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.
INR 1182 Cr. Contract from ESIC Bagged by Wipro
Wipro Infotech a unit of the software services firm Wipro Limited has bagged Employees State Insurance Corporation (ESIC) contract worth INR 1182 crore.
YES BANK Introduces RFID in Retail Banking
YES BANK, South Extension Branch, New Delhi, introduces RFID Technology for the First Time in Indian Retail Banking.
