Consumers not prepared to pay for mobile banking: Study
Despite 59% of global consumers stating that online banking on their mobile phone is important to them, they are not willing to pay for it, KPMG
Tags: Asia, Bank, Banking, Cellular Telephone, Electronic Commerce, Finance, KPMG, Managing Partner, Mobile Banking, mobile banking services, mobile commerce, Mobile content, Mobile Devices, mobile phone, Mobile telecommunications, North America, Payment s, Saudi Arabia, secure banking, Security, Smart Phones, SMS banking, survey, T-Mobile, Tareq Al Sadhan, Technology, Wireless
Budget allocates INR 39,000 crore for NREGS
The Central government has hiked the allocation for its flagship rural job scheme by 144% to INR 39,000 crore.
Income Tax exemption limit increased, corporate tax unchanged
Income Tax exemption limit for senior citizens increased by INR15,000, for women and others by INR 10,000 each, while keeping the corporate tax rate unchanged in the Budget.
Income Tax structure to be simplified
The government will work towards simplifying the tax structure in the next four years, while also introduce the simplified version of the tax filing form Saral, called Saral 2.
HCL deploys ‘Bancmate’ for Agrasen Bank
HCL Infosystems has announced deployment of its Bilingual Banking Software
Going Online For Citizen Centric Services : J Raymond Peter, Commissioner, Transport Department, Andhra Pradesh
“The online slot booking for license application is an innovative idea.Under this, one has to first book a slot before appearing for a driving license test. Once booking is done, an acknowledgement mail is sent mentioning the appointment date. This system ensures exclusion of middlemen in the whole process”
Power-backed, vernacular ATMs for rural India soon
HCL has partnered with Korean ATM manufacturer, Nautilus to set up customised and localised ATMs across the country with an aim to penetrate the rural hinterlands. Under this agreement, the company would import the ATM machines from Nautilus and would localise them for the use of the Indian market.
Datacomp Ties with Atom for m-Payment Platform
Datacomp, an insurance and financial Services software solution provider, has partnered with Atom for its m-payment platform.Datacomp will enable the renewal and purchase of its software solution through the m-payments platform using phone and credit card.
Nokia’s Plans For Rural Market
Apart from collaborating with micro finance institutions (MFIs), Nokia is now reaching out to its rural customers through its
Tax solution Now Available Online for traders
A pilot project, Automation of Central Excise and Service Tax (ACES) has been launched in Bhubaneswar, bringing in more convenience to taxpayers. ACES is one of the mission mode projects identified under the national e-Governance plan and aims to automate all core processes of excise and service tax.
