The Companies Directors Identification Number(Third Amendment) Rules 2012-DIN1
Posted Date : 26-Dec-2012 , 04:49:00 pm | Posted By: Vinay Sharma
Companies Directors Identification Number (Third Amendment) Rules, 2012 - amendment in form no. DIN-1
NOTIFICATION [F.NO. 5/80/2012-CLV], DATED 24-12-2012
In exercise of the powers conferred by clause (a) and (b) of sub-section (1) of section 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: -
Short title and com...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 953
|
 |
KYC norms /AML Standards/CFT)/Obligation of banks under PMLA, 2002
Posted Date : 26-Dec-2012 , 04:15:12 pm | Posted By: Vinay Sharma
RBI/2012-13/342 UBD.BPD (PCB) Cir. No. 28/14.01.062/2012-13
December 19, 2012
The Chief Executive Officer of All Primary (Urban) Co-operative Banks
Madam/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 Master Circular UBD.BPD. (PCB) MC.No.16/12.05.001/2012-13 dated July 2, 2012 on Know Your Customer (KYC) norms / An...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 853
|
|
DVAT 51 reconciliation return Qtr 1 to 4 of 2011-12 extended to 28/02/2013
Posted Date : 26-Dec-2012 , 01:33:35 pm | Posted By: CASANSAAR
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI
DEPRTMENT OF TRADE AND TAXES
VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110002
No.F.3(33)/P-II/ VAT/ Misc./2006/ Dated:
ORDER
In exercise of the powers conferred under Rule 49A of the Delhi Value Added Tax Rules,2005, sub-section (2) of section 9 of the Central Sales Tax Act, 1956 and sub-rule (7) of Rule 12 of theCentral Sales Tax (Registration and Turnover) Rules; 1957, I, Prashant Goyal, Commissioner, ValueAdded Tax, Government of Nationa...
Continue Reading...
Category :
VAT |
Comments :
0 | Hits : 1267
|
|
Seeks to Amend Notification No.12/2012-Cus dated 17th March 2012
Posted Date : 26-Dec-2012 , 11:28:20 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.62 / 2012 - Customs
New Delhi, the 21st December, 2012
G.S.R.921 (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 furth...
Continue Reading...
Category :
Custom |
Comments :
0 | Hits : 874
|
|
MCA:The Companies Directors Identification Number(Third Amendment) Rules 2012-DIN4
Posted Date : 26-Dec-2012 , 08:59:22 am | Posted By: Akanksha Handa
The Companies Directors Identification Number(Third Amendment) Rules 2012-DIN4.CLICK TO SEE CIRCULAR...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 1365
|
|
Broadband on Demand - Migration from IPv4 to IPv6
Posted Date : 25-Dec-2012 , 10:01:16 pm | Posted By: Vinay Sharma
RBI/2012-13/344 DPSS.CO.AD.No.984/02.27.005/2012-13
December 20, 2012
The President / Managing Director / CEO All Payment System Operators Authorised under the PSS Act, 2007
Madam / Dear Sir,
Broadband on Demand - Migration from IPv4 to IPv6
As you may be aware the Government has envisaged providing “Broadband on Demand” by 2015 in the recently unveiled National Telecom Policy (NTP) – 2012 emphasizing the role of Internet as catalyst for socio-economic development...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 799
|
|
Seeks to amend Notification No.25/2012 -Service Tax dated 20.06.2012
Posted Date : 25-Dec-2012 , 05:03:50 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.49 /2012 - Service Tax
New Delhi, the 24th December, 2012
G.S.R....(E)- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further ame...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 1420
|
|
The Co-operative Banks (Nomination) Rules, 1985 - Clarifications
Posted Date : 25-Dec-2012 , 03:51:05 pm | Posted By: Vinay Sharma
The Co-operative Banks (Nomination) Rules, 1985 - Clarifications
RBI/2012-13/348 RPCD.CO. RCB.BC.No. 6335/07.51.010/2012-13
December 24, 2012
The Chairmen / CEOs of all State and Central Co-operative Banks
Dear Sir/Madam,
The Co-operative Banks (Nomination) Rules, 1985 - Clarifications
As you are aware, the Co-operative Banks (Nomination) Rules, 1985 have been framed in exercise of powers conferred under Section 52, read with Sections 45-ZA, 45-ZC, 45-ZE and 56 of the Banking Re...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 875
|
|
Special Deposit Scheme 1975
Posted Date : 25-Dec-2012 , 03:50:10 pm | Posted By: Vinay Sharma
Special Deposit Scheme 1975 – Payment of interest for the calendar year 2012
RBI/2012-13/347 DGBA.CDD. No. H- 3415 /15.01.001 / 2012-13
December 24, 2012
