How to pay LIC premium online

October 30, 2018

If paying your LIC premiums by directly visiting the branch has become a problem for you, you can take the online route now. The Life Insurance Corporation of India (LIC) has made a few online options available to its policyholders to pay premiums. You can do so by either visiting the LIC website or by downloading LIC India’s app. Here’s how you can make premium payments online via these different…

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Home, car loan EMIs to get costlier as RBI hikes repo rate by 25 basis points

October 30, 2018

The Reserve Bank of India’s Monetary Policy Committee (MPC), in its third bi-monthly statement, hiked the key repo rate by 25 basis points (bps) to 6.50 per cent. RBI’s second-consecutive increase in repo rate comes as a bad news for those who have taken loans from banks. This is likely to lead to an increase in the interest bank customers pay on loans, be it home loan, car loan or…

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SBI customers alert! You won’t be able to withdraw more than Rs 20,000 from ATMs after October 31

October 29, 2018

India’s largest bank, State of Bank of India (SBI) has decided to reduce the daily cash withdrawal limit for Classic and Maestro debit cards from Rs 40,000 to Rs 20,000 per day. The bank has taken this decision ‘in view of the increased number of complaints around fraudulent transactions at ATMs and to encourage digital and cashless transactions’. In a statement, SBI said that the new withdrawal limit will be…

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Your electricity bill may rise if you live in these states; Adani, Tata Power get SC relief

October 29, 2018

With the Supreme Court giving the go-ahead to discoms and stressed power companies — Adani group and Tata Power — to appeal for amendment in power purchasing agreement (PPA) of Mundra projects, it is likely for the consumers to bear the brunt of higher power tariffs, should the Central Electricity Regulatory Commission (CPEC) agree to recommendations made by a high-powered panel. The top court on Monday allowed the discoms and stressed power companies…

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Diwali bonanza for passengers! Indian Railways to partially scrap flexi-fare scheme; discounts likely

October 29, 2018

Diwali bonanza for Indian Railways passengers! Railway Minister Piyush Goyal is all set to give a Diwali gift to passengers by deciding to partially scrap the flexi-fare scheme. A source in the know-how of the matter told Financial Express Online that Goyal is likely to take the decision today itself, ahead of the Diwali and Chhath puja rush that Indian Railways sees. The revised flexi-fare scheme is expected to have…

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You Can Now Check The Status Of Your Filed Returns On GSTN Portal

October 27, 2018

GST Network portal can now be used by taxpayers to view the status of returns filed by them. The status of all returns like GSTR-1 or GSTR-3B can be accessed at one place by logging in to the portal. You Can Now Check The Status Of Your Filed Returns On GSTN Portal GSTR-1 is a monthly return that summarizes all sales of a taxpayer while GSTR-3B is a monthly self-declaration…

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Porn ban: Centre directs internet providers to block over 800 adult sites in India

October 27, 2018

The Indian government has once again passed a ban on pornographic websites. This time, a list of 827 sites have been sent to ISPs based on a ruling passed by the Uttarakhand High Court. The order passed by the High Court originally included 857 sites, reports News18, but after review by the Ministry of Electronics and IT (MEITY), 30 websites from the list reportedly did not have any pornographic content…

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EPF Subscriber Can Now Withdraw 75% PF Amount After 1 Month Of Leaving Job

October 25, 2018

In case you quit job, the PF member is now allowed to withdraw 75% of the PF corpus to meet the monthly financial commitments after one month. The decision to this effect was taken at the 22nd CBT meet of EPFO on Tuesday. EPF Subscriber Can Now Withdraw 75% PF Amount After 1 Month Of Leaving Job And the earlier provision to withdraw the full amount remains true, in case…

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Soon, you can use one e-wallet account for all digital payments; here’s how it will help

October 25, 2018

New Delhi: Customers will soon be able to transfer money from one e-wallet to another e-wallet as the Reserve Bank of India (RBI) has issued fresh guidelines on interoperability of prepaid payment instruments such as e-wallets recently. It will be a huge boost to customers who depend significantly on mobile e-wallets as they will now be able to transfer money from one e-wallet to another e-wallet. For instance, if you are…

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Re 1 flash sale! Xiaomi Mi A2 offered at unbelievable price – Here is how to get

October 25, 2018

Xiaomi’s Diwali with Mi sale today entered its last day and this is the last chance for the customers to grab a smartphone for an unbelievable price of just Re 1. As part of its Diwali sale, Xiaomi is hosting flash sales everyday, offering limited units of select smartphones and other products at just Re 1. On Thursday, the smartphone manufacturer will put its popular Mi A2 smartphone on sale….

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Supreme Court’s deadline stays, only BS-VI vehicles can be sold from April 2020

October 25, 2018

Emphasising on the urgent need to move to a cleaner fuel as early as possible, the Supreme Court on Wednesday directed that only Bharat Stage VI (BS-VI) vehicles shall be sold across the country from April 1, 2020. A bench comprising justices MB Lokur, S Abdul Nazeer and Deepak Gupta rejected the Centre and the automobile manufacturers’ request for a three-month and six-month extension of the deadline so that the…

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RIL takes Reliance Jio route for Jio Payments Bank launch

October 25, 2018

Reliance Industries Ltd (RIL) is testing its payments bank services among its employees, two executives aware of the matter said, similar to how it introduced Reliance Jio Infocomm Ltd nearly three years ago. Formed in April 2018 as a 70:30 joint venture between RIL and State Bank of India (SBI), Jio Payments Bank is one of eight entities licensed to operate payments banks in the country. Allowing employees to use…

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