Master Circular – Policy Guidelines on Issuance and Operation of Pre-paid Payment Instruments in India
Posted Date : 15-Jul-2016 , 07:55:34 am | Posted By: CASANSAAR
RBI/2016-2017/16
DPSS.CO.PD.PPI.No.01/02.14.006/2016-17
July 01, 2016
All Prepaid Payment Instrument Issuers, System Providers, System Participants
and all other Prospective Prepaid Payment Instrument Issuers
Madam / Dear Sir,
Master Circular – Policy Guidelines on Issuance and Operation of Pre-paid Payment Instruments in India
As you are aware, the Reserve Bank of India has, from time to time, issued a number of circulars containing policy guidelines on Issuance and Opera...
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RBI |
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Facility for Exchange of Soiled/ Mutilated/ Imperfect Notes
Posted Date : 15-Jul-2016 , 07:53:55 am | Posted By: CASANSAAR
RBI/2016-17/15
DCM (NE) No.120/08.07.18/2016-17
July 14, 2016
Chairman and Managing Director/
Managing Director / Chief Executive Officer
All Banks
Dear Sir / Madam,
Facility for Exchange of Soiled/ Mutilated/ Imperfect Notes
Please refer toReserve Bank of India (Note Refund) Rules, 2009(NRR, 2009) andMaster Circular DCM (NE) No.G-2/08.07.18/2015-16 dated July 1, 2015on the captioned subject.
2. The facility of exchanging mutilated/ imperfect notes is available under Note Re...
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RBI |
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Investments in Non-SLR instruments by State / Central Co-operative Banks
Posted Date : 15-Jul-2016 , 07:53:12 am | Posted By: CASANSAAR
RBI/2016-17/14
DCBR.BPD.BC.No. 01/19.51.026/2016-17
Ashadha 23, 1938
July 14, 2016
All State / Central Co-operative Banks
Dear Sir / Madam,
Investments in Non-SLR instruments by State / Central Co-operative Banks
Please refer to ourcirculars RPCD.CO.RF.BC.26/07.02.03/2005-06 dated August 4, 2005andDCBR.CO.RCBD.BC.No.5/19.51.026/2015-16 dated October 21, 2015on the captioned subject.
2. With a view to providing greater flexibility to State and Central Co-operative Banks (StCBs...
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RBI |
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Ensuring 100% data entry of IDS Form 1 received in paper format by PCIT/CI
Posted Date : 12-Jul-2016 , 07:46:59 am | Posted By: CASANSAAR
DIRECTORATE OF INCOME TAX (SYSTEMS)
ARA Center, Ground Floor, E-2, Jhandewalan Extension,
New Delhi – 110055
F.No. 1/20/CIT(OSD)/efiling/Electronic Verification/2013-14
Dated: 11/07/2016
To
The Principal Chief Commissioners of Income-tax/ CCsIT (By Name)
The Principal Commissioner of Income-tax/CsIT/CsIT(CO) (By Name)
Sir/Madam
Subject: Ensuring 100% data entry of IDS Form 1 received in paper format by PCIT/CIT- reg.
I have been directed to request that all PCIT/CIT...
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CBDT |
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Issue of notices under section 143(2) of Income-tax Act, 1961 in revised format
Posted Date : 11-Jul-2016 , 10:19:04 pm | Posted By: CASANSAAR
F.No. 225/162/2016/ITA.II
Government of India
Ministry of Finance
Department of Revenue (CBDT)
F.No. 225/162/2016/ITA.II
North Block, New Delhi, Dated the11th of July, 2016
To
All Pr. CCsIT/Pr. CCIT(International-tax)/CCIT(Exemptions)/Pr. DsGIT
Subject: – Issue of notices under section 143(2) of Income-tax Act, 1961 in revisedformat-regd.
With reference to the above, I am directed to state that Central Board of Direct Taxes, with approval of the Revenue Secretary, has de...
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Income Tax |
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Scope of word 'site' appearing in Notification No. 12/2012-Central Excise, dated 17.03.2012
Posted Date : 11-Jul-2016 , 11:42:15 am | Posted By: Era Shoor
Scope of word 'site' appearing in Notification No. 12/2012-Central Excise, dated 17.03.2012.
...
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Excise |
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Revision of interest rates for Small Savings Schemes
Posted Date : 09-Jul-2016 , 11:41:47 am | Posted By: CASANSAAR
Please refer to ourcircular RBI/2014-15/536 dated April 1, 2015on the above subject. The Government of India, have vide their Office Memorandum (OM) No.F.No. 1/04/2016 –NS.II dated March 18, 2016, advised the revised rate of interest on various small savings schemes for the first quarter of the financial year 2016-17 (copy enclosed).