The Chairman & Managing Director Head Office Government Accounts Department State Bank of India / State Bank of Patiala State Bank of Bikaner & Jaipur /State Bank of Travancore State Bank of Hyderabad / State Bank of Mysore Allahabad Bank / Bank of Baroda / Bank of India / Bank of Maharashtra/ Canara Bank / Central Ba...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 783
|
|
External Commercial Borrowings (ECB) for Micro Finance Institutions (MFIs) and Non-Government Organizations (NGOs)
Posted Date : 22-Dec-2012 , 04:00:39 pm | Posted By: Vinay Sharma
RBI/2012-13/346
A.P. (DIR Series) Circular No. 63
December 20, 2012
To
All Category-I Authorised Dealer Banks
Madam/Sir,
External Commercial Borrowings (ECB) for Micro Finance Institutions (MFIs) and Non-Government Organizations (NGOs) - engaged in micro finance activities under Automatic Route
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, notified vide Notific...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 822
|
|
CL: Central Government notifies MCX Stock Exchange under Companies Act
Posted Date : 22-Dec-2012 , 03:40:02 pm | Posted By: Vinay Sharma
Section 2(39) of the Companies act, 1956 - recognized stock exchange - notified recognized stock exchange - amendment in notification no. gsr 1060(e), dated 21-12-1989
Notification [F. No. 3/2/2012 - CL-V], dated 21-12-2012
In pursuance of clause (39) of section 2 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following further amendment in the notification of the Government of India in the erstwhile Ministry of Industry (Department of Company Affairs) num...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 936
|
|
Government Reviews Foreign investment Policy for Assets Reconstruction Sector
Posted Date : 22-Dec-2012 , 03:30:10 pm | Posted By: Vinay Sharma
Government Reviews Foreign investment Policy for Assets Reconstruction Sector; Ceiling for FDI in ARCs increased from 49% to 74% The Central Government had permitted Foreign Direct Investment (FDI) in the equity capital of Asset Reconstruction Company (ARCs) upto 49% vide Press Release dated 08.11.2005. Further, on 09.11.2005, the Government permitted the Foreign Institutional Investors (FIIs) registered with the Securities and Exchange Board of India (SEBI) to invest in Security Receip...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 811
|
|
EPFO puts on hold implementation of its circular on PF
Posted Date : 22-Dec-2012 , 01:31:48 pm | Posted By: Vinay Sharma
EPFO has kept in abeyance, its circular that seeks to tighten norms for initiation of inquiry against employers in PF cases and clubbing of allowances with basic wages for computing PF contribution Amid pressure from trade unions, Employees' Provident Fund Organisation (EPFO) has kept in abeyance, its circular that seeks to tighten norms for initiation of inquiry against employers in provident fund (PF) cases and clubbing of allowances with basic wages for computing PF contribution, report...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 1083
|
|
Filing of Form 68 for rectification of mistakes in Form 1,Form 1A and Form 44
Posted Date : 21-Dec-2012 , 08:55:27 pm | Posted By: CASANSAAR
General Circular No. 42/2012 DATED 21.12.2012.Filing of Form 68 for rectification of mistakes in Form 1,Form 1A and Form 44
CLICK HERE FOR CIRCULAR...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 1077
|
|
Standardisation and Enhancement of Security Features in Cheque Forms - Migrating to CTS 2010 Standards
Posted Date : 21-Dec-2012 , 08:49:37 pm | Posted By: CASANSAAR
RBI/2012-13/345DNBS.PD/ CC.NO.316/03.10.001/2012-13
December 20, 2012
All NBFCs
Dear Sir/Madam,
Standardisation and Enhancement of Security Features in Cheque Forms - Migrating to CTS 2010 Standards
A reference is invited to ourCircular No DNBS.PD/ CC.NO.308 /03.10.001/2012-13 November 6, 2012advising all NBFCs to ensure replacement of all Non-CTS-2010 standard compliant cheques received from their customers for future EMI payments by December 31, 2012.
2. Representations have been receive...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 897
|
|
Clarification regarding payment of tax on monthly basis by Quarterly Dealers whose tax liability exceeds one lakh rupees.
Posted Date : 21-Dec-2012 , 03:57:25 pm | Posted By: Vinay Sharma
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHIDEPARTMENT OF TRADE AND TAXES (Policy Branch)VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002No. F.3(11)/P-II/VAT/MISC/2012/ Pt. File / 983-989 Date: 14-12-2012CIRCULAR No 26 OF 2012-13
Sub: Clarification regarding payment of tax on monthly basis by QuarterlyDealers whose tax liability exceeds one lakh rupees.
