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Showing posts from June 2, 2023

UPI after 2000 notes demonitasation

 UPI after 2000 notes demonitasation After the demonetization of the 500 and 1000 rupee notes in India in November 2016, the Unified Payments Interface (UPI) gained significant traction as a digital payment method. UPI was introduced by the National Payments Corporation of India (NPCI) in 2016, and it enables instant money transfers between bank accounts through mobile devices. While UPI was launched before the demonetization, it gained popularity in the aftermath of the currency ban. The demonetization drive was aimed at curbing black money, counterfeit currency, and promoting digital transactions. Following the demonetization, there was a significant cash shortage in the country, and people turned to digital payment methods like UPI to carry out transactions. After the introduction of UPI, several banks and payment service providers developed mobile applications that allowed users to link their bank accounts and transfer money seamlessly. UPI transactions can be initiated through...

Jaiib

 JAIIB (Junior Associate of the Indian Institute of Bankers) is an important certification program conducted by the Indian Institute of Banking and Finance (IIBF) for individuals working in the banking and finance industry in India. ABM (Applied Bank Management) is one of the subjects covered in the JAIIB program. ABM focuses on various aspects of banking management, including the functions and roles of banks, marketing of banking products and services, customer relationship management, human resource management, and risk management. The subject aims to provide a comprehensive understanding of the principles and practices of bank management in the context of the Indian banking system. The ABM syllabus covers topics such as: Introduction to Bank Management Functions and Roles of Banks Banking Technology Marketing of Banking Products and Services Customer Relationship Management Human Resource Management Risk Management in Banks Basel Norms and Risk Management Role of Information Tec...

New income tax regime

 New income tax regime  . It is home to  income tax regime in India as of my last knowledge update in September 2021. However, please note that tax laws and regulations are subject to change, and there may have been updates since then. I recommend consulting the official website of the Income Tax Department of India or a qualified tax professional for the most up-to-date and accurate information. In India, the income tax regime consists of two options: the old regime and the new regime. Here's a brief overview of both: Old Regime: Under the old income tax regime, taxpayers are eligible for various deductions, exemptions, and allowances provided under the Income Tax Act. These deductions include provisions for housing loan interest, medical insurance premiums, tuition fees, etc. Taxpayers can calculate their taxable income after claiming these deductions, and the tax liability is computed based on the applicable tax slabs. New Regime: The new income tax regime was introduc...

Top five places in yamunanagar

 TOP FIVE PLACES IN YAMUNANAGAR  Yamunanagar is a city located in the northern Indian state of Haryana. While it may not be as popular as some other tourist destinations in India, it does offer a few interesting places to visit. Here are the top five places to visit in Yamunanagar: Kalesar National Park: Located on the foothills of the Shivalik Range, Kalesar National Park is a beautiful forest area known for its diverse flora and fauna. It is home to several animal species, including leopards, deer, langurs, and a variety of bird species. The park also has trekking trails, picnic spots, and a serene environment for nature enthusiasts. Adi Badri: Adi Badri is an ancient Hindu pilgrimage site located on the banks of the River Saraswati. It is a cluster of 16 small temples dedicated to Lord Vishnu, dating back to the Gupta period. The temples exhibit exquisite architectural style and are considered important in Hindu mythology. Adi Badri is a serene place for spiritual seekers a...