State Bank of India or SBI has in recent months revised its charges on various services like ATM withdrawal , cash transactions, issuance of cheque books, exchange of soiled notes and online transfer of funds through Immediate Payment Service (IMPS). SBI has clarified that customers of its mobile wallet State Bank Buddy will be charged 3 per cent plus GST of 18 per cent on transfer from Buddy to bank account using IMPS.
SBI said the rates have been revised for medium and long term deposits and for amount below Rs 1 crore. Country’s largest lender State Bank of India has cut its term deposit rates by up to 50 basis points for various maturities. The rates have been revised for medium and long term deposits and for amount below Rs 1 crore. According to the new structure, for two to less than three years deposits, SBI will offer a rate of 6.
The Government is planning to ask telecom companies to link customers’ SIM Cards with their Aadhar number, according to a report by a news channel. The Department of Telecom has already issued notices to telecom companies asking them to ensure that the SIM card of the mobile subscribers is linked to his/her Aadhaar card,” the report said. The DoT has also asked the telcos to complete the process within a year,” the report added.
United Forum of Banking Unions (UFBU), the umbrella body of trade unions in the banking sector, has called a nation-wide strike on August 22 to protest against the reforms proposed by the Centre. West Bengal convenor of UFBU, Siddhartha Khan said that the government is ushering in privatisation and consolidation in the Indian banking sector in the garb of reforms. He said that the Bank Board Bureau had been formed to bring all the public sector banks (PSBs) under a banking investment company and get the government’s share in PSBs below 50 per cent.
Are you sure that the contact information registered with Unique Identification Authority of India (UIDAI) for your Aadhaar Card is correct? If not, we would advise you to head to the UIDAI website and check it out for yourself. Aadhaar card is increasingly becoming the most important proof of identification and considering that the government has made it mandatory to link your Aadhaar cards with PAN card for filing income tax returns, its importance has grown further.
The launch of this facility will not only ease the process for subscribers but also speed up the processing time. The Employees’ Provident Fund Organisation or EPFO is expected to soon launch an online facility for withdrawal of provident fund (PF) money and pension fixation. The launch of this facility will not only ease the process for subscribers but also speed up the processing time. “The process of connecting all field offices with a central server is going on.
Drug pricing regulator NPPA (National Pharmaceutical Pricing Authority) on Wednesday announced a price cap on knee replacements. NPPA, which had earlier put limits on the prices of coronary stents, slashed the prices of total knee replacement systems and their individual components by as much as 69 per cent, an official notification issued by NPPA said. According to the price ceiling notice, the price of total knee implants made of cobalt chromium has now been capped at Rs 54,720, down 65 per cent from its average maximum retail price of Rs 1.
In a major decision, the defence ministry approved procurement of six Apache helicopters along with weapons systems from American giant Boeing at a cost of Rs 4,168 crore for the Army which will be its first fleet of attack choppers. It will be a follow on order to the deal India had signed with Boeing and the US government for 22 Apache helicopters and 15 Chinook heavy-lift choppers in September 2015.
Jio Phone bookings have opened in certain offline retail stores in the Delhi-NCR area, ahead of the scheduled August 24 date that was announced at the Reliance AGM on July 21. If you have such an offline retailer taking Jio Phone bookings right now, you can be ahead of the millions who are expected to buy the handset when bookings officially open. Gadgets 360 spoke to one such retailer to find out the details of the pre-order process, the documents needed, how many units a person can order, delivery date, and when the Rs.
PAN or Permanent Account Number is issued by the Income Tax department with details including date of birth, name and PAN number of the individual. A PAN number allotted to a person is a 10-digit alphanumeric number used in to link all of his or her financial transactions with the unique ID such as tax payments, income tax return and wealth tax return. PAN, thus, acts as a financial identifier for the person with the tax department.