Amends Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001
Posted Date : 01-Jun-2013 , 12:30:00 pm | Posted By: Vinay Sharma
[TO BE PUBLISHED IN PART-II, SECTION-3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY]
Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)
Notification
No. 57/2013-CUSTOMS (N. T.)
New Delhi, the 31st of May, 2013
10 Jyaistha, 1935 (SAKA)
S. O. (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it ...
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An insurance broker to provide info on its capital structure and shareholding details to IRDA yearly
Posted Date : 31-May-2013 , 06:45:46 pm | Posted By: Vinay Sharma
IRDA (INSURANCE BROKERS)(SECOND AMENDMENT) REGULATIONS, 2013
NOTIFICATION NO. [F.NO. IRDA/REG/6/64/2013],DATED 7-2-2013
In exercise of the powers conferred by section 1I4A of the Insurance Act, 1938 (4 of 1938) read with sections 14 and 26 of the Insurance Regulatory and Development Authority Act, 1999 (4 of 1999), the Authority in consultation with the Insurance Advisory Committee, hereby makes the following regulations, namely; -
1. Short title and commencement
(1)
These regulatio...
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Corporate Laws |
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SEBI amends circular on \'comprehensive guidelines on sale of shares through offer for sale mechanism\'
Posted Date : 31-May-2013 , 06:28:44 pm | Posted By: Vinay Sharma
COMPREHENSIVE GUIDELINES ON OFFER FOR SALE (OFS) OF SHARES BY PROMOTERS THROUGH THE STOCK EXCHANGE MECHANISM
CIRCULAR NO. MRD/DP/17/2013,DATED 30-5-2013
1.This is with reference to the comprehensive guidelines on sale of shares through OFS mechanism issuedvidecircular no MRD/DP/18/2012, dated July 18, 2012and amendedvidecircular MRD/DP/04/2012, dated January 25, 2013.
2.The aforesaid circular is amended as under:
2.1Para 5 (b) shall be replaced by the following:
"Seller(s) shall announce t...
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KYC/AML/CFT Guidelines - Unique Customer Identification Code for banks
Posted Date : 31-May-2013 , 06:27:12 pm | Posted By: Vinay Sharma
RBI/2012-13/515DBOD. AML.BC. No. 101/14.01.001/2012-13
May 31, 2013
The Chairmen / CEOs of all Scheduled Commercial Banks(Excluding RRBs)/Local Area Banks / All India Financial Institutions
Dear Sir,
Know Your Customer (KYC)/Anti-Money Laundering (AML)/Combatingof Financing of Terrorism (CFT) Guidelines - Unique CustomerIdentification Code (UCIC) for banks’ customers in India
Please refer to ourcircular DBOD. AML.BC. No.109/14.01.001/2011-12 dated June 08, 2012, on the captioned subje...
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Acknowledgement by banks at the time of submission of Form 15-G / 15-H
Posted Date : 31-May-2013 , 06:26:47 pm | Posted By: Vinay Sharma
RBI/2012-13/516DBOD.No.Leg.BC.100/09.07.005/2012-13
May 31, 2013
All Scheduled Commercial Banks(excluding RRBs)
Dear Sir/Madam,
Acknowledgement by banks at the time of submission of Form 15-G / 15-H
As you are aware banks are not required to deduct TDS from depositors who submit declaration in Form 15-G/15-H under Income Tax Rules, 1962. However, it has been brought to our notice that despite submission of Form 15-G/15-H by customers, banks are deducting tax at source, at times, causing inc...
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SEBI modifies Securities Lending and Borrowing framework
Posted Date : 31-May-2013 , 04:31:51 pm | Posted By: Vinay Sharma
REVIEW OF THE SECURITIES LENDING AND BORROWING (SLB) FRAMEWORK
CIRCULAR NO. MRD/DP/18/2013,DATED 30-5-2013
The framework of SLB was specifiedvideSEBIcircular no. MRD/DoP/SE/Dep/Cir-14/2007, dated December 20, 2007and operationalised with effect from April 21, 2008. The SLB framework was subsequently revised based on the need and representations from market participantsvidecirculars no. MRD/DoP/SE/Cir-31/2008, dated October 31, 2008,MRD/DoP/SE/Dep/Cir-01/2010,
dated January 06, 2010,MRD/DP/33...
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CBDT announces Rules for notification of agricultural extension projects under sec. 35CCC
Posted Date : 31-May-2013 , 04:30:13 pm | Posted By: Vinay Sharma
INCOME-TAX (FOURTH AMENDMENT) RULES, 2013 - INSERTION OF RULES 6AAD & 6AAE AND FORM NOS.3C-O & 3CP
NOTIFICATION NO. 38/2013[F.NO.142/30/2012-SO(TPL)]/SO 1393(E),DATED 30-5-2013
In exercise of the powers conferred by section 295 read with sub-section (1) of section 35CCC of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1.(1) These rules may be called the Income-tax (Fourth ...
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Income Tax |
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Clarification regarding submission of Form DP-1.
Posted Date : 31-May-2013 , 07:44:20 am | Posted By: CASANSAAR
CIRCULAR No. 04 OF 2013-14
Clarification and confirmations are being sought from different quarters regarding theNotification No.F.3(352)/Policy/VAT/2013/231-241 dated 28.05.2013
The purpose of taking the information in Form DVAT-07 and Form DVAT-52 is toupdate the dealers’ data with the department. To maintain up to date and accurate data of thedealers in the department records, Registration Certificates of the dealers are required to beamended. The amendment process is to be initiated ...
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VAT |
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Review of Prudential Guidelines on Restructuring of Advances by Banks and Financial Institutions
Posted Date : 31-May-2013 , 07:38:18 am | Posted By: CASANSAAR
RBI/2012-13/514DBOD.BP.BC.No. 99/21.04.132/2012-13
May 30, 2013
All Scheduled Commercial Banks(excluding RRBs)
Dear Sir,
Review of Prudential Guidelines on Restructuring of Advances by Banks and Financial Institutions
As indicated in paragraph 81 (extract enclosed) of the Monetary Policy Statement 2013-14 announced on May 3, 2013, ‘Prudential guidelines on restructuring of advances by banks / financial institutions’ have been revised taking into account the recommendations of th...
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Power of ROCs to obtain declaration/ affidavits from subscribers/first directors at the time of incorporation
Posted Date : 30-May-2013 , 07:24:32 am | Posted By: CASANSAAR
General Circular No. 11/2013, dated 29-05-2013,Power of ROCs to obtain declaration/ affidavits from subscribers/first directors at the time of incorporation....
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All the dealers registered under the DVAT Act, as on 31-03-2013, shall furnish the information online on or before 30.06.2013, using their login ID and password.
Posted Date : 29-May-2013 , 11:50:31 pm | Posted By: CASANSAAR
All the dealers registered under the DVAT Act, as on 31-03-2013, shall furnish the information online on or before 30.06.2013, using their login ID and password. For this purpose, Form DP-1 annexed with this Notification shall be used. This Notification shall come into force with immediate effect.
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHIDEPARTMENT OF TRADE AND TAXESVYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002No.F. 3(352)/Policy/VAT/2013/231-241Date : 28.05.2013NOTIFICATION
Wherea...
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VAT |
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DGFT- Online application & issue of Registration Certificates for export of various commodities wef 1st July, 2013
Posted Date : 29-May-2013 , 08:50:01 am | Posted By: CASANSAAR
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
UdyogBhawan, New Delhi
Trade Notice No. 3/2013 Dated 28thMay, 2013
Subject:Online applicationand issue ofRegistrationCertificates forexport of various commodities with effect from 1stJuly, 2013.
DGFT is happy to announce migration of the process of obtainingRegistrationCertificate(for export purpose only) from the existing manual mode to digital mode. With effect from 1s...
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DGFT |
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Guidelines on Composition of Capital Disclosure Requirements
Posted Date : 29-May-2013 , 07:12:01 am | Posted By: CASANSAAR
RBI/2012-13/512DBOD.No.BP.BC.98/21.06.201/2012-13
May 28, 2013
The Chairman and Managing Directors/Chief Executives Officers ofAll Scheduled Commercial Banks(Excluding Local Area Banks and Regional Rural Banks)
Madam / Sir,
Guidelines on Composition of Capital Disclosure Requirements
Please refer to the paragraph 77 (extract enclosed) of the Monetary Policy Statement for 2013-14 announced on May 3, 2013. It was indicated therein that the final guidelines on composition of capital disclosure...
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RBI |
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Branch Authorisation Policy- Front Loading of branches in unbanked rural centres
Posted Date : 29-May-2013 , 07:10:57 am | Posted By: CASANSAAR
RBI/2012-13/511DBOD.NO.BAPD.BC. 97/22.01.001/2012-13
May 28, 2013Jyeshtha 7, 1934 (Saka)
All Domestic Scheduled Commercial Banks(excluding RRBs)
Madam/Dear Sir,
Branch Authorisation Policy- Front Loading of branches in unbanked rural centres
Please refer to paragraph 96 of Monetary Policy Statement 2013-14 (extract enclosed) on the above subject. As stated therein, branch expansion in rural areas is essential to address the existing asymmetries in achieving financial inclusion.
2. With the...
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Regarding Customs permission for transhipment of goods/containers from a Gateway Port to a Container Freight Station (CFS) of another Customs Station
Posted Date : 27-May-2013 , 08:43:27 pm | Posted By: CASANSAAR
Circular No. 22/2013 - Customs
F. No. 450 /120/2012-Cus-IV.
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
*****
New Delhi, Dated 24th May, 2013
To,
All Chief Commissioners of Customs / Customs (Prev).
All Chief Commissioners of Customs & Central Excise.
All Commissioners of Customs / Customs (Prev).
All Commissioners of Customs & Central Excise.
AllDirector Generals under CBEC.
Sir / Madam,
Subject: - Customs perm...
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Notification regarding Challan Form P-VAT-2A
Posted Date : 27-May-2013 , 08:36:41 pm | Posted By: CASANSAAR
NOTIFICATIONThe 24th May, 2013No.G.S.R. 33/PA.8/2005/S.70/2013 .- In exercise of the powers conferred by subsection (1) of section 70 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 pleased to make thefollowing rules further to amend the Punjab Value Added Tax Rules, 2005, namely :-...
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NBFCs finance for Purchase of Gold
Posted Date : 27-May-2013 , 08:34:54 pm | Posted By: CASANSAAR
RBI/2012-13/510DNBS.CC.PD.No.326/03.10.01/2012-13
May 27, 2013
ToAll NBFCs
Dear Sir,
NBFCs finance for Purchase of Gold
In terms of extant guidelines issued vide circular DNBS.CC.PD.No.265/03.10.001/2012-13 dated March 21, 2013 no advances should be granted by NBFCs against bullion / primary gold and gold coins.
2.It is clarified that no advances should be granted by NBFCs for purchase of gold in any form, including primary gold, gold bullion, gold jewellery, gold coins, units of gold Exch...
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RBI |
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Lending against Gold
Posted Date : 27-May-2013 , 08:34:05 pm | Posted By: CASANSAAR
RBI/2012-13/509DBOD. No. Dir. BC. 96/13.03.00/2012-13
May 27, 2013
All Scheduled Commercial Banks(excluding RRBs)
Dear Sir/Madam
Lending against Gold
Please refer to paragraph 98 of the Monetary Policy Statement 2013-14 announced on May 3, 2013 (extract enclosed) on lending against gold, proposing to restrict the facility of advances against the security of gold coins per customer to gold coins weighing up to 50 gms.
