Non-CTS 2010 Standard cheques withdrawal time limit extended to to March 31, 2013
Posted Date : 15-Dec-2012 , 10:00:43 pm | Posted By: Vinay Sharma
RBI/2012-13/335 DPSS.CO.CHD.No.955/04.07.05/2012-13
December 14, 2012
Standardisation and Enhancement of Security Features in Cheque Forms-Migrating to CTS 2010 standards
A reference is invited to our circular DPSS.CO.CHD.No. 399/04.07.05/2012-13 dated September 3, 2012 advising all banks to arrange to issue only multi-city/payable at par CTS-2010 standard cheques not later than September 30, 2012 and to withdraw the non-CTS-2010 Standard cheques in circulation before December 31, 2012 by...
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Nomination facility available for joint deposit accounts also
Posted Date : 15-Dec-2012 , 10:00:09 pm | Posted By: Vinay Sharma
RBI/2012-13/333 RPCD.RRB.BC.No. 51/ 03.05.33/2012-13
December 12, 2012
All Regional Rural Banks
Dear Sir
The Banking Companies (Nomination) Rules, 1985 – Clarifications
1. Witness in nomination forms
As you are aware, the Banking Companies (Nomination) Rules, 1985 have been framed in exercise of powers conferred by Section 52 read with Sections 45ZA, 45ZC and 45ZE of the Banking Regulation Act, 1949. The nomination forms (DA1, DA2 and DA3) have also been prescribed in the Nominat...
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Bank should not levy penalty on conversion of one Term deposit in other
Posted Date : 15-Dec-2012 , 09:59:33 pm | Posted By: Vinay Sharma
RBI /2012-13/334 RPCD.RRB.BC.No.52/03.05.33/2012-13
December 14, 2012
All Regional Rural Banks
Dear Sir/Madam
Conversion of Term Deposits, Daily Deposits or Recurring Deposits for Reinvestment in Term Deposits by Regional Rural Banks
As per extant instructions on Interest Rates on Deposits, RRBs on request from the depositor, should allow closure of a term deposit, a deposit in the form of daily deposit or recurring deposit, to enable the depositor to immediately reinvest the amount lyi...
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RBI |
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Stock Exchanges to implement measures to prevent aberrant orders or uncontrolled trades
Posted Date : 15-Dec-2012 , 09:55:05 pm | Posted By: Vinay Sharma
Pre-trade Risk Controls
CIRCULAR no. MRD/DP/34/2012, dated 13-12-2012
1. SEBI has issued various circulars from time to time to implement risk management in cash market and equity derivatives segments. Stock exchanges have operationalised these measures by putting in place checks to be carried out at their end and by the stock brokers.
2. The recent incidents of erroneous orders have brought to fore certain areas that require additional risk control measures to mitigate disruption of tr...
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SEBI |
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SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) (Amendment) Regulations, 2012
Posted Date : 15-Dec-2012 , 09:54:22 pm | Posted By: Vinay Sharma
SEBI (PROHIBITION OF FRAUDULENT AND UNFAIR TRADE PRACTICES RELATING TO SECURITIES MARKET) (AMENDMENT) REGULATIONS, 2012 – Amendment in regulation 4
Notification No. LAD-NRO/GN/2012-13/25/5455, dated 11-12-2012
In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Pra...
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SEBI
Posted Date : 15-Dec-2012 , 09:53:42 pm | Posted By: Vinay Sharma
Procedural norms on Recognitions, Ownership and Governance for Stock Exchanges and Clearing Corporations
CIRCULAR NO. MRD/DSA/33/2012, DATED 13-12-2012
The Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 (henceforth referred to as ‘SECC Regulations’) were notified on June 20, 2012. In terms of the powers under regulation 51 of the SECC Regulations, the Board hereby issues the following instructions for the effective implementati...
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SEBI |
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Guidelines for Issuance of statutory forms in advance.
Posted Date : 14-Dec-2012 , 08:55:43 pm | Posted By: CASANSAAR
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI
DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH)
VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110002
No.F.3/310/Policy/VAT/2012/964-970 Dated: 12-12-2012
CIRCULAR NO 24 OF 2012-13
Sub:- Issuance of statutory forms in advance.
