Sharing of information regarding issuer companies between Debenture Trustees and Credit Rating Agencies
Posted Date : 15-Mar-2013 , 09:56:13 pm | Posted By: Vinay Sharma
SHARING OF INFORMATION REGARDING ISSUER COMPANIES BETWEEN DEBENTURE TRUSTEES AND CREDIT RATING AGENCIES
CIRCULAR NO. MIRSD/3/2013,DATED 15-3-2013
1.SEBI (Debenture Trustee) Regulations, 1993 require the Debenture Trustees (DTs) to share information regarding the issuer companies that are their clients, with Credit Rating Agencies (CRAs). The purpose of the Regulations is to enable CRAs to perform their obligations effectively.
2.DTs have also expressed the need to receive relevant informati...
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SEBI |
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COMPANIES DIRECTORS IDENTIFICATION NUMBER (AMENDMENT) RULES, 2013 - INSERTION OF RULE 8
Posted Date : 15-Mar-2013 , 09:52:41 pm | Posted By: Vinay Sharma
NOTIFICATION [F. NO. 5/80/2012-CL.V],DATED 15-3-2013
In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of sections 642 read with section 266A, 266B, 266D and 266E of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules further to amend the Companies (Directors Identification Number) Rules, 2006 namely: -
1. Short title and commencement
(1)
These rules may be called the Companies Directors Identification Number (Ame...
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Corporate Laws |
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Discontinuation of CFMS
Posted Date : 15-Mar-2013 , 09:51:01 pm | Posted By: Vinay Sharma
RBI/2012-13/442DPSS (CO) No. 1594/04.08.002/2012-13
March 15, 2013
The Chariman / Managing Director /Chief Executive Officer
All CFMS Member Banks
Madam / Sir,
Discontinuation of CFMS
As you are aware, funds transfer through Centralised Funds Management System (CFMS) has been discontinued with effect from January 1, 2013. The access to CFMS information and data would be available up to March 31, 2013 to the member banks.
The facility of CFMS Helpdesk services and access to CFMS informat...
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RBI |
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Amendments to the list of specified goods (SCOMET) that was notified vide Notification No.38 RE-2010) /2009-2014 dated 31st March, 2011
Posted Date : 14-Mar-2013 , 11:16:49 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 COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
NOTIFICATION No. 37 (RE-2012) /2009-2014
DATED: 14thMARCH, 2013
S.O. (E)-In exercise of powers conferred bySection 5andSection 14 Aof theForeign Trade (Development & Regulation) Act, 1992 {FT(D&R) Act,1992}as amended in 2010, the Central Government hereby makes amendments to the list of specified ...
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DGFT |
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Collection of Information on Customer Grievances
Posted Date : 14-Mar-2013 , 11:14:11 pm | Posted By: Vinay Sharma
RBI/2012-13/441DPSS.CO.OSD. No.1604 /06.06.005/2012- 13
March 14, 2013
To
All entities authorised to issue pre-paid payment instruments in India.
Dear Sir,
Collection of Information on Customer Grievances
All entities authorised for issuance of prepaid payment instruments in India are advised to submit the data related to customer grievances received and resolved, on a quarterly basis, in the attached excel formats. It may please be ensured that theformatgiven is strictly adhered to whil...
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RBI |
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Scheme for Collection of Dues of (i) CBDT (ii) CBEC (iii) DM Account - Reporting and Accounting of March Transactions - Special Arrangements
Posted Date : 14-Mar-2013 , 11:13:36 pm | Posted By: Vinay Sharma
RBI/2012-13/440DGBA.GAD.No.H - 5353/42.01.029/2012-13
March 14, 2013
The Chairman & Managing Director /The Chief Executive OfficerAll Agency Banks
Dear Sir / Madam,
Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account - Reporting and Accounting of March Transactions - Special Arrangements - Financial Year 2012-13
Please refer toCircular DGBA.GAD.No.H.6160/42.01.029/2011-12 dated March 19, 20...
