Top Financial Moments Of 2016 & How They Impact You

By BankBazaar | December 5, 2016

From the Real Estate Bill to surprise Demonetisation, the financial setup of our country has witnessed some notable milestones this year. Read on to know more.

Rs. 500 & Rs. 1,000 NOTES DEMONETISED

Top Financial Moments Of The Year

In the fight against corruption, black money, terror financing & counterfeit notes Rs. 500 & Rs. 1,000 notes declared illegal and new Rs. 2,000 & Rs. 500 notes issued by the government.

Strapped for cash? Get a Credit Card.

Additional Reading: Demonetisation: The Good, The Bad, And The Downright Hilarious

GST BILL PASSED

Top Financial Moments Of The Year

Highly controversial GST (Goods & Services Tax) bill passed in parliament, which will replace all indirect taxes levied on goods and services by the Indian Central and State governments.

Word on the street is that cars are set to get cheaper. Car Loan, anyone?

REAL ESTATE BILL PASSED

Top Financial Moments Of The Year

Real estate bill passed in parliament which seeks to protect homebuyers as well as help boost investments in the real estate industry.

Good time to be investing in a home, maybe? Here are some Home Loan offers.

LAUNCH OF UPI (Unified Payments Interface)

Top Financial Moments Of The Year

Unified Payment Interface is a revolutionary payment system with a unique identifier that your bank uses to transfer money immediately and make payments.

Looking for more on Personal Finance? Read the BankBazaar Blog.

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