2. As per extant instructions contained in our circular DBOD.Leg.BC.95/ C...
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Prudential Guidelines on Capital Adequacy and Market Discipline - New Capital Adequacy Framework (NCAF) - Parallel Run and Prudential Floor
Posted Date : 27-May-2013 , 08:33:05 pm | Posted By: CASANSAAR
RBI/2012-13/508DBOD.BP.BC. No.95/21.06.001/2012-13
May 27, 2013
The Chairman and Managing Director/Chief Executive Officer ofAll Scheduled Commercial Banks(excluding LABs and RRBs)
Dear Sir
Prudential Guidelines on Capital Adequacy and Market Discipline -New Capital Adequacy Framework (NCAF) - Parallel Run and Prudential Floor
Please refer to ourcircular DBOD.BP.BC.No.71/21.06.001/2010-11 dated December 31, 2010on the above subject, in terms of which banks were advised to continue with the ...
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RBI |
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Seeks to allow duty free sale of goods manufactured in India to the International passengers or members of crew at the DFSs located at the arrival / departure hall of International Airports and specify the procedures relating thereto.
Posted Date : 24-May-2013 , 08:13:39 pm | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, dated the 23rdMay, 2013
NotificationNo.19 /2013-Central Excise
G.S.R.(E). – In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944(1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods falling under the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) (hereinafter r...
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Excise |
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Annual Business Plan
Posted Date : 24-May-2013 , 08:07:33 pm | Posted By: CASANSAAR
RBI/2012-13/506UBD.CO.LS.(PCB).Cir. No. 50/07.01.000/2012-13
May 24, 2013
Chief Executive Officers ofall Primary (Urban) Co-operative Banks
Dear Sir / Madam,
Annual Business Plan – Elimination of requirement to submit proposal in duplicate
Please refer to ourcircular UBD.CO.LS.Cir.No.52/07.01.000/2007-08 dated June 16, 2008where in Financially Sound and Well Managed (FSWM) UCBs were required to prepare Annual Business Plan (ABP) for opening of branches / extension counters, ...
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RBI |
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Frauds
Posted Date : 24-May-2013 , 08:06:11 pm | Posted By: CASANSAAR
RBI/2012-13/505DBS.FrMC.BC.No. 6/23.04.001/2012-13
May 23, 2013
The Chairmen & Chief Executive Officers of allScheduled Commercial Banks (excluding RRBs)and All India Select Financial Institutions
Dear Sir,
Frauds – Classification and Reporting
Please refer to Para 3.1.3 ofcircular DBS. FrMC. BC. No. 1/23.04.001/2012-13 dated July 02, 2012i.e. the Master Circular on 'Frauds – Classification and Reporting' which requires commercial banks to furnish in hard copies ...
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RBI |
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Liberalised Remittance Scheme for Resident Individuals
Posted Date : 24-May-2013 , 07:57:59 am | Posted By: CASANSAAR
RBI/2012-13/504A. P. (DIR Series) Circular No. 106
May 23, 2013
ToAll Category - I Authorised Dealer Banks
Madam / Sir,
Liberalised Remittance Scheme for Resident Individuals – Reporting
Attention of all Authorised Dealer Category - I (AD Category - I) banks is invited toA. P. (DIR Series) Circular No.36 dated April 04, 2008, in terms of which, AD Category -I banks were required to furnish information on the number of applications received and the total amount remitted under the Liber...
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FEMA |
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Export of Goods and Software
Posted Date : 21-May-2013 , 06:36:42 am | Posted By: CASANSAAR
RBI/2012-13/503A.P. (DIR Series) Circular No. 105
May 20, 2013
To,
All Category - I Authorised Dealer Banks
Madam / Sir,
Export of Goods and Software – Realisation andRepatriation of export proceeds – Liberalisation
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited toA.P. (DIR Series) Circular No. 52 dated November 20, 2012extending the enhanced period for realization and repatriation to India, of the amount representing the full value of go...
