India social security contributions and widening of the tax regime

In the Indian context, in the absence of a universal state-sponsored welfare scheme, individuals have to rely on provident fund and similar schemes to build their retirement nest

• The next date of the NEET-PG medical entrance exams will be decided later, Union Health Minister Dr Harsh Vardhan said today

• RBI has decided to set up a new Regulations Review Authority (RRA 2.0) to review the central bank’s regulations and compliance procedures
• RBI deputy governor M Rajeshwar Rao has been appointed as the RRA for a period of one year starting 1 May 2021

Citigroup plans to exit retail banking in 13 markets across Asia and the Europe, Middle East and Africa region. The move is part of an ongoing review of the company’s strategy by CEO Jane Fraser, who took over last month

• Amazon India has also pledged to onboard 1 million offline retailers and neighbourhood stores by 2025 through its Local Shops program on Amazon

• In August 2012, Reserve Bank of India said that banks are free to levy charges in BSBD accounts beyond four free transactions, SBI said

• Essential activities including weddings or travel from airports and train stations will be allowed with curfew passes
• Those going to hospitals, railway stations and airports will also be issued curfew passes

The cooperative employs 45,000 women across India, offering them a job for life as 'co-owners' of the enterprise, whose wafer-thin snacks have become a byword for good business and female empowerment in a patriarchal country