Category: Finance Ministry
Order to remove the difficulty arising from time gap between the appointment of the Adjudicating Authority and establishment of the Appellate Tribunal under the Benami Act MINISTRY OF FINANCE (Department of Revenue) ORDER New Delhi, the 31st October, 2018 S.O. 5602(E).—WHEREAS, section 71 of the Prohibition of Benami …
Security Interest (Enforcement) Amendment Rules, 2018. Public notice, affixing notice, uploading terms of sale of movable assets on web-site of secured creditor. MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 17th October, 2018 G.S.R. 1040(E).—In exercise of powers conferred by sub-section (1) and clause (b) of …
Designated Special Courts for trial of offences punishable under the provisions of Prohibition of Benami Property Transactions Act 1988 MINISTRY OF FINANCE (Department of Revenue) Notification No. 67/2018 New Delhi, the 16th October, 2018 S.O. 5323(E).—In exercise of powers conferred by sub-section (1) of section 50 of the …
We are committed to arrange liquidity to IL& FS says Finance Ministry Firm and Decisive Government Action taken to preserve value and assets of IL& FS In a Press Released issued today, the Finance Ministry said that the Government stands fully committed to ensure much needed liquidity arranged …
Sale of Electoral Bonds at 29 Authorised Branches of State Bank of India (SBI) starts with effect from 01st October, 2018 to 10th October, 2018. The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02nd January 2018. As per provisions of …
Monetary limit raised for filing application in Debts Recovery Tribunals by banks and financial institutions to Rs. 20 lakh rupees from ten lakh In 1981, the Committee on the Financial System examined the problem faced by the Banks and financial institutions in recovering loans and enforcement of securities charge, …
Banks will remain open in first week of September 2018 except 3 Holidays – Clarification Finance Ministry has clarified that Banks will remain open and banking activity will continue unimpeded in the first week of September 2018 Banks will only observe holidays on Sunday, 2nd September and second Saturday, 8th …
Shri Arun Jaitely resumes charge of Ministries of Finance and Corporate Affairs The Union Minister Shri Arun Jaitely today resumes the charge of Ministries of Finance and Corporate Affairs The Union Minister, Shri Arun Jaitley today resumed the charge of the Ministries of Finance and Corporate Affairs after a …
Identification of Benami Properties-More than 1600 provisional attachments made in Benami Transactions The Minister of State for Finance in Rajya Sabha stated that the Prohibition of Benami Property Transactions Act 1988 as amended by the Benami Transaction (Prohibition) Amendment Act, 2016 seeks to prohibit the Benami Transactions irrespective of the method by which the Benami Property is …
Government quotes Swiss Authorities to defend rise in Swiss Bank Deposits of Indians. However Swiss Authorities appears to have made a general assertion that more often than not, the media misinterpret figures resulting in misleading headlines and analyses. The Minister of State for Finance in written reply to a question …