Dip in international oil prices
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Motorists can heave a sigh as oil prices have come down by 10 percent in the past 15 days. This is to be attributed to the fall in crude oil price. The price was $55 per barrel on 1st March to $50 per barrel on Monday, the 13th March.
Though the Post Office Savings Schemes are attractive, it is rather cumbersome to open an account in Postal department Savings as the latest modern facilities such as investment or transactions online through the internet.
There are around 4.5 Crores Provident Fund account holders in India. The EPFO (Employees Provident Fund Organisation) has allotted a special number to each PF account holder.
RBI to launch UPI
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The government’s digitization campaign is all set to mark a new milestone. A new Unified Payment Interface will soon be launched by the RBI. With this, all the digital wallets including Paytm and MobiKwik will become interoperable.
All the General Insurance companies have decided to increase the premium amount to cover general insurance concerning 10 different fields including medical claims by 10-15 percent from 1st April.
All the central government employees will be on a token 1-day strike on 16th March (Thursday) insisting that their 20-point demands must be taken care of immediately by the central government.
Currently, there is a situation where the certain minimum amount is to kept in the bank balance in the saving account as the account holders face the problem of having to pay penalties up to Rs. 600.
Now transfer from EPF to NPS with ease
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Funds transfer from Employees’ Provident Fund, the retirement savings to the National Pension Scheme falling under Pension Fund Regulatory and Development Authority, PFRDA is now possible.
ICAI (Institute of Chartered Accountants of India) is set to impart training on the shortly-to-be-implemented GST (Goods and Services Tax) to 15 lakh traders.
As the next three days are going to be holidays, the Indian Banks Association has requested all the customers to finish off their emergency banking transactions today. Most of the banks will remain shut tomorrow.
The government has not made any official communication request reconsideration of penalty charges towards non-maintenance of minimum balance, clarifies state-run lender State Bank of India.
The country’s largest public sector bank, the State Bank of India, has decided to impose new conditions and regulations for its customers from 1st April.
New Rs 10 notes from RBI
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The Reserve Bank of India will be adding enhanced security features to the Rs 10 notes and issue for public usage very soon. There is going to be inset letter L on the Mahatma Gandhi series 2005 with the Governor Urjit Patel’s signature.
The State Bank of India has grabbed attention from all bankers and customers with its announcement about penalty towards non-maintenance of minimum balance in metro branches.
Aadhar Card is compulsory for the women under the category of below poverty line to get a free connection of LPG cooking Gas connection under the Prime Minister Narendra Modi’s Ujjwala Yojana Scheme.
The central ministry department of commerce and industry has released a press report. According to this report, in order to facilitate the new starting of new industries, the procedure for applying for approval for the trade-mark.
