Monthly Archives: February 2015

UNION Budget 2015 PDF

Dear Readers,
Here is the full UNION Budget 2015 PDF which is very important for IBPS PO, Clerical, RRB, SBI Exams, Insurance exams in 2015.

This UNION Budget 2015 PDF is having all the necessary points for Bank, SSC, Insurance Examinations in 2015.

 Click here to download in ENGLISH

Click here to download in HINDI 

TOP HEADLINES –28.02.2015

1.         Six Indian women CEOs and Managing Directors, including State Bank of India head Arundhati Bhattacharya and ICICI CEO Chanda Kochchar, have been named by Forbes magazine in its 50 ‘Power Businesswomen’ from Asia who are “knocking down” walls in the traditional male bastions. According to Forbes Kochhar, 53, is India’s second most powerful banker after Bhattacharya.
o         फोर्ब्स मैगजीन ने एशिया की 50 प्रभावशाली महिला उद्यमियों की सूची में 6 भारतीयों को शामिल किया है। इनमें एसबीआई प्रमुख अरूंधति भट्टाचार्य और आईसीआईसीआई बैंक की सीईओ चंदा कोचर शामिल हैं। फोर्ब्स के अनुसार कोचर, 53, भट्टाचार्य के बाद भारत की दूसरी सबसे शक्तिशाली बैंकर हैं। 
2.         Zoological Society of London (ZSL) and Gujarat Forest Department on 26 February 2015 have inked a memorandum of understanding (MoU) for conversation of Asiatic lion and its habitat. As part of MoU, ZSL with its expertise in managing zoo will provide Technical assistance to forest department to manage rescue and treatments centres.
o         जूलॉजिकल सोसायटी ऑफ लंदन (जेडएसएल) और गुजरात वन विभाग ने एशियाटिक शेर और उसके निवास स्थान की बातचीत के लिए समझौता ज्ञापन (एमओयू) पर हस्ताक्षर किए हैं। समझौता ज्ञापन के भाग के रूप में जेडएसएल चिड़ियाघर में  प्रबंधन की अपनी विशेषज्ञता के साथ बचाव और उपचार केन्द्रों का प्रबंधन करने के लिए वन विभाग को तकनीकी सहायता प्रदान करेगा। 
3.         Government has decided to roll out a pilot project to give a digital boost to the flagship rural job scheme MNREGA in gram panchayats to ensure its better implementation through mobile monitoring system. A total of 35,000 gram panchayats will be covered which would be given a mobile/tablet. An amount of Rs. 35 crore have been sanctioned as each mobile/tablet would be costing Rs 10,000.
o         सरकार ने मोबाइल निगरानी प्रणाली के माध्यम से इसके बेहतर क्रियान्वयन को सुनिश्चित करने के लिए ग्राम पंचायतों में प्रमुख ग्रामीण रोजगार योजना मनरेगा के लिए एक डिजिटल बढ़ावा देने के लिए एक पायलट परियोजना शुरू करने की घोषणा की है। कुल 35,000 ग्राम पंचायतों को इस दायरे में लिया जाएगा जिन्हें एक मोबाइल / टैबलेट दिया जाएगा। 35 करोड़ रुपये की राशि मंजूर की गई है क्योंकि प्रत्येक मोबाइल / टैबलेट की लागत 10,000 रुपये होगी।
4.         Tata Group Chairman Ratan Tata has been honoured with an honorary Doctorate of Automotive Engineering by the Clemson University at the South Carolina Automotive Summit.
o         टाटा समूह के मानद चेयरमैन रतन टाटा को आटोमोटिव इंजीनियरिंग में डाक्टरेट की मानद उपाधि से सम्मानित किया गया है। दक्षिण कोरोलिना आटोमोटिव शिखर सम्मेलन में उन्हें क्लेमसन यूनिवर्सिटी ने इस उपाधि से सम्मानित किया। 
5.         RBI announced that bank overdrafts of up to Rs. 5,000 in accounts opened under financial inclusion mission, Jan Dhan Yojana  will be treated as priority sector lending. Under PMJDY, the overdraft facility is permitted to Aadhaar-enabled accounts after “satisfactory operation” of accounts for six months.
