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Small Savings Scheme PPF,SCSC, Sukanya Samridhi NSC etc. Revised Interest Rates
Small Savings Scheme PPF,SCSC, Sukanya Samridhi NSC etc. Revised Interest Rates Press Information Bureau Government of India Ministry of Finance 18-March-2016 Interest Rates on various Small Savings Schemes for the 1st Quarter of 2016-17 notified;. Additional Interest Rate spreads which the Government allows on Small Savings Schemes like PPF, Senior Citizen Savings Scheme, Sukanya Samridhi Scheme and NSC etc. are being continued and included in the rates notified today. From the year 2012-13, the interest rates ...
Customs Baggage Rule
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 30/2016-Customs (N.T.) New Delhi, the 1st March, 2016 G.S.R. (E ).- In exercise of the powers conferred by section 79 of the Customs Act, 1962 (52 of 1962), and in supersession of the Baggage Rules, 1998, except as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules, namely:- 1. Short title and commencement. – (1) These rules may be called the Bag...
Economic Survey 2015-16
Economic Survey 2015-16    Press Information Bureau Government of India Ministry of Finance 26-February-2016 12:29 IST Economic Survey 2015-16 highlights need for more investment in Human Capital, expresses concern at declining educational outcomes, emphasizes importance of improving efficiency in delivery of services in the health sector. TheEconomic Survey 2015-16, presented in the Parliament today by the Union Finance Minister Shri Arun Jaitley, states that the social infrastructure scenario in th...
CHANGES IN CUSTOMS BAGGGE DECLARATION REGULATIONS
  CHANGES IN CUSTOMS BAGGGE DECLARATION REGULATIONS   GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 31/2016-Customs (N.T.) New Delhi,the 1st March 2016 G.S.R. (E).-In exercise of powers conferred by clause (a) of section 81 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following regulations further to amend the Customs Baggage Declaration Regulations, 2013, namely:- 1. (1) These regulations may be called the C...
Budget 2016 Highlights (Direct Tax)
  Budget 2016 Highlights (Direct Tax) 1. No change in Basic Exemption Limit for Individuals There has been no change in personal tax rates. The basic exemption limit continues at Rs.2.50 lacs. Tax Rebate of Rs. 2000 available to small tax payers under Section 87A has been increased from Rs. 2,000 to Rs. 5,000. This will benefit about around 2 crore marginal tax payers. 2. HNIs in Higher Tax Net With a view to tax high income tax payers, the surcharge on income-tax is proposed to be...
Interest Rates of Small Saving Schemes to be revised on a Quarterly Basis w. e. f 01/ 04 /2016
Interest Rates of Small Saving Schemes to be revised on a Quarterly Basis  w. e. f  01/ 04 /2016 The National Savings Schemes (NSSs) regulated by the Ministry of Finance offer complete security of investment combined with high attractive returns. These schemes also act as instruments of financial inclusion especially in the geographically inaccessible areas due to their implementation primarily through the Post Offices, which have reach far and wide.              The small...
Government of India extended the last date for applying for conversion of PIO cards to OCI cards to June 3...
Government of India extended the last date for applying for conversion of PIO cards to OCI cards to June 30th 2016 from March 31.    The last date for applying for conversion of PIO Cards to OCI Cards is now 30 June, 2016.   The Person of Indian Origin (PIO) card was first implemented in 2002 as a benefit to foreign nationals who could establish at least a third generation tie to Indian origin. The PIO card is valid for travel, work, and residence in India for a period of 15 years. The OCI car...
Highlights of the Railway Budget 2015-16
Highlights of the Railway Budget 2015-16 Please click the attachment for downloading the full text      Thrust: 1. IR to become prime mover of economy once again 2 Resource Mobilization for higher Investments 3. Decongestion of heavy haul routes and speeding up of trains: emphasis on gauge conversion, doubling, tripling and electrification 4. Project delivery 5. Passenger Amenities. 6. Safety 7. Transparency & System Improvement. 8. Railways to continue to be the preferred mode of tra...
Sovereign Gold Bonds 2015-16
Sovereign Gold Bonds  2015-16   RBI/2015-16/218 IDMD.CDD.No.939/14.04.050/2015-16 October 30, 2015 The Chairman & Managing Director All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Sovereign Gold Bonds, 2015-16 It has been decided by the Government of India, as per their Notification F.No. 4(19)-W&M/2014 dated October 30, 2015, to issue Sovereign Gold Bonds, 2015 (“the Bonds”) with effect from November 05, 2015 to November 20, 2015. The Government of India ma...
NRIs – Baggage Rules - Arrest Limit increased in case of outright smuggling or mis-declaration of baggag...
NRIs – Baggage Rules - Arrest Limit increased in case of outright smuggling or mis-declaration of baggage (8th Aug,2015 ) Passengers entering India will now have to declare Indian currency exceeding Rs 25,000 and LCD, LED or plasma televisions being brought by them in the new customs declaration forms. According to the new rules, the duty free allowance on cigarettes, cigars and tobacco has been reduced by 50 per cent. Also, passengers of Indian-origin and foreigners of over 10 years of age residing in India and ...

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Recent Posts
Small Savings Scheme PPF,SCSC, Sukanya Samridhi NSC etc. Revised Interest Rates
Customs Baggage Rule
Budget 2016 Highlights (Direct Tax)
CHANGES IN CUSTOMS BAGGGE DECLARATION REGULATIONS
Economic Survey 2015-16
Interest Rates of Small Saving Schemes to be revised on a Quarterly Basis w. e. f 01/ 04 /2016
Government of India extended the last date for applying for conversion of PIO cards to OCI cards to June 30th 2016 from March 31.
Highlights of the Railway Budget 2015-16
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