New Capital Adequacy Framework - Non-market related Off Balance Sheet Items- Bank Guarantees
Posted Date : 02-Apr-2013 , 06:40:51 pm | Posted By: CASANSAAR
RBI/2012-13/467DBOD.No.BP.BC.89.21.04.009/2012-13
April 02, 2013
All Scheduled Commercial Banks(Excluding Local Area Banks & Regional Rural Banks)
Dear Sir/ Madam,
New Capital Adequacy Framework-Non-market related Off Balance Sheet Items- Bank Guarantees
Please refer to theMaster Circular DBOD.No.BP.BC.16/21.06.001/2012-13 dated July 2, 2012on ‘Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF)’. Paragraph 5.15.2(...
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RBI |
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Regarding examination of export consignments of perishable cargo
Posted Date : 02-Apr-2013 , 06:38:22 pm | Posted By: CASANSAAR
Circular No. 12 / 2013-Customs
F.NO. 450/7/2012-CusIV
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
***
Dated the 02ndApril, 2013
To;
All Chief Commissioners of Customs / Customs(Prev)
All Chief Commissioners of Customs & Central Excise.
All Director Generals of CBEC
All Commissioners of Customs / Customs(Prev)
AllCommissionerof Customs and Central Excise
Sir/ Madam,
Attention is invited to Board Circular No 8/200...
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Custom |
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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)
Posted Date : 01-Apr-2013 , 05:43:26 pm | Posted By: CASANSAAR
RBI/2012-13/461RPCD.RCB.RRB.AML.BC.No.71/07.51.018/2012-13
April 01, 2013
The Chairmen / CEOs of all Regional Rural Banks /State and Central Co-operative Banks
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 - Simplifying norms for Self Help Groups
Please refer to ourcircular RPCD.CO.RRB.RCB.AML.No.6097/7.51.018/2012-13 dated December...
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Clarification regarding admissibility of exemption under area-based Notifications No. 49/2003-Central Excise and 50/2003-Central Excise, both dated 10.06.2003
Posted Date : 01-Apr-2013 , 05:41:11 pm | Posted By: CASANSAAR
Circular No. 968/02/2013-CX
F. No. 101/09/2012-CX3
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
New Delhi, the 1stApril, 2013
To,
All Chief Commissioners of Central Excise & Customs,
All Chief Commissioners of Central Excise,
All Director Generals
Sir/Madam
Sub.:- Clarification regarding admissibility of exemption under area-based Notifications No. 49/2003-Central Excise and 50/2003-Central Excise, both dated 10.06....
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Excise |
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Notification regarding submission of information in Form T-2 Along with Vehicle NUmber
Posted Date : 01-Apr-2013 , 12:35:32 pm | Posted By: Ekta Ahuja
In continuation of Notification No..F.7(433)/Policy-Ii/VAT/2012/1429-38
dated 21.03.2013 regarding submission of information in Form T-2, vide which it
was directed that the details of Invoice and Good? Receipt Not~foinrespect of all
goods purchased/received as stock transfer from outside Delhi, shall be
submitted by the dealers online, using their login id and password, before the
goods physically enter the boundary of Delhi, in the revised Form T-2 annexed
with the said Notification, I...
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VAT |
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Amends Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001
Posted Date : 29-Mar-2013 , 08:39:15 pm | Posted By: Vinay Sharma
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (ii)]
Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)
Notification No. 32/2013-CUSTOMS (N. T.)
New Delhi, 28thMarch, 2013
7 Chaitra, 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 is ...
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Custom |
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Guidelines on Implementation of Basel III Capital Regulations in India - Clarifications
Posted Date : 29-Mar-2013 , 08:37:25 pm | Posted By: Vinay Sharma
RBI/2012-13/460DBOD.No.BP.BC.88/21.06.201/2012-13
March 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 Implementation of Basel III Capital Regulations in India - Clarifications
Please refer to the ‘Guidelines on Basel III Capital Regulations’ issued videcircular DBOD.No.BP.BC.98/21.06.201/2011-12 dated May 2, 2012on the implementation of Base...
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Circular on conditions relevant to identify development centres engaged in contract R&D services with insignificant risk
Posted Date : 28-Mar-2013 , 09:08:13 pm | Posted By: CASANSAAR
F No. 5001139120.
Government of lndia
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
(Foreign Tax and Tax Research-l Division)
New Delhi, the 26ftday of March, 2013
Circular No. 03 /2013
Sub: Circular on conditions relevant to identify development centres engaged incontract R&D services with insignificant risk
It has been broughto the notice of CBDT that there is divergence of views amongst the fieldofficers and taxpayers regarding the functional pro...
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Income Tax |
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Circular on application of profit split method
Posted Date : 28-Mar-2013 , 08:41:13 pm | Posted By: CASANSAAR
F No. 500113912012.
Government of lndia
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
(Foreign Tax and Tax Research-l Division)
New Delhi, the 26ftday of March, 2013
Circular No. 02 /2013
Sub: Gircular on application of profit split method
It has beel blought to the notice of CBDT that clarification is needed for selection of profit splitmethod (PSM) as most appropriate method. The issue has been examined in CBDT. lt'ishereby clarified that while select...
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Income Tax |
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Change in shareholding by 2% or more to be disclosed now even if resultant shareholding falls below 5%
Posted Date : 28-Mar-2013 , 07:23:58 pm | Posted By: Vinay Sharma
SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) - (AMENDMENT) REGULATIONS, 2013 - AMENDMENT IN REGULATIONS 10, 13, 22, 23 AND 29
NOTIFICATION NO. LAD-NRO/GN/2012-13/36/7368,DATED 26-3-2013
In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to amend the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, namely:...
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SEBI |
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Sessions Court shifted to Kochi and Calicut for trial of offences under Prevention of Money-Laundering Act
Posted Date : 28-Mar-2013 , 07:21:15 pm | Posted By: Vinay Sharma
SECTION 43 OF THE PREVENTION OF MONEY-LAUNDERING ACT, 2002 - SPECIAL COURTS - NOTIFIED COURTS - AMENDMENT IN NOTIFICATION NO. SO 841(E), DATED 1-6-2006
NOTIFICATION NO. SO 419(E) [F.NO. 6/3/2005-ES),DATED 21-3-2013
In exercise of the powers conferred by sub-section (1) of section 43 of the Prevention of Money-Laundering Act, 2002 (15 of 2003), and in consultation with the Chief Justice of High Court of Kerala, the Central Government hereby makes the following amendments in the notification of ...
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Corporate Laws |
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Seeks to amend the notification No. 12/2012-Customs, dated 17th March, 2012
Posted Date : 28-Mar-2013 , 07:18:09 pm | Posted By: Vinay Sharma
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 18 /2013 - Customs
New Delhi, the 26thMarch, 2013
G.S.R (E).- In exercise of the powers conferred bysub-section (1) of section 25of theCustoms Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the...
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Custom |
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Seeks to amend the notification No. 64/95 - CE dated 16th March, 1995 to provide exemption to project ASTRAs
Posted Date : 28-Mar-2013 , 07:17:31 pm | Posted By: Vinay Sharma
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
NOTIFICATION No. 13/2013- CENTRAL EXCISE
New Delhi, dated the 25thMarch, 2013
G.S.R. 189 (E).-In exercise of the powers conferred bysub-section (1) of section 5Aof theCentral Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following furt...
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Excise |
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Seeks to amend the notification No. 39/96 - Cus, dated 23rd July, 1996 to provide duty exemption to Project ASTRA.
Posted Date : 28-Mar-2013 , 07:16:33 pm | Posted By: Vinay Sharma
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
NOTIFICATION No. 16/2013-CUSTOMS
New Delhi, dated the 25thMarch, 2013
G.S.R. 190 (E). -In exercise of the powers conferred bysub-section (1) of section 25of theCustoms Act, 1962 (52 of 1962),the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendme...
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Custom |
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Amendment in Notification No 32(RE-2012)/2009-14 dated 5th February, 2013 relating to export of edible oils
Posted Date : 28-Mar-2013 , 07:12:39 pm | Posted By: Vinay Sharma
(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii))
Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan
Notification No 39(RE – 2012)/2009-2014
New Delhi, Dated : 25thMarch, 2013
Subject: Amendment in Notification No 32(RE-2012)/2009-14 dated 5thFebruary, 2013 relating to export of edible oils.
S.O.(E) In exercise of the powers conferred bySection 5of theForeign Trade (Development & Regulation)...
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DGFT |
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Know Your Customer Norms /Anti-Money Laundering Standards/Combating Financing of Terrorism/Obligation of Banks under PMLA, 2002 - Simplifying Norms for Self Help Groups
Posted Date : 28-Mar-2013 , 07:10:37 pm | Posted By: Vinay Sharma
RBI/2012-13/459DBOD.AML.BC. No.87/14.01.001/2012-13
March 28, 2013
The Chairmen / CEOs of all Scheduled Commercial Banks(Excluding RRBs)/Local Area Banks / All India Financial Institutions
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 - Simplifying norms for Self Help Groups
Please refer to ourcircular DBOD.AML.BC. No. 65/14.01.001/ 2012-13 ...
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Public Provident Fund Scheme, 1968 (PPF, 1968) and Senior Citizens Savings Scheme, 2004 (SCSS, 2004) - Revision of interest rates
Posted Date : 28-Mar-2013 , 07:10:13 pm | Posted By: Vinay Sharma
RBI/2012-13/458DGBA.CDD. No. H- 5603 /15.02.001/2012-13
March 28, 2013
The Chairman and Managing Director/Managing DirectorHead Office, Government Accounts DepartmentState Bank of India/State Bank of Patiala/State Bank of Bikaner & Jaipur / State Bank of Travancore/State Bank of Hyderabad/State Bank of Mysore/ Andhra Bank/Allahabad Bank/Bank of Baroda/Bank of India/Bank of Maharashtra/Canara Bank/Central Bank of India/Corporation Bank/Dena Bank/Indian Bank/Indian Overseas Bank/Punjab Nat...
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RBI |
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Extension of prohibition on export of Pulses (except Kabuli Chana and 10,000 tonnes of organic pulses) upto 31.03.2014.
Posted Date : 26-Mar-2013 , 11:46:52 am | Posted By: Vinay Sharma
(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii))
Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan
Notification No 38 (RE – 2012)/2009-2014
New Delhi, Dated : 25th March, 2013
Subject: Extension of prohibition on export of Pulses (except Kabuli Chana and 10,000 tonnes of organic pulses) upto 31.03.2014.
S.O.(E) In exercise of the powers conferred bySection 5of theForeign Trade (Development &am...
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DGFT |
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Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934
Posted Date : 23-Mar-2013 , 12:08:01 pm | Posted By: Vinay Sharma
RBI/2012-13/457Ref: DBOD. No.Ret. BC.86/12.07.136/2012-13
March 22, 2013
All Scheduled Commercial Banks
Dear Sir,
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Westpac Banking Corporation
We advise that the name of “Westpac Banking Corporation" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBOD.IBD.No.8297/23.13.138/2012-13 dated December 10, 2012, published in the Gazette of India (Part III –...
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Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934
Posted Date : 23-Mar-2013 , 12:07:34 pm | Posted By: Vinay Sharma
RBI/2012-13/456Ref: DBOD. No.Ret. BC. 85/12.07.137/2012-13
March 22, 2013
All Scheduled Commercial Banks
Dear Sir,
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Sumitomo Mitsui Banking Corporation
We advise that the name of “Sumitomo Mitsui Banking Corporation" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBOD.IBD.No.9808/23.13.155/2012-13 dated January 09, 2013, published in the Gazette of India (...
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RBI |
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Priority Sector Lending - Treatment of Contingent Liabilities
Posted Date : 23-Mar-2013 , 12:07:08 pm | Posted By: Vinay Sharma
RBI/2012-13/455RPCD.CO.Plan. BC 70/04.09.01/2012-13
March 22, 2013
The Chairman/ Managing Director/Chief Executive Officer[All scheduled commercial banks(excluding Regional Rural Banks)]
Madam/Dear Sir,
Priority Sector Lending-Treatment of Contingent Liabilities – Clarifications
It has come to notice that some banks have included contingent liabilities/off-balance sheet items as part of priority sector target achievement. In this connection, we clarify that this is not in conformity...
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RBI |
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USAGE OF ELECTRONIC PAYMENT MODES FOR MAKING CASH PAYMENTS TO THE INVESTORS
Posted Date : 23-Mar-2013 , 11:54:56 am | Posted By: Vinay Sharma
CIRCULAR NO. MRD/DP/10/2013,DATED 21-3-2013
Please refer to SEBI circular no. DCC/FITTCIR-3//2001, dated October 15, 2001 and circular no D&CC/FITTC/CIR-04/2001, dated November 13, 2001 on usage of ECS (Electronic Clearing Services) facility and warrants for distribution of dividends or other cash benefits to the investors.
2.Advancements in the field of electronic payment systems in the last decade have made available various other modes of electronic funds transferviz.National Electron...
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SEBI |
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Notifications regarding submission of information in Form T-2
Posted Date : 22-Mar-2013 , 02:13:56 pm | Posted By: Vinay Sharma
No.F.7(433)/Policy-II/VAT/2012/1429-38 Dated : 21/03/2013
NOTIFICATION
In supersession of Notification No..F.7(433)/Policy-II/VAT/2012/585-595 dated 05.09.2012 and all the subsequent notifications regarding submission of information in Form T-2, I, Prashant Goyal, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, in exercise of the powers conferred on me by sub-section (1) read with sub-section (3) of section 70 of Delhi Value A...
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VAT |
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Rate of exchange of conversion of each of the foreign currency with effect from March 22, 2013
Posted Date : 22-Mar-2013 , 02:10:07 pm | Posted By: Vinay Sharma
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
Notification No. 31/2013-Customs (N.T.)
DATED THE 21stMarch, 2013
30Phalguna, 1934(SAKA)
S.O.(E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (...
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Custom |
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Clearing operations on March 29, 30 and 31, 2013
Posted Date : 22-Mar-2013 , 02:07:51 pm | Posted By: Vinay Sharma
RBI/2012-13/454DPSS.CO.CHD.No./1674/ 03.01.03/2012-2013
March 21, 2013
The Chairman and Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks/Local Area Banks
Madam / Dear sir,
Clearing operations on March 29, 30 and 31, 2013
With a view to facilitate accounting of all the Government transactions for the current financial year (2012-2013) by March 31, 2013, it has bee...
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RBI |
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Companies(Acceptance of Deposits Amendment)Rules, 2013.
Posted Date : 21-Mar-2013 , 10:01:30 pm | Posted By: CASANSAAR
Companies(Acceptance of Deposits Amendment)Rules, 2013..G.S.R.(E) dated21.03.2013
CLICK HERE FOR CIRCLUAR...
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Corporate Laws |
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Annual Closing of Government Accounts - Transactions of Central / State Governments - Special Measures for the Current Financial Year (2012-13)
Posted Date : 21-Mar-2013 , 06:38:51 pm | Posted By: Vinay Sharma
RBI/2012-13/453DGBA.GAD.No.H - 5486/42.01.029/2012-13
March 21, 2013
The Chairman & Managing Director/The Chief Executive OfficerAll Agency Banks
Dear Sir/Madam,
Annual Closing of Government Accounts - Transactions of Central / State Governments - Special Measures for the Current Financial Year (2012-13)
We have been requested by the Government of India and some State Governments to facilitate collection and accounting of all Government tax receipts for the current financial year (201...
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RBI |
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Company Board(Group \'B\' Post- Section Officer)Recruitment Rules, 2013
Posted Date : 21-Mar-2013 , 03:55:24 pm | Posted By: Vinay Sharma
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION
3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
Shastri Bhawan, 5thfloor, A-Wing
New Delhi -110001
NOTIFICATION
New Delhi the 15THMarch, 2013.
G.S.R. ------In exercise of the powers conferred by the proviso to article 309 of the Constitution and in supersession of the Company Law Board (Group 'B' posts) Recruitment Rules, 1999, in so far as they relate to the post of Section Officer, except ...
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Corporate Laws |
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MCA:Relaxation of additional fees and extension of last date in filing of various forms with the Ministry of Corporate Affairs-reg
Posted Date : 21-Mar-2013 , 09:04:33 am | Posted By: Akanksha Handa
In continuation of the Ministry’s General Circular No: 03/2013 dated 08-02-2013 on the subject cited, I am directed to inform you that with the approval of competent authority the time limit for filing and relaxation of additional fee on forms has been extended till 31-03-2013, as detailed below:-
2. The scenario arising where the due date was falling before 17/01/2013, however, additional fee increased due to non-filing of documents between 17/01/2013 and 28/02/2013 (both days inclusiv...
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Corporate Laws |
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All the registered dealers and contractees (TAN holders) will make payment of their tax, interest and penalty or any other payment due under the DVAT Act 2004 compulsorily through Electronic Mode of payment from the e-payment portals of the notified banks
Posted Date : 20-Mar-2013 , 01:51:30 pm | Posted By: Vinay Sharma
All the registered dealers and contractees (TAN holders) will make payment of their tax, interest and penalty or any other payment due under the DVAT Act 2004 compulsorily through Electronic Mode of payment from the e-payment portals of the notified banks.
This is in continuation to the Notificatioh No. F.7(400)/PolicyNAT/2011/ 1006-18 Dated
28.12.2011 vide which it has been prescribed by the Department that all the registered dealers and
contractees (TAN holders) will make payment of t...
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VAT |
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