Tag: payment

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Posted in Economy

aadhaar: Aadhaar-based pay must for MGNREGS wages from July 1

The central government has decided to make the Aadhaar-Based Payment System (ABPS) compulsory for settling wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme…

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directorate general of gst intelligence: GST evasion detection nearly doubles to Rs 1.01 lakh cr in FY23
Posted in Economy

directorate general of gst intelligence: GST evasion detection nearly doubles to Rs 1.01 lakh cr in FY23

GST evasion detection by tax officers almost doubled year-on-year to over Rs 1.01 lakh crore in the just concluded 2022-23 fiscal, an official said. During…

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rbi pre approved credit: Now avail pre-approved credit on your UPI account, mandates RBI
Posted in Economy

rbi pre approved credit: Now avail pre-approved credit on your UPI account, mandates RBI

The Reserve Bank of India (RBI) has expanded the scope of the ubiquitous UPI by permitting pre-approved credit lines to be drawn through the facility….

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Samunnati fpo: Samunnati onboards first Farmer Producer Organisation (FPO) on TReDS, completes transaction worth Rs 3.5 cr
Posted in Economy

Samunnati fpo: Samunnati onboards first Farmer Producer Organisation (FPO) on TReDS, completes transaction worth Rs 3.5 cr

Open agri network Samunnati on Wednesday announced that it has onboarded its first Farmer Producer Organisation (FPO) on TReDS and completed a transaction of discounting…

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India Russia oil: Bank of Baroda stops clearing payment for above-cap Russian oil
Posted in Economy

India Russia oil: Bank of Baroda stops clearing payment for above-cap Russian oil

India‘s Bank of Baroda has stopped clearing payments for Russian oil sold above the price cap set by the West from this month, three sources…

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Pensions: FM Sitharaman proposes panel to look into issues related to govt employees' pension
Posted in Economy

Pensions: FM Sitharaman proposes panel to look into issues related to govt employees’ pension

Finance minister Nirmala Sitharaman on Friday proposed setting up of a committee to look into the issues related to pension for government employees and evolve…

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All ministries, departments to be on E-bill platform by March 2024
Posted in Economy

All ministries, departments to be on E-bill platform by March 2024

The government will bring all the central ministries and departments on the e-Bill platform before March 2024 to help ensure timely clearance of bills submitted…

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What is the 20/10/4 rule when taking a car loan
Posted in Finance

What is the 20/10/4 rule when taking a car loan

1.This is a thumb rule used while buying a car on a loan.2.20% of the onroad price of the car should be paid as down…

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HPCL news: HPCL switching from dollar to dirham & rouble to pay for Russian oil to avoid price cap issues
Posted in Economy

HPCL news: HPCL switching from dollar to dirham & rouble to pay for Russian oil to avoid price cap issues

New Delhi: Hindustan Petroleum Corp (HPCL) is increasingly switching from dollar to dirham and rouble to pay for Russian oil to avoid trouble arising from…

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Posted in Economy

Farmers move NCLT over Bajaj Sugar insolvency process

A farmers’ body comprising sugarcane growers from Uttar Pradesh has approached the National Company Law Tribunal (NCLT) demanding a voice in the ongoing litigation between…

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