News Muncher - category transaction

7 hours, 34 minutes ago

Karnataka RERA Dismisses Real Estate Agent's Complaint Against Godrej Properties, Citing Vindictive Motive

Live Law

Karnataka Real Estate Regulatory Authority bench comprising of Rakesh Singh, Neelmani N Raju and GR Reddy dismissed the complaint filed by a real estate agent seeking the revocation of Godrej Properties project registration for advertising the project before registering it with the Authority. The Authority finds that the agent filed the complaint with a vindictive motive after being excluded from …

Project Complainant Complaint Rera Godrej Properties Builder Authority

15 hours, 5 minutes ago

F&O gamble: 5 reasons why options trading is a losing game for retail traders

India Today

India’s derivatives market has been witnessing unprecedented growth, with retail participation soaring from 5.1 million in FY22 to 9.6 million in FY24. Dr. Jayatu Sen Chaudhury, Professor of Financial Analytics at Great Lakes Institute of Management, cited a recent study conducted by the Securities and Exchange Board of India to highlight the fact that “for most retail traders, options trading …

Retail Options Retail Investors Transaction Transaction Costs Institutional Brokerage Fees

2 days, 19 hours ago

Big Lots conducts going-out-of-business sales after sale of company falls through

Associated Press

NEW YORK — Discount chain Big Lots is conducting going-out-of-business sales at its remaining locations after a sale of the company didn’t materialize. The Columbus, Ohio-based retailer, which sells furniture, home decor and other items, filed for Chapter 11 bankruptcy protection in early September and said private equity firm Nexus Capital Management LP had agreed to acquire “substantially all of …

Sale Big Lots Big Lots

4 days, 3 hours ago

S.68 IT Act | Whether Assessee Discharged Burden To Substantiate Identity & Genuineness Of Share Application Money Is 'Question Of Fact', Not Law: Gauhati HC

Live Law

The Gauhati High Court refused to entertain an appeal with respect to genuineness of credit received by an assessee from share application money, holding that the same would require it to venture into factual matrix of the case which is beyond its jurisdiction under Section 260A of the Income Tax Act, 1961. The appeal was preferred by the Revenue, following …

Law Appeal Court Question Fact Finding Assessee

4 days, 8 hours ago

Both Houses adjourned without any transaction, after protests over Amit Shah’s remarks on Ambedkar

The Hindu

Both Houses of Parliament adjourned for the day on Thursday without taking up any business. Meanwhile, DMK member Tiruchi Siva said the BJP complaint mentioned only one version even though Mr. Gandhi alleged that MPs belonging to the ruling party pushed him. Congress and other Opposition parties have launched an all-out attack on Mr. Shah for his remarks on Ambedkar …

Congress Opposition Gandhi Lok Sabha House Shah Bjp

4 days, 22 hours ago

From new limits to new features: All changes made in UPI in 2024

India TV News

The number of people making online payments through UPI is growing rapidly, doubling during the day and quadrupling at night. According to NPCI data released in November, there were approximately 15.48 million UPI transactions, amounting to an impressive Rs 21.55 lakh crore. Previously capped at Rs 5,000, the new daily limit is now Rs 10,000, allowing these users to conduct …

Payments Users Feature Transaction Limit Upi Npci

6 days, 15 hours ago

Dormant account? Here's how to easily reactivate it at SBI, PNB and 2 more banks

India Today

When a bank account remains inactive for over two years, it is classified as inoperative or dormant. With simple steps, however, you can keep your account active or reactivate it without hassle. TIPS TO PREVENT YOUR ACCOUNT FROM BECOMING INOPERATIVE To keep your account active and avoid unnecessary hassle: Conduct at least one transaction every two years. Punjab National Bank …

Bank Account Your Account Active Pnb Sbi Kyc

6 days, 21 hours ago

CCI approves KKR’s proposal to acquire stake in cloud kitchen brand operator Rebel Foods

Live Mint

New Delhi, Dec 16 The Competition Commission of India on Monday approved global investment firm KKR's proposal to acquire a stake in home-grown food-tech company Rebel Foods. US-based KKR, through its affiliate -- Royce Asia Holdings II Pte, is acquiring a stake in Rebel Foods, which owns Faasos, Behrouz Biryani, Oven Story and other cloud kitchens. “By way of the …

Rebel Foods Kkr India Cci Rebel Foods

1 week ago

How to calculate foreign currency conversion mark-up fees on credit cards?

