• Finance Ministry

New Bank note cash withdrawal limit of 10000 removed. Exchange and ATM withdrawal Limits for 500 1000 notes also increased-Notification

10 years ago

New Bank note cash withdrawal limit of 10000 removed. Exchange and ATM withdrawal Limits for 500 1000 notes also increased…

  • RBI

New bank notes cash withdrawal limit increased to Rs.24000. Limit of 10000 per day removed. ATM and exchange revised limit increased by Rs. 500/-

10 years ago

New bank notes cash withdrawal limit increased to Rs.24000. Limit of 10000 per day removed. ATM and exchange revised limit…

  • RBI

Adequate stocks of new notes kept ready in Currency Chests at more than 4000 places, Printing Presses printing the notes at full capacity-RBI

10 years ago

Adequate stocks of new notes kept ready in Currency Chests at more than 4000 places in the country, Printing Presses…

  • RBI

RBI issue of inset letter L Rs 500 denomination banknotes. Inset Letter L is in both the number panels in Mahatma Gandhi (New) Series

10 years ago

RBI issue of inset letter L Rs 500 denomination banknotes. Inset Letter L  is in both the number panels in…

  • Income Tax

Depreciation and exemption both not allowable to charitable trust. Statutory provision u/s 32 to prevail over customary practice-commercial principle-ITAT

10 years ago

Depreciation and exemption both not allowable to charitable trust. Statutory provision u/s 32 to prevail over customary practice-commercial principle-ITAT The…

  • Income Tax

Satisfaction recording 153C-same AO for searched-other person. Even if AO is one then also satisfaction has to be recorded as held by Supreme Court

10 years ago

Satisfaction recording 153C-same AO for searched-other person. Even if AO is one then also satisfaction has to be recorded as…

  • Black Money

Chairman Black Money SIT & Former SC Judges praise old note ban. Letter to Finance Minister that Govt took bold step to demonetize Rs. 500 Rs.1,000 notes

10 years ago

Chairman Black Money SIT & Former SC Judges praise old note ban. Letter to Finance Minister that Govt took bold…

  • Black Money

Old bank Notes-What if you do not have bank account? There are many issues along with peak credit theory which may be debated and litigated

10 years ago

Old bank Notes-What if you do not have bank account? There are many issues along with peak credit theory which…

  • Finance Ministry

Old bank notes now valid till 14-11-2016 for specified payments. Earlier, time limit was 72 hours ending 11-11-2016

10 years ago

Old bank notes now valid till 14-11-2016 for specified payments. Earlier, time limit of 72 hours ending 11-11-2016 was prescribed…

  • RBI

Govt Departments allowed to draw cash beyond limit of 10000 on production of evidence justifying requirements

10 years ago

Govt Departments allowed to draw cash beyond limit of 10000 on production of evidence justifying requirement at the choice of…