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Notifications

Exceptions to withdrawal of ₹ 500 & ₹ 1000 Banknotes

November 8, 2016 31390 Views 3 comments Print

Government declares that ₹ 500 & ₹ 1000 Banknotes shall not be ceased to be legal tender, with effect from the 9th November, 2016 until the 11th November, 2016, to following 8 transactions specified below,

Govt notifies withdrawal of bank notes of ₹ 500 & 1000

November 8, 2016 19624 Views 0 comment Print

Specified bank notes of aggregate value of Rs.4000/- or below may be exchanged for any denomination of bank notes having legal tender character, with a requisition slip in the format specified by the Reserve Bank and proof of identity

ATMs to remain close till 10th November 2016

November 8, 2016 1711 Views 0 comment Print

All ATMs will remain closed for operations from mid night of Nov 08, 2016 so that they do not dispense withdrawn old higher denomination banknotes.

AOC-4 certification by CA, CS, CMA & Revised fees for DIN allotment & Surrender

November 7, 2016 5956 Views 0 comment Print

AOC-4 certification by the Chartered Accountant or the Company Secretary or as the case may be by the Cost Accountant, in whole- time practice

Section 115BA-Depreciation restricted to forty per cent

November 7, 2016 43693 Views 3 comments Print

In case of a domestic company which has exercised option under sub-section (4) of section 115BA, the allowance under clause (ii) of sub-section (1) of section 32 in respect of depreciation of any block of assets entitled to more than forty per cent.

IEPF Authority (Recruitment, Salary and other Terms and Conditions of Service of Officers and other Employees) Rules, 2016

November 4, 2016 955 Views 0 comment Print

The Investor Education and Protection Fund Authority (Recruitment, Salary and other Terms and Conditions of Service of officers and other employees) Rules, 2016

Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Sixteenth Amendment) Regulations, 2016

November 4, 2016 1390 Views 0 comment Print

These Regulations may be called the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Sixteenth Amendment) Regulations, 2016.

Banks permitted to issue overseas bonds for 3 Objects

November 3, 2016 601 Views 0 comment Print

Banks are permitted to raise funds through issuance of rupee denominated bonds overseas for the following purposes: Perpetual Debt Instruments (PDI) qualifying for inclusion as Additional Tier 1 capital under the extant Basel III Capital Regulations

Dispensation of Rs.100 denomination banknotes through exclusive ATMs

November 2, 2016 1873 Views 0 comment Print

In keeping with the objectives of Clean Note Policy and to ensure that genuine requirement of members of public for Rs. 100 denomination banknotes are met, the banks should increase dispensation of Rs. 100 banknotes through ATMs which are widely used for distribution of banknotes for retail use.

Govt notifies more Sections under Bankruptcy Code

November 1, 2016 901 Views 0 comment Print

S.O. 3355(E). Central Government hereby appoints the 1st November, 2016 as the date on which some provisions of Insolvency and Bankruptcy Code, 2016 shall come into force

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