Cash withdrawal limit for savings accounts increased to Rs 50,000 from Rs 24,000 per week – ZEE NEWS

20-02-2017

Source: Cash withdrawal limit for savings accounts increased to Rs 50,000 from Rs 24,000 per week – ZEE NEWS New Delhi: The remonetisation excercise is taking place fast as part of government's plan subsequent to the withdrawal of the specified bank notes of Rs 5,00 and Rs 1,000 from circulation on Novemenr 8, 2016. The Reserve Bank of India, in its circular on February 8 said that inn line with the pace of remonetisation, it has now been decided to remove the restrictions on cash withdrawals from Saving Bank accounts (including accounts opened under PMJDY) in a two step process as under: It added that effective February 20, the limits on cash withdrawals from the Savings Bank

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President’s Estate to Generate 670 KW Solar Energy through rooftop Solar Panels
February 10, 2017

The President of India, Shri Pranab Mukherjee will inaugurate the first phase of a Solarization Project in the President’s Estate tomorrow (February 10, 2017) under which 670 KW of solar power will be generated through rooftop solar panels installed on seven buildings in the President’s Estate. The savings in electricity bills resulting

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Ministry of Water Resources08-February, 2017 18:23 IST Committee of Secretaries setup to speed up the implementation of Namami Gange Programme
February 9, 2017

First meeting of the Empowered Task Force on River Ganga held Union Minister of Water Resources, River Development and Ganga Rejuvenation Sushri Uma Bharti has announced setting up of a Committee of Secretaries to speed up the implementation of Namami Gange Programme. Chairing the first First Meeting of the Empowered Task Force on River

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A fillip to NITI Aayog’s incentive schemes on Digital Payments promotion
February 9, 2017

7.6 lakh citizens receive reward money worth Rs.117 crore in 45 days for embracing Digital Payments The initiative to make Digital Payments a mass movement in India through NITI Aayog’s two incentive schemes – Lucky Grahak Yojana and DigiDhan Vyapar Yojana – has reaped huge dividends in just 45 days since its launch. Latest data from

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Revise the tax treaties with partner countries to enable the CBI and ED to use the data for prosecution
February 3, 2017

Government is contemplating to revise the tax treaties with partner countries to enable the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) to use the data for prosecution of those who have stashed black money abroad. Treaty partner countries have been requested to modify the tax treaties, so as to explicitly include

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From November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth Rs. 5,92,613 crore have been issued to public
February 3, 2017

Consequent to the announcement of withdrawal of Legal Tender status of banknotes of Rs. 500 and Rs. 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for supply of adequate quantity of banknotes in various denominations to the public through the banks. Over the period from November 10, 2016

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First Advance Estimates released by the Central Statistics Office (CSO), the economy is estimated to grow at 7.1 per cent in 2016-17, as compared to the growth of 7.9 per cent achieved in 2015-16
February 3, 2017

As per the First Advance Estimates released by the Central Statistics Office (CSO), the economy is estimated to grow at 7.1 per cent in 2016-17, as compared to the growth of 7.9 per cent achieved in 2015-16. Data on Gross Domestic Product (GDP) for the quarter October-December, 2016 and January-March, 2017 is yet to be released by the CSO. The

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