Daily Archives: July 21, 2016

788 Companies under DRI Scanner for export proceeds pending for realisation

By | July 21, 2016

SIT directs Enforcement Directorate to take necessary action under FEMA with respect to 216 Companies with respect to the period before 1st March, 2016 and 572 Companies for the period after 1st March, 2016 for which each such Company had export proceeds pending for realisation for more than Rs. 100 crore; SIT also directed Directorate… Read More »

Equalization levy Challan ITNS 285 for making Payment

By | July 21, 2016

Equalization levy Challan ITNS 285 As per Finance Bill of 2016, Equalization levy is applicable for certain specified services related to digital domain wherein the amount of consideration exceeds a specified value (threshold prescribed by Income Tax Department). Rules to The Finance Act, 2016 states that with effect from July 1, 2016, equalization levy @… Read More »

Book on CARO 2016 [ june 2016 Edition}

By | July 21, 2016

Law and Practice Relating to CARO 2016 (English) (Paperback) BUY Specifications of Law and Practice Relating to CARO 2016 (English) (Paperback) BOOK DETAILS Publisher Taxmann Publications (P.) Ltd. ISBN-10 9350719703 Edition Fifth Publication Year 2016 Language English ISBN-13 9789350719701 Binding Paperback

Book on Real Estate Act 2016 [2016 Edition]

By | July 21, 2016

Guide to Real Estate (Regulation and Development) Act 2016 (English) Click BUY Book Book on Real Estate Act 2016 Specifications of Guide to Real Estate (Regulation and Development) Act 2016 (English) (Paperback) BOOK DETAILS Publisher Taxmann ISBN-10 9350718774 Edition 1 Publication Year 2016 Language English ISBN-13 9789350718773 Binding Paperback    

RBI Master Direction on Currency Distribution & Exchange Scheme

By | July 21, 2016

RBI/DCM/2016-17/36 Master Direction DCM (CC) No.G-4/03.41.01/2016-17 July 20, 2016 The Chairman and Managing Director / Chief Executive Officers, All Banks Madam / Dear Sir, Master Direction on Currency Distribution & Exchange Scheme (CDES) based on performance in rendering customer service to the members of public In terms of the Preamble and under Section 45 of… Read More »

RBI Master Direction on Penal Interest for Currency Chest Transactions misreporting

By | July 21, 2016

RBI/DCM/2016-17/35 Master Direction DCM(CC) No.G -2/03.35.01/2016-17 July 20, 2016 1. The Chairman & Managing Director/Chief Executive Officer (All Banks having Currency Chests) 2. The Director of Treasuries (State Governments) Dear Sir/Madam Master Direction on Levy of Penal Interest for Delayed Reporting/Wrong Reporting/Non-Reporting of Currency Chest Transactions and Inclusion of Ineligible Amounts in Currency Chest Balances… Read More »

Penalties for bank branches for defeciencies in rendering customer service to public -RBI Master Circular

By | July 21, 2016

RBI/2016-17/23 DCM (CC) No.G-3/03.44.01/2016 – 17 July 20, 2016 The Chairman & Managing Director Chief Executive Officers All Banks Madam / Dear Sir, Master Circular –Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public Please refer to the Circular DCM (CC) No.G-10/03.41.01/2015-16 dated May 05, 2016… Read More »

Category: RBI

7 New Passport Seva Kendras

By | July 21, 2016

New Passport Seva Kendras The Government has granted approval to open 7 new Passport Seva Kendras (PSK) in addition to the 89 PSKs that are working across the country. These are at Indore (Madhya Pradesh), Udaipur (Rajasthan), Solapur (Maharashtra), Siliguri, Kharagpur, Branch Secretariat Kolkata (West Bengal) and Leh (Jammu & Kashmir). No expenditure was incurred… Read More »