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Political parties won't be taxed on old notes deposits, conditions apply

The government on Friday said political parties depositing old 500 and 1,000 rupee notes in their accounts will be exempt from income tax provided the donations taken are below Rs 20,000 per......

SBI to charge for cash withdrawal beyond 4 free transactions per month

The country's largest lender SBI will levy charges for cash withdrawal beyond four free transactions in a month from customers holding the basic savings bank deposit (BSBD) accounts. These......

RuPay takes on Visa and Mastercard with a little govt help

RuPay is working on how to increase offers to customers. It is also focused on technology innovation in the card payment system. IMAGE: A RuPay sign is seen on the door of an ATM. Photograph:......

PSBs not going to raise bank charges in near future: FinMin

The ministry of finance on Tuesday clarified that public sector banks (PSBs) have intimated they are not going to raise bank charges in the near future in view of the COVID-19 pandemic. The......

Jan Dhan account deposits cross Rs 1 lakh cr

Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark. As per the latest finance ministry data, the......

Financial inclusion may remain an unsolved puzzle

Financial inclusion is back in the limelight after Prime Minister Narendra Modi announced the launch of Pradhan Mantri Jan Dhan Yojana -- an initiative to bank the poor -- in his Independence Day......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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