Category - Finance

Central Governments directs Banks, Post Office and Cooperative Bank to deposit scrapped notes with RBI

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 20th June, 2017   G.S.R. 611(E).—In exercise of the powers conferred by sub-section (1) of Section 11 of the Specified Bank Notes (Cessation of Liabilities) Act, 2017 ( 2 of 2017), the Central Government hereby makes the following rules, namely:— 1. Short title and… Read More

The proposal to introduce the Financial Resolution and Deposit Insurance Bill 2017 is approved by cabinet

Press Information Bureau Government of India Cabinet 14-June-2017 13:16 IST Cabinet approves proposal to introduce the Financial Resolution and Deposit Insurance Bill 2017 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal to introduce a Financial Resolution and Deposit Insurance Bill, 2017. The Bill would provide for a comprehensive… Read More

MoF notifies rules on appointment, term of office, salaries of members of tribunals

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION   New Delhi, the 1st June, 2017   G.S.R. 514(E).—In exercise of the powers conferred by section 184 of the Finance Act, 2017 (7of 2017), the Central Government hereby makes the following rules, namely : - 1. Short title, commencement and application.—(1) These rules may be called the Tribunal,… Read More

CBEC: Notification on rate of exchange for conversion of foreign currencies

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 52/2017 - Customs (N.T.) New Delhi, dated the 1st June, 2017 11 Jyaistha, 1939 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification… Read More

New functionalities released for NPS subscribers and nodal officers:PFRDA

Press Information Bureau Government of India Ministry of Finance 01-June-2017 19:06 IST   New Functionalities released under NPS to provide the ease of operation for the benefit of subscribers and nodal offices. Pension Fund Regulatory and Development Authority (PFRDA) takes various initiatives from time to time in order to simplify and improve the operational issues… Read More

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