Exploring great things

S ummers are ahead and one should be ready to face various summer diseases. It is not that everyone should suffer from these diseases, but still precautions have to be taken by everyone. Precautions are better than Cure, so be ready to check out common summer diseases so that this summer may stay you healthy and fit. Typhoid is the most chronic disease among the summer diseases. Here are the efforts to give some collected tips about typhoid for one’s sound health. T yphoid fever is an infection caused by a strain of bacteria called Salmonella typhi. Salmonella infection is a common bacterial disease that affects the intestinal tract. Salmonella bacteria typically live in animal feces(waste matter discharged from the bowls after food digestion). Causes Humans are most frequently infected through contaminated water or food. So this fever is mostly found in those parts of the world where levels of sanitation and hygiene are poor. It is also spread by flying insects f...

Payment bank is a new model of bank conceptualised by Reserve Bank of India. It is like any other bank operating on a small scale without involving any credit risk. It is a differentiated bank empowered to undertake restricted banking functions under Banking Regulation Act 1949 . These banking functions include acceptance of deposits, making payments, remittance services, internet banking etc but without any kind of loans and advances . Such payment banks are useful for low income households, small businesses, migrant labourers and other unorganised sectors. The payment banks have been created by India to achieve its financial inclusion targets. Following are the Do’s and Don’ts applied to the Payment banks by Reserve Bank of India :-      Do’s Accept demand deposits from individuals small businesses and other small entities upto Rs 1 Lakh. Issue debit cards. Offer internet banking facilities. Open branches, ATMs and correspondents. ...

GST stands for Goods and Services Tax and is proposed to be comprehensive indirect tax on the supply of goods and services, right from the manufacturer to the consumer. The Central taxes like Central Excise duty, Central Sales tax, Custom duties will all be subsumed in GST. The State level taxes like VAT tax, Entertainment tax, taxes on lottery, Betting and Gambling, Entry tax, Luxury tax, taxes on Advertisement and taxes on interstate transformation of goods all will be subsumed with GST. Credits of input-taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. The final consumer will bear only the GST charged by the last dealer in the supply chain, with set off benefits at all the previous stages. ADMINISTRATION In keeping with the federal structure of India, GST will be levied concurrently by the Centre(CGST) and the States(SGST). It is expected that the base and other ess...