Refund

Refund News

Still not received your Income Tax Refund? Here's what you should do now
Business

Still not received your Income Tax Refund? Here's what you should do now

You won't receive a refund until your ITR has been processed and verified. You can check your refund status online to know the progress

SC asks Supertech to refund with interest all homebuyers invested in twin towers of Noida
Business

SC asks Supertech to refund with interest all homebuyers invested in twin towers of Noida

The Supreme Court bench, which was hearing contempt petitions of home buyers, seeking refund with an interest of the amount paid to buy their flats directed the Supertech to pay the amount by 28 February

Travel firm, Manali hotel fined Rs 27,000 for duping two honeymoon couples
India

Travel firm, Manali hotel fined Rs 27,000 for duping two honeymoon couples

The Chandigarh Consumer Disputes Redressal Commission penalised firm Travel Talkies and The Humsour View hotel for spoiling the couples' honeymoon

SASB announces refund of registration fee to this year's Amarnath yatris
India

SASB announces refund of registration fee to this year's Amarnath yatris

It has been decided that the registration fee pilgrims will be refunded to them from 1 to 13 October, officials said. Those who want to get their fee refunded shall have to approach the concerned bank branch which had issued the yatra permit

Income tax refunds over Rs 67,400 crore issued in five months of this fiscal
India

Income tax refunds over Rs 67,400 crore issued in five months of this fiscal

Of this, income tax refunds of Rs 16,373 crore have been issued in over 22.61 lakh cases and corporate tax refunds of Rs 51,029 crore have been issued in over 1.37 lakh cases

Bundesliga: Schalke 04 apologise for questioning fans over refund of tickets
Sports

Bundesliga: Schalke 04 apologise for questioning fans over refund of tickets

Schalke 04 on Thursday apologised for an insensitive and impersonal refund form, after asking fans who had bought tickets to matches they could not attend due to the COVID-19 pandemic, to explain why they needed their money back.

Coronavirus Outbreak: Bank of Baroda offers refund of March EMI to home, auto loan customers
Business

Coronavirus Outbreak: Bank of Baroda offers refund of March EMI to home, auto loan customers

State-run Bank of Baroda on Wednesday said it is offering retail customers the option of getting a refund of the EMI that already has been deducted in March to meet any liquidity need during the disruption caused by COVID-19 pandemic

Don't cancel train tickets booked online, you will get refund automatically: IRCTC to Passengers
Business

Don't cancel train tickets booked online, you will get refund automatically: IRCTC to Passengers

The IRCTC has asked people not to cancel the tickets they have booked online for those trains that have been cancelled and assured them that they will get a full refund automatically

SEBI tells Sahara India Commercial Corp to refund over Rs 14,000 cr raised via OFCDs with 15% interest to investors
Business

SEBI tells Sahara India Commercial Corp to refund over Rs 14,000 cr raised via OFCDs with 15% interest to investors

SEBI found that Sahara India Commercial Corporation (SICCL) had made an offer of OFCDs in financial years 1998-2009 and raised an amount of at least Rs 14,106 crore from 1,98,39,939 investors.

Sebi puts on sale Pancard Clubs' properties, vehicles to recover over Rs 7,000 crore of investor money
Business

Sebi puts on sale Pancard Clubs' properties, vehicles to recover over Rs 7,000 crore of investor money

In a notice issued on Wednesday, Sebi said it will auction 43 properties of Pancard Clubs as well as five vehicles, including Mercedes Benz, Toyota Innova and Hyundai Verna, owned by the company.

A quick guide to filing income tax return for AY 2017-2018; you can do it online in less than 15 minutes
Business

A quick guide to filing income tax return for AY 2017-2018; you can do it online in less than 15 minutes

It took me less than five minutes to do so, as I used the documents upload mode and most of my data was populated on the form automatically.

Facebook will refund some of the advertisers after discovering a bug in metrics
News & Analysis

Facebook will refund some of the advertisers after discovering a bug in metrics

Facebook said it had fixed the bug, which was not found on the desktop version or the mobile app.

Amazon will refund about $70 million to its users for unauthorised in-app purchases
News & Analysis

Amazon will refund about $70 million to its users for unauthorised in-app purchases

Amazon has decided to refund up to $70 million to its users, a move that comes a year after the company was found guilty of illegally billing users for unauthorised in-app purchases.

Samsung Galaxy S8 may launch with 3 month unconditional refund period; new screen resolution options emerge
News & Analysis

Samsung Galaxy S8 may launch with 3 month unconditional refund period; new screen resolution options emerge

This essentially means that you will be able to use the Samsung Galaxy S8 and return in for the refund within three months regardless the condition of the device.

Petition seeking refund from Ola, Uber worth Rs 9,239 crores dismissed by apex consumer commission
News & Analysis

Petition seeking refund from Ola, Uber worth Rs 9,239 crores dismissed by apex consumer commission

The apex consumer commission Thursday dismissed a petition seeking a refund of over Rs. 9,200 crores as excess mount allegedly charged by Ola and Uber cab aggregators.

CBI has registered a new case against 7 after Paytm files complaint for cheating
News & Analysis

CBI has registered a new case against 7 after Paytm files complaint for cheating

The CBI on Wednesday said it has registererd a fresh case against seven persons for allegedly cheating digital wallet Paytm to the tune of Rs 3.2 lakh after receiving a complaint from its parent company.

Parsvnath gets Supreme Court order to deposit Rs 12 cr in 4 weeks in Ghaziabad project
Business

Parsvnath gets Supreme Court order to deposit Rs 12 cr in 4 weeks in Ghaziabad project

The money has to be deposited with the apex court over the next one month

Flipkart tops consumer study, most preferred e-commerce platform among consumers
News & Analysis

Flipkart tops consumer study, most preferred e-commerce platform among consumers

Flipkart, India's largest e-commerce marketplace has emerged at the top of a recent consumer study conducted by Red Seer Consulting research firm.

How PACL ran a Rs 50,000 cr ponzi scheme
Corporate

How PACL ran a Rs 50,000 cr ponzi scheme

The Securities and Exchange Board of India(Sebi) in an order issued on August 23, 2014, banned Delhi based PACL, from collecting any more money from investors. Sebi also asked PACL to refund the money to investors over the next three months.<br />