RCM on services by individual DSAs to banks/ NBFCs wef 27.07.2018
Posted Date : 28-Jul-2018 , 08:46:24 am | Posted By: CASANSAAR
GSR......(E).- In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.10/2017- Integrated Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section...
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GST |
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CBIC notifies IGST exemption on certain services from 27th of July, 2018
Posted Date : 28-Jul-2018 , 08:45:07 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.9/2017- Integrated Tax (Rate), dated the 28th June, 2017, publishe...
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GST |
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IGST rates on various services with effect from 27th July, 2018
Posted Date : 28-Jul-2018 , 08:44:17 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 5, subsection (1) of section 6 and clause (iii) and clause (iv) of section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) read with sub-section (5) of section 15 and subsection (1) of section 16 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do, ...
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GST |
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Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by banks
Posted Date : 27-Jul-2018 , 09:29:11 pm | Posted By: CASANSAAR
RBI/2018-19/28
DBR.BP.BC.No.002 /21.04.141/2018-19
July 27, 2018
All Banks and
All India Financial Institutions,
Dear Sir,
Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by banks – Valuation of State Development Loans
Please refer to paragraph 2 of theStatement on Developmental and Regulatory Policies, issued as part of thesecond Bi-monthly Monetary...
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RBI |
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Diversification of activities of Standalone Primary Dealers-Foreign Exchange Business
Posted Date : 27-Jul-2018 , 09:28:01 pm | Posted By: CASANSAAR
RBI/2017-18/27
DNBR (PD) CC.No.094/03.10.001/2017-18
July 27, 2018
All Standalone Primary Dealers
Madam/Sir,
Diversification of activities of Standalone Primary Dealers-Foreign Exchange Business
Please refer to Para 11 of the Statement on Developmental and Regulatory Policies issued as part of theSecond Bi-monthly Monetary Policy Statement for 2018-19, dated June 06, 2018, on expanding activities of Standalone Primary Dealers (SPDs).
2. In order to facilitate SPDs to provide c...
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RBI |
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Last Date for filing Income Tax Return extended to 31/08/2018
Posted Date : 26-Jul-2018 , 07:16:46 pm | Posted By: CASANSAAR
F. No. 225/242/2018/ITA.II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes (ITA.II division)
North-Block, New Delhi, the 26th July, 2018
Order under Section 119 of the Income-tax Act, 1961
For certain categories of taxpayers, the ‘due-date’ of filing income-tax return for assessment-year 2018-2019 is 31.07.2018. Upon consideration of the matter, the Central Board of Direct Taxes, in exercise of its powers under section 11...
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Income Tax |
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Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018
Posted Date : 26-Jul-2018 , 08:42:17 am | Posted By: CASANSAAR
RBI/2018-19/24
FMRD.DIRD.01/14.03.038/2018-19
July 24, 2018
To
All participants in repo markets
Dear Sir/Madam
Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018
Please refer to Paragraph 5 of thestatement on Developmental and Regulatory Policies, Reserve Bank of India issued as part of thesixth Bi-monthly Monetary Policy Statement for 2017-18 dated February 07, 2018regarding issuance of comprehensive repo directions.
2. The draft directions were released for pu...
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RBI |
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Secondary Market Transactions in Government Securities – Short Selling
Posted Date : 26-Jul-2018 , 08:41:19 am | Posted By: CASANSAAR
RBI/2018-19/26
FMRD.DIRD.05/14.03.007/2018-19
July 25, 2018
All participants in Central Government securities market
Madam/Sir,
Secondary Market Transactions in Government Securities – Short Selling
TheStatement on Developmental and Regulatory Policies released by RBI on June 06, 2018proposed to liberalise the eligible short sale participant base and increase the entity-wise and security category-wise (liquid/other securities) limits for short selling in Government Securiti...
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RBI |
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CBDT Revised Format of Form No. 3CD wef 20th August, 2018
Posted Date : 24-Jul-2018 , 07:54:42 am | Posted By: CASANSAAR
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi
Notification No.33/2018, Dated: July 20, 2018
G.S.R. 666(E).– In exercise of the powers conferred bysection 44ABread with section 295 of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the Income-tax Act), 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 call...
