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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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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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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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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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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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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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/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/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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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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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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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/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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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 | Comments : 0 | Hits : 2673

G.S.R….. (E).— In exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013) and sub-section (1) of section 210A of the Companies Act, 1956 (1 of 1956), the Central Government, in consultation with the National Advisory Committee on Accounting Standards, hereby makes the following rules further to amend the Companies (Indian Accounting Standards) Rules, 2015, namely:-...

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RBI/2018-19/49 FIDD.CO.Plan.BC.08/04.09.01/2018-19 September 21, 2018 The Chairman / Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (excluding RRBs & SFBs) and All NBFC-ND-SIs Dear Sir/ Madam, Co-origination of loans by Banks and NBFCs for lending to priority sector Please refer to Para 3 of theStatement on Developmental and Regulatory Policiesof theThird Bi-Monthly Monetary Policy Statement 2018-19 dated August 1, 2018, introducing the Co-origin...

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During the financial year (2018-2019), fee of rupees five hundred shall be payable from 21.09.2018 to 05.10.2018 and fee of rupees five thousand shall be payable on or after 06.10.2018" ...

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Category : Companies Act | Comments : 0 | Hits : 1947

RBI/2018-19/48 A.P. (DIR Series) Circular No.9 September 19, 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 2.4.1 and 3.3.3 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 Authori...

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S.O. ......(E).-ln exercise of the powers conferred by sub-sections [1) and (2) of section 467 of the Companies Act, 2013 (18 of 2013J, the Central Government hereby makes the following amendments to amend Schedule V of the said Act, namely...

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Category : Companies Act | Comments : 0 | Hits : 2041

G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government hereby appoints the 1 st day of October, 2018, as the date on which the provisions of section 52 of the said Act shall come into force....

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G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and in supercession of the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 33/2017-Central Tax, dated the 15th September, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1163 (E), dated the 15th September, 2017, except as respects th...

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G.S.R……(E).- In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017, namely:-...

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The representations have been examined. With the approval of the GST Implementation Committee of the GST Council, it is clarified that GST on PSLCs for the period 1.7.2017 to 27.05.2018 will be paid by the seller bank on forward charge basis and GST rate of 12% will be applicable on the supply....

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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), and in supercession of –...

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Category : GST | Comments : 0 | Hits : 2155

G.S.R……(E). - In exercise of the powers conferred by the second proviso to sub-section (1) of section 37 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), and in supercession of –...

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Category : GST | Comments : 0 | Hits : 2507

G.S.R.....(E),– In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017 (hereafter in this notification referred to as the said rules), the Commissioner, on the recommendations of the Council, hereby makes the following amendments–...

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Category : GST | Comments : 0 | Hits : 1496

G.S.R.....(E),– In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017 (hereafter in this notification referred to as the said rules), the Commissioner, on the recommendations of the Council, hereby makes the following further amendments–...

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Category : GST | Comments : 0 | Hits : 1449

G.S.R.....(E),– In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017 (hereafter in this notification referred to as the said rules), the Commissioner, on the recommendations of the Council, hereby makes the following further amendments in notification number 34/2018 – Central Tax dated the 10th August, 2018 published in the Gazette of India, E...

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G.S.R……(E).- In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017, namely:-...

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RBI/2018-19/46 DCM (NE) No.657/08.07.18/2018-19 September 7, 2018 The Chairman and Managing Director / The Managing Director/ The Chief Executive Officer All Banks Madam / Dear Sir, Amendments to Reserve Bank of India (Note Refund) Rules, 2009 Please refer to theReserve Bank of India (Note Refund) Rules, 2009wherein all branches of banks have been delegated powers for exchange of mutilated / defective notes. 2. Reserve Bank of India has made amendments to the Reserve Bank o...

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