penalty News

Indian Bank Fined by Sri Lanka Central Bank Over Financial Reporting Violations

The Central Bank of Sri Lanka has fined state-owned Indian Bank Rs 5.8 lakh for non-compliance with the Financial Transactions Reporting Act, as reported by Indian Bank to the bour...

Indian Bank Fined by Central Bank of Sri Lanka for Non-Compliance

The Central Bank of Sri Lanka penalizes Indian Bank for non-compliance with the Financial Transactions Reporting Act, imposing a fine of approximately Rs 5.8 lakh. The bank operate...

Zomato Faces Massive Tax Demand: Rs 800 Crore in Taxes and Fines

Zomato has received a tax demand of Rs 803.4 crore from the GST department, related to non-payment of GST on delivery charges. The company plans to appeal the decision, asserting a...