Government reviews the currency circulation in the countryGovernment and RBI have taken all steps to meet unusual demand of the currencyAdequate reserves of currency to meet the rising demandsNon FunctionalATMS to be normalized soonThere are reports
Government of India welcomes the First bi-monthly Statement of FY 2018-19 of the Monetary Policy Committee (MPC).The Ministry of Finance, Government of India welcomes the First bi-monthly Statement of the Monetary Policy Committee (MPC) in the Financ
As per Reserve Bank of India (RBI)’s related Master Direction dated October 11, 2017 as updated on December 29, 2017, since Prepaid Payment Instruments (PPI) Issuers are operating a payment system, provisions of Prevention of Money Laundering A
The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra and Sukanya Samriddhi Accounts Scheme for the 4th Quarter of financial year 2017-18 is as below: Instrument
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensionersw.e.f. 01.01.2018 representing
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Arbitration and Conciliation (Amendment) Bill, 2018 for introduction in the Parliament. It is a part of the efforts of the Government to encourage institutional arbitrati
The Government constitutes a Steering Committee on Fintech related issues to consider various issues relating to development of Fintech space in India with a view to make Fintech related regulations more flexible and generate enhanced entrepreneurshi
01-March-2018 18:55 ISTPress Information BureauGovernment of IndiaMinistry of FinanceCabinet approves Fugitive Economic Offenders Bill, 2018Offences worth Rs.100 crore or more under the Bill Property of Fugitive Economic Offenders to be attachedThe U
As per framework of governance, standard setting and disciplinary mechanism prescribed in the Chartered Accountants Act, 1949, a strong public interest oversight mechanism is inherent in ICAI structure since 8 Central Council Members on the Central C
The attention of Institute of Chartered Accountants of India (ICAI) has been drawn to various media reports highlighting the irregularity happened in Punjab National Bank (PNB) revealing that the Bank has detected a $1.77 billion (about Rs.11,400 cro
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