Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 21, 2016) (Updated as on November 21, 2016) (Updated as on November 18, 2016) (Updated as on November 16, 2016) (Updated as on November 14, 2016) (Updated as on November 12, 2016)… Read More »
No leakage of question paper relating to Paper 7, Direct Tax Laws of CA Final examination held on 13th November 2016. – (19-11-2016) No leakage of question paper relating to Paper 7, Direct Tax Laws of CA Final examination held on 13th November 2016. Our attention has been drawn to some unfounded reports in social… Read More »
ICAI Press Release-Clarification on Sting Operation carried out by “Aaj Tak” News Channel (E) – (15-11-2016) The Institute of Chartered Accountants of India (ICAI) welcomes the historic decision of Government of India to fight against Corruption, Black Money, Terrorism and counterfeit Currency. This is a giant leap towards creating a clean and corruption-free economy. The… Read More »
Purchase of seeds with Old bank Note Rs 500 As per the following notification Govt of India has allowed use of old Bank Note of Rs 500 till 24.11.2016 for making payments towards purchase of seeds from the centres, units or outlets belonging to the Central or State Governments, Public Sector Undertakings, National or State Seeds… Read More »
Public can continue to accept ₹ 10 coins as legal tender: RBI Date : Nov 20, 2016 The Reserve Bank of India puts into circulation coins minted by the Government of India. These coins have distinctive features. Coins in new denominations to meet transaction needs of public and coins in new designs to reflect various… Read More »
RBI/2016-17/141 DCM (Plg) No.1304/10.27.00/2016-17 November 20, 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/ District Central Co-operative Banks Dear Sir, Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/-… Read More »
Date : Nov 18, 2016 The Reserve Bank of India had issued instructions to banks on November 14, 2016 that banks shall waive levy of ATM charges for all transactions by saving bank customers done at all ATMs, irrespective of the number of transactions during the month, from November 10, 2016 till December 30, 2016,… Read More »
RBI/2016-17/140 DPSS.CO.PD.No.1280/02.14.003/2016-17 November 18, 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 / All Card Network Providers Dear Madam / Sir, Cash Withdrawal at Point-of-Sale (POS) – Withdrawal limits and customer fee/charges – Relaxation… Read More »
Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 18, 2016) (Updated as on November 18, 2016) (Updated as on November 16, 2016) (Updated as on November 14, 2016) (Updated as on November 12, 2016) (Updated as on November 11, 2016)… Read More »
CIRCULAR CIR/IMD/FPIC/123/2016 November 17, 2016 To, 1. All Foreign Portfolio Investors (“FPIs”) through their Designated Depository Participants (“DDPs”)/ Custodian of Securities. 2. The Depositories (NSDL and CDSL) 3. All Recognized Stock Exchanges 4. KYC Registration Agencies (KRAs) Sir/ Madam, Subject: Review of requirement for copy of PAN Card to open accounts of FPIs 1. Please… Read More »