RBI Circular - No fresh permission/ renewal of permission to LOs of foreign law firms- Supreme Court’s directions
Posted Date : 29-Oct-2015 , 05:20:02 pm | Posted By: Aarti Sharma
RBI/2015-16/215
A. P. (DIR Series) Circular No. 23
October 29, 2015
To,
All Category - I Authorised Dealer Banks
Madam / Sir,
No fresh permission/ renewal of permission to LOs of foreign law firms- Supreme Court’s directions
The Hon’ble Supreme Court vide its interim orders dated July 4, 2012 and September 14, 2015, passed in the case of the Bar Council of India vs A.K. Balaji & Ors., has directed RBI not to grant any permission to any foreign law firm, on or a...
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RBI Circular - Review of the Guidelines on Joint Lenders' Forum (JLF) and Corrective Action Plan (CAP)
Posted Date : 29-Oct-2015 , 05:19:04 pm | Posted By: Aarti Sharma
RBI/2015-16/214
DNBR.CC.PD.No. 070/03.10.01/2015-16
October 29, 2015
To
All Non-Banking Financial Companies (NBFCs)
Madam/ Sir,
Early Recognition of Financial Distress, Prompt Steps for Resolution and Fair Recovery for Lenders: Framework for Revitalising Distressed Assets in the Economy - Review of the Guidelines on Joint Lenders' Forum (JLF) and Corrective Action Plan (CAP)
The Framework for Revitalising Distressed Assets in the Economy was issued by the Reserve Bank onJa...
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RBI Circular - Amendment to Prevention of Money Laundering (Maintenance of Records) Rules, 2005
Posted Date : 29-Oct-2015 , 05:17:04 pm | Posted By: Aarti Sharma
RBI/2015-16/213
DBR. AML.BC. No. 46/14.01.001/2015-16
October 29, 2015
The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ all NBFCs/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (StCBs / CCBs) /All Payment System Providers/ System Participants and Prepaid Payment Instrument Issuers/ All authorised persons including those who are agents of Money Transfer Service Scheme
Dear S...
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MCA extends Last date for filing of Financial Statements and Annual Return to 30th Nov.
Posted Date : 29-Oct-2015 , 07:48:06 am | Posted By: CASANSAAR
General Circular No.14/2015
F.No. 01/34/2013-CL.V
Government of India
Ministry of Corporate Affairs
*************
5thFloor, A Wing, Shastri Bhawan
Dr. Rajendra Prasad Road, New Delhi
Dated 28thOctober, 2015
To
All Regional Directors,
All Registrar of Companies, All Stakeholders
Subject: Relaxation of additlonalfeesand extensionoflast data of filing of ADC-4, AOC-4 XBRL andMGT-7 E-FormsUnder the Companies Act, 2013 – reg.
Sir,
In continuation of this Min...
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Companies Act |
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 27-Oct-2015 , 04:17:40 pm | Posted By: Aarti Sharma
RBI/2015-16/212
Ref. No. IDMD/896/08.02.032/2015-16
October 26, 2015
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (re-issue) four dated securities for notified amount of Rs 15,000 crore as per the following details:
Sr No
Security
Notified ...
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RBI Circular - Gold Monetisation Scheme, 2015
Posted Date : 23-Oct-2015 , 10:50:08 am | Posted By: Aarti Sharma
RBI/2015-16/211
Master Direction No.DBR.IBD.No.45/23.67.003/2015-16
October 22, 2015
Gold Monetisation Scheme, 2015
In exercise of the powers conferred on the Reserve Bank of India (RBI) under Section 35 A of the Banking Regulation Act, 1949 and in pursuance of the Central Government notification issued vide Office Memorandum F.No.20/6/2015-FT dated September 15, 2015 regarding“Gold Monetization Scheme (GMS)”, the RBI being satisfied that it is in the public interest, so to...
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RBI Circular - Annual Return on Foreign Liabilities and Assets (FLA Return) – Reporting by Limited Liability Partnerships
Posted Date : 23-Oct-2015 , 10:49:11 am | Posted By: Aarti Sharma
RBI/2015-16/210
A. P. (DIR Series) Circular No. 22
October 21, 2015
To
All Authorised Dealer Category-I banks
Madam / Sir,
Annual Return on Foreign Liabilities and Assets (FLA Return) – Reporting by Limited Liability Partnerships
Attention of Authorised Dealers Category – I (AD Category - I) banks is invited toA.P (DIR Series) Circular No. 145 dated June 18, 2014prescribing the format for filing of FLA return by Indian companies.
