Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: form 3cd :: ACCOUNTING STANDARDS :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: empanelment :: VAT RATES :: Central Excise rule to resale the machines to a new company :: VAT Audit :: cpt :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
General »
 Number of companies paying tax over Rs 100 crore declines in 2013-14
 Tax and the dilemma of the self-employed
 Banks warn share tax hike threatens Paris' post-Brexit appeal
 PMC may decide on property tax rebate for IT firms this week
 I-T Dept is giving out certificates of appreciation. Have you received yours?
 Government works on ironing out benefits refund mechanism for exportersa
  Tax officials are using an IDS provision to question transactions beyond six-year-limit
 Tax-free bonds rally like midcap funds
 Senior citizens do not have to pay advance tax on salary and interest income
 GST: Audit commissioners to get adjudication powers
 Interest on NRE rupee account can be exempt from tax under FEMA

FM briefs banks on loan waiver
June, 06th 2008

In order to initiate the debt waiver scheme, Union Finance Minister P Chidambaram held a video conference on Thursday with chairmen and managing directors of the three public sector banks--United Bank of India (UBI), Allahabad Bank and UCO Bank--headquartered in Kolkata .

While directing the banks to implement the agricultural debt waiver and debt relief scheme within June 30, 2008, he listed the action points for compliance by banks.

Executives should be allocated 20-25 branches each which should be visited by them for verification and clearance of the eligible farmers' list.

Subsequently, these executives should visit the branches before June 15, 2008, and give clearance to the list for display after thorough verification.  The CMD and the ED should personally inspect two to three branches.

The display of the eligible list of farmers under waiver as well as debt relief should be completed preferably by June 20, 2008.

Individual farmers need not have to make any application to the branch for getting the benefit of debt waiver.

Farmers need to only visit the branch to see whether the name was on the appropriate list displayed by the branch. A certificate on waiver of the loan to eligible farmers would be issued by the branch. Farmers will then be eligible for a fresh loan from the bank.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - We Bring IT. Offshore software outsourcing company. We use Global Delivery Model (GDM) and believe in Follow The Sun principle

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions