-The Times of India BENGALURU/ NEW delhi: Through Sunday, the media was buzzing with reports that petrol pumps would refuse to accept card payments for fuel from Monday. Anxious consumers, already grappling with a cash shortage, fretted that this would directly clash with the government's efforts to wean people off cash and encourage digital payments. Finally, there was some relief on Sunday night after banks agreed to defer their decision to charge...
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Aadhaar must for MGNREGS work
-The Hindu Other proofs of identity will be allowed till March 31 New delhi: From April 1, workers in rural areas enrolled under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which mandates 100 days of work for a household a year, must have an Aadhaar card. Those who have registered under the scheme will be required to give furnish proof of possession of Aadhaar or undergo the enrolment process till March...
More »Rabi acreage up 7%; rice, coarse cereals take a hit
-The Hindu Business Line Pulses, wheat, oilseeds gain area New delhi: Sowing in the on-going rabi season maintained its pace of low growth in the new year with rice and coarse cereals posting a decline and oilseeds remaining stagnant compared with the average of the last five years. Total sowing till January 6 increased 2.76 per cent to 602.75 lakh hectares (lh) compared with the previous five year’s average (normal of corresponding week)...
More »PMO Has No Information on Officials Consulted Before Demonetisation
-PTI New delhi: There is no information available about officials whose views were taken before the decision to demonetise high-value currency notes was announced by Prime Minister Narendra Modi on November 8, the Prime Minister’s Office (PMO) has said. The PMO also refused to answer a query on whether the chief economic advisor (CEA) and the finance minister were consulted before the sudden announcement was made, saying the query does not come...
More »Report cash deposits between April 1 and November 9, 2016, Income Tax Department asks banks
-PTI NEW delhi: The Income Tax Department has asked banks to report cash deposits in savings accounts between April 1 and November 9, 2016. The move seeks to analyze the banking transactions carried out in months before the demonetisation decision was announced on November 8. Besides, banks have also been directed to ask the account holders, who did not furnish PAN (Permanent Account Number) or Form 60 (for those without PAN) at the...
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