As the New Year is fast approaching, you must be at the verge of planning celebrations. Having shelled out for the Christmas eve and amid cash crisis, we bring you some of the affordable, yet exciting New Year celebration ideas.
Unified Payment Interface (UPI) promises universal electronic transactions leading to a cashless society. This was introduced by the government earlier this year.
After 30th December you cannot deposit Rs 500 and Rs 1000 notes in the banks. From that day, it will be totally invalid. It will be a mere paper. After this, people who have these invalid notes will be penalized heavily.
Indian currencies to be printed abroad
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There is heavy financial crunch after the government demonetized the currency notes. In view of this, the central government is deciding to print our currencies in foreign countries.
Swiping devices are the most largely used equipment for electronic money transactions and most of the public and traders are well-acquainted with them.The swiping facility is available even in POS (Point-Of-Sales) devices also.
Since sufficient currencies are not being printed, restricted withdrawal at ATMs will continue even after 30th. Bank officials are also protesting against this. They are asking the government to ease the restrictions.
In order to incentivize Digital Payments, the Government of India, today, kick-started the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana awards at the Vigyan Bhavan, New Delhi. Shri Arun Jaitley, Hon’ble Union Minister of Finance
Rule 114E of Income-Tax Rules, 1962, for furnishing Statement of Financial Transactions (SFT) came into force with effect from 1st April, 2016. Any person who is liable for audit under section 44AB of the Income-Tax Act,
The information is gathered that in order to tide over the current acute shortage of currency notes, it has been decided to print triple the number of Rs. 500 currency notes printed and action has been initiated.
The government is taking several measures to eradicate the use of plastic cards and point of sales machines, and hence is eyeing on Aadhar Payment app. As per latest reports, this app will be launched tomorrow.
Canara Bank launches Canara Prepaid Card
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Canara Bank announced the launch of Canara Prepaid Card. Prepaid Card lets the Card Holders to use the same for Cash Withdrawal, Purchases at Point of Sale and Internet. The card holder can prefund.
Although the season of allergies, the monsoons, is embraced by all for the coolness and freshness it brings, the health hazards of monsoon keep us on guard. Here are a few Yoga poses that can help you strengthen your immunity system.
An announcement has been released for filling up the posts of 43 Junior Technicians, Superintendent, Technical Superintendent, etc. for the year 2017 in the Indian Institute of Technology, Chennai.
In order to streamline, liberalize and ease the process of issue of passport, the Ministry of External Affairs has taken a number of steps in the realm of passport policy which is expected to benefit the citizens of India applying for a passport.
To help tide over the situation after the demonetization of the currency notes of Rs. 500 and Rs. 1000, in order to help the employees who do not have savings account in banks, has introduced a new facility Cash Card.
