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Archive: November, 2016

Posts in November, 2016

Payment Systems to remain open on November 12 and 13, 2016

November 10, 2016 1492 Views 0 comment Print

Payment Systems (RTGS, NEFT, Cheque Clearing, Repo, CBLO and Call markets) shall remain open on Saturday, November 12 and Sunday, November 13, 2016.

Download format of Request Slip for exchange of Old Bank Notes

November 10, 2016 18331 Views 3 comments Print

After the RBI Ban on Bank Notes of Rs. 500 and Rs. 1000 RBI has issued guideline and format for exchange of such old Bank Notes of Rs. 500 and Rs. 1000  which are as follows:-  (i) the specified bank notes of aggregate value of ₹ 4,000/- or below may be exchanged for any denomination […]

RBI / FM dismisses rumours of GPS-enabled Rs 2000 notes

November 10, 2016 2647 Views 0 comment Print

Soon after RBI notified that Rs 2000 currency notes would be introduced by the apex bank, a set of rumors emerged that these new notes would be embedded with nano-GPS chips will help locate the position of the currency via a satellite. However, Finance Minister Arun Jaitley dismissed rumours of GPS-enabled Rs 2000 notes. Further RBI […]

No cash refund for Rail ticket cancellation of Rs.10,000­ & above

November 10, 2016 7015 Views 0 comment Print

Revision in the procedure of cancellation and refund of value of Rs. 10,000/­ and above for the PRS counter tickets booked from 09.11.2016 to 11.11.2016.

No toll payable on toll plazas on National Highways till 11.11.2016

November 10, 2016 3886 Views 0 comment Print

The government has decided to suspend payment of fees at toll plazas on all National Highways till the midnight of 11.11.2016. Instructions in this regard are being issued to all the concessionaries including BOT, OMT operators and other fee collection agencies.

Demonetization Impact – Long term benefits at short term inconvenience

November 10, 2016 7075 Views 0 comment Print

The action of demonetization of Rs. 500, 1000 currency notes has been a bold one, impacting one and all across the nation, widely applauded and apparently sounds in the interest of nation.

Procedure for obtaining provisional GSTIN for existing dealers

November 10, 2016 18067 Views 3 comments Print

FAQs given by the GST council has not explained the practical process of obtaining the Provisional GSTIN by the existing dealers under earlier laws. In this article we are going to know the following aspects:

Incredible India! – The all new beta version

November 10, 2016 2017 Views 0 comment Print

One thing we must admit that 8thand 9thNovember 2016 were the days a Chartered Accountant or a Tax Consultant has received the maximum number of phone calls on a single day, probably beating even his own birthday!

Upload existing clients’ KYC details with CKYCR: SEBI

November 10, 2016 2191 Views 0 comment Print

Mutual funds and Intermediaries other than mutual funds may follow the following time lines in respect of uploading KYC data of the existing individual clients with CKYCR.

Three ‘I’s For Success in Life

November 10, 2016 4291 Views 0 comment Print

Everybody likes success in their life. However, Success is not a fairy tale that revolves around the element of miracle and imagination.

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