There are those dreaded days when you have to interact with government officials. There may have arisen certain disputes in the past, which may require recurrent interactions with these officials. India is a country which does not see a shortage of schemes and plans for the development and well-being of its people. But most of the time, the fruits of these schemes never reach the targeted group and instead finds itself leaking through, for various reasons.

While the reasons could me many and the purposes may be different, the grief and cumbersome procedure faces is the same for everyone. The communication is often actually a miscommunication, becoming a gap, as it leaves many loop holes open for disputes and becomes a bigger problem later.

At Centrik, we help to fill this gap; we present your grievances with authorities in a way that they can address them properly, without them becoming a nightmare for you.

Our Experts include a panel of retired government officials, who have offer advice from rich and versatile experience in such grievance, understand, analyze and take your grievance to the table to the correct person to whom it may concern and who has the authority to provide solution to the grievance.

We follow up them regularly and keep you updated via mail, SMS, and real time updating at our website.

OUR RESOLUTION SHALL INCLUDE

Understanding Your Grievance
Consulting with Related Officers/Experts
Writing to Related Government Authority and its Regular Follow Up
Compliance of the Prescribed Guidelines
Helping You for Next Course of Action
You Can Check the Status at Anytime on Our Website

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FAQ

How Do We Work?

Upon receiving your facts and issues, we analyze and provide preliminary reply which is always complementary. Based on your further reply, we quote the fees and other charges. We present your grievance before the authority in very professional and legal way. You can check the status on our website at any point of time.

What Are The Charges For Consulting?

At Centrik, every query is reviewed. The first reply is always free. Our consulting charges start as low as Rs. 990/- depending upon the query. The exact consulting fees would be communicated only after knowing the complete facts and circumstance. Whatever the fees, it shall be communicated to you, prior to start of work.

Whether grievance related to Non- Govt offices, be submitted?

Yes, we would take-up all kind of grievance whether it is related to any kind of government or private agency.

Are You A Govt Agency?

No, we are neither Govt Agency nor, related to Govt in any manner. We are a private company having impaneled the group of professionals from different domains to provide grievance redressal services applying legal procedures and regulations prescribed by the regulatory authorities.

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The RERA Act has provided a very speedy and summary procedure to resolve the issues. This has provided relief to...

Adv_AnujOctober 19, 2021October 25, 20210 CommentsAuthentic Legal Advice, Corporate Litigation-All In Way, Grievance Redressal, Project Funding, RERA ConsultingAbuse of dominant position by banks, Aftermarket Abuse of Dominance in the Real Estate Sector, dominant position by banks in real estate projects, fine imposed under sub-section (2), malpractices of the Banks, protect the interests of the consumers

It is just a matter of time that the detailed information with thorough research about the specific loan market and...

AdminJuly 29, 2021July 31, 20210 CommentsCorporate Litigation-All In Way, Debt Recovery Management, Grievance Redressal, Insolvency & Bankruptcy Code 2016abuse of legal process, Acceptance of CIRP, Cheque Bounce and Insolvency, CIRP Process under Section 31, criminal proceedings under Section 138, Legal proceedings under IBC, Remedies under IBC

If the corporate debtor's resolution plan was authorised and declared binding on the corporate debtor and its workers, members, creditors,...

ajay.shuklaJuly 18, 2021July 20, 20210 CommentsCorporate Litigation-All In Way, Cross Border Advisory, Debt Recovery Management, Grievance Redressal, Insolvency & Bankruptcy Code 2016Adjudicating Authority issued notice to the Corporate Debtor, avail the benefit of moratorium, benefits of moratorium under Section 14 of the IBC, CIRP initiated against the Company, Financial Creditor filed an appeal to the NCLAT, Financial Creditor filed an Application under Section 7 of the IBC, Financial Creditor initiate CIRP against the Corporate Debtor, How to get Benefit of Moratorium Period, Moratorium under IBC, provisions of the IBC

The Adjudicating Authority dismissed the Application and held that it is a case of collusive Application whereby the Corporate Debtor...

ajay.shuklaJune 16, 2021June 15, 20210 CommentsAuthentic Legal Advice, Corporate Litigation-All In Way, Cross Border Advisory, Debt Recovery Management, Grievance Redressal, Insolvency & Bankruptcy Code 2016, Legal Outsourcingclaims of the creditors, corporate insolvency resolution process, Insolvency Professionals appointed as Liquidator, Legal Proceedings of a Corporate Debtor, Legal proceedings under IBC, Powers and Duties of Liquidator under IBC, progress of the liquidation process, Resolution Professional appointed under CIRP

Insolvency Professionals eligible to be appointed as Liquidator alongside written consent form within 10 days of the direction issued, and...

ajay.shuklaJune 15, 2021August 7, 20210 CommentsCorporate Litigation-All In Way, Cross Border Advisory, Debt Recovery Management, Grievance Redressal, Insolvency & Bankruptcy Code 2016Bankruptcy Law Reforms Committee, Corporate Creditor under IBC, Difference between Financial Creditors and Operational Creditors, Insolvency Law Committee report, Interest of the Corporate Debtor, NCLT under IBC, provisions of the IBC

IBC is economic legislation and that when it comes to economic legislation, flexibility should be given to the legislature because...

kartikguptaApril 28, 2021April 30, 20210 CommentsCorporate Litigation-All In Way, Cross Border Advisory, Debt Recovery Management, Grievance Redressal, Insolvency & Bankruptcy Code 2016, Legal Advisory, Registration And Compliance, RERA ConsultingBuilder Buyer Dispute, Builder-Buyer Transparency, CIRP before NCLT, Complaint before NCLT, Complaint before RERA Authority, effective remedy for aggrieved homebuyers, Legal Remedies for Aggrieved Homebuyers, Legal Remedy for Homebuyer under NCLT, Legal Remedy for Homebuyer under RERA, real estate issues, Remedy for Legal Disputes

We always talk about problems that we face. Let’s talk about the remedy this time. A good legal team will...

UP-RERA directs ‘Jal’ to complete ‘Jaypee Greens Knight Court’ project with allottees support

AdminFebruary 10, 2021February 23, 20210 CommentsGovernment Advisory, Grievance Redressal, Registration And Compliance, RERA Consultingcompletion of construction work, Delay Project by the Developer, Delay Projects under UPRERA, delivery of houses to the homebuyers, homebuyers of Jaypee Greens Knight Courts, Instructions of RERA, project with allottees support, Relief for homebuyers under RERA, relief to the homebuyers, RERA in Uttar Pradesh

The decision was taken on the demand made by the homebuyers of Jaypee Greens Knight Courts that the promoter completes...

AdminFebruary 10, 2021February 10, 20210 CommentsGrievance Redressal, Insolvency & Bankruptcy Code 2016, Legal Advisory, Registration And Compliancecorporate debtor under IBC, definition of the financial debt under IBC, Fake Commercial Transactions, Financial Creditors, financial debt under IBC, Insolvency and Bankruptcy Code, Insolvency Resolution of a Corporate Debtor, NCLT and IBC, Proviso of the IBC

A perfect decision by the SC where the parties perform activities to avoid any commercial transactions which are collusive in...

Adv. Srishti GirdharDecember 16, 2020December 16, 20200 CommentsGrievance Redressal, Legal Advisory, RERA Consultingauction of a loan-defaulting project, Best RERALawyers Near Me, Construction Loan for the Project, Haryana RERA, Loan-defaulting Project, protection of interest of homebuyers, recover damages, Rights of the allottees of the Project, Top RERA Consultants in Delhi

HARERA has barred the auction of a loan-defaulting project by bank to recover damages without prior adjustment of allottees’ dues.

PETITION BEFORE NCLT CAN BE ADMITTED EVEN IF A LIQUIDATOR HAS BEEN APPOINTED BY THE HIGH COURT

AdminOctober 7, 2020October 13, 20202 CommentsAuthentic Legal Advice, Benchmarking, Corporate Litigation-All In Way, Grievance Redressal, Insolvency & Bankruptcy Code 2016, Project Funding, Registration And Compliance, RERA Consultingappointment of IRP if OL is there, companies act vs IBC, IBC petition can be filed before NCLT, IRP vs Official liqudator, Official liquidator vs IBC

Petition before NCLT can be admitted even if official liquidator has been appointed by the High Court (Held By NCLT...

Adv. Upmanyu KumarSeptember 23, 2020September 24, 20200 CommentsBenchmarking, Grievance Redressal, Insolvency & Bankruptcy Code 2016best resolution plan for the corporate debtor, claim against the corporate debtor, Claim filed by the Financial Creditors, Creditor fails to file the claim before the Resolution Plan, File claims before IRP, File claims before RP, File the claim before the Resolution Plan, Filing Claim under IBC, IBC Laws for Corporate Debtors

Filing Claim under IBC- It becomes very important to understand why every creditor should file their claims?

