First Demonetization was taken place in 1946 by then Government of India. RBI offered clients to exchange their old notes of the denomination of Rs.100 with the new one.
It has been decided to depositories shall provide transaction data of promoters/promoter group on a daily basis directly to stock exchanges for dissemination of necessary disclosures.
Over the period from November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth ₹ 5,92,613 crore have been issued to public either over counter or through ATMs.
It is seen from the media reports that there is a general impression that is being created that the Government is bringing an amendment to the Payment of Wages Act to make mandatory the payment of wages to the workers only through cheque or accounts transfers. This is not the correct position.
Central Government hereby makes following rules further to amend Income-tax Rules, 1962, namely:— 1. (1) These rules may be called the Income-tax ( 35th Amendment) Rules, 2016.
Prepare a ready reckoner in the form of a matrix listing all the existing Rules and Regulations and Circulars corresponding to each Section of the Act. Give suggestions on cross- referencing the sections of the Customs Act with Rules, Regulations, Notifications and Circulars issued by the Board.
Anti-dumping duty under notification No.08/2013-Customs (ADD) dated 18.04.2013 [imposing anti-dumping duty on the imports of Soda Ash, originating in or exported from Russia and Turkey] will continue to be levied till the final decision of the Honble High Court of Gujarat in the matter.
Notification No. 55/2016-Customs (ADD) – Anti-dumping duty on the imports of Soda Ash, originating in or exported from China PR, EU, Kenya, Pakistan, Iran, Ukraine and USA will continue to be levied till the final decision of the Honble High Court of Gujarat in the matter.
For Unstructured Supplementary Service Data (USSD) transactions above Rs. 1000/-, a further discount of Fifty (50) Paise on these rates shall apply.
Over the period from November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth ₹ 5,92,613 crore have been issued to public either over the counter or through ATMs.
