Tag: demonetisation
PMJDY accounts cash withdrawal limit-Rs. 10000/- per month for fully KYC complaint account and Rs. 5000/- for Limited or Non KYC compliant account-RBI Reserve Bank of India Accounts under PMJDY – Precautions RBI/2016-17/165 DCM (Plg) No. 1450/10.27.00/2016-17 November 29, 2016 The Chairman / Managing Director/ Chief Executive Officer, …
Unlimited cash withdrawal of new notes deposited in bank allowed on or after November 29 2016 for active circulation of currency notes-RBI Reserve Bank of India Withdrawal of cash from bank deposit accounts – Relaxation RBI/2016-17/163 DCM.No.1437/10.27.00/2016-17 November 28, 2016 The Chairman / Managing Director/ Chief Executive Officer, …
No 200 percent Penalty if income declared us 115BBE and 75% of tax and surcharge is paid before the end of the previous year as per post demonetization amendments in Income Tax Penal Provisions. Finance Minister has today introduced Taxation Laws (Second Amendment) Bill 2016 in Lok Sabha …
No revision in cash withdrawal limit including ATM. The limit of Rs 24000 was to be reviewed on 24-11-2016 as per RBI notification dated 08-11-2016 Reserve Bank of India Withdrawal of cash – Weekly limit RBI/2016-17/158 DCM (Plg) No.1424/10.27.00/2016-16 November 25, 2016 The Chairman / Managing Director/ Chief …
Exchange of old bank notes at RBI counters from 25-11-2016. The exchange shall be subject to the current limits Reserve Bank of India Withdrawal of Legal Tender Status of ₹ 500 and ₹ 1000: Exchange Facility at RBI to continue Date : Nov 25, 2016 The Reserve Bank …
Old bank notes Deposit allowed in post office savings account. Earlier Ministry banned demonetised notes deposits into small savings scheme accounts It is no more a secret that the Government on demonetisation of Rs. 500/- and Rs. 1000/- bank notes, has been caught unprepared and each day varying …
Old bank notes deposit in small savings scheme account not allowed-Ministry of Finance F. No. 1/04/2016-NS Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated 22nd November, 2016 To 1. The Chief general Manager Reserve Bank of India Department of Government and Bank …
Cash availability for Rabi Crop Season loans to farmers. RBI advises currency chests banks to ensure adequate cash supply to the DCCBs and RRBs. Reserve Bank of India Making cash available for cash for Rabi Crop Season – Advisory to banks RBI/2016-17/148 DCM (Plg) No.1345/10.27.00/2016-17 November 22, 2016 …
Fraud in withdrawal of new bank notes by bank officials in connivance with miscreants. RBI warns banks of strict compliance and record maintenance. Reserve Bank of India Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Fraudulent Practices RBI/2016-17/147 DCM …
Committees to visit States to report status of demonetisation scheme implementation. At least 2 days to be given to allocated State/UT during visit. Ministry of Finance Press Release Dated: 21 Nov 2016 The Central Government constitutes Committees of Addl. Secretaries/Joint Secretaries/Directors for visiting States/UTs and reporting about the …