2. The contents of this circular may be brought to the notice of the branches of your bank operating Government small saving schemes for necessary action. ...
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RBI |
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Master Direction - Other Remittance Facilities
Posted Date : 09-Jul-2016 , 11:16:15 am | Posted By: CASANSAAR
All Primary (Urban) Co-operative Banks (UCBs),
State / District Central Co-operative Banks (StCBs / DCCBs)
Dear Sir / Madam
Long Term (Subordinated) Deposits (LTDs) – Review of guidelines
Please refer to ourcirculars UBD.PCB.Cir.No.4/09.18.201/08-09 dated July 15, 2008andRPCD.RCB.BC.73/07.51.012/2013-14 dated January 7, 2014prescribing guidelines for issue of Long Term (Subordinated) Deposits by UCBs and StCBs/DCCBs respectively.
2. On a review, it has been decided to provide ...
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RBI |
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CENTRAL BOARD OF ECISE AND CUSTOMS
Posted Date : 09-Jul-2016 , 11:01:34 am | Posted By: CASANSAAR
S.O. (E). - In exercise of the powers conferred by clause (ii) of sub-section (2) of section 61 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue), number 18/2003-Customs, dated 1st march 2003, published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section(i),vide number...
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RBI |
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Discontinuation of Reporting of Bank Guarantee on behalf of service importers
Posted Date : 09-Jul-2016 , 10:56:30 am | Posted By: CASANSAAR
Dear Sir
Revision of interest rates for Small Savings Schemes
Please refer to ourcircular RBI/2014-15/536 dated April 1, 2015on the above subject. The Government of India, have vide their Office Memorandum (OM) No.F.No. 1/04/2016 –NS.II dated March 18, 2016, advised the revised rate of interest on various small savings schemes for the first quarter of the financial year 2016-17 (copy enclosed).
2. The contents of this circular may be brought to the notice of the branches of your b...
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RBI |
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CENTRAL BOARD OF ECISE AND CUSTOMS
Posted Date : 09-Jul-2016 , 10:53:08 am | Posted By: CASANSAAR
Customs (N.T.) S.O. (E). - In exercise of the powers conferred by clause (a) of sub-section (1) of the section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 62/1994 –Customs (N.T), dated the 21st November, 1994, published in the Gazette of India, vide number S.O. 829 (E), dated the 21st November, 1994, name...
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RBI |
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Deendayal Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM)
Posted Date : 09-Jul-2016 , 10:44:05 am | Posted By: CASANSAAR
Dear Sir/Madam,
Master Circular: Deendayal Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM)
Reserve Bank of India has periodically issued instructions/directives to banks with regard to operationalisation of the Government of India’s National Urban Livelihoods Mission (NULM) Scheme now renamed as “Deendayal Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM)”. To enable banks to have current instructions at one place, thisMaster Circularis being...
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RBI |
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Operationalisation of Central KYC Registry (CKYCR) and KYC norms for Foreign Portfolio Investors (FPIs)
Posted Date : 08-Jul-2016 , 10:35:32 pm | Posted By: CASANSAAR
RBI/2016-2017/11
DBR.AML.BC.No.1/14.01.001/2016-17
July 8, 2016
All Regulated Entities (REs)
Dear Sir/Madam,
Amendment to Master Direction on KYC – Operationalisation of Central KYC Registry (CKYCR) and KYC norms for Foreign Portfolio Investors (FPIs)
In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, the Reserve Bank of India hereby directs that the Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016Master Direction No....
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RBI |
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Discontinuation of Reporting of Bank Guarantee on behalf of service importers
Posted Date : 08-Jul-2016 , 10:33:42 pm | Posted By: CASANSAAR
RBI/2016-17/8
A.P. (DIR Series) Circular No. 1
July 07, 2016
To
All Category - I Authorised Dealer Banks
Madam/Sir,
Discontinuation of Reporting of Bank Guarantee on behalf of service importers
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to para no. 5 of theMaster Direction No.8 dated January 01, 2016on ‘Other Remittance Facilities’ in terms of which, AD Category-I banks were permitted to issue guarantees in favour of a non-resident s...
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FEMA |
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Long Term (Subordinated) Deposits (LTDs) – Review of guidelines
Posted Date : 08-Jul-2016 , 10:31:43 pm | Posted By: CASANSAAR
RBI/2016-17/7
DCBR.BPD.Cir No. 21/09.18.201/2016-17
Ashadha 16, 1938
July 7, 2016
All Primary (Urban) Co-operative Banks (UCBs),
State / District Central Co-operative Banks (StCBs / DCCBs)
Dear Sir / Madam
Long Term (Subordinated) Deposits (LTDs) – Review of guidelines
Please refer to ourcirculars UBD.PCB.Cir.No.4/09.18.201/08-09 dated July 15, 2008andRPCD.RCB.BC.73/07.51.012/2013-14 dated January 7, 2014prescribing guidelines for issue of Long Term (Subordinated) Deposit...
