Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...
ITR-4 or ITR-3? Know which ITR form to file under presumptive taxation scheme and the documents requiredTaxpayers using the presumptive taxation scheme must select the correct Income Tax Return form. Generally, ITR-4 is suitable for individual...
Union Minister Pralhad Joshi warns restaurants against service charge, says violators will face finesUnion Minister Pralhad Joshi warned restaurants against levying mandatory service charges. Establishments continuing this practice face str...
CCI junks complaint against Reliance Jio Infocom, othersThe Competition Commission of India (CCI) has dismissed a complaint against Reliance Jio Infocom Ltd and over 4,500 companies, citing a lac...
Online car valuation vs final offer: How to read the gap before you sellUnderstand why your online car valuation and the final selling offer differ, and how to read the gap before you sell.
Time to score own goals: India's GCCs create world-class research, but rarely own the IP that generates future wealthIndia's innovation challenge lies in foreign ownership of research assets. Global Capability Centers generate significant revenue but do no...
Income tax on gifts: Received cash, property or shares? You may have to pay tax and report it in your ITR in these casesGifts from specified relatives are fully exempt from income tax. Non-relative gifts exceeding certain values become taxable under specific ...
Rs 1 lakh flagship phone starts overheating within 2 weeks: Buyer denied replacement during warranty wins full refund from Flipkart, Samsung and othersA Kerala consumer commission has ordered Flipkart, Samsung, its authorised service centre, and the third-party seller to jointly either rep...
Amazon delivered wrong shoes and denied refund: Kerala customer wins nearly Rs 10000 payoutA Kerala consumer commission has ordered Amazon to refund Rs 1,945.30 and pay Rs 8,000 as compensation to a Kannur engineer who ordered bla...
Delhi-NCR hospital charged lakhs extra during treatment: Gurugram patient wins Rs 12 lakh from Yashoda Hospital and Niva Bupa; he was battling colon cancerA Gurugram man battling colon cancer has won over Rs 12 lakh from Yashoda Hospital, Ghaziabad, and Niva Bupa after the consumer court found...
Bought a new apartment but facing structural, workmanship, or quality issues? Builders must repair it within 30 days if... Know your rights under RERABuilders must repair structural and quality defects within five years of possession. Homebuyers can report issues and expect repairs within...
GST law panel clears proposal to shield buyers' input tax credit from supplier defaultsA GST Council proposal will protect buyers from losing input tax credit. This protection applies if suppliers fail to deposit taxes with th...
Govt mandates TReDS for CPSE-MSME payments to tackle delayed duesCentral Public Sector Enterprises must now use TReDS for MSME supplier transactions. This move aims to resolve delayed payment issues for s...
Noodles bought from Reliance Retail makes girl sick: Company fined Rs 20,000 for selling packet 3 months past expiry; retailer blamed her father for missing expiry dateA Himachal Pradesh consumer commission has ordered Reliance Retail to refund the purchase price and pay Rs 20,000 in compensation and litig...
ED charge sheets Punjab minister Sanjeev Arora in ₹102 cr money laundering caseThe Enforcement Directorate has filed a chargesheet against Punjab Minister Sanjeev Arora. This action stems from an alleged over ₹102 cror...
RBI pushes interoperability in TReDS to avoid monopolyReceivables Exchange of India (RXIL), Invoicemart and M1xchange, the first three operators of the central bank-backed invoice discounting s...
First ever: ED auctions seized aircraft Hawker 800A in Falcon scamIn a significant move, the Enforcement Directorate has successfully auctioned a Hawker 800A aircraft for Rs 3 crore. This marks the first t...