The RBI has insisted banks to offer loan amounts to self-help groups up to Rs 3 lakhs at 7 percent rate of interest under the National Rural Livelihoods Missions Aajeevika scheme (2015-16).
Those who retire are likely to receive retirement money in lump sum amount. Such people need to be conscious of making the right choice of investment so that they can avoid paying large amount towards tax.
Surrendering a credit card? Read this
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Most of us have got multiple credit cards for our day to day usage. Perhaps, you have those for two reasons: you should have got persuaded by a sales person or that you have fallen for the reward points.
More Flights to Singapore
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The Tigerair, Singapore-based budget carrier that connects to six Indian destinations, has strengthened its network in India with one additional frequency each to Hyderabad and Tiruchi.
The central ministry of Tourism has informed that the number of tourists visiting India has increased several times after the introduction of E-Visa services.
As counterfeit currency notes of Rs. 1000/- has been set in circulation, Reserve Bank of India has issued a circular to all banks to avoid accepting Rs. 1000/- currency notes bearing the serial numbers 2AQ & 8AC.
National Payments Corporation of India (NPCI), the umbrella organisation for all retail payment systems in the country has collaborated with CSC e-Governance Services India Limited to launch Aadhaar Enabled Payment System (AePS).
As a move to help bankers stay aware of unscrupulous bank transactions made by frauds, the Reserve Bank of India has aided the banks with special rules and norms with which they can know more about the account holders.
In order to attend to the grievance of the Income Tax payers and to satisfy than, the Direct taxation Department of the central government has been taking several measures.
The government of India government has allowed inbound shipments of the fruit through sea ports and airports in Kolkata, Chennai, Mumbai and Cochin by relaxing import restrictions on apples.
Imports of vegetable oils (comprising edible and non- edible oils) stood at 11.39 lakh tonnes in December 2014. Edible oils import rose to 14.07 lakh tonnes in December last year from 11.23 lakh tonnes in December 2014.
