Monday, November 28, 2016

Goa will be First State to go Cashless from December 31, 2016

Highlights

While cash transactions are not being banned, the move is to encourage a cashless society. 
People will be able to buy perishables such as fish, meat, vegetables or anything else at the press of a button on their mobile.


PANAJI: Goa is likely to become the first state in India to go cashless from December 31, as people will be able to buy perishables such as fish, meat, vegetables or anything else at the press of a button on their mobile. 

Withdrawal of cash per week - RBI Instructions on 25.11.2016

RBI/2016-17/158
DCM (Plg) No.1424/10.27.00/2016-16

November 25, 2016
To,
The Chairman / Managing Director/ Chief Executive Officer,
Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural
Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks

Dear Sir,

Withdrawal of cash – Weekly limit

Thursday, November 24, 2016

Guidelines on treatment of effect of penalties on promotion - role of Departmental Promotion Committee.

To view DoPT OM dated 21st November 2016, please CLICK HERE. 

Declaration of undisclosed Black Money

Declaration of undisclosed Black Money
Press Information Bureau
Government of India
Ministry of Finance

22-November-2016 17:53 IST 

A total number of 64,275* declarants have made declaration of undisclosed income of Rs.65,250* crore under the Income Declaration Scheme, 2016. (*Provisional). Under the Income Declaration Scheme, 2016 the amount of tax, surcharge and penalty is payable in three instalments. The notified date for payment of first instalment is 30th November, 2016. Hence, the quantum of tax collected as part of the Scheme cannot be quantified at this stage.

Government has taken several measures, by way of policy initiatives and enforcement action, to curb black money. Such measures include –

PM invites views from the people, on decision taken regarding currency notes of Rs. 500 and Rs. 1000

Press Information Bureau
Government of India
Prime Minister's Office

22-November-2016 13:33 IST 

PM invites views from the people, on decision taken regarding currency notes of Rs. 500 and Rs. 1000

The Prime Minister, Shri Narendra Modi, has invited views from the people, on the recent decision taken by the Union Government regarding currency notes of Rs. 500 and Rs. 1000. 

People can submit their views through a survey consisting of 10 questions, which is available through the Narendra Modi App. Sharing the link to this survey, the Prime Minister tweeted today that he wants a first-hand view from the people, regarding this decision. 

Cadre Restructuring of Group 'C' employees in Department of Posts - Clarification - reg.

To view, please CLICK HERE. 

Regarding exchange of currency notes at post offices - DO from Directorate

Government Committee for consideration of issues of 7th CPC recommendations

Government Committee for consideration of issues of 7th CPC recommendations

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
RAJYA SABHA
UNSTARRED QUESTION NO-713
ANSWERED ON-22.11.2016

Government Committee for consideration of issues of 7th CPC recommendations

713 . Shri Neeraj Shekhar

(a) whether Group of Ministers including Union Minister for Finance had assured the representatives of various trade unions/JCM to set up a Committee to consider the demand of revision of Minimum Wage and Fitment Formula under 7th CPC with a mandate to finalize its report within four months;
(b) if so, the present status of the Committee;
(c) the reasons for the delay in report by the said Committee even after elapsing of more than four months;
(d) whether the Committee on Allowances has finalized its report;
(e) if so, the details thereof along with the salient recommendations thereof; and
(f) if not, the reasons therefor?

Efficient booking, transmission and delivery arrangements for parcels during upcoming festive season - reg