Since sufficient currencies are not being printed, restricted withdrawal at ATMs will continue even after 30th. Bank officials are also protesting against this. They are asking the government to ease the restrictions.
In order to incentivize Digital Payments, the Government of India, today, kick-started the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana awards at the Vigyan Bhavan, New Delhi. Shri Arun Jaitley, Hon’ble Union Minister of Finance
Rule 114E of Income-Tax Rules, 1962, for furnishing Statement of Financial Transactions (SFT) came into force with effect from 1st April, 2016. Any person who is liable for audit under section 44AB of the Income-Tax Act,
The information is gathered that in order to tide over the current acute shortage of currency notes, it has been decided to print triple the number of Rs. 500 currency notes printed and action has been initiated.
The government is taking several measures to eradicate the use of plastic cards and point of sales machines, and hence is eyeing on Aadhar Payment app. As per latest reports, this app will be launched tomorrow.
Canara Bank launches Canara Prepaid Card
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Canara Bank announced the launch of Canara Prepaid Card. Prepaid Card lets the Card Holders to use the same for Cash Withdrawal, Purchases at Point of Sale and Internet. The card holder can prefund.
Although the season of allergies, the monsoons, is embraced by all for the coolness and freshness it brings, the health hazards of monsoon keep us on guard. Here are a few Yoga poses that can help you strengthen your immunity system.
An announcement has been released for filling up the posts of 43 Junior Technicians, Superintendent, Technical Superintendent, etc. for the year 2017 in the Indian Institute of Technology, Chennai.
In order to streamline, liberalize and ease the process of issue of passport, the Ministry of External Affairs has taken a number of steps in the realm of passport policy which is expected to benefit the citizens of India applying for a passport.
To help tide over the situation after the demonetization of the currency notes of Rs. 500 and Rs. 1000, in order to help the employees who do not have savings account in banks, has introduced a new facility Cash Card.
In line with the Central Government’s objective of promotion of payments through cards and digital means over payments in cash, the Reserve Bank of India (RBI) has recently rationalized customer charges.
GoAir Christmas Sale
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GoAir is offering tickets from an all-inclusive Rs. 999 as part of its Christmas sale. The GoAir offer is applicable for travel between January 9, 2017, and April 15, 2017. The GoAir offer is open till December 31.
The Reserve Bank of India has mentioned that it has issued Rs 2260 Crores pieces of notes of new Rs 500 and Rs 2,000 to the banks during the period - November 10 to December 19.
Reports have said that the Narendra Modi government is considering a proposal to revise the base Income Tax slab and increase it up to Rs 4 lakh per annum from the current Rs 2.5 lakh per year.
The restrictions in the present situation for depositing the ole demonetized currency notes of Rs. 500 a,d Rs. 1000 denominations have been relaxed now.
Gas subsidy to be taken from rich
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All households are entitled to 12 cylinders of 14.2-kg each at subsidized rates. At this juncture, Prime Minister Narendra Modi has requested the affordable to give up the gas subsidies
In India, in order to abolish the old 500 and 1000 banknotes, the State Bank of India (SBI) and Bharat Sanchar Nigam Ltd (BSNL) has introduced a new wallet system.