Parts, components of aircraft replaced or removed during the course of maintenance, repair or overhaul of the aircraft in a Special Economic Zone and brought to any other place in India. nil
Posted Date : 15-Sep-2012 , 01:54:31 pm | Posted By: CA. KRISHAN KUMAR SAINI
[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)
NotificationNo. 52 /2012-Customs
New Delhi, the 13thSeptember, 2012
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 amendments in ...
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Custom |
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KYC/AML/CFT - Risk Categorization and Updation of Customer Profiles
Posted Date : 14-Sep-2012 , 08:41:38 pm | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/206UBD.BPD (PCB) Cir. No. 8/14.01.062/2012-13
September 13, 2012
The Chief Executive Officer ofAll Primary (Urban) Co-operative Banks
Madam/Dear Sir,
Know Your Customer (KYC)/Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Risk Categorization and Updation of Customer Profiles – Primary (Urban) Co-operative Banks
Please refer to ourcircular UBD.CO.BPD (PCB) No. 32/09.39.000/2007-08 dated February 25, 2008on KYC/AML/CFT.
2. In order to have an effe...
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RBI |
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New Capital Adequacy Framework (NCAF) - Eligible Credit Rating Agencies
Posted Date : 14-Sep-2012 , 08:40:29 pm | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/205DBOD.No.BP.BC.41/21.06.009/2012-13
September 13, 2012
The Chairman / CMD / MD / CEOAll Scheduled Commercial Banks(Excluding Local Area Banks and Regional Rural Banks)
Dear Sir,
Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) - Eligible Credit Rating Agencies – SME Rating Agency of India Ltd. (SMERA)
Please refer to the Master CircularDBOD.No.BP.BC.16/21.06.001/2012-13 dated July 2, 2012on 'Prudential Guidelines o...
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RBI |
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Steps to re-energise Mutual Fund Industry
Posted Date : 13-Sep-2012 , 09:59:55 pm | Posted By: CA. KRISHAN KUMAR SAINI
CIR/IMD/DF/21/2012 September 13, 2012
All Mutual Funds/Asset Management Companies (AMCs)/
Trustee Companies/Boards of Trustees of Mutual Funds
Sir / Madam,
Sub: Steps to re-energise Mutual Fund Industry
In order to increase penetration of mutual fund products and to energise the
distribution network while protecting the interest of investors, SEBI held a series of
meetings with various stakeholders in the mutual fund industry. Mutual Fund Advisory
Committee (MFAC) also deliberated and ...
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SEBI |
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Application Supported by Blocked Amount (ASBA) facility in public/ rights issue
Posted Date : 13-Sep-2012 , 09:58:00 pm | Posted By: CA. KRISHAN KUMAR SAINI
CIR/CFD/DIL/12/2012 September 13, 2012
To
All Registered Bankers to an Issue
Dear Sir/Madam,
Sub: Application Supported by Blocked Amount (ASBA) facility in public/ rights
issue
1. This has reference to SEBI Circular No. SEBI/CFD/DIL/ASBA/1/2009/30/12 dated
December 30, 2009, on the captioned subject.
2. It has come to our notice that some banks while making applications on own account
using ASBA facility are doing so without having clear demarcated funds and that some
b...
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SEBI |
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Comprehensive Guidelines on OTC Foreign Exchange Derivatives
Posted Date : 13-Sep-2012 , 08:34:15 am | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/204A.P. (DIR Series) Circular No. 30
September 12, 2012
To,
All Category - I Authorised Dealer Banks
Madam / Sir,
Comprehensive Guidelines on Over the Counter (OTC) Foreign Exchange Derivatives – Cost Reduction Structures
Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 [Notification No. FEMA/25/RB-2000 dated May 3, 20...
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RBI |
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Overseas Direct Investments by Indian Party
Posted Date : 13-Sep-2012 , 08:32:00 am | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/203A.P. (DIR Series) Circular No. 29
September 12, 2012
To,
All Category - I Authorised Dealer Banks
Madam / Sir,
Overseas Direct Investments by Indian Party – Rationalisation
Attention of the Authorised Dealer (AD - Category I) banks is invited to theNotification No. FEMA 120/RB-2004 dated July 7, 2004[Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from time to time. It has been deci...
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RBI |
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Addendum to Circular No. CIR/MRD/DP/21/2012 dated August 02, 2012 on activation of ISIN in case of additional issue of shares/ securities
Posted Date : 12-Sep-2012 , 02:00:11 pm | Posted By: CA. KRISHAN KUMAR SAINI
CIR/MRD/DP/ 24 /2012 September 11, 2012
To,
The Depositories,
The Stock Exchanges
Dear Sir,
Sub: Addendum to Circular No. CIR/MRD/DP/21/2012 dated August 02, 2012 on
activation of ISIN in case of additional issue of shares/ securities
1. Please refer to SEBI circular CIR/MRD/DP/21/2012 dated August 02, 2012 on
activation of ISIN in case of additional issue of shares/ securities.
