Cash Deposit, Withdrawal April 1, 2016 to Nov. 8, 2016 ; Govt New Notification..!

Ministry of Finance(CBDT) issued a Notification no 2 dated  06- 01- 2017. on  Cash Deposit & Withdrawal April 4, 2016 TO November 8, 2016 and   Furnish PAN Number To Bank By Feb 28, 2017 Complete Text of Govt. notification is given as under. MINISTRY OF FINANCE (Department …

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Cash Deposit & Withdrawal April 4, 2016 TO November 8, 2016 Furnish PAN Number To Bank By Feb 28, 2017

Cash Deposit & Withdrawal April 4, 2016 TO November 8, 2016  Furnish PAN Number To Bank By Feb 28, 2017 Mr. Narendra Modi government  has taken various steps to unearth Black money including  demonetisation of Rs. 500 and Rs. 1,000 Notes.  The public peolpe has deposited a…

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Financial Events Quick review of 2016..!

 Financial Events Quick review of 2016..! 1) Arrivals  Odd Even Car Scheme Reliance Jio Cold Play Cyclone Vardah New Rs. 2,000 and Rs. 500 Currenccy 2) Departures      Mr. Raghuram Rajan (RBI)      Mr. Cyrus Mistry (Tata Sons)      Mr. Vijay Mallya from India     Old  Rs. 1000 &…

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2017: Ten Important Takeaways from PM Narendra Modi's address to the nation on the New Year 's Eve..!

2017: Ten  Important Takeaways from PM Narendra Modi's address to the nation on the New Year 's Eve..! Here are 10 important takeaways from Prime Minister Narendra Modi's address to the nation on the New Year's Eve: 1. The government will bear 60 days' int…

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Financial Market - 7 Questions On Top of Our Minds at The End of 2016..!

7 Questions On Top of Our Minds at The End of 2016..! 5minwrapup,   Equitymaster.com Eventful would be an understated adjective for 2016. What started as a year of hope, has ended to be a year of bleak stark uncertainties.  And this is not just about demonetisation! In fact, am…

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Cash withdrawal Limit from ATMs Enhanced to Rs. 4,500 from December 30, 2016

Reserve Bank of India (RBI) has released a circular dated 30.12.2016 and enhanced the daily ATMs withdrawal Limit from Rs. 2,500 to Rs.4.500.  However Weekly / Daily Limit of Bank (including ATM) still unchanged and maintained at same level of Rs. 24.000. Further RBI has also…

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India Digital payment options..!

India Digital payment options ..! As on December  2016 From ET

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The total amount of fake currency would be much larger than the amount seized..!

The total amount of fake currency would be much larger than the amount seized ..! Data released by the home ministry in an answer to a Lok Sabha question, shows that government agencies seized counterfeit currency worth  Rs.1,551 million between 1 January 2013 and 30 Sep…

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Demonetization Effect - Easing of land prices to boost affordable housing in India..!

Fringe areas around metros and tier-II, III cities to see land prices plummet in the coming years By Mr.  Anuj Puri, JLL India Post-demonetization, the affordable housing segment will get a much-needed boost. Confined to the fringe areas of metros, this segment is expected to…

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Demonetisation Nudging Real Reform in Indian Real Estate..!

Demonetisation Nudging Real Reform in Indian Real Estate..! Mr. DHIRENDRA KUMAR, CEO, Valueresearchonline.com On November 8, 2016 even as the Prime Minister was delivering his demonetisation speech on TV , it was clear to most people that once the dust settles, the deepest im…

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HOW ANYONE CAN DEPOSIT OLD 500,1000 NOTES EXCEEDING Rs. 5,000: RBI Guideline

New RBI notification is given as under. 1.Now Old notes of Rs. 500 and Rs. 1000 notes can be deposited in to Bank up to Maximum Rs. 5.000 without asking any questions by Banker. 2.Deposit of old notes exceeding Rs. 5.000 can be made only once up to December 30, 2016. So if an…

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