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Home News Month 12 2016 2016 (12) This
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December 3, 2016 Action taken in cases of bank officials involved in carrying out irregular transactions violative of RBI’s instructions post demonetisation of Specific Bank Notes by the Government w.e.f. midnight of 8th November 2016 December 2, 2016 Demonetisation, GST to create cleaner economy December 2, 2016 RBI Reference Rate for US December 2, 2016 Fifth Bi-monthly Monetary Policy Statement 2016-17 on at 2.30 pm on December 07, 2016 December 1, 2016 Demonetisation:PAC to call RBI Guv in Jan to review eco impact December 1, 2016 Various points clarified with respect to gold jewellery and ornaments; No limit on holding of gold jewellery or ornaments by anybody provided it is acquired from explained sources of income including inheritance December 1, 2016 With effect from the midnight of 2nd December, 2016, old ₹ 500 bank notes will not be accepted at petrol, diesel and gas outlets of Public Sector Oil and Gas Marketing Companies as well as for purchase of Air Tickets at Airports; However, supply of LPG continues to be in the exempted category for the purpose of payment through old ₹ 500 bank notes December 1, 2016 Government clarifies that the apprehension sought to be created that the jewellery with the household which is acquired-out of disclosed sources or exempted income shall become taxable under the proposed Taxation Laws (Second Amendment) Bill, 2016, is totally unfounded and baseless December 1, 2016 RBI Reference Rate for US $ December 1, 2016 Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 30, 2016)

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