The central government has announced that commemorating the 125th Birth Anniversary of Dr, Baba Saheb Ambedkar, new Rs. 10 coins will be released with his figure.
The Income Tax department has introduced a set of Income Tax Return (ITR) forms for assessment year 2016-17 for people with an income of more than Rs 50 lakh per annum.
Home loan interest comes down
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The interests on home loans have been lessened due to new bench mark rate.
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 36.45 per barrel (bbl) on 29.03.2016.
Telecom Regulatory Authority of Indias (TRAI) User Subscription report has stated that the number of telephone subscribers in India increased from 103.64 crore at the end of Dec-15 to 104.32 crore at the end of Jan-16.
Government of India has mentioned that all EPF accounts, including more than nine crore inoperative accounts at present, will now get interest from April 1, 2016.
There will be no money transactions in all the banks including Bharath State Bank and Indian Bank throughout the country including Tamil Nadu on 1st April.
The RBI (Reserve Bank of India) has said that fixed rate loans of up to three years will have to be linked to Marginal Cost of Funds based on Lending Rate (MCLR) for determine interest rate.
39 Lakh new accounts in Mutual Funds
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In the current financial year, 39 Lakh new accounts have been opened in Mutual Funds.
