Notification & Circulars


Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Daily Reporting

 Notification No#DCM (Plg) No.1291/10.27.00/2016-17     16 November 2016

RBI/2016-17/136 DCM (Plg) No.1291/10.27.00/2016-17 November 16, 2016   The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks   Dear Sir ..


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..


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

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

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..


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

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..


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..


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..


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..





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