In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and services tax (GST) treatment of transactions involving vouchers. According to the CBIC, vouchers can be categorised into two types.
Air India has come up with a "gift" this marriage session - 'Shagun Vouchers'.
Corporates have been exploring various innovative ways to dole out gifts, especially at a time when mass mailing of the same gift to all its staff is not widely accepted. One such new route is e-vouchers.
'Do exhaustive research and then select the one that best fits your budget and requirements.'
Finding an appropriate present for your loved one is not an easy task. So instead of finding what is in fashion, focusing on the needs of a newlywed is a great way of deciding what to give as a gift for couples on their wedding.
The Budget doled out exemptions in bits and pieces. We put them together for you Rs 1,000 gift voucher: From FM with love.
A consumer redressal commission in Mumbai has said if meat-based food hurts a "strictly vegetarian" person's religious sentiments, why should the individual opt to order from a restaurant serving both veg and non-veg items.
For all those who face a tough time choosing gifts, a pre-paid gift card is an excellent option.
The average Indian fraudster isn't an outsider exploiting security loopholes. He's usually a man between 26 and 45 years of age, working in operations or procurement, with more than six years at the organisation.
As freebies/gift vouchers attract GST, retailers are opting for straight discounts this festive season.
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According to the police, the accused persons collected data, such as phone numbers and personal data from a portal, and the employees of the call centre randomly made calls using VoIP to US citizens.
Looking for some affordable jewellery gifts for your wives or your girl friend? Take a look at some of the best option available here.
A special court in Mumbai denied bail to businessman Sujit Patkar, an aide of Shiv Sena (UBT) MP Sanjay Raut, in the alleged COVID treatment centres scam. The court found that Patkar played with the "life of people" by under-deployment of doctors and staff to generate proceeds of crime. The Enforcement Directorate (ED) alleged that Patkar's firm, Lifeline Hospital Management, fraudulently obtained a contract for supplying medical staff at Dahisar and Worli Jumbo Covid facilities during the pandemic, resulting in the generation of proceeds of crime (PoC) amounting to Rs 32.44 crore. The court noted that there are ample statements of the witnesses to show that a list of more staff members was prepared than being deployed on the instructions of Patkar.
After six years in the business, the scorecard of Bengaluru-based QwikCilver is impressive, with a 90 per cent market share.
'...spent 1/10th of his time at 24, Akbar Road...' 'He would have met thousands of party workers and ordinary Congress supporters who have love for the party.' 'Left of Centre intellectuals have shaped Rahul's values, but he lacks earthiness.'
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Credit cards prove useful when making high value transactions.
The broking industry's pecking order is set to change with Groww, a fin-tech startup from Bengaluru, poised to topple the industry's poster boy, Zerodha, as the leading brokerage in the number of active investors. According to data provided by the portal Topsharebrokers.com, Zerodha has 6.32 million active investors, while Groww is at 5.99 million. It is projected that Groww, which has grown at a much faster clip over the past two years, will surpass Zerodha this month, or next month.
With the real estate sector witnessing robust demand, realtors are doling out freebies and offering a slew of attractive schemes to lure potential customers this festival season. "Developers are providing Amazon vouchers that go up to Rs 1 lakh, iPads, and flexible payment plans that propel customer excitement," said Angad Bedi, managing director at real estate company BCD Group. Bedi said customers have a mindset to go for a change during the festival season, and developers see it as an opportunity to combine it with long-term and practical offers that drive buyers to close in on a deal during this period.
Former India football captain Baichung Bhutia was given the Lifetime Achievement award, while hockey legend and three-time Olympic gold medallist Balbir Singh Sr was honoured with the Icon of the Century award.
Did you know that you can bargain with customer care and if you're lucky, you may get your favourite product at an affordable price?
With the launch of Woohoo, QwikCilver now targets two markets in India - the gifting market, worth $7 billion and gift cards as a category.
Those In Need bridges the gap between volunteers and NGOs looking for the right candidates, says Sneha Bhattacharjee.
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In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. That was when the RBI consolidated the rules for prepaid payment instruments (PPI), popularly understood as e-wallets or gift cards. In the process, the regulator has fast-forwarded a bottom-up card usage industry in India that is completely different from the world of bank-linked credit and debit cards.
Feel the pinch of predatory pricing by e-tailers
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
As per Indian tax laws, bonus in kind paid to the employees could be considered as salary income in the hands of the employees.
From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.
The 'Everyone Wins' luxury hamper includes expensive beauty services and travel packages.
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