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Who can & how, withdraw cash for Marriage Celebration

November 21, 2016 3988 Views 1 comment Print

#Demonetisation-To enable wedding celebration by parents of their wards RBI allowed cash withdrawals upto Rs. 2.50 Lakh from bank a/cs for wedding expenses

RBI gives Banks additional 60 days for recognition of loans

November 21, 2016 2635 Views 0 comment Print

#Demonetisation -It has been decided to provide an additional 60 days beyond what is applicable for recognition of a loan account as substandard

RBI allows withdrawals upto ₹ 50000 from OD & CC accounts

November 21, 2016 3829 Views 0 comment Print

#Demonetisation -Holders of current / overdraft / cash credit accounts, which are operational for last 3 months or more, may now withdraw upto ₹ 50000 in cash, in a week.

IRDA announces list of holidays for the calendar year 2017

November 21, 2016 2629 Views 0 comment Print

Under IRDA Staff (Officers and Employees) Regulations, 2016, following Holidays will be observed by all offices of IRDA during calendar year 2017

Exemption from late fee payment under MVAT for late return filing

November 21, 2016 12835 Views 0 comment Print

The invoice based monthly returns for the financial year 2016-17 are being filed by the eligible registered dealers form 29th August 2016. The Trade Circular No. 22 T of 2016 dt. 26th August 2016 was issued describing the procedure of filing the returns in new formats. The Trade Circular also mentioned the extended dates of return filing for the purpose of late fee exemption for the period from April 2016 onwards.

IBBI (Insolvency Professional Agencies) Regulations, 2016

November 21, 2016 3025 Views 0 comment Print

Board hereby makes following Regulations to provide a framework for regulation of insolvency professional agencies in terms hereof, namely- Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations, 2016.

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016

November 21, 2016 2260 Views 0 comment Print

Insolvency and Bankruptcy Board of India hereby makes the following Regulations, namely -Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016.

Due date of filing DVAT return for 2nd quarter extended to 28.11.2016

November 21, 2016 2155 Views 0 comment Print

Last date of filing of online/hard copy of 2nd quarter return for year 2016-17, in Form DVAT-16, DVAT-17 and DVAT-48 extended to 28/11/2016.

Demonetisation to combat corruption, black money, counterfeit currency & terrorist financing

November 21, 2016 877 Views 0 comment Print

#Demonetisation The aim of measure is to combat corruption, black money, counterfeit currency and terrorist financing. Officers shall be alert to any attempts being made to thwart these objectives

Seeding of Aadhaar number in UAN database of EPF members

November 21, 2016 5914 Views 2 comments Print

Under implemented Universal Account Number programme, seeding of Aadhaar number in UAN database of EPF members is very low (just 23% up to 25.10.2016).

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