Do you know that if you do not repay EMI on time, banks can lock your smartphone, laptop or other devices? RBI Governor Sanjay Malhotra recently told in press briefing that talks are going on between consumers and lenders on the subject. RBI is considering updating its fair practice code, so that both sides reserve rights. Under this new process, an app or software will be installed in the device purchased on EMI. If the customers do not pay the installment, then the device will be remoted. However, data privacy and safety concerns are also arising from this process. Therefore, it is necessary to ensure that the permission of the customer is obtained and their private data remains safe. In addition, rules will also be required to lock large products such as cars and bikes. In this video, we will discuss this new policy in detail.

The government has recently made a huge cut in GST rates to make everyday essential things and services cheaper. But Ground Reality is something else. Shopkeepers and online stores are still charging the same old prices, due to which consumers are not getting the real benefit of GST deduction. This difference directly raises the question that the benefit of tax relief is going in whose pocket – your or the shopkeeper? Many consumers are worried about this issue and complaints are increasing continuously. In view of this, the government has introduced the facility of filing a complaint through toll-free number, WhatsApp and Ingram portal: Toll-Free: 1915 WhatsApp: 8800001915 Portal: Ingram (Integrated Grievance Redressal System) Along with this Slabs are: 5% and 18%, which has made 99% cheaper. So if the shopkeeper is charging more than you despite the GST cut, do not be silent – complain. This is your right and responsibility too!