The Prime Minister Narendra Modi declared that the currency notes of Rs.500 and Rs. 1000 would be invalid on 8th November 2016. The public was given time till 31st December to exchange these notes.
All the banks will function on all days until 1st of April 2017. The RBI has requested all banks to be functional till then in order to facilitate various banking functions including tax collection.
Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan launched MoP&NG e-Seva, a dedicated grievances redressal platform on Social Media for all queries and grievances relating to Oil and Gas Sector.
Karur Vysya Bank - NRI services
...........................................................................................................................
Karur Vysya Bank offer one of the best rates on FCNR deposits. Beat the fluctuation in currency conversion by investing in FCNR deposits in USD, GBP, EURO, JPY, CAD & AUD.
The central government headed by the Prime Minister Narendra Modi has announced the offer of subsidies in the interest paid for the housing loans taken by the middle class section of the society.
Starting from 1st July this year, Aadhar card will be mandatory for paying tax or applying for Permanent Account Number. The decision will have a huge impact on the socio-economic spectrum.
Air India to provide WiFi for commuters
...........................................................................................................................
Starting from July this year, Air India commuters can enjoy surfing the web, checking mails and social media posts on domestic flights.
The Government of India has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to a larger number of women, at a faster pace.
Details about some saving schemes
...........................................................................................................................
This is a traditional investment, especially as an Income Tax saving avenue. This is universally applicable for all cadres of employees especially considered as an old age provision.
6000 CTS employees to lose job this year
...........................................................................................................................
Reports from renowned journals alert that leading IT player Cognizant is likely to lay off 6000 employees this year.
How to plan your budget smartly?
...........................................................................................................................
Though the importance of budgeting is continuously stressed and people realize its need to much extent, it is always difficult to implement it practically. The main reason is not being able to shrink our expenses.
A new facility for the pensioners is being introduced from 1st April, they can register their Aadhar card details online as a life certificate. Henceforth, they need not have to go in person to the treasury to prove that they are alive.
