Personal Finance Archives - Page 3 of 6

Bank A/c Holders are Required to Submit PAN or Form No. 60 to Bank by 28-02-2017

January 9, 2017 NewsTaxIndia0 comments806 views

Bank A/c Holders are Required to Submit PAN or Form No. 60 to Bank by 28-02-2017: CBDT PRESS RELEASE dated 8th January, 2017 Quoting of PAN in all the existing bank accounts and other measures: Income-tax Rules have been amended to provide that bank shall … Continue Reading →

Personal Finance

BHIM: Bharat Interface for Money Mobile App developed to facilitate e-payments Directly Through Banks

January 5, 2017 NewsTaxIndia0 comments1212 views

BHIM (Bharat Interface for Money) is a Mobile App developed by National Payments Corporation of India (NPCI), based on Unified Payment Interface (UPI), launched by Prime Minister of India Narendra Modi to facilitate e-payments directly through bank. It was launched as part of the 2016 … Continue Reading →

Personal Finance

Old 500 & 1000 Bank Notes can be exchanged at RBI Branch : Mumbai, New Delhi, Chennai, Kolkata, and Nagpur

January 2, 2017 NewsTaxIndia3 comments2060 views

Old 500 & 1000 Bank Notes can be exchanged at RBI Branch : Mumbai, New Delhi, Chennai, Kolkata, and Nagpur by residents from January 2, 2017 to March 31, 2017 and by NRIs from January 2, 2017 to June 30, 2017 Facility for exchange of … Continue Reading →

Personal Finance

New ESI Coverage on Wages Ceiling is Rs.21,000 and other Major Action taken by Ministry of Labour and Employment

December 28, 2016 NewsTaxIndia0 comments1497 views

ESI Coverage on Wage Ceiling is to Rs.21,000 and other Major Action taken by Ministry of Labour and Employment The Government of India is following the approach of ‘Reform to Transform’ through far-reaching structural reforms. Employment Generation is the first priority for the Government. After … Continue Reading →

Personal Finance

Old Bank Notes can be used for Payment of Tax under Pradhan Mantri Garib Kalyan Yojana upto 30-12-16

December 23, 2016 NewsTaxIndia0 comments806 views

Old Bank Notes can be used for Payment of Tax under Pradhan Mantri Garib Kalyan Yojana upto 30-12-16; Payments towards Tax, Penalty, Surcharge and Deposit under PMGKY 2016 in Old Demonetised Currency allowed till 30th December, 2016. The Central Government has decided that up to 30.12.2016, … Continue Reading →

Personal Finance

Old Bank Notes can be used for Payment of Tax under Pradhan Mantri Garib Kalyan Yojana upto 30-12-16

December 23, 2016 NewsTaxIndia0 comments796 views

Personal Finance

Government Clarification on Amendment to Payment of Wages Act 1936

December 23, 2016 NewsTaxIndia0 comments877 views

Government Clarification on Amendment to Payment of Wages Act: It is seen from the media reports that there is a general impression that is being created that the Government is bringing an amendment to the Payment of Wages Act to make mandatory the payment of … Continue Reading →

Personal Finance

Old Notes exceeding Rs.5000 can be deposited only once upto 30-12-2016

December 20, 2016 NewsTaxIndia0 comments818 views

Old Notes exceeding Rs.5000 can be deposited only once upto 30-12-2016: The deposits of old notes of Rs.500 and Rs.1000 denominations have been reviewed by the Government from time to time. Already more than five weeks have elapsed since the time of the announcement of … Continue Reading →

Personal Finance

Old Notes exceeding Rs.5000 can be deposited only once upto 30-12-2016

December 20, 2016 NewsTaxIndia0 comments689 views

Personal Finance

e-Payment Mandatory for Government Departments if Single Payment Exceeds Rs.5000

December 6, 2016 NewsTaxIndia0 comments683 views

Any Payment above Rs.5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Government payments. In order to attain the goal of complete digitization of Government payments, the Ministry of Finance, … Continue Reading →