No 5 day week in commercial banks-RBI clarification
Reserve Bank of India
Date : Apr 20, 2019
It has been reported in certain sections of the media that commercial banks would have a 5 day week in terms of RBI instructions. It is clarified that this information is not factually correct. RBI has not issued any such directions.
Yogesh Dayal
Chief General Manager
Authors Note:
Currently, branches of commercial banks, apart from sundays are closed only on 2nd and 4th Saturday of a month
Only days on which actual services rendered by company to be considered in computing threshold for constitution of permanent establishment…
Depreciation on goodwill in the hands of amalgamated company upheld as Assessing Officer had taken a plausible view in line…
The ICAI has announced that provisions of the Income-tax Act, 2025 shall be applicable to CA exams conducted from 1st…
Addition u/s 68 deleted as there was no cash trail, rotation of funds, or incriminating evidences, no enquiry conducted into…
In case of re-allotment of flat by builder, stamp duty valuation would be with reference to date of booking of…
When information contained in loose papers not corroborated with assessee, there is absolutely no room for presumption that it belongs…