Efiling of Q3 punjab vat returns to start from 31-01-2013
Posted Date : 29-Jan-2013 , 08:53:25 am | Posted By: CASANSAAR
GOVT. of PUNJAB
Excise and Taxation Department
PUBLIC NOTICE
Dated: 28th January 2013
Attention: All VAT Dealers, Advocates, Chartered Accountants and Cost Accountants
Subject: Update on launch date for e-Filing of VAT 15
1. This is to inform all concerned that the e-Filing of VAT 15 for 3rdquarter of Financial Year2012-13 would tentatively start from 31stJanuary 2013.
2. For all information and queries related to e-Filing of VAT 15, please email athelpdesk.pex@wipro.com or call t...
Continue Reading...
Category :
VAT |
Comments :
0 | Hits : 1160
|
 |
System Assisted Assessment on the basis of 2A and 2B data mismatch for Tax period July, August, September, 2012.
Posted Date : 28-Jan-2013 , 05:55:49 pm | Posted By: Vinay Sharma
DEPARTMENT OF TRADE AND TAXES
VYAPAR BHAWAN, I.P.ESTATE, NEW DELHI-110002
PUBLIC NOTICE
Sub: System Assisted Assessment on the basis of 2A and 2B data mismatch for Tax period July, August, September, 2012.
The date of assessment to be framed on the basis of mismatch between 2A and 2B data filed by dealers has been extended by two weeks and the assessment and penalty orders will be issued within next five working days.
All dealers are, therefore, requested to check the status of online a...
Continue Reading...
Category :
VAT |
Comments :
0 | Hits : 1224
|
|
Notification No. 1-CA(7)/145/2012 dated August 1, 2012, a CPT candidate
Posted Date : 27-Jan-2013 , 08:55:28 pm | Posted By: Mrattunjay
As per amended Regulations to the Chartered Accountants Regulations 1988 vide Notification No. 1-CA(7)/145/2012 dated August 1, 2012, a CPT candidate shall be declared to have passed the test if he obtains at one sitting a minimum of 30% marks in each section and a minimum of 50% marks in aggregate of all the sections, subject to the principle of negative marking....
Continue Reading...
Category :
Students Zone |
Comments :
0 | Hits : 1735
|
|
Mechanism for
Posted Date : 25-Jan-2013 , 06:51:38 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/04/2013, dated 25-1-2013
1. Comprehensive guidelines on sale of shares through OFS mechanism were issued vide Circular No. MRD/DP/18/2012, dated July 18, 2012. Based on past experience of sale of shares through OFS, the mechanism of OFS has been found to be useful by market participants and popular for offloading shares of promoters in listed companies in ord...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 945
|
|
Deduction Of Tax At Source - Interest Other Than Interest On Securities
Posted Date : 25-Jan-2013 , 04:30:43 pm | Posted By: Vinay Sharma
Income Tax - IT
Deduction Of Tax At Source - Interest Other Than Interest On Securities
Notification No. 4/2013
Dated 24-1-2013
In exercise of the powers conferred by sub-clause (f) of clause (iii) of sub-section (3) of section 194A of the Income-tax Act, 1961 the Central Government hereby notifies the National Skill Development Fund (PAN AABTN5824G) for the purpose of sub-clause (f) clause (iii) of sub-section (3) of said section.
[F.NO.275/28/2012-IT(...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1276
|
|
RBI suggests Banks to opt
Posted Date : 25-Jan-2013 , 04:27:51 pm | Posted By: Vinay Sharma
Retail issue of Subordinated Debt for raising Tier II capital
circular DBOD.BP.BC. No.72/21.01.002/2012-13, dated 24-1-2013
Please refer to our circular DBOD.BP.BC.No.69/21.01.002/2009-10, dated January 13, 2010 on the above subject, advising banks to adhere to certain conditions, while issuing subordinated debt to retail investors, for raising Tier II regulatory capital.
2. With a view to deepening the corporate bond market in India through enhanced retail participation, banks, wh...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 900
|
|
SEBI Prescribes Guidelines for providing dedicated Debt Segment on Stock Exchanges
Posted Date : 25-Jan-2013 , 11:50:25 am | Posted By: Vinay Sharma
CIR/MRD/DP/03/2013 January 24, 2013 To
All Stock Exchanges and Clearing Corporations
Dear Sir / Madam,
Sub: Guidelines for providing dedicated Debt Segment on Stock Exchanges.
1. The market for debt securities differs from equity markets in several ways such as risk, returns, liquidity, type of participants and method of trading. While publicly issued debt securities are listed, traded and settled in a manner similar to equity, privately placed debt is usually traded between ins...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1091
|
|
nterest Rates on and Premature Withdrawal of Rupee Term Deposits
Posted Date : 25-Jan-2013 , 11:20:18 am | Posted By: Vinay Sharma
RBI/2012-13/393 DBOD.No.Dir.BC. 74/13.03.00/2012-13
January 24, 2013
All Scheduled Commercial Banks (excluding RRBs)
Dear Sir/Madam
Interest Rates on and Premature Withdrawal of Rupee Term Deposits
In terms of our mailbox clarification dated May 16, 2007, deposits of `15 lakh or any higher threshold approved by the Boards of banks have been termed “wholesale deposits”. The term “bulk deposit”, though not specifically defined, has been inter-changeably used wi...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 964
|
|
Memorandum of Instructions for Opening and Maintenance of Rupee/Foreign Currency Vostro Accounts of Non-resident Exchange Houses
Posted Date : 25-Jan-2013 , 11:16:54 am | Posted By: Vinay Sharma
RBI/2012-13/394
A. P. (DIR Series) Circular No. 81
January 24, 2013
To,
All Authorised Dealer Category - I Banks
Madam/Sir,
Memorandum of Instructions for Opening and Maintenance of Rupee/Foreign Currency Vostro Accounts of Non-resident Exchange Houses
Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to Part (B) of Annex-I to the A.P. (DIR Series) Circular No. 28 [A. P. (FL/RL Series) Circular No. 02] dated February 6, 2008 on the captioned subj...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 936
|
|
SEBI prescribes guidelines for identification of beneficial ownership by registered intermediaries
Posted Date : 24-Jan-2013 , 07:29:41 pm | Posted By: Vinay Sharma
Guidelines on Identification of Beneficial Ownership
CIRCULAR NO. MIRSD/2/2013, DATED 24-1-2013
1. SEBI Master Circular No. ISD/AML/3/2010 dated December 31, 2010 has mandated all registered intermediaries to obtain, as part of their Client Due Diligence policy, sufficient information from their clients in order to identify and verify the identity of persons who beneficially own or control the securities account. The beneficial owner has been defined in the circular as the natural...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1093
|
|
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations, 2013
Posted Date : 24-Jan-2013 , 07:24:33 pm | Posted By: Vinay Sharma
Reserve Bank of India
Foreign Exchange Department
Central Office
Mumbai- 400 001
Notification No. FEMA. 255/2013-RB
Dated January 19, 2013
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations, 2013
In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the following amendment...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1109
|
|
Foreign investment in India by SEBI registered FIIs in Government securities and corporate debt
Posted Date : 24-Jan-2013 , 02:09:42 pm | Posted By: Vinay Sharma
RBI/2012-13/391 A. P. (DIR Series) Circular No.80
January 24, 2013
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Foreign investment in India by SEBI registered FIIs in Government securities and corporate debt
Attention of Authorized 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 vide Notification No. FEMA.20/2000-RB dated Ma...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1016
|
|
Filing of online DVAT returns for third quarter of 2012-13 is extended
Posted Date : 24-Jan-2013 , 02:05:49 pm | Posted By: Vinay Sharma
Filing of online returns for third quarter of 2012-13.
In order to facilitate' the filling of online DVAT/CST returns, in exercise ofthe powers conferred under Rule 49A of the DVAT Rules, 2005, the last date ofonline filing of return for the third quarter of 2012-13 is extended upto 01.02.2013.
The last date of filing of hard copy of the return for the above return period is alsoextended upto 05.02.2013.
However, the tax due for the above mentioned period shall be deposited as per the...
Continue Reading...
Category :
VAT |
Comments :
0 | Hits : 2761
|
|
increase in basic custom duty on all types of crude edible oil.
Posted Date : 24-Jan-2013 , 11:33:46 am | 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. 02/2013-Customs
New Delhi, the 23rd January, 2013
G.S.R. (E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amen...
Continue Reading...
Category :
Custom |
Comments :
0 | Hits : 1404
|
|
Amends Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001
Posted Date : 24-Jan-2013 , 11:32:09 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 Finance
(Department of Revenue)
(Central Board of Excise and Customs)
Notification No. 08/2013 – Customs (N. T.)
New Delhi, 23rd January, 2013
3 Magha, 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 th...
Continue Reading...
