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Archive: 13 November 2016

Posts in 13 November 2016

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 6717 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

15 highlights of Currency Demonetization decisions taken by Govt

November 13, 2016 4417 Views 2 comments Print

Finance Ministry has reviewed the position regarding availability and distribution of all denomination of bank notes. Some of the highlights of the review and the decisions taken are as follows:-

Penalty CANNOT be imposed for mere cash deposits in bank A/c

November 13, 2016 43579 Views 45 comments Print

The penalty of 200% is a reality and levied under section 270A of the income tax act, 1961 in cases of under-reporting of income or misreporting of income.

Enough cash in small denominations with RBI and banks: RBI

November 13, 2016 2233 Views 1 comment Print

The Reserve Bank urges that public need not be anxious; need not come over to banks repeatedly to draw and hoard; Cash is available when they need it.

RBI Increases Daily / Weekly / ATM Cash withdrawal limit

November 13, 2016 5278 Views 1 comment Print

Weekly limit of ₹ 20000/- for withdrawal from bank accounts increased to ₹ 24000 & daily limit of ₹ 10000/- per day stands withdrawn.

What you must know about New Rs. 500 Banknotes

November 13, 2016 11212 Views 0 comment Print

The new ₹ 500 banknotes are different from the earlier specified bank note (SBN) series in colour, size, theme, location of security features and design elements

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