Login  |  Register  |  Forgot Password 
Notifications/Circulars Submit Notification
ITR Due date extended to 30.11.2014 for assessees In state of Jammu & Kashmir
Posted Date : 16-Sep-2014 , 04:08:28 pm | Posted By: CASANSAAR

F. No. 225/268/2014/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, the 16thSeptember, 2014 Order under Section 119 of the Income-tax Act, 1961 Considering the large scale devastation in the State of Jammu & Kashmir due to heavy rains and floods, the Central Board of Direct Taxes, in exercise of powers conferred undersection 119of theIncome-tax Act, 1961, hereby extends the `due-date' for...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 1

Exp. on building CSR capacity including related admin overheads can't exceed 5% of total CSR Exp.- MCA
Posted Date : 15-Sep-2014 , 08:15:32 pm | Posted By: CASANSAAR

Exp. on building CSR capacity including related admin overheads can't exceed 5% of total CSR Exp.- MCA. Rules dated 12th Sept 2014: Companies (Corporate Social Responsibility Policy) Amendment Rules,2014....

Continue Reading...

Category : Corporate Laws | Comments : 0 | Hits : 93

SEBI tweaks clause 49; simplifies definition of related party, exempts specified Cos from governance norms
Posted Date : 15-Sep-2014 , 08:05:45 pm | Posted By: CASANSAAR

This circular is in continuation to circular No. CIR/CFD/POLICY CELL/2/2014 datedApril 17, 2014 on amendments to Clauses 35B and 49 of the Equity ListingAgreement. In terms of the said circular, the revised Clause 49 would beapplicable to all listed companies with effect from October 01, 2014....

Continue Reading...

Category : SEBI | Comments : 0 | Hits : 178

Data on Import of Gold Statement - Submission under XBRL
Posted Date : 15-Sep-2014 , 08:01:28 pm | Posted By: CASANSAAR

RBI/2013-14/231A.P. (DIR Series) Circular No.30 September 15, 2014 To All Category - I Authorised Dealer Banks Madam / Sir, Data on Import of Gold Statement-Submission under XBRL Attention of Authorised Dealer Category - I (AD Category - I) banks is invited toA.P. (DIR Series) Circular No. 103 dated April 03, 2012in terms of which AD Category - I banks are required to submit a statement on import of Gold, to Reserve Bank of India, in theprescribed format, on a monthly as well as half yearl...

Continue Reading...

Category : FEMA | Comments : 0 | Hits : 25

Treatment of accounts opened for credit of Scholarship Amounts under Government Schemes
Posted Date : 11-Sep-2014 , 08:11:53 am | Posted By: CASANSAAR

RBI/2014-15/226RPCD.RRB.RCB.BC.No.32/03.05.33/2014-15 September 10, 2014 All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Treatment of accounts opened for credit of ScholarshipAmounts under Government Schemes Please refer to ourcirculars RPCD.CO.RRB.BC.No.41/03.05.33/2013-14 dated October 4, 2013andRPCD.RCB.BC.No.42/07.51.014/2013-14 dated October 7, 2013advising Regional Rural Banks and State / Central Cooperative Banks to allot a different “product cod...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 72

RRBs/StCBs/CCBs - KYC Norms / AML Standards / CFT / Obligation of banks under PMLA, 2002 – Client Due Diligence measures
Posted Date : 09-Sep-2014 , 08:05:33 pm | Posted By: CASANSAAR

RBI/2014-15/223RPCD.RRB.RCB.AML.BC.No.31/07.51.018/2014-15 September 9, 2014 Regional Rural Banks (RRBs) /State / Central Cooperative Banks (StCBs/CCBs) 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 – Client Due Diligence measures Please refer toparagraph 2of our Master Circular RPCD.RRB.RCB.AML.BC.No.02/ 07.51.018/2014-15 d...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 95

Guidelines on Wilful Defaulters – Clarification regarding Guarantor, Lender and Unit
Posted Date : 09-Sep-2014 , 08:03:15 pm | Posted By: CASANSAAR

RBI/2014-15/221DBOD.No.CID. 41/20.16.003/2014-15 September 9, 2014 All Scheduled Commercial Banks (excluding RRBs and LABs) andAll India Notified Financial Institutions (FIs) Dear Sir/ Madam Guidelines on Wilful Defaulters –Clarification regarding Guarantor, Lender and Unit Please refer to theMaster Circular on Wilful Defaulters DBOD.No.CID.BC.3/20.16.003/2014-15 dated July 1, 2014. 2. Paragraph 2.1 of the circular lists out various events when a “wilful default” would be...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 173

Upper age limit for Whole Time Directors on the Boards of Banks
Posted Date : 09-Sep-2014 , 08:02:06 pm | Posted By: CASANSAAR

