Daily Archives: December 28, 2016

Govt proposed jail to people holding old notes

By | December 28, 2016

 Holding demonetized notes of Rs 5,00 and 1,000 ? Govt of India to bring Ordinance The Union Cabinet has approved an ordinance to impose penalty and a jail term for people holding demonetized notes of Rs 5,00 and 1,000. Only specified category of people will be allowed to keep demonetized notes. However, anyone can possess… Read More »

Helpline No. 14444 for addressing all queries on digital payments

By | December 28, 2016

Dial ‘ 14444 ‘ for all queries on digital payments Nasscom, telecom operators, and NITI Aayog have come together in creating a dedicated helpline – 14444 – for addressing all queries on digitial payments, as government takes strides to push for more digital transactions post demonetisation. After the fourth meeting of the Committee of Chief… Read More »

GST Book by BIMAL JAIN – GUIDE to Revised Model GST Law

By | December 28, 2016

GUIDE to Revised Model GST Law   This GST Book by BIMAL JAIN – GUIDE to Revised Model GST Law  includes Discussion/analysis on Revised Model GST Law along with its comparison with First Model GST Law Link to Buy GUIDE to Revised Model GST Law, Paperback: 670 pages Language: English KEY FEATURES OF THE BOOK :- GUIDE to… Read More »

SBI Quick Debit Card Switch On/Off Service -Secure Your SBI Debit Card

By | December 28, 2016

SBI Quick Debit Card Switch On/Off Service has taken security to a whole new level (English) As a new security feature, SBI Quick Debit Card Switch On/Off feature allows you to turn the services for your debit card on or off from your mobile itself. SBI Quick Debit Card Switch On/Off Service has taken security… Read More »

Key Facts about your Paytm Account

By | December 28, 2016

Paytm Account Customer Helpline: 9643-979797, Merchant Helpline: 72109–72109 Over 17 crore Indians use Paytm in their daily lives. That’s a lot of people and a lot of usage. There are a few common queries that we get from our users, and we have tried to answer them in one consolidated post. Here we go… Does… Read More »

All About GST (Dec 2016- 5th edition) by V S Datey – Book

By | December 28, 2016

All About GST (Dec 2016 edition) by V S Datey A Complete Guide to New Model GST Law Link to Buy  All About GST (Dec 2016 edition) by V S Datey Author : V.S. Datey Edition : 5th Edition 2017 Date of Publication : Dec.2016 Binding : Paperback No. Of Pages : 536 Contents of Book  All About… Read More »

Fresh guidelines issued on Prevention of Sexual Harassment of Women

By | December 28, 2016

Fresh guidelines on Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 issued by DoPT WCD Ministry will hold consultations on a regular basis on issues pertaining to the Act: Smt Maneka Sanjay Gandhi The Minister for Women and Child Development, Smt. Maneka Sanjay Gandhi, had held a review meeting on implementation… Read More »

Public comments Invited on Report of Financial Redressal Agency

By | December 28, 2016

Government invites comments of stakeholders and public on the Report of the Financial Redressal Agency by 31st January 2017. In his Budget Speech of  2015-16, the Union Minister of Finance and Corporate Affairs Shri Arun Jaitley hadannounced the creation a sector-neutral Financial Redressal Agency (FRA) to address the grievances of retailconsumers against all Financial Service… Read More »

Govt Contractors have to provide digital payment option to Consumers – Committee Report

By | December 28, 2016

Today, most merchants do not accept digital payments. The Committee recommends that the Government should seize the initiative and require all government agencies and merchants where contracts are awarded by the government to provide at-least one suitable digital payment option to its consumers and vendors (Discussed in Section: Government Payments and Receipts). Read Complete Report Report… Read More »

Disincentives for usage of cash – Committee on Digital Payment Recommendation

By | December 28, 2016

Disincentives for usage of cash – Committee on Digital Payment Recommendation Implement disincentives for usage of cash a) Permit merchants including government agencies to levy a cash handling charge for payments in cash above a certain threshold. The cash handling charge so collected should be exclusively used fund new infrastructure for acceptance of digital payments… Read More »

Digital Payment Committee recommended to create DIPAYAN Fund in Budget 2017

By | December 28, 2016

Digital Payment Committee Recommendation Create a fund from savings generated from cash-less transactions: In the upcoming Union Budget 2017-18, a new Digital Payments Incentive Fund should be created, resourced from the savings generated by the Central Government from the movement towards less cash. a) This may be called DIPAYAN or Digital Payments Action Network, also… Read More »

Report of Committee on Digital Payments (Constituted by Govt of India )

By | December 28, 2016

Committee on Digital Payments December 2016 Constituted by MINISTRY OF FINANCE, GOVERNMENT OF INDIA Download Report of Committee on Digital Payments Report of the Committe on Digital Payments, chaired by Shri Ratan P. Watal, Principal Advisor, NITI Ayog and Former Finance Secretary (Dated :27th December, 2016) 1 .Acknowledgement The remit of the Committee was comprehensive and… Read More »

How to read your CIBIL Credit Information Report

By | December 28, 2016

How to read your CIBIL Credit Information Report Your CIBIL TransUnion Score & Credit Information report plays a critical role in the loan evaluation process. Learn more about us, how to interpret your credit information report and tips to improve Credit Score. Higher the Credit Score, higher are the chances for a loan approval! (… Read More »

Pay wages to workers electronically : Delhi Govt order to Employers / Contractors

By | December 28, 2016

In a bid to promote digital transactions, the Delhi government has directed all employers and contractors in the city to pay wages to their workers either electronically or through cheques. The Labour Department of the Delhi government has issued an advisory asking all contractors and employers to adopt such mode of payments to disburse wages… Read More »

Position limits of Stock Brokers / FPIs / Mutual Funds for stock derivatives contracts

By | December 28, 2016

CIRCULAR SEBI/HO/MRD/DP/CIR/P/2016/143 December 27, 2016 To, All Stock Exchanges (except for Commodity Derivatives Exchanges). Dear Sir / Madam, Subject: Review of the position limits available to Stock Brokers / Foreign Portfolio Investors (FPIs) – Category I & II / Mutual Funds (MFs) for stock derivatives contracts The position limits for Trading Member / Foreign Institutional… Read More »

Potatoes permitted for export without any Minimum Export Price

By | December 28, 2016

(To be Published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii)) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Notification No. 32/2015-2020 New Delhi, Dated the 27 December, 2016 Subject: Export Policy of Potato — Removal of Minimum Export Price (MEP) on export of potatoes… Read More »