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Cabinet approves the Renewal of MOU between ICAI and CBFS Oman
15 December 2016 at 11:39Cabinet approves the Renewal of MoU between the Institute of Chartered Accountants of India (ICAI) and College of Banking and Financial Studies (CBFS), Oman The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post fact
Report Card on GST Implementation
15 December 2016 at 11:39Report Card on GST Implementation; Government of India lost no time in implementing the GST so far; Discussions in GST Council have been very cordial and all decisions till now have been taken by consensus; Members of the Council are participating in
We are now rapidly completing remonetisation exercise says FM
14 December 2016 at 11:03Transcription of the Finance Minister’s Statement made to media today The Congress party was in power for 10 years continuously from 2004-14. There were two striking features of that regime. The First that it did not take even a single step eit
RBI directs banks to maintain CCTV recordings of operations at bank branches
13 December 2016 at 16:05RBI/2016-17/181DCM (Plg) No. 1712/10.27.00/2016-17December 13, 2016The Chairman & Managing DirectorChief Executive OfficersAll BanksDear Sir,Preservation of CCTV recordingsPlease refer to paragraph (5) of our circular DCM (FNVD) No.1134/16.01.05/
Extension of last date of form submission for financial assistance to article students
13 December 2016 at 16:05The 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. for those students registered for final course and are currently un
RBI denies any move to cancel license of Axis bank
13 December 2016 at 10:45The Reserve Bank of India today clarified that it has not initiated any action to cancel the banking licence of Axis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified B
ICAI issues mandatory KYC norms for its members
12 December 2016 at 11:28ANNOUNCEMENT OF KYC NORMS All the members of Institute of Chartered Accountants of India (ICAI), who are in practice, are hereby informed that the Council has formulated the Know Your Client (KYC) norms at it’s 356th Meeting held on 29th, 30th
Finance ministry directs all banks to maintain record of old and new currency deposit
12 December 2016 at 11:28The Ministry of Finance through a letter to all the MDs &CEOs/CMDs of PSBs and Chairman, IBA directs that all the bank branches in the country be alerted to reflect correctly the cash deposit in old and new currency and inform the customers about
Exemption withdrawn for usage of Rs 500 old notes at railways
10 December 2016 at 15:42Government withdraws exemptions given for the use of Rs.500/- old notes, from the mid night of December 9, 2016, for making payments at railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses for purchase of tick
Direct tax collection grows to 4.12 lakh crore till Nov
10 December 2016 at 15:42Direct Tax Collections up to November, 2016 show net collections at Rs. 4.12 lakh crore which is 15.12% more than the net collections for the corresponding period last year
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