GST Cashback On Payment Done Via BHIM, RuPay To Be Tested

August 6, 2018

New Delhi: States will roll out on pilot basis incentives for digital transactions through RuPay card and BHIM app under the GST, Finance Minister Piyush Goyal said today. The GST Council, chaired by Goyal, in its meeting here today also decided to set up a Group of Ministers (GoM) under Minister of State of Finance Shiv Pratap Shukla to look into the issues of the MSME sector. Simultaneously, the law…

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ATM Charges Levied By Top Banks For Cash Transactions And Other Services

August 6, 2018

Top banks in the country today offer a limited number of ATM transactions free of cost every month. Major banks, from state-run SBI to private sector lenders ICICI Bank and HDFC Bank, have certain rules applicable to their customers for making transactions at ATMs. After the customer exhausts the permitted number of free transactions in a month, these ATM charges apply depending on the type – whether it belongs to…

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Are you a chicken lover? You might have to stop eating your favourite food for THIS reason – details inside

August 4, 2018

If you are a non-vegetarian then chicken must be one of your favourite food items. While we often enjoy chicken for breakfast, lunch and dinner you might have to stop doing so as the latest study has claimed the non-veg food item is not good for your health. In fact, it is one of those food products that are responsible for the sickness of people more than any other food…

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Five Key ATM/ Debit Card Services That State Bank Of India (SBI) Offers

August 4, 2018

State Bank of India or SBI, which has 59,541 ATMs as on March 31, 2018, offers many ATM services, including cash withdrawal. Customers can transact free of cost at the ATMs of State Bank of India group using any SBI ATM-cum-debit card, even at the ATMs of associate banks of SBI, stated sbi.co.in. State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of…

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Your salary may increase as Modi govt plans to cut down PF contributions

August 3, 2018

You might soon take an increased salary home as the Modi government has been reportedly planning to cut down the social security contribution of employees. According to a report in the Economic Times, a Labour Ministry committee is working on the contributory ceiling by the government towards universal social security for all workers, may recommend a contribution which is at least 2 per cent lower than the current ceiling of…

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ONGC posts 4% rise in Q1 net profit at Rs 6,143 crore, highest-ever since 2013; misses estimates

August 3, 2018

New Delhi: State-owned ONGC on Thursday reported its highest quarterly net profit in over four-and-a-half-years on sharp rise in prices for oil and gas it produced. Its net profit of Rs 6,143.88 crore in the first quarter of the 2018-19 fiscal was 58.1 percent higher than Rs 3,884.73 crore in the year-ago period, Oil and Natural Gas Corporation said. Its net profit for first quarter of the previous year was…

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5 Situations Where Your Train Ticket Refund Can Be Rejected

August 2, 2018

You may have booked a train ticket through IRCTC website or from the railway ticket counter but you later had a change of plan and decided to cancel the ticket. If you haven’t received the refund, here are 10 such situations that may be the reason for rejection of refund request by IRCTC. Note that these are applicable on e-tickets or i-tickets only. 1. Tatkal ticket Tatkal ticket provision allows…

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Checking Income Tax refund status online: All you need to know ..

August 2, 2018

NEW DELHI: Once the process of filing Income Tax Return (ITR) is completed, taxpayers must keep a track of the refund process. If the tax department finds any discrepancies in the ITR filing, it will reject the ITR and in these cases return filing needs to be done again. If the return filed by an individual stands correct, only then the I-T department will initiate the refund process. An intimation…

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Deepika Padukone, Ranveer Singh spotted hand-in-hand on secret vacation.

August 2, 2018

Looks like Deepika Padukone and Ranveer Singh are finally letting the world know that something major is on the cards. The Bollywood power couple were spotted together, enjoying a holiday, perhaps somewhere abroad. Late on Wednesday, an image of Deepika and Ranveer was shared online. In it, we see Deepika, wearing a white T-shirt and perhaps black coloured jeans walking ahead of Ranveer, also in a white T-shirt. In fact,…

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Minimum pension hike under EPS: Government to take call in October after panel submits report

August 2, 2018

New Delhi: The Labour Ministry will take a call on the demand for increasing the minimum monthly pension of Rs 1000 under the Employees’ Pension Scheme 1995 after receiving report of the high-powered committee in October and settlement of writs related to it in the apex court. Central trade unions have been demanding an enhancement of the minimum monthly pension under the scheme to Rs 3000 and also to index it…

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UIDAI asks people to refrain from posting Aadhaar numbers on social media

August 2, 2018

New Delhi: Days after Telecom Regulatory Authority of India (Trai) chief Ram Sewak Sharma’s Aadhaar challenge triggered a storm on social media, the Unique Identification Authority of India (UIDAI) has advised people to refrain from publicly putting their 12-digit Aadhaar numbers on internet and social media and posing challenges to others. “Such activities are uncalled for and should be refrained as these are not in accordance with the law,” UIDAI said…

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Watch out, salaried! Interest on PF after you quit working is taxable, rules Income-Tax Tribunal

August 2, 2018

In India, Provident Fund (PF) account is considered to be the backbone of lifetime savings by most employees. In the absence of a dependable pension system in the country, the PF serves as a contingency reserve for many people in the working class. Due to ongoing monthly mandatory contributions (12% of salary each by employee and employer), which goes into the PF kitty during the working life, it often leaves…

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