Tag: demonetisation
Declaration form for NRIs to deposit Old Notes SBNs on arrival in India at Airport, Land Custom Stations from 31.03.2017 to 30.06.2017 for affixing stamp and submission to RBI Circular No. 60/2016-Customs F.No.520/09/2016-CusVI Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs …
Exchange of old notes-SBNs during Grace Period for resident and non-resident citizens who could not avail facility till 30-12-2016 due to absence from India Reserve bank of India Facility for exchange of Specified Bank Notes (SBNs) during Grace Period – Verification of KYC and Account details RBI/2016-17/205 DCM …
Text of PMs address to Nation on New Year 2017. Cheaper Housing Loans, Rabi Loan Interest payment delayed by 60 days and other reliefs. My fellow citizens, In a few hours, we will be ushering in the new year of 2017. 125 crore Indians will join the rest …
Specified Bank Notes Cessation of Liabilities Ordinance 2016 passed. Penalty of higher of Rs. 10000 or five times for dealing in old notes (SBNs) Ministry of Finance Dated: 31/12/2016 Press Release The President of India approves the Promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 …
Daily ATM cash withdrawal limit increased to Rs 4500 from 01-01-2017 per day per card from Existing limit of Rs. 2500. No change in weekly limits-RBI Reserve Bank of India Cash withdrawal from ATMs – Enhancement of daily limits RBI/2016-17/204 DCM (Plg) No. 2142/10.27.00/2016-17 December 30, 2016 The …
Old Notes cannot form part of bank cash balances as on 31-12-2016. RBI Circular-Closure of scheme of exchange of SBNs and Accounting RBI/2016-17/201 DCM (Plg) No.2103/10.27.00/2016-17 …
Demonetisation-Revenue collection belies adverse impact predicted by critics. Assessment can be unreal but revenue is real-Finance Ministry Ministry of Finance Dated: 29/12/2016 Press Release Statement made by the Union Finance Minister Shri Arun Jaitley on Remonetisation and its impact. Following is the transcription of the Statement made by …
Banks to conduct due diligence for old bank notes deposit exceeding Rs.5000 between 19th and 30th December, 2016 for not depositing earlier Ministry of Finance Dated: 19-12-2016 Press release Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30th December, 2016 The deposits …
Old note bank deposit one time limit not apply to PMGKY-2016. After Mof notification dated 18-12-2016, RBI notification clarifies on various aspects of SNNS deposit into bank accounts Reserve Bank of India Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes (Specified Bank …
RBI on 21-12-2016 withdrawn the one time deposit limit along with requirement of enquiry by two bank officials for KYC compliant bank accounts. Read more Click Here >> Old bank notes can be deposited in bank account only once till 30-12-2016 if the amount is in excess of …