o         आरबीआई ने घोषणा कि है कि जनधन योजना के खातों में बैंकों द्वारा 5,000 रुपए तक ओवरड्राफ्ट प्राथमि‍क क्षेत्र को कर्ज देने वाली श्रेणी के लि‍ए योग्य है। प्रधानमंत्री जनधन योजना के तहत आधार से जुड़े खातों को छह माह के लि‍ए संतोषजनक क्रि‍यान्येवनके बाद ओवरड्राफ्ट की मंजूरी दे रखी है। 
6.         Sangakkara became only the 4th player in One Day International history to feature in 400 or 
 more matches. Playing his 400th ODI, against Bangladesh in a Pool match of ICC World Cup 2015 at the iconic Melbourne Cricket Ground (MCG). Sangakkara is the third Sri Lankan to feature in 400 or more ODIs, after Sachin Tendulkar, Sanath Jayasuriya and Mahela Jayawardene.
o         प्रतिष्ठित मेलबर्न क्रिकेट ग्राउंड (एमसीजी) पर एक पूल में बांग्लादेश के खिलाफ आईसीसी विश्व कप 2015 के एक मैच में श्रीलंकन दिग्गज कुमार संगाकारा ने 400 वनडे मैच खेलना का कीर्तिमान स्थापित कर दिया। संगाकारा मैदान पर उतरने के साथ ही वनडे क्रिकेट में 400 वनडे खेलने वाले दुनिया के चौथे बल्लेबाज़ बन गए हैं। इससे पहले ये कीर्तिमान सिर्फ सचिन तेंदुलकर, सनथ जयासूर्या और उनकी टीममेट महेला जयावर्धने के नाम था। 
7.         David Quarrey, a senior member of Britain’s Foreign Office, was appointed as the UK’s new Ambassador to Israel. Previously, he was director of the Near East and North African Desk and has 
worked for the British Foreign Office for more than 20 years.
o         ब्रिटेन के विदेश कार्यालय के एक वरिष्ठ सदस्य, डेविड क्वार्रे को इसराइल के लिए ब्रिटेन के नए राजदूत के रूप में नियुक्त किया गया। इससे पहले, वह नियर ईस्ट और नॉर्थ अफ्रीकन डेस्क के निदेशक थे तथा इन्होंने 20 से अधिक वर्षों के लिए ब्रिटिश विदेश कार्यालय के लिए काम किया है। 
8.         The Union Cabinet, chaired by Prime Minister Narendra Modi gave approval for establishing the New Development Bank (NDB) and the BRICS Contingent Reserve Arrangement (CRA) to fund infrastructure and development projects in BRICS (Brazil, Russia, India, China and South Africa). It will work same as World Bank.
o         प्रधानमंत्री नरेंद्र मोदी की अध्यक्षता वाले केंद्रीय मंत्रिमंडल ने ब्रिक्स देशों-ब्राजील, रूस, भारत, चीन और दक्षिण अफ्रीका में बुनियादी सुविधाओं और विकास परियोजनाओं को धन मुहैया करने के लिए न्यू बिक्र्स‌ डवलपमेंट बैंक (एनडीबी) और ब्रिक्स आकस्मिक रिजर्व व्यवस्था की स्थापना को मंजूरी प्रदान की। एक तरह से यह बैंक विश्व बैंक की तरह काम करेगा। 
9.         Former Chief Minister of Haryana Hukam Singh passed away in Gurgaon, Haryana. He was 89.
o         हरियाणा के पूर्व मुख्यमंत्री मास्टर हुकम सिंह का गुड़गांव, हरियाणा में निधन हो गया। वह 89 वर्ष के थे। 
10.        In a breakthrough, researchers in Australia have developed the world’s first 3D-printed jet engine that could pave the way for cheaper, lighter and more fuel-efficient aircraft.  Researchers from Monash University, aided by staff from the CSIRO and Deakin University, have printed two engines and put one of them on display at the International Air Show in Avalon, Victoria.
o         ऑस्ट्रेलिया में अनुसंधानकर्ताओं ने दुनिया का पहला 3डी प्रिंटेड जेट इंजिन बनाया है। इससे सस्ते, हल्के व अधिक माइलेज वाले विमान विकसित करने का रास्ता खुल सकता है। यह इंजिन मोनाश यूनिवर्सिटी तथा अमारियो इंजीनियरिंग कंपनी के बीच भागीदारी में विकसित किया गया है। मोनाश यूनिवर्सिटी के अनुसन्धानकर्ताओं ने सी.एस.आई.आर.ओ और डेक्किन विश्वविद्यालय के कर्मचारियों के साथ मिलकर दो प्रिंटेड इंजन बनाये, जिसमें से एक इंजन को विकास के प्रतीक रूप में, विक्टोरिया के अवलोन में हो रहे अन्तराष्ट्रीय एयर शो में प्रदर्शित किया गया।

