Tag: Withdrawal of 2000 500 Bank Notes
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 …
Download application format for marriage cash withdrawal List of documents-proof to be annexed with the application as per latest RBI Guidelines. Reserve Bank of India Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Cash withdrawal for purpose of celebration …
Revision in cash withdrawal limit for farmers-traders registered with APMC markets/mandi. Limit is 25000 for farmers and 50000 for Traders-RBI Reserve Bank of India Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Revisions RBI/2016-17/146 DCM (Plg) No.1323/10.27.00/2016-17 November 21, 2016 The …
Old bank notes of 500 accepted for seed purchase with proof of identity from Central/State Govt. Centres, PSUS or specified Corporations Universities MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 20th November, 2016 S.O. 3490(E).—In exercise of the powers conferred by sub-section (2) of section …
Substandard classification of bank loans deferred 60 days due to demonetisation. Relief given in repayment by RBI relaxing Prudential Norms Reserve Bank of India Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances RBI/2016-17/143 DBR.No.BP.BC.37/21.04.048/2016-17 November 21, 2016 All Entities Regulated by the Reserve Bank …
Demonetised notes not unexplained money us 69A-No penalty 271(1)(c) for concealment warranted-High Court Judgment on 1978 Demnetisation The recent demonetisation of high denomination bank notes Rs. 500/- and Rs. 1000/- is not new to India. In past also there has been demonetisation of High Denomination Notes in 1946 …
Sikkim connection of Demonetisation Scheme Tax Evasion. No income tax payable by Sikkimese person u/s 10(26AAA) of Income Tax Act, 1961 Post demonetisation and withdrawal of old bank notes of the denomination of Rs. 500/- and 1000/- as reported, the Income Tax Department is all set to tighten …
Not get lured by black money converters and be a crime partner. CBDT warns people allowing their bank accounts to convert black money into new notes Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 18th November, 2016. PRESS RELEASE Sub: …
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 …
SC refuses stop High Courts listening demonetisation petitions challenging the move to withdraw old bank notes. Supreme Court today refused the Central Government plea to stop various High Courts from entertaining and/or listening pending petitions challenging the move to withdraw old bank notes currency of Rs 500 and …
