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BoB ties up with UAE Exchange for instant money transfer

Last Updated: Saturday, April 25, 2015, 13:34

Bank of Baroda, a leading Indian public sector bank, has tied up with UAE Exchange to offer an instant cash transfer facility to NRI customers.

Govt may extend DBT to some other schemes

Last Updated: Friday, April 24, 2015, 19:43

Government will consider extending Direct Benefit Transfer (DBT) of subsidies to some other central schemes and also include food distribution under the scheme, the Lok Sabha was told Friday.

CBDT extends time for filing roll-back applications under APA

Last Updated: Tuesday, March 31, 2015, 21:16

The Central Board of Direct Taxes has extended the window for filing roll-back applications under the Advance Pricing Agreement relating to transfer pricing cases by three months to June 30.

Rs 7,024 crore transferred under LPG cash subsidy scheme

Last Updated: Friday, March 20, 2015, 17:24

Government on Friday said that it has transferred Rs 7,024 crore as cash subsidies to LPG consumers since mid-November 2014 under the PAHAL scheme.

Xpress Money launches new sevice to remit funds

Last Updated: Thursday, March 19, 2015, 19:43

Money transfer operator Xpress Money Thursday launched a new service to help consumers send money directly to any bank account in the country.

Finance Ministry warns bankers against using influence for transfer

Last Updated: Thursday, March 19, 2015, 15:57

Warning disciplinary action, the Finance Ministry has asked bank employees to desist from using political influence for appointment or transfer.

Cairn India gets Rs 20,495 cr tax notice from I-T Department

Last Updated: Friday, March 13, 2015, 17:22

Income Tax Department has slapped a Rs 20,495 crore tax demand on Cairn India Ltd for allegedly failing to pay taxes on gains made by its former parent in a share transfer transaction about eight years ago.

EPFO declares average interest of 8.67% in 3 years to FY15

Last Updated: Monday, March 9, 2015, 16:53

The Employees' Provident Fund Organisation (EPFO) gave an average interest of 8.67 percent to its account holders in three years up to 2014-15.

UAE Exchange offers instant India bank transfers

Last Updated: Monday, March 9, 2015, 15:03

The tie up will integrate UAE Exchange FLASHremit, an instant account credit facility, with IMPS (Immediate Payment Service).

DBT scheme for LPG subsidy biggest in the world: President

Last Updated: Monday, February 23, 2015, 13:25

About 75 percent of the 15 crore LPG consumers in the country are getting cash subsidy directly in their bank accounts to help them buy cooking fuel at market price, making it the world's largest direct benefit transfer scheme.

Cash transfer under central schemes directly to start by April

Last Updated: Tuesday, February 17, 2015, 21:49

Government will start cash transfer under all central schemes directly to beneficiaries by April.

GST rollout to boost growth by 2%: Adi Godrej

Last Updated: Tuesday, February 17, 2015, 18:43

The government must roll out Goods & Services Tax (GST) from next fiscal as it is likely to boost economic growth by 2 percent, Godrej Group Chairman Adi Godrej said Tuesday.