2. In partial modification, the earlier point 3 and 5 of the aforesaid circular shall be
replaced as under...
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SEBI |
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Trade Credits for Import into India
Posted Date : 12-Sep-2012 , 10:26:10 am | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/202A.P. (DIR Series) Circular No. 28
September 11, 2012
To,
All Category - I Authorised Dealer Banks
Madam / Sir,
Trade Credits for Import into India
Attention of Authorized Dealer Category - I (AD Category - I) banks is invited toA.P. (DIR Series) Circular No. 87 dated April 17, 2004andA.P. (DIR Series) Circular No. 24 dated November 01, 2004.
2. As per the extant guidelines, for import of capital goods as classified by DGFT, AD banks may approve trade credits up to...
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RBI |
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ECB Policy
Posted Date : 12-Sep-2012 , 10:24:31 am | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/201A.P. (DIR Series) Circular No. 27
September 11, 2012
To,
All Category - I Authorised Dealer Banks
Madam / Sir,
External Commercial Borrowings (ECB) Policy – Bridge Finance for infrastructure sector
Attention of Authorized Dealer Category - I (AD Category - I) banks is invited toA.P. (DIR Series) Circular No. 26 dated September 23, 2011.
2. As per the extant guidelines, Indian companies in the infrastructure sector, where “infrastructure” is as defined un...
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RBI |
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ECB Policy
Posted Date : 12-Sep-2012 , 10:22:04 am | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/200A.P. (DIR Series) Circular No. 26
September 11, 2012
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 toA.P. (DIR Series) Circular No. 134 dated June 25, 2012.
2. As per the extant guidelines, the maximum permissible ECB that can be availed of ...
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RBI |
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Bank Finance to Factoring Companies
Posted Date : 12-Sep-2012 , 10:20:40 am | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/199DBOD.BP.BC.No.40/21.04.172/2012-13
September 11, 2012
All Scheduled Commercial Banks(excluding RRBs)
Madam / Dear Sir,
Bank Finance to Factoring Companies
Please refer to paragraph 2 of ourcircular DBOD.BP.BC.No.60/08.12.01/2007-08 dated February 12, 2008on ‘Bank Finance to Factoring Companies’, in terms of which banks can extend financial assistance to support the factoring business of Factoring Companies which comply with certain criteria.
2. Subsequent to th...
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RBI |
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Know Your Client Requirements
Posted Date : 10-Sep-2012 , 09:09:38 am | Posted By: CA. KRISHAN KUMAR SAINI
CIRCULAR
CIR/MIRSD/ 11 /2012 September 5, 2012
1.Stock Brokers through Recognized Stock Exchanges
2. Depository Participants through Depositories
3. Mutual funds
4. Association of Mutual Funds in India
5. Portfolio Managers
6. KYC Registration Agencies (KRAs)
7. Alternative Investment Funds (AIFs)
8. Collective Investment Schemes (CIS)
Dear Sir,
Sub: Know Your Client Requirements
1. This has reference to SEBI circulars No CIR/MIRSD/16/2011 dated August 22,
2011 and MIRSD/SE/Cir-21...
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SEBI |
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Implementation of Section 51-A of UAPA, 1967 -Updates of the UNSCR Committee\'s Al Qaida Sanctions List
Posted Date : 08-Sep-2012 , 06:46:57 pm | Posted By: CA. KRISHAN KUMAR SAINI
RBI/2012-13/196DNBS (PD).CC. No 302 /03.10.42 /2012-13
September 7, 2012
All Non Banking Financial Companies /Residuary Non Banking Companies
Dear Sir,
Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) /1989(2011) Committee's Al Qaida Sanctions List
Please refer toDNBS (PD).CC.No 296/03.10.42/2012-13 dated July 11, 2012. The Chairman of UN Security Council's 1267/ 1989 Committee has issued notes datedJune 21, 2012,June 28, 2012, andJuly 2, 2012(copy enclose...
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RBI |
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Interest Rate on Deposits
Posted Date : 08-Sep-2012 , 10:11:27 am | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/192 UBD.BPD.Cir.No. 7/13.01.000//2012-13
September 6, 2012
The Chief Executive Officer All Primary (Urban) Co-operative Banks
Dear Sir/Madam
Interest Rate on Deposits
Please refer to our circular UBD.No.DS.PCB.CIR.53/13.01.00/97-98 dated April 29, 1998 whereby banks were permitted to offer, at their discretion, differential rates of interest on single term deposits of ` 15 lakh and above, subject to the condition that the schedule of interest rates payable on deposit...