Live Mint

If you carry a credit card from India while travelling abroad and use it at a merchant overseas, you should remember that you will be charged a conversion mark-up fee. This mark fee typically varies between 1.5 to 3.5 percent of the converted Indian currency. Banks typically charge a mark-up fee, which ranges between 1.5 to 3.5 per cent of …

India Credit Indian Credit Cards Fee Cards Indian Currency

1 week ago

Police officer from Pune loses Rs 2.3 lakh after scanning QR code to pay at local bakery

India Today

Online scams are becoming a growing menace in India. While cyber cells and police are urging citizens to stay cautious, in a surprising incident, a police constable from Pune himself fell victim to cyber fraud, losing Rs 2.3 lakh in a scam involving a QR code. According to the report, the investigation is ongoing, and police revealed that the victim …

Pune Code Transaction Constable Qr Code Otp

1 week, 2 days ago

Though S.52 TP Act Doesn't Make Pendente Lite Transfer Void, Court Can Invalidate Such Sale Exercising Contempt Power : Supreme Court

Live Law

The Supreme Court has held that the Courts can set aside a sale transaction, which was carried out in violation of its directions, as void in the exercise of its contempt jurisdiction. The Court held that although a sale transaction carried out during the pendency of court proceedings would not become void due to the operation of the doctrine of …

Supreme Court Judgment Property Court Contempt Pendency Sale

1 week, 2 days ago

Income tax rule: How much cash can you receive in your bank savings account in one financial year to avoid I-T notice?

Live Mint

Income tax rule: Have you ever considered how much cash you can deposit and withdraw in your bank savings account in a fiscal year to avoid being investigated by the income tax authorities? Personal finance experts say that as per income tax regulations, the total cash deposits or withdrawals in a savings account during a financial year should not exceed …

Tax Bank Income Person Single Cash Transaction

1 week, 2 days ago

'White list' project loans total 3.6 trillion

China Daily

A building under construction in Shanghai. CHINA DAILY Approved loans for national "white-list" projects amounted to 3.6 trillion yuan by the end of November, said Dong Jianguo, vice-minister of housing and urban-rural development, on Saturday. This year, the Ministry of Housing and Urban-Rural Development, in collaboration with the National Financial Regulatory Administration, established a comprehensive coordination framework for real estate …

Real Estate Real Estate Development Estate Development Development Project White List Estate Development Project

Alkem Laboratories promoter buys Worli penthouse for ₹185 crore

Hindustan Times

Mumbai: Seema Singh, one of the promoters of Alkem Laboratories, has acquired a sea-facing penthouse in Mumbai's Worli area for ₹185 crore. REUTERS/Francis Mascarenhas/File Photo/File Photo The luxury residence, located in Lodha Sea Face, boasts a carpet area of 14,866 square feet and is situated on the 30th floor of A Wing in the 40-storey high-rise, which overlooks the Mumbai …

Mumbai Singh Worli

1 week, 4 days ago

"Willful breach": Albertsons hits Kroger with massive lawsuit as merger sours

Salon

The largest proposed merger in the history of American supermarkets came to an abrupt end this week after Albertsons terminated its $25 billion merger agreement with Kroger one day after a federal judge’s ruling blocked the deal. Albertsons responded to the ruling by immediately ending the merger agreement and filing a lawsuit against Kroger in the Delaware Court of Chancery …

Cnn Ruling Merger Kroger Transaction Grocery Albertsons

1 week, 5 days ago

Is the world dumping fine and rare whisky? Whisky Intelligence reports sharp business slump in 2024

Firstpost

According to latest Noble & Co Whisky Intelligence Report, the whisky market is experiencing an extremely sharp downturn, with auction values and transaction volumes plummeting to new lows The once-stable fine and rare whisky market, long regarded as a haven for investors, is facing significant turbulence in 2024. According to Noble & Co’s latest Whisky Intelligence Report, the market is …

Market Auction Report Decline Cent Bottles Whisky

1 week, 6 days ago

Dua Associates Advises BLS E-Services Limited In Its Acquisition Of Controlling Stake In Aadifidelis Solutions Private Limited

Live Law

BLS E- Services Limited acquired 57 per cent controlling interest of Aadifidelis Solutions Pvt Ltd and its affiliates. Dua Associates' team comprising of Prateek Bedi, Partner; Nityashjit Kaur, Partner; Rishabh Halwai, Senior Associate; Rishika Agarwal and Vaibhav Tripathi, Associates advised on the transaction including due diligence and documentation for the transaction and assisted in closing the transaction. BLS renders various …

Services Service Private Limited Dua Associates Solutions Private Limited Solutions Private

1 week, 6 days ago

Mintifi raises $180 million in funding, valuation soars to $850 million

Live Mint

MUMBAI : Mintifi Finserve, a supply-chain financing startup, secured $180 million in a Series E funding round on 10 December, led by Teachers’ Venture Growth, the late-stage investment arm of Ontario Teachers’ Pension Plan, and global investor Prosus. Read this | Mobikwik seeks valuation of around $250 million, cuts issue size “The secondary transaction includes a share sell by Lok …

Funding Capital Company Crore Round Million Invest

1 week, 6 days ago

Income tax rules: How much cash can you receive in one day to avoid an I-T notice?

