Daily Archives: November 18, 2016

Withdrawal for Marriage Max. Rs Limit 2.5 Lakh : Govt Notification

By | November 18, 2016

Withdrawal for Marriage Salient Features of Cash Withdrawal for Marriage  From Bank account For wedding expenses a maximum of Rs. 2,50,000/- may be withdrawn in cash from the bank accounts, subject to such conditions as may be specified by the Reserve Bank of India. ( As per below Notification of Govt of India dated 18.11.2016… Read More »

Old Bank Note Exchange Limit Rs 2000 w.e.f 18.11.2016 -Govt Notification

By | November 18, 2016

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 17th November, 2016 S.O. 3479(E).—In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby further amends the notification of the Government of India, in the Ministry of… Read More »

Notification No S.O. 3418(E) CORRIGENDUM

By | November 18, 2016

MINISTRY OF FINANCE (Department of Economic Affairs) CORRIGENDUM New Delhi, the 9th November, 2016 S.O. 3418(E).—In the notification of the Government of India, Ministry of Finance, Department of Economic Affairs, published vide number S.O. 3407(E), dated the 8th November, 2016, in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) — (i) in… Read More »

Bank Notes Exchange over upto Rs 2000 only once per person w.e.f 18.11.2016 : RBI

By | November 18, 2016

RBI/2016-17/139 DCM (Plg) No.1302/10.27.00/2016-17 November 17, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks Dear Sir, Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Exchange… Read More »