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ustomer compensation for failed transactions using authorised Payment Systems

ustomer compensation for failed transactions using authorised Payment Systems

It has been observed that a large number of customer complaints emanate on account of unsuccessful or ‘failed’ transactions. Failure could be on account of various factors not directly attributable to the customer 

21, September, 2019 by
State Bank of India warns of fake accounts on social media

State Bank of India warns of fake accounts on social media

The State bank of India warned its customers against any integration of non official handles, it said to interact only with the verified and official handles of SBI

15, February, 2019 by
All you wanted to know about NBFCs

All you wanted to know about NBFCs

A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government

11, November, 2018 by
Survey Computer Software and Information Technology 2016-17

Survey Computer Software and Information Technology 2016-17

The Reserve Bank of India today released the March 2018 issue of its monthly Bulletin. The articles are on ‘Survey on Computer Software and Information Technology Enabled Services Exports: 2016-17’, and ‘Quarterly Estimates of Households’ Financial Assets and Liabilities’.

11, March, 2018 by
On more than 50 crores of loans,  passport detail must

On more than 50 crores of loans, passport detail must

Next step on clean N #Responsible #banking. Passport details a must for loans > 50 cr. Steps to ensure quick response in case of Frauds.@PMOIndia

11, March, 2018 by
Foreign branches of public sector banks will be closed

Foreign branches of public sector banks will be closed

Foreign branches of public sector banks owned by the Government of India will be closed. It is yet to confirm the news that, if the government will only shut down branches of Punjab National Bank (PNB)

7, March, 2018 by
National Highways Authority of India going Strong after Moody's upgrades

National Highways Authority of India going Strong after Moody's upgrades

Following the upgrade of India's sovereign rating from Baa3 positive to Baa2 stable on 16th November 2017, Moody's Investors Service has upgraded the issuer ratings of National Highways Authority of India to Baa2 from Baa3 and revised outlook to stable from positive.

18, November, 2017 by
All Banks need to link the Aadhaar without further delay: RBI

All Banks need to link the Aadhaar without further delay: RBI

The Reserve Bank of India, RBI has made it clear that it is necessary to link the bank account with the Aadhaar. RBI has also said that the bank should implement it without waiting for any order.

22, October, 2017 by
GST new notification Issued For Actionable Claim On Branded Food Products

GST new notification Issued For Actionable Claim On Branded Food Products

The GST Council, in its 21st meeting held on 9th September, 2017 at Hyderabad has, inter alia, recommended that for 5% GST rate on cereals, pulses and flours etc. put up in unit container and bearing a registered brand name:

23, September, 2017 by
We pay tax, faced demonetisation, GST but prices have moved NORTH

We pay tax, faced demonetisation, GST but prices have moved NORTH

The Dream seller, BJP government is all the day round increasing the price of daily needs and there a not a single Modi supporter who is going against this, what a fool we are.

18, September, 2017 by
Simple steps to save Vodafone, Airtel, Idea mobile numbers deactivation

Simple steps to save Vodafone, Airtel, Idea mobile numbers deactivation

Though the linking is free, however the SIM users will have to visit the respective store to complete the process offline, to link the Aadhaar with SIM.

11, September, 2017 by
Increasing petrol prices every day, Mumbai to pay around 80 Rs per liter

Increasing petrol prices every day, Mumbai to pay around 80 Rs per liter

Increasing prices of diesel-petrol every day, earlier it was claimed to benefit the customers, but it does not seem to be making any profit to the customers.

11, September, 2017 by
When 7th Pay commission going to be implemented? Min pay Rs 21,000

When 7th Pay commission going to be implemented? Min pay Rs 21,000

Going by the recommendations, If the 7th Pay commission is implemented then the minimum pay scale for the employees falling under this will be all set to Rs 21,000. Surely this is going to create more happiness and satisfaction

6, September, 2017 by
CBDT extends date for Linking of Aadhaar with PAN, Income Tax Returns dates

CBDT extends date for Linking of Aadhaar with PAN, Income Tax Returns dates

The Central Board of Direct Taxes (CBDT) in the last minute today extended the deadline for filling the filing Income Tax Returns (ITRs) and linking Aadhaar with the Permanent Account Number (PAN) of taxpayers.

31, August, 2017 by
Advanced GST questions: taxable event under GST, Scope and Time of Supply

Advanced GST questions: taxable event under GST, Scope and Time of Supply

This Section deals with questions like What is the taxable event under GST? What is the scope of ‘supply’ under the GST law?  What is a taxable supply? And much more.

26, August, 2017 by
Advanced GST questions related to Registration, is it required

Advanced GST questions related to Registration, is it required

This Section is dedication for the reasons why GST Registration is required. To guide taxpayers in relation to GST matters, CBEC has issued a range of frequently asked questions related to GST law, procedures, tax rates, specific industry or sector. 

26, August, 2017 by
Advanced GST questions: Levy of and Exemption from Tax part 2

Advanced GST questions: Levy of and Exemption from Tax part 2

This article deals with question related to  power to levy GST derived from, questions like taxable events Under GST and much more advanced questions on GST.

26, August, 2017 by
Basic questions, Guidance to taxpayers for GST, Goods and Services Tax Part 1

Basic questions, Guidance to taxpayers for GST, Goods and Services Tax Part 1

To guide taxpayers in relation to GST matters, CBEC has issued a range of frequently asked questions related to GST law, procedures, tax rates, specific industry or sector.

26, August, 2017 by
Reserve Bank says introduction of ₹ 200 notes will facilitate ease of transactions

Reserve Bank says introduction of ₹ 200 notes will facilitate ease of transactions

The Reserve Bank of India will issue on August 25, 2017 ₹ 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks.

24, August, 2017 by
Foreign Exchange Earnings of 14,986 Cr Through Tourism India, July 2017

Foreign Exchange Earnings of 14,986 Cr Through Tourism India, July 2017

Growth in FEEs during the month of July 2017 were Rs. 14,986 crore as compared to Rs.14,285 crore in June 2016 and Rs. 11,982 crore in July 2015.

22, August, 2017 by
Last Date for Padma Awards nominations - 15th September, 2017

Last Date for Padma Awards nominations - 15th September, 2017

The last date for receipt of the nominations for the Padma Awards 2018 is September 15, 2017. Everyone can nominate any one. People are encouraged to nominate unsung heroes who deserve these prestigious awards (Padma Vibhushan, Padma Bhushan and Padma Shri)

18, August, 2017 by
Now Aadhaar card will be made and updated in Banks

Now Aadhaar card will be made and updated in Banks

The government is going to make a new arrangement, under which making and updating of the Aadhar card will be done in banks itself.

11, August, 2017 by
Now you can buy NCERT books from NCRT Web portal itself, know how

Now you can buy NCERT books from NCRT Web portal itself, know how

Upendra Kushwaha, Minister of State, Ministry of Human Resource Development, Government of India has launched a NCERT’s Web portal for supply of textbooks to schools and individuals in New Delhi today.

9, August, 2017 by
Growth in Income Tax Returns filed in current fiscal, Advance Tax up by 41%

Growth in Income Tax Returns filed in current fiscal, Advance Tax up by 41%

As a result of demonetization and Operation Clean Money, there is a substantial increase in the number of Income Tax Returns(ITRs) filed. The number of  Returns filed as on 05.08.2017

7, August, 2017 by
How to check if your PAN has been deactivated, or is valid

How to check if your PAN has been deactivated, or is valid

In a bid to reduce very high numbers of fake numbers of Permanent Account Numbers or PAN numbers, the central government deactivated over 11 lakhs PANs which violated the rules.

7, August, 2017 by
Aadhaar Card necessary, but not mandatory after death from 1 October 2017

Aadhaar Card necessary, but not mandatory after death from 1 October 2017

After the decision of the Narendra Modi government, Now Aadhaar card's required even after death. Otherwise, the family members of the dying person will not be able to get the benefit

4, August, 2017 by
After LPG now Kerosene Subsidy to end, another setback for poor people

After LPG now Kerosene Subsidy to end, another setback for poor people

After the LPG, the central government is now ending the subsidy on kerosene. The central government is doing this because the consumption of kerosene in rural areas has decreased considerably.

3, August, 2017 by
Here onwards loans to get cheaper, RBI cuts repo rate to percent

Here onwards loans to get cheaper, RBI cuts repo rate to percent

The Reserve Bank has reduced the repo rate and the reverse repo rate while giving big relief to the common man. In the monetary policy review meeting of the Reserve Bank, a decision on taking  on interest rates

2, August, 2017 by
Why are Chinese products cheaper than Indian Goods, Minister Reply in Parliament

Why are Chinese products cheaper than Indian Goods, Minister Reply in Parliament

The price of goods made in China is much lower than the goods made in India. The reason behind this is revealed by the government in Parliament.

1, August, 2017 by
90 percent customers affected after SBI reduces interest rates to 3.5

90 percent customers affected after SBI reduces interest rates to 3.5

State Bank of India (SBI) reduced interest rates on savings accounts by 0.5 percent on Monday 31st July. The deduction in interest rate on deposit will be applicable from July 31.

31, July, 2017 by
Now the price of LPG gas cylinder will increase every month?

Now the price of LPG gas cylinder will increase every month?

The news is that the Modi government has ordered government oil companies to increase the price of LPG cylinders by 4 rupees every month.

31, July, 2017 by
Income Tax Return filling date extended post July 31, Know what is the new date

Income Tax Return filling date extended post July 31, Know what is the new date

Earlier July 31 was the last date to file income tax return, This was the common issue many of the people were worried that they had not filed their ITR.

31, July, 2017 by
Happiness for 4 crores of employees, new minimum wage bill passed

Happiness for 4 crores of employees, new minimum wage bill passed

Good news for more than 40 million employees of the country. The Union Cabinet approved the Minimum Wage Code Bill on Wednesday.

27, July, 2017 by
Big question is Govt going to remove Rs 2000 notes, love to Rs 200 notes

Big question is Govt going to remove Rs 2000 notes, love to Rs 200 notes

The Reserve Bank of India, India’s Central Bank has not printed Rs 2000 notes since the last five months; The big question is that is the Government is trying to scrap the Rs 2000 notes

26, July, 2017 by
Ministry of Railways undertakes improves Catering Services, know all

Ministry of Railways undertakes improves Catering Services, know all

23 Million passengers travel on Indian Railways on a daily basis. Catering services on Indian Railways can be classified into two broad categories viz. Mobile catering and static catering services.

22, July, 2017 by
Factcheck on the new pension scheme of Modi Government, 60,000 rupees annually

Factcheck on the new pension scheme of Modi Government, 60,000 rupees annually

The Central Government has announced a new investment scheme for senior citizens. Union Finance Minister Arun Jaitley launched the PMVYYY scheme ie PMVVY.

22, July, 2017 by
Update on Interest, PPF, NSC, KVP, Sukanya Samriddhi Scheme, public provident fund, National Savings Certificate

Update on Interest, PPF, NSC, KVP, Sukanya Samriddhi Scheme, public provident fund, National Savings Certificate

The returns on Small savings schemes like public provident fund (PPF), National Savings Certificate (NSC) and Kisan Vikas Patra,(KVP)has been revised as per date 30th June 2017.

16, July, 2017 by
Must know Income Tax return changes in year 2017

Must know Income Tax return changes in year 2017

The Indian government has made a few changes in the rules for filing income tax returns of 2017-18. Let’s know what the rules...are

15, July, 2017 by
No GST in anna kshetras, prasad at temples, mosques, churches, gurudwaras, dargahs

No GST in anna kshetras, prasad at temples, mosques, churches, gurudwaras, dargahs

No GST is applicable on free food supplied in anna kshetras run by religious institutions; prasadam supplied by religious places like temples, mosques, churches, gurudwaras, dargahs, etc. attracts Nil CGST and SGST or IGST, as the case may be

11, July, 2017 by
Ministry of Power, Indian Power Sector- An Update

Ministry of Power, Indian Power Sector- An Update

Generation Capacity Addition target during the period 2012-17 from conventional sources was 99,209.47 MW against a target of 88,537 MW, over achieving the same by 112%. Conventional generation capacity addition

10, July, 2017 by
One Nation one Tax Market: Tax under GST regime, Tax invoice questions

One Nation one Tax Market: Tax under GST regime, Tax invoice questions

This article contains GST – Concept & Status, FAQs on GST English, CGST, UTGST, IGST & Compensation Acts

8, July, 2017 by
One Nation One tax market GST: Basic Concepts of Transition & Invoice

One Nation One tax market GST: Basic Concepts of Transition & Invoice

questions on gst and answers, I was registered under existing law. How will I get ITC as on 01st July, 2017

8, July, 2017 by
To help India grow do not buy China products, GST will help

To help India grow do not buy China products, GST will help

GST has made a complete arrangement to defeat China without fighting at the border. The biggest advantage of GST is that it will strengthen the small Indian economy devastated by Chinese goods and market will become stronger again.

4, July, 2017 by
UIDAI, Aadhar card enrollment do it before September 2017, here is reason

UIDAI, Aadhar card enrollment do it before September 2017, here is reason

The Unique Identification Authority of India (UIDAI) has asked all the states to ensure that till September 2017 this year, all the base centers or enrollment centers from outside should be transferred to government occupied campus.

2, July, 2017 by
What are the 17 taxes being removed after coming of GST

What are the 17 taxes being removed after coming of GST

The Goods and Service tax (GST) being implemented on July 1, 2017 has brought a regime in the Indian tax regime which will be remembered for 100 of years from now.

1, July, 2017 by
Narendra Modi government reduces PPF, NSC, KVP, NSC or National saving certificates

Narendra Modi government reduces PPF, NSC, KVP, NSC or National saving certificates

The Narendra Modi government of the center has shocked the small investors. The government has reduced the interest rates paid on public provident fund (PPF) accounts, Kisan Vikas Patra (KVP) and National Savings Certificate (NSC) under the Small Savings Scheme.

1, July, 2017 by
RBI to introduce Rupee 200 new notes to make life easier

RBI to introduce Rupee 200 new notes to make life easier

The government has started printing of 200 rupees notes. According to an English newspaper, the Reserve Bank has already started printing new notes in some units to make everyday transactions easier.

1, July, 2017 by
One Nation One Tax, GST Indian Biggest reform launched July 1, 2017

One Nation One Tax, GST Indian Biggest reform launched July 1, 2017

Goods and Services Tax (GST) came into effect from July 1, 2017 throughout the country. President Pranab Mukherjee and PM Narendra Modi put GST in the country at just 12 o'clock by pressing the button.

1, July, 2017 by
GST India is going to be a big problem for the common man just like demonetisation

GST India is going to be a big problem for the common man just like demonetisation

Goods and services tax (GST), the bill has been a latest talk in India. Tonight it is going to be launched. GST has made many lose their sleep nights sleeps, but for consumers for at least three years is not going to cause any trouble.

30, June, 2017 by
Important things to change in Indian Railway after GST implementation

Important things to change in Indian Railway after GST implementation

Post GST implementation on 1st July, the Railways is also going to change their rules. This is going to give a lot of benefit to travelers. The way the railway is going to change the rules, it seems that it will make the passengers enjoy the journey more than before.

29, June, 2017 by

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