RBI Circular - Guidelines for Grant of Authorisation for Additional Branches of FFMC/AD Cat. II
Posted Date : 10-Sep-2015 , 06:37:20 pm | Posted By: Aarti Sharma
RBI/2015-16/174
A.P. (DIR Series) Circular No.12
September 10, 2015
To
All Authorised Persons
Madam/Sir,
Guidelines for Grant of Authorisation for Additional Branches of FFMC/AD Cat. II
Attention of FFMC/AD Cat. II licence holders is invited to paragraph (B) of Annex- I toA.P. (DIR Series) Circular No. 57 dated March 9, 2009on Memorandum of Instructions governing money changing activities, wherein guidelines for grant of authorization for additional branches had been given.
...
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RBI Circular - Exchange Earners’ Foreign Currency (EEFC) Account-Discontinuation of Statement pertaining to trade related loans and advances
Posted Date : 10-Sep-2015 , 06:36:09 pm | Posted By: Aarti Sharma
RBI/2015-16/173
A.P. (DIR Series) Circular No.11
September 10, 2015
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Exchange Earners’ Foreign Currency (EEFC) Account-
Discontinuation of Statement pertaining to trade related loans and advances
Attention of Authorized Dealers Category –I (AD Category –I) banks is invited toA.P. (DIR Series) Circular No.78 dated February 14, 2003in terms of which transactions relating to loans/ advances from EEFC accou...
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RBI Circular - Procedure for payment of commission by banks to authorised agents on sale of Kisan Vikas Patra
Posted Date : 10-Sep-2015 , 06:34:57 pm | Posted By: Aarti Sharma
RBI/2015-16/172
DGBA.GAD.No.990 /15.02.003/2015-16
September 10, 2015
The Chairman/Chief Executive Officer
Agency Banks Handling the Scheme of Kisan Vikas Patra, 2014
Dear Sir
Procedure for payment of commission by banks to authorised agents on sale of Kisan Vikas Patra
Department of Economic Affairs, Ministry of Finance, Government of India has advised, vide Office Memorandum F.No.2/4/2014-N...
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Companies (Accounts) Second Amendment Rules, 2015
Posted Date : 09-Sep-2015 , 08:23:17 am | Posted By: CASANSAAR
G.S.R...(E). in exercise the power conferred under sub section (1) and (3) of section 128, sub section (3) of section 129, section 133, section 134, subsection (4) of section 135, sub section (1) of section 136, section 137 and section 138 read with section 469 of the companies act 2013 the central govt hereby makes the following rules further to amend the companies (Accounts) Rules 2014, Namely:-...
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Companies Act |
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MCA Notification regarding sub-section (6) of section 129 of the Companies Act, 2013 (18 of 2013)
Posted Date : 09-Sep-2015 , 08:11:35 am | Posted By: CASANSAAR
S.O.----(E). - In exercise of the powers conlerred by the sub-section (6) of section 129 of the Companies Act, 2013 (18 of 2013), the Central Government hereby, in public interest, directs that paras 5 (ii) (a) (t), s (il) (a) (2),5(ii) (e),5 (iii),5 (viii) (a),5 (viii) (b), 5 (viii) (c) and 5 (viii) (e) relating to Additional lnformation of the General lnstructions for preparation of Statement of Profit and Loss in Schedule III of the Companics Act, 2013 shall not apply to government comPanies ...
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Companies Act |
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MCA Notification regarding sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013)
Posted Date : 09-Sep-2015 , 08:10:32 am | Posted By: CASANSAAR
GSR .- (E) In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further alterations in Schedule III (hereinafter referred to as said Schedule) to the said Act, namely:-...
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Companies Act |
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 08-Sep-2015 , 06:31:36 pm | Posted By: Aarti Sharma
RBI/2015-16/170
Ref. No. IDMD/475/08.02.032/2015-16
September 7, 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 14,000 crore as per the following details:
Sr No
Security
Notified...
