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
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
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’.
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)
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.
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:
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
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.
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.
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.
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)
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.
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
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
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
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.
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.
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.
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.