Tag Archives: payment

Ease of Compliance Rules notified: Govt.

Indian Ministry of Labour and Employment recently notified the Ease of Compliance to Maintain Registers under various Labour Laws Rules, 2017 (“Rules”) effective February 21, 2017. https://goo.gl/tJtPPY These Rules provide for maintenance of combined registers in the Forms specified in the … Continue reading

Posted in Administrative Law, Consumer Law, Contract Law, Employment Law, General Law, International Law, Labor Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Cheque not an existing debt or liability for advance payments: SC

In an important ruling, the Supreme Court of India held that if a cheque is issued as an advance payment for purchase of the goods and for any reason purchase order is not carried to its logical conclusion, the cheque … Continue reading

Posted in Banking Law, Company Law, Negotiable Instruments Act | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Payment for services rendered without human intervention not in nature of ‘fees for technical services’: ITAT

Income Tax Appellate Tribunal (Mumbai) ruled that payment made to a person outside India by assessee for the services rendered without any human intervention was not in any manner in the nature of ‘fees for technical services’ within the ambit … Continue reading

Posted in Banking Law, Income Tax Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

New Norms for Credit Cards

Reserve Bank of India (RBI) vide Circular dated 28.02.2013 on “Security and Risk Mitigation Measures for Electronic Payment Transactions” has directed banks to put in place the following safety measures for Credit and Debit Card Transactions : • All new … Continue reading

Posted in Banking Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Employer becomes liable to pay as soon as personal injury is caused to workmen: SC

The Supreme Court of India clarified that an employer becomes liable to pay compensation under the Workmen’s Compensation Act, 1923 as soon as the personal injury is caused to the workmen by the accident which arose out of and in … Continue reading

Posted in Labor Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment