Gold Deposit Scheme
Posted Date : 14-Feb-2013 , 07:06:47 pm | Posted By: Vinay Sharma
RBI/2012-13/415 DBOD.No.IBD.BC. 81/23.67.001/2012-13
February 14, 2013
All Scheduled Commercial Banks authorized to deal in Gold
Dear Sir / Madam
Gold Deposit Scheme
The Central Government, with a view to bringing privately held stock of gold in circulation, reduce the country’s reliance on import of gold and providing its owners with some income apart from freeing them from the problems of storage, movement and security of gold in their possession, had notified Gold Deposi...
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RBI |
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Prevention of Money-Laundering (Amendment) Act, 2012 effective from 15-2-2013
Posted Date : 13-Feb-2013 , 01:26:36 pm | Posted By: Vinay Sharma
PREVENTION OF MONEY LAUNDERING (AMENDMENT) ACT, 2012 - NOTIFIED DATE FOR ENFORCEMENT OF PROVISIONS OF AMENDMENT ACT, 2012
NOTIFICATION NO. SO 343(E)[F.NO.P.12011/3/2009-S.O.(E.S. CELL)], DATED 8-2-2013
In exercise of the powers conferred by sub-section (2) of section 1 of the Prevention of Money-Laundering (Amendment) Act, 2012 (2 of 2013), the Central Government hereby appoints the 15th day of February, 2013, as the date on which the provisions of the said Act shall come into force....
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FEMA |
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All Saturdays will be working days and not holidays till 31.03.2013
Posted Date : 13-Feb-2013 , 12:31:21 pm | Posted By: Vinay Sharma
OFFICE OF THE ADDITIONAL COMMISSIONER (HR)
DEPARTMENT OF TRADE & TAXES
GOVERNMENT OF NCT OF DELHI
VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002
No. 342-349
Dated: 05/02/2013
CIRCULAR
Considering the status of revenue collection and need to improve it substantially in order to meet the revenue target as fixed by Govt. of NCT of Delhi, all the officers and officials of this Department have to work beyond their normal duties. With only less than two months to go, we need to accelerat...
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VAT |
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Notification regarding procedure and form for filing Audit Report.
Posted Date : 13-Feb-2013 , 12:27:09 pm | Posted By: Vinay Sharma
VAT - Delhi - Notification No. No.F.7(420) Policy VAT 2011 1203-1213 Dated Monday, February 11, 2013
Notification regarding procedure and form for filing Audit Report....
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VAT |
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Last date for filing financial statements in XBRL mode further extended to 28-2-2013
Posted Date : 13-Feb-2013 , 12:07:35 pm | Posted By: Vinay Sharma
Filing of Balance Sheet and Profit and Loss Account in extensible Business Reporting Language (XBRL) mode for the financial year commencing on or after 1-4-2011
General Circular No. 5/2013 [No. 17/161/2012-CL-V], dated 12-2-2013
In continuation of the Ministry's General Circular Nos. 16/2012, dated 6-7-2012, 34/2012, dated 25-10-2012, 39/2012, dated 12-12-2012 and 1/2013 on the subject cited above, it is stated that the time limit to file the financial statements in the XBRL mode with...
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Corporate Laws |
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Banks are now permitted to open NRO accounts of Bangladeshi Nationals without RBI
Posted Date : 12-Feb-2013 , 08:30:11 pm | Posted By: Vinay Sharma
Opening of NRO accounts by individuals of Bangladesh Nationality
A.P. (DIR Series 2012-13) Circular No. 82, dated 11-2-2013
Attention of all the Authorised Dealer banks and Authorised banks (Authorised banks) is invited to Paragraph 1 of Schedule-3 of Foreign Exchange Management (Deposit) Regulations, 2000 contained in Notification No. FEMA. 5/2000-RB dated May 3, 2000, as amended from time to time, in terms of which opening of Non-Resident Ordinary Rupee (NRO) accounts by individuals/...
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FEMA |
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Relaxation of additional fees and extension of last date in filing of various forms with the Ministry of Corporate Affairs-reg.
Posted Date : 11-Feb-2013 , 05:10:05 pm | Posted By: CASANSAAR
General Circular No. 03/2013 Dated 08.02.2013,Relaxation of additional fees and extension of last date in filing of various forms with the Ministry of Corporate Affairs-reg.
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Corporate Laws |
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Bank Finance for Purchase of Gold
Posted Date : 11-Feb-2013 , 03:28:37 pm | Posted By: Vinay Sharma
RBI/2012-13/411UBD.BPD.(PCB) Cir No.36/13.05.001/2012-13
February 6, 2013
The Chief Executive OfficersAll Primary (Urban) Co-operative Banks
Madam / Dear Sir,
Bank Finance for Purchase of Gold
Please refer to our circularUBD.PCB.Cir.No 24/13.05.001/08-09 dated November 10, 2008on ‘Advances against Pledge of Gold / silver ornaments’ advising UCBs to observe certain safeguards while granting loan against pledge of gold/ silver ornaments.
2.In terms of announcements made in para...
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CBDT directs CCIT/DGIT to fix responsibility of officials liable in case of delay in forwarding SLPs proposals
Posted Date : 11-Feb-2013 , 03:02:31 pm | Posted By: Vinay Sharma
SECTION 261 OF THE INCOME-TAX ACT, 1961 - SUPREME COURT - APPEALS TO - DELAY IN FILING OF SLP IN SUPREME COURT - FIXING OF RESPONSIBILITY
LETTER NO. DGIT (L&R)/SOP FOR SLP/2012-13/04, DATED 4-2-2013
Please refer to the above.
2.I am directed to say that the delay in filing of SLP is a serious cause of concern. One of the reasons for delay in filing of SLP is inordinate delay in receiving the SLP proposals in the Directorate of Legal & Research. Even after conveying the concern of th...
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Income Tax |
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FEMA (DEPOSIT) (SECOND AMENDMENT) REGULATIONS, 2013 - AMENDMENT IN SCHEDULE 3
Posted Date : 11-Feb-2013 , 02:55:54 pm | Posted By: Vinay Sharma
FEMA (DEPOSIT) (SECOND AMENDMENT) REGULATIONS, 2013 - AMENDMENT IN SCHEDULE 3
NOTIFICATION [NO.FEMA.253/2013/RB]/GSR 26(E), DATED 2-1-2013
In exercise of the powers conferred by clause (f) of sub-section (3) of section 6 and sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Deposit) Regulations, 2000 (Notification No. FEMA. 5/2000-RB, dated May 3, 2000), namely:...
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FEMA |
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AMENDMENT IN NOTIFICATION NO. SO 2685(E), DATED 6-11-2012 - EXEMPTIONS - INTEREST ON BONDS/DEBENTURES - SPECIFIED COMPANIES AUTHORIZED TO ISSUE TAX-FREE, SECURED, REDEEMABLE
Posted Date : 11-Feb-2013 , 02:50:49 pm | Posted By: Vinay Sharma
AMENDMENT IN NOTIFICATION NO. SO 2685(E), DATED 6-11-2012 - EXEMPTIONS - INTEREST ON BONDS/DEBENTURES - SPECIFIED COMPANIES AUTHORIZED TO ISSUE TAX-FREE, SECURED, REDEEMABLE,
NOTIFICATION NO. 10/2013
DATED 5-2-2013
SO 321(E),.In exercise of the powers conferred byitem (h) of sub-clause (iv) of clause (15) of section 10of theIncome-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India in theMinistry of Finance,...
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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), 2002
Posted Date : 11-Feb-2013 , 11:09:28 am | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/410 RPCD.RRB.RCB.BC.No. 63 /07.51.018/2012-13
January 30, 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
Please refer to our circular RPCD.CO.RRB.RCB.AML.No.6097/07.51.018/ 2012-13 dated December 13, 2012 on simplification of Know...
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RBI |
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Permission to standalone PDs for membership in SEBI approved Stock Exchanges for trading in corporate bonds
Posted Date : 11-Feb-2013 , 11:05:45 am | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/412 IDMD. PCD.No.2310/14.03.05/2012-13
February 06, 2013
All Standalone Primary Dealers (PDs)
Dear Sir/Madam,
Permission to standalone PDs for membership in SEBI approved Stock Exchanges for trading in corporate bonds
With a view to further developing the debt market in India, it has been decided to permit standalone PDs to become members of SEBI approved stock exchanges for the purpose of undertaking proprietary transactions in corporate bonds. While doing so, standal...
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RBI |
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Amendment in FTP (RE-2012)(2009-2014)- Post Export EPCG Scheme
Posted Date : 09-Feb-2013 , 07:05:02 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 and Industry
Department of Commerce
Udyog Bhawan
Notification No. 33 (RE-2012) /2009-2014
New Delhi, the 8th February, 2013
Subject: Amendment in FTP (RE-2012)(2009-2014)- Post Export EPCG Scheme
S.O (E) :In exercise of the powers conferred bySection 5of theForeign Trade (Development & Regulation) Act, 1992, as amended, read withparagraph 1.3of theF...
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DGFT |
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Issue of Custom House Agent License.
Posted Date : 09-Feb-2013 , 06:57:37 pm | Posted By: Vinay Sharma
Circular No. 06/2013-Customs
F. No. 494/4/2012-Cus.VI
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
*****
Room No.253-A, North Block,
New Delhi, dated the 6thFebruary, 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.
Sub...
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Custom |
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Amendment in Customs House Agents Licensing Regulations, 2004
Posted Date : 09-Feb-2013 , 06:56:14 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. 19/2013 – Customs (N.T.)
New Delhi, the 6thFebruary, 2013.
.
G.S.R._______(E) - Inexercise of the powers conferred by sub-section (2) of section 146 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following regulations, further to amend the Customs House ...
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Custom |
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Individuals of Bangladesh need not to take prior approval of RBI for opening an NRO Rupee account
Posted Date : 06-Feb-2013 , 01:43:01 pm | Posted By: Vinay Sharma
Fema (Deposit) (second Amendment) Regulations, 2013 - Amendment in Schedule 3
Notification [No.FEMA.253/2013/RB]/GSR 26(E), Dated 2-1-2013
In exercise of the powers conferred by clause (f) of sub-section (3) of section 6 and sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Deposit) Regulations, 2000 (Notification No. FEMA. 5/2000-RB, dated May 3, 2000), ...
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FEMA |
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Requirements of Reconstruction Scheme revised for Listed Companies and Stock Exchanges
Posted Date : 06-Feb-2013 , 01:41:29 pm | Posted By: Vinay Sharma
Scheme of Arrangement under the Companies Act, 1956 - Revised requirements for the Stock Exchanges and Listed Companies
CIRCULAR no. CFD/DIL/5/2013, DateD 4-2-2013
1. Vide Circular No. SEBI/CFD/SCRR/01/2009/03/09, dated September 3, 2009 ("Circular") certain requirements were prescribed for seeking exemption under sub-rule (7) of rule 19 of the Securities Contracts (Regulation) Rules, 1957 ("SCRR, 1957") from strict enforcement of clause (b) to sub-rule (2) of rule 19 by listed com...
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SEBI |
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IRDA [Insurance Advisory Committee (Meetings)](Amendment) Regulations, 2012
Posted Date : 06-Feb-2013 , 01:39:47 pm | Posted By: Vinay Sharma
IRDA [Insurance Advisory Committee (Meetings)] (First Amendment) Regulations, 2012 - Amendment in Regulation 1 and insertion of Regulation 3A
Notification F. No. IRDA/Reg/1/59/2013, Dated 11-1-2013
In exercise of powers conferred by clause (e) of sub-section (2) and sub-section (1) of section 26, read with section 25 of Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Authority in consultation with the Insurance Advisory Committee, hereby makes the following r...
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Corporate Laws |
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Clarification on availability of Deemed Export Benefits for supply of goods to Mega Power Projects.
Posted Date : 06-Feb-2013 , 01:38:24 pm | Posted By: Vinay Sharma
Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi- 110011
Policy Circular No.14(RE-2012/2009-14 Dated: 4th February, 2013
To
All Regional Authorities
All Customs Authorities
All Members of Trade
Subject: Clarification on availability of Deemed Export Benefits for supply of goods to Mega Power Projects.
Paragraph 8.2(f) of Foreign Trade Policy provides for grant of deemed ex...
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DGFT |
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Income-tax (First Amendment) Rules, 2013 - Insertion of rule 17CA and Form No. 10BC
Posted Date : 06-Feb-2013 , 01:35:44 pm | Posted By: Vinay Sharma
Income-tax (First Amendment) Rules, 2013 – Insertion of rule 17CA and Form No. 10BC
Notification No. 8/2013 [F. No. 142/20/2012-TPL], Dated 31-1-2013
In exercise of the powers conferred by clause (b) of section 13B, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1. (1) These rules may be called the Income-tax (First Amendment) Rules, 2013.
(2) They shall com...
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Income Tax |
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Gold Deposit Scheme, 1999 - Amendment in Notification No. GSR 634(E), dated 14-9-1999
Posted Date : 06-Feb-2013 , 01:24:48 pm | Posted By: Vinay Sharma
Income Tax - IT
Gold Deposit Scheme, 1999 - Amendment in Notification No. GSR 634(E), dated 14-9-1999
Notification No. GSR 46(E)
Dated 24-1-2013
The Central Government, with a view to bringing privately held stock of gold in circulation, reduce the country's reliance on import of gold and providing its owners with some income apart from freeing them from the problems of storage, movement and security of gold in their possession, had notified Gold Deposi...
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Income Tax |
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Amendment in Notification No 24(RE-2012)/2009-14 dated 19th October 2012 relating to export of edible oils.
Posted Date : 06-Feb-2013 , 01:23:43 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 32 (RE – 2012)/2009-2014
New Delhi, Dated : 5th February, 2013
Subject: Amendment in Notification No 24(RE-2012)/2009-14 dated 19th October 2012 relating to export of edible oils.
S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development &a...
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DGFT |
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Exemption to processed and/or value added agricultural products from the application of export restrictions/bans.
Posted Date : 06-Feb-2013 , 01:21:06 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 31 (RE - 2012)/2009-2014
New Delhi, Dated: 4th February, 2013
Subject:- Exemption to processed and/or value added agricultural products from the application of export restrictions/bans.
S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regu...
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DGFT |
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CBDT notifies Electoral Trusts Scheme, 2013
Posted Date : 04-Feb-2013 , 09:31:05 am | Posted By: CASANSAAR
INCOMETAX NOTIFICATION NO-09/2013, Dated: January 31, 2013
Electoral Trusts Scheme, 2013 notified by CBDT
Inexerciseof the powers conferred by clause (22AAA) of section 2 of theIncome-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following scheme for approval of electoral trusts, namely:-
1. Short title, commencement andapplication– (1) This Scheme may be called theElectoral Trusts Scheme, 2013.
(2) It shall come into force on thedate ofits publication in the Of...
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Income Tax |
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Amends Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001
Posted Date : 01-Feb-2013 , 05:41:07 pm | Posted By: Vinay Sharma
Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)
Notification No. 16/2013 – Customs (N. T.)
New Delhi,31stJanuary, 2013
11Magha, 1934 (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 necessary and expedient so to do, hereby makes the following amendment in the notificatio...
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Custom |
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Last date for filing of Cost Audit Report and Compliance Report in XBRL mode further extended to 28-2-2013
Posted Date : 01-Feb-2013 , 05:34:35 pm | Posted By: Vinay Sharma
FILING OF COST AUDIT REPORT AND COMPLIANCE REPORT IN THE EXTENSIBLE BUSINESS REPORTING LANGUAGE (XBRL) MODE - FURTHER EXTENSION OF LAST DATE FOR FILING OF COST AUDIT REPORT & COMPLIANCE REPORT IN XBRL MODE
GENERAL CIRCULAR NO. 2/2013 [52/17/CAB-2011], DATED 31-1-2013
In continuation of MCA's GeneralCircular Nos. 8/2012, dated 10-5-2012[as amended on June 29, 2012],18/2012, dated 26-7-2012and43/2012, dated 26-12-2012, it has been decided that all cost auditors and the companies concerned...
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Corporate Laws |
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Disclosure Requirements on Advances Restructured by Banks and Financial Institutions
Posted Date : 01-Feb-2013 , 05:31:31 pm | Posted By: Vinay Sharma
RBI/2012-13/409DBOD.BP.BC.No.80/21.04.132/2012-13
January 31, 2013
All Scheduled Commercial Banks(excluding RRBs)
Dear Sir,
Disclosure Requirements on Advances Restructured by Banks andFinancial Institutions
Please refer to paragraph 16 of Master Circular on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances dated July 2, 2012 in terms of which banks should disclose in their published Annual Balance Sheets, under "Notes on Accounts", inf...
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FEMA |
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Financial Literacy Material
Posted Date : 01-Feb-2013 , 05:30:18 pm | Posted By: Vinay Sharma
RBI/2012-13/408RPCD.FLC.No.7641/12.01.018/2012-13
January 31, 2013
To Chairman/CMDs of Scheduled Commercial Banks(including RRBs)
Dear Sir
Financial Literacy Material
Please refer to ourcircular RPCD.FLC.No.12452/12.01.018/2011-12 dated June 6, 2012regarding revised guidelines on the Financial Literacy Centres (FLC), in terms of which it was advised that FLCs and all the rural branches of scheduled commercial banks should scale up financial literacy efforts through conduct of outdoor Fina...
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RBI |
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Standing Liquidity Facilities for Banks and Primary Dealers
Posted Date : 30-Jan-2013 , 12:43:21 pm | Posted By: Vinay Sharma
RBI/2012-13/400 REF.No.MPD.BC.361 /07.01.279/2012-13
Magha 9, 1934 (Saka) January 29, 2013
To
All Scheduled Banks [excluding Regional Rural Banks(RRBs) ] and Primary Dealers
Dear Sir/Madam,
Standing Liquidity Facilities for Banks and Primary Dealers
Please refer to the Third Quarter Review of Monetary Policy 2012-13 dated January 29, 2013, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been decreased by 25 basis points from 8.00 per cent to 7.75 p...
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RBI |
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