Clarification - Purchase of Immovable Property in India
Posted Date : 15-Feb-2012 , 08:31:40 pm | Posted By: CASANSAAR
RBI/2011/12/399A.P. (DIR Series) Circular No. 79
February 15, 2012
To
All Authorised Dealers in Foreign Exchange
Madam / Sir,
Clarification - Purchase of Immovable Property in India –Reporting requirement
Attention of Authorised Dealer Category-I banks is invited to Regulation 5 ofNotification No. FEMA 21/2000-RBviz. Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India), Regulations, 2000 dated May 3, 2000, as amended from time to time. In terms ...
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FEMA |
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Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme
Posted Date : 15-Feb-2012 , 08:30:42 pm | Posted By: CASANSAAR
RBI/2011-12/398A.P. (DIR Series) Circular No. 78
February 15, 2012
To,
All Authorised Persons,
who are Indian Agents under Money Transfer Service Scheme.
Madam/ Dear Sir,
Anti-Money Laundering (AML) standards/Combating the Financing ofTerrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme
Attention of all the Authorised Persons, who are Indian Agents under Money Transfer Service Scheme (MTSS) is invited toA.P.(DIR Series) Circular Nos.22and24d...
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FEMA |
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Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Standards - Money changing activities
Posted Date : 15-Feb-2012 , 08:29:39 pm | Posted By: CASANSAAR
RBI/2011-12/397A.P. (DIR Series) Circular No. 77
February 15, 2012
To,
All Authorised Persons
Madam/ Dear Sir,
Anti-Money Laundering (AML) standards/Combating the Financing ofTerrorism (CFT) Standards - Money changing activities
Attention of the Authorised Persons is invited to theA.P.(DIR Series) Circular Nos.21and23dated September 19, 2011 on the risks arising from the deficiencies in AML/CFT regime of certain jurisdictions.
2. The Financial Action Task Force (FATF) has issued a...
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FEMA |
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FEMA: External Commercial Borrowings
Posted Date : 13-Feb-2012 , 06:10:06 pm | Posted By: Akanksha Handa
RESERVE BANK OF INDIA
Foreign Exchange Department
Central Office
Mumbai - 400 001
RBI/2011-12/390
A.P. (DIR Series) Circular No. 75 February 07, 2012
To
All Authorised Dealer Category- I Banks
Madam / Sir,
External Commercial Borrowings – Simplification of procedure
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, notif...
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FEMA |
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MCA: Filing of conflicting returns by contesting parties - clarification regarding
Posted Date : 13-Feb-2012 , 09:39:45 am | Posted By: Akanksha Handa
General Circular No. 1/2012
F. No. 17/135/2011-CL V
Government of India
Ministry of Corporate Affairs
5th Floor, Shastri Bhavan,
Dr. Rajendra Prasad Road,
New Delhi-110001,
Dated the 10th February 2012
To,
All Regional Directors,
All Registrars of Companies
Sub: Filing of conflicting returns by contesting parties – clarification regarding
Sir,
I am directed to invite a reference to Ministry’s circular No. 19 and 20 of 2011 issued on 02.05.2011 laying down certain p...
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Corporate Laws |
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Extension of date of submission of DVAT Returns
Posted Date : 09-Feb-2012 , 02:09:11 pm | Posted By: CASANSAAR
Date of filing online DVAT returns for the tax period december 2011 & third quarter 2011-12 extended upto 17-02-2012 and last date for filing of hard copy also extended upto 21-02-2012. (Circular No. 18 of 2011-12 )
Click here to check the Circlar...
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VAT |
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Government Notifies Effective Date of Companies Secretaries ( Amendment) Act,2011
Posted Date : 06-Feb-2012 , 09:30:19 am | Posted By: Akanksha Handa
NOTIFICATION
NEW DELHI, 30 JANURAY 2011
S.NO:192(E).- In excersie of the power conferred by sub section (2) of section 1 of the Companies secretaries (Amendement) Act,2011 (No. 4 of 2012) the Central Government herebyappoints 1st day of February, 2012 as the date on which the provision of the said Act shall come into force.
...
