THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 29th March, 2016 G.S.R. 350(E).– In pursuance of section 5 of the Public Provident Fund Act, 1968 (23 of 1968) the Central Government hereby notifies that the subscriptions made to the fund on or after… Read More »
DISCONTINUATION OF PHYSICAL PRE-PRINTED NSC AND KVP CERTIFICATES W.E.F. 1-4-2016 OFFICE MEMORANDUM F.NO.1/04/2016-NS.II], DATED 1-4-2016 The undersigned is directed to refer to this Department’s OM of even number dated 23rd March, 2016, through which guidelines regarding discontinuation of physical mode of National Savings Certificate and Kisan Vikas Patra certificate and introduction of e-mode were communicated.… Read More »
Difference Between NRO Account and NRE Account Difference Between NRO Account and NRE Account : Eligibility Eligibility for Non-Resident (External) Rupee Account Scheme – NRE Account : – Non-resident Indians (NRIs) and Person of Indian Origin (PIOs) are permitted to open and maintain these accounts with authorised dealers and with banks (including cooperative banks) authorised by the Reserve… Read More »
RBI has issued the following Notifications relating to NRO Account, NRE Account, FCNR Account , SNRR Account THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 1st April, 2016 No. FEMA 5(R)/2016-RB Foreign Exchange Management (Deposit) Regulations, 2016 G.S.R. 389(E).—In exercise of the powers… Read More »
THE GAZETTE OF INDIA EXTRAORDINARY [PART II—SEC. 3(i)] RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 1st April, 2016 No. FEMA 13 (R)/2016-RB Foreign Exchange Management (Remittance of Assets) Regulations, 2016 G.S.R. 388(E).—In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999)… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 29th March, 2016 G.S.R. 353(E).–In exercise of the powers conferred by section 12 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby makes the following rules to amend the Kisan… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 29th March, 2016 G.S.R. 354(E).—In exercise of the powers conferred by section 12 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby makes the following rules further to amend the… Read More »
Lucknow Metro gets 450 million Euro loan from European Investment Bank Loan agreement signed in the presence of Prime Minister in Brussels Lucknow Metro will get a loan assistance of 450 million Euros (Rs.3,502 cr) from European Investment Bank (EIB) for its Phase-1A project. An agreement in this regard was signed in Brussels on March… Read More »
Gold Monetisation Scheme Liberalized to make it more attractive for potential depositors. Government had launched the Gold Monetisation Scheme (GMS) on 5th November, 2015. Thereafter a number of modifications have been made in the scheme to facilitate monetization of gold by people. The scheme has been further modified on 31st March, 2016. Now, for the… Read More »
Enhancement of Entry fee at Centrally Protected Ticketed Monuments under Archaeological Survey of India It has been decided to enhance the entry fee at 116 Centrally protected ticketed monuments under Archaeological Survey of India. The enhancement comes after a period of more than 15 years as the last increase took place in 2000. The fee… Read More »