Mutual Fund Purchase Transactions
Starting from 1.7.20 Govt. Of India has imposed stamp duty of 0.005% on mutual fund purchase transactions. This duty will apply to all types of mutual funds.
Helping Small Businesses Brace Disruption Caused due to COVID-19
On 24th June, Union Cabinet meeting chaired by PM Narendra Modi approved a scheme for interest subvention of 2% for a period of 12 months, to all shishu loan accounts under pradhan Mandri Mudra Yojana to eligible borrowers. The scheme will incentivize people who will make regular repayments of loans. This move will help small …
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Full-Service Digital Savings Account
Yes Bank on Friday announced full-service digital savings account,eliminating the need for a branch visit,physical documentation on any in-person interaction.The account comes with a virtual debit card,unlocking over 100 features on mobile through yes mobile and web including transactions,fund transfers and online shopping,it said in a statement.
