Relaxation on the guidelines to NBFCs on securitisation transactions
Posted Date : 30-Nov-2018 , 08:07:34 am | Posted By: CASANSAAR
RBI/2018-19/82
DNBR (PD) CC.No.95/03.10.001/2018-19
November 29, 2018
All NBFCs
Madam/Sir,
Relaxation on the guidelines to NBFCs on securitisation transactions
Please refer to the Guidelines on Securitisation Transactions vide paragraph 102 ofMaster Directions on Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions dat...
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RBI |
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Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit
Posted Date : 30-Nov-2018 , 08:06:17 am | Posted By: CASANSAAR
RBI/2018-19/81
DBR.Dir.BC.No.09/04.02.001/2018-19
November 29, 2018
All Scheduled Commercial Banks (excluding RRBs)
Small Finance Banks and
Primary (Urban) Cooperative Banks
Dear Sir / Madam,
Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit
Please refer to the operational instructions for the captioned scheme contained in RBI circular on Interest Equalisation S...
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RBI |
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External Commercial Borrowings (ECB) Policy – Review of Hedging Provision
Posted Date : 27-Nov-2018 , 08:25:33 am | Posted By: CASANSAAR
RBI/2018-19/79
A.P. (DIR Series) Circular No.15
November 26, 2018
To
All Category-I Authorised Dealer Banks
Madam / Sir
External Commercial Borrowings (ECB) Policy – Review of Hedging Provision
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.4.2 and 2.5 ofMaster Direction No.5 dated January 1, 2016on “External Commercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons o...
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FEMA |
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Father’s name non-mandatory in PAN application form - CBDT
Posted Date : 20-Nov-2018 , 10:14:18 pm | Posted By: CASANSAAR
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 82/2018
New Delhi, the 19th November, 2018
G.S.R. 1128(E).—In exercise of the powers conferred by section 139A read with 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 theIncome-tax Rules, 1962, namely:—
1. Short, title and commencement.__(1) These rules may be called theIncome–tax (Tw...
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CBDT |
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Value Free Transfer (VFT) of Government Securities – Guidelines
Posted Date : 17-Nov-2018 , 08:38:19 am | Posted By: CASANSAAR
RBI/2018-19/78
IDMD.CDD.No.1241/11.02.001/2018-19
November 16, 2018
All SGL/CSGL Account holders
Madam/Sir,
Value Free Transfer (VFT) of Government Securities – Guidelines
A reference is invited to Notification No.183 dated September 05, 2011 on eligibility criteria and operational guidelines for Subsidiary General Ledger (SGL) / Constituent Subsidiary General Ledger (CSGL)/ accounts(as amende...
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RBI |
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Real Time Gross Settlement (RTGS) System - Implementation of Positive Confirmation
Posted Date : 15-Nov-2018 , 10:32:13 pm | Posted By: CASANSAAR
RBI/2018-19/76
DPSS (CO) RTGS No.1049/04.04.016/2018-19
November 15, 2018
The Chairman / Managing Director / Chief Executive Officer
of member banks participating in RTGS
Madam / Dear Sir,
Real Time Gross Settlement (RTGS) System - Implementation of Positive Confirmation
Presently, the National Electronic Funds Transfer (NEFT) system provides for sending a positive confirmation to the remitter of the funds regarding completion of the funds transfer, thus giving an assurance to t...
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RBI |
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MCA notifies National Financial Reporting Authority (NFRA) Rules, 2018
Posted Date : 15-Nov-2018 , 12:34:59 pm | Posted By: CASANSAAR
G.S.R. (E)… –In exercise of the powers conferred under sub-sections (2) and(4) of section 132, sub-section (1) of section 139 and sub-section (1) of section 469 ofthe Companies Act, 2013 (18 of 2013), the Central Government hereby makes thefollowing rules, namely,-...
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Companies Act |
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MCA extends Annual Filing ROC Returns Due Date to 31.12.2018
Posted Date : 31-Oct-2018 , 08:27:57 am | Posted By: CASANSAAR
Keeping in view the requests received from various stakeholders seeking extension of time for filing of financial statementsfor the financial year ended 31.03.2018on account of various factors , it has been decided to relax the additional fees payable by companies on e-forms AOC-4, AOC (CFS) A0C-4 XBRL and e- Form MGT-7 upto31.12.2018,wherever additional fee is applicable.
