Cash withdrawal from ATMs - Enhancement of daily limits (Rs.2500 to Rs.4500) RBI/2016-17/204 DCM (Plg) No. 2142/10.27.00/2016-17 December 30, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks District central Cooperative … [Read more...] about Cash withdrawal from ATMs – Enhancement of daily limits (Rs.2500 to Rs.4500)
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Government notifies law on rights of persons with disabilities
Government notifies law on rights of persons with disabilities New Delhi: Government has notified the recently passed Rights of Persons with Disabilities Bill which provides for reservation in government jobs for persons with benchmark disabilities from 3 to 4 per cent, and in higher education institutes from 3 to 5 per cent, Union Minister Thaawarchand Gehlot said … [Read more...] about Government notifies law on rights of persons with disabilities
FinMin invites comments on Watal panel report on digital payment
FinMin invites comments on Watal panel report on digital payment New Delhi: Finance Ministry today invited comments from stakeholders on the Watal committee report on promoting digital payments, which has suggested a separate regulator to deal with issues concerning payment, among others. The report of the committee, which was set up last August under the chairmanship of … [Read more...] about FinMin invites comments on Watal panel report on digital payment
Demonetisation is short term pain for long term gain: PM Narendra Modi
Demonetisation is short term pain for long term gain: PM Narendra Modi Raigad (Maharashtra): Prime Minister Narendra Modi on Saturday articulated that demonetisation is only short term pain for long term gain, adding that the present regime would not shy away from taking difficult decisions that are in the interest of the country. "Demonetisation is only short term pain … [Read more...] about Demonetisation is short term pain for long term gain: PM Narendra Modi
Government to launch lucky draw schemes on Dec 25 to push e-payments
Government to launch lucky draw schemes on Dec 25 to push e-payments New Delhi: Government today said it will launch awards under the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana in 100 cities over 100 days on December 25. The first draw of the Lucky Grahak Yojana to provide a cashback of Rs 1,000 to 15,000 consumers every day for the next 100 days will be launched on … [Read more...] about Government to launch lucky draw schemes on Dec 25 to push e-payments
State Bank of India will grant special leave of two days to its employees
State Bank to grant two-day special leave to employees State Bank of India will grant special leave of two days to its employees as reward for having taken additional stress since November 8 when demonetisation was announced. Employees would be able to avail this leave any time until March 2018, said SBI Chairman Arundhati Bhattacharya in Mumbai on Wednesday. "Our … [Read more...] about State Bank of India will grant special leave of two days to its employees
Announcement of new Passport Rules
Announcement of new Passport Rules 1. In order to streamline, liberalize and ease the process of issue of passport, the Ministry of External Affairs has taken a number of steps in the realm of passport policy which is expected to benefit the citizens of India applying for a passport. The details of these steps are given below: PROOF OF DATE OF BIRTH 2. As per the … [Read more...] about Announcement of new Passport Rules
Government Clarification on Amendment to Payment of Wages Act
Government Clarification on Amendment to Payment of Wages Act It is seen from the media reports that there is a general impression that is being created that the Government is bringing an amendment to the Payment of Wages Act to make mandatory the payment of wages to the workers only through cheque or accounts transfers. This is not the correct position. It is clarified … [Read more...] about Government Clarification on Amendment to Payment of Wages Act
Government, RBI taking steps to lower digital transaction cost: FM
Government, RBI taking steps to lower digital transaction cost: FM Finance Minister Arun Jaitley today said the government and the Reserve Bank are taking measures to bring down the digital transaction cost with an aim to move towards a less-cash economy. Chairing the 5th Meeting of the Consultative Committee attached to his ministry, Jaitley said digital transactions are … [Read more...] about Government, RBI taking steps to lower digital transaction cost: FM
Incentivizing Digital Payments
Press Information Bureau Government of India NITI Aayog 10-December-2016 18:18 IST Incentivizing Digital Payments Government of India has initiated numerous steps to combat the scourge of Corruption and Black Money in the last two and a half years. Demonetization of 500 and 1000 Rs. notes is an important milestone in this endeavour. These large denomination currencies have … [Read more...] about Incentivizing Digital Payments
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