Under the provisions of recently introduced section 139AA of the Income-tax Act, 1961 (the Act), with effect from 01.07.2017, all taxpayers having Aadhaar Number or Enrolment Number are required to link the same.
Petrol and diesel price decreased
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Petrol price was decreased by 5 paise per litre and diesel price down by 1 paise per litre with effect from 6 am, Dec 08.
The central government has announced that the deadline for linking Aadhar card data with the central government welfare schemes has been extended until 31st March 2018.
RBI reduces MDR for small merchants
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For small merchants i.e., for businesses that make turnover of lesser than Rs 20 lakh, the RBI has reduced the merchant discount rate. MDR is the fees that the merchants pay to the bank for each and every card payment done.
No changes in interest ratio - RBI
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A meeting regarding the prevalent financial condition of the RBI and the review of policies was conducted by the Reserve Bank of India, presided by the RBI governor Ujit Patel.
Petrol price decreased
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Petrol price was decreased by 1 paise per litre with effect from 6 am, Dec 07. Prices may vary from Outlet to Outlet within a city due to differential local sales tax or VAT rates.
The Government of India have announced the Sale (re-issue) of 6.84 per cent Government Stock, 2022 for a notified amount of Rs. 3000 crore (nominal) through price based auction, 6.68 per cent Government Stock.
During the month of December, the non-subsidised LPG cooking gas cylinders are being sold at Rs. 713.50 to Rs. 759.50 and the subsidised LPG cooking gas cylinders are sold at Rs. 483.69 to Rs. 498.43.
4 Main deadlines for Aadhar linking
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If you want to avoid a few kinds of hassles in the coming year, you got to meet some deadlines pertaining to Aadhar. The government has placed a request to the Supreme Court for postponing hearing.
Indian Overseas Bank has introduced a new App called Nanban to its customers. IOB CEO and MD, R. Subramanya kumar informed that the new App Nanban has been introduced.
Diesel price up by 2 paise per litre with effect from 6 am, Dec 04. Prices may vary from Outlet to Outlet within a city due to differential local sales tax or VAT rates.
Petrol price increased
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Petrol price was increased by 1 paise per litre with effect from 6 am, Dec 03. Prices may vary from Outlet to Outlet within a city due to differential local sales tax or VAT rates.
Aadhar mandatory for Amazon and Paytm
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Aadhar has been made mandatory for availing the various welfare schemes from the government. The central government has made it mandatory for linking Aadhar with the mobile number and the bank savings accounts.
Diesel price up by 2 paise per litre with effect from 6 am, Dec 02. Prices may vary from Outlet to Outlet within a city due to differential local sales tax or VAT rates.
Before planning for down-payment, here are a few points to note. Down payment is the initial payment that you make while buying something out of credit.
