In the airports, it was mandatory to get a security stamp on their hand baggage. From December 15 passengers flying from Delhi, Mumbai, Kolkata, Chennai, Hyderabad and Bengaluru will soon travel hassle-free.
Government on Thursday announced that the invalid Rs 500 notes can be used only till 10th December for purchasing tickets of railway, metro and state road transport buses. It was earlier announced.
In the aftermath of the cancellation of the legal tender character of old Rs.500 and Rs.1,000 notes, there has been a surge in the digital transactions through use of credit/debit cards and mobile phone applications.
From today, there will be no service tax charged for using credit or debit card transactions up to Rs 2000. At present, about 15 percent service tax is paid for these transactions. This move comes.
Experts believe that Reserve Bank Governor Urjit Patel is expected to again go in for a 0.25 per cent interest rate cut at its next policy review on Wednesday, with an aim to cushion the impact of demonetization.
Salary of RBI governor is Rs 2.09 Lakhs
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A social activist has asked some questions about the functioning of RBI through RTI act. The activist has asked to share details on appointment of Patel and other candidates. The Centre has declined to share details.
Dos and Donts for Writing cheques
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Dos & Donts for Handling cheques
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New Rs 50 and Rs 20 are printed by RBI
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Prime Minister Narendra Modi withdrew the old 500 and 1000 rupee notes on 8th November. In lieu of this new Rs 2000 currencies were put in circulation. New Rs 500 notes are being printed now.
A United Nation announcement indicates that India’s growth in the economy in the year 2017 will be 7.6 percent.The World Bank has released an analysis report on the world economy.
Jet Airways and FreeCharge have partnered to offer secure, convenient payment solution to travellers. Customers booking their flights and extras on www.jetairways.com can now pay for their ticket using the FreeCharge wallet.
Now make payments via Aadhaar Card
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The central government has been encouraging financial transactions through Aadhar card for the growth towards cashless economic measures.
ATM manufacturers say that nearly 90 per cent of the 2 lakh ATMs deployed across the country have been re-calibrated to dispense the new 500 and 2,000 rupee notes. As per the plan issued by the government,
Short Term Investment Options
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In light of the recent demonetization, a large chunk of everyone’s cash will now stay in banks for the next few months. Savings bank interest is 4 percent and 6 percent in some banks.
With effect from the midnight of 2nd December, 2016, old Rs. 500 bank notes will not be accepted at petrol, diesel and gas outlets of Public Sector Oil and Gas Marketing Companies as well as for purchase of Air Tickets at Airports.
The prices of LPG cylinders (subsidized cooking gas) were hiked by Rs.55 on Thursday morning. As per the modified rates, a subsidized 14.2-kg cylinder will now cost Rs.593.50 in Chennai as against Rs.538.50 previously.
