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States can't have lower fine than in amended MV Act: Attoney general
The road transport and highways ministry in September had sought legal opinion through the law ministry soon after some of the state governments including Gujarat had reduced the fines for compoundable offences below the minimum penalties, which has been specified in the Motor Vehicle Act. The amended law came into effect from September 1.
Café Delhi Heights to set up smaller format stores
The expansion will involve a mix of large and smaller format outlets, the latter to tap captive markets with relatively lower spending such as universities, he said. Railway stations and airports are the other potential channels the chain will tap, besides overseas where it may franchise operations.
Giving Aadhaar number in lieu of PAN? You might be fined for giving wrong information
Section 272B of the Income Tax Act provides for a levy of Rs 10,000 every time a wrong ID number is quoted.
GDR manipulation: Sebi levies Rs 16 cr fine on Sanraa Media, its 6 officials
The order comes pursuant to an investigation conducted by Sebi in connection with several Indian companies that had issued GDRs in overseas market with the intention of defrauding Indian investors.
HDFC MF front-running case: Sebi levies Rs 85 lakh fine on 7 entities
Front-running refers to an unethical practice by someone trading in shares on the basis of advance information given by a broker.
Citigroup hit with $57m fine in UK for incorrect reporting
Citigroup Inc was fined £44 million ($57 million) by the Bank of England for years of inaccurate reporting to regulators about the lender’s capital and liquidity levels.
Fine jewellery redefined: Show yourself some love with Irasva's new line of ornaments
The new range of everyday fine jewellery helps create personalised and timeless memories.
Fine dining redefined: Now unwind in a tropical forest scenery at the 'Merak' lounge
Launched on November 24 at the JW Marriott Hotel, Bengaluru, the lounge is an abode for patrons to experience an urban escapade.
Fines of Rs 577 crore in 18 states post-Motor Vehicle Act
The details of challans and fines were revealed by the road transport ministry in a reply to a question in Lok Sabha this week. The number of challans issued and the total fine were compiled based on the information available in the central government’s Vahan and Saarthi database. In his reply, Union transport minister Nitin Gadkari said.
Return filing system is working fine: GSTN
GSTN said any online system has to have a load threshold and for GST return filing system, it is at 1.5 lakh returns filing at a particular moment. If this threshold is reached, the site shows a message asking the taxpayer to wait for his turn in a few minutes, it said.
Don't stay out in the smog for long: Air pollution can damage brain, lead to Alzheimer's
Fine particles come from traffic exhaust, smoke and dust, and stay airborne for long periods.
A Zoya muse: Interior designer Lipika Sud says creativity not restricted to beautiful things
Zoya from the House of Tata celebrates ‘Finely Crafted Journeys’ with Sud.
Everything’s not OK? That’s Fine
The dark side of Indian men’s cricket is susceptible to mental health issues and a host of reasons still prevents any talk about them. But with a vast number of boys playing cricket under intense competition, it is imperative a system is put in place to encourage open discussion on such issues.
Govt plans to lower fines on companies to boost compliance
A company law panel is expected to recommend lower penalties—half of that levied on larger companies-—for startups, smaller entities, single-person companies and farmer producer organisations. The move will come as a big relief not just for India Inc but for other entities, which together make up for a majority of the companies registered in the country.
GDR manipulation: Bhoruka Aluminium, its officials fined Rs 10.65 crore by Sebi
The entire GDR issue was subscribed by only one entity, Vintage FZE.
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