Transactions in relation to which quoting PAN is mandatory
The Income Tax Department prescribes a list of transactions for which quoting of Permanent Account Number (PAN) is mandatory. These are listed
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Demonetisation: Banks to comply with Rule 114B of Income Tax Rules, 1962
Please refer to our Circular DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject. With a view to ensure compliance with
Continue readingDemonetisation: Expanding distribution locations for deposit & withdrawal of cash
Please refer to our Circular No. DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject. With a view to widen the existing
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Revamped Aadhaar Toll-Free Helpline No. 1947 Launched
Aadhaar Toll-Free Helpline No. 1947 to bring convenience to Aadhaar holders, provide solutions anytime, anywhere With the growing use of Aadhaar in
Continue readingRBI: Updated FAQs on Withdrawal of Specified Bank Notes
FAQs on Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of Rs 500/- and Rs 1000/- [Updated as
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Cabinet approves constitution of Special Committee for Inter-Linking of Rivers
Cabinet approves Status-cum-Progress Report and constitution of “Special Committee for Inter-Linking of Rivers” in compliance of judgment of Supreme Court The Union
Continue readingRBI: DCCBs can allow existing customers to withdraw up to Rs 24,000 from their accounts
Withdrawal of Legal Tender Character of existing Rs 500/- and Rs 1000/- Bank Notes – Applicability of the Scheme to DCCBs Please
Continue readingUsage of ATMs – Waiver of customer charges
A reference is invited to the circular DPSS.CO.PD.No.316/02.10.002/2014-2015 dated August 14, 2014 on rationalisation of number of mandatory free ATM transactions for savings bank
Continue readingConstitution of Task Force for enabling dispensation of Mahatma Gandhi (New) Series Banknotes – Recalibration & reactivation of ATMs
It has become necessary to re-calibrate all ATMs/ Cash handling machines to dispense the new design notes following introduction of Mahatma Gandhi
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Exemption of fee on National Highways extended till November 18th
In order to ensure smooth movement of traffic on national highways the government has decided to extend the suspension of fees on
Continue readingFinance Ministry reviews position of availability and distribution of all denomination of bank notes
Finance Ministry reviews the position regarding availability and distribution of all denomination of bank notes in different parts and regions of the
Continue readingModifications/additions in exemptions to demonetisation, notified
While cancelling the legal tender character of the existing series of high denomination bank notes of Rs. 500 and Rs. 1,000 denominations
Continue readingFurther exemptions to demonetisation, notified
S.O. 3429(E).—In exercise of the powers conferred by sub-section (2) of Section 26 of the Reserve Bank of India Act, 1934 (2 of
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Services exempted from demonetisation, notified
S.O. 3416(E).—In exercise of the powers conferred by sub-section (2) of Section 26 of the Reserve Bank of India Act, 1934 (2
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Government permits Rs. 500 and Rs. 1000 currency notes on highway toll plazas till midnight of 11.11.2016
The government has permitted fee collectors at toll plazas on highways to accept currency notes of Rs. 500 and Rs. 1000 denominations
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Historic announcements on ending corruption and black money by PM
In a historical move that will add record strength in the fight against corruption, black money, money laundering, terrorism and financing of
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Parliamentary Standing Committee invites memoranda on delay in filling up vacancies in higher judiciary
The Department-related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice headed by Shri Anand Sharma, MP, Rajya Sabha, is presently examining the
Continue readingRestructure of National Savings Institute, notified
F. No. 12/01/2016-Buget Admn.— Consequent upon most State Governments opting out of National Small Savings Fund (NSSF) investments and resultant shifting of small
Continue readingSEBI to freeze Promoter and Promoter group demat accounts for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Sub: Freezing of Promoter and Promoter group Demat accounts for non-compliance with certain provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
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EPFO issues guidelines for settlement of death case claims within 7 days
Employees’ Provident Fund Organisation No. CSD·l/CPGRAMS/Pragati E-SamikSha/2016/12866 Dated: 31-10-2016 Sub: Priority to be given to settlement of death case claim settlements within 7
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