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Withdrawal limit increased from ATM to Rs 2500 and banks to Rs 24000
14 November 2016 at 11:16RBI/2016-17/129DCM (Plg) No.1272/10.27.00/2016-17November 13, 2016The Chairman / Managing Director/Chief Executive Officer,Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign BanksRegional Rural Banks / Urban Co-operative Banks
Sufficient cash is available with banks
14 November 2016 at 10:37Availability of cash with Bank branches and Post Offices Ministry of Finance has reviewed and taken stock of the cash availability and issuance to members of public today. Reserve Bank of India (RBI), Indian Banks Association (IBA) and a few major ba
Govt monitoring closely receipt of fake currency
14 November 2016 at 10:37Government agencies are closely monitoring receipt of fake currency notes in Banks and Post Office; Special watch is being kept receipt of fake notes in the States bordering our neighbouring countries. One of the primary objectives of cancellation of
3 lac crore has been deposited in banking system
14 November 2016 at 10:37Finance Ministry reviews the position regarding availability and distribution of all denomination of bank notes in different parts and regions of the country; Issuance of the new series of Rs. 500/- notes commenced; Instructions issued to the Banks a
SIT chairman says govt has taken a bold step in demonetising notes
12 November 2016 at 11:26The Chairman and Vice-Chairman, SIT on Black Money & Former Judges of the Supreme Court of India, Justice MB Shah and Justice Arijit Pasayat in a jointly written letter to the Union Finance Minister, Shri Arun Jaitley: The Government has taken a
Govt extends existing exemption with regard to demonetisation
12 November 2016 at 11:26Government extends existing exemptions with rergard to cancellation of the legal tender character of the existing series of high denomination bank notes of Rs.500 and Rs.1,000 denominations until the expiry of 14th November, 2016, with certain modifi
Exemption withdrawn to service providers located in foreign territory on OIDAR
12 November 2016 at 11:26To provide a level playing field to Indian service providers, the exemption given to service providers located in foreign territory but providing taxable online information and database access or retrieval [OIDAR] services including electronic servic
Part B and C of MEF 2016-17 made live
11 November 2016 at 17:30Sub: PART B and PART C of MEF 2016-17 will be made live from 10th November to 17th November, 2016 to enable the applicants to fill the same & get ready with Financial Documents of the applicants for Multipurpose Empanelment f
RBI urges public to exercise patience and says enough cash is available
11 November 2016 at 17:30Enough Cash is Available, RBI reassures; urges Public to exercise Patience and Exchange Notes at Convenience In a statement issued today, the Reserve Bank of India has said that consequent to the withdrawal of Lega
Process of tax reform will continue says FM
11 November 2016 at 10:49FM: Process of Tax Reforms will continue and pending GST issues will be resolved soon. FM: No Harassment of Small Depositors of Demonetised High Value Notes; Finance Minister Shri Arun Jaitley inaugurates the Two Day Economic Editors Conference in Ne
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