Category :
Custom |
Comments :
0 | Hits : 1448
|
|
Policy of fixing new appeals on 60th day of its filing dispensed with due to increased pendency at Delhi Benches
Posted Date : 23-Jan-2013 , 02:23:42 pm | Posted By: Vinay Sharma
ITAT's note on department's General Grievances in the matter of representation and adjudication of cases fixed before each bench of ITAT Delhi
NOTE, dated 21-1-2013
The CIT-DR (Admn.), vide letter dated 27th December, 2012, (Annexure) has expressed their grievance with regard to cases fixed before each Bench, which usually exceed 20. She has stated that due to paucity of manpower with the Department and the large number of fixation, it becomes very difficult for the Departmental Repre...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1064
|
|
Exchange Earner\'s Foreign Currency (EEFC) Account, Diamond Dollar
Posted Date : 23-Jan-2013 , 01:56:12 pm | Posted By: KIRANGI KANSARA
To
All Category - I Authorized Dealer Banks
Madam/ Sir,
Exchange Earner's Foreign Currency (EEFC) Account, Diamond Dollar
Account (DDA) & Resident Foreign Currency (RFC) Domestic Account
Attention of Authorised Dealer (AD) Category - I banks is invited to
A.P. (DIR Series)
Circulars Nos. 15
, 124, 128, 8 and 12 dated November 30, 2006, May 10, 2012, May
16, 2012, July 18, 2012 and July 31, 2012 respectively, in terms of which all the foreign
exchange earners were per...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 926
|
|
RBI permits forex earners to purchase foreign exchange even if some balance exists in their EEFC account
Posted Date : 23-Jan-2013 , 01:07:54 pm | Posted By: Vinay Sharma
Exchange Earner's Foreign Currency (EEFC) Account, Diamond Dollar Account (DDA) & Resident Foreign Currency (RFC) Domestic Account
A. P. (DIR Series 2012-13) Circular No. 79, dated 22-1-2013
Attention of Authorised Dealer (AD) Category - I banks is invited to A.P. (DIR Series) Circulars Nos. 15, 124, 128, 8 and 12, dated November 30, 2006, May 10, 2012, May 16, 2012, July 18, 2012 and July 31, 2012 respectively, in terms of which all the foreign exchange earners were permi...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1135
|
|
SEBI (INVESTMENT ADVISERS) REGULATIONS, 2013
Posted Date : 23-Jan-2013 , 12:42:36 pm | Posted By: CA.VIRAL JANI
In exercise of the powers conferred by sub-section (1) of Section 30 read with clause (b) of sub-section (2) of Section 11 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby, makes the following regulations, namely, -
CHAPTER I
PRELIMINARY
Short title and commencement.
1.(1) These regulations may be called the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013.
(2) These regulations shall come...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1148
|
|
External Commercial Borrowings (ECB) Policy
Posted Date : 22-Jan-2013 , 10:01:08 pm | Posted By: Vinay Sharma
RBI/2012-13/387
A.P. (DIR Series) Circular No.78
January 21, 2013
To,
All Category - I Authorised Dealer Banks
Madam/Sir,
External Commercial Borrowings (ECB) Policy –Repayment of Rupee loans and/or fresh Rupee capital expenditure – USD 10 billion scheme
Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 134 dated June 25, 2012 and A.P. (DIR Series) Circular No. 26 dated September 11, 2012.
2. As per the extant...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1220
|
|
Amends Notification No. 12/2012-Central Excise, dated the 17th March, 2012
Posted Date : 22-Jan-2013 , 03:07:05 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.1 /2013-Central Excise
New Delhi, the 21st January, 2013
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, on being satisfied that it is necessary in the public interest so to do, hereby makes the following ...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 1251
|
|
Amends Notification No. 12/2012-Customs, dated the 17th March, 2012
Posted Date : 22-Jan-2013 , 03:05:59 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. 1 /2013-Customs
New Delhi, the 21st January, 2013
G.S.R. (E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs 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...
Continue Reading...
Category :
Custom |
Comments :
0 | Hits : 1301
|
|
SEBI (Investment Advisers) Regulations, 2013 notified
Posted Date : 22-Jan-2013 , 02:07:26 pm | Posted By: Vinay Sharma
SEBI (INVESTMENT ADVISERS) REGULATIONS, 2013
NOTIFICATION No. LAD-NRO/GN/2012-13/31/1778, dated 21-1-2013
In exercise of the powers conferred by sub-section (1) of Section 30 read with clause (b) of sub-section (2) of Section 11 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby, makes the following regulations, namely, -
CHAPTER I
PRELIMINARY
Short title and commencement.