Adv. Devesh SaxenaAugust 21, 2020August 21, 202012 CommentsAuthentic Legal Advice, Grievance Redressal, RERA ConsultingBuilder fail to deliver the Possession, Builder refuses to return the Booking Amount, Compliance of Recovery Certificate, compliance of the RC issued by the RERA, Filing complaint with RERA, Grievances against Builders, Grievances against Developers, Procedure to Recover Land Revenue, Provisions to claim compensation, RC issued by the RERA Authority, Recovery of Land Revenue, recovery process in compliance of the Recovery Certificate, Top RERA Lawyers in Uttar Pradesh, What if RC is not recovered

An allottee can write a representation addressed to the DM explaining his grievance and praying for the compliance of the...

Amarpal JakharAugust 8, 2020August 8, 20200 CommentsAuthentic Legal Advice, Benchmarking, Business Advisory, Cross Border Advisory, Debt Recovery Management, Government Advisory, Grievance Redressal, Insolvency & Bankruptcy Code 2016, Legal Advisory, Legal Outsourcing, Project Funding, Registration And Compliance, RERA Consultingdiversion of funds, Financial Creditor under IBC, NCLT to initiate the CIRP, Provisions of IBC, reverse CIRP against a real estate company, Reverse CIRP NCLAT, Reverse CIRP under IBC, reverse corporate insolvency process, Reverse Insolvency, reverse insolvency under IBC, right of homebuyers, What is Reverse Insolvency

Reverse Insolvency Under IBC laws, seems best solution for struck real estate projects and Reverse Insolvency concept is kind good...

In first of its kind, RERA Handovers the Project to Residents

AdminOctober 31, 2019December 18, 20190 CommentsAll For Startup, Business Advisory, Corporate Litigation-All In Way, Debt Recovery Management, Grievance Redressal, Legal Advisory, Legal Outsourcing, Registration And Compliance, RERA Consultingclaims of the complainants, completion of abandoned projects, completion of remaining project, judgement by the Panchkula RERA, Panchkula RERA Handover the project to residents, project handover by RERA, Project handover to association, RERA case against stalled project, RERA handovers the project to residents

1st of kind order from Hon’ble RERA, which is unique and real justice in real estate history. In the said...

Homebuyers approach HC against change in RERA Authority jurisdiction in Refund Cases

AdminJuly 24, 2019December 5, 20191 CommentAuthentic Legal Advice, Debt Recovery Management, Grievance Redressal, Legal Advisory, Legal Outsourcing, RERA ConsultingAppeal to high court in RERA, litigation under RERA, refund for homebuyers, refund of money paid with interest under RERA, refund of money under rera, Refund under RERA, RERA complaint claiming refund of money along-with interest and compensation?, What if the refund is not allowed by Adjudicating officer?

Homebuyer filed appeal before P & H High court against order Haryana RERA Tribunal which held that RERA authority does't...

Adv. Nazuk SethJuly 24, 2019December 4, 20190 CommentsGrievance Redressal, Legal Outsourcing, RERA ConsultingAmrapali Group of Companies under RERA, canceled registration of the Amrapali Group of Companies under RERA, cancellation of the lease, diversion of funds of homebuyers, fraud by Amrapali Group, phase-wise completion of the projects, Supreme Court’s Verdict on Amrapali Mess

A brief of verdict given by the Supreme Court on July 23, that the Amrapali Group has violated the doctrine...

Adv. Lakshay SoniMay 1, 2018March 13, 202073 CommentsAll For Startup, Authentic Legal Advice, Government Advisory, Grievance Redressal, Insolvency & Bankruptcy Code 2016, Legal Advisory, Project Funding, RERA Consultingenforcement of RERA order, execution of RC, execution of RERA order, execution of RERA order in UP, filing application before NCLT, RERA order not complied

RERA Authority order is not being complied with by the party or if we are precise, the builder is not...

AdminMarch 8, 2018March 9, 20180 CommentsAuthentic Legal Advice, Grievance Redressal, RERA ConsultingDocuments required for project Registration under Gurugram RERA, Gurugram RERA, Gurugram RERA for project Registration, Panchkula RERA, RERA in Haryana, Revised RERA Rules for Gurugram

The Gurugram RERA has prescribed the revised RERA regulations for RERA project RERA registration in Gurugram, We have briefed the...

