(1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. (2) These Regulations shall come into force on 29th November, 2016.
It is requested that with a view to make the appointment faceless, paperless and cashless, your offices should issue letter for police verification as per the DoPT guidelines and form for self declaration. Appointment letter should also be issued by email .
subscribers of Small Savings Schemes may not be allowed to deposit SBNs in Small Savings Schemes. Banks are, therefore, advised not to accept SBNs for deposits in Small Saving Schemes with immediate effect.
Deposit of old demonetized notes of Rs. 500 and Rs. 1000 in small Savings scheme. I am directed to clarify that the deposits into Post Office Savings Accounts are excluded from the bar imposed therein.
One of the ways to make cargo clearance easier is to reduce the use of paper and to introduce electronic messaging and paperless processing.
Seeks to levy safeguard duty on Hot Rolled flat sheets and plates (excluding hot rolled flat products in coil form) of alloy or non-alloy steel having nominal thickness less than or equal to 150mm and nominal width of greater than or equal to 600mm
i) The upper limit for number of angel investors in a scheme is increased from forty nine to two hundred. ii) The definition of start-up for Angel Funds investments be similar to definition of DIPP as given in their start-up policy. Accordingly, Angel Funds will be allowed to invest in start-ups incorporated within five years, which was earlier 3 years.
Measures to incentivise Electronic Payments – (i) Enhancement in issuance limits for Pre-Paid Payment Instruments(ii) Special measures for merchants
#Demonetisation- Wedding Celebrations- A detailed list of persons to whom the cash withdrawn is proposed to be paid, together with a declaration from such persons that they do not have a bank account, where the amount proposed to be paid is ₹ 10,000/- or more. The list should indicate the purpose for which the proposed payments are being made.
#Demonetisation It is estimated that about ₹ 35,000/- crore would be required by the DCCBs for sanction and disbursement of crop loans to the farmers at the rate of ₹ 10,000/- crore per week.
