News Muncher - category refunds

3 days, 17 hours ago

Babboe to offer refunds for unsafe bikes after safety recall

NL Times

Babboe, a prominent Dutch manufacturer of cargo bikes, has agreed to offer refunds to customers who purchased certain models of its bicycles deemed to have a potential safety risk. Starting at the end of January 2024, Babboe will provide customers who are affected by the recall with an option to request a refund instead of a replacement bike. The recall …

Safety Bikes Bike Recall Models Customers Refund

1 week ago

Fury as low-income families loose tax refunds to tutors kids couldn't understand

Raw Story

In March 2023, Abdijalil Sheik-Yusuf went before the Minnesota Senate Taxes Committee with a critical plea. The Dar Al-Farooq spokesperson also sent a recent article on Somali Media MN, however, promoting Success Tutoring, saying it would provide “valuable context for your story” including the “systemic challenges minority families face … accessing the education tax credit.” While the mosque claims it …

Success Kids English Tax Credit Refunds Families

1 week, 1 day ago

IND vs AUS: Cricket Australia set to lose a million dollars due to ticket refunds

The Hindu

Cricket Australia is set to lose AUD 1 million in gate receipts after the body was forced to hand out a complete refund on tickets sold for the rain-hit day one of the Gabba Test between India and Australia. The first day of the Gabba Test saw only 13.2 overs before the play was called off due to a heavy …

Ind Cricket Australia

Myntra Loses Over Rs 50 Crore Nationwide In 'Refund Scam': Know How Scammers Operate

ABP News

In a sophisticated refund scam, Flipkart-owned fashion website Myntra has lost millions of rupees after fraudsters exploited the company's customer-friendly refund policies. During this modus operandi, fraudsters place bulk items for high-value items like branded shoes, accessories, and apparel from E-commerce platforms. One of those E-commerce platforms, Myntra, provides customers with an option on its app to lodge complaints and …

Refund Myntra

1 week, 4 days ago

Income tax: Refunds surge 46.31% to ₹3.08 lakh cr; 1.62 crore ITR filings processed in a day, says Finance Ministry

Live Mint

The Ministry of Finance on Thursday, December 12, announced that the issuance of tax refunds had increased 46.31 per cent during the period of April 1 to November 27 in the financial year 2024-25, compared to the same period in 2023-24, reported the news agency ANI. At its peak, the income tax return portal handled over 900 filings in a …

Tax Refunds Income Tax Tax Refunds Ministry Itr Tin

1 week, 4 days ago

This $800 Emotional Support Robot for Kids Will Soon Be Bricked—Without Refunds

Wired

Startup Embodied is closing down, and its product, an $800 robot for kids ages 5 to 10, will soon be bricked. Embodied’s previous backers have included Intel Capital, Toyota AI Ventures, Amazon Alexa Fund, Sony Innovation Fund, and Vulcan Capital, but we don't know who the lead investor mentioned above is. Photograph: Embodiment When it first announced Moxie in April …

Embodied Moxie

1 week, 6 days ago

Grotto organisers offer furious parents refunds over ‘fake santa’ at festive event

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Organisers of a popular festive experience have offered visitors refunds …

Christmas Experience Offer Santa Grotto

1 month ago

ED arrests Bengaluru man for allegedly manipulating ITRs to secure fraudulent tax refunds, money laundering

Live Mint

The Enforcement Directorate has arrested a Bengaluru resident, Dilip B R, for allegedly manipulating Income Tax Returns to secure fraudulent refunds. “One of the key fraudulent tactics used by Dilip B R was the manipulation of ITRs to secure access to non-genuine refunds,” the ED alleged as per the report. According to the investigation, Dilip exploited vulnerabilities in the ‘Kaveri’ …

Tax Dilip Manipulating Itrs

1 month ago

Ludhiana: Industrialists seek release of GST refunds

Hindustan Times

Industrial bodies in Punjab have collectively urged the state government to expedite the process to release the pending GST refunds, citing significant financial strain caused by delayed disbursements. A meeting was held under the chairmanship of Gurmeet Singh Kular, president of the Federation of Industrial and Commercial Organization, along with Harsimerjit Singh Lucky, president of the United Cycle and Parts …

Refunds Industrial Punjab Gst Gst Refunds Significant Financial

ED arrests Bengaluru man for Income Tax returns, refund 'fraud'