Poonam199615December 21, 2017December 30, 20170 CommentsGovernment Advisory, Grievance RedressalAadhaar Authentication History, Aadhaar information Online, How our Aadhaar card is used as a proof?

Since Aadhaar is used to take advantage of many services for authentication, there is always concern about misuse of it....

Amarpal JakharNovember 9, 2017November 14, 201792 CommentsAuthentic Legal Advice, Grievance Redressal, RERA ConsultingFiling RERA Complaint in Haryana, Haryana RERA Rules, How to Complaint before RERA, RERA complaint redressal, RERA Compliance, RERA Consultants

With the growth in Real Estate sector, the no. of issues, complaints and fraud have also increased. Let’s understand the...

Poonam VermaAugust 11, 2017August 30, 20170 CommentsGrievance RedressalAadhar Card, Government Redressal

Aadhaar is on its way to becoming a lifeline. Without it, you will not be able to carry out many...

AdminJuly 1, 2017August 30, 201726 CommentsBusiness Advisory, Grievance Redressal, RERA ConsultingRERA fees in Noida, RERA in Noida, RERA registration in Noida

Having its own fast growth and real estate charm, Noida deserve a separate analysis of RERA registration requirement stating related...

AdminJune 19, 2017June 21, 20170 CommentsGrievance Redressal, RERA ConsultingProjects Under RERA, Real Estate, RERA Consulting, RERA-Registration

The real Estate projects that are ongoing and have not received completion certificate or occupancy certificate, on the date of...

AdminJune 19, 2017June 21, 20170 CommentsGrievance Redressal, RERA ConsultingReal Estate, Real Estate Projects, RERA Consulting, RERA-Registration

every promoter shall get the eligible real estate project, registered with RERA authority before sale/promotion/advertisement/booking etc.

Himani GuptaJune 6, 20172 CommentsGovernment Advisory, Grievance RedressalAadhaar, National Pension Scheme, NPS

NPS subscribers can add their Aadhaar numbers online. The Pension Fund Regulatory and Development Authority (PFRDA), the body which manages...

Himani GuptaJune 3, 2017June 3, 20174 CommentsGovernment Advisory, Grievance RedressalGovt Initiative, Govt Insurance Scheme, Pradhan Mantri Jeevan Jyoti Bima Yojana

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a one-year life insurance scheme, renewable from year to year, offering coverage...

NEHA GOYALMay 27, 2017May 29, 20170 CommentsGovernment Advisory, Grievance Redressalabroad, apostille, attestation, eSanad, students

The Indian government has launched an online system, called eSanad for document attestation.

Himani GuptaMay 3, 2017May 10, 20170 CommentsBusiness Advisory, Government Advisory, Grievance Redressal, RERA ConsultingReal Estate, RERA

The government has described the implementation of the consumer-centric Act as the beginning of an era where the consumer is...

Himani GuptaApril 28, 20170 CommentsGovernment Advisory, Grievance RedressalGovernment Schemes, Pradhan Mantri Mudra Yojana

All loans under MUDRA are disbursed on a collateral free basis. This implies that the borrowers who could not apply...

NEHA GOYALApril 12, 2017April 12, 20170 CommentsGovernment Advisory, Grievance Redressal, Tax Advisory, Tax Planningcbdt, PAN, TAN

CBDT has tied up with Ministry of Corporate Affairs (MCA) to issue Permanent Account Number (PAN) and Tax Deduction Account...

NEHA GOYALMarch 22, 2017March 22, 20170 CommentsGovernment Advisory, Grievance Redressal, Tax Advisory, Tax Planning

The government has proposed to make Aadhaar card mandatory for filing income tax return and also applying for permanent account...

Himani GuptaMarch 14, 20178 CommentsBusiness Advisory, Grievance Redressal, Registration And ComplianceUdyog Aadhaar, Udyog Aadhar Registration

In 2015, govt decided to put in place the Udyog Aadhaar, which ensures easy registration and a wider coverage of...

Himani GuptaFebruary 27, 2017February 27, 20170 CommentsAll For Startup, Business Advisory, Grievance Redressal

Getting a loan from banks at reasonable interest is not an easy exercise. Its wise to avoid common mistakes that...

