Community & General News


Withdrawal of Legal Tender Status for ₹ 500 and ₹ 1000 Notes

 09 November 2016 at 09:48

Government of India vide their Notification no. 2652 dated November 8, 2016 have withdrawn the Legal Tender status of ₹ 500 and ₹ 1,000 denominations of banknotes of the Mahatma Gandhi Series issued by the Reserve Bank of India till November 8, 2016.

Posted in Community & General |   1 comments |   4050 Views


RBI issues Rs. 500 notes in new series

 09 November 2016 at 09:48

RBI issues Rs. 500 notes in new series

Posted in Community & General |   3 comments |   4848 Views


Historic announcements on ending corruption and black money by PM

 09 November 2016 at 08:04

Historic announcements on ending corruption and black money by PM; Five hundred and one thousand rupee notes will no longer be legal tender from midnight tonight In a historical move that will add record strength in the fight against corruption, blac

Posted in Community & General |   1 comments |   3066 Views


Rupees 500 and 1000 notes cease to be legal tender from midnight tonite

 08 November 2016 at 22:10

With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive activities such as espionage,

Posted in Community & General |   14463 Views


Prohibition of Benami Property Transactions Act, 1988

 29 October 2016 at 13:06

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes Subject: Prohibition of Benami Property Transactions Act, 1988 –reg.Benami Property Transactions Act, 1988 has been amended by the Benami Transactions (Pro

Posted in Community & General |   1 comments |   6519 Views


Govt issues Sovereign Gold Bonds Scheme 2016

 21 October 2016 at 12:43

Government decides to issue Sovereign Gold Bonds Scheme 2016 -17–Series III; Applications for the bond to be accepted from October 24, 2016 to November 02, 2016 and the Bonds will be issued on November 17, 2016. Government of India, in consult

Posted in Community & General |   3513 Views


Financial assistance to articled assistants

 15 October 2016 at 14:09

The Chartered Accountants’ Students Benevolent Fund (CASBF) The Board of Trustees has decided to provide financial assistance of Rs. 1500/- p.m, for articled assistants who are registered for Intermediate (IPC)/IPCC course and Rs. 2000/- P.M. f

Posted in Community & General |   3 comments |   4590 Views


Group formed to realign provisions of CA Act,1949

 15 October 2016 at 14:09

Council Affairs/M-626/2016 14th October, 2016ALL MEMBERS OF THE COUNCILMadam/Dear Sir,The Executive Committee, at its 557th meeting held on 3rd September, 2016, has decided to constitute a Group to review and realign the provisions of Chartered Ac

Posted in Community & General |   3297 Views


RBI reduces repo rate by 25 basis points to 6.25 per cent

 05 October 2016 at 15:20

Standing Liquidity Facility for Primary DealersRBI/2016-17/75REF.No.MPD.BC.381/07.01.279/2016-17Ashwina 12,1938(Saka)October 4, 2016ToAll Primary DealersDear Sir/Madam,Standing Liquidity Facility forPrimary DealersPlease refer to the Fourth Bi-monthl

Posted in Community & General |   2748 Views


Simplified Proforma for incorporating a company electronically launched

 04 October 2016 at 12:59

Ministry of Corporate Affairs took another bold initiative in Government Process Re-engineering (GPR) and launched a Simplified Proforma for Incorporating a Company Electronically (SPICe) e-Form on the occasion of Gandhi Jayanthi 2016 

Posted in Community & General |   3417 Views



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