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7th pay commission: Good news for central employees! Employees will get many benefits at once on March 30

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  7th pay commission: Good news for central employees! Employees will get many benefits at once on March 30 7th pay commission: Although the festival of Holi is being celebrated across the country on 25th March, but the real Holi for central employees will be on 30th March. We are saying this because the salaries of central employees are expected to arrive by March 30. Actually, March 31 is a Sunday, so it is being estimated that the increased salary of central employees will come on March 30 only. However, the Central Reserve Bank has directed to open banks on Sunday, March 31. Let us tell you that March 31 is also the last day of the current financial year. This is the reason why the Reserve Bank has asked banks to open branches. Why will salary increase There has been an increase of 4 percent in the dearness allowance or DA of central employees. With this, the allowance of employees has now increased from 46 percent to 50 percent. This has come into effect from last January, so ...

Revision of interest rates for Small Savings Schemes w.e.f. 01.04.2024: SB Order No. 01/ 2024

  The undersigned is directed to say that, vide memorandum No. 1/4/2019-NS dated 08.03.2024 (copy enclosed), Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division) has informed that the   rates of interest on various Small Savings Schemes (National Savings Schemes) for the first quarter of financial year 2024-25 (starting from 1st April, 2024 and ending on 30th June, 2024) shall remain unchanged from those notified for the fourth quarter (1st January, 2024 to 31st March, 2024) of FY 2023-24. 2. It is requested to circulate it to all concerned for information and necessary guidance. Same may also be placed on the notice board of all Post Offices in public area. 3. This issues with the approval of Competent Authority. Encl: As above. . Copy to: 1. Sr. PPS to Secretary (Posts) 2. PS to Director General Postal Services. 3. PPS/PS to Addl. DG (Co-ordination)/Member (Banking)/ Member (O)/ Member(P) /Member (Planning & HRD)/Member (PLI)/Member ...

Bank Holidays: Banks will remain closed for a total of 14 days in April, see holiday list

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  Bank Holidays: Banks will remain closed for a total of 14 days in April, see holiday list Bank Holidays in April 2024: There will be a total of 14 days of bank holidays in different zones in April 2024. Banks will remain closed across the country on April 11 due to Eid. Bank Holidays in April 2024:  There are a lot of holidays coming in the next month i.e. April. There will be a total of 14 days of bank holiday in different zones in April, 2024. Actually, nowadays most of the work related to banks is done online. But still there are many tasks like opening a bank account and taking a loan, for which one has to go to the bank branch. If you go to the bank branch without looking at the list of bank holidays, you may be disappointed. Besides, your important work will also stop. In such a situation, know in advance when the bank holidays are. There is a bank holiday on Sunday of every week and on the second and fourth Saturday of the month. There will be bank holidays on these d...

Post Office SCSS: Guaranteed earning of Rs 4.10 lakh from interest on deposit of Rs 10 lakh, know every detail

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  Post Office SCSS: This scheme gives 8.2 percent interest annually. The maturity period in this scheme is 5 years. Deposit can be made in multiples of Rs 1000. Post Office Senior Citizen Savings Scheme (SCSS):  Post Office Small Savings Schemes have been a great investment option for senior citizens. In this, the deposit remains completely safe with guaranteed returns. Investment in these is not affected by market fluctuations. According to the post office website, this scheme gives 8.2 percent interest annually. The maturity period in this scheme is 5 years. Deposit can be made in multiples of Rs 1000. Maximum investment of Rs 30 lakh can be made in this. A lump sum investment has to be made in this. Deposit on ₹10 lakh ₹14.10 lakh If you invest a lump sum of Rs 5 lakh in the Senior Citizens Scheme, then at the interest rate of 8.2 per cent per annum (compounding), the total amount after 5 years i.e. on maturity will be Rs 14,10,000. Here you will get a guaranteed income of ...

Petrol, Diesel Fresh Prices Announced On March 22: Know Fuel Rates In Your City

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  Petrol and Diesel Prices Today On March 22, 2024 : In the international market, at around 6 am on Friday, WTI crude was trading at $ 80.68 per barrel with a drop of 0.48%, while Brent crude was trading at $ 85.38 per barrel with a drop of 0.47%. Today, i.e. on March 22, there has been no change in the prices of petrol and diesel in the country. In India, the pricing of petrol and diesel is subject to influences like freight charges, value-added tax (VAT), and local taxes, resulting in different rates across states. Check city-wise petrol and diesel prices on March 22 : CITY PETROL DIESEL Noida Rs 94.66 Rs 87.76 Gurugram Rs 94.98 Rs 87.85 Lucknow Rs 94.79 Rs 87.92 Chandigarh Rs 94.24 Rs 82.40 Jaipur Rs 104.88 Rs 90.36 Patna Rs 105.53 Rs 92.37 Hyderabad Rs 107.41 Rs 95.65 Bengaluru Rs 99.84 Rs 85.92

These banks will be open on Sunday, March 31, 2024; full list of RBI’s agency banks

March 2024 bank holidays: The Government of India has requested that all bank branches handling government receipts and payments remain open for business on March 31, 2024 (Sunday). Here is a look at banks that will be open on March 31. In order to account for all government operations pertaining to receipts and payments in the FY 2023–2024, the Government of India has requested that all bank branches handling government receipts and payments remain open for business on March 31, 2024 (Sunday). The Reserve Bank of India stated this in a notification issued on March 21, 2024 Does this mean that all bank branches will be open on Sunday, March 31? Which banks are open on March 31? Note that not all bank branches will be open for transactions, only agency banks selected branch will be open on Sunday March 31, 2024 As a result, Agency Banks are recommended to keep all of its branches dealing with with government receipts and payments open for transactions open on Sunday, March 31, 2024, for...

Income Tax Big Changes Effective from April 1, 2024

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  April 1, 2024 marks the beginning of the new financial year and is of paramount significance from the perspective of personal finance, as many Budget proposals on income tax come into effect from this day. Finance Minister Nirmala Sitharaman announced several changes in her Budget speech this year that will impact individual finances. Here’s a comprehensive look at some of the major changes you should be aware of, including expanded basic exemption limits among others. What New Financial Year Has In Store For You? New Tax Regime Default Adoption:  For all taxpayers, the simplified structure and reduced deductions of the new tax regime will become the default choice. However, taxpayers still have the liberty to stick to the old tax regime, if it’s more beneficial to them.