Live Mint

The income tax department carefully monitors high-value cash transactions, so taxpayers should exercise caution when engaging in them. Section 269ST of the Income Tax Act prohibits receiving cash payments of ₹2 lakh or more in a single day for a single transaction or related transactions on a single occasion. “Taxpayers should be aware that the Income Tax Department monitors high-value …

Income Lakh Person Single Cash Transaction Transactions

2 weeks ago

What are the tax implications of selling property without a PAN?

Live Mint

My sister and I inherited a property from our mother in in 2020. However, if you do not have a PAN, the buyer is obligated to deduct tax at the higher of the prescribed rates – 20% as per Section 206AA of the Income Tax Act, 1961, which is assumed to include both surcharge and education cess. After deducting TDS, …

India Pan Buyer Tds Deduct Tax

2 weeks ago

UPI enables expansion of credit among underserved borrowers: Study

New Indian Express

BENGALURU: Unified Payments Interface has enabled underserved borrowers to access formal credit for the first time as loans to new-to-credit borrowers in regions with high UPI adoption have increased by 4% and to subprime borrowers by 8%, according to a study. Titled Open Banking and Digital Payments: Implications for Credit Access, the study points out that the UPI, since its …

Credit Digital Borrowers Transaction Upi

Meet Rishi Parti, man who bought Rs 190 crore ultra-luxury penthouse in Gurugram

India Today

In a record-breaking transaction, a luxury penthouse in DLF Camellias on Gurgaon’s Golf Course Road has been sold for Rs 190 crore, setting a new benchmark for high-rise condominium deals in India. As per reports, the 16,290-square-foot penthouse fetched an impressive Rs 1.2 lakh per square foot on the super area and Rs 1.8 lakh per square foot on the …

India Luxury Mumbai Info Square Foot Dlf Camellias

2 weeks, 2 days ago

UPI enabled significant expansion of credit among underserved borrowers: Study

Live Mint

New Delhi, Dec 7 Unified Payments Interface has brought in a significant expansion of consumer credit among the underserved borrowers who had no credit history, a study said. By October 2023, 75 per cent of all retail digital payments in India were through UPI, according to a study titled Open Banking and Digital Payments: Implications for Credit Access. It has …

Credit Digital Upi Enabled Underserved Underserved Borrowers

2 weeks, 3 days ago

Paytm’s Singapore arm approves stake sale in Japan’s PayPay

Live Mint

Paytm's parent company, One97 Communications, on Friday, December 6, 2024, approved the sale of its stake in Japan’s credit card company PayPay Corporation. One97 Communications Singapore, a wholly-owned subsidiary of Paytm's Singapore arm, ‘Paytm Singapore’, approved the sale of its stake to the Japanese digital payments company. "We wish to clarify that we have been informed by One97 Communications Singapore …

Japan Sale Company Cent Qoq Its Stake One97 Communications

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Articles for Transaction

Karnataka RERA Dismisses Real Estate Agent's Complaint Against Godrej Properties, Citing Vindictive Motive

F&O gamble: 5 reasons why options trading is a losing game for retail traders

Big Lots conducts going-out-of-business sales after sale of company falls through

S.68 IT Act | Whether Assessee Discharged Burden To Substantiate Identity & Genuineness Of Share Application Money Is 'Question Of Fact', Not Law: Gauhati HC

Both Houses adjourned without any transaction, after protests over Amit Shah’s remarks on Ambedkar

From new limits to new features: All changes made in UPI in 2024

Dormant account? Here's how to easily reactivate it at SBI, PNB and 2 more banks

CCI approves KKR’s proposal to acquire stake in cloud kitchen brand operator Rebel Foods

How to calculate foreign currency conversion mark-up fees on credit cards?

Police officer from Pune loses Rs 2.3 lakh after scanning QR code to pay at local bakery

Though S.52 TP Act Doesn't Make Pendente Lite Transfer Void, Court Can Invalidate Such Sale Exercising Contempt Power : Supreme Court

Income tax rule: How much cash can you receive in your bank savings account in one financial year to avoid I-T notice?

'White list' project loans total 3.6 trillion

Alkem Laboratories promoter buys Worli penthouse for ₹185 crore

"Willful breach": Albertsons hits Kroger with massive lawsuit as merger sours

Is the world dumping fine and rare whisky? Whisky Intelligence reports sharp business slump in 2024

Dua Associates Advises BLS E-Services Limited In Its Acquisition Of Controlling Stake In Aadifidelis Solutions Private Limited

Mintifi raises $180 million in funding, valuation soars to $850 million

Income tax rules: How much cash can you receive in one day to avoid an I-T notice?

What are the tax implications of selling property without a PAN?

UPI enables expansion of credit among underserved borrowers: Study

Meet Rishi Parti, man who bought Rs 190 crore ultra-luxury penthouse in Gurugram

UPI enabled significant expansion of credit among underserved borrowers: Study

Paytm’s Singapore arm approves stake sale in Japan’s PayPay