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CBDT changes procedures and standards for reporting of financial transactions under FATCA
Posted Date : 08-Sep-2015 , 07:56:30 am | Posted By: CASANSAAR
F. No. DGIT(S)/DIT(S)-2/ITWG on Financial Sector Reporting/12/2015
Government of India
Ministry of Finance
Central Board of Direct Taxes
Directorate of Income Tax (Systems)
Notification No 4/2015
New Delhi, 4th September, 2015
As perSub rule (9)(a) of Rule 114Gof theIncome Tax Rules, 1962(hereunder referred as the Rules), the statement referred to insub-rule (7) of Rule 114Gshall be furnished through online transmission of electronic data to a server designated for this purp...
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CBDT |
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RBI Circular - Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR
Posted Date : 04-Sep-2015 , 06:13:37 pm | Posted By: Aarti Sharma
RBI/2015-16/169
A.P. (DIR Series) Circular No.10
September 03, 2015
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Deferred Payment Protocols dated April 30, 1981 and December 23, 1985
between Government of India and erstwhile USSR
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited toA.P. (DIR Series) Circular No. 105 dated May 28, 2015wherein the Rupee value of the Special Currency Basket was indicated as Rs. 77.6331180 effective from May 06...
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MCA further extends due date of filing cost audit report upto Sept 30, 2015
Posted Date : 03-Sep-2015 , 07:56:52 am | Posted By: CASANSAAR
ln continuation to General Circular No.08/2015 dated 12.06.2015. the last date of filing of Form CRA-4 wihoul any penalty/late fee is hereby extended upto 30'h Septcmber, 2015....
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Corporate Laws |
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RBI Circular - Changes in RTGS time window
Posted Date : 01-Sep-2015 , 05:16:19 pm | Posted By: Aarti Sharma
RBI/2015-16/168
DPSS (CO) RTGS No.492/04.04.002/2015-16
September 1, 2015
The Chairman / Managing Director / Chief Executive
Officer of participants of RTGS
Madam / Sir,
Changes in RTGS time window
A reference is invited to the Reserve Bank of Indiapress release number 2015-2016/528 dated August 28, 2015on “Bank Holiday on Second & Fourth Saturdays from September 1; RBI to offer its Support Services to Banks on Working Saturdays”.
2. Accordingly, RTGS will not...
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Companies (Management and Administration) Amendment Rules, 2015
Posted Date : 01-Sep-2015 , 08:00:59 am | Posted By: CASANSAAR
-In exercise of the powers conferred under sub-section (1) of section 88, sub-section (4) of section 88, sub-section (1) of section 89, sub-section (2) of sedion 89, subsection (6) of section 89, sub-section (1) of section 91, sub-section (2) of section 92, subsection (3) of section 92, section 93, sub-section (1) of section 94, sub-section (4) of section 100, sections 101, 102, 105, 108, sub-section (5) of section 109, Sections 110, 112, 113 subsection (2) of section 114, sectlon 115, sub-secti...
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Companies Act |
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CBDT lays down criteria on manual selection of scrutiny cases for FY 2015-16
Posted Date : 01-Sep-2015 , 07:47:30 am | Posted By: CASANSAAR
Compulsory manual selection of cases for scrutiny during the Financial Year 2015-2016-regd:-
In supersession of earlier Instructions on the above subject, the Board hereby lays down the following procedure and criteria for manual selection of returns/cases for scrutiny during the financial-year 2015-2016:-...
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CBDT |
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RBI Circular - Reporting requirement under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS)
Posted Date : 31-Aug-2015 , 05:25:42 pm | Posted By: Aarti Sharma
RBI/2015-16/165
DBR.AML.BC.No.36/14.01.001/2015-16
August 28, 2015
The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ All Non-banking Financial Companies/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (SCBs / CCBs) / All authorised persons
Dear Sir/ Madam,
Reporting requirement under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS)
As you ...
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CBDT announces new norms for granting reward to informants helping in tax recovery from defaulters
Posted Date : 29-Aug-2015 , 08:34:18 am | Posted By: CASANSAAR
CBDT announces new norms for granting reward to informants helping in tax recovery from defaulters....
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CBDT |
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Reporting requirement under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS)
Posted Date : 29-Aug-2015 , 08:20:30 am | Posted By: CASANSAAR
RBI/2015-16/165
DBR.AML.BC.No.36/14.01.001/2015-16
August 28, 2015
The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ All Non-banking Financial Companies/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (SCBs / CCBs) / All authorised persons
Dear Sir/ Madam,
Reporting requirement under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS)
As you ...