RBI/2014-15/217DBOD. APPT.BC.No. 40 /29.39.001/2014-15 September 9, 2014 To The Managing Director & Chief Executive Officers of all Private Sector Banks Dear Sir / Madam, Upper age limit for Whole Time Directors on the Boards of Banks The matter relating to fixing an upper age limit for the post of Managing Director & Chief Executive Officers (MD & CEO) and other Whole Time Directors (WTDs) of banks in private sector in India has been examined in the light of the provisions of ...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 115

Reversal of Input Tax Credit under Section 10 of the DVAT Act, 2004 in respect of Credit Note/Debit Note related to discounts.
Posted Date : 08-Sep-2014 , 10:10:54 pm | Posted By: CASANSAAR

CIRCULAR NO. 11 of 2014-15 Sub: Reversal of Input Tax Credit under Section 10 of the DVAT Act, 2004 in respect of Credit Note/Debit Note related to discounts. 1. UnderSection 10(1)of theDVAT Act, 2004, where any purchaser has been issued with a credit note or debit note in terms ofsection 51of thisActor if he returns or rejects goods purchased, as a consequence of which the tax credit claimed by him in any tax period in respect of which the purchase of goods relates, becomes short or excess, h...

Continue Reading...

Category : VAT | Comments : 0 | Hits : 257

Risk Management and Inter Bank Dealings: Hedging Facilities for Foreign Portfolio Investors (FPIs)
Posted Date : 08-Sep-2014 , 10:07:53 pm | Posted By: CASANSAAR

RBI/2014-15/216A.P. (DIR Series) Circular No.28 September 8, 2014 ToAll Category - I Authorised Dealer Banks Madam / Sir, Risk Management and Inter Bank Dealings: Hedging Facilities for Foreign Portfolio Investors (FPIs) Attention of Authorised Dealers Category-I (AD Category-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 andA....

Continue Reading...

Category : FEMA | Comments : 0 | Hits : 118

Basel III Liquidity Returns
Posted Date : 05-Sep-2014 , 09:04:43 pm | Posted By: CASANSAAR

RBI/2014-15/213DBS.No.OSMOS.2915/33.01.001/2014-15 September 5, 2014 The Chairman / Chairman & Managing Director/Managing Director / Chief Executive Officerof Public Sector Banks, Private Sector Banks /Foreign Banks (excluding RRBs) Dear Sir/Madam Basel III Liquidity Returns Please refer to the ‘Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards’ dated June 9, 2014 (Circular ...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 183

MCA tweaks norms on appointment of Auditor by CAG
Posted Date : 05-Sep-2014 , 06:53:00 pm | Posted By: CASANSAAR

COMPANIES ACT, 2013 : Companies (Removal of Difficulties) Seventh Order, 2014 – Amendment in Section 143 of The Companies Act, 2013. S.O. Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referredto as the said Act) received the assent of the President on the 29th August,2013 and section 143 of the Act, which provides for the powers and duties ofthe auditors and auditing standards, came into force with effect from 1st April,20r4; And whereas sub-sections (5) and (7) of sectio...

Continue Reading...

Category : Corporate Laws | Comments : 0 | Hits : 501

Grant of ‘Certificate of Registration’ – CRIF High Mark Credit Information Services Private Limited
Posted Date : 04-Sep-2014 , 10:05:34 pm | Posted By: CASANSAAR

RBI/2014-15/211RPCD.CO.RRB.RCB.BC.No. 27/03.05.33/2014-15 September 4, 2014 Regional Rural Banks / State and Central Co-operative Banks Dear Sir / Madam, Grant of ‘Certificate of Registration’ –CRIF High Mark Credit Information Services Private Limited Please refer to ourcirculars RPCD.CO.RRB.BC.No.36/03.05.33/2010-11 dated December 8, 2010andRPCD.CO.RCB.BC.No.33/07.40.06/2010-11 dated December 7, 2010regarding grant of ‘Certificate of Registration’ to High Mar...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 109

Simplification of KYC Norms - Creating Public Awareness
Posted Date : 04-Sep-2014 , 10:04:49 pm | Posted By: CASANSAAR

RBI/2014-15/209DBOD. AML. No. 3356/14.01.001/2014-15 September 4, 2014 The Chairperson / Chief Executive OfficersAll Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks /All India Financial Institutions Dear Madam/Sir, Simplification of KYC Norms - Creating Public Awareness The Reserve Bank of India, in the recent times, has been taking several measures to simplify KYC requirements to help the common man open bank accounts. It is, however, observed that despite such measures the g...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 157

Income Tax Scrutiny Criteria for Financial Year 2014 - 15
Posted Date : 04-Sep-2014 , 04:04:10 pm | Posted By: CASANSAAR

Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, North-Block, IT (A-II) Division, New Delhi Compulsory manual selection of cases for scrutiny during the Financial Year 2014-15. Instruction No. 6/2014 Dated- 2nd of September, 2014 Subject: Compulsory manual selection of cases for scrutiny during the Financial Year 2014-15-regd:- In supersession of earlier Instructions on the above subject, the Board hereby lays down the following procedure and criteria ...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 393

AO must seek Committee's approval to tax indirect transfer cases for income arising before 1-4-2012
Posted Date : 03-Sep-2014 , 09:45:12 pm | Posted By: CASANSAAR

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, the 2nd September, 2014 The Finance Minister in his budget speech on 10th July, 2014 had made an announcementthat all fresh cases arising out of the retrospective amendments of 2012 in respect of indirecttransfer and coming to the notice of Assessing officer will be scrutinized by a High LevelCommittee to be constituted by Central Board of Direct Taxes (CBDT) before any ac...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 136

External Commercial Borrowings (ECB) in Indian Rupees
Posted Date : 03-Sep-2014 , 09:34:46 pm | Posted By: CASANSAAR

RBI/2014-15/206A.P. (DIR Series) Circular No.25 September 3, 2014 ToAll Category - I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) in Indian Rupees Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to Regulation 6 ofNotification No. FEMA.3/2000-RB dated May 03, 2000in terms of which persons resident in India may raise foreign currency loans from non-residents in accordance with the provisions contained in this Notification...

Continue Reading...

Category : FEMA | Comments : 0 | Hits : 153

Guidelines for transfer of Assets and Liabilities of Urban Cooperative Banks to Commercial Banks- Modification
Posted Date : 03-Sep-2014 , 09:33:41 pm | Posted By: CASANSAAR

RBI/2014-15/206UBD. CO. BPD. PCB. Cir. No. 12 /09.19.900/2014-15 September 3, 2014 The Chief Executive OfficerAll Primary (Urban) Cooperative Banks Madam/ Dear Sir, Guidelines for transfer of Assets and Liabilities of Urban Cooperative Banks to Commercial Banks- Modification Please refer to ourcircular UBD.BPD.(PCB).Cir.No.47/09.16.900/2009-10 dated February 24, 2010on guidelines for transfer of Assets and Liabilities of Urban Co-operative Banks (UCBs) to Commercial Banks. 2. With a view t...

Continue Reading...

Category : FEMA | Comments : 0 | Hits : 95

Three divisions of Foreign Exchange Department shifted to FED CO Cell at New Delhi
Posted Date : 03-Sep-2014 , 07:37:01 am | Posted By: CASANSAAR

RBI/2014-15/204 A.P. (DIR Series) Circular No.23 September 2, 2014 To All Category - I Authorised Dealer Banks Madam / Sir, Three divisions of Foreign Exchange Department shifted to FED CO Cell at New Delhi Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to the Press Release dated June 17, 2014 which mentions the shifting of three divisions of Foreign Investment Division (FID) viz. Liaison/Branch/Project Office (LO/BO/PO) Division, Non Resident Forei...

Continue Reading...

Category : FEMA | Comments : 0 | Hits : 117

Inoperative Accounts
Posted Date : 01-Sep-2014 , 09:12:33 pm | Posted By: CASANSAAR

RBI /2014-15/200DBOD.No. Leg. BC. 36/09.07.005/2014-15 September 1, 2014 All Scheduled Commercial Banks(excluding RRBs) Dear Sir/Madam, Inoperative Accounts Please refer to paragraph 2(iv) of ourCircular DBOD.No.Leg.BC.34/09.07.005/2008-09 dated August 22, 2008on Unclaimed Deposits/Inoperative Accounts in Banks in terms of which a savings as well as current account should be treated as inoperative/dormant if there are no transactions in the account for over a period of two years. Further, i...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 240

Notifications/Circulars By Categories

More Categories

Hall of Fame for Notifications

Name Pic Notification Rank
Vinay Sharma 486 1
 
CA. SURESH Kr. AGARWAL 74 4
 
Akanksha Handa 70 17
 
CA. KRISHAN KUMAR SAINI 40 15
 
Ashish Karundia 10 8
 

Search Notifications/Circulars

 
 
 
www.casansaar.com
...keeps you updated
Home News Articles Forums Members Community Jobs Empanelment Files Matrimonials Students Queries Classifieds Events About us  Top Members Coaching Centres TestimonialsJudiciaryNotifications/CircularsBookseDirectoryWebsiteEmailseDirectory |   Score Board |   Press Release   |   Blood Bank   |   Opinion Poll   |   Feedback |   Advertise us |   Terms & Conditions |   Contact us
Follow Us :

CASANSAAR Updates

↑ Grab this Headline Animator

Developed By: CASANSAAR Copyright@casansaar