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Recently RBI awarded payment bank license to 11 entities including business heavy weights like Reliance Industries, Aditya Birla Nuvo, Tech Mahindra, Vodafone, Airtel. All are betting big for this new concept called payment bank.
What is Payment Banks ?
Payment Bank is a new type of bank which is expected to reach customers mainly through their mobile phones rather than traditional bank branches.
How to Convert Facebook Profile Into A Business Page
The method is very simple as there will be no need to individually invite all your friends to like your page when you convert the Facebook profile into the page. So just follow up some of simple steps below to proceed.
Before migration:
First, let me back up and explain. You need to download your Facebook profile information because not everything will move to your new business Page when the conversion is completed. The only items transferred over will be your current profile picture and your current friends and subscribers (who will be converted to Likes). You’ll also keep your current username.
A sovereign debt crisis is generally defined as economic and financial problems caused by the inability of a country to pay its public debt. This usually happens when a country reaches critical high debt levels and suffers from low economic growth.
On 30th June 2015 Greece missed its deadline to repay the International Monetary Fund 1.6 billion euros ($1.7 billion) and hence triggered sovereign debt crisis.
According to a report by the National Council of Applied Economic Research, GST is expected to increase economic growth by between 0.9 per cent and 1.7 per cent.
Impact on Industry & Business
Indian manufacturing sector considered as one of the highly taxed sectors in the world. GST would eliminate complexities in the present taxation structure and remove cascading effect which ultimately results in lower production cost. Service Section will also get benefited because of seamless availability of tax credit.