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News at a Glance


Union Budget 2016 - Banking

Banks get a big boost: Rs 25,000 crore towards recapitalisation of public sector banks.

Posted On :29/Feb/2016 2:30:41 PM

Union Budget 2016 - Tax

No changes have been made to existing income tax slabs

Posted On :29/Feb/2016 2:25:44 PM

White Label ATMs

The Reserve Bank of India (RBI) has issued guidelines regarding setting up of White Label ATMs by non-bank entities.

Posted On :28/Feb/2016 7:48:46 PM

A new regulation on PF withdrawal - if not withdrawn at age 54, wait till 57

A new Provident Fund withdrawal regulation is being introduced.

Posted On :28/Feb/2016 7:46:07 PM

Pan Card Mandatory for all Transactions

The Government vide notification S.O. (3545)(E) dated 30.12.2015, has made quoting of Permanent Account Number (PAN) mandatory for all transaction.

Posted On :28/Feb/2016 7:24:12 PM

Custom duty on life saving drugs

Representations have been received from domestic industry stating, inter alia that the exemption/concessional customs duties on drugs including life saving drugs deters domestic manufacture of these life saving drugs.

Posted On :28/Feb/2016 7:13:36 PM

Ringing Bells to refund Freedom 251 payments: Report

Ringing Bells MD Mohit Goel has claimed that the company has refunded the money of all 30,000 customers and said that the company will accept cash on delivery only.

Posted On :27/Feb/2016 5:30:11 PM

Number of billionaires goes up in India

The company Hurun conducted a research on Global Rich 2016. It has found that the number of billionaires in India has gone up.

Posted On :26/Feb/2016 8:12:29 PM

Central governments approval to cancel service charges for debit/credit card transactions

The central government cabinet ministry met headed by the Prime Minister Narendra Modi.

Posted On :26/Feb/2016 12:22:18 PM

E-tourist visa facility extended to 37 more countries by the Home Ministry

The government had launched the e-tourist visa facility on November 27, 2014 in order to increase the tourist inflow.

Posted On :26/Feb/2016 11:30:10 AM