Tag: demonitisation
Rs 5000 one time deposit circular withdrawn by RBI. Earlier it was mandated that above Rs. 5000 old bank notes can be deposited once only Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes (Specified Bank Notes) – Deposit of Specified Bank Notes …
No debit transfer withdrawals in non KYC compliant bank accounts with balance of 5 lakhs+ or 2 lakhs deposits after 09-11-2016-RBI Reserve Bank of India Compliance to provisions of Master Direction on Know Your Customer (KYC) RBI/2016-17/183 DBR.AML.BC.48/14.01.01/2016-17 December 15, 2016 All Regulated Entities Dear Sir/Madam, Compliance to …
e-Payment Incentives-Cheaper Petrol Free insurance No service tax up to Rs 2000 per transaction, Toll Plaza and rail retiring rooms/MST discount-Promotion for cashless transactions by Finmin Finance Ministry Press Release Dated: 08-12-2016 Package for Promotion of Digital and Cashless Economy In the aftermath of the cancellation of the …
Cash withdrawal limit from bank accounts-atm to be decided by RBI. Powers given to RBI including withdrawal from current account and ATM-Finance Ministry MINISTRY OF FINANCE (DEPARTMENT OF ECONOMIC AFFAIRS) NOTIFICATION New Delhi, 30th November, 2016 S.O. 3599(E).—In exercise of the powers conferred by sub-section (2) of section …
Old bank notes exchange by banks discontinuation from 25-11-2016. Now such SBN of Rs. 500 and 1000 can be deposited in bank only or exchanged in RBI counters. Reserve Bank of India Discontinuation of over the Counters Exchange of SBN RBI/2016-17/155 DCM (Plg) No.1391/10.27.00/2016-17 November 24, 2016 The Chairman …
Payments by old bank notes allowed till 15-12-2016 by Rs. 500 note only. Rs. 1000 notes to be deposited in bank only. PRESS INFORMATION BUREAU GOVERNMENT OF INDIA ******** After due consideration of all relevant aspects, the Central Government takes various decisions relating to certain operational aspects of …
Cash deposits notices from Income tax department on demonetization of currency notes-sending started. Notice from Investigation Wing Siliguri It is learnt that Income Tax Department (Directorate of Investigation) apart from asking cash balances as on 08-11-2016, has started sending notices for inquiring cash deposits made. It is notable …
