https://www.taxtmi.com/news?id=2752 Indigenisation and capacity expansion for bank note paper production, together with modernization of currency printing and finishing equipment, are being implemented to enhance print-based security features and reduce import dependence. A high-level committee under the Directorate of Currency will secure robust security features through global competitive bidding. The Coinage Act 2011 consolidates coinage laws and prescribes stringent penalties for unlawful making, melting, or destruction of coins. SPMCIL has advanced corporatisation objectives, improved financial metrics, undertaken debt repayment toward becoming debt free, and planned multi-year capital investments to bolster domestic security product production. en-us Mon, 13 Feb 2012 18:38:04 +0530 Mon, 13 Feb 2012 18:38:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2752 Indigenisation and capacity expansion for bank note paper production, together with modernization of currency printing and finishing equipment, are being implemented to enhance print-based security features and reduce import dependence. A high-level committee under the Directorate of Currency will secure robust security features through global competitive bidding. The Coinage Act 2011 consolidates coinage laws and prescribes stringent penalties for unlawful making, melting, or destruction of coins. SPMCIL has advanced corporatisation objectives, improved financial metrics, undertaken debt repayment toward becoming debt free, and planned multi-year capital investments to bolster domestic security product production. News - Mon, 13 Feb 2012 18:38:04 +0530 https://www.taxtmi.com/news?id=2752