Prudential Guidelines on Capital Adequacy
Posted Date : 10-Jul-2012 , 09:52:46 am | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/121 DBOD.No.BP.BC.28/21.06.001/2012-13
09 July 2012
The Chief Executive Officers Foreign Banks Operating in India
Dear Sir,
Prudential Guidelines on Capital Adequacy – Treatment of Head Office Debit Balance – Foreign Banks
A reference is invited to the paragraph 4.2.3 - Notes (iv) of the Master Circular on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) dated July 2, 2012, wherein it is mentioned that ‘the net credit balance...
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MCA:Companies (Central Government\'s) General Rules and Forms (Amendment) Rules, 2012
Posted Date : 10-Jul-2012 , 08:59:24 am | Posted By: Akanksha Handa
Companies (Central Government's) General Rules and Forms (Amendment) Rules, 2012. Click to see circular...
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Corporate Laws |
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MCA:Companies (Director Identification Number) Amendment Rules, 2012
Posted Date : 10-Jul-2012 , 08:55:57 am | Posted By: Akanksha Handa
Companies (Director Identification Number) Amendment Rules, 2012. kindly Click to see the circular...
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Corporate Laws |
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MCA:Filing of Balance Sheet and Profit and Loss Account in Extensible Business Reporting Language (XBRL) Mode for financial year commencing on or after 1.4.2011.
Posted Date : 07-Jul-2012 , 09:01:13 am | Posted By: Akanksha Handa
General Circular No. 16/2012
No. 17/161/2012-CL-V
Government of India
Ministry of Corporate Affairs
******
5th Floor, Shastri Bhawan,
New Delhi 110001.
Dated: July 6, 2012
To
All Regional Directors
All Regist rars of Companies
Subj ect :- Filing of Balance Sheet and Profit and Loss Account in Extensible Business Reporting Language (XBRL) Mode for financial year commencing on or after 1.4.2011.
Sir,
Vide Companies (Filing of documents and forms in Extensible Business Report ing L...
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Corporate Laws |
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Rate of exchange of conversion of each of the foreign currency with effect from 6th July, 2012
Posted Date : 05-Jul-2012 , 05:55:23 pm | Posted By: CA. SURESH Kr. AGARWAL
[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.56/2012 - Customs (N.T.)
Dated the 5th July, 2012
14 Asadha, 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 Finance...
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Custom |
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Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR Committee\'s Sanctions List
Posted Date : 05-Jul-2012 , 05:54:26 pm | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/111 DBOD. AML.No.180/14.06.001/2012-13
July 04, 2012
The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions
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 to our circular DBOD. AML No. 19320/14.06.001/2011-12 dated June 26, 2012. We have since received from Government of India, Ministry of External Af...
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Merchant Discount Rates (MDR) structure for debit card transactions
Posted Date : 05-Jul-2012 , 05:53:37 pm | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/110 DPSS.CO.PD.No. 27/02.14.003 /2012-13
July 04, 2012
The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Authorised Card Payment Networks
Madam / Dear Sir,
Merchant Discount Rates (MDR) structure for debit card transactions
Please refer to our circular DPSS.CO.PD.No. 2361 / 02.14.003 / 2011-12 dated June 28, 2012 on the subje...
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RBI |
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ICSI:Practising Company Secretaries are recognised for
Posted Date : 05-Jul-2012 , 10:53:59 am | Posted By: Akanksha Handa
4th July 2012
Dear Professional Colleagues,
Sub: Practising Company Secretaries are recognised for appearance before the Delhi Value Added Tax (DVAT) Authorities
We are pleased to inform you that the Government of Delhi has notified Delhi Value Added Tax (Second Amendment) Act, 2012 vide Notification No. F.14(6)/LA-2012/cons2law/61 dated 15th June 2012 amending Section 82(1)(b)to include the Practising Company Secretaries to appear before the Delhi VAT authorities. By this amendment, ...
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VAT |
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INCOME-TAX (SEVENTH AMENDMENT) RULES, 2012 - AMENDMENT IN RULE 12 AND SUBSTITUTION OF FORMS ITR-5 AND ITR-6
Posted Date : 04-Jul-2012 , 11:21:13 pm | Posted By: CASANSAAR
In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1.(1) These rules may be called the Income-tax(7th Amendment)Rules, 2012.
