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The Budget 2012-13 will be announced on March 16, 2012 by the Finance Minister Pranab Mukherjee. There are a lot of expectations from Budget as the economy of the country is not yet stable and after effects of recession can still be felt. The European Union economic crisis is also having a negative effect on the Indian economy
LIC’s Jeevan Vriddhi is a single premium plan wherein the risk cover is a multiple of premium chosen by you. On maturity this plan offers a Guaranteed Maturity Sum Assured and Loyalty Addition, if any.
National Legal Mission to Reduce Average Pendency Time from 15 Years to 3 Years National Litigation Policy Document Released The Centre has formulated a National Litigation Policy to reduce the cases pending in various courts in India under the National Legal Mission to reduce average pendency time from 15 years to 3 years. This was […]
As per the provisions of rules 51 & 54A of Conduct of Elections Rules, 1961 read with sub-rules (1) & (2) of rule 27 of Conduct of Election Rules, 1961, covers containing postal ballot papers received by the Returning Officers upto the time fixed for commencement of counting shall be taken into account for counting. There is no prohibition in Law that the votes on postal ballots cannot be recorded or received after the date and time fixed for taking poll at polling stations.
If you are holding a LIC policy, you might want to check the status of the same and may also be looking to know other information on the same i.e. Installment premium under policy, If policy is lapsed Revival amount payable, Amount of Bonus vested, Amount available as Loan, Details of Nomination etc.. The good news is that now, you can check all the information on your mobile phone by SMS. This is free service but your mobile operator may charge per short code sms as per your tariff plan. SMS inquiry will give the required information in seconds on your mobile phone.
We can now have the ownership details of a vehicle using the Vehicle registration number instantly through SMS.
Send a SMS to 092123 57123 typing vahan
The Union Finance Minister Shri Pranab Mukherjee said that Aadhaar-Enabled E-payment system would help not only in ensuring the timely payments directly to the intended beneficiaries but would also help in reducing the time taken, transaction costs and the leakages among others. The Finance Minister said that this would also help in bringing transparency in the system and reducing avoidable delays
Gross fixed capital formation (GFCF) as a proportion of GDP had reached a peak of 32.9 per cent in 2007/08, the year preceding the global crisis. It dropped to 32.3 per cent in 2008/09 and then to 31.6 per cent in 2009/10. Initial estimates are that in 2010/11 this ratio slipped further to 30.4 per cent. The AE for 2011/12 suggest that there may have been further slippage to 29.3 per cent. That is a decline of almost 4 percentage points over the last four years.
Extending benefits to its employees, the Centre has decided to remove the minimum age bar of five years for claiming educational allowance and hostel subsidy for their children. The move, which will benefit lakhs of workers, comes after the government received a number of representations and decided to get the matter duly examined by the Ministry of Finance.
IDBI Bank has been providing account portability facility to its customers since February 2010. Accordingly, customers can transfer their account from one service outlet (branch) to another in any city without changing the bank account number.
