Fee cuts, tax relief to boost 5G growth, ET LegalWorld
India’s telecom sector, bolstered by its expanding digital infrastructure and the rollout of 5G networks, recorded $39.32 billion in foreign direct investment (FDI) between April 2000 and March 2024. This surge in investment highlights the nation’s growing prominence as a global telecom hub. Ranked second in the world for mobile broadband traffic and internet bandwidth, […]
Delhi consumer commission upholds order directing coaching institute to refund course fee, ET LegalWorld
The Delhi State Consumer Disputes Redressal Commission has upheld the order of a district forum directing a coaching institute to refund one-year fee of around Rs 60,000 to a student who had discontinued the course. The commission comprising its president Sangita Dhingra Sehgal and other members was hearing an appeal filed by FIITJEE Ltd through […]
SC to examine appeal seeking to levy service tax on the call option fee received by Vodafone India non-executive, ET LegalWorld
The Supreme Court on Friday agreed to examine the Commissioner of Service Tax’s appeal seeking to levy service tax of Rs 19.79 crore on the call option fee received by Vodafone India non-executive Chairman Analjit Singh from the British firm in 2007. A Bench led by Justice Ajay S Oka admitted the department’s appeal against […]
Bombay High Court Questions IPL Bandobast Fee Reduction by BCCI and MCA, ET LegalWorld
Questioning how the State could compare other states with Mumbai, where the cost of living is high, the Bombay High Court sought replies from the Board of Control for Cricket in India (BCCI) and the Mumbai Cricket Association (MCA) to a PIL challenging a 2023 govt resolution (GR) that reduced the police bandobast fees for […]
Hyderabad court orders Swiggy to pay Rs 35,000 for charging Rs 103 delivery fee, ET LegalWorld
The District Consumer Disputes Redressal Commission in Ranga Reddy has ruled against Swiggy for unfair trade practices after the food delivery service inflated delivery distances, resulting in overcharges to a customer. The court found Swiggy guilty of these practices and ordered the company to pay a total of Rs 35,453 to the complainant, Emmadi Suresh […]
Sebi introduces centralized fee collection mechanism for investment advisers, research analysts, ET LegalWorld
Market regulator Sebi on Friday announced rolling out a new system — Centralized Fee Collection Mechanism — to facilitate collection of fees by Investment Advisers (IAs) and Research Analysts (RAs) from their clients on an optional basis. Under this mechanism, clients will pay fees to IAs/RAs, through a designated platform or portal administered by a […]
Fee earner guilty of contempt over pre-departure emails
A fee earner who sent confidential information to his personal email address days before leaving his firm has been given an ultimatum to show the material had been deleted in compliance with a court order. In Bond Turner v Maginn, His Honour Judge Stephen Davies gave Patrick Maginn 28 days to explain what he did with […]