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RBI |
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To facilitate filing of ROI, all Income-tax offices shall remain open on 30th and 31st of March 2013
Posted Date : 14-Mar-2013 , 08:37:11 pm | Posted By: Vinay Sharma
SECTION 119 OF THE INCOME TAX ACT, 1961 - INCOME TAX AUTHORITIES - INSTRUCTIONS TO SUBORDINATE AUTHORITIES - ORDER FOR FACILITATING FILING OF IT RETURNS BY TAX PAYERS FOR F.Y. 2012-13 ON 30th & 31st MARCH, 2013
ORDER [F. NO. 225/45/2013/ITA.II],DATED 13-3-2013
The Financial Year 2012-13 closes on 31-3-2013. In view of holidays on 27th and 29th of March and thereafter, on 30th and 31st March, being Saturday and Sunday it is directed that all the Income-tax Offices through out India shall ...
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Income Tax |
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Clarification under Section 372A(3) of the Companies Act, 1956.
Posted Date : 14-Mar-2013 , 08:36:24 pm | Posted By: Vinay Sharma
SECTION 372A OF THE COMPANIES ACT, 1956 - INTER-CORPORATE LOANS AND INVESTMENTS - CLARIFICATION UNDER SECTION 372A(3) WHERE EFFECTIVE RATE OF RETURN ON TAX FREE BONDS IS GREATER THAN YIELD ON PREVAILING BANK RATE
GENERAL CIRCULAR NO. 6/2013[FILE NO. 5/03/2013-CL-V],DATED 14-3-2013
It is observed from the Budget 2013-14 authorizes Union Govt. to raise Rs. 50,000 crores (Tax Free Bonds). These bonds carry a lower rate of interest, currently in the range of 6.75% to 7.50% which is tax free unde...
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Corporate Laws |
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AMENDMENTS In the Sixth Schedule of the Delhi Value Added Tax Act, 2004-(Delhi Act 03 of 2005)
Posted Date : 14-Mar-2013 , 08:18:46 pm | Posted By: Vinay Sharma
AMENDMENTS In the Sixth Schedule of the Delhi Value Added Tax Act, 2004-(Delhi Act 03 of 2005), a new entry at Sl.No.30 after Sl.No.29 of Part-B of Sl.No.1 shall be inserted namely:- "(30) United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP-SSWA), New Delhi."
TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY)
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI
DEPARTMENT OF TRADE AND TAXES
VYAPAR BHAWAN, I. P. ESTATE, NEW DELHI-110002
No.F. 5(54)/...
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VAT |
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Maintenance of Collateral by FIIs for transactions in the cash and F & O segments
Posted Date : 14-Mar-2013 , 08:12:23 pm | Posted By: Vinay Sharma
RBI/2012-13/439A.P. (DIR Series) Circular No. 90
March 14, 2013
To
All Category – I Authorised Dealer Banks
Madam / Sir,
Maintenance of Collateral by Foreign Institutional Investors (FIIs)for transactions in the cash and F & O segments
Attention of Authorised 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...
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FEMA |
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Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives
Posted Date : 14-Mar-2013 , 08:11:52 pm | Posted By: Vinay Sharma
RBI/2012-13/438FMD.MSRG.No. 75/02.05.002/2012-13
March 13, 2013
All Category – I Authorised Dealer Banks
Madam/Sir,
Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives
Please refer to ourcircular FMD.MSRG.No.67/02.05.002/2011-12 dated March 9, 2012on the captioned subject, wherein we had advised, inter alia, that all/selective trades in OTC foreign exchange and interest rate derivatives between the Category-I Authorised Dealer Banks/market makers (banks/PD) and...
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FEMA |
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Notification regarding submission of information in Form T-2
Posted Date : 14-Mar-2013 , 05:32:46 pm | Posted By: Vinay Sharma
Notification regarding submission of information in Form T-2
Click Here to Read Full Notification...
