The new system would be especially beneficial for Qualified Foreign Investors.
EPFO has recently issued Universal PF Account Numbers for 4.17 crore contributing members.
'The number of STRs received in 2016-17 is 4,73,006 which is more than four times as compared to 2015-16 and this increase is attributed to demonetisaton exercise...,' the Financial Intelligence Unit's report has said.
UIDAI has asked police to investigate, it was not fully convinced about nature of the incident
MCLR-linked loans are more responsive to RBI's rate movements, and rate cuts may be transmitted to borrowers in a manner useful to them.
Besides, non-promoters with more than 10 per cent stake in the company would also be allowed to tap the OFS route.
The draft regulations in this regard are expected to be approved by the board during the meeting.
E-commerce companies have understood the importance of having their own in-house wallet, explaining their acquisition spree, says Manoranjan Mohapatra.
Short-term loans from NBFCs can be more convenient but come at higher cost
The Aadhaar and Other Laws (Amendment) Bill, 2019 was passed in Rajya Sabha by a voice vote, although many parties including the Trinamool Congress and Dravida Munnetra Kazagham opposed it citing various reasons, including apprehensions data theft.
It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.
For those who find the online facility difficult, there is an electronic tutorial, and staff to assist you.
The government in Budget 2017 has already mandated seeding of Aadhaar number with Permanent Account Number to avoid individuals using multiple PANs to evade taxes.
The new norms were cleared by the Securities and Exchange Board of India in New Delhi on Thursday and the relevant provisions would be incorporated in the listing agreement soon, Sebi Chairman U K Sinha said.
Yes, you need to be safe when dealing with third party agents who act as intermediaries between you and the lending institutes.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
Besides the thrill of changing cars quite often, a higher tax deduction is available, experts tell Tinesh Bhasin
'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'
The finance ministry and the RBI have performed many somersaults in these last 42 days.
The DoT is wrongly asking subscribers to link their mobile numbers to Aadhaar in order to keep them active, says Gopal Krishna.
A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments
Experts claim impact of breather limited as most hybrid vegetable seeds are sold by private companies.
Average data usage on Airtel India network grew about three fold to 2611 megabyte (about 2.5 GB) per customer from 904 MB on YoY basis. But the average revenue from the data services per customer declined by 22.7 per cent during the period.
In the Silicon Valley of India, one can use the cryptocurrency to pay for food, buy bus tickets, order stuff online, and even get a haircut.
So far, 758 million Aadhaar numbers have been generated.
Deadline ends for KYC details; cable operators' body says more time needed.
He said the Aadhaar programme violated informational privacy, self-determination and data protection.
'The farmer is furious because the MP government is trying to crush their agitation violently.' 'Such actions will have nation-wide repercussions.' 'Why this drama (Shivraj Chouhan's fast) after violently crushing the farmers' agitation?' 'He should resign immediately.'
LIC is on board after tying up with all five insurance repositories; 1,50,000 e-Insurance Accounts opened across India till date.
Wipro is using this in-house innovation to automate internal functions such as helpdesk management
Finance minister Arun Jaitley had recently sent a delegation to Switzerland and the members had returned with some positive movement.
If you are new to investing andarenot sure how ademataccount worksoperates, here is everything you need to know aboutdemataccounts and what happens when you buy or sell shares online.
The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.
Debashis Basu lists various reasons why laundering through the stock market thrives.
Sebi's new FPI regulation has helped attract new capital pool, up registrations.
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This means individuals like Vikram Pandit, former Citibank chief, can be a promoter only if he comes back to the country permanently.
The more you know about using a new credit card, the more you reap!
Before opting for a joint home loan with your parents or spouse you must first understand the implications of this loan.
The need of the hour, as the Supreme Court readies to rule on the constitutionality of Aadhaar, is for the UIDAI to fix the bugs, says Geetanjali Krishna, in the second and final part of her series.
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions
