Daily Archives: November 21, 2016

High Denomination Bank Notes (Demonetisation) Act 1978

By | November 21, 2016

HIGH DENOMINATION BANK NOTES (DEMONETISATION) ACT, 1978 [11 OF 1978] Section – 1, High Denomination Bank Notes (Demonetisation) Act, 1978 An Act to provide in the public interest for the demonetisation of certain high denomination bank notes and for matters connected therewith or incidental thereto. WHEREAS the availability of high denomination bank notes facilitates the… Read More »

Guidelines for Development of Onshore Wind Power Projects

By | November 21, 2016

Guidelines for Development of Onshore Wind Power Projects Ministry of New & Renewable Energy (MNRE) issued draft guidelines for development of onshore wind power projects in May 2016. After consultation with stakeholders MNRE issued final Guidelines on 22 October 2016. This was stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New… Read More »

ESIC Approves Enhancement of Wage Ceiling from Present Rs. 15,000 PM to Rs. 21,000

By | November 21, 2016

ESIC Approves the Enhancement of Wage Ceiling from Present Rs. 15,000 per Month to Rs. 21,000 The Employees State Insurance Corporation(ESIC) has approved the enhancement of wage ceiling from present Rs. 15,000 per month to Rs. 21,000/-. The draft Rules calling for objections has been published in Gazette of India on 06.10.2016. This enhancement of… Read More »

Pension Scheme Contribution under new PMRPY scheme

By | November 21, 2016

Pension Scheme Contribution A new Scheme “Pradhan Mantri Rojgar Protsahan Yojana” has been announced in the Budget for 2016-17 with the objective of promoting employment generation and an allocation of Rs. 1000 crores has been made. The scheme is being implemented by the Ministry of Labour and Employment in 2016-17. The PMRPY scheme is targeted… Read More »

Cash to farmers – Govt of India efforts

By | November 21, 2016

To further support farmers for the current Rabi crop, the Government has decided to allow farmers to purchase seeds with the old high denomination bank notes of Rs.500 from the Centres, Units or Outlets belonging to the Central or State Governments, PSUs, National or State Seeds Corporations, Central or State Agricultural Universities and the ICAR,… Read More »

Cash Withdrawal from Bank /Exchange of Old Bank Note -RBI FAQ updated 21.11.2016

By | November 21, 2016

Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 21, 2016) (Updated as on November 21, 2016) (Updated as on November 18, 2016) (Updated as on November 16, 2016) (Updated as on November 14, 2016) (Updated as on November 12, 2016)… Read More »