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Historic announcements on ending corruption and black money by PM; Five hundred and one thousand rupee notes will no longer be legal tender from midnight tonight In a historical move that will add record strength in the fight against corruption, black money, money laundering, terrorism and financing of terrorists as well as counterf..

Kerala and Tamil Nadu have also rolled out the National Food Security Act (NFSA). With this, now the Act has been implemented in all the States and Union Territories. As a result, now 81.34 crore persons will get wheat at Rs. 2/ kg and rice at Rs. 3/ kg. This was announced by Union Minister of Consumer Affair, Food & Public Distribution, Shri Ram Vilas Paswan wh..

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes  Subject: Prohibition of Benami Property Transactions Act, 1988 –reg. Benami Property Transactions Act, 1988 has been amended by the B..

Smt. Maneka Sanjay Gandhi expresses concern at the inadequate implementation of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013  WCD Ministry to set up Inter-Ministerial Committee and an e-platform for effective redressal of complaints of sexual harassment at workp..

The one-man judicial committee on One Rank One Pension (OROP) submitted its report to the Defence Minister Shri Manohar Parrikar, here today. The Central Government had appointed the committee under the Chairmanship of Justice L Narasimha Reddy, retired Chief Justice of Patna High Court to look into the anomalies, if any, arising out of implementation of OROP. ..

RBI/2016-17/93 A.P. (DIR Series) Circular No. 11 [(1)/14(R)] October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Foreign Exchange Management (Manner of receipt and payment) Regulations, 20..

Date for seeking comments from stakeholders and public on the Draft Financial Resolution and Deposit Insurance (FRDI) Bill extended till 31st October, 2016.    The Government of India had invited stakeholder/public comments on the Draft Financial Resolu..

Shri Thaawarchand Gehlot, Minister for Social Justice & Empowerment chaired a Pre-legislative Consultation Meeting on 'The Persons in Destitution (Protection, Care and Rehabilitation) Model Bill, 2016' organized by the Ministry of Social Justice & Empowerment here today.  Smt. Anita Agnihotri, Secretary of M/o SJ&E and senior officers of the m..

RBI/2016-17/83 DBR.No.Ret.BC.15/12.02.001/2016-17 October 13, 2016 All Commercial Banks, Primary (Urban) Co-operative Banks (UCBs), State and Central Co-operative Banks (StCBs/CCBs) Dear Sir, Section 24 and S..

The Government has decided to raise the Employees Provident Fund ( EPF) investment in Exchange Traded Funds from present 5 per cent to 10 per cent. Announcing this Shri Bandaru Dattatreya, the Minister of State(IC) for Labour and Employment said that the decision has been taken considering the good returns in ETF investment. As..

The Reserve Bank of India Act, 1934 (RBI Act) has been amended by the Finance Act, 2016,  to provide for a statutory and institutionalised framework for a Monetary Policy Committee, for maintaining price stability, while keeping in mind the objective of growth. The Monetary Policy Committee would be entrusted with the task of fixing the benchmark policy rate (r..

Following is the summary of the recommendations of the Committee. The Report of the Committee is in two parts: i. Rationale and Design/Recommendations; ii. A comprehensive draft Financial Resolution and Deposit Insurance Bill covering..

Committee Draft - The Financial Resolution and Deposit Insurance Bill, 2016 To know in details, find the enclosed file ..

Finance Ministry invites comments/suggestions from stakeholders by October 14, 2016 on the Report & Draft FRDI Bill    The Finance Minster Shri Arun Jaitley in Para 90 of his Budget Speech 2016-17, had announced:/d..

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 8th September, 2016/Bhadra 17, 1938 (Saka) The following Act of Parliament received the assent of the President on the 8th September, 2016, and is hereby published for general information:-  /p..