Tag: Withdrawal of 2000 500 Bank Notes
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 …
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) …
Myths and facts on the demonetisation Finance Ministry issued series of tweets to clarify on various myths on the demonetisation issue.
No proposal to seal bank lockers and confiscate gold/diamond jwellery-Finance Ministry tweet to clarify on various myths on the demonetisation issue Finance Ministry issued series of tweets to clarify on various myths on the demonetisation issue. Ministry said no bank lockers will be sealed. It said enforcement agencies …
Exchange of old bank notes upto Rs 2000 only once. RBI has clarified in its updated FAQ that over the counter exchange can be done only once The question and answer No. 14 deals with this issue as under: 14. Can I exchange ₹ 2000 more than once? …
Penalties shall followed by prosecutions-CBDT Chairman. Action shall be taken even before filing return for huge cash deposits with unmatched past profile of the assessees. CBDT Chairman Shri Sushil Chandra in his latest TV interview has hinted the impending actions that are being planned by the CBDT after 30th …
Transactions for which Quoting PAN Mandatory. The list under Rule 114B as on date requiring PAN quoting including banking transactions. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 17th November, 2016 PRESS RELEASE Sub : Transactions in Relation to which …
New Rule 12E-ITO authorsied to issue notice u/s 143(2) for scrutiny. Move to create enough manpower to scrutinise income tax returns post 30-12-2016 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 105 /2016 New Delhi, the 16th November, 2016 G.S.R. 1073(E).—In exercise of the powers …
For marriages old bank note withdrawal limit Rs 250000 after giving proof. Cash limit of Rs. 2,50,000/- will apply separately to girl’s and boys family The Government in a press conference has announced further measures to provide relief to general people in view of problems of cash crunch …
Over the Counter Old Bank Note Exchange limit reduced to Rs 2000 from exiting limit of Rs. 4500/- The Government in a press conference has announced further measures to provide relief to agriculturist in view of problems of cash crunch faced by them. Agriculturist can now draw cash …
