Money Transfer Service Scheme – ‘Direct to Account’ facility
Posted Date : 04-Mar-2014 , 09:09:10 pm | Posted By: CASANSAAR
RBI/2013-14/511A.P. (DIR Series) Circular No. 110
March 4, 2014
To,
All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme
Madam / Sir,
Money Transfer Service Scheme – ‘Direct to Account’ facility
Attention of Authorised Persons, who are Indian Agents under Money Transfer Service Scheme (MTSS) is invited to Para 4.4 (e) Payment to Beneficiaries ofAnnex II- Section I of the A.P. (DIR Series) Circular No. 89 dated March 12, 2013 on Money Transfer ...
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FEMA |
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Recognising E-Aadhaar as an ‘Officially Valid Document’ under PML Rules
Posted Date : 04-Mar-2014 , 09:08:19 pm | Posted By: CASANSAAR
RBI/2013-14/510DBOD.AML.BC.No. 100/14.01.001/2013-14
March 4, 2014
The Chairpersons/Chairmen / CEOs of all Scheduled Commercial Banks(Excluding RRBs)/Local Area Banks / All India Financial Institutions
Madam / Dear Sir,
Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 –Recognising E-Aadhaar as an ‘Officially Valid Document’ under PML Rule...
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RBI |
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Withdrawal of all old series of Banknotes issued prior to 2005
Posted Date : 03-Mar-2014 , 08:15:24 pm | Posted By: CASANSAAR
RBI/2013-14/509DCM(Plg) No.G- 19/3880/10.27.00/2013-14
March 03, 2014
The Chairman / Managing Director/ Chief Executive OfficerAll Scheduled Commercial BanksPrimary(Urban) Co-operative Banks/RRBs
Dear Sir /Madam
Withdrawal of all old series of Banknotes issued prior to 2005
Please refer to ourcircular DCM (Plg) No. G-17/3231/10.27.00/2013-14 dated January 23, 2014on the captioned subject which was followed by a Press Release on January 24, 2014 (copy enclosed).
2. On a review of the matter...
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RBI |
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Online details of Invoice & GR (T-2 Form) in respect of goods procured from outside Delhi
Posted Date : 03-Mar-2014 , 08:13:25 pm | Posted By: CASANSAAR
In exercise of the powers conferred under sub-section (1) read with sub-section (3) ofsection 70 of the Delhi VAT Act, 2004, I, Prashant Goyal, hereby direct that the details ofInvoice and Goods Receipt (GR) Note in respect of all goods purchased or received as stocktransfer or received on consignment agreement from outside Delhi shall be submittedonline by dealers, using their login id and password, before the goods physically enter theboundary of Delhi. The details shall be submitted by all de...
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VAT |
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Notification relating to effective date of provisions of section 135 and Schedule VII of Companies Act, 2013
Posted Date : 02-Mar-2014 , 07:11:16 pm | Posted By: CASANSAAR
Notification relating to effective date of provisions of section 135 and Schedule VII of Companies Act, 2013, dated 27/02/2014....
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Corporate Laws |
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Companies (Corporate Social Responsibility Policy) Rules, 2014
Posted Date : 02-Mar-2014 , 07:09:53 pm | Posted By: CASANSAAR
Companies (Corporate Social Responsibility Policy) Rules, 2014. dated 27/02/2014...
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Corporate Laws |
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Notification relating to amendments of Schedule VII of Companies Act, 2013
Posted Date : 02-Mar-2014 , 07:07:30 pm | Posted By: CASANSAAR
Notification relating to amendments of Schedule VII of Companies Act, 2013, Dated 27/02/2014....
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Corporate Laws |
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DVAT – Dealers to keep records at principal place of business for 7 years
Posted Date : 28-Feb-2014 , 06:46:45 pm | Posted By: CASANSAAR
DEPARTMENTOF TRADE& TAXES, VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110002
PUBLIC NOTICE
FOR ATTENTION OF DELHI VAT DEALERS
You are required to have a principal placeof businessin Delhi and intimate any change in its address to the Commissioner within 30 days of such change.
As perthe section48 and Rules 42 & 19 of Delhi VAT Act & Rules, you are also required to maintain and retain prescribed records at thedeclaredprincipal placeof businessin Delhi for 7 years. The record may be...
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VAT |
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Export of Goods and Services: Export Data Processing and Monitoring System (EDPMS)
Posted Date : 28-Feb-2014 , 06:43:57 pm | Posted By: CASANSAAR
RBI/2013-14/507A.P. (DIR Series) Circular No. 109
February 28, 2014
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Export of Goods and Services:Export Data Processing and Monitoring System (EDPMS)
Attention of Authorised Dealers is invited toA. P. (DIR Series) Circular No. 12 dated September 9, 2000read withA.P. (DIR Series) Circular No.101 dated February 04, 2014in terms of which a comprehensive IT- based system called Export Data Processing and Monitoring System (EDPMS) h...
