The President of India approves the Promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance 2016 today; The President of India has approved the promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 today i.e. on 30th December, 2016. The Ordinance is a follow-up to the decision taken by the Government of… Read More »
Indian Railways Measures to Promote Digital Payments In pursuance of this announcement made by Government of India for promotion of Digital & Cashless Economy, Ministry of Railways has initiated some additional following package of incentives and measures. This shall be made effective from 1st January 2017. 1. Ministry of Railways has decided to instruct Yatri… Read More »
Indian Railways Extends the facility of 10% rebate in Basic Fare on Vacant Berth/Seats after Preparation of First Chart In All Kinds of Trains This Facility will be Available With Effect From 1st January 2017 In continuation with its earlier announcement of providing 10% rebate in the basic fare on the vacant berths/seats after preparation… Read More »
India and Singapore Sign a Third Protocol for Amending the Double Taxation Avoidance Agreement (DTAA) India and Singapore have amended the DTAA for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income, by signing a Third Protocol today. This is in line with India’s treaty policy to prevent… Read More »
The Reserve Bank of India has offices at 31 locations. 1. SRINAGAR Reserve Bank of India, Srinagar office, Amir Manzil, 1-C, Rajbagh, Srinagar(Jammu and Kashmir)190 008 Tel No. 0194-2312685, 2312899 Fax No. 0194- 2454249 2. JAMMU [The Jurisdiction of this RBI office is the State of Jammu & Kashmir ] Rail Head Complex, Jammu –… Read More »
CHANDIGARH REGIONAL OFFICE HOLIDAY LIST FOR THE YEAR 2017 • Holiday under Negotiable Instruments Act • Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday • RBI’s Annual Closing of Accounts • Banks’ Closing of Accounts and Real Time Gross Settlement Holiday January 5 Guru Govind Singh’s Birthday • 26 Republic Day •… Read More »
MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) PUBLIC NOTICE New Delhi, the 29th December, 2016 No. 48/2015-2020 Subject: Procedure for claiming Duty Credit Scrips under Chapter 3 of FTP 2009 -14 for shipments where LEO date is upto 31.03.2015 but date of export is on or after 01.04.2015. F. No. 01/61/180/88/AM16/PC-3.—In exercise of powers… Read More »
Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, Areca Nuts, Gold And Silver Notified In exercise of the powers conferred by Sub-section (2) of Section 14 of the Customs Act, 1962 (52… Read More »
Direct Tax Dispute Resolution Scheme- 2016 extended up to 31st January, 2017 In view of the representations received from various stakeholders and for the convenience of the taxpayers, the last date for availing the Direct Tax Dispute Resolution Scheme, 2016 (the Scheme) has been extended up to 31st January, 2017. The scheme was to close… Read More »
RBI/2016-17/202 DPSS.CO.PD. No.1621/02.10.002/2016-17 December 30, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Authorised ATM Network Operators /Card Payment Network Operators/ White Label ATM Operators Dear Madam/ Sir, White Label ATM Operators (WLAOs)… Read More »