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RS 5 LAKH COMPENSATION NEWS
Bank failed to return Rs 5 lakh FD after maturity; Kerala HC directs bank to repay FD with 12% interest and Rs 10,000 compensationThe Kerala High Court has ruled that a bank dealing with public funds owes a duty to its depositors to make prompt payment of the funds dep...
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...
IITian refused Rs 35 LPA job to pursue his lifelong dream. What is Archit Chandak doing today?An IIT Delhi graduate, Archit Chandak, turned down a ₹35 lakh annual job offer from a major Japanese firm to serve India. He achieved an im...
ITC Chairman Sanjiv Puri's pay packet shrinks 6.8% to Rs 23.9 crore in FY26In FY26, Sanjiv Puri, the Chairman and Managing Director of ITC, saw his total compensation decline by 6.8% to Rs 23.91 crore. This reducti...
'It costs Rs 1.5 lakh a month just to exist': Indian-origin man asks if Rs 4.6 lakh is enough in BengaluruAn Indian-origin man's detailed monthly budget for relocating to North Bengaluru after 15 years in the US has sparked a lively Reddit discu...
Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
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...
How a Gujarat car owner claimed Rs 1.25 lakh insurance without any proof of accident?A Surat car owner received Rs 1.25 lakh from ICICI Lombard after a consumer commission ruled the undisputed car damage warranted compensati...
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...
Infosys’ Salil Parekh topped IT CEO pay in FY26; here’s what the big chiefs madeInfosys CEO Salil Parekh led the pack among top Indian IT executives in FY26, earning Rs 82.6 crore. Tech Mahindra's Mohit Joshi followed w...
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...
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...
Candidate earning Rs 5 lakh was offered Rs 7.5 LPA, as per 'market standard '. He rejected the offer, landed a Rs 14 LPA job. Delhi co-founder has a message for recruitersA job seeker rejected a Rs 7.5 lakh offer, which was presented as a 50% hike, arguing it undervalued his four years of experience and was l...
Bengaluru techie who started with just Rs 5,000 salary now has Rs 70 lakh net worth, but still carries one regret he cannot forgetA Bengaluru tech professional's journey from a Rs 5,000 monthly salary to a Rs 45 lakh annual package and Rs 70 lakh net worth is inspiring...
Bengal CM Suvendu Adhikari expresses grief over NH-27 Maynaguri accident, announces compensation for victims' kinA tragic road accident on NH-27 in Maynaguri claimed two lives and injured over 50 passengers when a bus collided with a stationary trailer...
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...
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...