RBIs circular to all banks
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The Reserve Bank of India has insisted that the quantity of the notes of Rs. 500 and Rs. 1000 deposited as per the deadline of the last date, the evening of 30th December.
ESI (Employee’s State Insurance Corporation) has introduced a special scheme SPREE (Scheme for promoting Registration of Employees and Employers-SPREE) for the benefit of providing social security.
The President of India, Pranab Mukherjee has given his nod to the bill to pay salary to employees of factories and companies via bank.The new rule for paying salary for the year 2016 allows paying salary directly.
After the announcement on 8th November declaring that the currency notes of the denominations Rs. 500 and Rs. 1000, it was stated that these notes can be exchanged at all banks and Post Offices.
Two new schemes, Lucky Grahak Yojana & Digi Dhan Vyapar Yojana have been introduced by the central government in order to encourage the digital payment transactions between customers and traders.
Passport Rules Made Simpler
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Regional Passport Officer (Madurai) S. Maniswara Raja while speaking about relaxed rules for obtaining new passports said: The Ministry of External Affairs officials liberalized certain norms for obtaining passports.
New York University’s Professor Viral Acharya has been appointed as new deputy governor of the Reserve Bank of India.After the elevation of Urjit Patel as RBI governor, the post of deputy governor was lying vacant.
Prime Minister Narendra Modi had announced on 8th November that the Rs 500 and Rs 1000 notes will be void and said that he will be replacing them by new 500 and 2000 currency notes.
Simple Short term investment ideas
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What is a short term investment? The answer is simple. Any investment that is made between 1 and 5 years is called short term investment. They come with a number of advantages compared to long term ones.
The prime minister, Mr Narendra Modi announced that the old Rs. 500 and Rs. 1000 notes will not be valid on 8th November.Consequently, the public all over the country have been depositing all their old money in the banks,
The withdrawn money Rs 500 and Rs 1000 which was withdrawn by the central government has been now deposited in the banks to the tune of Rs 14 Lakhs Crores.
Cracking the tradition of announcing the Union Budget on the last working day of Friday, for the year 2017, the Union Budget will be presented on 1st February.
Last Tuesday, the Currency Note Press at Nasik and Currency Note Press at Dewas created a record by printing Rs 3.75 Crores. An official of Currency Note Press said: 2.05 Crores new currencies were printed.
The Central Industrial Security Force (CISF), which is responsible for the security at the airport has made Aadhar card mandatory for all who want to take entry pass for airports, starting from January 1, 2017.
Dhirubhai Ambani is the founder of Reliance Industries in Bombay. He, along with his cousin, founded the firm. He holds the pride of being listed among the top 50 businessmen in Asia in the Sunday Times.
Easy ways to turn rich this New Year
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Here are some of the simple ways in which you can turn richer this new year.
Annually, the debit card interest you pay would be of 30 to 42 percent. When the outstanding dues are kept carry forwarded,
