100,000 Visas to be revoked by USA
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As per the new visa policy of US President Trump, nearly I Lakhs visas are to be reviewed for cancellation. US President Donald Trump signed an executive order which put a bar on citizens from Iran, Iraq, Libya.
Prime Minister Narendra Modi demonetized the Rs 1000 and Rs 500 notes on 8th November. In continuation of this, time was given to exchange the invalid notes in the banks.
It was announced in the union budget that people failing to file the income tax returns will be imposed with a penalty of Rs 10000. Day before yesterday, Finance Minister Arun Jaitley tabled the union budget for the year 2017-2018.
Centre stops sugar subsidy to states
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It has been mentioned in the union budget that the subsidy given to the states for selling sugar through ration shops has been stopped. As per the existing scheme, sugar is being sold for Rs 13.50 in the ration shops.
The price of domestic gas cylinder has been increased by RS 66.50. Public sector oil companies Indian Oil Corporation, Bharath and Hindustan Petroleum supplies gas for domestic and commercial usage.
What is H1B visa?
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H1B Visa is given to the employees who work in the United States of America on a temporary basis. H1B Visa is processed by the companies which employ the visiting employees.
At the start of the transactions of the Foreign Exchange market today (Wednesday, 1st February), the Indian Rupee appreciated against the US Dollar by 24 Paise and the exchange rate stood at Rs. 67.63 per US Dollar.
Bank strike on 28th February
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Bankers throughout the country will go on strike on February 28 on various demands including cash crunch and forced cashless transactions. All the nine bank unions have agreed to go on strike.
Filing the Union budget, Finance Minister Arun Jaitley promised that over 1 crore families that are in poverty will be relieved. He further stated that.
The Finance Minister Arun Jaitley has filed the Union Budget for 2017-18 today. In this budget, it was announced that the income tax for individuals will be reduced.
Indian Postal Department has begun its Indian Post Payment Bank services. Chief Executive Officer A P Singh said: India Post Payments Bank has started its services in Raipur and Ranchi.
Union Budget 2017-18: Live updates
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Union Budget 2017-18 Live updates from Finance Ministers budget speech in Parliament today. Follow us for the latest updates on Budget 2017-18.
What to expect in budget 2017?
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It is expected that there will be new taxes and concessions for cashless transactions in the union budget which is to be tabled today by the Finance Minster. In order to encourage cashless transaction.
Every Indian citizen is being provided with an Aadhar card which contains their personal information. This work is being done by The Unique Identification Authority of India (UIDAI).
Finance Minister files economic survey
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Finance Minister Arun Jaitley has filed the economic survey for the year 2016-17 at the Lok Sabha today. This contains descriptive report on the economic status of the nation. In this, it is stated that the overall production..
The Budget session of Parliament will begin today. Since this is the first session of the year President Pranab Mukherjee will address the joint sitting of the Lok Sabha and the Rajya Sabha.
The Reserve Bank of India has withdrawn the limits on the maximum withdrawal amount in ATMs. This would be effective from 1st February. The central government declared that the old currency notes of Rs. 500.
Immediately after the demonetization announcement that the old currency notes of Rs. 500/- and Rs. 1000/- as invalid, the central government released new currency notes of Rs. 500/- and Rs. 2000/- denominations.