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PENALTY FOR SERVICE DELAYS
Delhi govt notifies new law, imposes Rs 250 daily fine on officials for service delaysThe Delhi government has enacted the Delhi (Right of Citizens to Time-Bound and Easy Delivery of Services) Act, 2026. The Act aims to ensur...- Rs. 400 crore of ‘cash’ that existed only on paper: Not for the first time, nor will it be the lastWhen something is wrong inside a company, the people running it know first. The auditors may sense it next. A regulator might confirm it ye...
- Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certaintyASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic ma...
- Why Paris Jackson is seeking $600 million from Michael Jackson’s estate nearly 17 years after his deathParis Jackson has filed a petition for a $600 million transfer to the Michael Jackson Family Trust. She claims that the estate's executors ...
- Govt mulls giving Cert-In enforceable powers to mandate patchingLast month, two critical flaws in the PHP programming language, discovered with the help of AI, created worldwide panic as hackers targeted...
- A Rs. 48 crore profit on paper, a Rs. 231 crore loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
- Govt to bankroll half the cost of deepwater wells, but wants its money back from winnersThe Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provid...
- Rapido bike-taxi shut down ordered: Pune DM orders immediate removal of bike taxi option from app after an FIRRapido News: Pune District collector Jitendra Dudi has asked the city police commissioner to remove Rapido’s bike taxi option from the app ...
- Builder promised 1,395 sq ft flat, parking, compensation in return for property, then issued notice demanding Rs 30 lakh; landowners win over Rs 1.22 crore reliefWhile the landowners were given physical possession of the flat in May 2018, the developer failed to pay their share of the stamp duty and ...
- GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEsThe success of next-generation GST reforms will ultimately be measured on the basis of their ability to lower compliance costs, enhance ref...
- Strong majority of voters believes Trump is failing at home and abroad: AP-NORC pollFederal authorities are investigating suspicious mailings received by congressional and election offices across the country. With Election ...
- Satellite network a 'technology of geopolitical control': Think tank for hard limits on StarlinkAn Indian policy group has advised the government to enforce strict conditions on foreign satellite operators. The Kutniti Foundation argue...
- Reliance could earn up to Rs 12,600 crore EBITDA from cheap Venezuelan crude. What investors should knowReliance Industries could benefit from renewed access to discounted Venezuelan crude, which may boost refining margins at its Jamnagar comp...
- SBI refused to close higher fee credit card given to woman who asked for cheaper one; charged Rs 2,999 instead of Rs 499; SBI Card ordered to pay Rs 50,000A Delhi consumer commission has ordered SBI Card to pay Rs 50,000 to a cardholder who asked for a cheaper credit card and was refused. The ...
- GST e-invoicing may cover services imports from unregistered companiesThe Indian government is set to enhance GST reporting for imported services through e-invoicing. This expansion will affect businesses with...
- GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changesGST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities f...
- GST winners 2026: No rate cuts, but small businesses, exporters and taxpayers have plenty to gain. Here's howGST Reform Winners 2026: The GST Council has greenlit key reforms intended to simplify compliance for businesses across the board. Small bu...
- "GST is always very useful for state like West Bengal": Finance Minister Swapan Dasgupta after 57th GST Council meetIn the recent 57th GST Council meeting, West Bengal Finance Minister Swapan Dasgupta emphasized the crucial role of GST in bolstering state...
- Compensation of Rs 100 to Rs 5,000 per day for delay by bank in processing your request in these 5 situationsFrom stuck credit card closure requests to lost property papers, RBI rules require banks to pay you for every day they're late. A customer ...
- First Russian-tech Vande Bharat sleeper still not ready: Kinet may face penalty over unresolved issues as train is now pushed to March 2027The first Vande Bharat sleeper train using Russian technology is likely to face another six-month delay, with Indian Railways now targeting...
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