News for 'Funds Transfer Scheme'

Arithmetic behind PM's 10 mn job claim is flawed!

Arithmetic behind PM's 10 mn job claim is flawed!

Rediff.com31 Jul 2018

The independent institute advising the PM on jobs seems to have missed the point that the challenge is to create net additional jobs, says Mahesh Vyas.

Aadhaar gets a second life from Modi

Aadhaar gets a second life from Modi

Rediff.com28 Oct 2014

Aadhaar, an ambitious initiative of the previous government, has been used to initiate mandatory attendance for government officials, prisoner identification and by linking it to passports, mobile SIM cards and provident fund accounts.

AG finds irregularities worth crores in Naxal-hit Bastar area

AG finds irregularities worth crores in Naxal-hit Bastar area

Rediff.com28 Jan 2014

Various alleged administrative and financial irregularities worth crores have been pointed out in execution of development works in worst Naxal-hit Bastar district of Chhattisgarh by state Accountant General.

Nitish Kumar's biggest challenge at the moment

Nitish Kumar's biggest challenge at the moment

Rediff.com25 May 2020

Around 275,000 migrant labourers and their family members have returned to the state. According to the state government, this number could exceed 1 million by the end of this month. As the NDA government in Bihar is scheduled to face polls at the end of this year, providing livelihoods to these people is on the top Chief Minister Nitish Kumar's agenda.

Top 7: Money Resolutions for 2015

Top 7: Money Resolutions for 2015

Rediff.com22 Dec 2014

To ensure a better financial future, resolve yourself to follow these simple money tips.

The poor deposit life savings in banks, while rich take loans and flee, says PM

The poor deposit life savings in banks, while rich take loans and flee, says PM

Rediff.com6 Apr 2016

Vijay Mallya, who faces prosecution in India, is reportedly in London.

The Problem With Budgets...

The Problem With Budgets...

Rediff.com1 Feb 2020

'There is a time for lowering one's expectations of the economy -- and therefore not trying to do too much in the Budget,' notes T N Ninan.

SC refers Aadhar card matter to Constitution Bench

SC refers Aadhar card matter to Constitution Bench

Rediff.com11 Aug 2015

A three-judge bench framed various questions, including as to whether right to privacy is a fundamental right, to be decided by the larger Constitution Bench.

Jaitley promises tough action against Indians with illegal swiss bank a/c

Jaitley promises tough action against Indians with illegal swiss bank a/c

Rediff.com29 Jun 2018

Latest data from the Swiss National Bank showed that money parked by Indians in Swiss banks rose over 50 per cent to CHF 1.01 billion

3 Indians plead guilty to student visa fraud charges in US

3 Indians plead guilty to student visa fraud charges in US

Rediff.com1 May 2015

Three Indians have pleaded guilty to criminal charges of conspiring to commit student visa and financial aid fraud through a for-profit school they ran and agreed to forfeit over USD eight million to federal authorities.

Shah flags off Raje's 'Rajasthan Gaurav Yatra', targets Congress

Shah flags off Raje's 'Rajasthan Gaurav Yatra', targets Congress

Rediff.com4 Aug 2018

The 58-day yatra is aimed at seeking people's mandate in the assembly elections scheduled to be held later this year.

Budget: How new tax slabs will benefit you

Budget: How new tax slabs will benefit you

Rediff.com4 Feb 2020

In an online chat with Rediff.com readers, G Srikanth, partner, GSV Associates, chartered accountants, Chennai and member of the Institute of Cost and Management Accountants, answered queries about the new income tax proposals mooted in the Union Budget 2020-2021.

Money tips if you just started earning

Money tips if you just started earning

Rediff.com28 Apr 2015

It is important to celebrate when your first paycheck arrives, but is equally important to ensure that you take the time to learn some very important personal finance lessons, so that you can put your salary to work for you and grow a savings corpus.

Govt begins mapping migrant workers to work out relief package

Govt begins mapping migrant workers to work out relief package

Rediff.com10 Apr 2020

The Union home ministry and the labour ministry have asked state governments to coordinate with the chief labour commissioner's (CLC's) office to give a comprehensive data of all the migrant workers by April 11.

India saved $9 bn through Aadhaar, says Nilekani in US

India saved $9 bn through Aadhaar, says Nilekani in US

Rediff.com13 Oct 2017

'It has also saved the government about $ 9 billion in fraud and wastage because by having that unique number you eliminate fakes and duplicates from your beneficiary and employee list,' Nilekani said at an event on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.

Jaitley shows the path to 'Acche din' for the middle class

Jaitley shows the path to 'Acche din' for the middle class

Rediff.com2 Mar 2015

The abolition of wealth tax is again a welcome step.

The irony of green levies by courts

The irony of green levies by courts

Rediff.com17 Nov 2015

The Supreme Court imposed a green tax on trucks destined for other states but wanting to take a shorter route through Delhi.

'We will become a good welfare State if...'

'We will become a good welfare State if...'

