Daily Archive: Monday, November 21, 2016

Old bank notes of 500 accepted for seed purchase with proof of identity from Central/State Govt. Centres, PSUS or specified Corporations Universities

Author: | Categories: Finance Ministry No comments
Old bank notes of 500 accepted for seed purchase with proof of identity from Central/State Govt. Centres, PSUS or specified Corporations Universities MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 20th November, 2016 S.O. 3490(E).—In exercise of the powers conferred by sub-section (2) of section 26

 

Substandard classification of bank loans deferred 60 days due to demonetisation. Relief given in repayment by RBI relaxing Prudential Norms

Author: | Categories: RBI No comments
Substandard classification of bank loans deferred 60 days due to demonetisation. Relief given in repayment by RBI relaxing Prudential Norms Reserve Bank of India Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances RBI/2016-17/143 DBR.No.BP.BC.37/21.04.048/2016-17 November 21, 2016 All Entities Regulated by the Reserve Bank of

 

Demonetised notes not unexplained money us 69A-No penalty 271(1)(c) for concealment warranted-High Court Judgment on 1978 Demnetisation

Demonetised notes not unexplained money us 69A-No penalty 271(1)(c) for concealment warranted-High Court Judgment on 1978 Demnetisation The recent demonetisation of high denomination bank notes Rs. 500/- and Rs. 1000/- is not new to India. In past also there has been demonetisation of High Denomination Notes in 1946 and