Major policy initiatives and achievements of the Ministry of Corporate Affairs (MCA); MCA entrusted with the responsibility to administer the Insolvency and Bankruptcy Code, 2016(Code);The Insolvency and Bankruptcy Board of India (IBBI) established;
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for supply of adequate quantity of banknotes in vari
In order to further promote digital and card payments, Department of Financial Services, Ministry of Finance issues direction in public interest all Public Sector Banks(PSBs) not to charge fees for transactions settled on Immediate Payment Service (I
RBI/2016-17/189DCM (Plg) No. 1859/10.27.00/2016-17December 19, 2016 The Chairman / Managing Director/ Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional RuralBanks / Urban Cooperative Banks/ State Cooperative
FM: India remains a bright point in global economy and BRICS in particular despite the slowdown in global economy in 2016 The Union Finance Minister Shri Arun Jaitley said that the current Financial Year 2016-17 is not a conventional year as many maj
The Union Finance Minister Shri Arun Jaitley chairs the Fifth Meeting of the Consultative Committee attached to the Ministry of Finance on the subjectof “Shift to Digital Transactions”; Says that digital transactions are a parallel mechan
Transcription of the Finance Minister’s Statement made to media today The Congress party was in power for 10 years continuously from 2004-14. There were two striking features of that regime. The First that it did not take even a single step eit
RBI/2016-17/181DCM (Plg) No. 1712/10.27.00/2016-17December 13, 2016The Chairman & Managing DirectorChief Executive OfficersAll BanksDear Sir,Preservation of CCTV recordingsPlease refer to paragraph (5) of our circular DCM (FNVD) No.1134/16.01.05/
The Reserve Bank of India today clarified that it has not initiated any action to cancel the banking licence of Axis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified B
ANNOUNCEMENT OF KYC NORMS All the members of Institute of Chartered Accountants of India (ICAI), who are in practice, are hereby informed that the Council has formulated the Know Your Client (KYC) norms at it’s 356th Meeting held on 29th, 30th
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
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