demonetisation

  • Income Tax

SOP for verification of Cash deposits in bank post demonetisation.

SOP for verification of Cash transactions deposits in bank by Income Tax Officers post demonetisation. CBDT issues detailed Standard Operating…

7 years ago
  • Finance Ministry

Harsh punitive actions against shell companies to prevent misuse for money laundering and tax-evasion

Harsh punitive actions against shell companies to prevent misuse for money laundering and tax-evasion for unearthing black money post demonetization…

7 years ago
  • RBI

No savings bank cash withdrawals limit from 13-03-2017. Limit enhanced to Rs. 50,000 per week from 20-02-2017

No savings bank cash withdrawals limit from 13-03-2017. Limit enhanced to Rs. 50,000 per week from current limit of Rs.…

7 years ago
  • Finance Ministry

Reports submitted to RBI regarding SBN deposited in banks as on 30-12-2016. Still No data appears to be available on Fake Currency Notes returned

Reports submitted to RBI regarding SBN deposited in banks as on 30-12-2016. says Government. However still no data appears to…

7 years ago
  • Finance Ministry

Economic Survey 2016-17 Impact of Demonetisation. Effect through end-December and likely longer-term effect. Cash squeeze to end by April 2017.

Economic Survey 2016-17 Impact of Demonetisation. Effect through end-December and likely longer-term effect. Cash squeeze to end by April 2017.…

7 years ago
  • RBI

Cash Withdrawal Limit Removed-ATM for current overdraft cash credit accounts immediately and for ATM from 01-02-2017

Cash Withdrawal Limit Removed-ATM for current overdraft cash credit accounts immediately and for ATM from 01-02-2017 Reserve Bank of India…

7 years ago
  • RBI

Business Sentiments for Q4:2016-17 Declines-RBI Survey. 76th round of RBI Industrial Outlook Survey (IOS) was conducted during Oct-Dec 2016

Business Sentiments for Q4 2016-17 Declines-RBI Survey Decline in Overall Business Sentiments for Q4:2016-17: RBI’s Industrial Outlook Survey finds The…

7 years ago
  • RBI

ATM-Current account Cash withdrawal limit increased. For ATM from 4500/- to 10000/- per day per card and for C/A from 50000/- per week to 100000/-

ATM-Current account Cash withdrawal limit increased. For ATM  from Rs. 4500/- to 10000/- per day per card and for C/A…

8 years ago
  • Government

Demonetization resulted sharp decline in terror funding hawala trade, supari killings and human trafficking

Demonetization resulted sharp decline in terror funding hawala  trade, supari killings and human trafficking, particularly of young girls as sex…

8 years ago
  • Finance Ministry

Demonetization-historic decisions have temporary pain attached to them. Difficult decisions initially pass through difficult phases as Finance Minister

Demonetization-historic decisions have temporary pain attached to them-Finance Minister Ministry of Finance Press Release Dated 11/01/2017 On demonetization, Finance Minister…

8 years ago