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Santosh Kumar Gangwar News
Santosh Kumar Gangwar
ESIC Decisions: Contribution rates for employees, employers reduced; income limit for medical benefits raised
Sat, Feb 23, 2019
It has been decided that the ESIC will acquire an additional land of 10.56 acres abutting already allotted land of 8.58 acre at Sheelanagar, Visakhapatnam. On this land, 500 bedded ESIC Model Hospital with Super Specialties will be constructed.
Government introduces bill to increase gratuity limit, maternity leave period
Wed, Dec 20, 2017
As per the bill, the gratuity limit of the private sector employees will be raised to Rs 20 lakh in line with that in the government sector. Labour minister Santosh Kumar Gangwar introduced the Payment of Gratuity (Amendment) Bill, 2017 in the House.
Using NPCI platform; EPFO will transfer your PF money faster
Sat, Nov 25, 2017
The board took note of the 10 requests from ineligible establishments for waiver of damages during the period May 20, 2017 to September 30, 2017 which were earlier rejected by EPFO.
EPFO approves proposal to credit ETF units to PF accounts
Fri, Nov 24, 2017
Retirement fund body EPFO today approved a proposal for crediting exchange traded fund (ETF) units to provident fund accounts of its 4.5 crore members. Employees' Provident Fund Organisation (EPFO) subscribers would be able to see ETF units in their PF accounts by March- end next year.
Govt is working on simplifying labour laws: Santosh Kumar Gangwar
Sun, Sep 17, 2017
Asserting that workers are backbone of the economy, Gangwar said it is for the first time that minimum wages have been enhanced for all sectors, including agriculture and construction.
11 lakh PANs deactivated: Is your PAN active? Here's how you can find it
Mon, Aug 07, 2017
PAN which is a key identifier of taxable entity and aggregator of all financial transactions are being detected by the IT-department.
6 steps Govt took to control Benami transactions
Wed, Jul 26, 2017
Santosh Kumar Gangwar, Minister of State for Finance in written reply to a question in Rajya Sabha, mentioned about five big steps, the government took:
Banks lost Rs 180 crore to dacoity, burglaries in three years
Tue, Jul 18, 2017
Private sector players ICICI Bank Ltd, Axis Bank and HDFC Bank Ltd respectively lost Rs 17.25 crore, Rs 37.34 crore and Rs 10.21 crore in such incidents.
SBI's various charges on cash withdrawals; here's the list
Tue, Jul 18, 2017
As per SBI the charges are levied for the cost involved in handling the transaction and the attendant work. Govt has received various complain from public in regards to imposition of charges on frequent banking.
Govt issues notices in 140 cases of benami properties worth Rs 200 crore
Fri, Mar 24, 2017
In a written reply to Lok Sabha questions, Santosh Kumar Gangwar, Minister of State in the Ministry of Finance on Friday said that the government has issued notices in 140 cases of benami property.
Cabinet clears four GST-related bills
Tue, Mar 21, 2017
The four Bills have been earlier approved by the GST Council after thorough, clause by clause discussion over 12 meetings of the Council held in the last six months.
Arun Jaitley tells parliament: 9,130 wilful defaulters owe Rs 91,155 crore to banks
Fri, Mar 17, 2017
Jaitley said that from out of the all the defaulters, suits against 8,364 have been filed with loan amounting to Rs 85,258 crore. FIRs on 2,024 defaulters with loan of Rs 29,557 crore have been initiated, the parliament was told.
Demonetisation: Steady activation of debit cards to boost ATM volumes for PSBs
Tue, Dec 20, 2016
Post demonetisation, Indian banks especially public banks are expected to see growth in the ATM volumes led by steady activation of debit cards.
Even if 15-20% of transactions are cashless, it will be an achievement, says Santosh Kumar Gangwar
Sun, Dec 18, 2016
Union Minister Santosh Kumar Gangwar has said the government never talked of going 100% cashless, but even if the country achieves 15-20% success in going cashless it will be a big achievement.
Top 100 borrowers owe PSBs Rs 14 lakh crore: Govt
Tue, Aug 09, 2016
Government today said the top 100 borrowers of public sector banks owe nearly Rs 14 lakh crore to them.
Undisclosed income of over Rs 22,000 crore unearthed over past 2 years
Tue, Jul 19, 2016
The Income Tax (IT) Department conducted searches in 990 groups of assessees during last 2 years.
NPAs ratio in public sector banks up 9% in FY16
Tue, Jul 19, 2016
Bad loans in the public sector and scheduled commercial banks of India have risen in FY16 on the back of sluggish domestic growth, slowdown in recovery of the global economy and fall in exports.
WATCH: Top 5 stories of this evening; From Gangwar, Meghwal taking charge in Finance Ministry to Messi's jail term
Wed, Jul 06, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this evening: 1. Gangwar, Meghwal take charge in Finance Ministry