21 Apr 2026

A Mumbai consumer court has directed Go Airlines (later rebranded as Go First) to refund INR 63,161 with 18 per cent annual interest and pay additional compensation after ruling that misrepresenting a cancelled flight as rescheduled and marking passengers as no-shows constituted unfair trade practice. The case relates to a 2019 Goa-Chandigarh flight booking cancelled hours before departure. The airline had denied a cash refund, offering only a credit shell while citing regulatory exemptions. The commission rejected this defence, noting that the airline had itself communicated the cancellation. It also awarded INR 25,000 as compensation and INR 20,000 towards litigation costs, holding the airline liable for deficiency in service.Read more

21 Apr 2026

The Mumbai bench of the Income Tax Appellate Tribunal has ruled that taxpayers can claim capital gains exemption under Section 54 even if they did not file their original income tax return within the due date. The decision came in a case where the taxpayer declared long-term capital gains and claimed exemption during reassessment proceedings. The tribunal held that such claims should not be denied purely on procedural grounds. It has sent the matter back for fresh verification, reinforcing that eligibility conditions, not filing delays, should guide tax benefit decisions.Read more

21 Apr 2026

The Ministry of Statistics and Programme Implementation has introduced a new infrastructure dashboard covering 11 sectors and 116 indicators to improve performance tracking and policymaking. Based on the PAIMANA framework, the system evaluates not just output but also access, quality, utilisation, affordability and financial efficiency. It brings together data from sectors such as power, roads, railways, telecom, aviation and ports. The dashboard reflects steady progress across key segments and will be updated quarterly, with the next update scheduled for July 16, 2026, to ensure continuous monitoring.Read more

Gurugram News Desk

20 Apr 2026

The Department of Town and Country Planning (DTCP), Haryana, has initiated enforcement action against unauthorised hospitality developments in Gurugram, identifying 13 banquet halls and marriage venues for violating land-use norms. As part of the drive, a hotel structure in Sidhrawali was demolished. The action forms part of a broader crackdown on illegal constructions operating without approvals or in violation of zoning regulations. Authorities have indicated that further inspections and enforcement measures will continue across the district. The move highlights ongoing regulatory scrutiny in Gurugram's peri-urban areas, where unlicensed hospitality and commercial developments have expanded amid rising demand for event and lodging spaces.Read more

20 Apr 2026

The Delhi High Court has reserved its order on SpiceJet and Ajay Singh's plea seeking a review of a directive to deposit INR 144 crore in a dispute with Kalanithi Maran and Kal Airways. The case relates to pending financial obligations from a 2015 ownership transfer. The airline cited financial stress and requested flexibility in payment, while the opposing side argued that dues have already been examined and could exceed INR 400 crore with interest. The court's decision will be important for the airline's financial position.Read more

Lucknow News Desk

20 Apr 2026

The Lucknow Municipal Corporation (LMC) has proposed a revised and simplified structure for property mutation charges, aimed at making ownership transfers more transparent and affordable. The proposal, tabled in the past week, seeks to replace complex valuation-linked fees with a clearer, standardised framework. The move is expected to benefit both residential and commercial property owners by reducing ambiguity and financial burden during property transfers. It builds on earlier reforms where mutation fees were capped and slab-based structures introduced. The revision is part of broader efforts to streamline civic processes, improve compliance and enhance ease of property transactions in the city's real estate market.Read more

20 Apr 2026

The 23rd edition of the CREDAI MCHI Thane Property Expo concluded after recording 20,467 visitors and facilitating 234 spot bookings across residential, commercial and retail segments. The three-day event featured over 100 RERA-approved projects from 40+ developers, with demand concentrated in the INR 55 lakh to INR 2.25 crore range. Key micro-markets such as Ghodbunder Road, Kolshet, Pokhran and Majiwada saw strong traction. Banks processed 398 loan applications, reporting higher sanction rates due to on-site facilitation. The event also drew interest from NRIs and investors, supported by infrastructure developments including metro expansion and the proposed high-speed rail corridor.Read more

20 Apr 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) recently hosted a senior delegation from Andhra Pradesh comprising Vice-Chairpersons of 18 Urban Development Authorities as part of a capacity-building programme focused on urban governance and infrastructure planning. The visit aimed to study MMRDA's regional development framework, including its financial structuring, land management systems, and transport-led growth model. Discussions highlighted data-driven planning, PPP frameworks, and integrated urban development across the Mumbai Metropolitan Region. The delegation examined large-scale infrastructure execution and governance practices, acknowledging MMRDA's structured approach to sustainable metropolitan growth and its growing relevance as a model for other states.Read more

Mumbai News Desk

20 Apr 2026

The Bombay High Court has ruled that approvals granting higher floor area ratio (FAR) for real estate projects will remain conditional on the outcome of an ongoing legal case. The court clarified that while authorities may process and grant such permissions, they will not attain finality until the matter is adjudicated. The decision has implications for redevelopment and high-density projects, where additional FAR directly influences project viability and scale. The ruling comes amid disputes over planning norms and regulatory compliance, with developers and authorities seeking clarity on permissible construction limits. The case highlights the intersection of urban planning regulations and judicial oversight in Mumbai's development framework.Read more

20 Apr 2026

The Surat Municipal Corporation (SMC) has issued property tax notices to residents of around 700 economically weaker section (EWS) homes that were demolished over a year ago, raising concerns over billing practices. The affected properties are located in Pragya Nagar, a government-subsidised housing colony comprising 44 buildings that were vacated and demolished due to structural concerns. Despite the demolition and displacement of nearly 3,000 residents, tax demands for FY 2024-25 and 2025-26 have been raised. Residents, currently living in rented accommodation without financial assistance, have questioned the continued levy on non-existent structures. The development highlights gaps in municipal record updates and redevelopment timelines.Read more