RRB has announced result of stage 1. Check RRB JE Result 2019 here : https://www.sarkariservices.com/rrb-je-result-2019/
Does anyone want to sell RBI Grade B FM (video+ pdfs) course? please let me know with price.
Dear all, I have bought susheel ragade sir ( enlight education) integrated course mainly focusing on RBI grade B 2019. I have been preparing for this from Jan 2019. Unfortunately some personal reason I shall not be able to give this exam this year. So , I want to sell it at reasonable price. If anybody interested then ping me at my WhatsApp no 8436634209
Key Announcements Of Union Budget 2019-20:
- PAN and Aadhaar will become interchangeable. One can use your Aadhaar number to file I-T Returns soon
- Rs 5 lakh minimum limit announced for taxpayers.
- 3% surcharge hike on an income of Rs 2 crore and 7% on Rs 5 crore and above
- Corporate tax with turnover of up to Rs 400 crore slashed to 25 per cent from a current rate of 30 per cent
- MDR charges waived on cashless payment
- Fiscal deficit in FY 19 at 3.3% of the GDP
- GST rate on electric vehicles lowered to 5%
- Nari tu Narayani: Women SHG Interest Subvention Programme to be expanded to all districts in India
- Rs 1 lakh loan to be provided for SHG women members under Mudra Scheme
- Additional income tax deduction of Rs 1.5 lakh on interest on loans taken to purchase electric vehicles
- Additional deduction of Rs 5 lakh on loans up to March 31 2020 for buying affordable houses, giving Rs 7 lakh benefit to home buyers.
- To provide Aadhaar cards for NRIs with Indian passports, after their arrival in India, with no waiting period.
- Rs 20 coin coming up
- Regulation of HFCs (Housing Finance Cos) to move to RBI from National Housing Bank
- Excise duty on fuel hiked by Rs 1
- To resolve the angel tax issue, startups will not be subject to any scrutiny in respect to valuation. Funds raised by startups will not require any scrutiny by the I-T department.
- TDS of 2% on cash withdrawals exceeding Rs 1 crore in a year from bank accounts, to discourage business payments in cash.
- Period of exemption for capital gains arising from sale of house for investment in startups to be extended to March 31, 2021
- Rs 70,000 crore in recapitalisation for public sector banks
- Rs 1.05 lakh crore disinvestment target for the year.
- TV channel to be launched for promoting startups and to help matchmaking for funds
- Rs 50 lakh crores proposed for Railway infrastructure
- By 2022, the 75th year of Independence, every single rural family, except those who are unwilling to take the connection, will have electricity and clean cooking facility
- The pension benefit will be extended to 3 crore retail traders under PM Karam Yogi Maan Dhan Scheme. It requires only Aadhaar numbers and bank accounts
- Rs 1 crore worth of loans proposed to MSMEs
- 2% interest subvention for GST-registered MSME on fresh or incremental loans
- Investment by FIIs and FDIs in debt securities in infrastructure debt funds to be allowed. Minimum public shareholding in listed companies can be increased from 25% to 35%
- Global Investors Meet to happen in India
U.K. Sinha Committee on MSME’s Economic and Financial Sustainability
A Reserve Bank of India (RBI) committee has suggested a ₹5,000 crore stressed asset fund for domestic micro, small and medium enterprises (MSMEs) in relief to small businesses hurt by demonetization, the goods, and services tax and an ongoing liquidity crunch.
- The committee to study the problems faced by MSMEs was chaired by U.K. Sinha, former chairman of the Securities and Exchange Board of India.
- The RBI had constituted the committee in January to review the current framework for MSMEs and suggest long-term solutions for their economic and financial sustainability.
- Distressed asset fund structured to assist units in clusters where a change in the external environment, e.g. a ban on plastics or ‘dumping’ has led to a large number of MSMEs becoming non-performing assets (NPAs).
Other important recommendation
- The panel said that instead of making MSMEs register with various authorities, the permanent account number (PAN) should be made sufficient for most of their activities.
- It recommended an amendment to the MSMED Act, 2006, requiring all MSMEs to mandatorily upload all their invoices above an amount to be specified by the government, from time to time. This mechanism will entail automatic display of names of defaulting buyers, and also act as moral suasion on buyers to release payments to these suppliers
The report pointed out that small industries faced problems of delayed payments and were reluctant to enforce legal provisions available to them under the MSMED Act due to their low bargaining power.
- The private sector should be incentivized by tax breaks or bonds to help MSMEs build skill sets in areas like product development, technology adoption, and marketing strategy.
The private sector’s contribution to the segment, the committee noted, was minuscule, but the research and development facilities they possessed could be of enormous value.
- The committee suggested that the PSBLoansIn59Minutes Portal should also cater to new entrepreneurs, who might not necessarily possess information, including GSTIN, income-tax returns, and bank statement.
