Withdrawing a cumulative Rs 10 lakh a year can attract 3-5 per cent tax if a proposal going around in the Finance Ministry takes shape in the Budget to track high value cash deals and make digital payments mandatory.
In its push towards a digital economy, the central...
Bombay Hospital, which has a capacity of more than 800 beds and is also a post-graduate teaching institute, was told its practice of overcharging on medicines sold to a patient while being treated at its main operation theatre was an unfair practice.
The South Mumbai District...
The Reserve Bank of India (RBI) has decided to do away with its charges levied on transactions processed in the real time gross settlement system (RTGS) and national electronic funds transfer (NEFT) systems. The Central bank has also asked banks to pass the benefits to their customers who use...
Many people crib about bad products and services but procrastinate when it comes to filing a formal complaint, especially if the company refuses to redress the grievance and it needs to be escalated to a consumer forum or other appropriate authority.
Often, consumers end up filing...
In a judgment that brings relief to millions of home-buyers, a consumer court has ruled that a home buyer is well within his rights to demand refund of the entire amount paid, along with a nominal interest rate, if the flat has not been delivered even after a delay of one year from the...
