RBI Circular - Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards
Posted Date : 27-Aug-2015 , 05:59:37 pm | Posted By: Aarti Sharma
RBI/2015-16/163
DPSS.CO.PD.No.448/02.14.003/2015-16
August 27, 2015
All Scheduled Commercial Banks including RRBs /
Co-operative Banks / State Co-operative Banks /
Central Co-operative Banks / Authorised Card Payment Networks
Dear Madam / Sir,
Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards
A reference is invited to ourcircular DPSS (CO) PD No.2112/02.14.003/2014-15 dated May 07, 2015on the ca...
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RBI |
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RBI Circular - Detection of Counterfeit Notes
Posted Date : 27-Aug-2015 , 05:58:28 pm | Posted By: Aarti Sharma
RBI/2015-16/162
DCM (FNVD) No. 776/16.01.05/2015-16
August 27, 2015
The Chairman / Managing Director /
Chief Executive Officer
All Banks
Madam / Sir,
Detection of Counterfeit Notes
Please refer to ourCircular DCM (FNVD) No. 5840/16.01.05/2012-13 dated June 27, 2013on “Detection and Reporting of Counterfeit Notes”. The procedure for detection of counterfeit notes has been re...
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RBI Circular - CRIF High Mark Credit Information Services Private Limited
Posted Date : 27-Aug-2015 , 05:57:10 pm | Posted By: Aarti Sharma
RBI/2015-16/161
DBR.CID.BC.35/20.16.042/2015-16
August 27, 2015
All Commercial Banks (excluding RRBs)
All India Financial Institutions (EXIM Bank, NABARD, NHB and SIDBI)
LIC, GIC, UTI Mutual Fund, UTI Specified Undertaking
All Credit Information Companies
Dear Sir / Madam
Grant of ‘Certificate of Registration’ –
For carrying on the business of Credit Information –
CRIF High Mark Credit Information Services Private Limited
Please refer to ourcircular D...
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RBI Circular - Streamlining flow of credit to Micro and Small Enterprises (MSEs) for facilitating timely and adequate credit flow during their ‘Life Cycle’
Posted Date : 27-Aug-2015 , 05:56:02 pm | Posted By: Aarti Sharma
RBI/2015-16/160
FIDD.MSME & NFS.BC.No.60/06.02.31/2015-16
August 27, 2015
All Scheduled Commercial Banks
(Excluding Regional Rural Banks)
Dear Sir / Madam,
Streamlining flow of credit to Micro and Small Enterprises (MSEs) for facilitating timely and adequate credit flow during their ‘Life Cycle’
Micro and small units are more prone to facing financial difficulties during their Life Cycle than large enterprises / corporates when the business conditions turn advers...
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Rate of exchange of conversion of the foreign currency with effect from 26th August, 2015 - 82/2015
Posted Date : 26-Aug-2015 , 06:38:51 pm | Posted By: Aarti Sharma
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
Notification No. 82/2015 - Customs (N.T.)
Dated the 25thAugust, 2015
In exercise of the powers conferred bySection 14of theCustoms Act, 1962 (52 of 1962),the Central Board of Excise & Customs hereby makes the following amendments in theNotification of the Central Board of Excise and Customs No. 81/2015-CUSTOMS (N.T.) dated the 20th August, 2015,with effect from 26th Augus...
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Jurisdiction of Additional Commissioners of Income-tax or the Joint Commissioners of Income-tax under Black Money
Posted Date : 26-Aug-2015 , 07:40:53 am | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
Department of Revenue
(CENTRAL BOARD OF DIRECT TAXES)
[Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax]
NOTIFICATION NO. 73/2015
New Delhi, 24thAugust 2015
S.O. (E). -in exercise of the powers conferred byclause (b) of sub-section (4) of section 120of theIncome-tax Act, 1961 (43 of 1961)read withsection 6of theBlack Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (22 of 2015),...
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Income Tax |
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Free-home delivery of food isn't liable to service-tax
Posted Date : 26-Aug-2015 , 07:28:05 am | Posted By: CASANSAAR
Clarification on levy of service tax on food sold by way of pick up or home deliveries...
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Service Tax |
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 25-Aug-2015 , 06:09:41 pm | Posted By: Aarti Sharma
RBI/2015-16/158
Ref.No.IDMD/373/08.02.032/2015-16
August 24, 2015
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (re-issue) four dated securities for notified amount of Rs 14,000 crore as per the following details:
Sr No
Security
Notified Amo...