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Corporate Laws |
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Payments Bank and Small Finance Banks– access to Call/Notice/Term Money Market
Posted Date : 30-Oct-2018 , 09:09:19 am | Posted By: CASANSAAR
RBI/2018-19/68
FMRD.DIRD.09/14.01.001/2018-19
October 29, 2018
All Eligible Market Participants
Madam/Sir,
Payments Bank and Small Finance Banks– access to Call/Notice/Term Money Market
A reference is invited toMaster Direction No.2/2016-17, dated July 7, 2016on Money Market Instruments. A reference is also invited to the Guidelines for Licensing of Payments Banks andGuidelines for Licensing of Small Finance Banks in the Private Sector, dated November 27, 2014.
2. It is ...
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RBI |
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Procedure in respect of GST return of time expired drugs or medicines
Posted Date : 29-Oct-2018 , 08:52:55 am | Posted By: CASANSAAR
Various representations have been received seeking clarification on the procedure to be followed in respect of return of time expired drugs or medicines under the GST laws. The issues raised in the said representations have been examined and to ensure uniformity in the implementation of the law across the field formations, the Board, in exercise of its powers conferred under section 168(1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the “CGST Act”) her...
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GST |
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Casual taxable person registration & recovery of excess ITC distributed by ISD
Posted Date : 29-Oct-2018 , 08:51:45 am | Posted By: CASANSAAR
Representations have been received seeking clarification on certain issues under the GST laws. The same have been examined and the clarifications on the same are as below:...
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GST |
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GST Refund - Deficiency memo & Receipt of capital goods under EPCG
Posted Date : 29-Oct-2018 , 08:50:35 am | Posted By: CASANSAAR
The Board is in receipt of representations seeking clarification on certain issues relating to refund. In order to clarify these issues and to ensure uniformity in the implementation of the provisions of law across the field formations, the Board, in exercise of its powers conferred by section 168 (1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the “CGST Act”), hereby clarifies the issues as detailed hereunder:...
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GST |
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Processing of Applications for Cancellation of GST Registration submitted in FORM GST REG-16
Posted Date : 29-Oct-2018 , 08:49:00 am | Posted By: CASANSAAR
The Board is in receipt of representations seeking clarifications on various issues in relation to processing of the applications for cancellation of registration filed by taxpayers in FORM GST REG-16. In order to clarify these issues and to ensure uniformity in the implementation of the provisions of law across the field formations, the Board, in exercise of its powers conferred by section 168 (1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the “CGST Act&rd...
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GST |
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Extension of due date of filing Form GST ITC-04 to 31.12.2018 for period July, 17 to Sep, 18
Posted Date : 29-Oct-2018 , 08:47:07 am | Posted By: CASANSAAR
G.S.R… (E). - In pursuance of section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and sub-rule (3) of rule 45 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), and in supercession of the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 40/2018-Central Tax, dated the 4th September, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide num...
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GST |
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GST registration cancelled before 30.09.2018 -furnish GSTR-10 till 31.12.2018: CBIC
Posted Date : 29-Oct-2018 , 08:45:47 am | Posted By: CASANSAAR
G.S.R….(E).- In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the ‘said Act’), read with section 45 of the said Act and rule 81 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), the Central Government, on the recommendations of the Council, hereby notifies the persons whose registration under the said Act has been cancelled ...
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GST |
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Due date of filing Form GST ITC-04 for period July, 17 to Sep 18 extended to 31.12.2018
Posted Date : 26-Oct-2018 , 10:28:44 pm | Posted By: CASANSAAR
MINISTRY OF FINANCE
(Department of Revenue)
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 59/2018 – Central Tax
New Delhi, the 26th October, 2018
G.S.R. 1071(E).—In pursuance of section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and sub-rule (3) of rule 45 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), and in supercession of the notification of the Government of India in the Ministry of Fin...
