Notification & Circulars

Correction in name of PF member- Delegation of powers thereof

Notification No#WSU/10(1)2013 /Changes in MAP/21475 16 November 2016

Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. of lndia) No. WSU/10(1)2013 /Changes in MAP/21475 Dated 16th November, 2016 To All ACC(Zones) All RPFC-I/Officer-in-Charge Regional/Sub-Regional Offices Sub: Correction in n..

Posted in Community & General

Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Notification No#137/2016-Customs (N.T.) 15 November 2016

Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 137/2016-Customs (N.T.) New Delhi, 15th November, 2016 24 Kartika, 1938 (SAKA) S.O. … (E).– In exercise of the powers conferred by sub-se..

Posted in Custom

Regarding deferred payment of Customs duty

Notification No#52/2016-Cus 15 November 2016

Circular No. 52/2016-Cus F.No.450/81/2016-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) New Delhi, dated the 15th November, 2016 To, All Principal Chief Commissioners/Chief Commissioners of Customs /Customs (Prevent..

Posted in Custom

Withdrawal of Legal Tender Character of Specified Bank Notes: RBI asks Cooperative Banks to ensure Strict Compliance to its Instructions

Notification No#2016-2017/1215 15 November 2016

There were reports that some cooperative banks were not strictly adhering to the instructions issued in connection with the withdrawal of legal tender status of the existing ₹ 500 and ₹ 1000 bank notes (specified bank notes). The Reserve Bank of India today informed that it has advised the Urban Coo..

Posted in Community & General

Income-tax (30th Amendment) Rules, 2016

Notification No#104/2016-Income Tax 15 November 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION No. 104/2016-Income Tax New Delhi, the 15th November, 2016 G.S.R 1068(E).- In exercise of the powers conferred by section 285BA, read with section 295 of the Incom..

Posted in Income Tax

Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Applicability of the Scheme to DCCBs

Notification No#DCM (Plg) No.1273/10.27.00/2016-17 14 November 2016

RBI/2016-17/130 DCM (Plg) No.1273/10.27.00/2016-17 November 14, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Foreign Banks/Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks/ District Central Co..

Posted in Community & General

Usage of ATMs – Waiver of customer charges

Notification No#DPSS.CO.PD.No.1240/02.10.004/2016-2017 14 November 2016

RBI/2016-17/132 DPSS.CO.PD.No.1240/02.10.004/2016-2017 November 14, 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 White L..

Posted in Community & General

Withdrawal of Legal Tender Character of Specified Bank Notes – Expanding the distribution locations for deposit and withdrawal of cash

Notification No#DCM (Plg) No. 1274/10.27.00/2016-17 14 November 2016

RBI/2016-17/131 DCM (Plg) No. 1274/10.27.00/2016-17 November 14, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks/ District Central C..

Posted in Community & General

Constitution of Task Force for enabling dispensation of Mahatma Gandhi (New) Series Banknotes - Recalibration and reactivation of ATMs

Notification No#2016-2017/1197 14 November 2016

It has become necessary to re-calibrate all ATMs/ Cash handling machines to dispense the new design notes following introduction of Mahatma Gandhi (New) Series Banknotes including a new High Denomination (₹ 2000) in new designs. 2. ATMs play a vital role in meeting the currency requirem..

Posted in Community & General

DCCBs can allow existing customers to withdraw upto ₹ 24,000 from their accounts : RBI

Notification No#2016-2017/1198 14 November 2016

The Reserve Bank of India has today clarified that District Central Cooperative Banks (DCCBs) can allow their existing customers to withdraw money from their accounts upto ₹ 24,000 per week upto November 24, 2016. However, no exchange facility against the specified bank notes (₹ 500 and ₹ 1000) or d..

Posted in Community & General