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CBDT |
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Interest rates for Small Savings Schemes
Posted Date : 20-Jul-2018 , 07:47:34 am | Posted By: CASANSAAR
RBI/2018-19/22
DGBA.GBD.123/15.02.005/2018-19
July 19, 2018
The Chairman/Chief Executive Officer
Agency Banks handling Small Saving Schemes
Dear Sir
Interest rates for Small Savings Schemes
Please refer to ourcircular DGBA.GBD.2573/15.02.005/2017-18 dated April 12, 2018on the above subject. The Government of India, has vide their Office Memorandum (OM) No.F.No.01/04/2016–NS dated July 2, 2018 has stated that the interest rates on Small Savings Schemes for the second quarte...
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RBI |
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Appointment of Authorised Representative for Classes of Creditors under IBC
Posted Date : 14-Jul-2018 , 08:09:37 am | Posted By: CASANSAAR
Section 21 (6A) (b) of the Insolvency and Bankruptcy Code, 2016 (Code) read with regulation 16A (1) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (Regulations) provide that where the corporate debtor has at least ten financial creditors in a class, the interim resolution professional shall offer a choice of three insolvency professionals and a creditor in the class may indicate its choice of an insolvency professional, fro...
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Corporate Laws |
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Applications for appointment to the posts of Member (Judicial/ Accountant) in ITAT
Posted Date : 14-Jul-2018 , 07:48:45 am | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF LAW AND JUSTICE
DEPARTMENT OF LEGAL AFFAIRS
****
CIRCULAR
Subject: Applications for appointment to the posts of Member (Judicial/ Accountant), Income Tax Appellate Tribunal.
****
In exercise of the powers conferred by section 252 of the Income-Tax Act, 1961, the Central Government has constituted the Income Tax Appellate Tribunal to hear appeals against the orders passed by various authorities stated in section 253 of the Act.
2. Applications a...
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Income Tax |
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Period for Submission of Agency Commission Claims
Posted Date : 12-Jul-2018 , 10:09:21 pm | Posted By: CASANSAAR
RBI/2018-19/16
DGBA.GBD.No.87/31.02.007/2018-19
July 12, 2018
All Agency Banks
Dear Sir
Period for Submission of Agency Commission Claims
Please refer to ourcircular no.DGBA.GBD.N0.3262/31.02.007/2016-17 dated June 15, 2017through which all agency banks were advised to submit their agency commission claims to the Reserve Bank of India within 90 days from the end of the quarter during which the trans...
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RBI |
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Lending to non-corporate farmers – System wide average of last three years
Posted Date : 12-Jul-2018 , 10:08:29 pm | Posted By: CASANSAAR
RBI/2018-19/15
FIDD.CO.Plan.BC 07/04.09.01/2018-19
July 12, 2018
The Chairman/ Managing Director
Chief Executive Officer
[All Domestic Scheduled Commercial Banks
(excluding Regional Rural Banks and Small Finance Banks)]
Dear Sir/ Madam,
Priority Sector Lending - Targets and Classification: Lending to non-corporate farmers – System wide average of last three years
Please re...
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RBI |
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Incorporation of Name of the Purchaser on the Face of the Demand Draft
Posted Date : 12-Jul-2018 , 10:07:26 pm | Posted By: CASANSAAR
RBI/2018-19/14
DBR.AML.BC.No.210/14.01.001/2018-19
July 12, 2018
The Chairperson/CEOs of all Scheduled Commercial Banks including
Regional Rural Banks/Urban Co-operative Banks/State Co-operative Banks/
District Central Co-operative Banks/Local Area Banks/Small Finance
Banks/Payment Banks
Dear Sir/Madam,
Incorporation of Name of the Purchaser on the Face of the Demand Draft
In or...
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RBI |
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Late fees of Rs. 5000 for delay in submission of e-form DIR-3 KYC
Posted Date : 09-Jul-2018 , 07:51:08 am | Posted By: CASANSAAR
Government of India
MINISTRY OF CORPORATE AFFAIRS
Notification
New Delhi, dated 05.07.2018
G.S.R.(E).—In exercise of the powers conferred by sections 396,398,399, 403 and 404 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend theCompanies (Registration Offices and Fees) Rules, 2014, namely:-
1. (1) These rules may be called the Companies (Registration Offices and ...
