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Archive: 16 November 2016

Posts in 16 November 2016

How to Construct and Invest in Mutual Funds Portfolios

November 16, 2016 5080 Views 3 comments Print

Buying mutual funds is a great way of saving, both for short and long term financial needs. One of the outcomes of investing in mutual funds is building of portfolios

Support Nation, Support our PM Narendra Modi

November 16, 2016 7867 Views 47 comments Print

Terrorism and ugly politics, funded by black money, are a cancer for India and PM Narendra Modi is the only Doctor who can cure it.

EPF- Change in name of Females post Marriage & correction of spelling mistakes

November 16, 2016 4678 Views 0 comment Print

Henceforth powers for correction of spelling mistakes in names upto two letters and change of surname in case of female employees on account of marriage shall be delegated to APFC (Accounts) .

ICAI to take action against erring members in AajTak sting operation

November 16, 2016 3664 Views 2 comments Print

A Sting Operation carried out by AajTak News channel wherein 2 ICAI members shown talking about converting black money by charging commission of 30% to 40%.

Banks to send daily report to RBI on Specified Bank Notes

November 16, 2016 5176 Views 0 comment Print

RBI advises banks to send daily report to RBI with details of Specified Bank Notes (SBNs). It has been observed that the banks are sending the reports with significant delay causing severe inconvenience in collation and consolidation of data at RBI.

RBI instruct banks to Comply Rule related to Quoting of PAN

November 16, 2016 3661 Views 0 comment Print

With a view to ensure compliance with provisions of 114B of the Income Tax Rules, 1962, the banks are advised as under: Anybody depositing more than ₹ 50,000/- in cash in their bank account has to submit a copy of the PAN card in case the bank account is not seeded with PAN

Scenario of backward area exemption under GST

November 16, 2016 5455 Views 0 comment Print

Since years, its been policy of Central as well as State governments to provide tax incentives for operating in specified areas, mainly in north and north-eastern States under various schemes.

Demonetisation: 10 Steps to further improve public convenience

November 16, 2016 6055 Views 4 comments Print

PM Modi reviewed position for Second consecutive day yesterday regarding smooth supply and availability of currency notes; Among major decisions taken during Meeting include to continue to give highest importance to ensure convenience for the public;

Govt to present GST bills in upcoming Winter Session of Parliament

November 16, 2016 1462 Views 3 comments Print

Govt’s legislative agenda for Winter Session includes 25 Bills consisting of 1. The Central Goods & Service Tax Bill, 2016 2. The Integrated Goods & Service Tex Bill, 2016 3. The Goods & Services Tax (Compensation for loss of revenue) Bill, 2016

How to put indelible ink on finger of Bank Branch Customer

November 16, 2016 3874 Views 0 comment Print

While exchanging the SBNs, the concerned bank branch and post offices would put indelible ink mark on the right index finger of the customer so as to identify that he/she has exchanged the old currency notes only once.

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