The matter regarding advance issue of ‘C’ Forms has been examinedand it has been decided to discourage advance issue of forms except inexceptional circumstances. Also, it should be ensured that the i...
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VAT |
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E-FILING OF QUARTERLY RETURNS FOR THE THIRD QUARTER (Q3)
Posted Date : 14-Dec-2012 , 08:46:53 pm | Posted By: CASANSAAR
GOVT OF PUNJAB
EXCISE & TAXATION DEPARTMENT
PUBLIC NOTICE
ATTENTION: DEALERS/ ADVOCATES/ CHARTERED ACCOUNTANTS
E-FILING OF QUARTERLY RETURNS FOR THE THIRD QUARTER (Q3)
The quarterly returns for the third quarter (Q3) for the financial year 2012-13 is due on 1st January 2013. It is hereby informed that the Excise and Taxation Department is planning a new web portal and a new format to file quarterly returns. Therefore, dealers/ advocates / chartered ac...
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VAT |
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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
Posted Date : 13-Dec-2012 , 09:02:32 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.click to see circular...
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Corporate Laws |
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Exchnage Rates
Posted Date : 08-Dec-2012 , 11:12:23 am | Posted By: ASP
[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.108/2012-CUSTOMS (N.T.)
DATED THE 6thDecember, 2012
15Agrahayana, 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 ...
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Custom |
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Restoration of service specific accounting codes for payment of service tax - regarding.
Posted Date : 08-Dec-2012 , 10:39:25 am | Posted By: ASP
Circular No.165/16/2012 -ST
F.No.341/21/2012-TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Tax Research Unit
146-F, North Block,
New Delhi, 20thNovember, 2012
To
Chief Commissioners of Central Excise and Customs (All), Director General (Service Tax), Director General(Systems), Director General (Central Excise Intelligence), Director General (Audit),Commissioners of Service Tax (All), Commissioners of Central Excise (All), Comm...
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Service Tax |
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Inventory Management for Market Makers of SME Exchange / Platform
Posted Date : 07-Dec-2012 , 04:42:57 pm | Posted By: ASP
Securities and Exchange Board of India
CIRCULAR
CIR/MRD/DSA/31/2012 November 27, 2012
To
The Managing Director/Executive Director
of all Stock Exchanges, Clearing Houses/Corporations
Dear Sir / Madam,
Sub: Inventory Management for Market Makers of SME Exchange / Platform
1. SEBI vide circular dated April 26, 2010 has issued guidelines for market makers on stock exchange/trading platform by a recognized stock exchange having nationwide trading terminals for Small and Medium Ente...
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SEBI |
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Review of the Securities Lending and Borrowing (SLB) Framework
Posted Date : 07-Dec-2012 , 04:39:41 pm | Posted By: ASP
Securities and Exchange Board of India
CIRCULAR
CIR/MRD/DP/ 30 /2012 November 22, 2012
To
All Stock Exchanges and Depositories
Dear Sir / Madam,
Sub: Review of the Securities Lending and Borrowing (SLB) Framework
1. The framework for SLB was specified vide circular no. MRD/DoP/SE/Dep/Cir-14 /2007 dated December 20, 2007 and operationalised with effect from April 21, 2008. The SLB framework was revised vide circular no. MRD/DoP/SE/Cir- 31/2008 dated October 31, 2008, circular no. M...
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SEBI |
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Rajiv Gandhi Equity Savings Scheme, 2012.
Posted Date : 29-Nov-2012 , 11:48:11 am | Posted By: CA. SURESH Kr. AGARWAL
[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY, DATED THE 23rdGovernment of India November, 2012]Ministry of FinanceDepartment of RevenueNotificationNew Delhi, the 23rd(Income-tax) November , 2012.
S.O. 2777(E).— In exercise of the powers conferred by sub-section (1) of section 80CCG of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following Scheme, namely:-1. Short title, commencement and application. - (1)...
