Community & General News
Old 500 Note cannot be used at Petrol Pump and for Air Ticket Purchase wef 03.12.2016
01 December 2016 at 17:41MINISTRY OF FINANCE(DEPARTMENT OF ECONOMIC AFFAIRS)NOTIFICATIONNew Delhi, the 30th November, 2016S.O. 3598(E).�In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central
Interest rate cut in PPF and KVP by 0.10 percent in this quarter
30 November 2016 at 11:14Interest rate cut for long term saving schemes The interest rates of Public Provident Fund (PPF), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme, 2004, and Sukanya Samriddhi Account (the Girl Child Scheme) were reduced by 0.10 percentage po
Cash withdrawal restriction removed of deposit made in legal tender on or after November 29, 2016
29 November 2016 at 13:40RBI/2016-17/163DCM.No.1437/10.27.00/2016-17November 28, 2016 The Chairman / Managing Director/ Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Cooperative Banks/State Cooperative Banks/
Bill introduced by govt in Parliament to tax black money
28 November 2016 at 17:12Taxation Laws (Second Amendment) Bill, 2016 introduced in Lok Sabha; A scheme namely, Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY) proposed in the Bill. Evasion of taxes deprives the nation of crit
RBI Announces Measures to Manage Liquidity Conditions
28 November 2016 at 10:34With the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes (hereafter referred to as Specified Bank Notes - SBNs) beginning November 9, 2016, there has been a surge in deposits relative to the expansion in bank credit
Steps taken by govt to promote digital payments
24 November 2016 at 11:13The Central Government takes various decisions for the benefit of farmers in the current Rabi Season and to promote digital payments in the economy. Following the cancellation of legal tender character of old Rs. 500 and Rs.1000 notes, a number of me
Govt allows farmers to purchase seeds with older notes
22 November 2016 at 10:51To further support farmers for the current Rabi crop, the Government has decided to allow farmers to purchase seeds with the old high denomination bank notes of Rs.500 from the Centres, Units or Outlets belonging to the Central or State Governments,
Central govt sends a team to states to report on status of implementation of demonetisation
22 November 2016 at 10:51The Central Government constitutes Committees of Addl. Secretaries/Joint Secretaries/Directors for visiting States/UTs and reporting about the status of implementation of its recent decision relating to cancellation of legal tender of high denominati
Salary Advance for Nov 2016 to be paid to Non-Gazetted Employees of Central Government
21 November 2016 at 10:48Salary Advance for the Month of November, 2016 to be paid to Non-Gazetted Employees of Central Government
686 petrol pumps have begun dispensing cash against swiping of debit cards
18 November 2016 at 17:45Cash dispensing facility had become operational at 686 retail outlets by 4 p.m today, of which 350 belonged to IOCL, 266 to BPCL and 70 to HPCL.
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