(2) They shall come into force from the date of its publication in the Official Gazette.
2.In the Income-tax Rules, 1962,-
(A) in rule 12,–
(i) in sub-rule (1),-
(a) in the proviso to clause (a)...
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Income Tax |
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Master Circular - Guidelines for Issue of Certificates of Deposit
Posted Date : 03-Jul-2012 , 09:43:02 am | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/100 IDMD.PCD. 05/14.01.03/2012-13
July 2, 2012
The Chairmen / Chief Executives of All Scheduled Banks (excluding RRBs and LABs), Primary Dealers (PDs) and All-India Term Lending and Refinancing Institutions
Dear Sir/Madam,
Master Circular - Guidelines for Issue of Certificates of Deposit
With a view to further widening the range of money market instruments and giving investors greater flexibility in deployment of their short-term surplus funds, Certificates of Deposit (C...
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RBI |
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Master Circular - Lending To Priority Sector
Posted Date : 03-Jul-2012 , 09:34:06 am | Posted By: CA. SURESH Kr. AGARWAL
BI/2012-13/108 RPCD. CO. Plan. BC 12/04.09.01/2012-13
July 2, 2012
The Chairman/ Managing Director/ Chief Executive Officer
[All scheduled commercial banks (excluding Regional Rural Banks)]
Dear Sir,
MASTER CIRCULAR - LENDING TO PRIORITY SECTOR
The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks on lending to Priority Sector. In order to enable the banks to have current instructions at one place, a Master Circular incorpo...
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RBI |
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Master Circular - Guidelines for Issue of Commercial Paper
Posted Date : 03-Jul-2012 , 09:32:25 am | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/99 IDMD.PCD. 04/14.01.02/2012-13
July 2, 2012
The Chairmen/Chief Executives of All Scheduled Banks, Primary Dealers and All-India Financial Institutions
Dear Sir/Madam,
Master Circular - Guidelines for Issue of Commercial Paper
Commercial Paper (CP), an unsecured money market instrument issued in the form of a promissory note, was introduced in India in 1990 with a view to enable highly rated corporate borrowers to diversify their sources of short-term borrowings and pr...
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RBI |
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Master Circular on Export Credit Refinance Facility
Posted Date : 03-Jul-2012 , 09:31:12 am | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/97 MPD. No.356/07.01.279/2012-13
July 2, 2012 Aashadha 11, 1934 (S)
The Chairmen/Chief Executives of all Scheduled Banks (excluding RRBs)
Dear Sir/Madam
Master Circular on Export Credit Refinance Facility
Please refer to Master Circular No.MPD No.345 /07.01.279/2011-12 dated July 1, 2011 on the above mentioned subject. This revised Master Circular on Export Credit Refinance Facility consolidates and updates all instructions/guidelines issued on the subject up to June 30...
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Master Circular
Posted Date : 03-Jul-2012 , 09:30:33 am | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/101 DGBA.GAD.No.H - 3 /42.01.034/2012-13
July 2, 2012
To
All Agency Banks
Dear Sir / Madam
Master Circular – Collection of Direct Taxes- OLTAS
Please refer to our master circular RBI/2011-12/99 dated July 01, 2011 on the above subject which was issued with a view to facilitate quick reference to all the extant instructions issued on the subject at one place. We have now updated the master circular incorporating important instructions issued by us till end of June,...
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Master Circular - Lending to Micro, Small & Medium Enterprises (MSME) Sector
Posted Date : 03-Jul-2012 , 09:29:41 am | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/93 RPCD.MSME & NFS. BC. No. 11/06.02.31/2012-13
July 2, 2012
The Chairman/Managing Director/ Chief Executive Officer
All Scheduled Commercial Banks (excluding Regional Rural Banks)
Dear Sir
Master Circular - Lending to Micro, Small & Medium Enterprises (MSME) Sector
As you are aware, the Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks in the matters relating to lending to Micro, Small & Medium Ente...