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Corporate Laws |
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IIIOTiFiCATlrOl\\J Paryavaran Bhawan CGO Complex, Loclhi Road New Delhi-ll0003. Hi Dated I -J January, 2012. ~Io. A-19011/4/2007-P.1I (.) Consequent upon the inclusion of his name in the Select liSt
Posted Date : 05-Feb-2012 , 10:41:00 pm | Posted By: Mrattunjay
Government of IndiaMinistry of Environm-ont g, ForestsIIIOTiFiCATlrOl\JParyavaran BhawanCGO Complex, Loclhi RoadNew Delhi-ll0003.HiDated I -J January, 2012.~Io. A-19011/4/2007-P.1I (.) Consequent upon the inclusion of his name in the Select liStof Selection Gracie (Deputy Secretary) of CS5 for the year 2010 vide Department oJPersonnel & Training Office Order No.3/1/2012-CS.I(D) dated 11th January, 2012, thePresident is pleased to appoint Shri P.IC Agarwal, a Grade I(Under Secretary) officer...
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Corporate Laws |
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Deregulation of Savings Bank Deposit Interest Rate - Guidelines
Posted Date : 05-Feb-2012 , 06:41:37 pm | Posted By: Mrattunjay
All Scheduled Commercial Banks(Excluding RRBs)
Dear Sir/Madam,
Deregulation of Savings Bank Deposit Interest Rate - Guidelines
Please refer to our circular DBOD.Dir.BC. 42 /13.03.00/2011-12 dated October 25, 2011.
2. Based on the references received from banks, we clarify that the revised guidelines issued vide our circular referred to above would be applicable to domestic savings bank deposits held by residents in India. Further, the interest rates applicable on the domestic savin...
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RBI |
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Regarding classification of Fused Silica under Customs Tariff Act, 1975
Posted Date : 02-Feb-2012 , 08:30:18 pm | Posted By: CASANSAAR
Circular No.03 / 2012 - Customs
F. No. 524/129/2011-STO (TU)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
229A, North Block, New Delhi,
1stFebruary, 2012.
To
All Chief Commissioners / Commissioner of Customs / Customs (Prev.)
All Chief Commissioners / Commissioner of Customs & Central Excise
All Commissioners of Customs (Appeals)
All Commissioners of Customs & Central Excise (Appeals)
All Directors General unde...
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Custom |
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Amends Notification No. 36/2001-Customs(N.T) dated 3rd August 2001
Posted Date : 01-Feb-2012 , 12:30:41 pm | Posted By: CASANSAAR
Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)
Notification No. 10/2012 – Customs (N. T.)
New Delhi, 31stJanuary, 2012
11 Magha, 1933 (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 expedient so to do, hereby makes the following amendment in the notificatio...
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Custom |
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Rate of exchange of conversion of each of the foreign currency with effect from 1st February, 2012
Posted Date : 31-Jan-2012 , 06:47:01 pm | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
Notification No. 9/2012- Customs (N.T.)
DATED THE 30thJanuary, 2012
10Magha, 1933(SAKA)
S.O.(E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.88/2011-CUSTOMS (N.T.), dated the 28thDecember, 2011videnumber S.O.2914(...
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Category :
Custom |
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Maintenance of Cash Reserve Ratio (CRR)
Posted Date : 31-Jan-2012 , 01:53:52 pm | Posted By: CA Satuti Mahajan
भारतीय िरज़वर् बैंक
RESERVE BANK OF INDIA___________________
www.rbi.org.in
RBI/2011-12/369
UBD.BPD. (PCB). CIR.No. 2 /12.03.000/2011-12 January 25, 2012
The Chief Executive Officers of
All Scheduled Primary (Urban) Co-operative Banks
Dear Sir,
Section 42(1) of Reserve Bank of India Act, 1934 –
Maintenance of Cash Reserve Ratio (CRR)
Pl...
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RBI |
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Notification No. 6/2012
Posted Date : 23-Jan-2012 , 12:45:28 pm | Posted By: Lavina Bajaj
[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. 6 /2012-Customs (N.T.)
New Delhi, the 19th January, 2012
G.S. R. (E).- In exercise of the powers conferred by sub-section (6) of Section 9A and sub-section (2) of section 9AA of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following rules further to amend the Custo...
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Custom |
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Notification No. 5/2012
Posted Date : 23-Jan-2012 , 12:44:42 pm | Posted By: Lavina Bajaj
[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. 05 /2012- Customs (N.T.)