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GST |
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Fire Audit of Currency Chests - Clarification
Posted Date : 26-Oct-2018 , 09:14:25 am | Posted By: CASANSAAR
RBI/2018-19/66
DCM (CC) No.1083/03.39.01/2018-19
October 25, 2018
The Chairman & Managing Director
Chief Executive Officer / Managing Director
All Banks having Currency Chests
Madam / Dear Sir,
Fire Audit of Currency Chests - Clarification
Please refer to the instructions issued videDCM (CC) No.G-11/3445/03.39.01/2015-16 dated April 13, 2016on ‘Security / Inspection Needs and...
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RBI |
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MCA notifies remaining constitution provision of NFRA wef 24.10.2018
Posted Date : 26-Oct-2018 , 08:48:55 am | Posted By: CASANSAAR
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 24th October, 2018
S.O. 5385(E).—Inexercise of the powers conferred by sub-section (3) of section 1 of theCompanies Act, 2013(18 of 2013), the Central Government hereby appoints the 24thOctober, 2018 as the date on which the sub-sections (2), (4), (5), (10), (13), (14) and (15) of section 132 of the said Act shall come into force.
[F. No. 1/4/2016-CL-I]
K.V. R. MURTY, Jt. Secy....
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Corporate Laws |
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Govt notifies Special Courts under Benami Property Act
Posted Date : 18-Oct-2018 , 08:03:45 am | Posted By: CASANSAAR
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 67/2018-Income Tax
New Delhi, the 16th October, 2018
S.O. 5323(E).-In exercise of powers conferred by sub-section (1) of section 50 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988) and in consultation with the Chief Justices of the respective High Courts, the Central Government hereby designates the court(s) of Session, as mentioned in Table below, as Special Court(s) for the area(s) specified in th...
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Category :
Income Tax |
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Valuation under the Insolvency and Bankruptcy Code, 2016
Posted Date : 17-Oct-2018 , 05:58:21 pm | Posted By: CASANSAAR
The Companies (Registered Valuers and Valuation) Rules, 2017 notified under the Companies Act, 2013 provides a comprehensive framework for development and regulation of the profession of valuers. Subject to meeting other requirements, an individual is eligible to be a registered valuer, if he (i) is a fit and proper person, (ii) has the necessary qualification and experience, (iii) is a valuer member of a Registered Valuer Organisation (RVO), (iv) has completed a recognised educational course as...
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Corporate Laws |
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Directions for Central Counterparties (CCPs) - RBI
Posted Date : 16-Oct-2018 , 07:28:01 am | Posted By: CASANSAAR
RBI/2018-19/60
DPSS.CO.OD No.803/06.08.005/2018-2019
October 15, 2018
Central Counterparties authorised by RBI /
Central Counterparties seeking authorisation from RBI /
Foreign Central Counterparties seeking recognition from RBI
Madam / Dear Sir,
Directions for Central Counterparties (CCPs)
Please refer to the announcement made in theSecond Bi-monthly Monetary Policy Review dated June ...
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RBI |
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Regarding amendments in Schedule III to the Companies Act, 2013 - MCA
Posted Date : 15-Oct-2018 , 08:29:37 am | Posted By: CASANSAAR
G.S.R. (E).—In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendments in Schedule III to the said Act with effect from the date of publication of this notification in the Official Gazette, namely:-...
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Corporate Laws |
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Sovereign Gold Bond Scheme 2018-19, Operational Guidelines
Posted Date : 09-Oct-2018 , 10:16:41 pm | Posted By: CASANSAAR
RBI/2018-19/58
IDMD.CDD.No.822/14.04.050/2018-19
October 08, 2018
The Chairman & Managing Director
All Scheduled Commercial Banks
(Excluding RRBs)
Designated Post Offices
Stock Holding Corporation of India ltd.(SHCIL)
National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd.
Dear Sir/Madam,
Sovereign Gold Bond Scheme 2018-19, Operational Guidelines
This has reference to theGoI notification F.No.4(22)-W&M/2018andRBI circular IDMD.CDD.No. /14.04.050/2018-1...
