Sovereign Gold Bond Scheme 2016 -17 – Series IV – Issue Price Date : Feb 23, 2017 In terms of Government of India notification F. No. 4(16)-W&M/2016 and RBI circular IDMD.CDD.No.2187/14.04.050/2016-17 dated February 23, 2017, the Sovereign Gold Bond Scheme 2016-17, Series IV will be opened for subscription for the period from February 27, 2017… Read More »
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The third meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the amended Reserve Bank of India Act, 1934, was held on February 7 and 8, 2017 at the Reserve Bank of India, Mumbai. 2. The meeting was attended by all… Read More »
The Mumbai Offices of the Reserve Bank of India will remain closed on February 21, 2017 on account of Municipal Corporation Elections in Greater Mumbai, Thane and Ulhasnagar. Ajit Prasad Assistant Adviser Press Release : 2016-2017/2244
Article – 109 Constitution of India 1950 Special procedure in respect of Money Bills. 109. (1) A Money Bill shall not be introduced in the Council of States. (2) After a Money Bill has been passed by the House of the People it shall be transmitted to the Council of States for its recommendations and… Read More »
Pay IT dues in advance at RBI or at authorised bank branches – March 2017 Date : Feb 16, 2017 The Reserve Bank of India has appealed to income tax assessees to remit their income tax dues sufficiently in advance of the due date. It has also stated that assessees can use alternate channels like… Read More »
Withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of ₹ 500 and ₹ 1000 and The Specified Bank Notes (Cessation of Liabilities) Ordinance 2016 (Updated as on February 17, 2017) 1. Why was the Scheme of Withdrawal of Legal Tender Character of the old Bank Notes in the denominations of… Read More »
IIPC Paper-2: Business Laws, Ethics and Communication on 17.02.2017 Online Mentoring Session by CA. Shraddha Saxena and Ms. Megha Goel Watch Video by ICAI Related Post for CA Inter Exam Books CA inter Exam Books CA Inter IPCC Exam Books Accounting Standards Book for CA Inter IPCC by DS Rawat A Handbook on… Read More »
Foreign Investments in India (Updated as on February 13, 2017) These FAQs attempt to put in place the common queries that users have on the subject in an easy to understand language. However, for conducting a transaction, the Foreign Exchange Management Act, 1999 (FEMA) and the Regulations made or directions issued thereunder may be referred… Read More »
RBI/2016-17/233 A. P. (DIR Series) Circular No.31 February 16, 2017 To All Authorised Dealer Category – I Banks Madam/Sir Issuance of Rupee denominated bonds overseas – Multilateral and Regional Financial Institutions as Investors Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to paragraph No. 4 of A. P. (DIR Series) Circular No. 60… Read More »
RBI/2016-17/232 FMRD.DIRD.13/14.01.019/2016-17 February 16, 2017 To, All Market Participants Madam/Sir, Forward Rate Agreement (FRA) and Interest Rate Swap (IRS) – Withdrawal of Fortnightly return Attention is invited to the RBI notification ref. no. MPD.BC.187/07.01.279/1999-2000 dated July 07, 1999. As per the notification, banks were advised to submit a fortnightly return on FRA/IRS to Monetary Policy… Read More »