Union Budget 2015 Live Update and Budget Highlights

  • Yoga included in the ambit of charitable purposes under the Income Tax Act.
  • All contributions to Sukanya Samridhi scheme to be tax free.

  • Transport allowance, which is currently Rs 800 per month, has been increased to Rs 1600 per month.
  • Govt increases limit of deduction of health insurance premium from Rs 15,000 to Rs 25,000.

  • 100% deduction for contribution to Swachch Bharat and Clean Ganga schemes.
  • Rs 150 core to create world class IT hub in India: FM

  • FM propose to increase service tax rate and education cess to 14% from 12.36%.
  • The excise duty on footwear having retail price of more than 1000 per pair has been reduced by 6 %: FM

  • Custom duty on raw materials and intermediaries to be reduced.
  • Tax dept to put out a clarification on indirect transfer of assets and dividend paid by foreign firms.

  • Replacing wealth tax with a surcharge on super-rich will lead to Rs 9,000 crore additional income.
  • Govt to abolish wealth tax, replaces wealth tax with additional 2%surcharge on super rich
  • Govt reduces taxes on technical services to 10% from 25%.

  • Govt to reduce custom duty on 22 items.
  • Govt defers roll out of anti-tax avoidance rules GAAR by 2 years.

  • Sensex rebounds by nearly 250 points on Budget proposal to reduce corporate tax rate.
  • Quoting PAN a must for all purchases above Rs 1,00,000

  • Benami property transaction bill to tackle black money transaction in real estate soon.
  • Foreign Exchange Management Act to allow for seizure of foreign properties and assets.

  • FM proposes to enact a comprehensive new law on black money to bring back black money stashed abroad.
  • Corporate tax reduced from 30% to 25% over next four years
  • Budget estimates of expenditure: Rs 17 .77 lakh crpre, of which non-plan is Rs 13.12 lakh crore, and plan is Rs 4.65 lakh crore.

  • Defence allocation for this fiscal is Rs 2,46,727 crore.
  • ISM Dhanabad will be upgraded to full IIT.

  • AIIMS to be set up in J&K, Punjab, Tamil Nadu, Himachal Pradesh and Assam.
  • Section 6 of FEMA to be amended: FM

  • Government proposes to bring in a regulatory reform law.
  • Govt to raise visa-on-arrival facilities to 150 countries from 43

  • Govt proposes to do away with different types of foreign investment and replace them with composite caps.
  • Rs 1000 crore more to Nirbhaya fund

  • ‘Agri income, invst boost in infra, manufacturing key challenges’
  • Employee’s contribution to EPF below an income threshold will be optional without reducing employer’s contribution.

