Daily Archives: December 10, 2016

RBI asked Banks to carry Technical Audit of Prepaid Payment Instrument issuers

RBI/2016-17/178 DPSS.CO.OSD.No.1485/06.08.005/2016-17 December 09, 2016 All Prepaid Payment Instrument Issuers, System Providers, System Participants and all other Prospective Prepaid Payment Instrument Issuers Dear Sir, Security and Risk Mitigation measure – Technical Audit of Prepaid Payment Instrument issuers With the withdrawal of legal tender characteristics of existing ₹ 500/- and ₹ 1000/- Bank Notes (Specified Bank… Read More »

RBI Amendmded Master Direction on KYC

RBI/2016-17/176 DBR.AML.BC. No. 18/14.01.001/2016-17 December 8, 2016 All Regulated Entities (REs) Dear Sir/Madam, Amendment to Master Direction (MD) on KYC In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949 and section 35A read with section 56 of that Act, Rule 9 (14) of the Prevention of Money Laundering (Maintenance… Read More »

Category: RBI

RBI Amended Master Direction on Know Your Customer

Amendment to Master Direction on Know Your Customer RBI/2016-17/177 DBR.AML.BC.47/14.01.01/2016-17 December 8, 2016 All Regulated Entities Dear Sir/Madam, Amendment to Master Direction on Know Your Customer In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, it has been decided to make certain amendments to the Master Direction on Know… Read More »

Govt withdraws certain exemptions given for use of Rs.500/- old notes w.e.f 09.12.2016

Government withdraws exemptions given for the use of Rs.500/- old notes, from the mid night of December 9, 2016, for making payments at railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses for purchase of tickets; For making payments to catering services on board, during travel by rail; and For making payments… Read More »

GST on books

GST on books Rajya Sabha Official Debates > Part 1 (Question And Answer) > Session Number: 236 Date of Debate: 30-Jul-2015 Debate Type: Part 1(Question and Answer) Debate Title Subject: WRITTEN ANSWERS TO UNSTARRED QUESTIONS Debate Title: GST on books Question Number: 873 Question Type: Unstarred Questioner Name: NARESH GUJRAL Page Number from to: 717 Ministry: FINANCE… Read More »