SC asks Maharashtra regulator to refund surcharge collected from captive power Consumers/Captive Users
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However, it said that since “there shall be a huge liability on the Commission if it has to now refund the amount of additional surcharge recovered at a stretch, we direct that the additional surcharge already recovered from the captive consumers/captive users shall be adjusted in the future wheeling charges bills.”
No Plans for Boosting Cryptocurrency Sector in India: Govt |
The Indian government has no plans for boosting the cryptocurrency sector in the country, says Pankaj Chaudhary, Union minister of state for finance. Giving a written reply in the Lok Sabha, the minister reiterated that cryptocurrencies are currently unregulated and the government does not collect data on the cryptocurrency sector.
Allotment Of Public Properties On The Basis Of Discretionary Quota Has To Be Done Away With: Supreme Court
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The Supreme Court observed that the allotment of public properties on the basis of discretionary quota has to be done away with. Such allotment must be transparent and has to be fair and non arbitrary, the bench of Justice MR Shah and BV Nagarathna observed.
Supreme Court delivers Split Verdict on chargeability of Service Tax on Card-Issuing Bank For Interchange Fees |
The Supreme Court delivered the split Verdict on chargeability of Service Tax on Card-Issuing Bank For Interchange Fees. Justice Joseph, in his judgement, was in agreement that the respondent Citibank, as issuing bank, was providing service, as found by the Commissioner. However, this service was a part of a single unified service– of settling transactions – which is provided by both the acquiring and issuing bank (which in some circumstances may well be the same bank).
Motor Accident Claims - Potential To Earn Can Be Considered To Determine Compensation If There Is No Evidence For Actual Income : Supreme Court
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The Supreme Court has held that even if there is no evidence on record of actual income, deceased person's potential to earn can be considered while considering insurance claims in motor accidents matter.
SC directs all states, except Maharashtra, to fill up vacancies in Consumer Commissions by Jan end |
The Supreme Court has directed all states, except Maharashtra, to fill up vacancies in the Districts and State Consumer Disputes Redressal Commissions by the end of January 2022.
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