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FEMA |
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Guidelines on ‘Fit and Proper Criteria’ for Chief Executive Officers (CEOs) of Multi-State Urban Co-operative Banks
Posted Date : 28-Feb-2014 , 06:43:02 pm | Posted By: CASANSAAR
RBI/2013-14/506UBD CO BPD (PCB) Cir. No. 49/12.05.001/2013-14
February 28, 2014
To
All Multi-State Urban Co-operative Banks
Madam / Dear Sir,
Guidelines on ‘Fit and Proper Criteria’ for Chief Executive Officers (CEOs) of Multi-State Urban Co-operative Banks
Please refer to the circular No R-11017/17/2011-L&M dated August 16, 2011 issued by Government of India, Ministry of Agriculture, Department of Agriculture and Co-operation on the captioned subject.(copy enclosed). It wo...
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RBI |
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First point tax levied on additional items under Punjab VAT wef 01.03.2014
Posted Date : 28-Feb-2014 , 05:27:09 pm | Posted By: HARPAL SINGH CHEEMA
Whereas the State Government is satisfiedthat circumstances exist, which render it necessary to take immediate action inpublic interest;
Now, therefore, in exercise of the powers conferred by sub section (3) ofsection 8 of the Punjab Value Added Tax Act, 2005 (Punjab Act No. 8 of 2005)and all other powers enabling him in this behalf, the Governor of Punjab is pleasedto make the following amendments in Schedules ‘A’, ‘B’ and ‘E’ appended to thesaid Act, with e...
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Category :
VAT |
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Regarding implementation of Customs Baggage Declaration Regulations 2013
Posted Date : 28-Feb-2014 , 08:12:01 am | Posted By: CASANSAAR
Circular No. 05/2014-Customs
F. No. 520/13/2013- Cus.VI
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
*****
227 B, North Block
New Delhi, dated 27thFebruary, 2014
To,
All Chief Commissioners of Customs / Customs (Preventive)
All Chief Commissioners of Customs and Central Excise
All Commissioners of Customs / Customs (Preventive)
All Commissioners of Customs and Central Excise
Sir/ Madam
Subject:Customs Baggage Declaration R...
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Custom |
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Call/Notice Money Market Operations
Posted Date : 26-Feb-2014 , 08:48:18 pm | Posted By: CASANSAAR
RBI/2013-14/504IDMD/PCD/No. 11/14.01.01/2013-14
February 26, 2014
The Chairmen/ Chief Executives of all Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers
Dear Sir/Madam,
Call/Notice Money Market Operations
It has been decided to dispense with the extant practice of Banks/ PDs/ Co-operative banks approaching RBI for fixing of prudential limits for transactions in Call / Notice Money Market. Banks/PDs/ Co-operative banks may, with the approval of their Boards,...
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RBI |
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Framework for Revitalising Distressed Assets in the Economy – Guidelines on Joint Lenders’ Forum (JLF) and Corrective Action Plan (CAP)
Posted Date : 26-Feb-2014 , 08:47:23 pm | Posted By: CASANSAAR
RBI/2013-14/503DBOD.BP.BC.No.97/21.04.132/2013-14
February 26, 2014
All Scheduled Commercial Banks(excluding RRBs)All-India Term-lending and Refinancing Institutions(Exim Bank, NABARD, NHB and SIDBI)
Dear Sir,
Framework for Revitalising Distressed Assets in the Economy – Guidelines onJoint Lenders’ Forum (JLF) and Corrective Action Plan (CAP)
Please refer to the Framework for Revitalising Distress Assets in the Economy placed on our website on January 30, 2014. Accordingly, deta...
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RBI |
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Framework for Revitalising Distressed Assets in the Economy - Refinancing of Project Loans, Sale of NPA and Other Regulatory Measures
Posted Date : 26-Feb-2014 , 08:46:02 pm | Posted By: CASANSAAR
RBI/2013-14/502DBOD.BP.BC.No. 98/21.04.132/2013-14
February 26, 2014
All Scheduled Commercial Banks (excluding RRBs)All-India Term-lending and Refinancing Institutions(Exim Bank, NABARD, NHB and SIDBI)
Dear Sir,
Framework for Revitalising Distressed Assets in the Economy - Refinancing of Project Loans, Sale of NPA and Other Regulatory Measures
Please refer to paragraphs 5 and 8 to 12 of the Framework for Revitalising Distressed Assets in the Economy, placed on our website on January 30, 201...