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Category :
VAT |
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Implementation of Core Banking Solutions by UCBs
Posted Date : 13-Mar-2013 , 07:08:43 pm | Posted By: Vinay Sharma
RBI/2011-12/437UBD.BPD.(PCB). Cir.No. 42/09.18.300/2011-12
March 13, 2013
The Chief Executive Officers ofAll Primary (Urban) Co-operative Banks
Madam / Dear Sir,
Implementation of Core Banking Solutions (CBS) by Urban Co-operative Banks (UCBs)
The usage of Information Technology (IT) is critical for the survival and growth of banking institutions as IT usage not only helps banks to reduce their cost of operations, but also enables them to offer products and services at competitive rates t...
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RBI |
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Money Transfer Service Scheme
Posted Date : 13-Mar-2013 , 04:47:12 pm | Posted By: Vinay Sharma
RBI/2012-13/436 A.P. (DIR Series) Circular No. 89
March 12, 2013
To
All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme
Madam / Sir,
Money Transfer Service Scheme – Revised Guidelines
Attention of all Authorised Persons (APs), who are Indian Agents under the Money Transfer Service Scheme (MTSS) is invited to the Notification dated June 4, 2003 on MTSS, as amended from time to time and the specific permission accorded to them under FEMA, 1999 by the Res...
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RBI |
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Posted Date : 12-Mar-2013 , 09:30:11 pm | Posted By: Vinay Sharma
RBI/2012-13/435 A.P. (DIR Series) Circular No. 88
March 12, 2013
To
All Category - I Authorized Dealer Banks
Madam / Sir,
“Write-off” of unrealized export bills– Export of Goods and Services – Simplification of procedure
Attention of Authorized Dealer Category – I (AD Category –I) banks is invited toA.P. (DIR. Series) Circular No. 12,30,61,40,33and03dated September 09, 2000, April 04, 2001, December 14, 2002, December 05, 2003, February 28, 2007 and July...
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FEMA |
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Notification No. 29/2013-Customs (N.T.)
Posted Date : 12-Mar-2013 , 12:12:15 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)
Notification No. 29/2013-Customs (N.T.)
New Delhi, the 11thMarch, 2013
S.O……..(E). – In exercise of the powers conferred by clause (a) of sub-section (1) of Section 7 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following further amendments in the notification of the Gov...
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Custom |
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Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
Posted Date : 11-Mar-2013 , 06:45:29 pm | Posted By: Vinay Sharma
RBI/2012-13/434DBOD. AML.No. 12913/14.01.001/2012-13
March 11, 2013
The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions
Dear Sir,
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
Please refer to our letterDBOD. AML.No.8422/14.01.001/ 2012-13 dated December 12, 2012on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions.
2. Financial Action Task Force (FATF) has ...
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RBI |
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Frauds- Classification and Reporting
Posted Date : 11-Mar-2013 , 01:58:07 pm | Posted By: Vinay Sharma
RBI/2012-13/433UBD CO BPD (PCB) Cir. No.41/12.05.001/2012-13
March 08, 2013
Chief Executive Officer ofAll Primary (Urban) Co-operative Banks
Madam / Dear Sir,
Frauds- Classification and Reporting
Please refer to ourMaster Circular UBD.CO.BPD. (PCB) MC No. 17/12.05.001/2012-13 dated July 02, 2012advising the consolidation of our updated instructions/ guidelines on the captioned subject.
2. As per para 3.5 of the above Master Circular, cases of attempted fraud, where likely loss would have...
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RBI |
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Seeks to further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) number 14/2002-Central Excise (N.T.), dated the 8th March, 2002
Posted Date : 09-Mar-2013 , 07:04:59 pm | Posted By: Vinay Sharma
[(TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i) of dated the 6thMarch, 2013]
Government of India
Ministry of Finance
Department of Revenue
Notification
New Delhi, the Dated, 6th March, 2013
No. 05/2013-Central Excise (N.T.)
