Face penalty of 200% above 2.5 lakh

The government on Wednesday warned that cash deposits above Rs 2.5 lakh threshold under the 50-day window could attract tax plus a 200 per cent penalty in case of income mismatch.

Jio Welcome Offer ends on Dec 3

Threre are a lot of discussions going on regarding Jio Welcome offer to end on Dec 3. Please don’t misunderstand and panic about it. If you have already subscribed to Jio welcome offer then you can continue using welcome offer until December 31.

New subscription to Jio welcome offer will stop after December 3.The Jio welcome offer was to be promoted for 90 days only as per TRAI rules and regulations. So, you’ll not be able to subscribe to Jio welcome offer after 3 December.

Reliance Jio fight: Trai wants Rs 3,050 crore fine on Airtel, Vodafone, Idea

The recommendation to levy fines comes after Trai had issued show-cause notices to the three operators towards end-September after finding high levels of congestion in their network leading to call failures made to and from the Jio network beyond the permissible limits.

32 Lakh Debit Card Details Hacked

Over 32 Lakh debit card details were compromised in the latest data breach. This breach happened through a malware that was introduced in the Hitachi Payment Services systems. Hitachi Payment Services is the largest provider of ATMs Point of Sale (PoS) and other financial transactions.

The banks who hit this massive data breach includes State Bank of India, Yes Bank, HDFC Bank, ICICI Bank and Axis Bank. Customers are advised to change ATM PIN immediately.

26 Lakh of affected debit cards were on Visa and MasterCard. And about 6 lakh were on RuPay Card.

There is no official report about who is behind this data breach, but few customers have observed the unauthorized usage of their card in various locations in China. Payment council of India has ordered an investigation to find out the origin of the Cyber breach. Bengaluru-based payment and security specialist SISA will conduct the investigation.

Please co-operate with the Bank. Safety for each and every customer is their primary concern. All 32 Lakh compromised debit card holders are not yet identified.

Bank request you all to change your ATM PIN immediately. If you see any unauthorized transaction or receive any transaction SMS which was not done by you then please report it to to the Bank immediately.

United Nations appoints Portugal's Guterres as next U.N. chief

The 193-member United Nations General Assembly unanimously appointed former Portuguese Prime Minister Antonio Guterres on Thursday as the ninth secretary-general of the world body for five years beginning Jan. 1, 2017.

Bob Dylan is winner of 2016 Nobel prize for literature

American writer-singer Bob Dylan has won the 2016 Nobel Prize in Literature. The Swedish Academy cited the musician for “having created new poetic expressions within the great American song tradition.” The prize is worth 8 million Swedish crown ($927,740).

Literature was the last of this year’s Nobel prizes to be awarded. The prize is named after dynamite inventor Alfred Nobel and has been awarded since 1901 for achievements in science, literature and peace in accordance with his will. The six awards will be handed out on December 10, the anniversary of Nobel’s death in 1896.

Source: TheIndianExpress

Michael Jackson still making money

He passed away seven years ago but Michael Jackson is still making money - and lots of it.

In 2016 the late King Of Pop earned a staggering $825 million, making him far and away the biggest dead celebrity earner of the year.