Category Archives: News

Indian Govt steps to attract investment in infrastructure sector

By | November 26, 2016

PPP Contracts in the Infrastructure Sector Public Private Sector (PPP) concessions are usually long term arrangements spanning over decades and contracting parties are required to manage the uncertainties and complexities that arise over the long-term concession periods. The Committee on Revisiting and Revitalizing the PPP Model of Infrastructure chaired by Dr. V.Kelkar, in its Report… Read More »

Indian Govt steps to boost foreign investments in India

By | November 26, 2016

Simplified investment rules to attract more domestic and foreign investment Government has put in place a liberal, transparent and investor-friendly policy on Foreign Direct Investment (FDI) wherein most of the sectors are open to FDI under the automatic route. The Government reviews FDI policy on an ongoing basis and significant changes are made in the… Read More »

Minimum Balance in Saving Accounts

By | November 26, 2016

Minimum Balance in Saving Accounts Reserve Bank of India (RBI) vide its circular dated August 10, 2012 on Financial Inclusion – Access to Banking Services – Basic Saving Bank Deposit Account, advised all Scheduled Commercial Banks to offer a ‘Basic Savings Bank Deposit Account’ which shall not have the requirement of any minimum balance. In… Read More »

Marriage shagun in old currency notes ( Rs 500/ Rs 1000) – Deposit into Bank ?

By | November 25, 2016

Q Guests came to attend my  marriage and had given the shagun in old currency notes of Rs 500 / Rs 1000. Can I deposit the notes in Bank account. If marriage shagun is given on or before November 8, 2016 (in notes of Rs. 500/1,000), then it can be deposited in bank up till December 30,… Read More »

Use your old Rs 500 notes for 23 transactions

By | November 25, 2016

Demonetisation : 23 places you can still use your old Rs 500 notes 24 Nov, 2016, 20:38 pm Government has permitted various exemptions for certain transactions and activities wherein payment could be made only through old Rs 500 notes. [ read Govt Notification Permissible payments with old bank note Date Extended till 15 Dec 2016 with… Read More »

Permitted payments with onlly old Rs 500 till 15.12.2016 + New additions

By | November 25, 2016

After due consideration of all relevant aspects, the Central Government takes various decisions relating to certain operational aspects of the Scheme relating to cancellation of legal tender character of old Rs. 500 and Rs. 1000 notes; No over the counter exchange of old Rs. 500 and Rs. 1000 notes after midnight of 24.11.2016;.Certain other exemptions… Read More »

Know Your LIN -Labour Identification Number

By | November 24, 2016

Labour Identification Number (LIN) touches the mark of 18 Lakh LIN (Labour Identification Number) provided by Shram Suvidha Portal has been issued to about 18 Lakh units covered under various labour laws. The LIN number so allotted was communicated by using the email addresses and mobile numbers of the unit representatives available in our database.… Read More »