G.S.R ( E ) . – In exercise of the powers conferred by sub-rule (2) of rule 3 of the Cent...
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Category :
Custom |
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Performance Audit Of Agricultural Debt Waiver And Debt Relief Scheme, 2008
Posted Date : 07-Mar-2013 , 08:00:48 pm | Posted By: Vinay Sharma
RBI/2012-13/432UBD.BPD (PCB) Cir. No.40/13.05.000/2012-13
March 7, 2013
The Chief Executive Officersof All Primary (Urban) Co-operative Banks
Madam/Dear Sir,
Performance Audit Of Agricultural Debt Waiver And Debt Relief Scheme, 2008
Please refer to ourCircular UBD. BPD (PCB) Cir. No. 31/13.05.000/2012-13 dated January 15, 2013on the above subject. Considering the serious nature of observations made by the Comptroller and Auditor General, it has been, inter alia, desired by the Government ...
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RBI |
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KYC Norms/AML Measures/CFT/ Obligations of banks under PMLA, 2002
Posted Date : 07-Mar-2013 , 07:05:21 pm | Posted By: Vinay Sharma
RBI/2012-13/431UBD.BPD (PCB) Cir. No. 39/14.01.062/2012-13
March 7, 2013
The Chief Executive Officer ofAll Primary (Urban) Co-operative Banks
Madam/Dear Sir,
Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Measures/Combating of Financing of Terrorism (CFT) / Obligations of banks under Prevention of Money Laundering Act (PMLA), 2002 – Primary (Urban) Co-operative Banks
Please refer to ourcircular UBD.BPD (PCB) Cir. No. 28/14.01.062/2012-13 dated December 19, 2012on simplif...
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RBI |
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Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
Posted Date : 07-Mar-2013 , 06:52:46 pm | Posted By: CASANSAAR
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 (Department of Revenue) No.23/2013-CUSTOMS (N.T.), dated the 21stFebruary, 2013videnumber S.O.424 (E), dated the 21stFebruary, 2013, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs(CBEC) hereby determines that the rate of exchange of conversion...
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Custom |
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Establishment of Connectivity with both depositories NSDL and CDSL
Posted Date : 07-Mar-2013 , 03:39:48 pm | Posted By: Vinay Sharma
CIRCULAR
CIR/MRD/DP/ 07 /2013 March 05, 2013
To,
All Stock Exchanges
Dear Sir / Madam,
Sub: Establishment of Connectivity with both depositories NSDL and CDSL –Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement
1. It is observed from the information provided by the depositories that the companies listed in Annexure ‘A’ have established connectivity with both the depositories.
2. The stock exchanges may con...
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SEBI |
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Service Tax Return ST 3 July 12 to Sept 12 due date extended. (Order No: 01/2013-Service Tax)
Posted Date : 07-Mar-2013 , 02:41:24 pm | Posted By: CASANSAAR
F.No.137/99/2011-Service Tax
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
***
New Delhi, dated the 6thMarch, 2013
Order No: 01/2013-Service Tax
In exercise of the powers conferred by sub-rule(4) of rule 7 of the Service Tax Rules, 1994, the Central Board of Excise & Customs hereby extends the date of submission of theForm ST-3for the period from 1stJuly 2012 to 30thSeptember 2012, from 25thMarch, 2013 to15thApril, 2013.
...
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Category :
Service Tax |
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Post Export EPCG duty credit scrip(s) Scheme and certain other changes related to Foreign Trade Policy 2009-14
Posted Date : 07-Mar-2013 , 01:32:35 pm | Posted By: Vinay Sharma
Circular No.10/ 2013-Customs
F.No.605/12/2012-DBK (Pt.)
