A famous American magazine has mentioned that India has ranked the 6th place in the world powerful countries list. The famous American monthly magazine called American Foreign Policy.
In order to prevent the circulation of black money, the Prime Minister Narendra Modi had announced on 8th November that Rs 1000 and Rs 500 notes have been declared invalid. In lieu of this new Rs 2000 and Rs 500.
Restrictions were imposed to withdraw money from banks after the demonetisation. The restrictions still continue in withdrawing cash from savings and current account. Restrictions were imposed.
Passport offices in every district soon
...........................................................................................................................
Passport offices are to be set up in each district shortly. Presently, the head passport office is available in Tamil Nadu in the capital city of Chennai only. Considering this hardship of the people in the distant areas.
According to research firm IDC, smartphone sales in the top 50 Indian cities fell sharply by 30.5 per cent in November 2016 over the previous month, hit by double whammy of liquid cash crunch.
A new report has revealed that Microsoft founder Bill Gates will be the first trillionaire in the next 25 years. Oxfam International, a research organization has mentioned that one of the world’s richest man/
Mr Thomas Franco, the President of the All India State Bank of India Officers Association, informed that there are good prospects of the new Rs. 2000 currency noted being declared as invalid before 31st March.
The Telecom Regulatory Authority of India has received several cases from state police departments where it had been found that hundreds of SIM cards have been obtained using fake documents.
The Honorable Supreme Court has directed the central government to find a mechanism to ensure the verification of mobile phone subscribers. A NGO Lok Nidhi had filed a public litigation in the Supreme Court of India.
After the demonetization, the black money kept in cash form may disappear. However, the black money invested in the form of gold or Real Estate cannot be removed from the economy.
AirAsia has launched an Early Bird sale
...........................................................................................................................
AirAsia has launched an Early Bird sale which is , now underway, will go on till January 22, 2017, and you can book tickets for travel time between May 1, 2017 and February 6, 2018.
Normally the EPFO pensioners have to submit their live certificates during the month of November. If the pensioners fail to do so, their pension will be stopped.
The central government Finance Minister, Mr. Arun Jaitley has informed that the GST (Goods and Services Tax) will be effective from 1st July, postponed from the earlier scheduled date of 1st April.
Taxes on fast food items set to go up
...........................................................................................................................
Information is gathered that the taxes on certain items like fast food and sweetened bottled drinks are likely to go up after the new budget