Category: Black Money
India-Switzerland Declaration for Exchange of Information from September 2019 onwards of accounts held by Indian residents for 2018 and subsequent years Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 22nd November, 2016 PRESS RELEASE Sub: Signing of ‘Joint Declaration’ by …
Action on Black Money stashed abroad.The Government has taken several steps to effectively tackle issue of black money, particularly money in abroad Ministry of Finance 18-November, 2016 Action on Black Money There is no official estimation of the amount of black money within the country and stashed …
New Bank note cash withdrawal limit of 10000 removed. Exchange and ATM withdrawal Limits for 500 1000 notes also increased by Rs. 500/-Notification MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 13th November, 2016 S.O. 3446(E).—In exercise of the powers conferred by sub-section (2) of …
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.1000 notes Ministry of Finance 11-November, 2016 The Chairman and Vice-Chairman, SIT on Black Money & Former Judges of the Supreme Court of …
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 With the withdrawal of old currency notes of Rs. 500/- and Rs. 1000/- and declaring them not to be “Legal Tender”, the long …
Old bank notes now valid till 14-11-2016 for specified payments. Earlier, time limit of 72 hours ending 11-11-2016 was prescribed for using 500-1000 notes. Ministry of Finance Press Release 11-November, 2016 Government extends existing exemptions with rergard to cancellation of the legal tender character of the existing series …
Demonetization to bring down inflation-crackdown on black money. Role of NITI Aayog in strengthening co-operative federalism NITI Aayog Press Release 11-November, 2016 Crackdown on black money by demonetization will bring down inflation: Arvind Panagariya; Outlines the role of NITI Aayog in strengthening co-operative federalism The Vice Chairman of …
Train Ticket Cancellation refund not in cash for Rs 10,000 and above for the tickets booked from 09.11.2016 to 11.11.2016-Railway Board Circular COMMERCIAL CIRCULAR No. 59 of 2016 GOVERNMENT OF INDIA MINISTRY OF RAILWAYS RAILWAY BOARD No. TC-II/2003/2016/refund …
Old notes acceptable for government fees charges taxes penalties including payments to Municipal-local bodies up to 11-11-2016 midnight Ministry of Finance Press Release 10th November, 2016 Old demonitised 500 & 1000 rupee notes will be accepted for making payments towards fees, charges, taxes and penalties payable to the …
Bank accounts with cash transactions income-tax e-filing website new feature to report-monitor the conversion of black money on bank note withdrawals. Income Tax Department has launched a new feature in its e-filing website portal for capturing and generating reports of bank/financial institution wise cash transactions done by …