Hindustan Times

New Delhi, The Enforcement Directorate Wednesday said it has arrested a man from Bengaluru under the anti-money laundering law for allegedly manipulating Income Tax Returns to obtain fraudulent refunds. ED arrests Bengaluru man for Income Tax returns, refund 'fraud' Dilip B R was taken into custody on November 18 and a special Prevention of Money Laundering Act court sent him …

Bengaluru Fraud Tax Man Refund Income Tax Returns Dilip B R

1 month, 1 week ago

CGST Act | Commissioner Empowered To Withhold Refunds Both From Electronic Cash Ledger And Electronic Credit Ledger: Delhi HC

Live Law

The Delhi High Court has held that refunds, be it from the balance left in Electronic Cash or the Electronic Credit Ledger, are treated at par and the Commissioner under the Central Goods and Services Tax Act may withhold both in exercise of its powers under Section 108. In the case at hand, Petitioner had Impugned Commissioner's order under Section …

High Court Credit Order Commissioner Cash Refund Ledger

1 month, 1 week ago

Centre’s net direct-tax revenue grows 15.4% to ₹12.1 trillion in April-Nov

Live Mint

New Delhi: The union government’s direct-tax collection has grown by 15.41%, after tax refunds, to ₹12.1 trillion so far this financial year, the Central Board of Direct Taxes said on Monday. Securities transaction tax contributed ₹35,923 crore so far this financial year, 90% more than the ₹18,909 crore collected in the same period a year ago, CBDT data showed. So …

Period Tax Revenue Trillion Collection

1 month, 2 weeks ago

US Airlines Have New Rules on Refunds for Canceled Flights. Here’s What to Know

Wired

When a new set of rules for how airlines handle refunds were announced in late April, US Transportation Secretary Pete Buttigieg said they would “deliver the biggest expansion of passenger rights in the department’s history." The new rules also require airlines to be more transparent about add-on fees, such as change or cancellation fees, and to issue refunds for baggage …

Refunds Airlines Rules Refund Dot

1 month, 2 weeks ago

Many retailers offer 'returnless refunds.' Just don't expect them to talk much about it

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Retail Refunds Amazon Online Items Retailers Sellers

1 month, 3 weeks ago

Airlines must now give automatic refunds on delayed and canceled flights

Daily Mail

Airlines have now been told they must give automatic refunds under a new Department of Transportation rule that went into effect this week. Airlines have now been told that automatic refunds must be issued for any 'significant changes' to a flight With the new regulation also comes a strict definition for what constitutes as a 'significant change', which used to …

Regulation Refunds Flights Airlines Report Airline Refund

2 months, 3 weeks ago

GST collections hit a 40-month low in September 2024

The Hindu

Growth in India’s Gross Goods and Services Tax collections slumped to a 40-month low of 6.5% in September, with revenues at ₹1,73,240 crore, about 1% lower than the tally in August. Gross domestic revenues were up 5.9% in September, with the uptick moderating 4.5% higher after adjusting for refunds, provisional numbers from the Central Board of Indirect Taxes and Customs …

Refunds Month Gross Revenues Domestic Revenues Gst

2 months, 3 weeks ago

Air Travel Rights What Passengers Should Know

Huff Post

d3sign via Getty Images Air passengers may be entitled to refunds, compensation, special accommodations and other considerations in different travel scenarios. “That said, the policies when it comes to refunds, reimbursements, compensation, vouchers and the like can be exhausting to keep track of, and what an airline is on the hook for may differ significantly based on whether a flight …

Travel Passengers Compensation Rights Refunds Airlines Air

3 months, 1 week ago

Online returns fraud finds a home on Telegram, costing retailers billions

Live Mint

Apparel retailer PacSun noticed a sharp increase in returns of online purchases earlier this year, including one customer who had returned some 250 orders worth $24,000. Instead, workers found “used or different merchandise returned in the box, or even empty shoeboxes," said Shirley Gao, the company’s chief digital and information officer. The company said its investigation found many of the …

Retail Refunds Online Merchandise Service Retailers Customers

3 months, 2 weeks ago

Enhancing oversight: The Hindu Editorial on the GST Council meet and issues

The Hindu

The Goods and Services Tax Council, entrusted with overseeing the seven-year-old indirect tax regime, is slated to meet on September 9. The Council, whose parleys steered by the Union Finance Minister with States’ representatives are critical for resolving taxpayer challenges and setting broader policy direction, ought to meet regularly at such frequency. Beyond the broader revamp, the Council could also …

