Hello friends, This is the Updates of Banking Awareness April 8 2017. This will helpful for tackling Banking awareness section in SBI, IBPS, SSC, UPSC Exams.
Rajya Sabha passes GST bill without amendments
Will be active from July 1st
The Rajya Sabha passed the historic Goods and Services Tax (GST) bill without any amendments.
The Lok Sabha had passed four key GST Bills on March 29 while rejecting amendments moved by the opposition.
India, Israel sign defence deal
inked deals about $2 billion
India and Israel on inked mega defence deals worth over $2 billion for advanced surface-to-air missile systems.
The second deal to be inked was for a similar SAM system to be fitted on board the 40,000-tonne indigenous aircraft carrier INS Vikrant being built at the Cochin Shipyard.
Online tax filing portal for GST
GSP (GST Suvidha Provider ) taxation solution
Online tax filing portal ClearTax.com announced that it has developed a technology platform to help businesses comply with the provisions of GST law.
It’s a multi GSP (GST Suvidha Provider ) taxation solution and it helps to monitor one billion invoices which will be generated once the GST comes into action.
Germany to launch cyber command centre
CIR will start off with 260 IT specialists
Germany is the first NATO state to launch a “self-contained” cyber command unit designed to shield IT and weapons systems from growing attacks.
The Bundeswehr’s Cyber and Information Space (CIR) boasts a status equal to that of the army, navy, and air force.
CIR will start off with 260 IT specialists, but will grow to 13,500 military and civilian personnel by July.
Free legal aid in triple talaq cases
PK Haneefa to provide legal assistance to divorced women.
Women in Kerala divorced through the Islamic tradition of triple talaq can now receive free legal aid sponsored by the state government.
Kerala’s minority commission constituted a special committee under retired judge PK Haneefa to provide legal assistance to divorced women.
It also set up a toll free helpline number (0471-2315122).
Geo tag for RKVY assets
geo-tagging process of all assets of RKVY
The government has decided to geo-tag all assets like farm ponds, soil testing labs and seed godowns created under the Rashtriya Krishi Vikas Yojna (RKVY) for their better utilisation.
A MoU regarding this was signed between the National Remote Sensing Centre and RKVY.
NRSC officials said that it will complete the geo-tagging process of all assets of RKVY by end of 2017-18 financial year.
South Indian Bank, Flyworld Money in pact for remittances
Facilitate remittances by Indian expatriates in Australia
South Indian Bank has entered into an agreement with Flyworld Money Exchange to facilitate remittances by Indian expatriates in Australia. Through this tie-up, NRIs in Australia could enjoy quick and cost-effective remittances to India using the SIB Express facility. Using this facility, NRIs can now remit funds with ease to any commercial bank in India. SIB has a correspondent banking arrangement with National Australia Bank for remittances to India.
Equal pay for men and women – mandatory in Iceland
iceland is ranked No.1 in WEF, 2015
Recently, a bill has been passed in the Irish Parliament of Iceland regarding equal pay for men and women in the country. The main aim is to abolish the gender inequality among the citizens. This will also be applicable to the discrimination on race, religion, caste, age, disability etc. Iceland ranks first in the World Economic Forum, 2015.