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RBI Circular - Foreign Direct Investment – Reporting under FDI Scheme on the e-Biz platform
Posted Date : 24-Aug-2015 , 06:44:01 pm | Posted By: Aarti Sharma
RBI/2015-16/157
A.P. (DIR Series) Circular No. 9
August 21, 2015
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Foreign Direct Investment – Reporting under FDI Scheme on the e-Biz platform
Attention of Authorised Dealers Category-I (AD Category - I) banks is invited to the provisions of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations 2000, notified by the Reserve Bank videNotification No. FEMA 20/20...
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RBI Circular - Guidelines for Relief Measures by Banks in Areas affected by Natural Calamities
Posted Date : 24-Aug-2015 , 06:42:12 pm | Posted By: Aarti Sharma
RBI/2015-16/156
FIDD No. FSD.BC.12/05.10.001/2015-16
August 21, 2015
The Chaiman/Managing Director/Chief Executive Officer
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Madam/Dear Sir
GUIDELINES FOR RELIEF MEASURES BY BANKS
IN AREAS AFFECTED BY NATURAL CALAMITIES
Please refer to ourMaster Circular FIDD.No.FSD.BC.01/05.10.001/2015-16 dated July 1, 2015containing ‘Guidelines for Relief Measures by Banks in Areas affected by Natural Calamities’. Cons...
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Clarification regarding the provisions of Section 73, 76 and 78 of the Finance Act, 1994 and Section 11AC of the Central Excise Act, 1944
Posted Date : 20-Aug-2015 , 09:31:22 pm | Posted By: CASANSAAR
F.No.137/46/2015-Service Tax
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE & CUSTOMS
SERVICE TAX WING
New Delhi, dated 18thAugust, 2015
To
All Principal Chief Commissioners of Central Excise
All Chief Commissioners of Central Excise/ Service Tax
Principal Directors General of Goods & Services Tax/ Systems/Central Excise Intelligence
Director General of Audit
All Principal Commissioners of Central Excise/Service T...
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Service Tax |
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Govt. notifies Challan No. ITNS 284 for depositing taxes under Black Money Act
Posted Date : 19-Aug-2015 , 11:16:35 pm | Posted By: CASANSAAR
Govt. notifies 'Challan No. ITNS 284' for depositing taxes under Black Money Act
...
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Income Tax |
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Authorized Economic Operator (AEO) Programme –regarding
Posted Date : 19-Aug-2015 , 06:23:43 pm | Posted By: Aarti Sharma
Circular No. 21/2015
F.No. 450/179/2009-Cus IV (Pt)
Government of India
Ministry of Finance
Department of Revenue
(Central Board of Excise and Customs)
New Delhi, dated: 19.08.2015
To,
(i)AllChief Commissioners of Customs/ Customs (Prev.)
(ii)All Chief Commissioners of Customs and Central Excise
(iii)All Commissioners of Customs/ Customs (Prev.)
(iv)All Commissioners of Customs and CentralExcise
(v)All Director...
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Category :
Custom |
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CBDT notifies rules to determine period of stay of crew members of foreign bound ships in India
Posted Date : 18-Aug-2015 , 10:10:24 pm | Posted By: CASANSAAR
S.O. 2240(E).- In exercise of the powers conferred by Explanation 2 to clause (1) of section 6 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 the Income-tax Rules, 1962, namely:-...
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 18-Aug-2015 , 05:19:20 pm | Posted By: Aarti Sharma
RBI/2015-16/155
Ref. No. IDMD/321/08.02.032/2015-16
August 17, 2015
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (re-issue) four dated securities for notified amount of Rs 14,000 crore as per the following details:
Sr No
Security
Notified A...
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CBDT clarifies issues relating to exemption and approval of Educational Institutions
Posted Date : 17-Aug-2015 , 09:58:39 pm | Posted By: CASANSAAR
Sub-clause (vi) of clause (23C) of Sec 10 of the Income-tax Act, 1961 (‘Act’) prescribes that income of any university or other educational institutions, existing solely for educational purposes and not for purposes of profit, shall be exempt from tax if such entities are approved by the prescribed authorities. Such approval is not required in cases of university or educational institutions wholly or substantially financed by the Government [sub-clause (iiiab)] or if their aggregate ...
