FULL REFUND
HDFC Bank scheduled downtime: Many HDFC Bank services to be down for almost 14 hours on July 13; full list of services you can, cannot do this Saturday
HDFC Bank scheduled downtime on July 13: HDFC Bank will perform a system upgrade on Saturday, July 13, 2024, to improve the speed and performance of customer banking experiences, increase capacity for high traffic, and enhance overall reliability.
ITR filing: How to check income tax refund status online
Income tax refund status: If you've overpaid taxes for a financial year, you can claim an income tax refund after filing your income tax return (ITR). The refund is issued after your ITR is processed and confirmed via an intimation notice under section 143(1) of the Income-tax Act, 1961. The deadline for filing returns for FY 2023-24 (AY 2023-24) is July 31, 2024.
Mumbai Rains: Flights issue advisory, refund instructions
Mumbai Rains: Mumbai experienced heavy rains early Monday, causing significant traffic congestion and slow vehicle movement at Mumbai airport. IndiGo and Vistara issued advisories to passengers, urging them to allow extra travel time due to weather conditions. Vistara informed customers of expected delays en route to the airport, while IndiGo mentioned that flights to and from Mumbai were affected by the rains, offering options for alternate flights or full refunds.
Proactive measures initiated after Delhi airport canopy collapse incident, says Aviation minister Ram Mohan Naidu
Following the canopy collapse at Delhi Airport's Terminal 1, Civil Aviation Minister Ram Mohan Naidu announced immediate measures. A war room was established to ensure refunds or alternate flights for affected passengers within seven days. The Minister expressed condolences for the loss of life and emphasized safety measures, including inspections by IIT Delhi engineers. Flight operations have shifted to Terminals 2 and 3, with advisories issued to airlines to maintain fare stability. Long-term safety policies are under review.
Outlay for export tax remission plans unlikely to change in Budget
The government is unlikely to increase the allocation for key tax remission schemes for exporters in the 2024-25 budget, despite demands for more support. In the interim budget, ₹16,575 crore was earmarked for the RoDTEP scheme and ₹9,246 crore for the RoSCTL scheme. Exporters argue for adequate allocation to maintain zero-rated exports, a government policy, as merchandise exports rose 5.1% year-on-year in the first two months of this fiscal.
Higher refund on premature exit from life insurance policy as IRDAI introduces new surrender value rule; check how much you will get
Life Insurance Policy Surrender Value Rule Changes: To curb mis-selling of life insurance plans, IRDAI has introduced a higher special surrender value for traditional endowment policies. Even if a policyholder exits a life insurance policy after the first year, he would get a part of his premium back if he has paid it. Till now, there has been no refund on exiting the policy in the first year. How much money will you get back if you prematurely exit your life insurance policy? Check calculation here.
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Health insurance premiums can be reduced if you don’t make a claim, policy cancellations to be less costly and more: 5 rule changes
Health insurance rule changes: To make health insurance policy more inclusive, flexible and customer-friendly, IRDAI has recently released a master circular on health insurance business. The regulator introduces new measures regarding cancellation charges, standardising no-claim bonus, and increasing claim settlement transparency. ET Wealth Online explores how these regulations empower policyholders and improve their health insurance experience.
Indian Railway train ticket booking: MakeMyTrip, Ixigo offer options to book tickets with zero-cancellation charge
Railway ticket cancellation costs are higher if the e-ticket is cancelled when departure time is less than 48 hours. However if the e-ticket is cancelled when more than 48 hours remain from the train's departure time then the cancellation cost is standard. However apps like MakeMyTrip and Ixigo have launched zero cancellation charge policy if some additional money is paid while booking the train ticket.
Union Bank Net Rises 19% on Big IT Refund, Interest Income
The bank received ₹497 crore as income tax refund in the quarter ending March as against ₹8 crore in the comparable period, which helped to push up profits for the fourth quarter.
Air India Express flight delay: Airline announces WhatsApp number for getting full refund. Here are details
Air India Express announced the cancellation of 85 flights and the termination of 30 crew members. Passengers affected by flight cancellations or delays exceeding three hours have the option to receive a full refund or reschedule their travel without incurring any fees. The official statement from Air India Express provided contact information for assistance via WhatsApp or their website.
Air India Express cancels more than 80 flights after crew members 'fall sick at last moment'
Air India Express has cancelled more than 80 flights due to a mass 'sick leave' by its senior crew member, leading to flight delays and cancellations. Civil Aviation authorities are investigating the issue, while the airline is working to minimise inconvenience to passengers and offering refunds or rescheduling options. Passengers are advised to check the status of their flights before heading to the airport.
US: New rules require airlines to automatically refund consumers for cancelled flights
Biden administration's new rules require airlines to give automatic refunds and disclose fees upfront, saving consumers over half-a-billion dollars yearly, part of a broader effort to lower costs and protect passengers from surprise charges.
"Worst is behind us," says Vistara CEO as pilot woes slashed capacity; time to be customer friendly now
Vistara CEO Vinod Kannan assured staff that the worst is over following flight disruptions due to pilot issues. Operations stabilized after capacity cuts and resignations. Challenges included pilot rosters, new contracts, and operational issues. Kannan acknowledges learning experience and emphasizes customer focus for airline's recovery. Compensation offered to affected passengers.