AdminFebruary 23, 2017February 28, 20170 CommentsGrievance Redressal, Tax Litigation

Finance Bill 2017 introduced a new Section 269ST in the income Tax Act. The new section will impose restriction on...

AdminJanuary 17, 2017February 28, 20170 CommentsGovernment Advisory, Grievance Redressal

Ever since, the demonetization of higher valued Indian currency notes Rs. 500 and Rs. 1000 implemented from 2016, people across...

Online Filing And Processing Of Application For Export Of SCOMET Items

shinerajOctober 21, 2016February 24, 20170 CommentsBusiness Advisory, Cross Border Advisory, Go Global, Grievance Redressal, Invest In India

Presently applications for export of SCOMET items are to be mandatory filed online using digital signature as per Para 2.73...

ESI Scheme And Its Application

shinerajFebruary 24, 2016February 24, 20170 CommentsGovernment Advisory, Grievance Redressal, Legal Advisory

An employer is liable to pay his contribution in respect of every employee and deduct employees contribution from wages bill...

Online Subscriber Registration And Contribution Under NPS

shinerajFebruary 18, 2016February 24, 20170 CommentsGovernment Advisory, Grievance Redressal

In light of Prime Minister’s “Digital India” campaign on promoting e-governance for providing last mile connectivity through extensive use of...

Latest Updates

Our Latest Updates

New Cheque Book by 31st December, 2017 bearing new IFS code.

Bharatiya Mahila Bank, State Bank of Patiala, State Bank of Mysore, State Bank of Bikaner and Jaipur, State Bank of...

A 3 Month Window For Relief of Disqualified Directors by MCA

Section 164 of the Companies Act, 2013, provides the events which result in disqualification of directors. For those director who...

I-Bankers blamed by RBI for faulty Project or Loan Appraisals

The Reserve Bank of India (RBI) has censured for faulty project appraisals that has led to the piling up of...

Complaint handling regulations are implemented by IBBI

The complaint handling regulations have been implemented by Insolvency and Bankruptcy Board of India (IBBI). In the procedure, the complaint...

10,000 Applications filed for GST Refunds by Exporters

Last month the Central Board of Excise and Customs (CBEC) started Goods and Services Tax (GST) refunds for exporters who...

Strict action to be taken against devious Accounting Professionals

Government is setting up an independent body, National Financial Reporting Authority (NFRA) to check Financial Statements, prescribe Accounting Standards and...

Separate application not needed for PAN in MCA from November 4

To simplify the Incorporation related process for the ease of doing business to stakeholders, MCA will be dispensing with the...

7th Pay Commission provides Salary hike to teachers

The central government cleared the pay commission recommendation for revision in salaries for teachers and academic staff. There is good...

RBI’s New Rule: A Blessing for Customers

Reserve Bank of India (RBI) has published new rules that apply to all cards (Debit/Credit/Prepaid), Net-banking, e-Wallets/Payment Bank Account, fund...

Now Aadhar Mandatory for Opening Bank Account, Transaction over 50K

The government has ruled that opening a new bank account as well as making any financial transactions equal to or...

Cases Of Sudden Spike In Income Would Be Identify By I-T Department

At the time of filing revised tax returns who showed a sudden spike in income after demonetization should now prepare...

Top Economist Criticised The RBI Inflation Math And Its Decision Not To Cut Interest Rates

Tensions boiled between a central bank and Prime Minister Narendra Modi's government as Asia's third largest economy faces its weakest...

Central Bank's Decision To Leave The Repo Rate Unchanged

RBI signals end to rate cuts as inflation risks rise RBI keeps policy rate on hold, with eyes on inflation...

GDP Growth Rate of 7-8% is Reasonable as per Indian Standards

On Thursday, while maintaining that the decline in fourth quarter GDP print cannot be attributed to demonetisation alone, Finance Minister...

In Just One SMS, Link Your Aadhaar With PAN

The Income Tax Department said taxpayers to link their Aadhaar with their PAN, using an SMS-based facility. Department issued advertisements...

To Get Full Benefits of Pm Insurance Schemes, Enroll Till 1st June

Individuals who are a part of PM Jeevan Jyoti Yojana would receive the SMS says “Dear customer, your PM Jeevan...

EPFO reduces provident fund contribution from 12% to 10%

EPFO is lower the EPF contribution by both employers and employees to 10% from 12%. Ministry of Labour suggested reducing...

