As it is festival season due to Pongal celebrations, all train and bus tickets are completely sold out. In addition, the flight tickets are also completely grabbed.
To reduce the workload of exempted establishments and ensure better monitoring of provident fund investments the EPFO has launched the facility for filing electronic returns.
Gold rate reduced in Chennai
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The cost of gold has reduced Rs.16 Per Sovereign on Monday morning (Jan 13, 2014).
The Reserve Bank will consider reducing the number of free ATM withdrawals, as recommended by the Indian Banks’ Association, in an effort to cut down on cash transactions in the economy.
As part of taking banking services to rural areas, the Centre has revised its target upwards to opening 10,000 new bank branches a year, said Union finance minister P Chidambaram.
Trade Tax can be paid through 19 Banks
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Traders have been paying the taxes without any difficulty through 19 nationalized banks
Gold price increased Rs.32 Per Sovereign
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The cost of gold has increased Rs.32 Per Sovereign on Saturday morning (Jan 11, 2014).
Here is a good news from the RBI
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Good news to all who own a petty shop. Separate banks will soon be set up for people from low income group, shopkeepers who own petty shops and similar others.
Gold rate reduced in Chennai
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The cost of gold has reduced Rs.8 Per Sovereign on Friday morning (Jan 10, 2014).
Gold and Silver Prices down
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The cost of gold has reduced Rs.24 Per Sovereign on Thursday evening (Jan 9 , 2014).
Trade Union will press for 9.5% interest on Provident Fund deposits from EPFO – Employees Provident Fund Organization. There are over 5 Crore subscribers.
The Reserve Bank of India is proposing to set up special banks for low income groups to facilitate every Indian resident over 18 years of age to have a bank account.
ICICI Bank New Application on Facebook
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ICICI introduced a new application on Facebook called Pockets by ICICI Bank, that allows you to access your bank account from Facebook.