Category Archives: News

Guide to Prevention of Money-laundering Act 2002-As amended by Finance (No. 2) Act 2019 and Aadhaar and Other Laws (Amendment) Act 2019 (September 2019 Edition)

By | September 3, 2019

Guide to Prevention of Money-laundering Act 2002-As amended by Finance (No. 2) Act 2019 and Aadhaar and Other Laws (Amendment) Act 2019 (September 2019 Edition) Paperback – 2019 by Taxmann (Author) Incorporating Guide to Prevention of Money-laundering Act 2002 Amendments made by Finance (No. 2) Act 2019, Aadhaar and Other Laws (Amendment) Act 2019 and Finance Act 2019 in… Read More »

Banks has to enter Aadhaar Number in Bank accounts opened for Direct Benefit Transfer (DBT) Scheme

By | August 23, 2019

Direct Benefit Transfer (DBT) Scheme – Implementation RBI/2019-20/40 FIDD.CO.LBS.BC.No.09/02.01.001/2019-20 August 13, 2019 The Chairmen / Managing Directors & CEOs Scheduled Commercial Banks (including Regional Rural Banks), Small Finance Banks and Payments Banks Madam / Dear Sir, Direct Benefit Transfer (DBT) Scheme – Implementation Please refer to Circular RPCD.CO.LBS.BC.No.75/02.01.001/2012-13 dated May 10, 2013 and RPCD.CO.LBS.BC.No.11/02.01.001/2013-14 dated July 9, 2013regarding… Read More »

Usage of ATMs – Free ATM transactions – Clarifications

By | August 23, 2019

RBI/2019-20/41 DPSS.CO.PD No. 377/02.10.002/2019-20 August 14, 2019 All Scheduled Commercial Banks including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Small Finance Banks / Payment Banks / White Label ATM Operators Madam / Sir, Usage of ATMs – Free ATM transactions – Clarifications Please refer to… Read More »

Real Time Gross Settlement (RTGS) System – Increase in operating hours

By | August 23, 2019

RBI/2019-20/46 DPSS (CO) RTGS No.364/04.04.016/2019-20 August 21, 2019 The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS Madam / Dear Sir, Real Time Gross Settlement (RTGS) System – Increase in operating hours A reference is invited to the circular DPSS (CO) RTGS No. 2488/04.04.016/2018-19 dated May 28, 2019 on ‘Real Time… Read More »

Multipurpose Empanelment Form (MEF) for the year 2019-20 for Practicing Chartered Accountants

By | August 22, 2019

Practicing Chartered Accountants are invited to fill the Multipurpose Empanelment Form (MEF) for the year 2019-20 at www.meficai.org . The key highlights of the MEF- 2019-20 are: Applicants registered earlier for MEF 2018-19 have to simply login with MEF 2018-19 credentials. Most of fields are pre-filled and auto-populated from Institute’s records or last year’s MEF. Please refer… Read More »

Publication on Valuation: Professionals’ Insight by ICAI

By | August 12, 2019

  The Valuation Standards Board of ICAI and ICAI Registered Valuers Organisation (ICAI RVO) are bringing out this Third Series of publication on ‘Valuation: Professionals’ Insight’ to give a thoughtful insight of the practices followed by other valuers and professionals. With globalisation and dismantling of trade barriers, corporates are increasingly making international forays- be it… Read More »

The Consumer Protection Act 2019

By | August 10, 2019

The Consumer Protection Act  2019 MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 9th August, 2019/Shravana 18, 1941 (Saka) The following Act of Parliament received the assent of the President on the 9th August, 2019, and is hereby published for general information:— THE CONSUMER PROTECTION ACT, 2019 NO. 35 OF 2019 [9th August,… Read More »