Dealers having ‘Quarter’ as tax period and having net tax liability exceedingRupees One lakh during the last financial year or c...
Continue Reading...
Category :
VAT |
Comments :
0 | Hits : 1081
|
|
mca:Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode for the financial year commencing on or after 01.04.2011-Corrigendum to General Circular No:39/2012.
Posted Date : 21-Dec-2012 , 09:02:29 am | Posted By: Akanksha Handa
Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode for the financial year commencing on or after 01.04.2011-Corrigendum to General Circular No:39/2012.Click to see circular...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 810
|
|
SEBI : Norms for
Posted Date : 20-Dec-2012 , 01:10:29 pm | Posted By: Vinay Sharma
Requirement of Base Minimum Capital for Stock Broker and Trading Member
CIRCULAR No. MRD/DRMNP/36/2012, dated 19-12-2012
1. SEBI vide circular No. SMD/SED/RCG/270/96, dated January 19, 1996, and circular No. MRD/DoP/SE/Cir-07/2005 dated February 23, 2005 had prescribed the requirement of Base Minimum Capital (BMC) for stock brokers trading on stock exchange. BMC is the deposit given by the member of the exchange against which no exposure for trades is allowed.
2. The BMC deposit requirem...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 982
|
|
Corrigendum to General Circular No: 39/2012 related to XBRL Filing Due Date
Posted Date : 19-Dec-2012 , 10:55:24 am | Posted By: Vinay Sharma
General Circular No: 41/2012, Dated 18.12.2012
Sub: Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode for the financial year commencing on or after 01.04.2011- Corrigendum to General Circular No: 39/2012.
In continuation to General Circular No: 39/2012 dated 12.12.2012 of this Ministry on the Subject cited above, the following words in Para-1 “or within 30 days from the date of AGM of the company” should be read as &ldqu...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 870
|
|
DVAT
Posted Date : 19-Dec-2012 , 10:46:31 am | Posted By: Vinay Sharma
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI
DEPARTMENT OF TRADE AND TAXES (Policy Branch)
VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002
No.F.7(496)/Policy/VAT/2012/976-982
Date:14-12-2012
CIRCULAR No 25 OF 2012-13
The Govt. of India has recently taken initiative of digitizing the Indian Television Industry in the next three years. As a result set top boxes were expected to be placed/installed by various cable operators in Delhi region by 31.10.2012, the deadline imposed by the Mi...
Continue Reading...
Category :
VAT |
Comments :
0 | Hits : 931
|
|
Indo
Posted Date : 15-Dec-2012 , 10:25:45 pm | Posted By: Vinay Sharma
PUBLIC NOTICE NO. 30 (RE-2012)/2009-2014
NEW DELHI, DATED THE 16th NOVEMBER, 2012
Subject: Indo–Myanmar Border Trade.
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-14 and in supersession of Public Notice No. 289(PN)/92-97 dated 10th April, 1995 and Public Notice No. 106(RE-2008)/2004-2009 dated 7th November, 2008, the Director General of Foreign Trade hereby makes the following arrangements with a view to promote Indo-Myanmar Border Trade:
2. ...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 1167
|
|
DGFT
Posted Date : 15-Dec-2012 , 10:25:20 pm | Posted By: Vinay Sharma
PUBLIC NOTICE No.29 (RE-2012)/2009-14, NEW DELHI the12th November, 2012
Sub:- Amendment in Appendix 25B HBP Vol. I (Appendices and Aayat Niryat Forms) regarding of Bank Guarantee (BG)/ Legal Agreement (LUT).
In exercise of powers conferred under Para 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following amendments in Note for Guidance attached to the Appendix 25B of Handbook of Procedures (Vol.1) (Appendices and Aayat Niryat Forms) ...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 1150
|
|
Amendment in Para 8.3.1(i) of the Handbook of Procedures Vol.I, 2009-14
Posted Date : 15-Dec-2012 , 10:24:46 pm | Posted By: Vinay Sharma
PUBLIC NOTICE No. 31 (RE 2012)/ 2009-14, Dated: the 21st November, 2012
Subject: Amendment in Para 8.3.1(i) of the Handbook of Procedures Vol.I, 2009-14 – claim of TED by recipient of goods.
