Daily Archives: November 16, 2016

Insurance Cover For Railway Passengers

Insurance Cover For Railway Passengers An Optional Travel Insurance Scheme on a pilot basis for one year has been launched w.e.f 01/09/2016 for the railway passengers who book e-ticket through official website of Indian Railway Catering & Tourism Corporation (IRCTC). Under the scheme reserved passengers who expire or are disabled permanently or partially due to… Read More »

Aadhaar Toll-Free Helpline No. 1947 Launched

Revamped Aadhaar Toll-Free Helpline No. 1947 Launched 1947 to bring convenience to Aadhaar holders, provide solutions anytime, anywhere With the growing use of Aadhaar in transactions related to services like Banking, Government Welfare Schemes, etc., the Unique Identification Authority of India (UIDAI), launched a revamped version of its Toll-free helpline number: 1947, to help residents… Read More »

GST FAQ’s in Telugu

GST FAQ’s in Telugu State /India GST Material     GST Enrolment Plan State Wise : Announced by Indian Govt Steps to enrol on GST Common Portal (India) India How to login to GST Common Portal (India) FAQ on GSTN Migration (English) GST-Video Tutorial FAQ on Migration to GST Portal in Hindi  Video -GST Login and… Read More »

Taxman asked details of Cash Deposit Exceeding Rs 2.5 Lakh in Bank A/c -Notification 15.11.2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 15th November, 2016 G.S.R. 1068(E).—In exercise of the powers conferred by section 285BA, read with section 295 of the Incometax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the… Read More »

RBI asked Regional Rural Banks to follow Census data 2011

RBI/2016-17/134 DBR.RRB.BC.No.36/31.01.002/2016-17 November 16 , 2016 All Regional Rural Banks Dear Sir / Madam, Section 23 of the Banking Regulation Act, 1949 – Master Circular on Branch Licensing – Census data 2011 Please refer to our Master circular on Branch Licensing DBR.CO.RRB.BL.BC.No.17/31.01.002/2015-16 dated July 1, 2015. As the Census data for 2011 are available in… Read More »

RBI Updated FAQ on Withdrawal of Old Bank Notes 16.11.2016

Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 16, 2016) 1. Why is this scheme introduced? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even… Read More »

Steps for Migration of Uttarakhand VAT dealers to GSTN portal

Migration of Uttarakhand VAT dealers to GSTN portal By Order number 4340 Dated 09.11.2016, instruction regarding Data Migration of existing registered dealers to GST has been issued by the commissioner. For more information, kindly follow the link below……….   State /India GST Material     GST Enrolment Plan State Wise : Announced by Indian Govt… Read More »

Deferred payment of Customs duty

Circular No. 52/2016-Cus F.No.450181/2016-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) New Delhi, dated the 15th November, 2016 To All Principal Chief Commissioners/Chief Commissioners of Customs /Customs (Preventive), All Principal Chief Commissioners/Chief Commissioners of Customs and Central Excise, All Principal Directors General/ Directors General, All Principal… Read More »

Revised IDS 2016 declaration due to genuine Mistake : CBEC Clarify

Instruction No.12 of 2016 F.No.370142/8/2016-TPL (Part) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) *** New Delhi, the 11th November, 2016 To, All Principal Chief Commissioners of Income-tax Subject: – The Income Declaration Scheme, 2016 (the Scheme) -reg. Instances have been reported by the field authorities that… Read More »

MVAT Notification on Acceptance of old Rs 500/ 1000 Bank Notes

FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya Mumbai 400 032, dated the 12th November 2016 NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2000. No. VAT. 1516/CR-153/Taxation-1.— Whereas, the Government of Maharashtra is satisfied that circumstances exist which render it necessary to take immediate action further to amend the Maharashtra Value Added Tax Rules, 2005… Read More »

GST Bill and Other legislative agendas of Govt of India for Winter Session

Ministry of Parliamentary Affairs 15-November, 2016 PM urges Parties to work together to change negative perception of people about politicians   PM calls for discussion on the State funding of elections and the simultaneous polls  Finance Minister says Government was fully prepared for withdrawal of high value notes despite secrecy requirements Government holds All Party… Read More »

PM Modi Key Decision on Exchange of Old Bank Notes 15.11.2016

The Prime Minister Shri Narendra Modi reviewed the position for the second consecutive day yesterday regarding the smooth supply and availability of currency notes; Among major decisions taken during the Meeting include to continue to give highest importance to ensure convenience for the public; Use of Indelible ink for over the counter exchange against old… Read More »

Inter-Linking of Rivers-Govt Approved constitution of Special Committee

Cabinet approves Status-cum-Progress Report and constitution of “Special Committee for Inter-Linking of Rivers” in compliance of judgment of Supreme Court The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the Status-cum-Progress Report and constitution of “Special Committee for Inter-Linking of Rivers” in compliance of Supreme Court judgment dated… Read More »

Procedure for putting indelible ink on finger of customers going to Bank for Exchange of Old Bank Notes

RBI/2016-17/133 DCM (Plg) No.1280/10.27.00/2016-17 November 15, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks Dear Sir Standard Operating Procedure (SOP) for putting indelible ink on the finger of the customers coming to a bank branch… Read More »