Government of India
Ministry of Finance, Department of Revenue
Central Board of Excise and Customs
New Delhi, dated the 6thMarch, 2013
To
All Chief Commissioners of Customs
All Chief Commissioners of Central Excise / Customs & Central Excise
All Director Generals under CBEC,
All Commissioners of Customs / Customs (Preventive)
All Commissioners of Central Excise /Customs & Central Excise
Madam / Sir,
Sub:Post Exp...
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Category :
Custom |
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Setting up of Public/Private Bonded Warehouses for Gems & Jewellery Sector
Posted Date : 07-Mar-2013 , 01:31:51 pm | Posted By: Vinay Sharma
Circular No. 11/2013-Cus
F.No.DGEP/G&J/07/2013
Govt. of India
Ministry of Finance,
Department of Revenue,
Central Board of Excise & Customs
Directorate General of Export Promotion
New Delhi, the March 6, 2013
All Chief Commissioners of Customs/Central Excise,
All Commissioners of Customs/ Central Excise.
Madam/ Sir,
Subject: Setting up of Public/Private Bonded Warehouses for Gems & Jewellery Sector
Director General of Fo...
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Custom |
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The Form ST-3 is expected to be available on ACES around 20th March, 2013
Posted Date : 07-Mar-2013 , 01:19:44 pm | Posted By: Vinay Sharma
F.No.137/99/2011-Service Tax
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
***
New Delhi, dated the 6thMarch, 2013
Order No: 01/2013-Service Tax
In exercise of the powers conferred by sub-rule(4) of rule 7 of the Service Tax Rules, 1994, the Central Board of Excise & Customs hereby extends the date of submission of theForm ST-3for the period from 1stJuly 2012 to 30thSeptember 2012, from 25thMarch, 2013 to15thApril, 2013.
...
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Category :
Service Tax |
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Performance Audit of Agricultural Debt Waiver and Debt Relief Scheme, 2008
Posted Date : 06-Mar-2013 , 08:10:21 pm | Posted By: Vinay Sharma
RBI/2012-13/430RPCD.CO.FSD. No. BC. 67/05.04.02/2012-13
March 6, 2013
The Chairman/ Managing Director/Chief Executive OfficerAll scheduled commercial banks & Local Area Banks
Madam/Dear Sir,
PERFORMANCE AUDIT OF AGRICULTURAL DEBT WAIVER AND DEBT RELIEF SCHEME, 2008
Please refer to ourCircular RPCD.CO.FSD. No. BC.58/05.04.02/2012-13 dated January 14, 2013on the above subject. Considering the serious nature of observations made by the Comptroller and Auditor General, it has been, inter ...
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RBI |
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AMENDMENTS in the Sixth Schedule of the Delhi Value Added Tax Act, 2004- (Delhi Act 03 of 2005), in the entry at Sl. No. 13 in part-B \"European Commission\" shall be substituted by the new word \"European Union\"
Posted Date : 06-Mar-2013 , 05:54:15 pm | Posted By: Vinay Sharma
AMENDMENTS in the Sixth Schedule of the Delhi Value Added Tax Act, 2004- (Delhi Act 03 of 2005), in the entry at Sl. No. 13 in part-B "European Commission" shall be substituted by the new word "European Union"
ClIck Here To Read Full Notification...
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VAT |
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External Commercial Borrowings (ECB) Policy
Posted Date : 05-Mar-2013 , 09:53:24 pm | Posted By: Vinay Sharma
RBI/2012-13/429A.P. (DIR Series) Circular No. 87
March 5, 2013
To
All Category - I Authorised Dealer Banks
Madam / Sir,
External Commercial Borrowings (ECB) Policy –Corporates under Investigation
Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to theA.P. (DIR Series) Circular No. 71 dated June 30, 2009and Third Amendment toFEMA Notification No.3 (FEMA 197/2009-RB) dated September 22, 2009.
2. As per the extant guidelines, corporates that are under in...
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FEMA |
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