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The Digital Rupee (e₹) [39] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [40] The Digital Rupee was proposed in January 2017 and launched on 1 December 2022. [41] Digital Rupee is using blockchain distributed-ledger technology. [42]
The Indian paisa (plural: paise) is a 1 ⁄ 100 (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee. [1] In 1955, the Government of India first amended the Indian Coinage Act and adopted the "metric system for coinage".
Above Rs 15 lakh Standard deduction has been increased from 50,000 to 75,000. Ernst & Young estimates that, following standard tax deduction polices, income of upto 7.75 lakh is extempted from income tax after introduction of the increase in standard deduction.
According to a 2018 report from the Reserve Bank of India ₹15.3 lakh crore (15.3 trillion rupees on the short scale) of the ₹15.41 lakh crore in demonetised bank notes, or approximately 99.3%, were deposited in banks, leading analysts to state that the effort had failed to remove black money from the economy.
The scheme offers a financial help of ₹10,000 per year to each farmer (two crops). There is no cap on the number of acres, and most of the farmers are small and marginal. The total farming land is 1.43 crore acres and the number of farmers in the state stood at 58.33 lakh. Around 55% of population in Telangana make a living from agriculture.
13.0 1.0 64.5 30.3 Financials 24 593 Mahindra & Mahindra: Mumbai 16.8 1.4 28.3 37.5 Automotive 25 645 JSW Steel Ltd: Mumbai 21.1 1.1 27.4 26.6 Iron and steel 26 684 Hindalco Industries: Mumbai 26.1 1.1 27.1 17.7 Metals and mining 27 746 Grasim Industries: Mumbai 15.3 0.7 47.0 19.8 Diversified 28 764 HCL Technologies: Noida 13.3 1.9 12.0 43.4 ...
During this period, Pakistan faced a worsening trade balance, with deficits increasing from −831 million Rupees in 1950/51 to −1043 million Rupees in 1959/60. Economically, agriculture grew at an annual rate of 1.6%, while manufacturing expanded impressively at 7.7% per annum during the 1950s.
Child Development Project Officer Mr P N Patil who addressed a press conference had disclosed that it was decided to donate a day's salary of government officials towards the relief fund. The employees of Forbes-Gokak textile industry also contributed about INR ₹ 7 lakh (₹ 700,000). [7] Gokak is also known for its old Hindu Temples.