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Finance : This guide explains why senior travellers should review travel insurance coverage, organise medical records, and plan ahead before...
Finance : The article explains how local Indian phone numbers enhance credibility and accessibility for international businesses. It highlig...
Finance : The article explains how borrowing within your affordability and understanding total loan costs can make loan management easier. I...
Finance : The article examines how ATMs are facing cash shortages even though currency circulation is at an all-time high. It argues that ba...
Finance : mployers are increasingly migrating retirement savings from superannuation trusts to NPS due to lower costs, greater flexibility, ...
Finance : The Government has exempted interest and capital gains earned by FPIs on Government securities from income tax with effect from 1 ...
Finance : The Ministry of Finance has introduced a unified portal to help individuals search for unclaimed bank deposits, insurance claims, ...
Finance : The IFSCA clarified that retrocession and retention requirements apply to the entire gross reinsurance premium of IFSC Insurance O...
Finance : The authority observed that except life insurance, other insurance segments under IFSCA regulations align with the statutory defin...
Finance : The Ministry of Finance clarified that claims regarding monetisation of temple gold holdings or issuance of gold bonds to temples ...
Finance : The Supreme Court ruled that vicarious liability under the NI Act cannot arise solely from holding an office in a society or compa...
Finance : The Supreme Court refused relief to borrowers who defaulted from the very first instalment after availing an ₹8.09 crore loan. T...
Finance : The Supreme Court upheld a Will executed in favour of the testator’s sister despite objections from his wife and children. The C...
Finance : The Supreme Court held that insolvency proceedings under the IBC cannot be invoked merely to recover disputed dues arising from co...
Finance : The issue was whether indemnity obligations arise only after final appellate confirmation. The Supreme Court held that liability a...
Finance : IFSCA clarified that a common brand name by itself is sufficient to establish a Group Entity relationship under the ship leasing f...
Finance : IFSCA has consolidated multiple regulations and circulars into a single Master Circular for Stock Exchanges and Clearing Corporati...
Finance : IFSCA has introduced a standardized ACAR and ACAC reporting framework for Capital Market Intermediaries in IFSCs. The circular aim...
Finance : IFSCA has warned regulated entities that advanced AI models can accelerate cyberattacks by rapidly identifying and exploiting vuln...
Finance : The International Financial Services Centres Authority clarified that existing ASPs and TechFin entities continuing operations und...
Government to consider issuing Aadhaar Card for NRIs with Indian Passports Government to open four new Embassies in 2019-20 17 iconic Tourism Sites being developed into world class tourist destinations Indian Development Assistance Scheme (IDEAS) to be revamped The Union Finance Minister proposed to consider issuing Aadhaar Card for Non-Resident Indians with Indian Passports. She […]
Rs. 400 Cr allocated for creating world class educational institutions New education policy for reforms in school and higher education National research foundation (NRF) announced to step up research in thrust areas National sports education board for development of sports persons to be set up under Khelo India An amount of Rs. 400 crore has been […]
Rs 1,19,025 crore allocated for MHA in Union Budget 2019-20 A sum of Rs 1,19,025 crore has been allocated to the Ministry of Home Affairs (MHA) in the Union Budget 2019-20 presented by the Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman in the Parliament today. The budget allocation represents an increase of […]
Estimated savings/benefits of Rs. 59,599 crore upto March, 2019 under ‘PAHAL’ scheme There have been estimated savings/benefits of Rs. 59,599 crore for the Government upto March, 2019 under the ‘PAHAL’ scheme of the Ministry of Petroleum and Natural Gas. The statement of fiscal policy, as required under the Fiscal Responsibility and Budget Management Act, 2003, […]
Stand-Up India Scheme extended till 2025 Government proposes streamlining multiple labour laws into a set of four Labour Codes New-age skills like AI, Big Data, VR, Robotics and Internet of Things to be promoted The Stand Up India Scheme has been extended upto the year 2025. This was stated by the Union Minister of Finance and Corporate […]
Government to encourage and facilitate role of women in India’s growth story Women Self Help Group interest subvention programme to be extended to all districts Every verified women SHG member with a Jan Dhan Bank Account to get an overdraft of Rs.5,000 One woman in every SHG will be eligible for a loan up to […]
Union Budget Proposes Strengthening MSMEs to Boost Make in India Rs. 350 Crore Allocated Under Interest Subvention Scheme Pension Benefit to 3 Crore Retail Traders, Small Shopkeepers with Annual Turnover Less Than Rs.1.5 Crore Under Pradhan Mantri Karam Yogi Maandhan Scheme 100 New Clusters to be set up Under Sfurti this Year, Benefitting 50,000 Artisans […]
All necessary steps to be taken to meet public shareholding norms of 25% for all listed PSUs Government to start raising a part of its Gross Borrowing Programme in External Markets New coins of One, Two, Five, Ten & Twenty Rupees easily identifiable to visually impaired to be made available for public use shortly For […]
Union Budget proposes PPP to unleash faster development and completion of tracks, rolling stock manufacturing and delivery of passenger freight services Special Purpose Vehicle (SPV) proposed to invest in Suburban Railways Government will complete the dedicated freight corridor project by 2022: Union Budget Massive programme of Railway station modernization to be launched this year Metro-railway […]
Two mega initiatives of Ujjwala Yojana and Saubhagya Yojana- have transformed the lives of women in every rural family and dramatically improved their ease of living. This was stated by the Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Union Budget 2019-20 in Parliament today. Household access to clean cooking […]