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RBI |
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Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency
Posted Date : 08-Sep-2012 , 07:35:58 am | Posted By: CA. KRISHAN KUMAR SAINI
[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. 80/2012 - Customs (N.T.)
Dated the 6thSeptember, 2012
15Bhadrapada, 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 o...
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Category :
Custom |
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Regarding verification mechanism and monitoring of export obligation under duty exemption/ reward Schemes
Posted Date : 07-Sep-2012 , 08:22:36 am | Posted By: CASANSAAR
Circular No. 25 /2012-Cus
F. No. 603/03/2011-DBK
Government of India
Ministry of Finance
Department of Revenue
Drawback Division
*****
New Delhi Dated:6thSeptember, 2012
To
All Chief Commissioners of Customs/ Central Excise/ Central Excise & Customs,
All Commissioners of Customs/ Central Excise/ Central Excise & Customs,
All Director General of CBEC,
Chief Departmental Representatives of CESTAT
Sir/Madam,
Sub: Verification mechanism and monitoring of export obligation...
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Custom |
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Making E-payment of Customs duty mandatory-regarding.
Posted Date : 06-Sep-2012 , 08:28:22 am | Posted By: CA. KRISHAN KUMAR SAINI
Circular No.24/2012-Customs
F.No.450/180/2009-Cus.IV(Pt.)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
*****
Room No. 229-A, North Block,
NewDelhi,dated 5thSeptember, 2012.
To,
All Chief Commissioners of Customs
All Chief Commissioners of Central Excise and Service Tax
Subject:Making E-payment of Customs duty mandatory-regarding.
Sir / Madam,
Kind attention is invited to Board Circular No. 33/2011-Customs dated 29...
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Custom |
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Banking facilities to visually challenged / persons with disabilities
Posted Date : 06-Sep-2012 , 08:08:57 am | Posted By: CA. KRISHAN KUMAR SAINI
All Scheduled Commercial Banks(excluding RRBs)
Dear Sir
Banking facilities to visually challenged / persons with disabilities
Please refer to ourCircular DBOD. No. Leg BC. 91 /09.07.005/2007-08 dated June 4, 2008on the captioned subject advising that all banking facilities such as cheque book facility including third party cheques, ATM facility, Net banking facility, locker facility, retail loans, credit cards etc., are invariably offered to visually challenged persons without any discrimin...
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RBI |
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Applicability of credit exposure norms for bonds guaranteed by the Government of India
Posted Date : 06-Sep-2012 , 08:05:41 am | Posted By: CA. KRISHAN KUMAR SAINI
All Standalone Primary Dealers
Dear Sir/Madam,
Applicability of credit exposure norms for bonds guaranteed by the Government of India
Please refer tocirculars IDMD.PDRD.No.19 /03.64.00 / 2010-11 dated July 27, 2010andIDMD.PCD.No.1652/14.03.05/2010-11 dated November 11, 2010wherein standalone Primary Dealers (PDs) were advised to adhere to the credit exposure limits of 25 per cent of their net owned funds (NOF) to single borrower and 40 per cent of their NOF to group borrowers.
2. The matte...
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RBI |
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Standardisation and Enhancement of Security Features in Cheque Forms-Migrating to CTS 2010 standards
Posted Date : 06-Sep-2012 , 08:03:48 am | Posted By: CA. KRISHAN KUMAR SAINI
The Chairman and Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks/Local Area Banks
Madam / Dear Sir
Standardisation and Enhancement of Security Features in Cheque Forms - Migrating to CTS 2010 standards
A reference is invited to ourcircular DPSS.CO.CHD.No./1112/04.07.05/2011-12 dated December 27, 2011advising all banks providing cheque facility to their customers...
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Category :
RBI |
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Filling of Balance Sheet and Profit and Loss Account by companies in Non-XBRL for accounting year commencing on or after 01.04.2011.
Posted Date : 04-Sep-2012 , 05:01:37 pm | Posted By: CASANSAAR
Circular No. 28/2012 dated 03.09.2012Filling of Balance Sheet and Profit and Loss Account by companies in Non-XBRL for accounting year commencing on or after 01.04.2011.
Click here for Circular...
