Category Archives: Finance

Banning of Unregulated Deposit Schemes Ordinance 2019 : Download

By | February 21, 2019

THE BANNING OF UNREGULATED DEPOSIT SCHEMES ORDINANCE 2019 Banning of Unregulated Deposit Schemes Ordinance 2019 Published in Official Gazette on 21.02.2019 by Govt of India Download : Click here MINISTRY OF LAW AND JUSTICE(Legislative Department) New Delhi, the 21st February, 2019 THE BANNING OF UNREGULATED DEPOSIT SCHEMES ORDINANCE, 2019 No. 7 or 2019 Promulgated by… Read More »

Govt approved inclusion of merchant exporters under Interest Equalisation Scheme (1ES) for Pre and Post Shipment Rupee Export Credit

By | January 2, 2019

Cabinet Committee on Economic Affairs (CCEA) Cabinet allows inclusion of merchant exporters under Interest Equalisation Scheme (1ES) for Pre and Post Shipment Rupee Export Credit Posted On: 02 JAN 2019 The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to the proposal of the Department of… Read More »

Sale of Electoral Bonds at Authorized Branches of State Bank of India from 01.01.2019 to 10.01.2019

By | December 27, 2018

Ministry of Finance Sale of Electoral Bonds at Authorized Branches of State Bank of India (SBI)with effect from 01.01.2019 to 10.01.2019. Posted On: 27 DEC 2018 5:45PM by PIB Delhi The State Bank of India (SBI), in the VII Phase of sale of Electoral Bonds, has been authorized to issue and encash Electoral Bonds through… Read More »

Legends used in bank account statement

By | December 26, 2018

Legends used in bank account statement When we receive our bank account statement, we just briefly go through it and keep it aside or store it in one of our folders. A few of us check whether our names and the transactions made (debit or credit) are correctly or not. The bank statement includes a… Read More »

NPS (National Pension System) Withdrawal Norms

By | December 22, 2018

Ministry of Finance NPS Withdrawal Norms Posted On: 21 DEC 2018 8:09PM by PIB Delhi The Pension Fund Regulatory and Development Authority (PFRDA) has changed the norms for withdrawal of National Pension System (NPS) subscribers. Keeping in view the possibility of sudden financial needs of the subscribers, the requirement of minimum period under National Pension… Read More »

National Financial Reporting Authority Rules 2018 : Download /Print

By | November 15, 2018

National Financial Reporting Authority Rules 2018 GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 13th November’ 2018 G.S.R. -(E). ln exercise of the powers conferred under sub-sections (2) and (4)of section 32, sub-section(1) of section 139 and sub-section(1)of section 469 of the Companies Act,2013 (18of2013),the Central Government here by makes the following rules,… Read More »

Procedure and mechanism for sale of enemy shares

By | November 9, 2018

Cabinet approves Laying down procedure and mechanism for sale of enemy shares The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the mechanism and procedure for sale of the enemy shares. Details are as follows:  ‘In principle’ approval has been accorded for sale of enemy shares under the Custody of Ministry of… Read More »

National Housing Bank increased Refinance Limit to Rs 30000 crore

By | October 8, 2018

Ministry of Finance National Housing Bank (NHB decides to increase the Refinance Limit from Rs. 24,000 crore to Rs.30,000 crore for the Current Year(July 2018-June 2019) towards refinancing eligible institutions Posted On: 08 OCT 2018 6:16PM by PIB Delhi Keeping in view the current scenario, National Housing Bank (NHB has decided to increase the Refinance… Read More »

MSME loans up to Rs. 1 crore within 59 minutes on psbloansin59minutes.com

By | September 26, 2018

Business loans up to Rs. 1 crore within 59 minutes The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley launched here on 25.09.2018 a web portal www.psbloansin59minutes.com , a transformative initiative in MSME credit space, which will enable in principle approval for MSME loans up to Rs. 1 crore within 59 minutes from… Read More »