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money matters
SBI launches RuPay Platinum debit card
Country's largest lender State Bank on Thursday launched a RuPay Platinum debit card in association with National Payment Corporation of India (NPCI).
Now PNB, IDBI Bank do it, cuts lending rate by 0.25%
Joining the rate cut spree, two public sector lenders, Punjab National Bank and IDBI Bank, Wednesday cut their base rates by 0.25 percent to 10 percent, which will lead to lower EMIs for its customers.
LPG subsidy not to be taxed: Finance Ministry
Finance Ministry on Tuesday clarified that LPG subsidy received by individuals in their bank accounts will continue to be exempt from income tax.
LPG subsidy not to be taxed: Finance Ministry
Finance Ministry on Tuesday clarified that LPG subsidy received by individuals in their bank accounts will continue to be exempt from income tax.
MoneyGram ready to handle electronic-mode remittances in India
NASDAQ-listed MoneyGram is ready to handle remittances through electronic modes in India as soon as the government allows such transactions through a series of electronic modes such as online, ATM and phone banking.
PAN mandatory for central excise registration
Permanent Account Number (PAN) has been made mandatory for private firms seeking central excise registration.
Rs 4.85 lakh crore tax due from corporates
Corporates owed over Rs 4.85 lakh crore to the government as outstanding dues under direct and indirect taxes towards the end of the last fiscal, parliament was told on Tuesday.
IRDA imposes Rs 60 lakh penalty on United India Insurance
Insurance regulator IRDA Monday imposed a penalty of Rs 60 lakh on state-owned United India Insurance Company Ltd for violation of various regulatory provisions.
Trickle-down effect: Now, Bank of Baroda lowers deposit rates
State-owned Bank of Baroda on Friday said it has slashed deposit rates in the range of 0.15-0.40 percent for various maturities in several brackets.
New India eyes Rs 18K cr total premium in 2015-16
India's largest non-life insurer New India Assurance has set the bar high as it aims to cross the Rs 18,000-crore mark in global premium.
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