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Category :
Corporate Laws |
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Regarding clarifying the applicable rate of CVD on imported fertilizers
Posted Date : 31-Aug-2012 , 07:26:59 am | Posted By: CASANSAAR
Circular No. 23 /2012-Customs
F.No.354/35/2011-TRU
Government of India
Ministry of Finance
Department of Revenue
Tax Research Unit
***
R.No.146 I, North Block
New Delhi, dated the 30thAugust, 2012
To
Chief Commissioner of Customs (All)
Chief Commissioner of Customs & Central Excise (All)
Director Generals (All)
Sir/Madam,
Subject:Applicable rate of CVD on imported Fertilizers-regarding.
Representations have been received from trade as well as the field formations r...
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Category :
Custom |
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Non-resident guarantee for non-fund based facilities entered between two resident entities
Posted Date : 31-Aug-2012 , 07:20:45 am | Posted By: CASANSAAR
RBI/2012-13/179A. P. (DIR Series) Circular No. 20
August 29, 2012
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Non-resident guarantee for non-fund based facilities entered between two resident entities
Attention of Authorised Dealer Category - I (AD Category - I) banks is invited toNotification No. FEMA 29 / 2000-RB dated September 26, 2000viz. Payment to person resident outside India on invocation of guarantee,A.P. (DIR Series) Circular No. 28 dated March 30, 2001andA.P. (DI...
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Category :
FEMA |
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Issue of Indian Depository Receipts (IDRs) - Limited two way fungibilty
Posted Date : 29-Aug-2012 , 08:02:01 am | Posted By: CASANSAAR
RBI/2012-13/178A. P. (DIR Series) Circular No. 19
August 28, 2012
To,
All Category – I Authorised Dealer banks
Madam/Sir,
Issue of Indian Depository Receipts (IDRs) - Limited two way fungibilty
Attention of Authorised Dealers Category – I (AD Category - I) banks is invited toA.P. (DIR Series) Circular No.5 dated July 22, 2009, in terms of which, the guidelines regarding issue of IDRs by eligible companies resident outside India have been laid out.
2. It has now been decided to...
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Category :
FEMA |
Comments :
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Constitution of a Committee for Reforming the Regulatory Environment for doing Business in India.
Posted Date : 28-Aug-2012 , 07:38:53 am | Posted By: CASANSAAR
General Circular no. 26/2012
No.11/08/2012-CL.V
Government of India
Ministry of Corporate Affairs’
Shastri Bhavan, New Delhi
Dated: 23rdAugust, 2012
OFFICE MEMORANDUM
Subject:-Constitution of a Committee for Reforming the RegulatoryEnvironment for doing Business in India.
The undersigned is directed to state as under:-
1. The report of The World Bank and the International Finance Corporation,entitled “Doing Business 2012: Doing business in a very TransparentWorld&r...
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Category :
Corporate Laws |
Comments :
0 | Hits : 1066
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Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme (MTSS)
Posted Date : 24-Aug-2012 , 08:11:48 am | Posted By: CASANSAAR
RBI/2012-13/175A. P. (DIR Series) Circular No. 18
August 23, 2012
To
All Authorised Persons, who are Indian agents underMoney Transfer Service Scheme
Madam / Sir,
Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme (MTSS)
Please refer to ourA.P. (DIR Series) Circular No. 108 dated April 17, 2012on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions.
...
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Category :
FEMA |
Comments :
0 | Hits : 958
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Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Money changing activities
Posted Date : 24-Aug-2012 , 08:10:24 am | Posted By: CASANSAAR
RBI/2012-13/175A. P. (DIR Series) Circular No. 18
August 23, 2012
To
All Authorised Persons, who are Indian agents underMoney Transfer Service Scheme
Madam / Sir,
Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme (MTSS)
Please refer to ourA.P. (DIR Series) Circular No. 108 dated April 17, 2012on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions.
2....
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Category :
FEMA |
Comments :
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MCA:Clarification on Para 46A of notification number G.S.R. 914(E) dated 29.12.2011 on Accounting Standard 11 relating to \"The effects of Changes in Foreign Exchange Rates
Posted Date : 22-Aug-2012 , 09:23:30 am | Posted By: Akanksha Handa
Clarification on Para 46A of notification number G.S.R. 914(E) dated 29.12.2011 on Accounting Standard 11 relating to "The effects of Changes in Foreign Exchange Rates. CLICK TO SEE CIRCULAR...
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Category :
Corporate Laws |
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MCA:Gazette notification GSR 534(E) dated 14/07/2011-clarification regarding
Posted Date : 18-Aug-2012 , 08:58:17 am | Posted By: Akanksha Handa
Gazette notification GSR 534(E) dated 14/07/2011-clarification regarding . CLICK HERE TO SEE CIRCULAR...
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Category :
Corporate Laws |
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