Banking HowTo Digital Banking

BHIM Aadhaar Pay Merchant Payment Apps – Download,Benefit and Comparison

BHIM Aadhaar Pay is the another mobile based payment application launched by Indian Prime minister to push the cashless digital initiative. In order to push the cashless economy, post demonetization, thrust were given much on Digital payment and Aadhaar Pay is the apps which will change the payment scenario in Indian banking transaction in coming […]

11th Bipartite Settlement Salary Structure

11th Bipartite Settlement – Government Wants Public Sector Bank to Settle the Wage Revision by 01st Nov 2017

11th Bipartite Settlement Wage Revision for Bank Employees Updates – On suggestion of BBB (Board of Bank Bureau) Finance Ministry under Government of India has asked in a communication to CEOs and MDs of all the Public Sector Banks (PSB’s) to initiate the steps for smooth conclusion of next wage revision which is due on […]

eTDS Income Tax Income Tax

New ITR Form For 2017-18, e-filing Mandatory for Demonetization Cash Transactions

Income Tax department has notified new Income Tax rationalized form Sahaj Form – I for filing income tax returns. They have also made Aadhaar number and disclose bank deposits of more than Rs 2 lakh post-demonetization i.e. November 9 to December 30, 2016 mandatory.  The Income Tax Return Form-1 (Sahaj) will replace the existing 7-page […]

Banking

State Wise List of Bank Holidays 2017

List of State Wise Bank holidays in India for Year 2017 under Negotiable Instrument Act , 1881. Holidays in bank are govern by NI Act 1881 hence there are difference in Holidays between Banks and Government holidays. Bank Holidays are different state wise. Bank Holidays 2017 include Public Holidays like Republic Day (Jan 26), Independence […]

11th Bipartite Settlement Banking News Opinion Salary Structure

10 Public Sector Banks Are Not Eligible for 11th Bipartite Settlement Benefits

Recently Government agrees to infuse Rs8,586 crore capital infusion in 10 weak public sector banks (PSBs) in the current fiscal year but terms strict norms and condition, including raising capital from other sources and curtailing major employee benefits. Government wants a tripartite memorandum of understanding (MoU) in this regard between Bank Management, Government concerned and […]

Banking News

Aadhaar Compulsory in Filling I-T Return, New PAN from July, 1st

Finally Government has made Aadhaar number compulsory in filling Income Tax Returns (IT returns) as well as getting new PAN (Permanent Account Number) from 1st July this year. The new proposal has been made through an amendment to the Finance Bill. Finance ministry is presenting amendment in finance bills this session itself for modification. Based […]