1. (1) These regulations may be called the ...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1299
|
|
Posted Date : 21-Jan-2013 , 04:04:24 pm | Posted By: Vinay Sharma
SEBI Board Meeting - Review of Offer for Sale (OFS) through stock exchange mechanism; Margin Requirement for Institutional orders placed in OFS and Visibility of order book, etc.
Press Release No. 17/2013, dated 18-1-2013
The SEBI Board met in Chennai today and took the following decisions:
1. Review of Offer for Sale (OFS) through stock exchange mechanism
The Board noted that the OFS mechanism has been found to be useful by market participants and popular for offloading shares of pro...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1203
|
|
Settlement of Claims in respect of Deceased Depositors
Posted Date : 21-Jan-2013 , 01:41:04 pm | Posted By: Vinay Sharma
RBI/2012-13/386 UBD.BPD.(PCB)CIR No. 32/13.01.000/2012-13
January 21, 2013
The Chief Executive Officers All Primary (Urban) Co-operative Banks
Dear Sir,
Settlement of Claims in respect of Deceased Depositors – Simplification of Procedure - UCBs
Please refer to paragraph 2 of our circular UBD.BPD.CIR No.4/13.01.000/ 2005-06 dated July 14, 2005 on the captioned subject. In case of access to balance in deposits accounts with survivor /nominee clause, UCBs were advised that while m...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1156
|
|
DTTA - AGREEMENT FOR AVOIDANCE OF DOUBLE TAXATION AND PREVENTION OF FISCAL EVASION WITH FOREIGN COUNTRIES - NETHERLANDS
Posted Date : 19-Jan-2013 , 06:02:01 pm | Posted By: Vinay Sharma
SECTION 90 OF THE INCOME-TAX ACT, 1961 - DOUBLE TAXATION AGREEMENT - AGREEMENT FOR AVOIDANCE OF DOUBLE TAXATION AND PREVENTION OF FISCAL EVASION WITH FOREIGN COUNTRIES - NETHERLANDS - AMENDMENT IN NOTIFICATION NO.GSR 382(E), DATED 27-3-1989
NOTIFICATION NO. 2/2013 [F.NO.501/02/1983-FTD-I], DATED 14-1-2013
WHEREAS a Protocol for amending the Convention between the Republic of India and the Kingdom of the Netherlands for the avoidance of double taxation and for the prevention of fiscal e...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1361
|
|
KYC Norms/AML Standards/Combating Financing of Terrorism/Obligation of banks under PMLA, 2002
Posted Date : 19-Jan-2013 , 01:37:40 pm | Posted By: Vinay Sharma
RBI/2012-13/385 DBOD.AML.BC. No.71/14.01.001/2012-13
January 18, 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
Please refer to paragraph 2.4 (a) of Master Circular DBOD.AML.BC. No.11/14.01.001/2012-13 dated July...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 936
|
|
RBI advised Authorized dealers to ensure compliance of FEMA provisions to avoid penalty burden
Posted Date : 18-Jan-2013 , 04:40:51 pm | Posted By: Vinay Sharma
Reporting under Foreign Exchange Management Act, 1999
A.P. (DIR Series 2012-13) Circular No. 76, dated 17-1- 2013
In terms of section 11(2) of FEMA, 1999, the Reserve Bank may, for the purpose of ensuring the compliance with the provisions of the Act or of any rule, regulation, notification, direction or order made thereunder, direct any authorized person to furnish such information, in such manner, as it deems fit. Accordingly, RBI has entrusted to the Authorised Dealers (ADs) the r...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1236
|
|
Rate of exchange of conversion of each of the foreign currency with effect from 18th January, 2013
Posted Date : 18-Jan-2013 , 02:31:29 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. 05/2013-Customs (N.T.)
DATED THE 17th January, 2013
27 Pausa, 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 Finan...
Continue Reading...
Category :
Custom |
Comments :
0 | Hits : 917
|
|
Reporting under Foreign Exchange Management Act, 1999 (FEMA)
Posted Date : 18-Jan-2013 , 02:29:34 pm | Posted By: Vinay Sharma
RBI/2012-13/383 A.P. (DIR Series) Circular No. 76
January 17, 2013
To
All Category - I Authorised Dealer Banks
Madam /Sir,
Reporting under Foreign Exchange Management Act, 1999 (FEMA)
In terms of Section 11 (2) of FEMA, 1999, the Reserve Bank may, for the purpose of ensuring the compliance with the provisions of the Act or of any rule, regulation, notification, direction or order made thereunder, direct any authorized person to furnish such information, in such manner, as it deem...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1358
|
|
|
|