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RBI |
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Revision of interest rates for Small Savings Schemes
Posted Date : 08-Jul-2016 , 10:31:00 pm | Posted By: CASANSAAR
RBI/2016-17/6
DGBA. GAD.13/15.02.005/2016-17
July 7, 2016
The Chairman/Chief Executive Officer
Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014,
Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004
Dear Sir
Revision of interest rates for Small Savings Schemes
Please refer to ourcircular DGBA.GAD.3175/15.02.005/2015-16 dated April 7, 2016on the above subject. The Government of India, have vide their Office Memorandum (OM) No.F.No. 1/04/2016 –NS...
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RBI |
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Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Posted Date : 08-Jul-2016 , 10:30:22 pm | Posted By: CASANSAAR
RBI/2016-17/05
FIDD.CO.GSSD.BC.No.03/09.09.01/2016-17
July 01, 2016
The Chairman / Managing Director
All Scheduled Commercial Banks
Dear Sir,
Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Please refer to theMaster Circular FIDD.CO.GSSD.BC.No 06/09.09.01/2015-16 dated July 01, 2015consolidating guidelines / Instructions / directions issued to banks ...
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RBI |
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Master Circular- Credit Facilities to Minority Communities
Posted Date : 08-Jul-2016 , 10:29:48 pm | Posted By: CASANSAAR
RBI/2016-17/04
FIDD.GSSD.BC.No.01/09.10.01/2016-17
July 1, 2016
The Chairman/ Managing Director
All Scheduled Commercial Banks
Dear Sir,
Master Circular- Credit Facilities to Minority Communities
Please refer to ourMaster Circular FIDD.GSSD.BC.No.05/09.10.01/2015-16 dated July 01, 2015, consolidating the instructions / guidelines / directives issued to banks till that date relating to Credit Facilities to Minority Communities. TheMaster Circularhas been suitably updated by incor...
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RBI |
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Master Circular on SHG-Bank Linkage Programme
Posted Date : 08-Jul-2016 , 10:28:34 pm | Posted By: CASANSAAR
RBI/2016-17/3
FIDD.FID.BC.No.06/12.01.033/2016-17
July 01, 2016
The Chairman/ Managing Director/
Chief Executive Officer
All Scheduled Commercial Banks
Dear Sir
Master Circular on SHG-Bank Linkage Programme
The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable the banks to have instructions at one place, aMaster Circularincorporating the existing guidelines/instructions on the subj...
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RBI |
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Master Circular - Lead Bank Scheme
Posted Date : 08-Jul-2016 , 10:27:18 pm | Posted By: CASANSAAR
RBI/2016-17/02
FIDD.CO.LBS.BC.No.5/02.01.001/2016-17
July 1, 2016
The Chairmen and Managing Directors
SLBC Convenor Banks/Lead Banks
Dear Sir/Madam
MASTER CIRCULAR – Lead Bank Scheme
The Reserve Bank of India has issued guidelines on Lead Bank Scheme from time to time. This Master Circular consolidates the relevant guidelines issued by Reserve Bank of India on Lead Bank Scheme up to June 30, 2016 as listed in theAppendix.
2. ThisMaster Circularhas been placed on the RBI...
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RBI |
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Custom Circular - Sale of goods at Duty Free Shops in Indian Currency
Posted Date : 08-Jul-2016 , 10:23:36 pm | Posted By: CASANSAAR
Please refer to Circular No. 495 / 7 / 2005 – Cus VI dated 28th September 2005 regarding the ceiling in payments in Indian currency of Rs. 5000/- for purchases by passengers at duty free shops at International Airports.
2. RBI has vide Notification no. FEMA 6 (R) / RB – 2015 dated 29th December 2015 permitted export from and import into India of Indian currency up to an amount not exceeding Rs 25,000/- (Rupees twenty five thousand) per person. Any person resident in India is permi...
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Custom |
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MCA Issues Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016
Posted Date : 05-Jul-2016 , 08:14:21 am | Posted By: CASANSAAR
n exercise of the powers confened by sub-sections (1) and (2) of section 469 of the companies Act,2013 (18 of 2013), the central Government hereby makes the following rules further to amend the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, namely:-
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Category :
Companies Act |
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MCA Issues Companies (Acceptance of Deposits) Amendment Rules, 2016
Posted Date : 05-Jul-2016 , 08:12:45 am | Posted By: CASANSAAR
In exercise of the powers conferrecl by sections 73 and Z6 reacl with sub_ section (1) of section 469 of the Companies Act, 2013 (18 of 2013), the Centual Government hereby makes the following rules further to amend the Companies (Acceptance of Deposits) Rules, 2014, namely:_ (1) These rules may be called the Companies (Acceptance of Deposits) Amendment Rules, 2016....
