Community & General News


FM Arun Jaitley presents the Economic Survey 2016-17

 31 January 2017 at 13:23

Finance Minister Shri Arun Jaitley Presented Economic Survey 2016-17 in the Parliament today Economic Survey says economic growth to return to normal as new currency notes in required quantities come back into circulation and follow-up action on demo

Posted in Community & General |   2715 Views


Property Tax can be tapped to generate Additional Revenue at City Level

 31 January 2017 at 16:10

The Economic Survey 2016-17, presented today in the Parliament by the Union Finance Minister Shri Arun Jaitley, stated that Urban Local Bodies (ULBs), having primary responsibility for the development and service provisioning of cities

Posted in Community & General |   2811 Views


PM urges all political parties to enable smooth Budget Session of Parliament

 30 January 2017 at 17:57

PM urges all political parties to enable smooth Budget Session of Parliament Budget advancement for efficient resource utilization; due care will be taken as it comes ahead of polls, says Finance Minister Government will observe restraint in Budget

Posted in Community & General |   2130 Views


Limits placed on cash withdrawals from current account removed

 30 January 2017 at 17:37

Limits on Cash withdrawals from Bank accounts and ATMs - Restoration of status quo ante RBI/2016-17/217DCM (Plg) No. 2905/10.27.00/2016-17January 30, 2017The Chairman / Managing Director / Chief Executive Officer,Public Sector Banks / Private Sector

Posted in Community & General |   13986 Views


No final decision on levy of banking cash transaction tax

 27 January 2017 at 13:42

No Final Decision taken on the Recommendations of the Committee of Chief Ministers on Digital Payments constituted under the Chairmanship of Shri Chandrababu Naidu, Chief Minister of Andhra Pradesh A Committee of Chief Ministers was constituted under

Posted in Community & General |   9 comments |   2538 Views


FRBM committee presents report to Finance minister

 24 January 2017 at 10:48

The Fiscal Responsibility and Budget Management (FRBM) Committee headed by Shri N.K. Singh presents its Report to the Union Finance Minister Shri Arun Jaitley today. The Fiscal Responsibility and Budget Management (FRBM) Committee headed by Shri N.K.

Posted in Community & General |   1 comments |   2499 Views


India participates in JITSIC meeting on 'Panama Papers'

 23 January 2017 at 10:46

India participated in the Joint International Taskforce on Shared Intelligence and Collaboration (JITSIC) meeting held in Paris on 16th and 17th January 2017 where 30 Revenue Authorities shared their findings on investigations arising from the Panama

Posted in Community & General |   1707 Views


Annual Improvements to IFRS Standards 2015-2017 Cycle

 19 January 2017 at 10:53

Exposure Draft issued by the International Accounting Standards Board (the Board) on proposed amendments to three Standards for public consultation as part of its annual improvements process. The document contains proposed amendments to IAS 12 Income

Posted in Community & General |   2703 Views


Ministry of Finance denies any collaboration with the tainted UK based Note Printing Company

 19 January 2017 at 10:53

There have been reports in sections of media stating that the Union Government has compromised the national interest by collaborating with a tainted UK based Note Printing Company.The said company had been supplying bank note paper till 2010. Furthe

Posted in Community & General |   1689 Views


RBI raises ATM withdrawal limit to Rs 10,000 per day with immediate effect

 16 January 2017 at 17:33

RBI/2016-17/213DCM (Plg) No.2559/10.27.00/2016-17January 16, 2017 The Chairman / Managing Director / Chief Executive Officer,Public Sector Banks / Private Sector Banks / Foreign Banks /Regional Rural Banks / Urban Co-operative Banks /State Co-operati

Posted in Community & General |   2 comments |   16158 Views



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