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Archive: 07 April 2022

Posts in 07 April 2022

Aadhaar Authentication For Residents – FAQs

April 7, 2022 4635 Views 0 comment Print

Q.1 What is Face Recognition? Ans. UIDAI does not use face recognition method to identify Aadhaar number holders. However, based on available information in public domain, it is understood that face recognition is a process by which demographic information or biometric information like facial image of an individual is scanned by applicable technology for 1:N […]

CCI penalises firms for bid rigging & cartelization in Indian Railways tenders

April 7, 2022 1479 Views 0 comment Print

In re Chief Materials Manager, North Western Railway Vs. Moulded Fibreglass Products and Others (Competition Commission of India) The Competition Commission of India (CCI) issued a final order against eleven (11) companies/ firms which were found to have contravened the provisions of Sections 3(3)(a), 3(3)(b), 3(3)(c) and 3(3)(d) read with Section 3(1) of the Competition […]

ICSI to Re-Open Online Window for Professional Programme Students to Change Elective/Optional Subject

April 7, 2022 2751 Views 0 comment Print

The online window will reopen for Four Days from 00:01 hours on 07.04.2022 to 23:59 hours on 10.04.2022 for Professional Programme Students to update their Optional/Elective subject of CS Professional Program June 2022 session of Examination

Use of Cryptocurrency for Drug Trafficking and Arms Smuggling

April 7, 2022 1170 Views 0 comment Print

Narcotics Control Bureau and Central Board of Indirect Taxes and Customs has unearthed the payment of approx. Rs. 2.2 crore through crypto-currency in 11 cases linked to drug trafficking.

Banks required to credit interest in Inoperative Savings Accounts

April 7, 2022 1140 Views 0 comment Print

Banks credit interest to savings accounts in terms of RBI’s Master Circular dated 01.07.2015, which states that interest on savings bank accounts has to be credited on regular basis, whether the account is operative or not.

No Discrepancies in payment of GST to States

April 7, 2022 1770 Views 0 comment Print

Final GST Compensation due to States is calculated on the basis of the revenue figures certified by the Accountant General of the concerned State. Many States including Jharkhand, Bihar and Maharashtra have not submitted the AG’s certified revenue figures since implementation of GST and therefore, Centre released only provisional admissible GST compensation to the States who have not submitted the AG’s certified revenue figures.

Gold Monetisation Scheme, 2015 – FAQs

April 7, 2022 5220 Views 0 comment Print

Query: Can a customer get back his jewellery if the purity determined by the CPTC is not acceptable to him/her and he/she does not want to invest in the GMS? Response: The jewellery will be melted by the CPTC to conduct the fire assay and the customer can get back gold only in post-melted form.

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