Search Results for Tag : cash

Top Story

Government bans cash transactions above Rs. 3 Lacs w.e.f. 1st April 2017(01.02.2017)

The Union Government in its the budget for the Year 2017-2018 has yet again cracked the whip on black money by declaring that all cash transactions ov.....

Tags : Cash transaction, Limit

Government bans cash transactions above Rs. 3 Lacs w.e.f. 1st April 2017(01.02.2017)

The Union Government in its the budget for the Year 2017-2018 has yet again cracked the whip on black money by declaring that all cash transactions ov.....

Tags : Cash transaction, Limit

Notifications & Circulars

Government of India makes systematic progress towards cash transfers of food subsidy, Shri Ram Vilas Paswan launches handbook to guide States in implementation of cash transfers of food subsidy(31.05.2018)

Shri Ram Vilas Paswan, the Union Minister of Consumer Affairs, Food and Public Distribution launched the 'Handbook for Implementation of Cash Transfer.....

Tags : Cash transfers, Food subsidy, Progress

Discontinuation of acceptance of cash by Stock Brokers(12.07.2018)

1. Please refer to SEBI circular SEBI/MRD/SE/Cir- 33/2003/27/08 dated August 27, 2003, regarding Mode of Payment and Delivery.

2. Government.....

Tags : Acceptance, Cash, Stock Brokers, Discontinuation

Judgments

Beneficiary is entitled to realize a Bank Guarantee in terms thereof irrespective of any pending dispute relating to the terms of the contract(20.12.2019)

In the 'Corporate Insolvency Resolution Process' of Vishwa Infrastructures and Services Private Limited, the Appellant - 'Thermax Limited' (Operationa.....

Tags : Bank Guarantee, Encashment

Income Tax Department introduces a new utility for banks, post offices to check TDS rate on high value cash withdrawals(12.07.2020)

The Income Tax Department has facilitated a new functionality for Banks and Post offices through which they can ascertain the TDS applicability rates .....

Tags : TDS rate, Cash withdrawal, Applicability

Invocation of a bank guarantee cannot be injuncted merely on ground that disputes are pending between the parties(08.02.2021)

The Petitioner has filed the present petition under Section 9 of the Arbitration and Conciliation Act, 1996 ( A&C Act), praying that direction be issu.....

Tags : Bank guarantee, Encashment, Injunction

Revised guidelines for liquidity enhancement scheme in the equity cash and equity derivatives segments(01.09.2021)

1. SEBI vide circular CIR/MRD/DP/14/2014 dated April 23, 2014 permitted stock exchanges to introduce liquidity enhancement schemes in the equity cash .....

Tags : Revised guidelines, Liquidity enhancement scheme, Equity cash

Changes to the framework to enable verification of upfront collection of margins from clients in cash and derivatives segments(10.05.2022)

1. SEBI, vide circular SEBI/HO/MRD2/DCAP/CIR/P/2020/127 dated July 20, 2020, prescribed the framework to enable verification of upfront collection of .....

Tags : Changes, Framework, Cash, Derivatives segments

Identity, credit-worthiness and genuineness of transactions have to be explained by the assessee, if the amount pertaining to it credited in books of account(22.05.2024)

Present appeal preferred by the appellant/Revenue, challenges an order, of the Commissioner of Income Tax (Appeals) ['CIT(A)']. By the order under cha.....

Tags : Assessment, axability, Cash credit

Facilitation by the Insurers for cashless services at network hospitals(22.04.2021)

1. It has been brought to the notice of the Authority that some hospitals are denying cashless facility to policyholders for treatment of COVID-19 tre.....

Tags : Insurers, Cashless services, Network hospitals

Income Declaration Scheme, 2016 - Acceptance of Cash Over the Counter(08.09.2016)

Vide Circular DBOD.No.Leg.BC.38/09.07.005/2008-09 dated August 28, 2008, banks have been advised to ensure that their branches invariably accept cash .....

Tags : Scheme, Cash, Acceptance, Counter

News

Madras HC Dismisses PIL Over Non-Distribution of Cash Awards from CM Endowment(05.03.2021)

Madras High Court has dismissed a public interest litigation petition, which accused the Central Institute of Classical Tamil (CICT), chaired by Chief.....

Tags : Madras High Court, Non-Distribution of Cash Awards from CM Endowment

CBDT: Rs 2 Lakh Cash Ban Shall Not Apply on One Installment for Loan for NBFCs(06.07.2017)

Central Board of Direct Taxes (CBDT) has clarified that prohibition on cash transactions upto Rupees 2 lakhs under section 269ST of Income Tax Act doe.....

Tags : Central Board of Direct Taxes, Cash Ban

Kerala High Court Quashes 'Censure' against KSEB Cashier for WhatsApp Text Against CM(10.05.2021)

Kerala High Court has quashed an order of censure against a cashier working with the Kerala State Electricity Board Ltd. (KSEB), who had allegedly dis.....

Tags : Kerala High Court, Censure Against KSEB Cashier

Madras HC Seeks Response on Extension of Covid-19 Cash Relief to Transgender Persons(21.05.2021)

Madras High Court has sought the response of the Tamil Nadu government on a plea seeking the extension of COVID-19 cash relief Rs.4000/- to transgende.....

Tags : Madras High Court, Extension of Covid-19 Cash Relief to Transgender Persons

HP HC: Accused Shall be Allowed to Furnish Cash Deposits for Getting Bail(07.08.2020)

Himachal Pradesh High Court has observed that the Courts while granting bail should give a choice to the accused to either furnish surety bonds or giv.....

Tags : Himachal Pradesh High Court, Cash Deposits for Getting Bail

RBI seeks feedback on concept paper on Card Acceptance Infrastructure(08.03.2016)