Category Archives: other Acts

₹ 2000 Banknotes Key Features

By | November 9, 2016

Issue of ₹ 2000 Banknotes Date : Nov 08, 2016 The Reserve Bank of India will shortly issue ₹ 2000 denomination banknotes in the Mahatma Gandhi (New) Series, without the inset letter, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing ‘2016’ printed on the reverse of… Read More »

New Rs 2000 banknotes issued by Reserve Bank of India

By | November 9, 2016

Issue of ₹ 2000 banknotes with inset letter ‘R’ Date : Nov 08, 2016 The Reserve Bank of India will shortly issue ₹ 2000 denomination banknotes in the Mahatma Gandhi (New) Series, with the inset letter ‘R’, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing ‘2016’… Read More »

New Rs 500 Bank Notes issued by Reserve Bank of India

By | November 9, 2016

Issue of ₹ 500 banknotes inset letter ‘E’ in Mahatma Gandhi (New) Series Date : Nov 08, 2016 The Reserve Bank of India will shortly issue ₹ 500 denomination banknotes in Mahatma Gandhi (New) Series with inset letter ‘E’ in both the number panels, bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank… Read More »

Banks closed on November 9, 2016

By | November 9, 2016

Reserve Bank of India Press release Banks closed for public on November 9, 2016 Date : Nov 08, 2016 All scheduled and non-scheduled banks, including public, private, foreign, cooperative, regional rural and local area banks, will remain closed for public on Wednesday, November 9, 2016. Alpana Killawala Principal Adviser Press Release : 2016-2017/1143 Related Post… Read More »

Rs 500 / 1000 Notes banned : Text of Indian PM Address to Nation on 08.11.2016

By | November 9, 2016

Text of Prime Minister’s address to the Nation My dear citizens I hope you ended the festive season of Diwali with joy and new hope. Today, I will be speaking to you about some critical issues and important decisions. Today I want to make a special request to all of you. You may recall the… Read More »

FEMA Transfer or Issue of Security by Person Resident outside India- (Sixteenth Amendment) Regulations 2016

By | November 8, 2016

RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 4th November, 2016 No. FEMA. 379/2016-RB Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Sixteenth Amendment) Regulations, 2016 G.S.R. 1042(E).—In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47… Read More »

Hedging Clarifications by RBI for External Commercial Borrowings

By | November 8, 2016

RBI/2016-17/110 A.P. (DIR Series) Circular No. 15 November 07, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir External Commercial Borrowings (ECB) – Clarifications on hedging Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.i and 3 of A.P. (DIR Series) Circular No.56 dated March 30, 2016 and paragraph… Read More »

Applications for vacancie in International Accounting Standards Board

By | November 8, 2016

International Accounting Standards Board (IASB) is seeking applications for vacancies in the Board (A) IASB position summary: The International Accounting Standards Board is the independent standard-setting body of the IFRS Foundation. Members of the Board represent the best available combination of technical accounting skills and experience of relevant international business and market conditions in order… Read More »

MEF 2016-17 Clarification posted by ICAI

By | November 8, 2016

PD/A-40/2016                                                                                                                                    6th October, 2016 ANNOUNCEMENT – CLARIFICATIONS IN RESPECT OF MEF 2016-17 Applicants of MEF who are (i) Applying as “Proprietary Concern” and also having Sole/Individual practice registered in Institute’s records (ii) Applying as “Individual” (either Sole/Individual practice registered or not in Institute’s records) though they are also having Proprietary Concern (iii)Applying as Proprietor and… Read More »