November 19, 2015 - India ITR

RBI Allowed Internet Banking Facility for Customers of Regional Rural Banks

Bank Accounts, RBI Notifications/ Circulars/ Press ReleaseBy Himanshi November 19, 2015

RBI/2015-16/242DBR.RRB.BC.No. 59/31.01.001/2015-16 November 19, 2015 All Regional Rural Banks Dear Sir/Madam, Internet Banking Facility for Customers of Regional Rural Banks Presently, Regional Rural Banks (RRBs) are not permitted to provide internet banking facilities to their customers. With a view to enhancing customer service and taking into account demand for such services, it has been decided…

Clarification regarding unauthenticated reports on conciliation in the Vodafone case

Income TaxBy Himanshi November 19, 2015

There are some unauthenticated stories in media about offer of conciliation of Vodafone case outside arbitration. Vodafone has in a written communication expressed its desire to go for conciliation for its tax disputes with India. In response, the Government has held one preliminary meeting to explore terms of reference of such a conciliation on 10th…