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Economy

PAN mandatory for depositing cash more than Rs 50K and for combined cash deposits of more than Rs 2.5 lakh till Dec 30

PAN mandatory for depositing cash more than…

New Delhi, Nov 17 (KNN) The RBI has clarified that anybody depositing more than Rs 50,000/- in cash in their bank account has to submit a copy of the PAN…

Finance Minister to hold pre-budget meet with industry on 26 Nov

Finance Minister to hold pre-budget meet with…

New Delhi, Nov 16 (KNN) Union Finance Minister Arun Jaitley will hold Pre-Budget Consultations on Union Budget 2017-18 with different stakeholders on November…

Demonetisation would help economic growth and bring down inflation: Venkaiah Naidu

Demonetisation would help economic growth and bring…

New Delhi, Nov 15 (KNN) De- Monetisation of Rs 500 and Rs 1000 currency notes has been the biggest reform since independence which broke the backbone of…

Current a/c holders can withdraw up to Rs 50000 in a week

Current a/c holders can withdraw up to…

Mumbai, Nov 15 (KNN) In a move which would help MSMEs pay wages to the labourers, the Reserve Bank of India (RBI) has allowed the current account holders…

Rs 1000 & Rs 500 currency notes can be used to pay utility bills till Nov 14

Rs 1000 & Rs 500 currency notes…

New Delhi, Nov 12 (KNN) The existing exemptions with regard to acceptance of Rs.500 and Rs.1,000 currency notes has been extended till 14th November, 2016…

RBI eases S4A debt restructuring norms

RBI eases S4A debt restructuring norms

Mumbai, Nov 11 (KNN) Reducing some burden of the lenders, the Reserve Bank of India has revised debt recast rules and has eased various stressed asset resolution…

GST portal is live now

GST portal is live now

New Delhi, Nov 10 (KNN) After demonetizing Rs 500 and Rs 1000 currency notes, a step which is considered as one of the biggest economic reforms in recent…

Only those with large amounts of undisclosed money will have to face the consequences under existing laws: Jaitley

Only those with large amounts of undisclosed…

New Delhi, Nov 10 (KNN) Finance Minister Arun Jaitley has assured that nobody would be harassed or questioned over small deposits.

While addressing…

Small biz need not worry about deposits up to 1.5-2 lacs, as it is below taxable income: Dr Adhia

Small biz need not worry about deposits…

New Delhi, Nov 10 (KNN) Addressing the concerns of small businessmen, artisans, workers on speculations over income tax department asking questions department…

Rs 500 and Rs 1000 notes will not be valid post-midnight: PM Modi

Rs 500 and Rs 1000 notes will…

New Delhi, Nov 8 (KNN) Making a big announcement to check black money, Prime Minister Narendra Modi announced that Rs 500 and Rs 1000 notes will no longer…

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