- On restructuring MSME accounts that have turned sour, the committee said an MSME account could be considered for an upgrade to “standard” after six months of satisfactory operation, instead of the current norm of one year. The account must also have additional equity in the business or a new source of cash flow.
The RBI had announced a one-time restructuring scheme for MSMEaccounts in January, but the scheme is basically for accounts that are still standing.
- The committee has also recommended banks that wish to specialize in MSME lending, their sub-targets for farm loans under the priority sector lender could be waived off and instead can be given a target for loans to the SME sector.
The targets, the committee said, could be of 50% of the net bank credit for universal banks and 80% for small finance banks.
At present, the overall priority sector lending target for a universal bank is 40% of their net bank credit and 75% for small finance bank.
- Commercial banks have been suggested that they should develop customized products to assess the financing requirements based on expected cash flows moving away from traditional forms of assessment.
- The committee recommends expanding the role of SIDBI, the apex body responsible for the development of the MSME sector.
SIDBI should deepen credit markets for MSMEs in underserved districts and regions by handholding private lenders such as non-banking financial companies (NBFCs) and microfinance institutions (MFIs).
Further, they must develop additional instruments for debt and equity, which would help crystallize new sources of funding for MSMEs and MSME lenders.
- The committee has recommended a government-sponsored ‘fund of funds’ of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector on modified term sheets developed by SIDBI.
Other suggestions of the committee include;
- Introduction of adjusted priority sector lending (PSL) guidelines for banks to specialize in lending to a specific sector.
- Doubling the collateral-free loan limit to Rs 20 lakh.
- Revision in loan limit sanctioned under MUDRA by the Finance Ministry to ₹20 lakh from ₹10 lakh.
- Providing insurance coverage to MSME employees by the government.
- https://www.facebook.com/groups/rbi.grade.b.prelim.main/
Anyone wants to purchase Edtap's RBI grade b course on sharing basis plz dm me. Will be a group of 2-3 people at max.
I’ve purchased RBI GRADE B FULL course. If anyone wants to share with me for half the price can contact.
DAILY TIME TABLE PREPARING FOR RBI GR B
Proceed with your preparations for both phase simultaneously. If you are preparing full time then a consistent study hour of 6–8 hrs daily is essential . The working person have to devote 3–4 hours on a daily basis for a consistent 8–10 months to finish it up.
It will take 8–10 months for a working person to grasp the syllabus of this exam . The basics will be clear for the commerce students but Arts or Science graduates have to devote more time to clear their basics first then go along with the preparations . As I have already said that you have to proceed with both phase so start it with alternate days for phase I and II. For full timers you can do it in morning and evening shift.
Make it a point that you follow consistent working hours with quality updated study material for its preparation. Make a balance between your social life and working hours. Last but not the least a proper strategy in your preparations is of utmost importance.
Serious candidates willing to contribute in completing syllabus and conducting topic wise quiz can join the group
Regular quizzes are being conducted
Hello guyz... If interested in sharing rbi+ sebi complete phase 1 & 2 video material in 1800/- (actual price was 20500 and got it in 14350 on 30% discount).. Reason to share is wanna purchase 2020 courses bcz stopped preparation for this year due to reloaction and time shortage... Want to share it with max 4 guyz.. if interested then mail me your contact details..on my email id.. [email protected]
Anyone wants to purchase Edtap's RBI grade b course on sharing basis plz dm me. Will be a group of 2-3 people at max.
How many of have stopped studying like me and waiting for the notification ?
Edutap Finance video lectures for RBI Grade B 2019. All the videos are in offline mode and downloadable through Gdrive Link. 6 GB worth lectures. 300 rs. per share. intrested people reply.
IMPORTANT FOR RBI GR B EXAM 2019
The Reserve Bank of India mandatory for banks to link all new floating-rate loans for housing, auto and MSMEs to an external benchmark like repo from October 1. Industry and retail borrowers complaining that banks do not pass on the entire RBI's policy rate (repo rate).The Reserve Bank of India (RBI) observed that due to various reasons, the transmission of policy rate changes to the lending rate of banks under the current marginal cost of funds based lending rate (MCLR) framework hThe banks to link all new floating rate personal or retail loans and floating rate loans to MSMEs (micro, small and medium enterprises) toan external benchmark effective October 1, 2019.The Reserve Bank already reduced the repo or short-term lending rate by 110 basis points, but the banks have reportedly passed on only up to 40 bps to borrowers. The external benchmarks to which the banks will be required to link their lending rates, could be repo, 3-month or 6-month treasury bill yield or any other benchmark published by theFinancial Benchmarks India Private Ltd (FBIL). The banks have also been asked to reset the interest rate under the external benchmark at least once every three months.The circular further said while the banks are free to decide the spread over the external benchmark, the credit risk premium may undergo change only when borrower's credit assessment undergoes a substantial change.The other components of spread including operating cost could be altered once in three years. The decision of the RBI assumes significance amid the clamour for reducing borrowing cost to push consumer demand, which is one of the major reasons for the slowdown in the economy. High-frequency indicators like a significant drop in auto sales and other consumer non-durable are pointing towards demand slowdown.The government announced a slew of measures like liquidity support to the NBFC sector to further push credit disbursal.The RBI had earlier asked the banks to link the rates to external benchmark from April 1, but it was deferred as the lenders wanted more time.The State Bank of India become the first bank to link its certain loans to the repo. Later, a host of other banks too started linking their loan products to the repo or other external benchmarks. In August 2017, the RBI constituted an Internal Study Group (ISG) to examine the working of the MCLR system that was put in place in April 2016. The ISG had recommended the move over to an external benchmark based lending rate system.