2. In order to capture the stati...
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RBI Circular - Investments in Market Infrastructure Companies by State/Central Cooperative Banks
Posted Date : 23-Oct-2015 , 10:48:18 am | Posted By: Aarti Sharma
RBI/2015-16/209
DCBR.CO.RCBD.BC.No. 5/19.51.026/2015-16
October 21, 2015
The Chief Executive Officer
All State/Central Cooperative Banks
Madam/Dear Sir,
Investments in Market Infrastructure Companies
by State/Central Cooperative Banks
Please refer to ourcirculars RPCD CO RF BC 65/07.02.03/2003-04 dated February 23, 2004andRPCD CO RF BC 26/07.02.03/2005-06 dated August 04, 2005in terms of which guidelines were issued to State Cooperative Banks/Central Cooperative Banks (StCBs/CC...
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Annual Return on Foreign Liabilities and Assets (FLA Return) – Reporting by Limited Liability Partnerships
Posted Date : 22-Oct-2015 , 08:46:36 am | Posted By: CASANSAAR
RBI/2015-16/210
A. P. (DIR Series) Circular No. 22
October 21, 2015
To
All Authorised Dealer Category-I banks
Madam / Sir,
Annual Return on Foreign Liabilities and Assets (FLA Return) – Reporting by Limited Liability Partnerships
Attention of Authorised Dealers Category – I (AD Category - I) banks is invited toA.P (DIR Series) Circular No. 145 dated June 18, 2014prescribing the format for filing of FLA return by Indian companies.
2. In order to capture the stati...
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Investments in Market Infrastructure Companies by State/Central Cooperative Banks
Posted Date : 22-Oct-2015 , 08:31:49 am | Posted By: CASANSAAR
RBI/2015-16/209
DCBR.CO.RCBD.BC.No. 5/19.51.026/2015-16
October 21, 2015
The Chief Executive Officer
All State/Central Cooperative Banks
Madam/Dear Sir,
Investments in Market Infrastructure Companies
by State/Central Cooperative Banks
Please refer to ourcirculars RPCD CO RF BC 65/07.02.03/2003-04 dated February 23, 2004andRPCD CO RF BC 26/07.02.03/2005-06 dated August 04, 2005in terms of which guidelines were issued to State Cooperative Banks/Central Cooperative Banks (StCBs/CC...
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 20-Oct-2015 , 05:36:55 pm | Posted By: Aarti Sharma
RBI/2015-16/208
Ref. No. IDMD/844/08.02.032/2015-16
October 19, 2015
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (issue/re-issue) five dated securities for notified amount of Rs 15,000 crore as per the following details:
Sr No
Security
Not...
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No service tax will be levied on the service provided by an Indian Bank or other entity acting as an agent to the MTSO
Posted Date : 16-Oct-2015 , 07:42:46 am | Posted By: CASANSAAR
No service tax will be levied on the service provided by an Indian Bank or other entity acting as an agent to the Money Transfer Service Operators (MTSO) in relation to remittance of foreign currency from outside India to India from 1.7.12 to 13.10.14
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Notification No. 19/2015-Service Tax
New Delhi, the 14thOctober, 2015
22 Asvina 1937 Saka
G.S.R. (E).-Whereas, the Centr...
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Service Tax |
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Framing of scrutiny assessments in case of assesses engaged in the business of Mining
Posted Date : 16-Oct-2015 , 07:31:48 am | Posted By: CASANSAAR
CBDT asks AOs to compare tax returns of mining Cos with annual returns to ascertain suppressed stock....
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Income Tax |
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RBI Circular - Advance against Pledge of Gold ornaments/jewellery
Posted Date : 15-Oct-2015 , 05:38:10 pm | Posted By: Aarti Sharma
RBI/2015-16/207
DCBR.BPD. (PCB/RCB). Cir. No. 3/13.05.001/2015-16
October 15, 2015
The Chief Executive Officers
All Primary (Urban) Co-operative Banks/State/Central Cooperative Banks
(St CBs/ CCBs)
Dear Sir/Madam
Advance against Pledge of Gold ornaments/jewellery
Please refer to para 3 of thecirculars UBD.CO.BPD.PCB.Cir.No.60/13.05.001/2013-14 dated May 09, 2014andRPCD.RRB.RCB.B.C.No.8/03.05.33/2014-15 dated July 01, 2014wherein it was stipulated that in order to standardize th...
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RBI Circular - Financial Inclusion Fund (FIF) - Revised Guidelines
Posted Date : 15-Oct-2015 , 05:37:03 pm | Posted By: Aarti Sharma
RBI/2015-16/206
DCBR.RCBD.BPD.No.4/19.51.010/2015-16
October 15, 2015
The Chief Executive Officers
All Primary (Urban) Co-operative Banks/
State and Central Co-operative Banks
Madam/ Dear Sir,
Financial Inclusion Fund (FIF) - Revised Guidelines.
