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News at a Glance

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Universal Account Number allotted to each PF members by the EPFO
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    Universal Account Number (UAN) has been allotted to each PF members by the EPFO by converting the existing account numbers of employees who have contributed through electronic challan-cum-return from January to June 2014.
Posted On : 28/Jul/2014 11:58:04 AM View More & Comment (5329)

Forty-two special counters for filing of Income Tax returns
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    Forty-two special counters, including 12 for senior citizens, will work for filing of Income Tax returns, for which the last date is July 31.
Posted On : 26/Jul/2014 11:48:04 AM View More & Comment (2412)

Online facility for PF code numbers launched
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    An online registration facility to allot Provident Fund (PF) code numbers to employers was launched by Labour and Employment Minister Narendra Singh Tomar.
Posted On : 26/Jul/2014 11:20:37 AM View More & Comment (1780)

Even if there are only 10 employees, PF facility must be incorporated: Central Government exploring modification of the PF laws
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    Central government is planning to reduce the minimum number of workers for PF Facility in any organisation.
Posted On : 24/Jul/2014 4:23:03 PM View More & Comment (2829)

New airport regional director for south
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    Captain Deepak Shastri has taken over as regional executive director, southern region, Airports Authority of India.
Posted On : 24/Jul/2014 12:54:52 PM View More & Comment (2362)

Maximum complaints on State Bank of India!
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    The ombudsman for Tamil Nadu, Pondicherry, Andaman & Nicobar regions, Mr. U. Chiranjeevi, has informed that 1960 complaints have been received during the financial year 2013-2014 on the country’s largest bank, the State Bank of India alone!
Posted On : 23/Jul/2014 6:20:56 PM View More & Comment (2913)

Relaxation on Gold-jewel loans restrictions: Reserve Bank announcement!
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    Reserve Bank of India has relaxed certain restrictions imposed on loans given for gold jewellery.
Posted On : 23/Jul/2014 4:48:52 PM View More & Comment (2421)

31st July is the last date for filing Income-tax returns!
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    Filing income-tax returns as per dates scheduled by the government will prevent fines and interest and such additional expenses.
Posted On : 23/Jul/2014 4:29:46 PM View More & Comment (2251)

Plan for allotment of general account number for future Provident Fund Subscribers
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    The Provident Fund Commission has planned to allot general account numbers for all future subscribers who will start subscribing when they enter their jobs.
Posted On : 22/Jul/2014 3:09:38 PM View More & Comment (2420)

‘Aadhar’ cards back in the reckoning??
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    The newly formed central government has been exploring whether to continue with the subsidies under the Aadhar cards.
Posted On : 21/Jul/2014 3:33:57 PM View More & Comment (2969)

AirAsia India starts Bangalore-Kochi flight
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    On Sunday, AirAsia India, the domestic arm of Malaysian airline AirAsia added Kochi to its network with the launch of a daily flight service from Bangalore.
Posted On : 21/Jul/2014 11:40:37 AM View More & Comment (2507)

No hike in in prices of cooking gas and kerosene
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    Central Oil minister Dharmendra Pradhan has mentioned that there wouldn’t be any immediate hike in prices of cooking gas and kerosene.
Posted On : 21/Jul/2014 11:18:34 AM View More & Comment (1727)

Income tax return filing gets easier
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    Aiming to improve transparency and compliance, the government has introduced many modifications in filing income tax returns.
Posted On : 19/Jul/2014 11:53:18 AM View More & Comment (2448)

Farmers/agriculturists having an account in State Bank of India will have sms facility on agricultural news!
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    State Bank of India is all set to introduce a new facility for sending sms (short message services) about agricultural news to all farmers/agriculturists who have savings or other accounts with them.
Posted On : 18/Jul/2014 5:48:12 PM View More & Comment (2959)

New Rs. 20/- currency notes to be released shortly!
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    Reserve Bank of India is all set to release new Rs. 20/- currency notes shortly. This note will resemble the Mahatma Gandhi-2005 E series.
Posted On : 18/Jul/2014 4:58:31 PM View More & Comment (3207)

Implementation of minimum PF monthly pension of Rs. 1000/-: Government exploring the possibilities with retrospective effect!
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    The minimum monthly PF pension has been raised to Rs. 1000/-. Central government is exploring the possibilities of implanting this with a retrospective effect.
Posted On : 18/Jul/2014 4:55:32 PM View More & Comment (2329)

DA quotient rises by 7% for Central Government Employees
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    There has been a trend to raise the DA quotient during January & July every year.
Posted On : 14/Jul/2014 2:36:25 PM View More & Comment (1988)

Minimum PF monthly pension fixed at Rs. 1000/-
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    The latest budget has confirmed that for all employees under the Provident Fund Scheme, the minimum PF monthly pension will be fixed at Rs. 1000/-.
Posted On : 11/Jul/2014 3:15:34 PM View More & Comment (2810)

Reserve Bank to change lending for infrastructure projects
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    Reserve Bank of India Governor Raghuram Rajan noted the RBI would "shortly" issue circulars regarding banks lending for infrastructure projects.
Posted On : 11/Jul/2014 10:54:34 AM View More & Comment (1959)

Cooking Gas Subsidy to be cancelled for higher income-group families? Central Government explores!
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    Central Government is exploring the possibility of cancelling the subsidy for cooking gas for the higher income groups. This means that the higher income group may have to pay for the cylinder in full without any subsidy.
Posted On : 08/Jul/2014 2:38:15 PM View More & Comment (2819)
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