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RBI |
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Security Incident Tracking Platform- Reporting thereon
Posted Date : 26-Feb-2014 , 08:45:10 pm | Posted By: CASANSAAR
RBI/2013-14/501DIT CO No.1857/07.71.099/2013-14
February 26, 2014
The Chief Information Security Officer (CISO)All Scheduled Commercial banks
Dear Sir
Security Incident Tracking Platform- Reporting thereon
Information on Security, particularly security incidents, external attacks, internal compromises etc. is unique to each bank. Sharing of such information/ incidents/experiences would greatly benefit banks in taking appropriate preventive/corrective measures. As of now, information sharing...
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RBI |
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Seeks to amend notification No. 06/2013- Service Tax dated 18.04.2013
Posted Date : 25-Feb-2014 , 09:24:10 pm | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 05/2014-Service Tax
New Delhi, the 24th February, 2014.
G.S.R. 107 (E).– In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Departm...
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Category :
Service Tax |
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FIMMDA’s Trade Reporting and Confirmation platform for OTC transactions in Corporate Bonds and Securitized Debt Instruments
Posted Date : 24-Feb-2014 , 09:19:04 pm | Posted By: CASANSAAR
RBI/2013-14/500IDMD.PCD. 10/14.03.06/2013-14
February 24, 2014
To
All RBI Regulated Entities
Dear Sir/Madam
FIMMDA’s Trade Reporting and Confirmation platform for OTC transactions in Corporate Bonds and Securitized Debt Instruments
Please refer to ourcirculars IDMD. 530/03.64.00/2007-08 dated July 31, 2007andIDMD.PCD. 06/14.03.06/2013-14 dated August 26, 2013on the captioned subject. Currently, the OTC trades in Corporate Bonds and Securitized Debt Instruments are being reported on F...
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RBI |
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Foreign Direct Investment (FDI) into a Small Scale Industrial Undertakings (SSI) / Micro & Small Enterprises (MSE) and in Industrial Undertaking manufacturing items reserved for SSI/MSE
Posted Date : 20-Feb-2014 , 09:35:05 pm | Posted By: CASANSAAR
RBI/2013-14/498A.P. (DIR Series) Circular No.107
February 20, 2014
To
All Category – I Authorised Dealer Banks
Madam / Sir,
Foreign Direct Investment (FDI) into a Small Scale Industrial Undertakings (SSI) / Micro & Small Enterprises (MSE) and in Industrial Undertaking manufacturing items reserved for SSI/MSE
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Schedule 1 of the Foreign Exchange Management (Transfer or Issue of Security by a Person...
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FEMA |
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DVAT- Extension of Amnesty Scheme till 28.02.2014
Posted Date : 19-Feb-2014 , 09:54:02 pm | Posted By: CASANSAAR
Whereas the Lt. Governor of National Capital Territory of Delhi is of the opinion thatit is necessary in the interest of general public so to do.
Now, therefore, in exercise of the powers conferred by section 107 of the Delhi Value AddedTax Act, 2004 (Delhi Act 3 of 2005) , the Lt. Governor of National Capital Territory ofDelhi is pleased to make the following amendment to Delhi Tax Compliance AchievementScheme, 2013, notified vide Notification No. F.3(16)/Fin(Rev-I)/2013-14/dsvi/786 dated 20...
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Category :
VAT |
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Facilities to NRIs/PIOs and Foreign Nationals – Liberalisation - Reporting Requirement
Posted Date : 18-Feb-2014 , 09:39:01 pm | Posted By: CASANSAAR
RBI/2013-14/496A.P (DIR Series) Circular No. 106
February 18, 2014
To,All Category- I Authorised Dealer Banks
Madam / Sir,
Facilities to NRIs/PIOs and Foreign Nationals – Liberalisation - Reporting Requirement
Attention of Authorised Dealer Category - I (AD Category - I) banks is invited toA.P. (DIR Series) Circular No. 12 dated November 16, 2006in terms of which the lock-in period of 10 years for remittance of sale proceeds of immovable property was dispensed with and AD Category - I...
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FEMA |
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Seeks to amend notification No. 25/2012- Service Tax dated 20.06.2012
Posted Date : 17-Feb-2014 , 09:28:38 am | Posted By: CASANSAAR
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 04/2014 - Service Tax
New Delhi, the 17thFebruary, 2014
G.S.R....(E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Depa...
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Category :
Service Tax |
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ST.Circular - Regarding rice exemptions from service tax
Posted Date : 17-Feb-2014 , 09:24:44 am | Posted By: CASANSAAR
Circular No.177/03/2014 – ST
F. No.334/03/2014-TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise& Customs
Tax Research Unit
North Block, New Delhi
17thFebruary, 2014
To,
Chief Commissioners of Central Excise and Service Tax (All),
Director General (Service Tax), Director General (Central Excise Intelligence),Director General (Audit),
Commissioners of Service Tax (All),
Commissioners of Central Excise and Service Tax (All).
M...
