Others News

RBI keeps repo rates unchanged

06 April 2018 at 11:22

Government of India welcomes the First bi-monthly Statement of FY 2018-19 of the Monetary Policy Committee (MPC).The Ministry of Finance, Government of India welcomes the First bi-monthly Statement of the Monetary Policy Committee (MPC) in the Financ

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KYC Requirement for Customers Using Mobile Wallets

29 March 2018 at 12:12

As per Reserve Bank of India (RBI)’s related Master Direction dated October 11, 2017 as updated on December 29, 2017, since Prepaid Payment Instruments (PPI) Issuers are operating a payment system, provisions of Prevention of Money Laundering A

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Rate on small savings schemes upto 31st March 2018

23 March 2018 at 11:22

The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra and Sukanya Samriddhi Accounts Scheme for the 4th Quarter of financial year 2017-18 is as below: Instrument

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Cabinet approves two percent Dearness Allowance to Central Government employees

08 March 2018 at 11:25

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensionersw.e.f. 01.01.2018 representing

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Cabinet approves the Arbitration and Conciliation (Amendment) Bill, 2018

08 March 2018 at 11:25

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Arbitration and Conciliation (Amendment) Bill, 2018 for introduction in the Parliament. It is a part of the efforts of the Government to encourage institutional arbitrati

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Govt constitutes steering committee on Fintech

06 March 2018 at 11:08

The Government constitutes a Steering Committee on Fintech related issues to consider various issues relating to development of Fintech space in India with a view to make Fintech related regulations more flexible and generate enhanced entrepreneurshi

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Cabinet approves Fugitive Economic Offenders Bill

03 March 2018 at 12:22

01-March-2018 18:55 ISTPress Information BureauGovernment of IndiaMinistry of FinanceCabinet approves Fugitive Economic Offenders Bill, 2018Offences worth Rs.100 crore or more under the Bill Property of Fugitive Economic Offenders to be attachedThe U

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Not prudent to draw conclusion against profession in PNB scam : ICAI

26 February 2018 at 12:26

As per framework of governance, standard setting and disciplinary mechanism prescribed in the Chartered Accountants Act, 1949, a strong public interest oversight mechanism is inherent in ICAI structure since 8 Central Council Members on the Central C

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Steps initiated by ICAI on Punjab National Bank Matter

17 February 2018 at 17:42

The attention of Institute of Chartered Accountants of India (ICAI) has been drawn to various media reports highlighting the irregularity happened in Punjab National Bank (PNB) revealing that the Bank has detected a $1.77 billion (about Rs.11,400 cro

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Budget 2018 puts a premium on honest investment

14 February 2018 at 10:54

Union Minister of Railways Mr. Piyush Goyal today said that Budget 2018-19 proposals were aimed at removing the structural impediments to attain long term growth, a budget that rises above populism and puts a premium on honest investment towards buil

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