To Improve Service Delivery, EPFO Reduces Claim Settlement Period

Retirement fund manager EPFO reduced stipulated period for settlement of various claims such PF withdrawal, pension and insurance to 10...

Pressures on property prices will remain in Delhi-NCR

The good days of real estate in Delhi-NCR are not currently returning. Although the property market is recovering after the...

Sale of extended Housing Projects after the Demonetisation

Chamber of low-cost housing projects after Demonetisation. In the January-March quarter this year, home buyers had to face the difficulties...

Now Bank will be able to Start the loan recovery Process before 90 Days

A senior government official said that recent amendments in banking rules will help bank solve the problem of debt deferred...

Disclosure of Cancelled Notes Post-Demonetisation: ICAI

At the time of demonetization ICAI asked it members to ensure that companies have made adequate disclosures of transactions involving...

Air Travel Can Be Expensive as Government May Increasing PSF

There may be slight increase in the Passenger Service Fee (PSF) given by the air travelers. The reason for this...

The government is selling Aadhaar as a Panacea for all Ills

The government is selling Aadhaar like “herbal medicine” — a panacea for all ills, from black money to terrorism to...

Central Government said to State Government to stop accepting Electricity bill Payments in Cash

The central government said to stop accepting electricity bill payments in cash and move to digital mode, a move that...

Employees' State Insurance Corporation (ESIC) Registration

Employees' State Insurance Corporation (ESIC) provides monetary and medical benefits to Employees in case of sickness, maternity and employment injury...

Without Medical Certificate Employees can withdraw EPF

The Employees'' Provident Fund Scheme 1952 is amended to do away with the requirement of submission of various certificates and...

Service Tax Returns Filing Date Extended To 30th April 2017

The date of submission of the Service tax return (Form ST-3) for the period from 1st October 2016 to 31st...

Banks Charge a lot of fees on Customers for Services, Is it Justified?

There was outrage on social media on how Indian banks are turning into vampires. State Bank of India announced penalties...

New plans major policy to promote e-vehicles by Modi Government

Communities that encourage electric vehicles take an important step toward a clean energy future. By developing an installed base of...

Rural Households Is a Part Of Easy Credit Scheme Launch By Government

The government is redrawing a micro-credit programme to help pull rural households out of poverty. The proposal is to lend...

Your Bank Account Would Be Blocked, If Not Self-Certified Before April 30

Bank accounts opened between July 1, 2014 and August 31, 2015 need to submit self-certification by April 30 to comply...

It’s Good to Have Real Aadhaar, But Fear Of Biometric Theft Is There

As far as identification technology for citizens goes, nothing in the world rivals or even comes close to Aadhaar. The...

Link Your Aadhar with Your Bank Account by 30th April

Accounts opened from July 2014 to August, 2015 will have to submit know your customer (KYC) details and their Aadhaar...

Rupee Falls More, Higher Equities Contain Damage

Dealers said dollar flexing muscles overseas and its increased demand from importers put the squeeze on the rupee. The cup...

New subsidy scheme for home loan borrowers

Home loan borrowers have had a lot to cheer about lately. Banks have cut lending rates by 1-1.2 percentage points...

RBI drift from rate focus, targets cash surplus, health of banks

The Reserve Bank of India (RBI) on Thursday maintained status quo on policy rate by leaving the repurchase rate (or...

The Centre is examining a proposal from the RBI to introduce Rs 200 note

The Centre is examining a proposal from the Reserve Bank of India (RBI) to introduce Rs 200 denomination currency notes...

Again People Have To Be Worried About Note Crunch

If you were greeted by empty automatic teller machines (ATMs) over the past few days, it is not because there...

RBI likely to maintain status quo on April 6

Hardening inflation and global developments may prompt the Reserve Bank to opt for status quo at its first bi-monthly monetary...

Interest Rates lowered by 0.1% on Small Saving Schemes

The government has lowered interest rates on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi scheme by...

Demonetisation: Deadline for depositing, exchanging scrapped notes in RBI ends today

The deadline for depositing and exchanging scrapped Rs 500 and 1000 notes for Indian citizens who were abroad during November-December...

GST Bills introduced in Lok Sabha, to be cleared on Wednesday

The four Bills that would operationalise the rolling out of the Goods and Services Tax (GST) were tabled in the...

Aadhaar now needed for mobile connection

The Department of Telecommunications on Friday issued a notification, directing all phone service providers to reverify details for all existing...

