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Taiwan bans eating dogs and cats

Taiwan has banned the eating of dogs and cats, lawmakers said on Wednesday. as pressure grows to improve animal welfare after a spate of cruelty cases that stirred public outrage.

Huge penalty to be imposed in motor vehicle amendment bill

Huge penalty to be imposed in motor vehicle amendment bill. Watch this special segment and get to know more here.

Post raids, black money to attract over 137% in tax, penalty

Post raids, black money to attract over 137% in tax, penalty

Black money holders will have to bear taxes and penalties amounting to as high as 137 percent if they do not admit to or fail to explain the source of undisclosed income after being raided, the income tax department today said.

Govt to keep track of deposits above Rs 2.5 lakh, to attract tax plus 200% penalty on income mismatch

Govt to keep track of deposits above Rs 2.5 lakh, to attract tax plus 200% penalty on income mismatch

Further dangling the stick, government on Wednesday night warned that cash deposits above Rs 2.5 lakh threshold under the 50-day window could attract tax plus a 200 percent penalty in case of income mismatch.

Cheque dishonour case: RBI eases norms in events of Rs 1 crore and above

Cheque dishonour case: RBI eases norms in events of Rs 1 crore and above

Easing norms in the cheque dishonour cases of Rs 1 crore and above, Reserve Bank of India on Thursday left the decision to the discretion of the lender on whether to issue fresh chequebooks or not in such issues.

RBI imposes Rs 27-crore penalty on 13 banks

RBI imposes Rs 27-crore penalty on 13 banks

Reserve Bank of India (RBI) has imposed Rs 27-crore penalty on 13 public and private sector banks of the country for violation of Know Your Customer (KYC) norms.

Cairn faces Rs 10,247-crore fine on top of Rs 29,000 crore tax demand

Cairn faces Rs 10,247-crore fine on top of Rs 29,000 crore tax demand

In a circular to shareholders, the company said it had on February 4 received "a final assessment order from the Indian Income Tax Department in amount of Rs 10,247 crore plus interest back dated to 2007 totalling Rs 18,800 crore.

Telcos paid Rs 6-crore penalty to TRAI in a year

Telecom operators paid a total penalty of around Rs 6 crore during July 2014-June 2015 to regulator Trai for violation of service quality norms.

Ganga rejuvenation: NGT bans plastic from Gomukh to Haridwar

There will be a complete ban on use of plastic of any kind from Gomukh to Haridwar along Ganga with effect from February 1, the National Green Tribunal directed on Thursday while slapping a penalty of Rs 5,000 per day on erring hotels, dharamshalas and ashrams spewing waste into the river.

Black money: Govt gets Rs 17 crore tax and penalty till November 26

Black money: Govt gets Rs 17 crore tax and penalty till November 26

The government has collected Rs 16.69 crore as taxes and penalty till November 26 from those who have disclosed illegal wealth under the black money compliance window.

ISL: Atletico de Kolkata go down to NorthEast United FC at home

ISL: Atletico de Kolkata go down to NorthEast United FC at home

NorthEast United FC struck through a Simao Sabrosa penalty to beat Atletico de Kolkata 1-0 in an ISL match.

ISL: Kerala Blasters, Chennaiyin FC settle for 1-1 draw

ISL: Kerala Blasters, Chennaiyin FC settle for 1-1 draw

Kerala Blasters missed a penalty kick and had to settle for a 1-1 draw with Chennaiyin FC in a ISL match.

IRDA imposes Rs 60 lakh penalty on United India Insurance

Insurance regulator IRDA Monday imposed a penalty of Rs 60 lakh on state-owned United India Insurance Company Ltd for violation of various regulatory provisions.

'Penalty of up to Rs 25 cr for mis-selling insurance policies'

The amended insurance law provides for a penalty of up to Rs 25 crore for mis-selling or misrepresentation of policies by agents or insurance companies to customers.

I-T Dept slaps $1.6 bn tax demand on Cairn Energy Plc

I-T Dept slaps $1.6 bn tax demand on Cairn Energy Plc

Income Tax Department Tuesday slapped a Rs 10,247 crore (USD 1.6 billion) tax demand on Cairn Energy Plc, which termed the action as "very disappointing" and said it would contest the order.

Rs 2179.41 cr penalty imposed on telcos for violating CAF rules

A total penalty of Rs 2,179.41 crore was imposed on telecom operators till September 30, 2014, for violation of customer verification guidelines, the government said Wednesday.

CCI orders fresh probe against DLF

CCI had also imposed a fine of Rs 630 crore against DLF for abuse of its dominant market position a residential real estate case.

COMPAT upholds Rs 630 crore penalty on DLF; company to move SC

In August 2011, the Competition Commission of India (CCI) found DLF violating fair trade norms and imposed the fine on a complaint by Belaire Owners' Association.

Compat rejects DLF plea; upholds Rs 630 cr CCI penalty

In a setback to DLF, the Competition Appellate Tribunal on Monday upheld the CCI order imposing Rs 630 crore penalty on the realty major for unfair business practices.