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of foreign Trade hereby amends Para 8.3.1(i) of the Handbook of Procedures, Vol.I, 2009-14 by adding the sentence at the end of the Para, “Recipient may also claim TED refund on ...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 978
|
|
Procedure and conditions for registration of contracts for export of cotton
Posted Date : 15-Dec-2012 , 10:24:15 pm | Posted By: Vinay Sharma
Notification No. 26 (RE-2012)/2009-14
New Delhi, Dated 30th November, 2012
Subject:- Procedure and conditions for registration of contracts for export of cotton (Tariff Codes 5201 and 5203)- amendment thereof.
S.O. (E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-14, the Central Government hereby amends the procedure and conditions for registration of ...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 904
|
|
CLB Chairman can now transfer matter pending before a Regional Bench to other Regional Bench
Posted Date : 15-Dec-2012 , 10:21:22 pm | Posted By: Vinay Sharma
Company law board regulations, 1991 – Order under section 10(e)(6)(4b) of companies act, 1956 for amendment in regulation 4 of said regulations
ORDER [FILE NO. 10/36/2001-CLB], DATED 7-12-2012
In exercise of the powers conferred by sub-section (4B) and sub-section (6) of section 10(E) of the Companies Act, 1956 (1 of 1956) read with Regulation 4 of the Company Law Board Regulations, 1991, the Chairman, Company Law Board, hereby, makes the following Regulations further to amend the ...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 857
|
|
Core Investment Companies
Posted Date : 15-Dec-2012 , 10:05:02 pm | Posted By: Vinay Sharma
RBI/2012-13/314 DNBS (PD) CC.No.311/03.10.001/2012-13
December 06 , 2012
All Core Investment Companies
Dear Sirs,
Core Investment Companies – Overseas Investment (Reserve Bank) Directions, 2012
Please refer to the Non-Banking Financial Companies (Opening of Branch/Subsidiary/Joint Venture/Representative Office or Undertaking Investment Abroad by NBFCs) Directions, 2011 dated June 14, 2011. The Directions have specified general and specific conditions for overseas investment by NBF...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 929
|
|
Who is Willful Defaulters?
Posted Date : 15-Dec-2012 , 10:04:27 pm | Posted By: Vinay Sharma
Willful Defaulters
Reserve Bank of India (RBI) collects on quarterly basis, the information on Willful Defaulters (non-suit filed accounts) of Rs. 25 lakh and above from Banks. Besides RBI, the Credit Information Companies, including Credit Information Bureau of India Ltd. (CIBIL) are maintaining a database on suit filed accounts, including willful defaulters with Rs. 25 lakhs and above. The details of such accounts as on 31st March 2012 in Public Sector Banks are as under:
(Amount in...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 771
|
|
Liaison Office (LO) / Branch Office (BO) in India by Foreign Entities
Posted Date : 15-Dec-2012 , 10:03:47 pm | Posted By: Vinay Sharma
Liaison Office (LO) / Branch Office (BO) in India by Foreign Entities – Reporting to Income Tax Authorities
Vide A. P. (DIR Series) Circular No.24 dated December 30, 2009, RBI had mandated that Branch Offices (BO) / Liaison Offices (LO) are required to submit Annual Activity Certificate (AAC) from their Auditors to the Central Office / Regional Office of the Reserve Bank, certifying that the BO / LO has carried out only those activities which are approved by the Reserve Bank. With e...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 918
|
|
Issuance of rupee denominated co-branded pre-paid cards
Posted Date : 15-Dec-2012 , 10:03:09 pm | Posted By: Vinay Sharma
RBI/2012-13/325 DBOD.No.FSD.BC. 67/24.01.019/2012-13
December 12, 2012
All Scheduled Commercial Banks (excluding RRBs)
Dear Sir/ Madam,
Issuance of rupee denominated co-branded pre-paid cards
Please refer to paragraphs 106 and 107 (extract enclosed) of the Second Quarter Review of Monetary Policy 2012-13 announced on October 30, 2012, proposing to accord general permission to banks for issue of co-branded debit and rupee denominated pre-paid instruments, subject to certain conditions, i...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 754
|
|
Guidelines for issue of debit cards by banks
Posted Date : 15-Dec-2012 , 10:01:44 pm | Posted By: Vinay Sharma
RBI/2012-13/324 DBOD.No.FSD.BC.66/24.01.019/2012-13
December 12, 2012
All Scheduled Commercial Banks (excluding RRBs)
Dear Sir/ Madam,
Guidelines for issue of debit cards by banks
Please refer to paragraphs 106 and 107 (extract enclosed) of the Second Quarter Review of Monetary Policy 2012-13 announced on October 30, 2012, proposing to accord general permission to banks for issue of co-branded debit and rupee denominated pre-paid instruments, subject to certain conditions, in order to o...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 765
|
|
|
|