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Category :
Service Tax |
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External Commercial Borrowings (ECB) – Reporting arrangements
Posted Date : 17-Feb-2014 , 07:11:04 am | Posted By: CASANSAAR
RBI/2013-14/495A. P. (DIR Series) Circular No. 105
February 17, 2014
ToAll Category-I Authorised Dealer Banks
Madam / Sir,
External Commercial Borrowings (ECB) – Reporting arrangements
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, notified vide Notification No. FEMA 3/2000-RB dated May 3, 2000, as amended from time to time andA.P. (DIR Series) Circular No.60 da...
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FEMA |
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CBDT bans AAI from issuing tax-free bonds, raises cap on issuing tax-free bonds for certain entities
Posted Date : 17-Feb-2014 , 07:08:57 am | Posted By: CASANSAAR
SECTION 10(15), ITEM (h) OF SUB-CLAUSE (iv) OF THE INCOME-TAX ACT, 1961 - EXEMPTIONS - INTEREST ON BONDS/DEBENTURES - SPECIFIED COMPANIES AUTHORIZED TO ISSUE TAX-FREE, SECURED, REDEEMABLE, NON-CONVERTIBLE BONDS DURING F.Y. 2013-14 SUBJECT TO SPECIFIED CONDITIONS - AMENDMENT IN NOTIFICATION NO. 61/2013 [F.NO.178/37/2013-(ITA-I)/SO 2424(E), DATED 8-8-2013
NOTIFICATION NO. 11/2014[F.NO.178/9/2014-(ITA-I)],DATED 13-2-2014
In exercise of the powers conferred by item (h) of sub-clause (iv) of cl...
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Category :
Income Tax |
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Punjab Small Traders Rahat Scheme, 2014
Posted Date : 15-Feb-2014 , 05:58:27 am | Posted By: HARPAL SINGH CHEEMA
In exercise of the powers conferred by Section 8-A of the Punjab Value Added Tax Act, 2005 (Punjab Act No. 8 of 2005), and all powers enabling him in this behalf, the Governor of Punjab is pleased to notify the following scheme to be called the Punjab Small Traders Rahat Scheme, 2014 with a view to levy lump sum tax with immediate effect on the traders mentioned in the said scheme and subject to the conditioned as specified therein....
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Category :
VAT |
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Clarification with regard to Section 185 of the Companies Act,2013 - MCA
Posted Date : 14-Feb-2014 , 07:12:49 am | Posted By: CASANSAAR
This ministry hAs received number of representations on the applicability ofS€ction 185 of ihe Companies Act, 2013,3 with reference to loans made, gaurantee given or security provided under section 372A of the companies act 1956....
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Category :
Corporate Laws |
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Import of Gold / Gold Dore by Nominated Banks /Agencies/Entities - Clarifications
Posted Date : 14-Feb-2014 , 07:04:40 am | Posted By: CASANSAAR
RBI/2013-14/493A.P. (DIR Series) Circular No.103
February 14, 2014
To
All Scheduled Commercial Banks which are Authorised Dealers (ADs) inForeign Exchange/ All Agencies nominated for import of gold
Madam / Sir,
Import of Gold / Gold Dore by Nominated Banks /Agencies/Entities - Clarifications
Attention of Authorised Persons is drawn to the Reserve Bank'sA.P. (DIR Series) Circular No. 25 dated August 14, 2013; andA.P. (DIR Series) Circular No. 73 dated November 11, 2013on the captioned subje...
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FEMA |
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Central Repository of Information on Large Credits (CRILC) – Revision in Reporting
Posted Date : 13-Feb-2014 , 08:58:25 pm | Posted By: CASANSAAR
RBI/2013-14/492DBS.No.OSMOS. 9862/33.01.018/2013-14
February 13, 2014
The Chairman / Chairman & Managing Director/Managing Director / Chief Executive Officerof Public Sector Banks, Private Sector Banks/Foreign Banks (Excluding RRBs and LABs)
Dear Sir,
Central Repository of Information on Large Credits (CRILC) – Revision in Reporting
1. Please refer toDBS.Dir.OSMOS.No.3327/33.01.001/2013-14 dated September 11, 2013along with a Directive of even date issued under Section 27(2) of BR...
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Category :
RBI |
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Term Repo under Liquidity Adjustment Facility- Operational Guideline
Posted Date : 13-Feb-2014 , 08:57:44 pm | Posted By: CASANSAAR
RBI/2013-14/491FMD.MOAG.No.98/01.01.009/2013-14
February 13, 2014
All Scheduled Commercial Banks (excluding RRBs)
Madam / Sir,
Term Repo under Liquidity Adjustment Facility- Operational Guidelines
Please refer to ourcircular FMD.MOAG. No. 92 /01.01.009/2013-14 dated October 29, 2013on the captioned subject. Taking into account the requests received from the market participants, it has been decided to revise the timings of the Term Repo auctions from 2.30-3.00 PM to 11.00 -11.30 AM.
2. All ...
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RBI |
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