Tag: Penalty

The National Green Tribunal (NGT) has directed Rajasthan government to pay Rs 3,000 crore as environmental compensation for improper management of solid and liquid waste.

Odisha government will start collecting fines from the people who have not fixed High Security Registration Plate (HSRP) on their vehicles with registration numbers ending with 1, 2, 3 and 4 from October 1, an official said on Thursday.

Soon e-commerce entities may face heavy penalty for posting fake reviews of products, as the government is finalising guidelines to curb such practices.

Keonjhar: The mining lessees in Keonjhar will depose before Collector’s court today to present their side in connection with the illegal mining case in the State. The owners include S C Padhi, B D Patnaik, Bhanja Minerals, Faker, Mineral trading syndicate, Mid-east steel, Arayani and sons & S N Dammohapatra. All the mining lessees have […]

Bhubaneswar/New Delhi: The mine leaseholders who have failed to pay their stipulated penalty by December 31 will now have to pay the amount along with interest, ordered the Supreme Court today. The defaulter mining leaseholders will have to pay the penalty along with 12 percent interest, stated the apex court and has instructed the Industrial […]

Bhubaneswar: The Special CJM CBI court sentenced Artha Tatwa Group chief Pradeep Sethy to 7-year jail term in connection with the firm’s involvement in the multi-crore chit fund scam in Odisha. Artha Tatwa director Manoj Patnaik, has been awarded four years of imprisonment. While Sethy has been asked to pay a fine of Rs 30,000, […]

  San Francisco: Within hours of the European Union’s (EU) General Data Protection Regulation (GDPR) taking effect on Friday, technology giants Google and Facebook have been hit with privacy complaints that could carry fines of up to $9.3 billion in total, media reported. With regard to privacy, Google, Facebook and Facebook-owned WhatsApp and Instagram are […]

Washington: Yahoo!, now known as Altaba, which was charged with failing to disclose a massive data breach, has agreed to pay $35 million in penalty to the US Securities and Exchange Commission (SEC). In a statement late on Tuesday, the SEC said the entity formerly known as Yahoo! Inc. has agreed to settle charges that […]

Bhubaneswar: The Odisha government on Friday said it will make an all-out effort to recover the penalty from the defaulting mines, claiming it had already recovered over Rs 10,000 crore so far from them. “If you owe money to the government and you think that it will forget, then you should remember that the government […]

New Delhi: In wake of the ordinance promulgated on Friday empowering the Reserve Bank of India (RBI) to tackle bad loans, the central bank revised the guidelines in this regard and warned banks of monetary penalty if they fail to meet the timelines. “The Framework aims at early identification of stressed assets and timely implementation […]

Berlin: The Union of European Football Associations (UEFA) is looking to revolutionise penalty shootouts to make them fairer. Instead of alternating the spot kicks all the way through, the new system will be similar to a tie-break in tennis. The new mode is called “ABBA” whereby team A takes the first penalty followed by team […]

Delhi: The Centre on Tuesday waived penalty on delayed filing of initial GST returns for the months of August and September. “To facilitate taxpayers, late fee on filing of GSTR-3B for August and September has been waived,” finance minister Arun Jaitley tweeted. He said the late fee which has been already charged to businesses will […]

New Delhi: The Supreme Court Wednesday said it will hear Feb 11 the appeal by real estate giant DLF, challenging the imposition of Rs.630 crore penalty by the Competition Commission of India (CCI) for allegedly exploiting its dominant position to the disadvantage of its customers in three apartment projects in Gurgaon.

Customers of State Bank of India (SBI) the country’s largest bank are required to maintain an average monthly balance with their savings accounts. If a customer fails to meet the average monthly balance, he/she will have to cough up penalty charge. Therefore, a SBI customer must be aware of the new rules on average monthly […]

Mumbai: The Reserve Bank has slapped penalties on nine commercial banks, including State bank of India, Punjab National Bank and Bank of Baroda, for a host of violations, including delay on the reporting of fraud in the account of Kingfisher Airlines in case of two lenders. The nine lenders in separate regulatory filings said that […]