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FEMA |
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Foreign Direct Investment (FDI) in India - Issue of equity shares under the FDI scheme allowed under the Government route against pre-operative/pre-incorporation expenses
Posted Date : 17-May-2013 , 09:47:37 pm | Posted By: CASANSAAR
RBI/2012-13/502A.P. (DIR Series) Circular No. 104
May 17, 2013
ToAll Category-I Authorised Dealer Banks
Madam / Sir,
Foreign Direct Investment (FDI) in India - Issue of equity shares under the FDI scheme allowed under the Government route against pre-operative/pre-incorporation expenses
Attention of Authorised Dealers Category – I banks is invited to Para 3 (II) ofA.P. (DIR Series) Circular No. 74 dated June 20, 2011read withA.P. (DIR Series) Circular No. 55 dated December 9...
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FEMA |
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Regarding certain issues relating to difficulties being faced in availing/extending exemption relating to the Oil Exploration Sector.
Posted Date : 17-May-2013 , 07:41:58 am | Posted By: CASANSAAR
Circular No. 21 /2013-Customs
F.No.B1/20/2013 -TRU
Government of India
Ministry of Finance
(Department of Revenue)
Tax Research Unit
*****
New Delhi, dated 16th May, 2013
To,
All Chief Commissioners of Customs.
All Chief Commissioners of Customs & Central Excise.
All Chief Commissioners of Central Excise.
Subject: Difficulties being faced in availing exemption relating to the Oil Exploration Sector– Regarding.
Sir / Madam,
Representations have been received from t...
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Custom |
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Regarding The Service Tax Voluntary Compliance Encouragement Scheme-clarifications
Posted Date : 17-May-2013 , 07:38:51 am | Posted By: CASANSAAR
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Tax Research Unit
*****
New Delhi, dated the 13th May, 2013
To,
Chief Commissioners of Central Excise and Customs (All),
Director General (Service Tax), Director General (Systems),
Director General (Central Excise Intelligence), Director General (Audit),
Commissioners of Service Tax (All),
Commissioners of Central Excise (All),Commissioners of Central Excise and Customs (All)
Madam/Si...
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Service Tax |
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SLR Holdings under Held to Maturity Category
Posted Date : 16-May-2013 , 08:07:13 am | Posted By: CASANSAAR
RBI/2012-13/501DBOD.No.BP.BC.92/21.04.141/2012-13
May 15, 2013
All Scheduled Commercial Banks(excluding RRBs)
Dear Sir,
Monetary Policy Statement 2013-14 –SLR Holdings under Held to Maturity Category
Please refer to paragraph 84 of the Monetary Policy Statement 2013-14 (extract enclosed) announced on May 3, 2013 on ‘SLR Holdings under Held to Maturity Category’.
2. In terms of ourcircular No.DBOD.BP.BC.37/21.04.141/2004-05 dated September 2, 2004on Prudential Norms on Cla...
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RBI |
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Regarding Classification of the machines commercially referred to as \"Tablet Computers\"
Posted Date : 15-May-2013 , 07:55:54 am | Posted By: CASANSAAR
Circular No.20 / 2013- Customs
F.No. 528/102/2011-STO (TU)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
****
229-A, North Block, New Delhi
14th May, 2013
Doubts have been raised regarding classification of products commercially referredto as Tablet Computers under the Customs Tariff which is harmonised with the HarmonizedCommodity Description and Coding System, commonly known as "HS Nomenclature". Thetwo major competing headings a...
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Custom |
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Serevice Tax Notification No.10/2013 for Rules under the Service Tax Voluntary Compliance Encouragement Scheme,2013
Posted Date : 14-May-2013 , 04:10:01 pm | Posted By: CASANSAAR
Government of India
Ministry of Finance
(Department of Revenue)
NotificationNo.10/2013 - Service Tax
New Delhi, the 13th May, 2013
G.S.R…..(E).- In exercise of the powers conferred by sub-sections (1) and (2) ofsection 114 of the Finance Act, 2013 (17 of 2013), the Central Government herebymakes the following rules regarding the form and manner of declaration, form andmanner of acknowledgement of declaration, manner of payment of tax dues andform and manner of issuing acknowledgeme...
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Service Tax |
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