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News at a Glance

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Yearly passes to be introduced for toll gates
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    Private vehicle owners need not toil for hours together in the toll gates in the National Highways because now a solution to this problem has been given. Ministry of Highways had made a proposal.
Posted On : 06/Jul/2015 9:49:04 AM View More & Comment (2094)

Corporation Bank launches MUDRA Card
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    Financial Services Secretary Hasmukh Adhia at Mangalore launched State-owned Corporation Bank’s MUDRA (Micro Units Development and Refinance Agency) Card for small enterprises, based on the RuPay platform.
Posted On : 06/Jul/2015 9:37:19 AM View More & Comment (1627)

BSNL offers ‘Money-bag’ scheme!!
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    BSNL introduced a new scheme for saving money for those without any bank savings account yesterday (Friday, 3rd July).
Posted On : 04/Jul/2015 6:21:05 PM View More & Comment (2184)

Cash Back Insurance Plans are ideal and perfect to meet future needs
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    How to meet your life objectives while securing your family.
Posted On : 04/Jul/2015 12:10:46 PM View More & Comment (2191)

New and improved home loan process at SBI
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    The State Bank of India (SBI) has released a press statement stating that a new initiative to make the home loan process simpler has been launched. ‘Project Tatkal’ was launched on July 3rd.
Posted On : 04/Jul/2015 11:25:58 AM View More & Comment (3294)

Plastic rupee notes to be introduced soon
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    A Reserve Bank of India (RBI) official has said that plastic rupee notes will be introduced as a trial in the country soon.
Posted On : 04/Jul/2015 10:20:39 AM View More & Comment (2236)

Prevention of Black Money Act already under way
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    The Central Government announced that the law against Black Money in the country has come into effect as on 1st July, 2015.
Posted On : 04/Jul/2015 10:18:30 AM View More & Comment (1965)

PAHAL scheme has reduced subsidized domestic sales of LPG by 25 percent
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    Chief Economic Advisor Arvind Subramanian on Thursday while speaking at the UNDP Conference Hall in the national capital said that the introduction of the PAHAL scheme has reduced subsidized domestic sales of LPG across the country by close to 25 percent.
Posted On : 03/Jul/2015 11:20:38 AM View More & Comment (1962)

Printing of one rupee note resumes
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    Central Government had stopped printing of one rupee notes from 1994. Since there is excessive expenditure in printing one rupee note, it has been stopped.
Posted On : 03/Jul/2015 10:55:52 AM View More & Comment (2426)

Income tax return filing simplified
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    After a lot of criticism in the past two months for the complicated Income Tax mechanism, the Government has rolled out new Income Tax Return forms and Tax filing procedures.
Posted On : 02/Jul/2015 11:31:19 AM View More & Comment (2815)

No. of crorepatis in Wipro doubles
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    The Companies Act requires that all listed firms declare the employees that are drawing a salary of Rs. 60 lakhs or more.
Posted On : 02/Jul/2015 9:18:34 AM View More & Comment (1550)

Central government exploring merging of Mahila Bank with SBI?!
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    Information is gathered that ‘Bharath Mahila Bank, started 20 months ago is likely to merged with State Bank of India.
Posted On : 01/Jul/2015 3:27:11 PM View More & Comment (1850)

What you shouldn’t hide in your IT Returns
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    Its now that time of year. Auditors will be busy filing income tax for all their clients.
Posted On : 01/Jul/2015 11:24:25 AM View More & Comment (1912)

Petrol cut by 31 paise a litre, diesel by 71 paise
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    Petrol prices were on Tuesday slashed by 31 paise per litre and diesel by 71 paise a litre in line with fall in international oil rates and rupee appreciation.
Posted On : 01/Jul/2015 9:10:19 AM View More & Comment (1390)

United Bank occupies the 1st place in unrealised loans!!
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    United Bank of India occupies the 1st place in the list of nationalised banks in respect of unrealised loans and loan-reorganisation.
Posted On : 29/Jun/2015 4:50:22 PM View More & Comment (1924)

Banks by Indian post office to get approval in August
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    Minister of Communication and Information Technologies stated that the approval for banks that are to be launched by the postal department will be given in the month of August.
Posted On : 29/Jun/2015 4:29:29 PM View More & Comment (2400)

Online tax calculator to file Income Tax Return launched
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    The Income Tax department has introduced new and simplified forms to file income tax returns.
Posted On : 29/Jun/2015 12:38:26 PM View More & Comment (1837)

Banks will remain closed on all second and fourth Saturdays
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    All bank branches in the country will remained closed on all second and fourth Saturdays from July following a pact between public sector bank (PSB) employees and officers with the management.
Posted On : 29/Jun/2015 12:21:19 PM View More & Comment (4043)

Gold rate increased Rs.192 per sovereign
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    The cost of gold has increased Rs.192 per sovereign on Monday morning (June 29, 2015).
Posted On : 29/Jun/2015 11:00:05 AM View More & Comment (7567)

Universal Account Number (UAN) compulsory for all companies
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    Under the new order, employers will have to get a declaration under Form 11 from all employees joining the company within a month’s time and upload the same on the UAN portal within 25 days of close of each month.
Posted On : 27/Jun/2015 11:11:43 AM View More & Comment (2030)
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