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Get latest articles and stories on Business at LatestLY. The National Financial Reporting Authority (NFRA) has debarred Rajiv Bengali, a chartered accountant associated with Subramaniam Bengali & Associates for professional misconduct, the Union Ministry of Finance said on Monday. Business News | NFRA Debars CA Rajiv Bengali for Five Years, Imposes Rs 5 Lakh Penalty.
A spate of urban co-op banks was either put under restriction or imposed with fine for various acts of omissions and commissions last week. At least six banks were put under Directions and four others were penalized.
Responding to a question raised by Rajya Sabha MP (member of parliament) Subramanian Swamy, the finance ministry informed the parliament that Rs10,720 crore worth old Rs1,000 and Rs500 notes did not return into circulation after demonetisation.
In Dakshina Kannada district Rs 1.92 crore demonitised currency was seized by the Police and have arrested 3 persons.Preliminary investigations suggested that the money was being brought from Chitradurga and Shivamogga districts.
Officials directed to refund cash seized during 2016 polls to farmer Published: Recipient's Name Send The Judge directed the revenue authorities to adhere to Rule 2 of the Specified Bank Notes (Deposit of Confiscated Notes) Rules, 2017, and refund the amount to the farmer within four weeks. Chennai: Observing that the revenue officials, who are conferred with quasi-judicial power, cannot shrink their responsibility in considering the request of a citizen for return of his money, the Madras High Court has directed the Tahsildar-cum-Assistan...