Finance - Page 5

Clarification regarding relaxation of purchase of air tickets from authorized Travel Agents for LTC

Office Memorandum No. 43020/2/2016-Estt (A.IV) (19/02/2020)

Procedure for booking of air-tickets on LTC and to say that as per the extant instructions, whenever a Government servant claims LTC by air, he/she is required to book the air tickets directly from the airlines (Booking counters, website of airlines) or by utilizing the services of the authorized travel agents...

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Subvention Scheme: A Scam or A Boom!

These are some of the examples of subvention schemes offered by developers of real estate with tie-ups with banks and financial institutions. The discounts, freebies are extensively promoted by the builders to lure prospective homebuyers who obviously find these schemes irresistible....

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Posted Under: Finance |

Budget booster for Fast Developing India

The Government of India (GoI) is leaving no stone unturned to make India an attractive destination for Foreign Direct Investments (FDI), which will be a significant contributor to the country’s journey of becoming a US$ 5 Trillion economy by year 2025. Few months back, the GoI had taken the historic decision to reduce headline corporate...

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Posted Under: Finance |

#Changes in INCOTERMs ® 2020 : How to Use the Terms#

The Incoterm Rules or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) (@iccwbo) widely used in international commercial transactions. With the Intension to institutionalize best Practice of using Uniform Set of Rules in the International Transactions, In...

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Posted Under: Finance |

9 Reasons Why SMEs Must Seek Listing on Stock Exchanges

Benefits of Listing on stock Exchange to companies and investors. Stock exchanges permit businesses access to capital and the chance to boost their reflectivity and public image. Knowledgeable businesses can harness the control of stock exchanges to develop and heighten their companies....

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Posted Under: Finance |

An overview of Union Budget 2020

Introduction 1. We are now the 5th largest economy in the world. Agriculture, Irrigation and Rural Development 2. Scheme to enable farmers to set up solar power generation capacity on their fallow/barren lands and to sell it to the grid would be operationalized. 3. The government will provide Viability Gap Funding for setting up efficient...

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Posted Under: Finance |

Savings Account & Appendix-III – Amendments to procedural rules

S.B. Order No. 12/2020 (14/02/2020)

S.B. Order 12/2020 F.No.116-12/2016-SB Government of India Ministry of Communication Department of Posts (F.S. Division) Dak Bhawan, New Delhi-110001 Dated :- 14/02/2020 To, All Head of Circles, Addl. Director General, APS, New Delhi Subject:- Amendments to procedural rules relating to Savings Account and Appendix-III in POSB(CBS) Manual ...

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Senior Citizen’s Savings Schemes – Amendments to procedural rules

S.B. Order No. 11/2020 (14/02/2020)

Amendments to procedural rules relating to Senior Citizen's Savings Schemes in POSB(CBS) Manual in the light of recent changes circulated vide SB Order 13/2019 dated 18.12.2019....

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Amendments to procedural rules relating to Recurring Deposit (RD)

S.B. Order No. 10/2020 (14/02/2020)

Amendments to procedural rules relating to Recurring Deposit (RD) Schemes in POSB(CBS) Manual in the light of recent changes circulated vide SB Order 13/2019 dated 18.12.2019....

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Amendment to ‘Sukanya Samriddhi Account scheme’ procedural rules

S.B. Order No. 09/2020 (14/02/2020)

Amendments to procedural rules relating to Sukanya Samriddhi Account scheme in POSB(CBS) Manual in the light of recent changes circulated vide SB Order 13/2019 dated 18.12.2019....

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