Government removes 1% tax on cash purchase above Rs 2 lakh

The government today removed the 1% tax on cash purchases above Rs 2 lakh, after putting a limit on transactions....

Cabinet Approved Amendments Customs & Excise Act, Incurring 65,000 Crore Loss

The Union Cabinet has approved amendments in the Customs and Excise Act relating to abolition of cesses and surcharges on...

US indefinitely bans electronics on non-stop flights from eight countries

The U.S. government is temporarily barring passengers on certain flights originating in eight other countries from bringing laptops, iPads, cameras...

Soon, you could withdraw up to 90% from PF account to buy your dream home

Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to...

Approval has been given to RBI to print plastic Rs. 10 notes, says government

Five cities across the country with diverse geographical and climatic conditions will be the first to start using plastic bank...

2% hike approved by Cabinet on Government employees and pensioners

The Center today increased dearness allowance and dearness relief to 4% from existing 2% from January 1, 2017, benefiting 48.85...

The Specified Bank Notes (Cessation of Liabilities) Act, 2017

The Government of India notified the Specified bank Notes (Cessation of Liabilities) Act, 2017 in the Public interest for the...

RBI lifts all cash withdrawal limits from 13th March 2017

Reserve Bank of India (RBI) on 13/03/2017 lifted all restrictions on cash withdrawals from savings bank accounts imposed on November...

IMPACT OF DEMONETISATION ON MACROECONOMIC

Demonetization is a generations memorable experience and is going to be one of the economic events of our time. Its...

Stamp duty on Affordable homes may be abolished

Affordable houses may soon be exempt from stamp duty, which varies between 4% and 8% of the transaction value. Stamp...

Striving of NRIs in Exchanging demonetised notes

Non-resident Indians (NRIs) their passports to enter Reserve bank of India to exchange their demonetised currency notes. (NRIs) visiting India,...

Railways to make Aadhaar mandatory

The railways will soon move towards Aadhaar-based online ticketing system to prevent touts from blocking bulk tickets, end fraudulent bookings...

Nearly 500 people arrested for staging demo against PM

Nearly 500 members of various outfits were arrested here today when they attempted to stage a demonstration against Prime Minister...

Bank Lending and Loan Quality: The Case of India

The Reserve Bank of India today placed on its website a Working Paper titled ‘Bank Lending and Loan Quality: The...

BJP ruled states -top the World Bank's rankings

World Bank in a new report has ranked all BJP ruled states as the best places to do business in India....

Master Direction for Monitoring of Frauds in NBFCs (Reserve Bank) Directions, 2016

The Reserve Bank of India has issued Master Direction for Monitoring of Frauds in NBFCs (Reserve Bank) Directions, 2016. These Directions shall...

Voila! CBEC launched GST mobile app

Central Board of Excise and Customs (CBEC) has launched a mobile application for Goods and Services Tax (GST). This app enables...

Failed to reply of cash transaction above Rs 5 Lakh during demonetization may lend you in trouble

If you received an email or SMS from Income tax department between November 9 and December 30, 2016 and not...

RBI increase weekly cash withdrawal limit to Rs. 50,000

Submitted by Pushpender Tyagi on 21/02/2017 The Reserve Bank of India on Monday increased the weekly limit on withdrawal of...

Centre names Viral Acharya as RBI deputy governor

The Central Government has, through notification F No. 7/1/2012-BO-I (Pt.) dated December 28, 2016, appointed Dr. Viral V. Acharya, currently...

Cash withdrawal from ATMs – Enhancement of daily limits

On a review of the position, the daily limit of withdrawal from ATMs has been increased (within the overall weekly...

BHIM App Launched, PM Narendra Modi Says World Will Google For It.

In keeping with his push to steer India towards a digital economy, Prime Minister Narendra Modi on Friday launched a...

Loans to be cheaper as SBI slashes rate

State Bank of India (SBI), the country’s largest lender, has reduced its marginal cost of funds based lending rate (MCLR)...

‘Online marketplaces offering discounts after inflating MRP’

Submitted by business_centrik on 14/02/2017 A new survey has revealed instances of online marketplaces window-dressing the discounts they offer by quoting product...

From Feb. 1, SB account holders can withdraw ₹24,000 from ATMs in one go

Submitted by business_centrik on 31/01/2017 All limits on cash withdrawals from current accounts removed with immediate effect. The Reserve Bank of India...

