Market economics) Current Affairs, GK & News

SBI launches a unified integrated app YONO (You Need Only One) for financial services

The State Bank of India (SBI) has recently launched a unified integrated app YONO (You Need Only One) that would offer all kinds of financial and lifestyle products. The omni-channel platform will allow customers to meet their lifestyle needs across 14 categories from booking cabs to paying for medical needs — all under one roof. ..

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Tower companies get respite from paying license fee

Department of Telecommunications (DoT) has provided some relief to tower firms by keeping suspended the proposal to bring telecom infrastructure providers under the uniform annual license fee rule. It implies that companies such as GTL Infrastructure, Indus Towers and American Tower Corp (ATC) will not have to pay any license fee on their income (generating ..

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Advance Pricing Agreement Scheme gets clearance of FM

Finance ministry approved the Advance Pricing Agreement (APA) scheme, related to transfer pricing regulations. The APA scheme, proposed in Budget 2012-13, is being considered as one of the major industry-friendly initiatives. The finance ministry’s green signal to the provisions devised by the Central Board of Direct Taxes (CBDT) would assist implementation of the APA scheme ..

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