What is H1B visa?
...........................................................................................................................
H1B Visa is given to the employees who work in the United States of America on a temporary basis. H1B Visa is processed by the companies which employ the visiting employees.
At the start of the transactions of the Foreign Exchange market today (Wednesday, 1st February), the Indian Rupee appreciated against the US Dollar by 24 Paise and the exchange rate stood at Rs. 67.63 per US Dollar.
Bank strike on 28th February
...........................................................................................................................
Bankers throughout the country will go on strike on February 28 on various demands including cash crunch and forced cashless transactions. All the nine bank unions have agreed to go on strike.
Filing the Union budget, Finance Minister Arun Jaitley promised that over 1 crore families that are in poverty will be relieved. He further stated that.
The Finance Minister Arun Jaitley has filed the Union Budget for 2017-18 today. In this budget, it was announced that the income tax for individuals will be reduced.
Indian Postal Department has begun its Indian Post Payment Bank services. Chief Executive Officer A P Singh said: India Post Payments Bank has started its services in Raipur and Ranchi.
Union Budget 2017-18: Live updates
...........................................................................................................................
Union Budget 2017-18 Live updates from Finance Ministers budget speech in Parliament today. Follow us for the latest updates on Budget 2017-18.
What to expect in budget 2017?
...........................................................................................................................
It is expected that there will be new taxes and concessions for cashless transactions in the union budget which is to be tabled today by the Finance Minster. In order to encourage cashless transaction.
Every Indian citizen is being provided with an Aadhar card which contains their personal information. This work is being done by The Unique Identification Authority of India (UIDAI).
Finance Minister files economic survey
...........................................................................................................................
Finance Minister Arun Jaitley has filed the economic survey for the year 2016-17 at the Lok Sabha today. This contains descriptive report on the economic status of the nation. In this, it is stated that the overall production..
The Budget session of Parliament will begin today. Since this is the first session of the year President Pranab Mukherjee will address the joint sitting of the Lok Sabha and the Rajya Sabha.
The Reserve Bank of India has withdrawn the limits on the maximum withdrawal amount in ATMs. This would be effective from 1st February. The central government declared that the old currency notes of Rs. 500.
Immediately after the demonetization announcement that the old currency notes of Rs. 500/- and Rs. 1000/- as invalid, the central government released new currency notes of Rs. 500/- and Rs. 2000/- denominations.
There is information that the service tax will be hiked from 16 percent to 18 percent in the Union Budget which is to be tabled on 1st February, There are lots of expectations about this budget because it is being tabled.
The Reserve Bank of India has given payments bank licence to Indian Posts. The postal department has confirmed this.An official of the postal department said that the India Post has received payments bank licence.
After demonetization in India, the currency flow is slowly catching up. As per the present supply, Nomura, a Japanese financial services major says by end of March this year, the ratio of currency vs GDP.
The Central government general budget is set to be presented on 1st February. For the first time, the Railway budget will also be presented along with the General Budget.
New 1000 rupee notes to be introduced
...........................................................................................................................
The 1000 rupee notes were declared as invalid. Now there is news that new 1000 rupees are to be released soon with enhanced security features.
Aadhar Pay Service to be launched soon
...........................................................................................................................
Very soon, Aadhaar Pay service will be launched for the people to make payments with Aadhar number and biometrics. According to what the Electronics and IT Minister Ravi Shankar Prasad, the Aadhar Pay service.
