Unprecedented steep fall in rice price
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This year, there has been an excessive rainfall during the southwest monsoon season, especially in the southern states of Karnataka and Kerala. Kerala was flooded and inundated.
The leading public sector bank in the country, the State Bank of India has increased the interest rate by 0.2%. With this, the interest rate for housing and vehicle loans will also increase.
Rule 114 of the Income-tax Rules, 1962 (I.T.Rules) inter alia provides for the manner in which an application for allotment of a permanent account number (PAN) shall be made.
Rumors spread all across the social media about the closure of the banks in the first five days of September. But according to the direct report from National Organization of Bank Workers.
Tomorrow (Friday, 31st August) is the last day for all earning individuals to file their Income Tax returns. The Income Tax department has strictly warned that in case there is a failure to meet this deadline, penalties.
The last date for filing Income Tax returns is 31st August. The IT department officials have informed that no further extension on this deadline will be given.
The SBI advisory has requested its customers to get their ATM cards replaced as per the RBI directive. All the cards carrying the magstripe will need to get exchanged and EMV chip cards are to be obtained within end of 2018.
Bank services at house doorsteps
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The Indian Postal Department made the sensational decision to start the banking services - India Post Payments Bank (IPPB). This new banking service is scheduled to be inaugurated by the Prime Minister Narendra Modi at Delhi on 1st September
ATM cash replenishment stops after 9 pm
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As per the new directive issued by Home Ministry the Automated Teller Machines (ATM) will not be refilled with money after 9 pm in cities and 6 pm in rural areas from next year.
The Income Tax Department officials have recommended to the central government department of direct taxation that the rental contract number of the individuals who stay in rented houses must be furnished.
The latest news is starting from 14th August 2018 ICICI Banks have increased the fixed deposit rates for both general citizens as well as for senior citizens. It must be noted that fixed deposit rates.
Petrol and diesel price increased
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Petrol price was increased by 10 paise per litre and diesel price up by 14 paise per litre with effect from 6 am, Aug 11.
State Bank of India (SBI) on Wednesday officially launched the MOPAD - the Multi-Option Payment Acceptance Device for enabling the option of multiple payments through a unified system.
State Bank of India, one of the biggest state-run banks of the nation announced the reduction of charges in maintaining the minimum balance and also for the collection of penalty charges for not maintaining.
Only while thoroughly planning regarding the long-term investments, the maximum benefits of the same can be availed. Some simple steps only need to be followed to ensure this.
Petrol and diesel price increased
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Petrol price was increased by 15 paise per litre and diesel price up by 11 paise per litre with effect from 6 am, Aug 7.
