Category: Finance Ministry
CBDT warns officials on contact with Press and airing views on official matters either in their own name or in pseudonymous names. No. B-12020/02/2017-Ad.IX Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) 460, Hotel Samrat, Chanakyapuri New Delhi, 20th March, 2017 To All …
4.21 Crores ITRs e-filed in FY 2016-17 till Feb-2017. Total amount of refund issued is Rs. 1,48,459 crore till 28.02.2017 Ministry of Finance Dated: 17th March, 2017 Number of e-filed Income Tax Returns in Financial Year 2016-17 (till 28.02.2017) was 4.21 Cr: The total amount of refund issued …
Dispensing of fake currency notes through ATMs. Rs 2000 notes resembling genuine note marked as Children Bank of India-one person arrested Ministry of Finance Dated: 17th March, 2017 Dispensing of fake currency notes through Automated Teller Machines (ATMs) There have been media reports regarding dispensation of Rs …
Small Finance and Payment Banks – RBI Guidelines Ministry of Finance Dated: 17th March, 2017 Small Finance and Payment Banks Reserve Bank of India (RBI) issued guidelines for licensing of small finance banks and payments banks on November 27, 2014 and granted in-principle approvals to 10 applicants to …
Field trial of plastic banknotes at five locations currency in the country. Ministry of Finance Dated: 17th March, 2017 Government to conduct field trial with plastic banknotes at five locations of the country; Approval for procurement of plastic substrate and printing of bank notes of Rs.10 denomination on …
SBI Merger-Access to existing customers of subsidiary banks to SBI global network which has presence in all the time zones Ministry of Finance PIB Press Release Dated: 17th MAR 2017 Merger of State Bank of India (SBI) with its five subsidiaries; The existing customers of Subsidiary Banks will …
NPAs shows declining trend in last quarter of current financial year. Main defaulter are few large corporates in steel, power, infrastructure & Textile Sector Ministry of Finance Press Release (PIB) 15-March, 2017 FM: Rate of increase of Non Performing Assets (NPAs) has slowed down in the last Quarter …
Exchange of old currency notes grace period after 30-12-2017 Submission of old currency notes of Rs. 500 and Rs. 1000; The grace period for Indian citizen residing in India is March 31, 2017 and for Indian citizen resident outside is June 30, 2017 The Specified Bank Notes (Cessation …
Steps taken by Government to curb generation of black money. Policy-level initiatives, effective enforcement, robust legislative-administrative frameworks Ministry of Finance Press Release 10-March, 2017 Steps taken by Government to curb the generation of black money Action against black money is an on-going process. Such actions include policy-level initiatives, …
Lodging complaints with CBI for fraud embezzlement by banks and select Financial Institutions based on amount involved in the frauds. Ministry of Finance Press Release 10-March, 2017 Lodging of complaints with CBI in cases of fraud /embezzlement by commercial banks and select Financial Institutions. Reserve Bank of India …
