In order to facilitate the move towards cashless transactions, the Government has directed the banks to install an additional one million new PoS terminals by 31st March 2017
Income Tax (IT) Department carries-out swift investigations in more than 400 cases since the de-monetization of old High Denomination (OHD) currency on 8th November, 2016
1. (1) These rules may be called the Prevention of Money-laundering (Appeal) Amendment Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette.
As part of Customer Due Diligence Procedure, certified copies of officially valid documents for proof of identity and address are to be obtained while establishing an account based relationship;
A deep dive into the CBDT Instruction No. 1916 dated 11th May, 1994 in the matter of seizure of jewellery- Intention of CBDT is that jewellery to the extent of 500 gms in case of a married lady, 250 gms per unmarried lady and 100 gms per male member should be treated as explained and need not be considered as unexplained investments.
The scholarship is not being denied on the grounds that the beneficiary does not possess Aadhaar. In the absence of Aadhaar, copy of request made for Aadhaar enrolment or photo identity card, bank passbook etc., can be used as an identifier till the Aadhaar number is obtained by the beneficiary.
A well-established Central Industrial Relations Machinery (CIRM) is in place to enforce various labour laws in Central Sphere including the Contract Labour (Regulation & Abolition) Act, 1970.
Government inserted Rule 141 in General Financial Rules (GFR), 2005, which provides that Directorate General of Supplies & Disposal (DGS&D) will host an online e-Marketplace for common use goods and services
The Government has taken various measures to diversify and boost exports from India, which includes; (i) Merchandise Exports from India Scheme (MEIS) was included under Foreign Trade Policy (FTP) 2015-20 w.e.f. April 1, 2015
Government is aware that some establishments/companies have not submitted/deposited funds collected by them towards employees contribution in provident fund accounts
