New User   Login      
Tax Management India .com TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Foreign Exchange Fraud by PSBs

News and Press Release - Dated:- 12-8-2016 - Reserve Bank of India (RBI) has informed that recently a case of foreign exchange violation in Ashok Vihar Branch of Bank of Baroda was reported. Advance import remittances were permitted without verifying the bonafide of transactions and without carrying proper due diligence of both Indian clients as well as overseas suppliers. RBI has taken various steps to stop recurrence of such instances which inter-alia include (i) comprehensive guidelines on ha .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version