Tuesday, 30 April 2024

BANKING & FINANCE CA IN APRIL 2024

From 1st APRIL 2024, The New Tax Rule Will Implement. 

* Up to 3 Lakh - Zero Tax 

* 3-6 Lakh - 5% 

* 6-9 Lakh - 10% 

* 9-12 Lakh - 15% 

* 12-15 Lakh - 20% 

* 15 Lakh+ - 30% 

India's Gross Goods And Service Tax Collected 1,78,484 Lakh Crores In March 2024.

( 12.5% Of February 2024) 

 Paradip Port (Odisha) Has Become The Highest Cargo Handling Major Port In India Overtaking Kandla Port With 145.38 MMT Cargo In Financial Year 2023/24.

World Bank Projects Indian Economy To Grow At 7.5% In 2024. 

National Stock Exchange (NSE) Introduced Four New Indexes With Effect To 8th April 2024. 

( NIFTY TATA CAP 25) 

(Nifty Multi Mfg)

(  Nifty Multi Infra)

( Nifty Mid Sml Hlth).

Jawaharlal Nehru Port Authority (JNPA) Has Achieved Records Highest Ever Throughput Of 6.43 Million TEUs In Financial Year 2023/24.

Reserve Bank Of India ( RBI) Governor Shaktikanta Das Presented The First Bi-Monthly Monetary Policy Of Financial Year. 

* REPO Rate Remains Unchanged At 6.5%. 

* CPI Inflation For The Current Financial Year 2024/25 Is Projected At 4.5%. 

* Real GDP Growth For Current FY 2024/25 Is Projected At 7%. 

* Marginal Standing Facility Rate & Bank Rate Remains At 6.75%. 

* Standing Deposit Facility Rate Remains Same At 6.25%. 

* India's Forex Reserves Reached All Time Highest Of USD 645.6 Billion As Of March 29th 2024. 

 Reserves Bank Of India (RBI) Declared Approximately 50 Lakhs Users Using The Central Bank Digital Currency (CBDC). 

 199.89 Trillion Transaction Done Through UPI In Financial Year 2023/24.

HDFC Became The First Private Bank To Open Branch In Lakshadweep.

 IndiGo Has Became The World's Third Largest Airline By Market Capital.

ASIAN Development Bank Has Forecast India's Growth In 2024 7.0% & 7.2% in 2025 Respectively.

India's Index Of Industrial Production Grows By 5.7% In February 2024.

Singapore Retained The Top Spot For The Best Place To Conduct Business For The 16th Consecutive Year Reported By EIU.

Byjus CEO Arjun Mohan Resigned From The Post.

India's Overall Exports Are Estimated To Reach 776.68 Billion Dollars, In The Financial Year 2023/24.

International Monetary Fund ( IMF) Projected India's Economic Growth To 6.8% In 2024. 

 India Exported Record Of 48.86 Tonnes Of Oil Meal In Financial Year 2023/24.

Reserve Bank Of India (RBI) Has Banned Bank Of Baroda World App.

India's Net Direct Tax Collection Estimated For Financial Year 2023/24 Is RS. 1.35 Lakh Crores, ( 7.40%).

* Gross Direct Tax Collection For Financial Year 2023/24 At 23.37 Lakh Crores ( Which Is 18.48% Growth).

Reliance Jio Emerges As World's Largest Mobile operator In Data Traffic, Surpassing China.

 India's Drug And Pharmaceutical Exports Increases In 2023/24 ( $ 27.9 Billion) 9.67% Increases.

* Reserves Bank Of India (RBI) Has Barred Kotak Mahindra Bank  For Issuing New Credit Card.




NAVARATNA STATUS - 

National Fertilizer Limited Has Recived The NAVARATNA Status. 


INSURANCE - 

* IREDA Sets a New Record Achieved The Highest Ever Loan Sanctions And Disbursements. 

Insurance Regulatory Authority Of India (IRDAI) Has Removed The Age Limit Of 65 Years For Individuals Buying Health Insurance Policies.


INAUGURATION - 

Prime Minister Narendra Modi Released A Commemorative Coin Of Rs 90 On The Occasion Of Completion Of 90 Years Of RBI.


AWARDS - 

REC Wins The SKOCH ESG Award 2024 In Renewable Energy Financing Category.

 THE IDEA OF DEMOCRACY Book Author - Sam Pitroda 

Kapil Bhatia Has Been Honoured With The Lifetime Achievement Award At Hotel Investment Conference South-Asia 2024.

INDIA Renewable Energy Development Agency Limited (IREDA) Has Gets The Status Of NAVARATNA From Department Of Public Enterprises (DPE).


PORTAL,APP - 

SEBI launched A New User Friendly Version Of Complaint Redress System - SCORES 2.0 

Reserve Bank Of India (RBI) Has Launched The New Mobile Application And Website.