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Income Tax |
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Filing of Balance Sheet and profit and Loss Account by companies in Non - XBRL for the accounting year commencing on or after 01.04.2011.
Posted Date : 26-Nov-2012 , 09:06:41 am | Posted By: CASANSAAR
General Circular No.38 /2012
F.No.17/160/2012-CL-V
Ministry of Corporate Affairs
Government of India
5thFloor, A Wing, Shastri Bhawan
Dr. Rajendra Pd. Road, New Delhi
Dated 23.11.2012
All Regional Director
All Registrar of Companies
Sub : Filing of Balance Sheet and profit and Loss Accountby companies in Non - XBRL for the accounting yearcommencing on or after 01.04.2011
Sir,
In continuation of General Circular No. 30/2012 dated28.09.2012 on the subject cited above, I am dir...
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Corporate Laws |
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KYC/AML standards /CFT)/Obligation of Authorised Persons under Prevention of Money Laundering Act
Posted Date : 16-Nov-2012 , 09:07:59 am | Posted By: CASANSAAR
RBI/2012-13/294A.P. (DIR Series) Circular No. 51
November 15, 2012
To
All Authorised Persons inForeign Exchange
Madam/Sir,
Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards / Combating the Financing of Terrorism (CFT) Obligation of Authorised Persons under Prevention of Money Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009 Money changing activities
Attention of Authorised Persons is invited toF-Part-II of the Annexto the A...
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RBI |
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MCA:Default by Cost Auditors in filing Form 23D against the corresponding Form 23C
Posted Date : 07-Nov-2012 , 08:57:42 am | Posted By: Akanksha Handa
MCA:Default by Cost Auditors in filing Form 23D against the corresponding Form 23C.
General Circular No. 35/2012 dated 06/11/2012
KINDLY CLICK TO SEE CIRCULAR...
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Corporate Laws |
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MCA:Examination of Balance Sheets by ROC\'s.
Posted Date : 07-Nov-2012 , 08:56:14 am | Posted By: Akanksha Handa
MCA:Examination of Balance Sheets by ROC's.
General Circular No. 37/2012 dated 06/11/2012
Kindly click to see circular...
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Corporate Laws |
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MCA:Appointment of Cost Auditor by Companies
Posted Date : 07-Nov-2012 , 08:54:43 am | Posted By: Akanksha Handa
MCA:Appointment of Cost Auditor by Companies.
General Circular No. 36/2012 dated 06/11/2012
Kindly click to see the circular...
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Corporate Laws |
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Compulsory online filing of Annual Return in Form VAT 20 in Punjab
Posted Date : 31-Oct-2012 , 08:02:02 am | Posted By: CASANSAAR
EXCISE AND TAXATION DEPARTMENT, PUNJAB
ATTN: ALL DEALERS, ADVOCATES AND CHARTERED ACCOUNTANTS
1. It has been decided that the Annual VAT Returns for the year 2011-12 will be received in form VAT-20 online through the e-Return module being implemented by the Excise and Taxation Department, Punjab. All concerned are requested to note that the annual return will now be filed from 1st December 2012 to 31st December 2012. “No manual return in form VAT-20 will be received in the offices of t...
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VAT |
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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 1.4.2011.
Posted Date : 26-Oct-2012 , 08:51:26 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 1.4.2011..Kindly Click to see the circular....
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Corporate Laws |
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Relaxation to Trade and Industry in the State of Jammu & Kashmir
Posted Date : 23-Oct-2012 , 11:52:20 pm | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/261DBOD.No.BP.BC.50 /21.04.012/2012-13
October 23, 2012
The Chairmen & Managing Directors/Chief Executive Officers ofAll Scheduled Commercial Banks(excluding Regional Rural Banks)
Dear Sir/ Madam,
Relaxation to Trade and Industry in the State of Jammu & Kashmir
Please refer to ourcircular DBOD.No.BP.BC.25/21.04.012/2011-12 dated July 28, 2011extending the period of concessions/ credit relaxations to borrowers / customers in Jammu & Kashmir up to 31 March 2012. It h...
