The finance department had on August 12 directed various departments to cut all business ties with two banks over a Rs 22 crore embezzlement case
Tapping into your retirement may not be ideal but sometimes becomes inevitable. Here are simple steps you need to keep in mind when you plan to withdraw from NPS. Can you withdraw the full amount? Is the amount taxable? Watch this video to find out
Addressing a press conference here, the former Union finance minister said the key economic indicators are pointing downward and there is low confidence that the economy will reach the high growth path.
According to the weather office, India had received 7 per cent excess rains, but eight states, including the rice bowl states of Uttar Pradesh and Bihar, received deficient rainfall which could lead to lower farm output this kharif season.
"Crisil Ratings is yet to receive adequate information from SpiceJet Limited (SpiceJet) to enable it to undertake a rating review. Crisil Ratings is taking all possible efforts to get the rated entity to cooperate with its rating process to enable it to carry out the rating review," the rating agency said.
Depositors can withdraw more money for needs such as marriage, medical emergencies and education expenses
Total service in the present establishment as well as previous establishments is counted for deducting tax at source and therefore, it is advisable to merge all PF accounts, EPFO has pointed out.
This has been hiked from Rs 4,500 allowed daily per card, said RBI
Foreign investors have pulled out over Rs 3,800 crore from the country's equity markets so far this month over concerns regarding "lower prospects" of economic growth as compared to other emerging markets.
The aim of the government is to move towards an economy that uses ‘less cash‘ and not necessarily ‘cashless‘, says Minister of State for Finance, Satosh Kumar Gangwar.
Banks at many places are not in a position to disburse even the current limit of Rs 24,000 per week due to cash crunch and are rationing the valid currency depending on cash availability.
The Supreme Court today asked the Centre to "fulfil their commitment" of permitting withdrawal of Rs 24,000 per week to the extent possible and review the decision periodically.
It is the wedding season but stringent conditions imposed by the government on cash withdrawals and demonetisation has made it difficult for the families to meet all expectations. Is the wedding market, which is largely cash driven moving to cheques and digital payments?
Quoting PAN is mandatory for cash deposit of over Rs 50,000 in a single day in scheduled or a cooperative bank.
With public anger rising across the country over limited cash availability, the government tonight eased key restrictions including raising daily withdrawal limit from bank counters and ATM as well as hiking the amount of old and now defunct currency notes that can be exchanged.
The new high-security Rs 500 notes were released to banks for distribution today and the lenders have been asked to make separate arrangements for the elderly.
The CPI(M) today proposed to bring an adjournment motion in Parliament with regard to demonetisation of Rs 500 and Rs 1,000 notes and introduction of the new Rs 2,000 note by the Union government.
Congress and TMC leaders are meeting here this evening to chalk out a united fight during the Winter Session of Parliament commencing on November 16 against the demonetisation of RS 500 and Rs 1000 notes by the Modi government.
Here is an FAQ to help you understand the Reserve Bank of India's decision to withdraw all pre-2005 currency notes currently in circulation from April 1 this year.
The Obama administration does not rule out a complete withdrawal of US troops from Afghanistan after 2014, the White House said, just days before President Barack Obama is due to meet Afghan President Hamid Karzai.
Bundesbank chief Axel Weber will meet German Chancellor Angela Merkel on Friday to discuss his future after the leaked disclosure of his withdrawal from the ECB presidency race hit markets and put her under fire.