Category Archives: News

Government of India to launch Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana

By | December 23, 2016

Government of India to launch Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana The Government of India seeks to promote digital payment methods to encourage consumers and merchants to increasingly shift to these payment modes. To take this imitative forward, Lucky Grahak Yojana for Consumers and Digi-Dhan Vyapar Yojana for Merchants, will be launched on 25th… Read More »

Public Sector Banks not to charge fees for IMPS & UPI in excess of NEFT Rates for Transactions > Rs 1000

By | December 21, 2016

In order to further promote digital and card payments, Department of Financial Services, Ministry of Finance issues direction in public interest all Public Sector Banks(PSBs) not to charge fees for transactions settled on Immediate Payment Service (IMPS) and Unified Payments Interface (UPI) in excess of rates charged for National Electronic Funds Transfer (NEFT) for transactions… Read More »

Doubling of Rajpura-Bhatinda railway line in Punjab approved by Indian Govt

By | December 21, 2016

Cabinet approves doubling of Rajpura-Bhatinda railway line The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for doubling of Rajpura-Bhatinda railway line at an estimated cost of Rs.1,251.25 crore and expected completion cost of Rs.1,465.59 crore. The 172.64 km long railway line is expected to be… Read More »

Crediting wages in bank account of employees : Indian Govt Clarify

By | December 21, 2016

Government Clarification on Amendment to Payment of Wages Act It is seen from the media reports that there is a general impression that is being created that the Government is bringing an amendment to the Payment of Wages Act to make mandatory the payment of wages to the workers only through cheque or accounts transfers.… Read More »