News at a Glance
ATM charges to be back again
Following the demonetization and the subsequent severe cash shortage, the regulation that charges will be levied in case more than 5 cash withdrawals are made from ATMs was cancelled.
Posted On :04/Jan/2017 5:46:00 PM
Underwater drones developed by IIT Madras
Scientists from the Indian Institute of Technology Madras, IIT-M, have developed a real life-inspired propulsion system for underwater drones or unmanned underwater vehicles, UUVs. These include fin-like blades inspired by penguins, turtles and fishes and whiplash-like rudders.
Posted On :04/Jan/2017 5:29:12 PM
RBI appoints Surekha Marandi as ED
Surekha Marandi is now Executive Director, ED, of the Reserve Bank of India. The appointment is with effect from January 2.
Posted On :04/Jan/2017 4:51:57 PM
Quarterly TDS/TCS due dates
Filing of e-TDS/TCS statements within due date to avoid further consequences. Here are some of the important points.
Posted On :04/Jan/2017 2:58:01 PM
HDFC and Bank of India announce cut in lending rates
Prime Minister Narendra Modi in a televised address on New Years eve has asked the banks to reduce the interest rates on loans. Accordingly HDFC and Bank of India has reduced the interest rates on loans.
Posted On :04/Jan/2017 1:06:30 PM
Indian Bank launches UPI app
Indian Bank has introduced UPI (Unified Payment Interface) app on Tuesday. The app will enable Indian Bank customers to send and receive money using their smartphones.
Posted On :04/Jan/2017 11:33:19 AM
ESIC new schemes
Regional Director has mentioned that the wage limit has been increased in order to join ESI scheme.ESI Corporation has taken two important decisions. One of the decisions is that ESI has raised the monthly wage threshold.
Posted On :04/Jan/2017 11:22:26 AM
Rs 5 discount on online payment of LPG cylinder
Oil companies have announced that there will be Rs 5 discount for those who book their LPG through online.
Posted On :04/Jan/2017 10:47:39 AM
Union budget on 1st February
The Union budget is scheduled to be presented on 1st February 2017.For this year, the Railways Budget will also be combined with the General Budget presentation ending the very long tradition.
Posted On :04/Jan/2017 10:23:45 AM
List of tax savings schemes
If you are planning tax savings for FY17, it will be helpful to know your options. All the following instruments are qualified for a deduction of up to Rs 1.5 lakh under Section 80C.
Posted On :03/Jan/2017 6:21:51 PM
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