The amounts can be drawn only by either of the parents or the person getting married. Only one of them will be permitted to draw this amount. This limit of Rs. 2,50,000/- will apply separately to the girl’s family and the boy’s family.
Central Government takes several decisions to facilitate farmers, small traders, Group ‘C’ Employees of Central Government including equivalent levels in the Defence and Para Military Forces, Railways and Central Public Sector Enterprises in the aftermath of the cancellation of the legal tender character of the old Rs. 500 and Rs. 1000 notes;
As your goodself is aware, the difficulties being experienced due to the demonetization of Rs.500/- and Rs. 1000/- currency notes may continue for about 50 days as made clear in his speech by the Hon’ble Prime Minister.
Reserve Bank of India has said that consequent to the withdrawal of Legal Tender Character of existing ₹ 500 and ₹ 1000 Bank Notes, it has made arrangements to distribute the notes in new ₹ 2000 and other denominations across the country.
According to Section 151 of Companies Act, 2013 every listed company may have one director elected by small shareholders. For purpose of this section, small shareholder means a shareholder holding shares of nominal value of not more than twenty thousand rupees or such other sum as may be prescribed.
This chapter will focus on time of supply of goods and services vis a vis valuation of supply which includes goods and services.
The Memorandum of Foreign Exchange Management Regulations relating to General/Health Insurance (GIM) and Life Insurance (LIM) in India have also been suitably modified and are annexed at Annex I and Annex II, respectively.
Fault in Notification No. 2652 is clear that the Government had not defined the extent of operation of said clause in the notification. Since the extent of operation itself is missing, the writer is of view that the specified bank notes can be used as a legal tender until the Government defines the extent of operation of said clause.
CBDT amended Rule 114B (mandatory quoting of PAN) and Rule 114E (reporting in AIR) casting regulatory and reporting obligations on banks and post offices for accepting and reporting of cash deposits in the bank and post office accounts.
When you are buying a property ,you are also entering into a huge commitment with the place where it is located. The location of your purchase will have nonpareil effect on the future value of the real estate investment and affect your everyday life.