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RBI |
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Master Circular
Posted Date : 03-Jul-2012 , 09:28:47 am | Posted By: CA. SURESH Kr. AGARWAL
RBI/2012-13/106 IDMD.PDRD.01/03.64.00/2012-13
July 2, 2012
All Primary Dealers
Dear Sir / Madam
Master Circular – Operational Guidelines to Primary Dealers
The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations in the Government Securities Market and other activities. To enable the PDs to have all the current instructions at one place, a Master Circular incorporating the guidelin...
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RBI |
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SECTION 66B OF THE FINANCE ACT, 1994 - CHARGE OF SERVICE TAX ON AND AFTER FINANCE ACT, 2012 - EXEMPTION TO RAILWAYS
Posted Date : 02-Jul-2012 , 07:30:10 pm | Posted By: CASANSAAR
[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)
New Delhi, the 2ndJuly, 2012
Notification No. 43/2012-Service Tax
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) (hereinafter referred to as the said Act), the Central Government, on being satisfied that it is necessary in the public interest so to do, her...
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Service Tax |
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MANDATORY e-FILING OF INCOME TAX RETURN
Posted Date : 02-Jul-2012 , 05:12:49 pm | Posted By: CASANSAAR
CBDT has issuednotification S.O. 626(E), dated 28th March 2012videwhich e-Filing has been made compulsory for Assessment Year 2012-13 onwards for :
• an individual or a Hindu undivided family, if his or its total income, or the total income in respect of which he is or it is assessable under the Act during the previous year, exceeds ten lakh rupees; and
• an individual or a Hindu Undivided Family (HUF), being a resident, having assets (including financial interest in any entity) ...
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Income Tax |
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Secondary market transactions in Government Securities - Short Selling
Posted Date : 30-Jun-2012 , 11:00:36 pm | Posted By: Krishna Chandra Santi
Secondary market transactions in Government Securities - Short SellingThis has reference to circular IDMD.PCD.14/14.03.07/2011-12 dated December 28,2011 on the captioned subject.2. As per extant guidelines, banks are permitted to undertake 'notional' short salewhereby they can sell a security short from HFT portfolio even if the security is heldunder their AFS/HTM portfolio (circular RBI/2006-07/243 dated January 31, 2007). Inview of the various scenarios under which a participant may end up w...
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RBI |
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Regarding the extension of Bank Guarantee as an option in respect of duty exemption for Mega/ Ultra mega power projects
Posted Date : 30-Jun-2012 , 10:42:35 am | Posted By: CA. SURESH Kr. AGARWAL
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)
New Delhi, the 27th June, 2012
Notification No. 43/2012-Customs
G.S.R. 508(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 amendments i...
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Custom |
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Amends Notification No.36/2001-Customs(N.T) dated 3rd August 2001
Posted Date : 30-Jun-2012 , 10:41:51 am | Posted By: CA. SURESH Kr. AGARWAL
[TO BE PUBLISHED THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (ii)]Government of IndiaMinistry of Finance(Department of Revenue)(Central Board of Excise and Customs)NotificationNo. 55/2012-CUSTOMS (N. T.)New Delhi, 29th of June, 20128 Ashadha, 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 e...
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Custom |
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MCA:Corrigendum to LLP notification dated 05.06.2012
Posted Date : 30-Jun-2012 , 09:09:55 am | Posted By: Akanksha Handa
[TO BE PUBLISHED IN THE GAZETTE OF INDIA,
EXTRAORDINARY, PART 11, SECTION 3, SUB SECTION (i)]
MINISTRY OF CORPORATE AFFAIRS
CORRIGENDUM
New Delhi, the21/6/2012
G.S.R (E) ......I n the notification of the Government of India, Ministry of Corporate Affairs published in the Gazette of India vide G.S.R.(E)430. .. Dated 5th June, 2012 relating to Limited Liability Partnership (Amendment) Rules, 2012, in page number 2, in point number 5. for "In the ...
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Corporate Laws |
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MCA:Extension of time in Filing of annual return by Limited Liability Partnerships(LLPs
Posted Date : 30-Jun-2012 , 09:07:40 am | Posted By: Akanksha Handa
MCA:Extension of time in Filing of annual return by Limited Liability Partnerships(LLPs) kindly click link to see circular...
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Corporate Laws |
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MCA:Filing of Cost Audit Report (Form I) and Compliance Report (Form A) in the eXtensible Business Reporting Language (XBRL) mode.
