The central government headed by the Prime Minister Narendra Modi has announced the offer of subsidies in the interest paid for the housing loans taken by the middle class section of the society.
Starting from 1st July this year, Aadhar card will be mandatory for paying tax or applying for Permanent Account Number. The decision will have a huge impact on the socio-economic spectrum.
Air India to provide WiFi for commuters
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Starting from July this year, Air India commuters can enjoy surfing the web, checking mails and social media posts on domestic flights.
The Government of India has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to a larger number of women, at a faster pace.
Details about some saving schemes
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This is a traditional investment, especially as an Income Tax saving avenue. This is universally applicable for all cadres of employees especially considered as an old age provision.
6000 CTS employees to lose job this year
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Reports from renowned journals alert that leading IT player Cognizant is likely to lay off 6000 employees this year.
How to plan your budget smartly?
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Though the importance of budgeting is continuously stressed and people realize its need to much extent, it is always difficult to implement it practically. The main reason is not being able to shrink our expenses.
A new facility for the pensioners is being introduced from 1st April, they can register their Aadhar card details online as a life certificate. Henceforth, they need not have to go in person to the treasury to prove that they are alive.
The Lorry Owners Association is planning to go on strike throughout the country from 30th March protesting against the payment of customs/tollgate charges.
It has been decided to conduct a field trial with plastic banknotes at five locations of the country. Approval for procurement of plastic substrate and printing of bank notes of Rs.10 denomination on plastic banknote.
The application forms for obtaining H1-B visa (which is sought by Indian Information Technology companies and Professionals to take up jobs in the USA) for the year 2018 can be submitted from 3rd April.
The hike in US Fed rate is not surprising at all. This will also not have any impact on RBI policy next month as the global development is already taken under consideration.
The officials from the Central Ministry of Finance informed that a final decision is yet to be taken regarding whether to permit 3 more days for exchanging the old demonetised currency notes of Rs. 500 and Rs. 1000.
