Category Archives: News

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 »

CBSE Board Class X exams to be mandatory from 2018

By | December 21, 2016

Board exams for Class X are set to become compulsory for all CBSE students from 2018, three language formula could be extended till Class X and foreign language might be treated as fourth and “elective”, according to decisions taken by the CBSE today. At the meeting of CBSE’s Governing body, its members “unanimously” agreed that… Read More »

CBSE Affiliated School- Extension of Teacher retirement only if National Awardee

By | December 21, 2016

CBSE Affiliated School- Extension of Teacher retirement only if National Awardee Earlier the CBSE teacher was required to retire after 65 years if  he/she  was recipient of  National/ State/CBSE teacher award .But now he will be considered for further extension of two years after attaining age of 60 years only if he/she is recipient of… Read More »

Cashless transactions in CBSE affiliated schools w.e.f 01.01.2017

By | December 21, 2016

Central Board of Secondary Examination CBSE/SECY/SPS/2016/ December 10, 2016 Subject: Promotion of cashless transactions in the CBSE affiliated schools The benefits of cashless transactions are enormous and the CBSE has introduced e-payment facilities for collection of fee for examination, affiliation and various activities including payments to its examination functionaries. The Board has been directing its… Read More »

Assam govt offer 0.75% more rebate on digital purchase of fuel Plus 17 Other Incentive

By | December 20, 2016

Assam Govt Incentives for Cashless Transactions GUWAHATI, Dec 19 – The Assam State Government today announced a number of incentives to boost electronic payment and for promotion of cashless transactions. Addressing a press conference here, Finance Minister Himanta Biswa Sarma unveiled an 18-point incentive scheme for transforming the State into a ‘less-cash economy’ and said… Read More »