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Tag: Penalty

MV Act: Using Defective Vehicle, You Can Be Fined

Bhubaneswar: When was the last time you took your vehicle for repairs, maintenance or servicing? Many motorists would not care for timely maintenance of their vehicles which is one of the essential requirements under the amended Motor Vehicles (MV) Act. As per the Ministry of Road Transport & Highways, timely maintenance of vehicle is a […]

Re-enforcement of MV Act in Odisha exposes habitual offenders again

Bhubaneswar: Despite a relaxation period of six months, scores of commuters across Odisha were left red-faced after being caught flouting traffic rules under the amended Motor Vehicles Act-2019 which were re-enforced in the State from today. While some rule breakers managed to dodge the deployed traffic cops and flee spot without paying any fine, others […]

traffic violation in Odisha
Expensive Mistake! Odisha Man Fined Rs 42,500 For Allowing Minor To Drive Motor Bike

Bhubaneswar: Despite a plethora of awareness campaigns, parents are seen making fatal and expensive mistakes by allowing their unauthorized minor to drive a vehicle. A case in point is the recent incident in Bhadrak where the Odisha transport department imposed a penalty of Rs 42,500 on the owner of a two-wheeler for allowing a minor […]

Bizarre! Man In Nabarangpur Gets 'Challaned' By Jharsuguda Traffic Police

Nabarangpur: Since the enforcement of new Motor Vehicles Act, we have come across several incidents of hefty fines being imposed on motorists but recently, in a bizarre incident, a Nabarangpur resident was fined by Traffic police of another district. According to the complainant, Manas Ranjan Das, he never went to Jharsuguda but received a message […]

Open Defecation, Urination to Attract Penalties in Bhubaneswar

Bhubaneswar: In a bid to make the capital city open-defecation free, the Bhubaneswar Municipal Corporation (BMC) has decided to impose penalties for open defecation and urination. While Rs 200 will be charged as penalty for open defecation, a fine of Rs 150 will be imposed for urinating in the open. According to the official notification […]

Laxmi Puja
New MV Act: Motorcycle dealership in Odisha Slapped Rs 1 Lakh Fine

Paralakhemundi: Selling vehicle without registration proved costly for a vehicle dealership as a whopping Rs 1 lakh penalty was imposed by the office of Gajapati Regional Transport Officer (RTO). As per reports, one Jubinas Bhuyan of Tarbha village under Gumma block of Gajapati had bought a motorcycle from Sitaram Motors in Rayagada. However, the dealer […]

SBI job notification in May 2019
RBI Imposes Heavy Penalty On 9 Banks. Here's Why

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 […]

Failed to keep minimum balance in savings account; here's all you need to know

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 […]

Illegal Mining: 8 mine owners to appear before Keonjhar collector’s court

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 […]

Google, Facebook face penalty over 'take it or leave it' approach

  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 […]

Yahoo! agrees to pay $35mn penalty for data breach

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 […]

Odisha to make all-out effort to recover penalty from defaulting mines

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 […]

Defaulter mine leaseholders to pay penalty plus interest: SC

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 […]

Jaitley announces waiver of fine for delayed filing of GST returns in Aug, Sept

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 […]

reserve bank
RBI revises NPA norms, announces penalty on banks for non-compliance

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 […]

UEFA planning 'ABBA' penalty shootout revolution

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 […]

Pradeep Sethy
Artha Tatwa’s Pradeep Sethy gets 7-year jail term

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, […]

SC to hear DLF appeal over Rs.630 crore penalty in February

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.