New Delhi, the19th January, 2012
G.S.R. (E). - In exercise of the powers conferred by sub-section (2) of section 9 AA of the Custom Tariff Act 1975 (51 of 1975), the Central Government hereby makes the following rules, namely:-
1. Short title, extent and commenceme...
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Custom |
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Customs
Posted Date : 22-Jan-2012 , 11:41:01 am | Posted By: CA Satuti Mahajan
[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. 3/2012-Customs
New Delhi, the 16th January, 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), and in supersession of the notification of the government of India in the Ministry of Finance ( Department of Revenue) No. 172/1994-Customs, ...
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Category :
Custom |
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Guidelines on Compensation of Whole Time Directors / Chief Executive Officers / Risk takers and Control function staff, etc
Posted Date : 20-Jan-2012 , 12:33:38 pm | Posted By: CA. SANAT PYNE
RBI/2011-12/349DBOD No.BC.72/29.67.001/2011-12
January 13, 2012
All Private Sector and Foreign Banks operating in India
Dear Sir / Madam,
Guidelines on Compensation of Whole Time Directors / Chief ExecutiveOfficers / Risk takers and Control function staff, etc.
The compensation practices, especially of large financial institutions, were one of the important factors which contributed to the recent global financial crisis.Employees were too often rewarded for increasing the short-term profi...
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RBI |
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Risk Management and Inter-Bank Dealings - Commodity Hedging
Posted Date : 20-Jan-2012 , 12:31:52 pm | Posted By: CA. SANAT PYNE
RBI/2011-12/353A. P. (DIR Series) Circular No.68
January 17, 2012
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Risk Management and Inter-Bank Dealings - Commodity Hedging
Attention of Authorised 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, 2000], as amended from time to time andA.P. (DIR Series) Circ...
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RBI |
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Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988 (2011) Sanctions List - RRBs
Posted Date : 20-Jan-2012 , 12:25:52 pm | Posted By: CA. SANAT PYNE
RBI/2011-12/354RPCD.CO RRB.AML.No. 7156/03.05.28(A)/2011-12
January 18, 2012
The ChairmenAll Regional Rural Banks (RRBs)
Dear Sir,
Implementation of Section 51-A of UAPA, 1967-Updates of the UNSCR 1988 (2011) Sanctions List
Please refer to our circularRPCD.CO RRB.AML.BC.No.51/03.05.33(E)/2011-12 dated January 2, 2012. We have since received from Government of India, Ministry of External Affairs, UNP Division copies of notes forwarded by the Chairman of UN Security Council's 1988 Committe...
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RBI |
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Amendment in Scedule XIV
Posted Date : 20-Jan-2012 , 07:57:16 am | Posted By: CASANSAAR
Amendment in Scedule XIV
G.S.R. 880(E). dated14.12.2011
Click Here to View the Notification...
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Corporate Laws |
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Amends notification No.70/2010-Customs, dated the 25th June, 2010
Posted Date : 17-Jan-2012 , 07:39:10 pm | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No.8 /2012 – Customs (ADD)
New Delhi, the16thJanuary, 2012
G.S.R.(E).- In exercise of the powers conferred by sub-sections (1) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby makes the ...
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Custom |
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Regarding refund of 4% CVD (SAD)-Extension of time upto 31st March 2012, for using re-credited 4% CVD (SAD) amount in DEPB
Posted Date : 17-Jan-2012 , 08:07:22 am | Posted By: CASANSAAR
Circular No.02/2012-Customs
F.No.401/46/2008-Cus.III(Pt.)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
North Block, Room No. 253-A,
New Delhi, the 16thJanuary 2012.
To,
All Chief Commissioners of Customs/Customs (Prev.),
All Chief Commissioners of Customs & Central Excise,
All Commissioners of Customs/Customs (Prev.),
All Commissioners of Customs & Central Excise.
Subject:-Refund of 4% CVD (SAD)-Extension of ...
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Category :
Custom |
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Revised Treaty of Trade between India and Nepal
Posted Date : 13-Jan-2012 , 09:16:41 pm | Posted By: CASANSAAR
Circular No. 958/1/2012-CX
F.No.201/03/2010-CX.6
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
New Delhi, the 13thJanuary,2012
To
All Chief Commissioners of Central Excise
All Chief Commissioners of Customs & Central Excise
All Chief Commissioners of LTU
Sub:Revised Treaty of TradebetweenIndiaand Nepal.
Sir/Madam,
Pursuant toRevisedTreatyof Trade between Government of India andGovernment of Nepal, exportsto Nepal have been put atpar w...