Posted Date : 30-Jun-2012 , 08:57:47 am | Posted By: Akanksha Handa
52/17/CAB-2011
Government of India
Ministry of Corporate Affairs
Cost Audit Branch
*****
‘B‐1’ Wing, 2nd
Floor,
Paryavaran Bhawan,
CGO Complex, Lodhi Road,
New Delhi – 110 003
Dated the June 29, 2012
To,
The President,
Institute of Cost Accountants of India,
12, Sudder Street,
Kolkata – 700 016
Subject: Filing of Cost Audit Report (Form‐I) and Compliance Report (Form‐A) in the
eXtensible Business Reporting Language (XBRL) mode....
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Corporate Laws |
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FII Investment in Government debt long term and corporate debt long term infra category
Posted Date : 28-Jun-2012 , 10:32:36 am | Posted By: CA. SURESH Kr. AGARWAL
CIR/ IMD/ FII&C/ 15/ 2012 June 26, 2012
ToAll SEBI Registered Foreign Institutional Investorsthrough their designated Custodians of Securities
Sir / Madam,
Sub: FII Investment in Government debt long term and corporate debt long terminfra category
1. The Reserve Bank of India (RBI), vide its circular dated June 25, 2012 has decided toenhance the existing limit for investment by SEBI registered Foreign InstitutionalInvestors (FIIs) in Government debt by a further amount of USD 5 billion t...
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SEBI |
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COMPANY LAW BOARD ORDER DATED-14-06-12
Posted Date : 28-Jun-2012 , 09:14:40 am | Posted By: Akanksha Handa
COMPANY LAW BOARD ORDER DATED-14-06-12..CLICK TO SEE CIRCULAR...
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Corporate Laws |
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Seeks to levy definitive anti-dumping duty on Pentaerythritol originating in or exported from European Union ( excluding Sweden) for a period of five years
Posted Date : 27-Jun-2012 , 03:43:11 pm | Posted By: CA. SURESH Kr. AGARWAL
[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. 33 /2012-Customs (ADD)
New Delhi, dated the 20th June, 2012
G.S.R. (E). – Whereas, in the matter of import of Pentaerythritol (hereinafter referred to as the subject goods), falling under sub-heading 2905 42 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to ...
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Custom |
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Appointment of Common Adjudicating Authority
Posted Date : 27-Jun-2012 , 03:41:58 pm | Posted By: CA. SURESH Kr. AGARWAL
F.No. 437/32/2012-Cus. IVGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise & Customs*****
New Delhi, dated the 26th June, 2012.
ORDER
In terms of Notification No. 15/2002-Customs (N.T.) dated 07.03.2002 (as amended) issued under sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Board hereby assigns the Show Cause Notice DRI F.No.153/KOL/APP/2008 (Pt.) dated 11.05.2012 issued by Additional Director General, Directorate of Revenue Intel...
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Custom |
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Home Loans - Levy of Fore-closure Charges/Pre-payment Penalty by UCBs
Posted Date : 27-Jun-2012 , 03:34:23 pm | Posted By: CA. SURESH Kr. AGARWAL
RBI/2011-12/622 UBD.BPD.(PCB) CIR No.41/12.05.001/2011-12
June 26, 2012
The Chief Executive Officers All Primary (Urban) Co-operative Banks
Madam / Dear Sir,
Home Loans - Levy of Fore-closure Charges / Pre-payment Penalty by Urban Co-operative Banks (UCBs)
Please refer to our Circular UBD.(PCB).Cir.No.54/09.39.000/05-06 dated May 26, 2006 on levy / display of bank charges.
2. The attention of UCBs is invited to paragraphs 81 to 83 of the Monetary Policy Statement 2012-13 announced o...
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RBI |
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Imposing fees on certain e-forms filed with ROC, RD or MCA(HQ) under MCA-21 where at present no fee is prescribed
Posted Date : 26-Jun-2012 , 09:11:29 am | Posted By: Akanksha Handa
Imposing fees on certain e-forms filed with ROC, RD or MCA(HQ) under MCA-21 where at present no fee is prescribed. Click the link to see circular...
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Corporate Laws |
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