Tax Council Gst

3 months, 3 weeks ago

Net GST receipts’ growth slipped to 6.5% in August

The Hindu

Growth in India’s Gross Goods and Services Tax collections slowed marginally to 10% in August from 10.3% in July, with revenues of nearly ₹1.75 lakh crore. Net receipts growth was 6.3% in June In August, gross revenues from domestic transactions were up 9.2%, improving from an 8.9% rise in July, while receipts from imports rose 12.1%, slightly slower than the …

Growth Tax States Refunds Crore Pradesh Net

3 months, 3 weeks ago

ITR refund pending? Tax dept legally has time until 2025 to process it

Business Standard

The Income Tax Department is processing millions of returns – a task that can take until the end of 2025 to complete for some taxpayers. If the refund is delayed beyond these periods, the taxpayer is entitled to receive interest on the refund amount as per Section 244A of the Income Tax Act,” he said. Interest on Income Tax refund …

Tax Income Interest Process Status Itr Return

3 months, 3 weeks ago

Airline customer 'Charter of Rights' will allow refunds, compensation, as part of Aviation White Paper

ABC

Australians will be able to access cash refunds for cancelled or unreasonably delayed flights under the government's much-anticipated crackdown on the aviation sector. The Aviation White Paper was handed down this morning and is hoped to trigger a flight revival after soaring costs and the collapse of two airlines. The government used the white paper to introduce a new 'Charter …

Aviation Airlines White Paper Airline Qantas

3 months, 4 weeks ago

Tax department made Rs 1.57 lakh crore refunds so far, says official

New Indian Express

The Income Tax Department of the Ministry of Finance has processed refunds worth Rs 1.57 lakh crore so far, according to a top Government official. "Those who have not yet received their tax refunds need to check if they have got any notification from the tax department. Revenue Secretary Sanjay Malhotra on Wednesday shared that close to 4 crore Income …

Tax Refunds Crore Tax Department

4 months, 1 week ago

Taxpayers alert! ITR processing time reduced to 10 days from 93 days

Hindustan Times

Finance minister Nirmala Sitharaman said that the average time taken to process income tax returns has decreased from 93 days in 2013 to 10 days. Finance minister said that the 'average' processing time has been reduced to 10 days. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} No, not all ITRs are going to be processed in 10 days as the Finance minister said …

Tax Tax Refunds Processing 10 Days Itr Process

Filters

Articles for Refunds

Babboe to offer refunds for unsafe bikes after safety recall

Fury as low-income families loose tax refunds to tutors kids couldn't understand

IND vs AUS: Cricket Australia set to lose a million dollars due to ticket refunds

Myntra Loses Over Rs 50 Crore Nationwide In 'Refund Scam': Know How Scammers Operate

Income tax: Refunds surge 46.31% to ₹3.08 lakh cr; 1.62 crore ITR filings processed in a day, says Finance Ministry

This $800 Emotional Support Robot for Kids Will Soon Be Bricked—Without Refunds

Grotto organisers offer furious parents refunds over ‘fake santa’ at festive event

ED arrests Bengaluru man for allegedly manipulating ITRs to secure fraudulent tax refunds, money laundering

Ludhiana: Industrialists seek release of GST refunds

ED arrests Bengaluru man for Income Tax returns, refund 'fraud'

CGST Act | Commissioner Empowered To Withhold Refunds Both From Electronic Cash Ledger And Electronic Credit Ledger: Delhi HC

Centre’s net direct-tax revenue grows 15.4% to ₹12.1 trillion in April-Nov

US Airlines Have New Rules on Refunds for Canceled Flights. Here’s What to Know

Many retailers offer 'returnless refunds.' Just don't expect them to talk much about it

Airlines must now give automatic refunds on delayed and canceled flights

GST collections hit a 40-month low in September 2024

Air Travel Rights What Passengers Should Know

Online returns fraud finds a home on Telegram, costing retailers billions

Enhancing oversight: The Hindu Editorial on the GST Council meet and issues

Net GST receipts’ growth slipped to 6.5% in August

ITR refund pending? Tax dept legally has time until 2025 to process it

Airline customer 'Charter of Rights' will allow refunds, compensation, as part of Aviation White Paper

Tax department made Rs 1.57 lakh crore refunds so far, says official

Taxpayers alert! ITR processing time reduced to 10 days from 93 days