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Category :
Excise |
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CPC- CENTRALISED PROCESSING OF RETURNS SCHEME, 2011
Posted Date : 11-Jan-2012 , 12:34:18 pm | Posted By: CASANSAAR
CENTRALISED PROCESSING OF RETURNS SCHEME, 2011
NOTIFICATION NO.2/2012[F.NO.142/27/2011-SO(TPL)], DATED 4-1-2012
In exercise of the powers conferred by sub-section (1A) of section 143 of Income Tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the following scheme for processing of returns of income, namely:-
1. Short title and commencement.—
(1). This Scheme may be called the Centralised Processing of Returns Scheme, 2011.
(2). It shall come into f...
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Category :
Income Tax |
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Seeks to extend date of submission of half yearly return for the period April 2011 to September 2011, from 6th January 2012 to 20th January 2012
Posted Date : 10-Jan-2012 , 06:02:19 pm | Posted By: CASANSAAR
F. No. 137/99/2011 – Service Tax
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise and Customs,**********
New Delhi, the 9thJanuary 2012
ORDER NO 1 /2012 – Service Tax
In exercise of the powers conferred by Rule 7(4) of the Service Tax Rules 1994 read with notification No. 48/2011-Service Tax dated 19thOctober 2011, Central Board of Excise and Customs hereby extends the date of submission of half yearly return for the period April 2011 to ...
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Category :
Service Tax |
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Regarding refund of 4% Additional Duty of Customs (4% CVD) in terms of Notification No. 102/2007-Customs dated 14.09.2001
Posted Date : 05-Jan-2012 , 05:33:44 pm | Posted By: CASANSAAR
Circular No 01/ 2012-Customs
F.No.401/46/2008-Cus.III
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
North Block, Room No. 253-A,
New Delhi, the 5thJanuary 2012.
To,
All Chief Commissioners of Customs / Customs (Prev.).
All Chief Commissioners of Customs & Central Excise.
All Commissioners of Customs / Customs (Prev.).
All Commissioners of Customs & Central Excise.
Subject:Refund of 4%Additional Duty of Customs (4% C...
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Category :
Custom |
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MCA:Important notice on Digital Certificates( SHA2)
Posted Date : 03-Jan-2012 , 12:45:33 pm | Posted By: Akanksha Handa
Important notice on Digital Certificates( SHA2)
If in case you are using Digital Certificate issued post 1st January 2012 (SHA2 Certificate ),please ensure that you have Windows XP ( SP3 )/ Windows Vista/Windows 7 installed....
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Corporate Laws |
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Extension of date of submission of service tax half yearly returns
Posted Date : 29-Dec-2011 , 07:21:55 pm | Posted By: CASANSAAR
F. No. 137/99/2011 – Service Tax
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise and Customs,**********
New Delhi, the 29thDecember 2011
ORDER NO 3 /2011 – Service Tax
In exercise of the powers conferred by Rule 7(4) of the Service Tax Rules 1994 read with notification No. 48/2011-Service Tax dated 19thOctober 2011, Central Board of Excise and Customs hereby extends the date of submission of half yearly return for the period April 2011 t...
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Category :
Service Tax |
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Clarification regarding handling of cargo in customs areas Regulations, 2009
Posted Date : 29-Dec-2011 , 07:17:41 pm | Posted By: CASANSAAR
Circular No. 54 / 2011-Customs
F.No.450/55/2008-Cus.IV (Pt.III)
Government of India
Ministry of FinanceDepartment of RevenueCentral Board of Excise and Customs
*****
229-A, North Block,
New Delhi, dated 29thDecember, 2011.
To,
All Chief Commissioners of Customs / Customs (Prev).
All Chief Commissioners of Customs & Central Excise.
All Commissioners of Customs / Customs (Prev).
All Commissioners of Customs & Central Excise
All Director General under CBEC.
Subject:Handling...
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Custom |
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Green Initiatives in Corporate Governance - Further Clarification regarding participation by Shareholders or Directors in meetings under the companies Act, 1956 through electronic mode-authorization regarding e-voting.
Posted Date : 27-Dec-2011 , 04:05:56 pm | Posted By: CASANSAAR
General Circular No: 72/2011 dated 27.12.2011
Green Initiatives in Corporate Governance - Further Clarification regarding participation by Shareholders or Directors in meetings under the companies Act, 1956 through electronic mode-authorization regarding e-voting.
Click Here to Download Circular...
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Corporate Laws |
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