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With only 53 Days are left for the Phase 1 Examination, I have decided to provide a Crash Course to help students prepare for RBI Grade B Examination in no time.
Crash Course Details:
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2) Phase 2 Complete - ESI + F&M + English Descriptive (Live sessions + Videos + PDF + Mocks)
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4) Current Affairs for Phase 1 & Phase 2 (PDFs + Videos)
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EDUT_P'S COMPLETE COURSE FOR RBI GRADE B 2019..LATEST MATERIAL..YEAR 2019..IN PDF FORMAT..EASY TO READ...ESI..FM..CURRENT AND STATIC BOTH..IT CAN BE DOWNLOADED THROUGH GOOGLE DRIVE and MCQS FORMAT PDF, AND Finance (static and current) for 2019 in pdf format by ANUJ JNDL also included.ONLY FOR Rs.400..if interested whatsap me on 8178765894 ..currently I am working in a PSB and also preparing for RBI Grade b..for serious aspirants only.
IMPORTANT FOR RBI GRADE B 2019 Exam
(NOTIFICATION OUT .START YOUR PREPARATIONS NOW.)----::
In theUnion Budget 2019-20, the Hon’ble Finance Minister announced the Sabka Vishwas-Legacy Dispute Resolution Scheme, 2019. The Scheme has now been notified and will be operationalized from 1st September 2019. The Scheme would continue till 31st December 2019. Government expects the Scheme to be availed by large number of taxpayers for closing their pending disputes relating to legacy Service Tax and Central Excise cases that are now subsumed under GST so they can focus on GST.
The two main components of the Scheme are dispute resolution and amnesty. The dispute resolution component is aimed at liquidating the legacy cases of Central Excise and Service Taxthat are subsumed in GST and are pending in litigation at various forums. The amnesty component of the Scheme offers an opportunity to the taxpayers to pay the outstanding tax and be free of any other consequence under the law. The most attractive aspect of the Scheme is that it provides substantial relief in the tax dues for all categories of cases as well as full waiver of interest, fine, penalty, In all these cases, there would be no other liability of interest, fine or penalty. There is also a complete amnesty from prosecution.
For all the cases pending in adjudication or appeal – in any forum - this Scheme offers a relief of 70% from the duty demand if it is Rs.50 lakhs or less and 50% if it is more than Rs. 50 lakhs. The same relief is available for cases under investigation and audit where the duty involved is quantified and communicated to the party or admitted by him in a statement on or before 30th June, 2019. Further, in cases of confirmed duty demand, where there is no appeal pending, the relief offered is 60% of the confirmed duty amount if the same is Rs. 50 lakhs or less and it is 40%, if the confirmed duty amount is more than Rs. 50 lakhs. Finally, in cases of voluntary disclosure, the person availing the Scheme will have to pay only the full amount of disclosed duty.
As the objective of the Scheme is to free as large a segment of the taxpayers from the legacy taxes as possible, the relief given thereunder is substantial. The Scheme is especially tailored to free the large number of small taxpayers of their pending disputes with the tax administration. Government urges the taxpayers and all concerned to avail the SabkaVishwas - Legacy Dispute Resolution Scheme, 2019 and make a new beginning.
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EDUT_P'S COMPLETE COURSE FOR RBI GRADE B 2019..LATEST MATERIAL..YEAR 2019..IN PDF FORMAT..EASY TO READ...ESI..FM..CURRENT AND STATIC BOTH..IT CAN BE DOWNLOADED THROUGH GOOGLE DRIVE and MCQS FORMAT PDF, AND Finance (static and current) for 2019 in pdf format by ANUJ JNDL also included.ONLY FOR Rs.400..if interested whatsap me on 8178765894 ..currently I am working in a PSB and also preparing for RBI Grade b..for serious aspirants only.