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REFUND PROVISION
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...- NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
- Tenant or landlord: Who is responsible for repairs in a rented home? Here's what the law sayWho pays for repairs in a rented home? A leaking tap, damaged wall or broken fitting can quickly turn into a dispute between tenants and la...
- What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
- EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...
- AAP in Punjab orders private schools to refund fees increased beyond 5%, says Arvind KejriwalPunjab has enacted a new law to control private school fee increases. The government has capped annual fee hikes at five percent. Schools t...
- India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
- Delhi University revises fee refund rules under NEP; full refund if students exit within 30 daysDelhi University introduces a new fee refund policy for NEP 2020. This policy covers the four-year undergraduate program and multiple entry...
- Exit Ranveer, enter a clearer picture for artist exitRanveer Singh stepping away from Don 3 highlights the persistent contractual challenges within Bollywood. Legal experts advocate for more e...
- Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...
- SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penaltyThe Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal wi...
- JioStar raises damages claim against Zee to $1.1 billionJioStar has raised its damages claim against Zee Entertainment Enterprises to over a billion dollars. The dispute involves a cricket broadc...
- 'Not new for CBSE': Education Ministry dismisses concerns about On-Screen Marking systemThe Ministry of Education has addressed concerns regarding Class 12 exam scores and On-Screen Marking. Officials stated that OSM is a trans...
- GST Tribunal revamps appeal process: Division bench review now mandatory for appealsThe move seeks to prevent smaller benches from deciding cases involving important legal questions, ensure consistent rulings, and streamlin...
- Who can file ITR-1 this year? Common mistakes to avoid while filing ITR-1 for AY 2026-27 on or before July 31, 2026Individuals eligible for ITR-1 filing for AY 2026-27 must file by July 31, 2026. This form is for resident individuals with income up to ₹5...
- IRS won't tell you about these COVID refunds, but here's how to claim every dollar you are owedNearly 79 million Americans already filed federal tax returns this year. Yet millions may still qualify for hidden IRS COVID refund claims ...
- New Income Tax law aims to build transparent, tech-driven ecosystem for taxpayers: OfficialPune's Principal Chief Commissioner of Income Tax, Vivek Wadekar, announced the new Income Tax Act, 2025, aims to simplify compliance and f...
- Net interest margin to fall, Bank of Baroda can look to upsize treasury, wealth businessBank of Baroda anticipates tighter margins this fiscal. Sticky deposit rates and restricted lending rate increases will impact profitabilit...
- SBI shares plunge 10% in two days after Q4. Do Morgan Stanley, Citi & Bernstein see a rebound soon?SBI shares fell over 3% on Monday and are down 10% in two sessions despite the lender reporting a 6% YoY rise in Q4 standalone net profit t...
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