Digital Payment System For Parking Charges At Airports Airports Authority of India (AAI) has issued directions to the respective Car Parking Licensees across all AAI controlled airports for evolving a mechanism of e-payment transactions in the form of Debit/Credit Cards, Digital Wallets (PayTM, Freecharge, Mobikwik, Reliance Jio etc.) and also keep sufficient change of currency… Read More »
Guidelines for Sand Mining Sand is a minor mineral, as defined under section 3(e) of the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act). Section 15 of the MMDR Act empowersstate governments to make rules for regulating the grant of mineral concessions in respect of minor minerals and for purposes connected therewith. The… Read More »
Cabinet approves replacement of ‘Major Port Trusts Act, 1963’ with ‘the Major Port Trust Authorities Bill, 2016’ The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved the proposal of Ministry of Shipping to replace the Major Port Trusts Act, 1963 by the Major Port Authorities Bill, 2016. This will empower the… Read More »
Airtel Payments Bank rolls out pilot services in Andhra Pradesh and Telangana Over 15,000 neighborhood Airtel retail outlets in towns and villages across Andhra Pradesh and Telangana will also act as banking points and offer convenient banking services to customers Interest rate of 7.25% p.a. on savings account deposits; Personal Accidental Insurance of Rs. 1… Read More »
DeMonetisation is our strategy to move towards less cash economy, Finance Minister Says
रूपये की कहानी
Transcription of the Finance Minister’s Statement made to media today Ministry of Finance, 13-December, 2016 The Congress party was in power for 10 years continuously from 2004-14. There were two striking features of that regime. The First that it did not take even a single step either against corruption or against black money. The Second… Read More »
Digital Payment Incentive Scheme
Press Information Bureau Government of India Ministry of Finance 11-December-2016 16:56 IST The Ministry of Finance through a letter to all the MDs &CEOs/CMDs of PSBs and Chairman, IBA directs that all the bank branches in the country be alerted to reflect correctly the cash deposit in old and new currency and inform the customers… Read More »
The Ministry of Finance through a letter to all the MDs &CEOs/CMDs of PSBs and Chairman, IBA directs that all the bank branches in the country be alerted to reflect correctly the cash deposit in old and new currency and inform the customers about the same; Action taken in this regard be reported by 16.12.2016.… Read More »