Notification & Circulars

Gazette Notification No. S.O. 3488(E), in continuation of gazette notification No. S.O. 3407(E)

Notification No#3488(E) 18 November 2016

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th November, 2016 S.O. 3488(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 Government hereby further ame..

Posted in Community & General

Demonetisation - Constitution of committees for visiting States/ UTs and reporting about the status of implementation of the decision

Notification No#10/3/2016-Cy.I 18 November 2016

F. No. 10/3/2016-Cy.I Government of India Ministry of Finance Department of Economic Affairs North Block, New Delhi Dated: 18th November, 2016 OFFICE MEMORANDUM Subject : Cancellation of legal tender of high denomination bank notes of Rs. 500 and Rs. 1000 – const..

Posted in Community & General

Cash Withdrawal at Point-of-Sale (POS) - Withdrawal limits and customer fee/charges - Relaxation

Notification No#1280/02.14.003/2016-17 18 November 2016

RBI/2016-17/140 DPSS.CO.PD.No.1280/02.14.003/2016-17 November 18, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / A..

Posted in Community & General

Gazette Notification No. S.O. 3489(E), in continuation of gazette notification No. S.O. 3408(E)

Notification No#3489(E) 18 November 2016

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th November, 2016 S.O. 3489(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 Government hereby further..

Posted in Community & General

Regarding clearance of import of metal scrap-Procedure

Notification No#53/2016-Customs 18 November 2016

Circular No. 53/2016-Customs F. No. 450/148/2009-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs ***** Room No. 227B, North Block, New Delhi, dated the 18th November, 2016 To, All Principal Chief Co..

Posted in Custom

Correction of Information/Data compiled for Administrative Hand Book (AHB)- 2017

Notification No#18.11.16 18 November 2016

Correction of Information/Data compiled for Administrative Hand Book (AHB)- 2017 Please refer to the attached file for details ..

Posted in Income Tax

Supply of Notes Sufficient; Do Not Panic or Hoard Currency: RBI reiterates

Notification No#2016-2017/1235 17 November 2016

The Reserve Bank of India has once again clarified today that there is sufficient supply of notes consequent upon increased production which started nearly two months ago. Members of public are requested not to panic or hoard currency notes. Alpana Killawala Principal Adviser Press Release : ..

Posted in Community & General

Pay IT dues in advance at RBI or at authorised bank branches – December 2016

Notification No#2016-2017/1236 17 November 2016

It is observed that the rush for remitting Income –Tax dues through the Reserve Bank of India has been far too heavy towards the end of December 2016 and it becomes difficult for the Bank to cope with the pressure of receipts although additional counters to the maximum extent possible are prov..

Posted in Community & General

Investment trading in securities by employees of AMC(s) and Trustees of Mutual Funds

Notification No#SEBI/HO/IMD/DF2/CIR/P/2016/124 17 November 2016

CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2016/124 November 17, 2016 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Investment/trading in securities by employees of AMC(s) and Trust..

Posted in Investments & Personal Finance

Review of requirement for copy of PAN Card to open accounts of FPIs

Notification No#CIR/IMD/FPIC/123/2016 17 November 2016

CIRCULAR CIR/IMD/FPIC/123/2016 November 17, 2016 To, 1. All Foreign Portfolio Investors ("FPIs") through their Designated Depository Participants ("DDPs")/ Custodian of Securities. 2. The Depositories (NSDL and CDSL) 3. All Recognized Stock Exchange..

Posted in Investments & Personal Finance