With businesses facing huge cash crunch, the Centres demonetisation drive will have a "significant impact" on the countrys economy in the near term, but once the transition phase is over, the growth momentum will pick up, according to a chamber report. Around ... Deccan Herald, 1 month ago
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In order to encourage digital transactions, the Union finance ministry on Wednesday asked public sector banks to restrict fees on payments through Immediate Payment Service and Unified Payment Interface to the extent that is applicable for National Electronic Funds Transfer fund transfer of over Rs 1,000. As per Reserve Bank of India norms, NEFT of up to Rs 10,000 attract Rs 2.5 fee. From Rs 10,000-1 lakh the fee is Rs 5; on Rs 1-2 lakh it is Rs 15, and beyond Rs 2 lakh it is Rs 25. Service tax ...Rediff.com, 2 months ago
When the NDA Government took power in 2014, it immediately raised hopes of a more business friendly government. Hopes of tax cuts, less governance, simplification of tax structures, unleashing the animal spirits in business. Mr. Jaitley always spoke of ...Trak.in, 1 week ago
Posted by Equitymaster When it comes to Insurance, the one thing most individuals worry about is the lengthy, complicated claim settlement procedure. Many times the claims are rejected/delayed due to incomplete paper work. So we decided to share a few ...Equitymaster.com, 1 month ago
It is suggested that you get your SIM locked with which the wallet account is mapped, says Rajiv Anand, executive Director, Axis Bank. My bank is promoting the use of its mobile wallet after demonetisation. Can I make all kinds of payments like debit card? Is it as safe as my debit card? What will happen if my phone gets stolen? Can someone use my wallet? Also, can I transfer money back to my account if I need to? Mobile wallet is a convenient payment method which is linked to your mobile ...Rediff.com, 1 month ago
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