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CBDT |
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RBI Circular - Conduct of Government Business by Agency Banks – Payment of Agency Commission
Posted Date : 13-Aug-2015 , 06:18:23 pm | Posted By: Aarti Sharma
RBI/2015-16/153
DGBA.GAD.No. 617/31.12.010(C)/2015-16
August 13, 2015
The Chairman/Chief Executive Officer
All Agency Banks
Dear Sir / Madam,
Conduct of Government Business by Agency Banks – Payment of Agency Commission
Please refer to paragraphs 2 to 7 of ourMaster Circular No RBI /2015-16/81 dated July 01, 2015on the captioned subject, wherein government transactions eligible for and not eligible for agency commission are discussed.
2. In this connection, it is clarif...
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RBI Circular - Union Budget - 2015-16 Interest Subvention Scheme
Posted Date : 13-Aug-2015 , 06:15:32 pm | Posted By: Aarti Sharma
RBI/2015-16/152
FIDD.No.FSD.BC.59/05.04.02/2015-16
August 13, 2015
The Chairman / Managing Director
All Public & Private Sector Scheduled Commercial Banks
Dear Sir/Madam
Union Budget - 2015-16
Interest Subvention Scheme
Please refer to our letter FIDD CO.FSD.No.10740/05.04.02/2014-15 dated June 17, 2015 conveying extension of Interest Subvention Scheme upto July 31, 2015. In this regard, it is advised that Government of India has approved the implementation of the Interest ...
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RBI Circular - Exim Bank's GoI supported Line of Credit of USD 6.20 million to Myanma Foreign Trade Bank
Posted Date : 13-Aug-2015 , 06:14:09 pm | Posted By: Aarti Sharma
RBI/2015-16/151
A.P.(DIR Series) Circular No.8
August 13, 2015
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Exim Bank's GoI supported Line of Credit of USD 6.20 million to Myanma Foreign Trade Bank
Export-Import Bank of India (Exim Bank) has entered into an Agreement dated May 22, 2015 with the Myanma Foreign Trade Bank, Republic of Union of Myanmar, for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 6.20 million (US...
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 11-Aug-2015 , 05:59:19 pm | Posted By: Aarti Sharma
RBI/2015-16/150
Ref. No.IDMD/280/08.02.032/2015-16
August 10, 2015
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (re-issue) four dated securities for notified amount of Rs 14,000 crore as per the following details:
Sr No
Security
Notified Am...
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RBI |
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CBDT notifies Rules for the purpose of FATCA entered into between India and USA
Posted Date : 10-Aug-2015 , 07:20:37 am | Posted By: CASANSAAR
S.O. 2155(E) - In exercise of the powers conferred by section 285BA read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government with respect to registration of persons, due diligence and maintenance of information, and the Board for matters relating to statement of reportable accounts, hereby make the following rules further to amend the Income-tax Rules, 1962, namely:-...
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Income Tax |
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RBI Circular - Exposure Norms limit for the Standalone Primary Dealers (SPDs)
Posted Date : 06-Aug-2015 , 05:49:37 pm | Posted By: Aarti Sharma
RBI/2015-16/149
DNBR.CO.PD.No.068/03.10.01/2015-16
August 6, 2015
To
All Standalone Primary Dealers
Madam/ Sir,
Exposure Norms limit for the Standalone Primary Dealers (SPDs)
Please refer to thecircular IDMD.PCD.12/14.03.05/2013-14 dated March 27, 2014on the captioned subject.
2. To facilitate greater level of participation in corporate bonds by SPDs, it has been decided to increase exposure ceiling limits in respect of single borrower / counterparty from 25 per cent to 50 ...
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RBI Circular - Section 23 of the Banking Regulation Act, 1949 - Relaxations in Branch Authorisation Policy
Posted Date : 06-Aug-2015 , 05:48:01 pm | Posted By: Aarti Sharma
RBI/2015-16/148
DBR.No.BAPD.BC.34/22.01.001/2015-16
August 6, 2015
All Domestic Scheduled Commercial Banks
(excluding RRBs)
Madam / Dear Sir
Section 23 of the Banking Regulation Act, 1949 -
Relaxations in Branch Authorisation Policy
Please refer tocirculars DBOD.No.BAPD.BC.54and60/22.01.001/2013-14dated September 19, 2013 and October 21, 2013 respectively on the above subject, permitti...
