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RBI keeps the repo rate unchanged at 6.25%

   07 April 2017 at 11:11

RBI/2016-2017/268FMOD.MAOG. No. 118/01.01.001/2016-17April 06, 2017All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary DealersMadam / Sir,Liquidity Adjustment Facility – Repo and Reverse Re

Posted in Others |   1944 Views


Govt completes all Budget related process before 1st April

   06 April 2017 at 12:42

Lok Sabha Speaker congratulates the Prime Minister, Union Finance Minister, Members of Union Cabinet, Members of Lok Sabha and Officers and Staff of Lok Sabha Secretariat, Ministry of Finance & Parliamentary Affairs for completing all the Budget

Posted in Others |   2148 Views


ICSI increases membership fees

   01 April 2017 at 18:26

Revision in the Annual Membership fee, Entrance Fee and Certificate of Practice fee for Associate and Fellow Members w.e.f. 1st April, 2017The Council of the Institute has decided revision in Annual Membership fee, Entrance fee and Certificate of Pra

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Govt announces revised rates of interest on Small Savings leaves PPF untouched

   01 April 2017 at 13:04

The Union Government has announced revised rates of interest on Small Savings Schemes for the First Quarter of 2017-18 to bring them somewhat closer to market rates Small Savings schemes will continue to be attractive as some of them enjoy income tax

Posted in Others |   3036 Views


Payment of Wages by cheque or crediting to bank accounts

   21 March 2017 at 10:59

The present wage limit for applicability of the provisions of the Payment of Wages Act, 1936 is Rs. 18,000/- per month. The Act has been amended by Payment of Wages (Amendment) Act, 2017 (effective from 28.12.2016) to enable the employers to pay wage

Posted in Others  1 comments |   8787 Views


Govt to conduct trials with plastic banknotes

   20 March 2017 at 10:07

Government to conduct field trial with plastic banknotes at five locations of the country; Approval for procurement of plastic substrate and printing of bank notes of Rs.10 denomination on plastic banknote substrates conveyed to RBI It has been deci

Posted in Others |   3447 Views


EPF members can withdraw upto 90 percent fund for purchase of house

   17 March 2017 at 11:05

Government to Amend EPF Scheme, 1952 to Enable EPF Members to Withdraw upto 90 Percent Fund for Purchase of House The Government has taken a decision for modification in the Employees’ Provident Funds (EPF) Scheme, 1952 to add a new paragraph 6

Posted in Others |   5361 Views


Cabinet approves increase in Dearness allowance by 2%

   16 March 2017 at 12:24

Cabinet approves additional 2% Dearness Allowance / Dearness Relief due from January, 2017 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved release of an additional instalment of Dearness Allowance (DA) to Central Gove

Posted in Others |   3087 Views


Macroeconomic Impact of Demonetisation

   14 March 2017 at 10:32

Macroeconomic Impact of Demonetisation- A Preliminary Assessment

Posted in Others  2 comments |   4701 Views


No one to be deprived of benefits for lack of Aadhaar says Govt

   08 March 2017 at 11:19

Government says that benefits to continue with alternate means of identificationGovernment has said that no one will be deprived of the benefits for lack of Aadhaar. In a statement issued today, the Government has reiterated that till Aadhaar number

Posted in Others  1 comments |   2151 Views