As you may be aware, the Financial Inclusion Fund (FIF) and Financial Inclusion Technology Fund (FITF) was constituted in the year 2007-08 for a period of five years with a corpus of Rs. 500 crore each to be contributed by Government of...
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RBI Circular - Reporting requirement under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS)
Posted Date : 15-Oct-2015 , 05:35:34 pm | Posted By: Aarti Sharma
RBI/2015-16/205
DPSS. CO. AD. No. 745/02.27.005/2015-16
October 15, 2015
To
All Payment System Providers, System Participants
and Prepaid Payment Instrument Issuers
Dear Madam/Sir,
Reporting requirement under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS)
Please refer to ourcircular DPSS. CO. AD. No. 1390 /02.27.005/2014-15 dated January 21, 2015on the captioned subject. In this regard, we enclose copies of the circulars issued by Department o...
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Due date for e-filing of returns for e-commerce dealers of Delhi further extended by one month
Posted Date : 15-Oct-2015 , 07:41:14 am | Posted By: CASANSAAR
In partial modification of Notification No.F.3(515)/Policy/VAT/2015/805-816 dated 29/09/2015, I, Vijay Kumar, Commissioner, Value Added Tax in exercise of the powers conferred under section 27 of the Delhi Value Added Tax Act,2004, do hereby extend the last date for filing of online returns for the 1 st and 2 nd quarters of the year 2015-16, in Forms'EC-1I and ECIII to 16/11/2015....
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Corporate Laws |
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Govt. allows deduction for treatment of disease on basis of certificate of private hospitals
Posted Date : 14-Oct-2015 , 07:44:48 am | Posted By: CASANSAAR
Government of India
Ministry of Finance
Department of Revenue
(Central Board of Direct Taxes)
(Income-tax)
NOTIFICATION NO. 78/2015
New Delhi, the 12thOctober, 2015
S.O. 2791(E). –In exercise of the powers conferred bysection 295, read withsection 80DDBof theIncome-tax Act, 1961 (43 of 1961),the Central Board of Direct Taxes hereby makes the following rules further to amend theIncome-tax Rules, 1962, namely:-
1. (1) These rules may be called the Income-tax (15...
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Income Tax |
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RBI CIRCULAR - Auction of Government of India Dated Securities
Posted Date : 13-Oct-2015 , 06:39:40 pm | Posted By: Aarti Sharma
RBI/2015-16/204
Ref. No. IDMD/727/08.02.032/2015-16
October 12, 2015
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (issue/re-issue) four dated securities for notified amount of Rs 15,000 crore as per the following details:
Sr No
Security
Not...
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RBI |
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RBI Circular - Memorandum of Procedure for channeling transactions through Asian Clearing Union (ACU)
Posted Date : 08-Oct-2015 , 05:37:15 pm | Posted By: Aarti Sharma
RBI/2015-16/203
A. P. (DIR Series) Circular No. 21
October 08, 2015
To
All Authorised Dealer Category-I banks
Madam / Sir,
Memorandum of Procedure for channeling transactions
through Asian Clearing Union (ACU)
Attention of Authorised Dealer Category-I banks is invited to the Memorandum containing detailed procedural instructions for channeling transactions through the Asian Clearing Union (ACU) (Memorandum ACM) issued on February 17, 2010 and the subsequent amendment to the s...
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RBI |
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RBI Circular - Risk Weights for Claims on Foreign Central Banks
Posted Date : 08-Oct-2015 , 05:36:05 pm | Posted By: Aarti Sharma
RBI/2015-16/202
DBR.BP.BC.No.43/21.06.001/2015-16
October 8, 2015
All Commercial Banks
(Excluding Local Area Banks and Regional Rural Banks)
Dear Sir,
Risk Weights for Claims on Foreign Central Banks
Please refer to paragraph 5.3 of theMaster Circular DBR.No.BP.BC.1/21.06.201/2015-16dated July 1, 2015on Basel III Capital Regulations prescribing risk weights for claims on Foreign Sovereigns.
2. The matter of risk weights in respect of claims on foreign central banks has been e...
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RBI |
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RBI Circular - Risk Management & Inter-Bank Dealings: Booking of Forward Contracts - Liberalisation
Posted Date : 08-Oct-2015 , 05:35:11 pm | Posted By: Aarti Sharma
RBI/2015-16/201
A. P. (DIR Series) Circular No. 20
October 8, 2015
To,
All Authorised Dealer Category - I banks
Madam / Sir,
Risk Management & Inter-Bank Dealings: Booking of Forward Contracts - Liberalisation
Attention of Authorised Dealers Category-I (AD Cat-I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notification No. FEMA/25/RB-2000 dated May 3, 2000) as amended from time to time and...
