Community & General News
Banking Licence to Private Sector Banks
26 November 2010 at 18:10Banking Licence to Private Sector Banks The Union Finance Minister in his budget speech 2010-11 had mentioned that Reserve Bank of India (RBI) would be considering giving some additional licenses to private sector players. Accordingly, RBI studi
Amount Collected as Education CESS
26 November 2010 at 18:09Amount Collected as Education CESS The amount of Secondary and Higher Education Cess collected during the last three years from direct and indirect taxes are as under : Direct Taxes:
NRIs can now vote, Govt issues notification
25 November 2010 at 10:22NRIs can now vote, Govt issues notification A longstanding wish of millions of NRIs for voting right in India has come true with the Centre issuing a notification to this effect to enable them to exercise their franchise. Parliament had in th
Levy of Cash Handling Charges by Banks
23 November 2010 at 17:07Levy of Cash Handling Charges by Banks Normally banks do not charge from their customer for depositing money to their own account. However, some banks levy charges for cash payment against credit card bills. Charges are collected at the time of
Regulation of Interest Rates Charged by MFIs
23 November 2010 at 17:06Regulation of Interest Rates Charged by MFIs The Small Industrial Development Bank of India (SIDBI) has reported that SKS Microfinance Ltd. (SKS), the only Micro Finance Institution (MFI) in India to be listed on the Bombay Stock Exchange/Nation
Formation of Financial Stability Development Council
23 November 2010 at 17:03Formation of FSDC The Financial Stability Development Council (FSDC) is expected to come into force in the month of December, 2010. The Ministry of Finance has consulted all the financial sector regulators on the formation of the Council. The
Certificate Course on Valuation at Hyderabad: Limited Seats
23 November 2010 at 15:20Certificate Course on Valuation at Hyderabad: Limited Seats. Register soon Corporate Laws and Corporate Governance Committee The classes of the Certificate Course on Valuation at Hyderabad centre will start on 18t
Age-Limit for Senior Citizens Facilities
23 November 2010 at 10:38Age-Limit for Senior Citizens Facilities The Maintenance and Welfare of Parents and Senior Citizens Act, 2007 defines ‘Senior Citizen’ as a person who has attained the age of 60 years or above. The Act provides for claim for maintena
One Rank One Pension
23 November 2010 at 10:32One Rank One Pension The Parliamentary Standing committee on Defence has urged the government to reconsider the demand of "One Rank One Pension" for the ex-servicemen. The Parliamentary Standing Committee on Defence (15th LOK SABHA)
Savings Rate is Likely to Rise Further: FM
20 November 2010 at 10:59Savings Rate is Likely to Rise Further: FM Arrival of India’s Corporations in Global Market Place is Optimistic Prognosis for the Economy: FM Union Finance Minister Shri Pranab Mukherjee has expressed confidence that we are in a positio
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