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GST: Samsung reduces prices in Mumbai region

NEW DELHI: Samsung, the country’s biggest consumer electronics and white goods company, has reduced prices in the key Mumbai region after imposition of GST. The price cut across categories spans televisions, microwave ovens, refrigerators, washing machines and air-conditioners….

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SBI Savings Account: Minimum Balance Rules And Non-Maintenance Charges

For SBI account holders in urban areas other than metros, semi-urban and rural areas, the monthly average balance requirements are Rs. 3,000, Rs. 2,000 and Rs. 1,000 respectively. SBI or State Bank of India charges a penalty up…

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ATM, Credit Card, Online Transactions Made Safer: New Rules In 10 Points

Customers will not suffer any loss if unauthorised electronic banking transactions are reported within three working days. The Reserve Bank of India (RBI) has come out with rules to make electronic banking transactions safer. Customers will not suffer…

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EPFO ties up with 5 banks to collect PF dues

New Delhi, Jul 5 (PTI) Retirement fund body EPFO today inked pacts with five banks for collections of PF dues and to make payments of PF withdrawals, pension and insurance. The tie-ups with Bank of Baroda, ICICI Bank,…

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Axis Bank Launches Super Bike Loans; To Fund 95% Of Costs

The third largest private sector lender’s executive director Rajiv Anand said many Indians are aspirational of owning iconic brands like Harley Davidson and Triumph which made the bank launch the offer. Mumbai: As the higher engine displacement ‘super…

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RBI To Issue Rs. 200 Notes In Coming Months: Report

The new notes of Rs. 200 should be out before the end of 2017 and will greatly help in narrowing the demand and supply gap in smaller-denomination currency bills, sources said. New Delhi: The Reserve Bank is expected…

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Failed to exchange demonetised notes? You might get another chance in 15 days

An SC bench has once again ignited the hope among many people for opening up of a window to exchange demonetised currency for those who could not do so by December 30, 2016 or by March 31. New…

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Linking Aadhaar with marriage certificate may be mandatory soon

The Law Commission has suggested that marriage registrations be linked with Aadhaar. The recommendation comes in the wake of the government making it mandatory for Aadhaar to be linked with several essential services. The commission said that the…

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Credit card bill payment exempt from cash dealing limit of Rs 2 lakh

New Delhi: Restrictions on cash dealings of Rs 2 lakh or more will not apply to credit card bill payments, business correspondents appointed by banks and issuers of prepaid instruments, the revenue department has said. The Finance Act…

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GST Effect: Maruti Suzuki Price Drop Per Model Announced

Maruti Suzuki has dropped prices of all its popular models ranging from the Alto to the Baleno and the new Dzire to the popular Vitara Brezza as a result to the GST impact that has reduced taxation on…

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