Demonetization - Page 10

Can India’s Insurance Market Deal with Demonetisation?

Article Explains the impact of demonetisation on India's life insurance market can be valued by its short-term and long-term implications. According to the Economic Survey, India's insurance penetration in 2015 (2.7%) continued to be lower than the global average of 3.5%. As if the challenges were not enough, the financial sector now face...

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India Post Payments Bank will be a game changer for financial inclusion-Manoj Sinha

IPPB is widely expected to be a game changer for financial inclusion in the country as the USP of this initiative is doorstep banking, particularly in the rural areas....

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Digitalization: More than a Technology Play

Numerous companies are adopting digital methods to stay in the business and continue to be leaders in their industry. In the past, firms used to deploy traditional means while conducting their daily operations. ...

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5 Benefits of Digitalization of Home Loans

These days, most banks and Non-Banking Financial Companies (NBFCs) have an online presence through their websites. Some have upgraded their web and mobile technologies so as to provide a high degree of convenience to their customers....

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Note ban has negative impact on SMEs; large firms can benefit in long run

Demonetisation of high value currency notes would leave quite a negative impact on small and medium enterprises, rural consumption and job creation in the immediate run while the large and well organised sectors of the corporate India stand to benefit in the long term horizon, the latest ASSOCHAM Bizcon Survey pointed out....

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Parade of people depositing cash above Rs. 10 Lakhs

Just 3 days to Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II CA Umesh Sharma Arjuna (Fictional Character): Krishna, 26th January i.e. our Republic Day is coming closer. On this day, the unity and the strength of our country is represented through parade by our army, navy and by air […]...

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Note scrapping cannot stop future generation of black money

Demonetisation may wipe out the stock of black money held in cash but can do little about the ill-gotten wealth converted to assets like gold and real estate and the scrapping of high value notes does not prevent the future generation of unaccounted money, said an ASSOCHAM study on Currency Demonetisation....

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Digital payment promotion and cashless economy gets a boost

Digital payment promotion gets a boost-More than 3.81 lakh consumers and 21,000 merchants win prizes worth Rs.60.90 crore at Digi-Dhan Melas...

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Co-operative Banks barred from accepting deposits under PMGK Deposit Scheme

S.O. 204(E) (19/01/2017)

It is clarified that Co-operative Banks are not authorised banks to accept deposits under PMGKDS, 2016. Application for the deposit in the form of Bonds Ledger Account shall be received by any banking company, other than Co-operative Banks, to which the Banking Regulation Act, 1949 (10 of 1949) applies....

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12 FAQs on Tax & Investment- Pradhan Mantri Garib Kalyan Yojana 2016

Circular No. 2/2017-Income Tax (18/01/2017)

Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (hereinafter ‘the Scheme’) provides an opportunity to persons having undisclosed income in the form of cash or deposit in an account maintained with a specified entity ...

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