Others News

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 Others | 13911 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 Others | 9 comments | 2445 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 Others | 1 comments | 2406 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 Others | 1626 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 Others | 2628 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 Others | 1626 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 Others | 2 comments | 16053 Views

App named SEZ India launched by Commerce Ministry

16 January 2017 at 10:37

A Mobile app named “SEZ India” has been launched by the Commerce Secretary on 06.1.2017. SEZ Division, Department of Commerce under its broader e-Governance initiative i.e. SEZ Online System, has developed mobile app for Special Economic

Posted in Others | 2916 Views

Govt says it respects the autonomy of RBI

14 January 2017 at 21:42

There has been a report in sections of the Press that some unions have alleged infringement of the autonomy of the Reserve Bank of India. It is categorically stated that the Government fully respects the independence and autonomy of the Reserve Bank

Posted in Others | 4 comments | 2472 Views

Initiatives to increase non fare revenue in railways launched

11 January 2017 at 11:14

Initiatives to Increase Non-Fare Revenue and To Promote Ease of Ticketing Through Digital Transactions LaunchedMinister of Railways Shri Suresh Prabhakar Prabhu inaugurated the following policy initiatives viz., Policy Initiatives of Increasing Non

Posted in Others | 3033 Views