News at a Glance
Now you can withdraw Rs.50000 from your savings accounts
Stringent regulations were imposed on withdrawing cash after the demonetization. Now, the Reserve Bank of India has announced that from 20th February (Monday), cash up to Rs. 50000/- per day can be withdrawn from the bank.
Posted On :21/Feb/2017 11:11:23 AM
Govt to list all profit making PSUs in 22 weeks
It is expected that for the investment offerings in the PSUs (Public Sector Undertakings), the central government will grant approval in 22 weeks.
Posted On :21/Feb/2017 10:00:33 AM
Know about Provident Fund better
Your savings for retirement years is what you call Provident Fund. If you ask any financial planner, they would never ever suggest withdrawing money from your PF before getting retired.
Posted On :20/Feb/2017 7:26:06 PM
7th pay panel revises HRD, increases to 30 percent
The allowances committee led by Finance Secretary Ashok Lavas is reviewing allowances under 7th Pay Commission. The recommendations in this regard are likely soon.
Posted On :20/Feb/2017 3:02:47 PM
Online settlement of EPF soon
The Employees Provident Fund Organisation or EPFO will soon launch an online facility for settlement of claims, including EPF withdrawal and pension fixation. At present, retirement fund body EPFO receives close to 1 crore.
Posted On :20/Feb/2017 11:52:01 AM
Indian Rupee depreciates against the US Dollar - Rs. 67.05
Just like the prevailing uncertain situation in the Indian Stock Market, the value of Indian Rupee also is unsteady. With the stock exchange opening today at 9.00 AM, the value of the India Rupee against the US Dollar went down by 4 paise and stood at Rs. 67.05.
Posted On :20/Feb/2017 11:41:49 AM
Increase in share prices unprecedented in the last 5 months
The stock exchange trade yesterday (Friday, 17th February) marked an unprecedented increase experienced since last 5 months.
Posted On :18/Feb/2017 2:01:06 PM
Tata Motors and Microsoft join hands for in-car connection
Tata Motors has announced that it has tied up with global technology giant Microsoft to improve the in-car connected experience.
Posted On :18/Feb/2017 11:12:06 AM
President Pranab Mukherjee amends Payment of Wages Act
According to the Payment of Wages Act, 1936, the wages to the employees should be paid by cash or coins or both. The central government after demonetizing the currencies encouraged people to go for cashless transactions.
Posted On :18/Feb/2017 11:03:24 AM
Jet Airways introduces global pass
Jet Airways has launched travel coupon booklets called global Jet pass. This booklet will contain four coupons.
Posted On :17/Feb/2017 1:23:14 PM
JB Soft System