PM salutes people for their wholehearted participation in the ongoing Yagna against corruption, terrorism and black money Urges people to embrace cashless payments and latest technology in economic transactions The Prime Minister, Shri Narendra Modi has saluted the people of India for wholeheartedly participating in the ongoing Yagna against corruption, terrorism and black money. In […]
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No Service Tax charged while making payments through credit card and debit card up to Rs. 2,000
Government waives service tax charged while making payments through credit card, debit card, charge card or any other payment card; waiver limited to payments in a single transaction When a customer uses a credit card, debit card, charge card or any other payment card for payment of his purchase of goods or services, the merchant/service […]
Benefits of Debit Card Activation – FAQ
Benefits of Debit Card Activation – FAQ QUESTION 1. Why it is important to have active debit cards? ANSWER: Debit Card makes your payments much more convenient and secure through an electronic payment facility directly from your bank account. Debit card can be used for purchases online or at shops by directly debiting your Bank […]
Notification of Minimum Wages
Notification of Minimum Wages The Government has issued draft notification on 01.09.2016 to revise the Basic minimum wages for Agriculture, Construction, Non-Coal Mines, Stone-Mines, Sweeping and Cleaning, Watch & Ward and Loading/ Unloading workers, after consultation with the Minimum Wages Advisory Board. The proposed amendments to the Minimum Wages Act, 1948, inter-alia, includes applicability of […]
Withdrawal of cash from bank deposit accounts – Relaxation
Withdrawal of cash from bank deposit accounts – Relaxation RBI/2016-17/163 DCM.No.1437/10.27.00/2016-17 November 28, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks Dear Sir, Withdrawal of cash from bank deposit accounts – Relaxation […]