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"penalty"

  • Mumbai Int Airport slaps fine on ground handling services provider AIASL for aircraft damage

    Mumbai International Airport Limited fined AI Airport Services Limited ₹10 lakh after a detached dolly damaged a Gulf Air aircraft, causing operational disruption, financial losses, and reputational damage at the busy Mumbai airport
  • Telangana govt announces Rs 20 lakh penalty for PG doctors violating bond

    Telangana government tightens Compulsory Government Service rules for medical postgraduates. Doctors who fail to complete one-year service face fines of Rs 15-20 lakh, are barred from government employment, and have restricted leave eligibility, with extensions allowed only for maternity cases.
  • Trump threatens more tariffs on EU following Google fine

    US President Donald Trump threatened new tariffs on the EU after Google was fined $3.47 billion for anti-competitive practices, calling the penalty unfair and promising a Section 301 investigation.
  • NCLAT admits Meta, WhatsApp pleas against CCI’s Rs 213-cr penalty

    Last November, Competition Commission of India had imposed a penalty of Rs 213.14 crore on Meta for unfair business ways with respect to WhatsApp privacy policy update done in 2021
  • What happens if you miss the Jan 15 deadline for filing ITR?

    If a person misses the extended deadline also because of genuine reasons then s/he can ask the Income Tax authorities to excuse the delay. But, if done wilfully, the taxpayer has to face penalties
  • NFRA slaps 1-year ban, imposes fine on auditor for lapses in SRS Ltd audit 

    NFRA has imposed a penalty of Rs 1 lakh and a one-year ban on an auditor for professional misconduct in the audit of SRS Ltd in 2017-18.
  • M&M gets Rs 14.3 lakh penalty notice for incorrect input tax credit claim

    Mahindra & Mahindra Ltd on Friday said it has been imposed a penalty of over Rs 14.3 lakh for incorrect input tax credit availed during the transition from the excise regime to the GST regime.
  • Australia: Sikh fined $57,000 for underpaying Indian student

    The company failed to make the payments to the Indian student, who was employed by the company for almost a year
  • Property tax windfall for GHMC

    Hyderabad: The cash registers of the Greater Hyderabad Municipal Corporation (GHMC) haven’t had a break from ringing in the last three months, with the property tax collection racing towards Rs.1,000 crore, which is a record collection for the first quarter of any fiscal year. Already, in the three months of April to June, the civic […]
  • Telangana: Banned plastic item producers to be fined Rs 1 lakh

    Hyderabad: From Friday, as part of the implementation of the ban on single-use plastic, a penalty of Rs.1 lakh will be levied on producers of banned plastic items, while if caught for the second time the penalty will be Rs 2 lakh. In addition to this, the license will be cancelled and banned material will […]
  • Telangana: Rs 1000 penalty on those not wearing masks

    Hyderabad: With cases of Omicron Covid variant being reported from various countries, the police across the city are also pitching in to create awareness on use of face mask and preventive measures. The health authorities had sought help of the police to enforce the Rs 1,000 challan rule for violators. The Rachakonda police again revived […]
  • RBI imposes penalties on SBI, 13 banks for violation of rules

    The penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949, as applicable.
  • I-T department to redress disputes via ‘Vivaad se Vishwas’ scheme

    Those wanting to put an end to their tax disputes have to file an applications online before December 31 and they will be redressed by March 31, 2021.
  • Penalty for non-compliance with QR code provisions waived

    It would be mandatory for businesses to follow the QR code provisions from April 1, 2021 to avail this penalty waiver

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