DoT rejects telcos' proposal for refunds on spectrum surrender
The Department of Telecommunications (DoT) has rejected a proposal from telecom firms to offer refunds for part or full payments in case of spectrum surrender. The demand was raised during the notice inviting application (NIA) for the upcoming spectrum auction, which starts on June 6. The DoT has not mentioned the names of the firms, and the NIA provides an option to surrender spectrum acquired in the auction after 10 years.
Where to buy FASTag: Full list of NHAI-authorized FASTag issuers
List of FASTags issuers: The National Highway Authority of India (NHAI) has removed Paytm Payments Bank Ltd (PPBL) from its list of approved issuers for FASTag service. Here is the full list of authorized banks that are eligible to issue FAstags.
Mumbai airport to cancel hundreds of flights to reduce congestion. This is what it means for you as a traveller
Passengers at Mumbai airport facing cancellations have the options of a refund or rebooking until April 15, 2024. Around 40 flights will be cut due to congestion. Corporate giants like JSW and Reliance protested the extended curfew on business jets. Airfares may rise due to the curbs imposed by the Aviation Ministry.
Corpus for tech innovation a positive; hope telcos' wishlist considered in full budget: COAI
COAI welcomes the announcement of Rs 1 lakh crore corpus for research and innovation in the technology sector in the interim Budget. The body hopes that the industry's wishlist, including lower levies, will be considered in the full budget post-elections. The interim Budget reemphasises the government's economic policies and commitment to sustained growth, productivity, and opportunities.
Interim Budget 2024: Check full text of FM Nirmala Sitharaman's speech here
The Finance Minister presented the Interim Budget 2024 in a speech that lasted for 48 minutes. The budget focuses on four main areas: women, poor, farmers, and youth. The government aims to empower the poor and has implemented various programs to achieve this. Direct Benefit Transfer has resulted in significant savings for the government, which has been used for the welfare of the poor. The budget also highlights initiatives for women empowerment, youth development, agriculture, infrastructure, and taxation reforms.
Weather conditions forced cancellation of Delhi-Deogarh flights for Jan 30 and Jan 31: IndiGo
According to the airline, passengers were served with refreshments and options to avail a full refund, alternate sectors or rescheduling. "We regret the inconvenience caused due to factors beyond the airline's control," IndiGo said in the statement.
Flight cancelled or delayed? Here are your rights during delays, refund process and other details
Delhi airport: The recent crisis at the Delhi Airport due to the dense fog which covered North India has led to delay and cancellations of over 100 flights. Airlines must provide alternative flights or refunds for canceled flights. Passengers can claim compensation ranging from Rs 5,000 to Rs 10,000 for cancellations within a fortnight of departure.
Consider giving refunds to exporters in cash for tax remission schemes: GTRI to govt
The government is considering giving cash refunds to exporters instead of scrips for tax remission schemes, according to economic think tank GTRI. This move would improve cash flow for exporters, especially those facing a weak export outlook for 2024. Currently, refunds under the RoDTEP and RoSCTL schemes are issued as scrips, which can be sold to other importers. However, small exporters often receive less than the announced incentive due to discounted scrip sales.
IRCTC refund rules: How can you get refund for confirmed railway tickets after chart preparation?
According to Indian Railway Catering and Tourism Corporation (IRCTC): E-ticket cannot be cancelled after chart preparation. Users are requested to use the online TDR filing for such cases and track status of the refund case through tracking service provided by IRCTC. TDR can be filed as per Railway rules." Know here how to file a TDR.
From hotel accommodation to full refund, Centre mulls stricter measures to safeguard air travelers
The catalyst for this proposed change stems from a recent incident involving IndiGo passengers who were not flown to their destination from Bengaluru as per their original booking.
Denied boarding by airline? You may demand 400% compensation. Here are your rights and how to claim
The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Air India for failing to adhere to regulations concerning the provision of facilities to passengers in cases of denied boarding, flight cancellation, and flight delay. Passengers have the right to be informed about denied boarding and compensation. Last year, Air India was fined Rs 10 lakh for non-compliance.
How to get full refund of train ticket for cancelled or late running trains
Due to severe rainfall in North India, there are train delays and cancellations. Passengers are entitled to a full refund if the train is three hours or more delayed or cancelled; for e-tickets it's automatic but counter tickets require a visit to the reservation counter. A TDR can be filed if the train consistently experiences delays after the chart has been prepared.
GST Council to discuss industry demand of full CGST, 50 pc IGST refund in 11 hill states
States are showing reluctance to reimburse their portion of the Central Goods and Services Tax (CGST) and Integrated Goods and Services Tax (IGST) collections due to unsatisfactory revenue growth and the implementation of similar schemes to incentivize industries. In the past, certain industrial units in states such as Jammu & Kashmir, Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura enjoyed a tax holiday during the pre-Goods and Services Tax (GST) era.
Air India to refund full amount to all passengers affected by Delhi-San Francisco flight diversion
Air India on Thursday said it will refund the full amount to all passengers affected by the diversion of its Delhi-San Francisco flight of June 6 owing to mid-air glitch, according to an airline communication. Air India flight AI 173 operating Delhi-SFO on June 6, carrying 216 passengers and 16 crew on board, was diverted to the Magadan port city in far east Russia following a mid-air glitch in one of the Boeing 777-200LR aircraft engines.
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