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RBI |
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RBI Circular - Individual Housing Loans: Rationalisation of Risk-Weights and LTV Ratios
Posted Date : 08-Oct-2015 , 05:33:42 pm | Posted By: Aarti Sharma
RBI/2015-16/200
DBR.BP.BC.No. 44/08.12.015/2015-16
October 8, 2015
All Scheduled Commercial Banks
Dear Sir,
Individual Housing Loans: Rationalisation of Risk-Weights and LTV Ratios
Please refer to paragraph 4 of thecircular DBOD.BP.BC.No.104/08.12.015/2012-13 dated June 21, 2013on ‘Housing Sector: New Sub-sector CRE (Residential Housing) within CRE & Rationalisation of Provisioning, Risk-weight and LTV Ratios’, wherein the LTV ratios and risk weights for individua...
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RBI |
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ITR filed for A.Y 2014-15 or in response to notices can also be validated through EVC
Posted Date : 08-Oct-2015 , 07:18:48 am | Posted By: CASANSAAR
ITR filed for A.Y 2014-15 or in response to notices can also be validated through EVC...
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Category :
Income Tax |
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RBI Circular - Investment by Foreign Portfolio Investors (FPI) in Government Securities
Posted Date : 06-Oct-2015 , 06:37:51 pm | Posted By: Aarti Sharma
RBI/2015-16/198
A.P. (DIR Series) Circular No 19
October 6, 2015
To,
All Authorised Persons
Madam/ Sir,
Investment by Foreign Portfolio Investors (FPI) in Government Securities
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified videNotification No. FEMA.20/2000- RB dated May 3, 2000, as amended from time to time....
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RBI |
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 06-Oct-2015 , 06:37:00 pm | Posted By: Aarti Sharma
RBI/2015-16/197
Ref.No. IDMD/670/08.02.032/2015-16
October 05, 2015
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (re-issue/new) four dated securities for notified amount of ₹15,000 crore as per the following details:
Sr No
Security
No...
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RBI |
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Service tax levy on services provided by a Goods Transport Agency -reg.
Posted Date : 05-Oct-2015 , 06:23:41 pm | Posted By: Aarti Sharma
Circular No.186/5/2015-ST
F. No. 354 / 98 /20015-TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
New Delhi, dated 5thOctober, 2015
To,
Principal Chief Commissioner / Chief Commissioner of Central Excise, Service Tax and Customs (All),
Director General of Service Tax
Director General of Audit
Director General of Central Excise IntelligencePrincipalPrincipalCommissioners of Service Tax (All)
Commi...
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Service Tax |
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RBI Circular - Non Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) – Directions – Modifications
Posted Date : 01-Oct-2015 , 05:09:51 pm | Posted By: Aarti Sharma
RBI/2015-16/196
DNBR.CC.PD.No. 069/03.10.01/ 2015-16
October 01, 2015
To
All NBFC-MFIs
Madam/ Sir
Non Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) – Directions – Modifications
In terms of extant instructions on pricing of credit by MFIs, the maximum variance between the minimum and maximum interest rate on loans cannot exceed 4 per cent.
2. The National Scheduled Castes Finance & Development Corporation (NSFDC) under the Ministry of Social ...
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RBI |
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RBI Circular - Regularisation of assets held abroad by a person resident in India under Foreign Exchange Management Act, 1999
Posted Date : 01-Oct-2015 , 05:08:23 pm | Posted By: Aarti Sharma
RBI/2015-16/195
A.P. (DIR Series) Circular No.18
September 30, 2015
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Regularisation of assets held abroad by a person resident in India under Foreign Exchange Management Act, 1999
The Government of India has enacted The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act) on May 26, 2015 to address the issue of undisclosed assets held abroad. It provides for separate taxati...
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RBI |
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Order Under Section 119 of the Income-tax Act, 1961 - Extension of due date for efiling of IT/TAR
Posted Date : 01-Oct-2015 , 02:32:58 pm | Posted By: CASANSAAR
In supersession of orders under Section 119 of the Income-tax Act, 1961 ('Act') dated 30th September, 20 15 vide file of even number, the Central Board of Direct Taxes, in exercise of powers conferred under Section 119 of the Act, hereby orders that the returns of income and audit reports u/s 44AB due for e-filing by 30th September, 20 15 may be filed, across the country, by 3 1 st October, 2015....
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Income Tax |
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