Teen Steals Uncle's Gold, Buys Thar With The Money, Invites Him To Celebrate

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• UPI handles 80 cr transactions daily: Sitharaman

  Nirmala Sitharaman, the Union Finance Minister, highlighted the rapid growth of digital payments in India, with the Unified Payments Interface (UPI) handling over 2,400 crore transactions per month. This represents a 13,000-fold increase since 2016–17, indicating the widespread adoption of digital payments as a part of everyday life in India. The minister also emphasized the fintech ecosystem built around UPI and other digital initiatives, which is helping more people access financial services, including credit, i…

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• Cancelled flight tickets: Airlines can claim GST refunds if fare and tax are returned

  The Goods and Services Tax (GST) Appellate Tribunal has ruled that airlines can claim refunds of Goods and Services Tax (GST) paid on cancelled flight tickets if they have returned both the fare and the tax to passengers and can substantiate the refunds with supporting documents. This decision allows airlines to claim refunds of GST collected from passengers and paid to the tax department, provided they have returned the entire fare, including GST, to passengers after cancelling flights due to the pandemic. The ru…

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• Kentucky court allows sale of land transferred for $1 to cover $177,668 debt

  A Kentucky court has allowed the sale of property transferred for $1 to cover a $177,668 debt, despite the couple's challenge. The ruling follows earlier proceedings that voided the transfer, allowing the credit union to pursue the property despite the change in ownership. The couple challenged the order, arguing that the bond had been improperly rejected and that enforcement should not have proceeded while their earlier appeal was pending. The court upheld the order allowing the sale of the property to satisfy th…

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