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Procedure for registration and submission of report as per clause (k) of sub section (1) of section 285BA of Income-tax Act, 1961 read with Sub rule (7) of Rule 114G of Income-tax Rules. 1962
Posted Date : 28-Aug-2015 , 07:39:14 am | Posted By: CASANSAAR
F. No. DGIT(S)/DIT(S)-2/ITWG on Financial Sector Reporting/12/2015
Government of India
Ministry of Finance
Central Board of Direct Taxes
Directorate of Income Tax (Systems)
Notification No 3/2015
New Delhi, 25thAugust, 2015
Procedure for registration and submission of report as per clause (k) of sub section (1) of section 285BA of Income-tax Act, 1961 read with Sub rule (7) of Rule 114G of Income-tax Rules. 1962:
As perSub rule (9)(a) of Rule 114Gof theIncome Tax Ru...
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Income Tax |
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RBI Circular - Cash Withdrawal at Point-of-Sale (POS) - Enhanced limit at Tier III to VI Centres
Posted Date : 27-Aug-2015 , 06:05:32 pm | Posted By: Aarti Sharma
RBI/2015-16/164
DPSS.CO.PD.No.449/02.14.003/2015-16
August 27, 2015
The Chairman and Managing Director / Chief Executive Officers
All Scheduled Commercial Banks including RRBs /
Urban Co-operative Banks / State Co-operative Banks /
District Central Co-operative Banks /All Card Network Providers
Dear Madam / Sir,
Cash Withdrawal at Point-of-Sale (POS) - Enhanced limit at Tier III to VI Ce...
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RBI |
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RBI Circular - Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards
Posted Date : 27-Aug-2015 , 05:59:37 pm | Posted By: Aarti Sharma
RBI/2015-16/163
DPSS.CO.PD.No.448/02.14.003/2015-16
August 27, 2015
All Scheduled Commercial Banks including RRBs /
Co-operative Banks / State Co-operative Banks /
Central Co-operative Banks / Authorised Card Payment Networks
Dear Madam / Sir,
Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards
A reference is invited to ourcircular DPSS (CO) PD No.2112/02.14.003/2014-15 dated May 07, 2015on the ca...
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RBI Circular - Detection of Counterfeit Notes
Posted Date : 27-Aug-2015 , 05:58:28 pm | Posted By: Aarti Sharma
RBI/2015-16/162
DCM (FNVD) No. 776/16.01.05/2015-16
August 27, 2015
The Chairman / Managing Director /
Chief Executive Officer
All Banks
Madam / Sir,
Detection of Counterfeit Notes
Please refer to ourCircular DCM (FNVD) No. 5840/16.01.05/2012-13 dated June 27, 2013on “Detection and Reporting of Counterfeit Notes”. The procedure for detection of counterfeit notes has been re...
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RBI Circular - CRIF High Mark Credit Information Services Private Limited
Posted Date : 27-Aug-2015 , 05:57:10 pm | Posted By: Aarti Sharma
RBI/2015-16/161
DBR.CID.BC.35/20.16.042/2015-16
August 27, 2015
All Commercial Banks (excluding RRBs)
All India Financial Institutions (EXIM Bank, NABARD, NHB and SIDBI)
LIC, GIC, UTI Mutual Fund, UTI Specified Undertaking
All Credit Information Companies
Dear Sir / Madam
Grant of ‘Certificate of Registration’ –
For carrying on the business of Credit Information –
CRIF High Mark Credit Information Services Private Limited
Please refer to ourcircular D...
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RBI Circular - Streamlining flow of credit to Micro and Small Enterprises (MSEs) for facilitating timely and adequate credit flow during their ‘Life Cycle’
Posted Date : 27-Aug-2015 , 05:56:02 pm | Posted By: Aarti Sharma
RBI/2015-16/160
FIDD.MSME & NFS.BC.No.60/06.02.31/2015-16
August 27, 2015
All Scheduled Commercial Banks
(Excluding Regional Rural Banks)
Dear Sir / Madam,
Streamlining flow of credit to Micro and Small Enterprises (MSEs) for facilitating timely and adequate credit flow during their ‘Life Cycle’
Micro and small units are more prone to facing financial difficulties during their Life Cycle than large enterprises / corporates when the business conditions turn advers...