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RBI |
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Export of Goods and Services
Posted Date : 23-Oct-2012 , 11:51:26 pm | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/260A. P. (DIR Series) Circular No. 47
October 23, 2012
To
All Authorised Dealers in Foreign Exchange
Madam / Sir,
Export of Goods and Services –Simplification and Revision of Softex Procedure
Attention of the Authorised Dealers is invited to Regulation 6 of theNotification No. FEMA 23/2000-RB dated May 3, 2000viz. Foreign Exchange Management (Export of Goods and Services) Regulations, 2000, as amended by theNotification No.FEMA.36/2001-RB dated February 27, 2001,in term...
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Supply of Goods and Services by Special Economic Zones to Units in Domestic Tariff Areas
Posted Date : 23-Oct-2012 , 11:50:22 pm | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/259A. P. (DIR Series) Circular No. 46
October 23, 2012
To
All Category - I Authorised Dealer Banks
Dear Madam/ Sir,
Supply of Goods and Services by Special Economic Zones (SEZs) to Unitsin Domestic Tariff Areas (DTAs) against payment in foreign exchange
Attention of the Authorised Dealer (AD) Category - I banks is invited toA.P. (Dir Series) Circular No.105 dated June 16, 2003, in terms of which units in the Domestic Tariff Areas (DTAs) have been permitted to purchase foreign...
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RBI |
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Facilities for Persons Resident outside India
Posted Date : 23-Oct-2012 , 11:49:35 pm | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/258A.P. (DIR Series) Circular No.45
October 22, 2012
To,
All Authorised Dealer Category – I Banks
Madam / Sir,
Facilities for Persons Resident outside India – FIIs
Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 datedMay 3, 2000 [Notification No. FEMA/25/RB-2000]andA.P. (DIR Series) Circular No.32 dated December 28, 2010, as amen...
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RBI |
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White Label ATMs (WLAs) in India - Guidelines
Posted Date : 23-Oct-2012 , 11:48:44 pm | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/257DPSS.CO.PD. No.670/02.10.002/2012-13
October 19, 2012
The Chairman and Managing Director / Chief Executive OfficersAll Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative BanksAuthorised ATM Network Operators /Card Payment Network OperatorsProspective White Label ATM Operators
Dear Sir,
White Label ATMs (WLAs) in India - Guidelines
Please refer to the guidelines issued ...
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RBI |
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MCA:Quality Of XBRL filings certified by Professional members.
Posted Date : 19-Oct-2012 , 08:56:20 am | Posted By: Akanksha Handa
MCA:Quality Of XBRL filings certified by Professional members. Kindly Click to see the circular...
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Corporate Laws |
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NBFCs/RNBCs - Uploading of Reports in \'Test Mode\' on FINnet Gateway Reporting
Posted Date : 17-Oct-2012 , 04:38:12 pm | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/252 DNBS(PD).CC. No307/03.10.42/2012-13
October 16, 2012
All Non Banking Financial Companies / Residuary Non Banking Companies
Dear Sir,
Uploading of Reports in 'Test Mode' on FINnet Gateway Reporting
Please refer to Company Circular No 247 dated October 28, 2011 on 'Know Your Customer' (KYC) Guidelines – Anti Money Laundering Standards (AML) -'Prevention of Money Laundering Act, 2002 - Obligations of NBFCs in terms of Rules notified thereunder’- Reporti...
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RBI |
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MCA:Constitution of a committee for reforming the regulatory environment for doing business in India
Posted Date : 17-Oct-2012 , 08:52:04 am | Posted By: Akanksha Handa
Constitution of a committee for reforming the regulatory environment for doing business in India. Click to see circular...
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Corporate Laws |
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Extension of time to file return in Form ST3
Posted Date : 15-Oct-2012 , 05:14:30 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, the 15th October, 2012
ORDER NO: 3/2012
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 thereturn for the period 1stApril 2012 to 30thJune 2012, from 25thOctober, 2012 to25thNovember,2012.
The circumstances of a spec...
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Service Tax |
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