  • I propose to work on developing Indian gold coin which carries the Ashok Chakra, will help recycle gold available in country.
  • Govt to introduce Indian gold coin with Ashoka sign on it.

  • India is the largest consumer of gold in the world, I propose to introduce a gold monetization scheme.
  • Govt plans to introduce direct tax regime that is internationally competitive on rates without exemptions.

  • Govt to set up public debt management agency.
  • FM proposes to merge commodities regulator with SEBI.

  • Rs 5000 crore: FM. PM Modi had said on Friday that his government would continue MNREGA since it is a glaring example of Congress’s failure.
  • Initial sum of Rs 150 core to create world class IT hub to take advantage of our competitiveness.

  • Second unit of Kudankulam nuclear power station to be commissioned in 2015-16.
  • Proposes 5 ultra mega power projects for 4,000 MW each: FM

  • Tax-free infrastructure bonds for projects in railways and roads: FM
  • PPP model of Infrastructure to be revitalized and realigned.

  • Govt is establishing a mechanism ‘self employment’ to support all aspects of start up business: Arun Jaitley.
  • Investment in infrastructure to go up by Rs 70,000 crores: Jaitley

  • Jaitley proposes ‘Nayi Manzil’ scheme for the minorities youth.
  • I propose a new scheme of providing physical aids for senior citizens living below poverty line: Arun Jaitley

  • Atal Pension Yojana to provide defined pension according to contribution; 50% contribution to be from govt.
  • PM Surakhsha Bhima Yojana to increase the access to insurance; it will be linked with Jan Dhan Yojana: FM

  • Govt to launch PM Suraksha Bhima Yojana, offering coverage of 2 lakh rupees for just premium of Rs 12
  • Target of Rs 8.5 lakh crores credit to be given to farmers in 2015-16: FM

  • Will ensure no one who is poor is without a job. Govt allocates Rs 346.99 billion for NREGA scheme in Budget 2015
  • Target of Rs 8.5 lakh crores credit to be given to farmers in 2015-16: FM

  • States get 62% of the total resources now: Arun Jaitley
  • GST to be put in place by April 1, 2016: FM

  • Real GDP growth expected to accelerate to 7.4%: FM
  • To sanction 1 lakh km of new roads: FM

  • 80,000 secondary schools to get upgrade: FM
  • To ensure employment to our youth, we have to make india the manufacturing hub of the world: FM

  • In Swach Bharat 50 lakh toilet already built, 6 crore toilet targeted.
  • The latest CPI inflation is 5.1 %: Arun Jaitley

  • GST will put in place state of art indirect tax system by April 1st 2016: FM
  • GDP growth for 2015-16 seen at between 8 – 8.5%: FM

    • 50 lakh toilets already constructed, we will achieve target of building 6 crore toilets: Arun Jaitley

Oriental Insurance Apply Link Activated

The Oriental Insurance Company Limited detailed notification for recruitment of Officers in Scale I cadre.

Click here for Advertisement 

IMPORTANT DATES

Publication of Advertisement in Employment News
28.02.2015
On line Registration commences from
27.02.2015
Last Date for Online Registration
20.03.2015
Payment of Application fees
27.02.2015 – 20.03.2015
Dates of online Examination
Tentatively in May 2015

Click here to apply online 

ICICI Bank Probationary Officers Recruitment

Probationary Officer Training Programme is an initiative of ICICI Bank to attract young talent who wish to pursue a career in banking. It is designed to develop specialists with banking knowledge and selling skills to fulfil the need of trained bankers. It is a one year training programme, conducted at ICICI Manipal Academy, Bengaluru.

Since its inception in 2007 more than 10,000 students have joined the Bank after undergoing the training at the ICICI Manipal Academy, Bengaluru.

Important Dates – 
  • Online registration closes on – June 30, 2015 
  • Tests in the month of July or August 2015


Click here for more information