 Canara Bank Introduced A New Saving Account Scheme For WOMEN Named CANARA ANGEL.

Former CEO of Bharat Pe Ashneer Grover Has Launched A New Payment Site Zero Pay.

Aditya Birla Capital Launched ABCD Fintech App.

Paytm Launched New Made In India Sound Box For UPI, And Credit Card On UPI Payment.

Bharat Pe Launched Bharat Pe One An All In One Payment Product (Including POS, QR, Speaker Into Device).

* Razor Pay And Airtel Payment Bank In Association Launched UPI SWITCH Platform.

* SBI CARDS Launched Retail Credit Card SBI Card MILES.


MOU SIGNED - 

Bharti Airtel Has Signed Pact With Dialog Axiata And Axiata Group Berhad To Merge Its Srilanka Operations In Stock Deal/. 

Tata Power Solar System (TPSS)  Has Joined Hand With Indian Bank To Drive Solar Rooftop Adoption In Residential Segment Under The PM SURYA GHAR MUFT BIJLI YOJANA.

 IIT KANPUR And Ericsson Have Signed Two Year Strategic Partnerships In Financial Services And Fintech.

Tata Motors Has Tied Up With South Indian Bank For Financial. solutions.


APPOINTMENTS - 

* Madhabi Puri Buch, Chairperson Of The Securities And Exchange Board Of India ( SEBI) Has Become The First Woman To LEAD SEBI. 

Atul Mishra Has Been Appointed As The New MD And CEO Of Axis Capital.

Dr. Shankari Murali Has Been Appointed As The Chairperson Of Controller General Of Accounts (CGA).

* Sanjai Singh And Jaspal Kaur Have Been Appointed As The Member Of CGA.

Rakesh Mohan Has Been Appointed As The World Bank Economic Advisory Panel.

Srinivas Pallia Has Been Appointed As The New CEO, MD Of WIPRO.

 Vinod Francis Has Been Appointed As The CFO Of SOUTH INDIAN Bank.

Manoj Panda Has Been Appointed As The New Member Of 16th Finance Commission.

Tarun Bajaj Has Been Appointed As The New Head Of The US-India Tax Forum.

Sanjay Shukla Has Been Appointed As The New Managing Director Of National Housing Bank (NHB).

* Manoj Mittal Set To Be New Chairman And Managing Director Of SIDBI.

 V Balakrishnan Has Been Appointed As The New CFO Of General Insurance Corporation.

Nalin Negi Has Been Appointed As The New Chief Executive Officer (CEO) Of Bharat Pe.

* Prem Chand Kumar Has Been Appointed As The Chief Technical Officer (CTO) Of Punjab And Sindh Bank For Next 3 Years.

* Jayant Balchandra Manmadkar Has Been Appointed As Chief Financial Officer (CFO) Of Brigade Enterprises.

Arun Maheshwari Has Been Reappointed As The Managing Director And CEO of JSW INFRA.

Santosh Viswanathan Has Been Appointed As The Intel's Business Head In INDIA.

* Azim H Premji Has Been Re Appointed As The Non Executive, Non Independent Director Of Wipro For Next 5 Years.

* Rishad A Premji Has Been Re Appointed As The Whole Time Director Of Wipro.

Pankaj Mohan Power To Take Charge As MD Of Reliance Jio.

 Ajith Kumar KK Has Been Appointed As CEO Of Dhanlaxmi Bank. 

 Financial Service Institution Bureau (FSIB) Recommend Rana Asutosh Kumar Singh As Managing Director Of SBI.

* Financial Service Institution Bureau (FSIB) Has Recommend Asheesh Pandey As INDIAN Bank MD & CEO.

Shri T Rabi Shankar Has Been Reappointed As The Deputy Governor Of RBI. 

 Amitabh Chaudhary Has Been Reappointed As The MD & CEO Of Axis Bank for Next 3 Years.

BHEL Appoints Koppu Sadashiv Murthy As Its CFO.

 V Vaidyanathan Has Been Appointed As The MD & CEO Of IDFC First Bank For Three Years.

Sunil Agarwal Has Been Appointed As The CFO Of Jindal Steel.

Satnam Singh Lamba Has Been Appointed As The COO Of Gland Pharma.

DOWNLOAD THE PDF LINK GIVEN BELOW 

https://drive.google.com/file/d/1t38PsrHX6xRgOK0AxaoLl3cAFHOa97kb/view?usp=drive_link


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LIST OF INDIAN STATES AND CAPITALS FOR ODISHA POLICE EXAM 2024

 https://docs.google.com/document/d/1kqTCQoKnLLdEFOyEdnxs0L1xxT2Jdz5_UvX_iv-birw/edit?usp=sharing

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