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RBI |
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Sovereign Gold Bond Scheme 2018-19
Posted Date : 09-Oct-2018 , 10:15:04 pm | Posted By: CASANSAAR
RBI/2018-19/57
IDMD.CDD.No.821/14.04.050/2018-19
October 08, 2018
The Chairman & Managing Director
All Scheduled Commercial Banks,
(Excluding RRBs)
Designated Post Offices
Stock Holding Corporation of India Ltd. (SHCIL)
National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd.
Dear Sir/Madam,
Sovereign Gold Bond Scheme 2018-19
Government of India has vide itsNotification F.No. 4(22)-W&M/2018 dated October 08, 2018announced the Sovereign Gold Bond Scheme ...
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RBI |
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The Electronic Trading Platforms (Reserve Bank) Directions, 2018
Posted Date : 06-Oct-2018 , 03:31:03 pm | Posted By: CASANSAAR
RBI/2018-2019/55
FMRD.FMID.07/14.03.027/2018-19
October 05, 2018
To
All operators of Electronic Trading Platforms
Dear Sir/Madam
The Electronic Trading Platforms (Reserve Bank) Directions, 2018
Please refer to Paragraph 9 of theStatement on Developmental and Regulatory Policies, Reserve Bank of India issued as part of theFourth Bi-monthly Monetary Policy Statement for 2017-18 dated October 04, 2017, wherein it was stated that the Reserve Bank shall put in place a framework for...
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RBI |
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Govt notifies NFRA wef 1st October 2018
Posted Date : 04-Oct-2018 , 09:13:18 pm | Posted By: CASANSAAR
MCA notifies 1st October, 2018 as the date of constitution of National Financial Reporting Authority. The following two notifications have been issued in this regard.
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 1st October, 2018
S.O. 5099(E).—In exercise of the powers conferred by sub-section (1) of section 132 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 1st October, 2018 as the date of constitution of National Financial...
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Corporate Laws |
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External Commercial Borrowings (ECB) Policy - Liberalisation - RBI
Posted Date : 04-Oct-2018 , 08:11:35 am | Posted By: CASANSAAR
RBI/2018-2019/54
A.P. (DIR Series) Circular No.10
October 3, 2018
To
All Category-I Authorised Dealer Banks
Madam / Sir,
External Commercial Borrowings (ECB) Policy - Liberalisation
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.4.5, 2.4.6 and 2.5 ofMaster Direction No.5 dated January 1, 2016on “External Commercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons other than A...
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Category :
FEMA |
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Voluntary Transition of Primary (Urban) Co-operative Banks (UCBs) into Small Finance Banks (SFBs)
Posted Date : 28-Sep-2018 , 08:18:08 am | Posted By: CASANSAAR
RBI/2018-19/52
DCBR.CO.LS.PCB. Cir.No.5/07.01.000/2018-19
September 27, 2018
Chief Executive Officers of all
Primary (Urban) Co-operative Banks
Dear Sir / Madam,
Voluntary Transition of Primary (Urban) Co-operative Banks (UCBs) into Small Finance Banks (SFBs)
Please refer to Paragraph 4 of the Statement on Developmental and Regulatory Policies announced on June 6, 2018 (extract enclosed) on t...
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RBI |
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Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards
Posted Date : 28-Sep-2018 , 08:17:06 am | Posted By: CASANSAAR
RBI/2018-19/51
DBR.BP.BC.No.4/21.04.098/2018-19
September 27, 2018
All Scheduled Commercial Banks
(Excluding RRBs) & Small Finance
Banks (SFBs)
Dear Sir,
Basel III Framework
on Liquidity Standards - Liquidity Coverage Ratio (LCR),
Liquidity Risk Monitoring Tools and LCR Disclosure Standards
Please refer to ourcircular DBR.BP.BC.No.114/21.04.098/2017-18 dated June 15, 2018and other associated circulars on the captioned subject.
2. Presently, the assets allowed as the Le...
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RBI |
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Companies (Registered valuers and Valuation) Third Amendment Rules, 2018
Posted Date : 26-Sep-2018 , 08:07:21 am | Posted By: CASANSAAR
G.s.R.......(E).- In exercise of the powers conferred by section 242 read, with section 469 of the Companies Act,2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the companies (Registered valuers and Valuation) Rules, 2012 namely...
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Category :
Companies Act |
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