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Companies Act |
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MCA Issues Companies (Removal of Difficulties) Third Order, 2016
Posted Date : 05-Jul-2016 , 08:10:06 am | Posted By: CASANSAAR
Whereas, the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President on 29th August, 2013 and section 1 thereof came into force on the same date; And, whereas, the provisions contained in section 139, which provides for appointment of auditors has come into force on the 1st April, 2014;
...
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Companies Act |
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Recovery of confirmed demands during stay application pendency
Posted Date : 04-Jul-2016 , 10:00:29 pm | Posted By: CASANSAAR
F. No. 208/36/2012-CX.6
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
New Delhi. dated the 4th July. 2016
To,
The Principal Chief Commissioners/ Chief Commissioners of Central Excise (All)
The Principal Chief Commissioners/ Chief Commissioners of Central Excise and Service Tax (All)
The Principal Chief Commissioners/ Chief Commissioners of Service Tax (All)
The Principal Chief Commissioners/ Chief Commissione...
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Category :
Excise |
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Pre-2005 series of Banknotes - Revision of exchange facility
Posted Date : 01-Jul-2016 , 08:38:30 am | Posted By: CASANSAAR
RBI/2015-16/443
DCM (Plg) No.G-12/4297/10.27.00/2015-16
June 30, 2016
The Chairman / Managing Director / Chief Executive Officer
All Scheduled Commercial Banks
Primary (Urban) Co-operative Banks / RRBs /State Co-operative Banks /
District Central Co-operative Banks
Madam / Dear Sir,
Pre-2005 series of Banknotes - Revision of exchange facility
Please refer to ourcircular DCM (Plg) No.G-8/2331/10.27.00/2015-16 dated December 23, 2015,DCM (Plg) No.G-9/2856/10.27.00/2015-16 dated ...
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RBI |
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Performance Audit of Crop Insurance Schemes
Posted Date : 01-Jul-2016 , 08:37:55 am | Posted By: CASANSAAR
RBI/2015-16/442
FIDD.No.FSD.BC.28/05.10.007/2015-16
June 30, 2016
The Chairman/Managing Director/Chief Executive Officer
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Madam / Sir,
Performance Audit of Crop Insurance Schemes
The Comptroller and Auditor General is conducting a performance audit of agricultural crop insurance schemes to examine the efficacy of crop insurance in providing succour to farmers who suffer damage to their crops. This audit is proposed ...
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RBI |
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Settlement System under Asian Clearing Union (ACU)
Posted Date : 01-Jul-2016 , 08:37:05 am | Posted By: CASANSAAR
RBI/2015-16/441
A.P. (DIR Series) Circular No. 81
June 30, 2016
To
All Authorised Dealer Category-I Banks
Madam / Sir,
Settlement System under Asian Clearing Union (ACU)
Attention of Authorised Dealer Category-I Banks is invited to theA.P. (DIR Series) Circular No. 43 dated December 26, 2008, giving participants in ACU mechanism the option to settle their transactions either in ‘ACU Dollar’ or in ‘ACU Euro’. The 'ACU Dollar' and 'ACU Euro...
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Category :
FEMA |
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External Commercial Borrowings (ECB) – Approval Route cases
Posted Date : 01-Jul-2016 , 08:36:32 am | Posted By: CASANSAAR
RBI/2015-16/440
A.P. (DIR Series) Circular No. 80
June 30, 2016
To
All Authorised Dealer Category-I Banks
Madam / Sir
External Commercial Borrowings (ECB) – Approval Route cases
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph no. D.15 of Annex toA.P. (DIR Series) Circular No.32 dated November 30, 2015and paragraph no. 2.11 ofMaster Direction No.5 dated January 1, 2016on External Commercial Borrowings, Trade Credit, Borrowing and Lend...
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FEMA |
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Issue of authorization for opening Controlling Offices (Regional/Zonal/Administrative Offices) u/s 23 of the Banking Regulation Act, 1949 (AACS)
Posted Date : 01-Jul-2016 , 08:35:41 am | Posted By: CASANSAAR
RBI/2015-16/438
DCBR.CO.LS (PCB) Cir.No.19/07.01.000/2015-16
June 30, 2016
Chief Executive Officers of all
Primary (Urban) Co-operative Banks
Dear Sir / Madam,
Issue of authorization for opening Controlling Offices (Regional/Zonal/Administrative Offices) u/s 23 of the Banking Regulation Act, 1949 (AACS)
As you are aware, licence under section 23 of the BR Act, 1949 (AACS) is required for opening Controlling Offices (Regional/Zonal/Administrative Office) in terms of instructions ...
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RBI |
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