New Delhi: Opposition parties absence has enabled the Lok Sabha to pass the Finance Bill 2013 by a voice vote. Speaker Meira Kumar guillotined the financial proposals of various central ministries for the financial year 2013-14. Moving the Bill, Finance Minister P Chidambaram said there is no proposal to introduce wealth tax on agricultural land. [...]
Finance Bill & Rail Budget clears Lok Sabha, Houses to resume on May 2nd
April 30, 2013 by Leave a Comment
Post Bank – Core banking and ATM’s at post offices in pipeline
April 2, 2013 by Leave a Comment
Hyderabad: Indian government has planned a Post Bank to leverage the India Post network. Post offices are already delivering financial services and Post Office Savings Bank is known to be oldest and largest network in India. There are approx 1.55 lakh post offices (2011) and roughly 90% are located in rural areas. To save time, [...]
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