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November 17, 2016 1:05 PM

Customer PAN must for deposit exceeding Rs 50,000: RBI to banks

In the wake of demonetisation of high-value currency, RBI has asked banks to ensure that customers submit a copy of permanent account number (PAN) card for any cash deposit exceeding 50,000 rupees, if it is not already seeded with the account. <br/><br/>The apex bank said this in a notif...

November 17, 2016 12:54 PM

Govt not in mood to pay heed to opposition demand for JPC: Naidu

Government is not in a mood to pay heed to the opposition demand for setting up of Joint Parliamentary Committee (JPC) to probe the alleged leakage of decision on demonetization of high value currency. <br/><br/>Talking to reporters outside Parliament today, Information and Broadcasting ...

November 17, 2016 12:49 PM

ITPO takes measures for cashless transactions at IITF

India Trade Promotion Organisation (ITPO) has taken various measures to facilitate cashless transactions for the participants and exhibitors at the ongoing India International Trade Fair at Pragati Maidan, New Delhi. <br/><br/>A set of service providers has been given access to exhibitor...

November 17, 2016 12:39 PM

TMC protests outside Parliament House against demonetization

TMC today protested outside Parliament House against the government decision to demonetize 500 and 1000 rupees. Displaying posters, party MPs raised slogans against it and demanded its roll back. <br/><br/>Talking to reporters, party leader Dinesh Trivedi said the move has caused hardshi...

November 17, 2016 12:30 PM

Govt announces new measures to tackle demonetisation problems

Government today announced new measures to contain the problems faced by people following the demonetisation of 500 and 1000 rupees notes. <br/><br/>Farmers have been allowed to withdraw 25 thousand rupees a week against crop loan and kisan credit card to ensure sowing in the rabi season...

November 17, 2016 10:54 AM

Indian Army denies Pakistan claim of killing 11 Indian soldiers at LoC

Indian Army has denied Pakistan's claim that it killed at least 11 Indian soldiers on Monday, the day 7 Pakistani Rangers were killed in cross-border firing across LoC. <br/><br/>In a tweet, the Northern Command said, there were no casualties due to firing by Pakistan on Monday, Tue...

November 17, 2016 9:37 AM

Maternity Benefit Bill, 2016 to be discussed in LS today

The Maternity Benefit (Amendment) Bill, 2016 has been listed for discussion in the Lok Sabha today the bill, which has been passed by the Rajya Sabha, aims to increase the maternity leave to 26 weeks.<br/><br/>The Mental Healthcare Bill, 2016 is also scheduled to come up for discussion i...

November 17, 2016 9:35 AM

Maternity Benefit Bill, 2016 to be discussed in LS today

The Maternity Benefit (Amendment) Bill, 2016 has been listed for discussion in the Lok Sabha today. The bill, which has been passed by the Rajya Sabha, aims to increase the maternity leave to 26 weeks.<br/><br/>The Mental Healthcare Bill, 2016 is also scheduled to come up for discussion ...

November 17, 2016 9:30 AM

I-T department surveys real estate players in NCR

The Income Tax department surveyed some real estate players in the national capital region yesterday to check reports of alleged profiteering and tax evasion by these entities while converting the recently demonetised notes. <br/><br/>Officials said, the department conducted the exercise...

November 17, 2016 8:23 AM

Mumbai court allows ED for Lalit Modi transfer from UK

A special court in Mumbai has allowed Enforcement Directorate (ED) to send a Letter of Request to the British government for execution of a non-bailable warrant against Lalit Modi and his transfer to India for facing probe in a money laundering case.<br/><br/>ED, in its application on th...

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