Govt. denies collaboration with tainted UK based Note Printing Company .
As per media reports, the AAP Party had accused that De La Rue supplied the same paper used for printing Indian currency to the terror nexus in Pakistan indulging in printing of fake currency.
Ministry of Finance
Dated : 17th January, 2017
Press Release
Ministry of Finance denies any collaboration with the tainted UK based Note Printing Company
There have been reports in sections of media stating that the Union Government has compromised the national interest by collaborating with a tainted UK based Note Printing Company.
The said company had been supplying bank note paper till 2010. Further as per the decision taken in 2013, the company was permitted to supply a security feature for bank notes till December 2015.
No fresh contract has been given to this company by the Government during the last three years. The Security Clearance for this company has been withheld by the Ministry of Finance, Government of India and hence no fresh orders have been placed with the said company since 2014. The company has applied for setting-up a factory in India. No action has been taken on their application.
******
Even if, the assessee is engaged in the bogus purchases, the entire purchases cannot be disallowed - ITAT In a…
Order to stock broker through WhatsApp may be considered as legally verifiable record - SEBI SEBI in an informal guidance…
ICAI Guidance Note on Audit of Banks 2026 Edition ICAI has issued 2025 edition of the Guidance Note on Audit…
NHIDCL is hiring CA/CMA and others as Young Professionals – Last date to apply is 14.04.2026 The National Highways and…
Income Tax Rules 2026 notified by CBDT. CBDT has issued Notification No. 22/2026 dated 20.03.2026 to notify the Income-tax Rules,…
Absence of an explicit irrevocability clause in trust deed no ground for rejecting application for registration or renewal under section…