SC refuses stop High Courts listening demonetisation petitions challenging the move to withdraw old bank notes. Supreme Court today refused…
Action on using other persons Bank Accounts to deposit cash to convert black money into New Denomination Notes-Finance Ministry Ministry…
Myths and facts on the demonetisation Finance Ministry issued series of tweets to clarify on various myths on the demonetisation…
No proposal to seal bank lockers and confiscate gold/diamond jwellery-Finance Ministry tweet to clarify on various myths on the demonetisation…
Exchange of old bank notes upto Rs 2000 only once. RBI has clarified in its updated FAQ that over the…
Penalties shall followed by prosecutions-CBDT Chairman. Action shall be taken even before filing return for huge cash deposits with unmatched…
Transactions for which Quoting PAN Mandatory. The list under Rule 114B as on date requiring PAN quoting including banking transactions.…
New Rule 12E-ITO authorsied to issue notice u/s 143(2) for scrutiny. Move to create enough manpower to scrutinise income tax…
For marriages old bank note withdrawal limit Rs 250000 after giving proof. Cash limit of Rs. 2,50,000/- will apply separately…
Over the Counter Old Bank Note Exchange limit reduced to Rs 2000 from exiting limit of Rs. 4500/- The Government…