This article details various penalties under the Income Tax Act, 1961, for non-compliance. It outlines specific sections, defaults like failure to pay tax or file returns on time, and the corresponding penalties, which can range from daily fees to a percentage of undisclosed income.
Millions of Indian tenants face rent hikes and eviction threats. Landlord powers depend on tenancy agreements and state laws. A written agreement is crucial for protection against arbitrary actions and rent increases.
Patna High Court rules that a buyer who fails to perform obligations under a property sale agreement is entitled only to a reduced refund, deducting 10% as per the contract, and not to specific performance or full refund with compensation.
A consortium of 37 banks across 15 countries, Qivalis, is launching a euro-denominated stablecoin to challenge the dollar's dominance in crypto payments and settlement. Despite current market saturation by dollar stablecoins like USDT and USDC, Qivalis aims to leverage its regulatory compliance and bank network to establish euro rails for tokenized assets.
Student loan defaults are showing up on consumers' credit reports for the first time since the Covid pandemic, a new blog by the New York Fed shows.
Rsbuild 2.0 erscheint als Major-Release mit dem Rust-basierten Bundler Rspack 2.0. Das Update bringt moderne Defaults wie ESM-first, Node 20 als Standard und Browser-Targets von Mai 2025. Die Abhängigkeiten sinken von 13 auf 4 Pakete. Neu ist experimenteller Support für React Server Components, erweiterte Dev-Server-Client-Kommunikation via HMR-Kanal und ein neues splitChunks-Modell. Sicherheits-Defaults wurden verschärft: Dev-Server lauscht nur noch auf localhost.
