for compensation, with a filing deadline ...
- Harsh Goenka says Rishabh Pant's Rs 12 crore salary cut is unimaginable in corporate world, netizens reactRPG Group Chairman Harsh Goenka's viral social media post comparing cricketer Rishabh Pant's IPL earnings drop to a CEO's salary sparked de...
- Lost Rs 50,000 in digital fraud? Soon, you can get 85% amount back if you follow these rules - 3 calculations to explain how this worksAs per the latest RBI guidelines, if you have lodged a complaint for the fraudulent transaction within 5 calendar days, you shall be compen...
- PM Modi announces Rs 2 lakh ex-gratia for families of deceased in Taratala godown shed collapse, Rs 50,000 for injuredPrime Minister Narendra Modi has announced an ex-gratia of Rs 2 lakh for the families of eight deceased in Kolkata's Taratala godown shed c...
- RBI finalises digital banking fraud protection rules; introduces shadow reversal, extends relief to sole proprietorsVictims of digital payment fraud losing up to Rs 50,000 can now get up to Rs 25,000 compensation from banks, effective January 1, 2027. The...
- RBI expands digital fraud protection, introduces compensation for small-value scam victimsThe RBI has expanded customer protection rules for digital payment frauds to cover cases where people are tricked into sending money to sca...
- West Bengal budget is 'expansionary' and seeks to revitalise the state's economy: State FM Swapan DasguptaThe first state budget presented by the new BJP government in West Bengal combines a push for industrial revival with continued focus on we...
- Skoda Auto and its Mumbai dealer ordered to pay Rs 3.25 lakh compensation after 58 days repair delay on five-month-old carA Mumbai lawyer's brand-new Skoda Superb refused to start just five months after purchase. The car spent 58 days at the service centre whil...
- GST wins India Inc's vote, but businesses seek faster refunds and smarter reforms: DeloitteIndia's GST regime has achieved widespread acceptance, with digitisation and rate adjustments hailed as major successes. Businesses now pri...
- Red Tape ordered to pay Rs 8,000 compensation after charging customer Rs 10 for carry bagA consumer commission in Rohtak has ordered footwear brand Red Tape to refund Rs 10 for a carry bag and pay Rs 8,000 in compensation and co...
- Instagram seller ordered to pay Rs 10,000 after delaying Rs 807 dress by 10 monthsA Kerala consumer commission ordered an online clothing seller to refund a dress cost and pay Rs 10,000 in compensation and costs. The sell...
- Nissan car owner awarded Rs 11 lakh compensation after waiting 8 years for repairA Patna man's Nissan Evalia, bought in 2014, has finally seen resolution after an eight-year ordeal at a workshop. The car, taken for a sta...
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