Tag: Withdrawal of 2000 500 Bank Notes

Download application format for marriage cash withdrawal List of documents-proof to be annexed with the application as per latest RBI Guidelines

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

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

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

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

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 …

Cash deposits notices from Income tax department on demonetization of currency notes-sending started. Notice from Investigation Wing Siliguri

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 …

Action on using other persons Bank Accounts to deposit cash to convert black money into New Denomination Notes-Finance Ministry

Action on using other persons Bank Accounts to deposit cash to convert black money into New Denomination Notes-Finance Ministry  Ministry of Finance Dated: 18 Nov, 2016 Press Release Strict Action against Tax Evaders using other persons’ Bank Accounts to convert their Black Money into New Denomination Notes; Person(s) …