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RBI Circular - Interest Rates on Deposits – Deposits of Army Group Insurance Directorate (AGID)
Posted Date : 06-Aug-2015 , 05:46:22 pm | Posted By: Aarti Sharma
RBI/2015-16/147
DBR.Dir.BC.No.33/13.03.00/2015-16
August 06, 2015
All Scheduled Commercial Banks
(Excluding RRBs)
Dear Sir/Madam
Interest Rates on Deposits – Deposits of Army Group Insurance Directorate (AGID), Naval Group Insurance Fund (NGIF) and Air Force Group Insurance Society (AFGIS)
Please refer to our circulars DBOD.No.Dir.BC.121/C.347 (26)-86 dated October 29, 1986, DBOD. No. Dir. BC.26/C.347(26)-87 dated September 1, 1987 and DBOD. No. Dir. BC. 28/C.347(26)-87 da...
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RBI Circular - Exim Bank's GoI supported Line of Credit of USD 18.08 million to the Government of Republic of Chad
Posted Date : 06-Aug-2015 , 05:45:20 pm | Posted By: Aarti Sharma
RBI//2015-16/146
A.P. (DIR Series) Circular No.7
August 06, 2015
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Exim Bank's GoI supported Line of Credit of USD 18.08 million
to the Government of Republic of Chad
Export-Import Bank of India (Exim Bank) has entered into an agreement on August 6, 2014 with the Government of Republic of Chad, for making available to the latter, a line of credit (LOC) of USD 18.08 million (USD Eighteen Million and Eighty Thousand) fo...
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RBI |
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Seeks to further amend notification No. 12/2012-Customs so as to delete the requirement of registration of Ship Repair Unit with Director General of Shipping
Posted Date : 06-Aug-2015 , 08:09:17 am | 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)
Notification No. 43/2015-Customs
New Delhi, the 4th August, 2015
G.S.R. (E).-In exercise of the powers conferred bysub-section (1) of section 25of theCustoms 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 amendmen...
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Custom |
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 04-Aug-2015 , 06:06:09 pm | Posted By: Aarti Sharma
RBI/2015-16/145
Ref.No.IDMD/246/08.02.032/2015-16
August 03, 2015
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (re-issue) four dated securities for notified amount ofRs 14,000crore as per the following details:
Sr No
Security
Notified A...
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RBI |
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RBI Circular- Review of Guidelines on Restructuring of Advances by NBFCs
Posted Date : 30-Jul-2015 , 06:23:21 pm | Posted By: Aarti Sharma
RBI/2015-16/144
DNBR.CO.PD.No. 067/03.10.01/2015-16
July 30, 2015
All NBFCs excluding Primary Dealers
Dear Sirs,
Review of Guidelines on Restructuring of Advances by NBFCs
Please refer to the circularsDNBS.CO.PD.No.367/03.10.01/2013-14, dated January 23, 2014andDNBR.CO.PD.No.011/03.10.01/2014-15 dated January 16, 2015, on the captioned subject.
2. In terms of the extant instructions contained in the above mentioned circulars, revisions of the date of DCCO and consequential shi...
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RBI Circular - Anti-Money Laundering (AML)/ Combating of Financing of Terrorism (CFT) - Standards
Posted Date : 30-Jul-2015 , 06:22:15 pm | Posted By: Aarti Sharma
RBI/2015-16/143
DBR.AML.No.1637/14.01.001/2015-16
July 30, 2015
The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ all NBFCs/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (StCBs / CCBs) /All Payment System Providers/ System Participants and Prepaid Payment Instrument Issuers/ All authorised persons including those who are agents of Money Transfer Service Scheme
Dear Sir/ Mad...
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RBI Circular - Master Circular - National Rural Livelihoods Mission (NRLM)
Posted Date : 30-Jul-2015 , 06:21:07 pm | Posted By: Aarti Sharma
RBI/2015-16/142
FIDD.GSSD.CO.BC.No.09/09.01.01/2015-16
July 30, 2015
The Chairman/ Managing Director
All Scheduled Commercial Banks
Dear Sir/Madam,
Master Circular - National Rural Livelihoods Mission (NRLM)
Reserve Bank of India has periodically issued instructions/directives to banks with regard to operationalisation of the Government of India’s National Rural Livelihoods Mission (NRL...
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