Grahakjago (S.K.Virmani)©

Shri S.K. Virmani, Consumer Activist associated with Jago Grahak Jago movement have been raising voice against unfair business practices of banking industry. Reserve Bank of India (RBI) is silent on such unfair business practices. Discussing on CNBC Awaaz Pahredar.  

An article titled "Illegal charging of VAT on discounted prices by brands/retailers" was published on 2nd July 2014 in this blog, the link of which is http://skvirmani-jagograhak.blogspot.in/2014/07/illegal-charging-of-vat-on-discounted.html Now the Hon'able National Commission has adjudicated that the charging of VAT on the discounted prices is unfair business practices and amounts to overcharging. The brief of the judgement is as: The addition of VAT on discounted price amounts to overcharging and unfair trade practice National Consumer Dispute Redressal Commission, (NCDRC) New Delhi in Revision Petition No.3156 of 2016 of BENETTON INDIA PRIVATE LIMITED (Petitioner) V s. RAVINDER SINGH (Respondent/Complainant) upheld the order of the State Commission and District forum directing the BENETTON INDIA PRIVATE LIMITED to pay compensation of Rs.5000/- to the complainant besides Rs.1000/- against cost of litigation.   The respondent complainant on 11.07.2014 pu...

Legal Metrology issues pertaining to MRP, under weight etc. - Shri S.K.Virmani associated with Jago Grahak Jago movement. Discussion on Sahara Samay

Do you face any issue with Banks or the Merchants charging any additional fee as transaction fee for transacting through debit cards ?  Reserve Bank of India (RBI) has issued order against Pernicious practices of select banks deterring customer protection and accounting integrity vide their order No. RBI/2013-14/292 DBS.CO.PPD No. 3578/ 11.01.005/2013-14 dtd. 17th September 2013 . The plain reading of the above referred order suggest that the Banks or any Merchant cannot charge any additional amount towards transaction fee for making payment through usage of debit cards. The relevant portion of the order is reproduced for ready reference of the readers so that they are able to raise their voice against unethical business practices of those banks and the merchants who are charging any transaction fee. "4. Levying fees on debit card transactions by merchants - There are instances where merchant establishments levy fee as a percentage of the transaction vale as charges on c...

Credit Card Issues _ Consumer Activist Shri S.K.Virmani associated with Jago Grahak Jago movement discussing on NDTV

Petroleum industry is facing acute problem on adulteration of petrol. Consumer Activist Shri S.K.Virmani associated with Jago Grahak Jago movement in India for Consumer Empowerment discussing on Zee News on the subject of Adulteration in Petrol.

Recently HDFC, ICICI and Axis Bank have introduced transaction fee for deposits and withdrawal from saving bank accounts. SBI and other banks soon will be charging the same. It is unethical business practices of the banks charging fee for deposits and withdrawal of cash from your own account. The banks say that it is to discourage the citizens from cash transactions. If that is the case so then why fee being charged for cashless transactions? Where is the cashless economy?