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Rate of exchange of conversion of the foreign currency with effect from 26th August, 2015 - 82/2015
Posted Date : 26-Aug-2015 , 06:38:51 pm | Posted By: Aarti Sharma
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
Notification No. 82/2015 - Customs (N.T.)
Dated the 25thAugust, 2015
In exercise of the powers conferred bySection 14of theCustoms Act, 1962 (52 of 1962),the Central Board of Excise & Customs hereby makes the following amendments in theNotification of the Central Board of Excise and Customs No. 81/2015-CUSTOMS (N.T.) dated the 20th August, 2015,with effect from 26th Augus...
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Custom |
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Jurisdiction of Additional Commissioners of Income-tax or the Joint Commissioners of Income-tax under Black Money
Posted Date : 26-Aug-2015 , 07:40:53 am | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
Department of Revenue
(CENTRAL BOARD OF DIRECT TAXES)
[Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax]
NOTIFICATION NO. 73/2015
New Delhi, 24thAugust 2015
S.O. (E). -in exercise of the powers conferred byclause (b) of sub-section (4) of section 120of theIncome-tax Act, 1961 (43 of 1961)read withsection 6of theBlack Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (22 of 2015),...
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Category :
Income Tax |
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Free-home delivery of food isn't liable to service-tax
Posted Date : 26-Aug-2015 , 07:28:05 am | Posted By: CASANSAAR
Clarification on levy of service tax on food sold by way of pick up or home deliveries...
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Category :
Service Tax |
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 25-Aug-2015 , 06:09:41 pm | Posted By: Aarti Sharma
RBI/2015-16/158
Ref.No.IDMD/373/08.02.032/2015-16
August 24, 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 14,000 crore as per the following details:
Sr No
Security
Notified Amo...
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RBI |
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RBI Circular - Foreign Direct Investment – Reporting under FDI Scheme on the e-Biz platform
Posted Date : 24-Aug-2015 , 06:44:01 pm | Posted By: Aarti Sharma
RBI/2015-16/157
A.P. (DIR Series) Circular No. 9
August 21, 2015
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Foreign Direct Investment – Reporting under FDI Scheme on the e-Biz platform
Attention of Authorised Dealers Category-I (AD Category - I) banks is invited to the provisions of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations 2000, notified by the Reserve Bank videNotification No. FEMA 20/20...
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RBI |
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RBI Circular - Guidelines for Relief Measures by Banks in Areas affected by Natural Calamities
Posted Date : 24-Aug-2015 , 06:42:12 pm | Posted By: Aarti Sharma
RBI/2015-16/156
FIDD No. FSD.BC.12/05.10.001/2015-16
August 21, 2015
The Chaiman/Managing Director/Chief Executive Officer
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Madam/Dear Sir
GUIDELINES FOR RELIEF MEASURES BY BANKS
IN AREAS AFFECTED BY NATURAL CALAMITIES
Please refer to ourMaster Circular FIDD.No.FSD.BC.01/05.10.001/2015-16 dated July 1, 2015containing ‘Guidelines for Relief Measures by Banks in Areas affected by Natural Calamities’. Cons...
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RBI |
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Clarification regarding the provisions of Section 73, 76 and 78 of the Finance Act, 1994 and Section 11AC of the Central Excise Act, 1944
Posted Date : 20-Aug-2015 , 09:31:22 pm | Posted By: CASANSAAR
F.No.137/46/2015-Service Tax
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE & CUSTOMS
SERVICE TAX WING
New Delhi, dated 18thAugust, 2015
To
All Principal Chief Commissioners of Central Excise
All Chief Commissioners of Central Excise/ Service Tax
Principal Directors General of Goods & Services Tax/ Systems/Central Excise Intelligence
Director General of Audit
All Principal Commissioners of Central Excise/Service T...
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Category :
Service Tax |
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Govt. notifies Challan No. ITNS 284 for depositing taxes under Black Money Act
Posted Date : 19-Aug-2015 , 11:16:35 pm | Posted By: CASANSAAR
Govt. notifies 'Challan No. ITNS 284' for depositing taxes under Black Money Act
...
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Category :
Income Tax |
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