Enhancement of withdrawal limits from ATMs and Current Accounts

Submitted by business_centrik on 16/01/2017 The limit on withdrawals from ATMs has been enhanced from the current limit of ₹ 4,500/- to...

Petrol pumps defer decision to not accept card payments

Submitted by business_centrik on 09/01/2017 Hours after deciding to refuse card payments at fuel pumps from Monday to protest some banks levying...

SBI to launch its own version of digital only bank soon

Submitted by business_centrik on 06/01/2017 The country's largest lender State Bank of India will take the lead among state-run lenders to launch branch...

CBSE for making Class X board exams mandatory

The Governing Body, the highest decision making body of the Central Board of Secondary Education (CBSE), has approved the restoring...

"Meri Ladli" a new initiative under Beti Bacchao Beti Padao

People should start believing that girls are no less than boys. A new initiative "Meri Ladli"has been started to save the girl child...

Beti Utsav

To increase awareness about BBBP scheme, various steps are being taken by state and central government.Under Beti Bachao Beti Padao Scheme,...

Rural Development is in progress

A lot of schemes have been started for development in rural sector, but these schemes can achieve its target or not? "The...

e-Nam mobile app for farmers

Union Agriculture and Farmers Welfare Minister,Shri Radha Mohan Singh launched e-Nam mobile app for farmers to connect trading markets for farmers benefits.It...

Amendments in Notification no. 157/1990-Customs dated 28th March 1990

The Government vide Notification no. 58/2016-customs dated 5th October 2016 has made amendments in Notification no. 157/1990-customs dated 28th March 1990...

Rate of exchange of conversion of the foreign currency with effect from 7th October, 2016

Rate of exchange of conversion of the foreign currency with effect from 7th October, 2016 conversion.pdf

NITI Ayog to organize first global conference

NITI Ayog will oranise its 1st global conference on National Initiative towards Strengthening Arbitration and Enforcement in India.This conference is...

RBI revised the withdrawal limits

RBI vide its circular dated 13.11.2016 has increased the limit for exchange of Specified Bank Notes, over the counter from...

Cash withdrawal for purpose of celebration of wedding

Keeping in view the wedding season RBI vide its circular dated November 21, 2016 has decided to allow higher limits...

RBI withdraws the Incremental CRR

Reserve Bank of India vide its notification dated December 07, 2016 hereby withdraws the requirement by all Scheduled Commercial Banks/...

Requirement of customer due diligence

RBI has directed that operation in dormant accounts with banks may be allowed after due diligence as per risk category...

RBI precautions for bank accounts under Jan Dhan Yojana

For protecting the innocent farmers and rural account holders of PMJDY from activities of money launders and legal consequences under...

Relaxation in withdrawal of cash from bank deposit accounts

RBI has allowed withdrawals of deposits made in current legal tender notes on or after November 29, 2016 beyond the...

Requirement for maintaining additional CRR

Reviewing the current liquidity conditions after the withdrawal of legal tender status of ₹ 500/- and ₹ 1000/- denominations of...

No over the counter exchange of SBNs after midnight of November 24, 2016

RBI vide circular dated November 24, 2016 has decided that no over the counter exchange (in cash) of SBNs will...

Signing of Four Unilateral Advance Pricing Agreement by CBDT

The CBDT has recently entered in four more advance pricing agreement on 22nd and 23rd November, 2016. With this signing...

RBI making cash available for Rabi Crop Season

As the Rabi crop season has already commenced and it is imperative that farmers are adequately supported financially to ensure...

RBI revised the withdrawal limits for Farmers & Traders

Submitted by business_centrik on 22/11/2016 RBI vide its circular dated November 21, 2016 has allowed farmers to draw upto ₹...

RBI revised the Exchange limits of SBNs over the counter

RBI has decided that the limit of exchange of SBNs in cash, across the counter of the banks shall be...

Withdrawal limits for Weddings and Farmers

Central Government has decided to permit families celebrating weddings to draw upto Rs. 250,000/- in cash from their own bank...

Delay in daily reporting of banks to RBI

RBI vide its circular dated November 08, 2016 has specified all the banks to send daily report to RBI with...

Standard Operating Procedure (SOP) for putting indelible ink on the finger of the customers coming to a bank branch for SBNs

RBI vide its circular dated 15.11.2016 has expressed the need to put in place a Standard Operating Procedure (SOP) for...

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