No proposal to withdraw cheque book facility in banks: Finmin

No proposal to withdraw cheque book facility in banks: Finance Ministry NEW DELHI: Refuting an earlier report that cheque book facility would be withdrawn to push digital transactions, the Ministry of Finance on Thursday clarified that there is no such proposal under consideration. To recap, just last week, Confederation of All India Traders+ (CAIT) Secretary … Read more

FinMin issues instructions for Budget 2017-18

FinMin issues instructions for Budget 2017-18 With Centre deciding to advance Budget 2017-18 presentation by about a month, the Finance Ministry has come out with comprehensive instructions for different ministries for completion of the exercise. The instructions were issued following the Cabinet decision to merge rail and general budgets, do away with distinction between plan … Read more

Revision of pay of employees stagnating at the maximum of the Pay Band and Grade Pay or scale in pre-revised structure under Central Civil Services (Revised Pay) Rules, 2016

Revision of pay of employees stagnating at the maximum of the Pay Band and Grade Pay or scale in pre-revised structure under Central Civil Services (Revised Pay) Rules, 2016 No.1-6/2016-ICGovernment of IndiaDepartment of ExpenditureImplementation Cell Room No.214, The Ashok, New DelhiDated the 7th September,2016 OFFICE MEMORANDUM Subject: Revision of pay of employees stagnating at the … Read more

GPF Interest Rate – Resolution issued by Ministry of Finance

GPF Interest Rate – Resolution issued by Ministry of Finance (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.No. No.5( 1 )-B (PD)/2016 Govemment of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, Dated the 30th June, 2016 RESOLUTION It is announced for general information that during the year … Read more

Interest Rate for General Provident Fund – Finmin Orders

Interest Rate for General Provident Fund – Finmin Orders Resolution – accumulations at the credit of subscribers to the GPF and other similar funds – 2016 (PUBLISHED IN PART I SECTION OF GAZETTE OF INDIA) F.No.5(1)-B(PD)/2016 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, Dated the 2nd June, 2016 … Read more