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Yes Bank partners with Hike messenger to power payments platform Yes Bank partners with Hike messenger to power payments platform

This partnership will instantly provide UPI access to over 100 million Hike users.

Aadhaar-PAN linking must from July 1, govt notifies rules Aadhaar-PAN linking must from July 1, govt notifies rules

The government has made it mandatory to link existing Aadhaar numbers with PAN of taxpayers with effect from July 1.

Govt notifies amended I-T rules, makes mandatory linking of existing Aadhaar numbers with PAN Govt notifies amended I-T rules, makes mandatory linking of existing Aadhaar numbers with PAN

Government has notified amended income tax rules making mandatory linking of existing Aadhaar numbers with PAN.

7th Pay Commission: Cabinet to take up proposal on allowances today, will govt employees get HRA higher than Mathur panel? 7th Pay Commission: Cabinet to take up proposal on allowances today, will govt employees get HRA higher than Mathur panel?

If the Cabinet takes final call today then the central government employees will get revised allowances from July month salary.

7th Pay Commission: Cabinet to take up proposal on allowances tomorrow, will govt employees get HRA higher than Mathur panel? 7th Pay Commission: Cabinet to take up proposal on allowances tomorrow, will govt employees get HRA higher than Mathur panel?

The Union Cabinet may approve HRA (House Rent Allowance) rates between recommendations of AK Mathur panel and 6th CPC/existing, most likely at 27 percent in its meeting on June 28.

 

Buoyed by consistent growth, SIPs set to double in 2 years Buoyed by consistent growth, SIPs set to double in 2 years

As per Amfi data, the Rs 19.04 trillion AUM industry has seen a massive outflows in April and May this year at Rs 64,692 crore and Rs 40,711 crore, respectively, primarily due to corporates withdrawing their short-term parked cash.

 

EPFO may bring 500 small private PF Trusts into its fold EPFO may bring 500 small private PF Trusts into its fold

The Labour Ministry is in the process of amending Employees' Provident Fund Scheme 1952, so that large private PF trusts having accumulations can carry on the management of their employees' EPF money and accounts.

Banks have no liability for loss of valuables in lockers: RBI Banks have no liability for loss of valuables in lockers: RBI

Stung by the revelation, the lawyer who had sought information under the transparency law has now moved the Competition Commission of India (CCI) alleging "cartelisation" and "anti-competitive practices" by the banks in respect of the locker service.

Aadhaar not valid for travel to Nepal, Bhutan: Home Ministry Aadhaar not valid for travel to Nepal, Bhutan: Home Ministry

The advisory assumes significance as Aadhaar is mandatory for a host of things, including government subsidies on LPG and other social welfare schemes.

CBDT notifies new scrutiny notices with e-facility for taxpayers CBDT notifies new scrutiny notices with e-facility for taxpayers

The CBDT has notified revised income tax scrutiny notices that will allow taxpayers to conduct their business with the taxman over the Internet without needing to visit the I-T office, hence reducing physical interface between them.

ItzCash enables Bharat QR on its PoS terminals ItzCash enables Bharat QR on its PoS terminals

ItzCash has announced rolling-out `Bharat QR code` feature across its retail network. Now scan and pay money with ItzCash`s Point-of-Sale devices by simply flashing your cell phone.

Indian Passports to be in both English and Hindi; application fees reduced by 10% Indian Passports to be in both English and Hindi; application fees reduced by 10%

Indian passports would now be printed in both Hindi and English.

7th Pay Commission: Final decision on allowances on June 28; HRA rate likely to be capped at 27% 7th Pay Commission: Final decision on allowances on June 28; HRA rate likely to be capped at 27%

The Union Cabinet may fix HRA (House Rent Allowance) rates between recommendations of AK Mathur panel and 6th CPC/existing, most likely at 27 percent in its next meeting on June 28.

Provide adequate transaction details in passbooks: RBI to banks Provide adequate transaction details in passbooks: RBI to banks

The RBI on Thursday asked banks to provide "adequate details" of transactions in the passbooks and statements of accounts so that customers can cross-check them.

GST impact: Customers enjoy upto 60% discount as retailers get busy clearing stocks GST impact: Customers enjoy upto 60% discount as retailers get busy clearing stocks

With less than 10 days to go for the biggest indirect tax reform to take effect, retailers are rushing to clear their stocks by offering huge discounts ranging from around 30 percent to 60 percent.

GST effect: AC, first class train fares to go up GST effect: AC, first class train fares to go up

With the Goods and Services Tax (GST) coming into effect from July 1, train passengers will have to pay a bit more to travel AC and first class.

GST: Credit card bill, insurance premium to get costlier GST: Credit card bill, insurance premium to get costlier

Credit card providers, banks and insurers have started alerting their customers to pay higher tax post implementation of Goods and Services Tax (GST) from July 1.

Online banking security incidents come with $1.8 mn price tag for banks Online banking security incidents come with $1.8 mn price tag for banks

The crippling financial implications of online banking security incidents have been brought to light by the latest Kaspersky Lab report into cyber security threats in the financial sector.

PFRDA to update contact details of NPS subscribers PFRDA to update contact details of NPS subscribers

Pension fund regulator PFRDA will update latest contact details of National Pension System (NPS) subscribers to reduce grievances during its service fortnight starting June 27.

7th Pay Commission: Cabinet to take final call on HRA, allowances today, will govt employees get arrears for 17 months? 7th Pay Commission: Cabinet to take final call on HRA, allowances today, will govt employees get arrears for 17 months?

The meeting, which is scheduled to take place this evening is likely to focus on recommendations of the Lavasa Panel.