bank accounts

LPG subsidy not to be taxed: Finance Ministry

Finance Ministry on Tuesday clarified that LPG subsidy received by individuals in their bank accounts will continue to be exempt from income tax.

May 05, 2015, 20:58 PM IST

Taxability of LPG subsidy unclear; experts seek clarification

Taxability of LPG subsidy and other direct benefits paid directly into bank accounts of beneficiaries is unclear with tax experts divided on the issue and want an explicit clarification from the government.

May 04, 2015, 15:25 PM IST

Biz leaders meet FM Jaitley; want tax return forms simplified

The industry representatives said after the meeting that Jaitley assured them to look into simplifying the ITR and at making the forms smaller and the process of filing returns quicker.

Apr 24, 2015, 20:40 PM IST

Arun Jaitley to meet tax officials again to keep ITR forms simple

Facing criticism over the new ITR forms that seek details on bank accounts and foreign travel, Finance Minister Arun Jaitley will soon meet tax officials for the second time to make the filing of returns simpler for individual taxpayers.

Apr 21, 2015, 22:28 PM IST

Taxpayers to disclose bank accounts, foreign travel to Income Tax department

Taxpayers will have to disclose all bank accounts held by them in the country and instances of foreign travel to the Income Tax department while filing their returns for the assessment year 2015-16.

Apr 17, 2015, 18:08 PM IST

Fifteen crore Aadhar cards linked with bank accounts

The National Payments Corporation of India on Friday announced linking of 15 crore Aadhar cards with various bank accounts in India.

Mar 06, 2015, 22:14 PM IST

Over 81% of LPG consumers join PaHaL scheme

More than 81 percent of the 14.5 crore LPG consumers have joined a scheme to get cash subsidy in their bank accounts, the oil ministry said Wednesday.

Mar 04, 2015, 21:34 PM IST

RBI says overdraft under Jan-Dhan is priority sector lending

Giving a big boost to Pradhan Mantri Jan-Dhan Yojana (PMJDY), the RBI Wednesday said bank overdrafts of up to Rs 5,000 in accounts opened under this financial inclusion mission will be treated as priority sector lending.

Feb 25, 2015, 18:35 PM IST

India a nearly '100% banked country', UN told

India is a "nearly 100 percent banked country" that offers its citizens universal access to financial services aimed at spurring development, a UN commission heard Thursday.

Feb 07, 2015, 10:20 AM IST

Unbridled financial inclusion can create problems: RBI

The Reserve Bank on Thursday cautioned that "unbridled" financial inclusion drive could create problems and asked banks to take adequate safeguards in this regard.

Jan 29, 2015, 23:10 PM IST

Over 9.35 crore consumers sign up for LPG cash-subsidy scheme

More than 64 percent of 15.3 crore LPG consumers in the country have joined the ambitious PAHAL scheme to receive cash subsidy in their bank accounts so they can buy the cooking gas at market price.

Jan 28, 2015, 22:41 PM IST

PM Modi congratulates bankers for success of PMJDY

Prime Minister Narendra Modi has congratulated all bankers through an email for the success of the Pradhan Mantri Jan Dhan Yojana (PMJDY) and rolled out a roadmap for the future, an official statement said here Saturday.

Jan 24, 2015, 16:54 PM IST

Over 9 crore consumers sign up for LPG cash-subsidy scheme

More than 60 percent of LPG customers in the country have joined the ambitious PAHAL scheme for receiving cash subsidy so that they can buy cooking gas (LPG) at market price.

Jan 23, 2015, 20:40 PM IST

Success of Jan Dhan is a matter of pride for India: PM Modi

Prime Minister Narendra Modi on Tuesday hailed the success of his pet-project Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme as overwhelming and said it was a matter of pride for the nation.

Jan 20, 2015, 21:26 PM IST

11.5 crore Jan Dhan accounts opened; most of India is banked: FM

As many as 11.5 crore bank accounts have been opened under the Pradhan Mantri Jan Dhan Yojana, exceeding the enhanced target of 10 crore and covering 99.74 percent of households, Finance Minister Arun Jaitley said on Tuesday.

Jan 20, 2015, 19:24 PM IST

Private banks lag behind PSU lenders in opening Jan Dhan a/c

Private sector banks are way behind their PSU peers when it comes to opening financial inclusion accounts under the Prime Minister's Jan Dhan Yojana, with just about 30 lakh in over four months.

Jan 11, 2015, 15:33 PM IST

11 crore bank accounts opened under Jan Dhan Yojana: PM Modi

The government has exceeded its target of opening bank accounts before time under its flagship scheme 'Pradhan Mantri Jan Dhan Yojana' and opened around 11 crore accounts, Prime Minister Narendra Modi said Saturday.

Jan 10, 2015, 16:22 PM IST

Delhi first city to achieve 100% enrolment in PMJDY

Bank accounts of more than 31.63 lakh families have been opened under the scheme in the national capital.

Dec 29, 2014, 19:30 PM IST

LIC, banks asked to provide claim forms online

The LIC has also been asked to settle claims within 15 days of the receipt of the claim form.

Dec 29, 2014, 17:19 PM IST

Jan Dhan Yojana: Banks achieve target of opening 10 crore accounts

Banks have achieved the target set by the government to open 10 crore accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) a month before the January 26 deadline.

Dec 29, 2014, 15:28 PM IST