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 […]
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 […]
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 […]
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.