Rediff.com29 May 2020

'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'

Why and how to choose a retirement plan

Why and how to choose a retirement plan

Rediff.com18 Jan 2016

When taken at the right time it can prove to be your best friend during old age

Terrorism, drugs, good governance: Rajnath says it all at SAARC

Terrorism, drugs, good governance: Rajnath says it all at SAARC

Rediff.com4 Aug 2016

India on Thursday sought strengthening of SAARC monitoring desks on terrorism and drugs, underlining that illicit funds generated from narcotics and fake currency networks are being fed into supporting terror activities

Tax benefits, duty cuts top India Inc's Budget wish-lists

Tax benefits, duty cuts top India Inc's Budget wish-lists

Rediff.com15 Feb 2015

New government should consider reforming taxation rules.

Why are our cities in a mess today?

Why are our cities in a mess today?

Rediff.com30 Nov 2015

Populations of cities are rising, more are coming in because cities continue to attract people for jobs and because of increased economic activity. One standard question would be: What is the government doing about this?

'To get back to 6-7% GDP growth will take a couple of years'

'To get back to 6-7% GDP growth will take a couple of years'

Rediff.com3 Sep 2020

'The current economic contraction is certainly due to the lockdowns as a response to the pandemic, which is an act of God.' 'Nobody has seen such a thing in the last 100 years.' 'Saying that this was an act of mismanagement is largely incorrect'

Aadhaar data breach can influence election results: Supreme Court

Aadhaar data breach can influence election results: Supreme Court

Rediff.com17 Apr 2018

Senior counsel, Diwedi submitted that technology is advancing and we have limitations of understanding the technological developments.

Good economics is good politics? How 6 states spend cash

Good economics is good politics? How 6 states spend cash

Rediff.com21 Mar 2016

Ishan Bakshi studies the Budgets of six states, their expenditure priorities and outlays to understand the trend.

All fiscal deficits are not evil

All fiscal deficits are not evil

Rediff.com23 Jun 2016

There is a case for analysing the fiscal deficit, separately for expenditure and investment.

1.57 bn accounts but are Indians saving in banks?

1.57 bn accounts but are Indians saving in banks?

Rediff.com26 Apr 2018

Now, 83 per cent males and 77 per cent females have formal bank accounts but they are hardly using them

Saradha scam worth Rs 2,460 cr; owner in control of deposits: Probe

Saradha scam worth Rs 2,460 cr; owner in control of deposits: Probe

Rediff.com20 Oct 2013

The alleged chit fund scam in West Bengal involving the Saradha Group revolves around a total sum of Rs 2,460 crore with 80 per cent of the depositors' monies still remaining unpaid, a latest investigation report has revealed.

India's airlines faced turbulent skies in 2018

India's airlines faced turbulent skies in 2018

Rediff.com31 Dec 2018

India remained the world's fastest growing domestic aviation market with 51 straight months of doubled-digit traffic growth but the woes of passengers as well as carriers manifested in myriad forms.

How did Nirav Modi pull off PNB fraud?

How did Nirav Modi pull off PNB fraud?

Rediff.com25 Oct 2019

Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.

Modi may announce tech-dependent financial inclusion this I-Day

Modi may announce tech-dependent financial inclusion this I-Day

Rediff.com14 Aug 2014

As many as 75 million households that do not have access to banking services will be covered and at least one bank account opened for each household, against the earlier proposal of two.

What the Raksha Mantri must do

What the Raksha Mantri must do

Rediff.com8 Jun 2019

Ajai Shukla presents an action plan for Defence Minister Rajnath Singh to fix the systemic weaknesses in defence.

4 smart ways to manage your home loan

4 smart ways to manage your home loan

Rediff.com8 Dec 2014

Start now, and sail through your tenure like a pro!

Highlights of the Union Budget

Highlights of the Union Budget

Rediff.com29 Feb 2016

Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.

Will govt's new initiatives bring a bonanza for the states?

Will govt's new initiatives bring a bonanza for the states?

Rediff.com15 Apr 2015

The centre's promise of a new deal for the states is a welcome development.

How to get more tax breaks this year

How to get more tax breaks this year

Rediff.com3 May 2015

Use deductions introduced in the Budget to save additional Rs 24,000 in tax

'Corruption' is being removed from India's political dictionary'

'Corruption' is being removed from India's political dictionary'

Rediff.com19 May 2015

Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.

Did you know that PPF gives you triple tax benefit?

Did you know that PPF gives you triple tax benefit?

Rediff.com20 Apr 2017

The Public Provident Fund is one of the safest and convenient modes of investment.

If EPFO has its way, you will be allowed to withdraw only 60% of PF

If EPFO has its way, you will be allowed to withdraw only 60% of PF

Rediff.com19 Jun 2018

The objective behind the move is to "retain the membership of PF subscribers and to address the social security needs at the time of unemployment."

Budget should not only repair, but reboot economy

Budget should not only repair, but reboot economy

Rediff.com22 Dec 2017

A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.