Web(2) On recommendation of the Central Board the 2[Central Government] may, by notification in the Gazette of India, declare that, with effect from such date as may be specified in the … Web1 Nov 2024 · Section 7 has two parts - consultation and then issuing a direction to the RBI for taking some action in public interest. Under it, the Central Government may from time to time give such directions to the Bank as it may consider necessary in the public interest. This has to be done only after consultation with the Governor of RBI.

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Web25 Nov 2024 · Section 22 : It gives the RBI the sole right to issue bank notes in the country. Section 24 : It mentions the denominations of the notes that can be in circulation. On the … Web31 Oct 2024 · Section 7 of RBI Act empowers government to issue directions to the central bank. Directions will be issued after consultation with the RBI governor. P Chidambaram … nursing theory for depression

Section 22, 23 RBI Act Right to issue bank notes Issue Department

Web12 Apr 2024 · This discrepancy was accepted by the assessee and offered for taxation as business income in the return of income. However, the AO held hat access stock found was undisclosed investment within the meaning of section 69, and therefore taxes have to be levied at higher rate under the provision of section 115BBE of the Act.. In the first appeal, … Webin administering any scheme for subsidising the rate of interest or other charges in relation to any loans or advances made, or other credit facilities provided, by banks or other … Web14 Apr 2024 · Firstly, pension funds offer tax benefits under Section 80C of the Income Tax Act, which allows investors to claim a deduction of up to Rs 1.5 lakh on their taxable income. nobody baby lyrics