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Category :
Companies Act |
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Companies (Accounting Standards) Amendment Rules, 2018
Posted Date : 07-Jul-2018 , 07:30:52 am | Posted By: CASANSAAR
G.S.R. 569(E).—In exercise of the powers conferred by clause (a) of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956) read with section 210A and sub-section (3C) of section 211 and of the said Act, the Central Government, in consultation with National Advisory Committee on Accounting Standards, hereby makes the following rules to amend the Companies (Accounting Standards) Rules, 2006, namely:...
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Companies Act |
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CBIC amends Anti-Profiteering Rules
Posted Date : 06-Jul-2018 , 09:09:12 pm | Posted By: CASANSAAR
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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GST |
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Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks
Posted Date : 06-Jul-2018 , 09:01:42 pm | Posted By: CASANSAAR
RBI/2018-19/12
DCBR.BPD.(PCB/RCB)Cir.No.1/16.20.000/2018-19
July 6, 2018
The Chief Executive Officer
All Primary (Urban) Co-operative Banks /
All State Co-operative Banks /
All District Central Co-operative Banks
Dear Sir/Madam,
Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuat...
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RBI |
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0 | Hits : 684
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RBI Master Circular – Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public
Posted Date : 06-Jul-2018 , 07:51:19 am | Posted By: CASANSAAR
RBI/2018-19/11
DCM (CC) No.G-4/03.44.01/2018–19
July 3, 2018
The Chairman & Managing Director
Chief Executive Officers
All Banks
Madam / Dear Sir,
Master Circular – Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public
Please refer to theCircular DCM (CC) No.G-3/03.44.01/2017-18 dated October 12, 2017on the sch...
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RBI |
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0 | Hits : 694
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RBI Master Circular - Kisan Credit Card (KCC) Scheme
Posted Date : 05-Jul-2018 , 08:53:38 am | Posted By: CASANSAAR
RBI/2018-19/10
FIDD.CO.FSD.BC.No.6/05.05.010/2018-19
July 4, 2018
The Chairman / Managing Director /Chief Executive Officer
All Scheduled Commercial Banks (including Small Finance Banks and excluding RRBs)
Madam/Sir,
Master Circular - Kisan Credit Card (KCC) Scheme
The Reserve Bank of India has issued guidelines on Kisan Credit Card (KCC) scheme from time to time. ThisMaster Circularconsolidates the relevant guidelines issued by the Bank on Kisan Credit Card scheme upto June 30,...
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RBI |
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RBI Master Circular – Deendayal Antyodaya Yojana
Posted Date : 05-Jul-2018 , 08:52:42 am | Posted By: CASANSAAR
RBI/2018-19/9
FIDD.GSSD.CO.BC.No.05/09.01.01/2018-19
July 03, 2018
The Chairman/ Managing Director & CEO
All Scheduled Commercial Banks and Small Finance Banks
Dear Sir/Madam,
Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Please refer to theMaster Circular FIDD.GSSD.CO.BC.No.04/09.01.01/2017-18 dated July 01, 2017consolidating guidelines / instructions / directions issued to banks with regard to Deendayal Antyodaya Yojana ...
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RBI |
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0 | Hits : 461
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RBI Master Circular- Credit Facilities to Minority Communities
Posted Date : 05-Jul-2018 , 08:51:31 am | Posted By: CASANSAAR
RBI/2018-19/8
FIDD.GSSD.BC.No.01/09.10.01/2018-19
July 02, 2018
The Chairman/ Managing Director/ Chief Executive Officer
All Scheduled Commercial Banks & Small Finance Banks
(Excluding RRBs and Foreign banks with less than 20 branches)
Dear Sir / Madam,
Master Circular- Credit Facilities to Minority Communities
Please refer to ourMaster Circular FIDD.GSSD.BC.No.05/09.10.01/2017-18 dated July 01, 2017, consolidating the instructions / guidelines / directives issued to banks ...
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Category :
RBI |
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0 | Hits : 530
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RBI Master Circular on SHG-Bank Linkage Programme
Posted Date : 03-Jul-2018 , 08:22:24 am | Posted By: CASANSAAR
RBI/2018-19/07
FIDD.FID.BC.No.04/12.01.033/2018-19
July 02, 2018
The Chairman/ Managing Director/
Chief Executive Officer
All Scheduled Commercial Banks
Madam/ Dear Sir
Master Circular on SHG-Bank Linkage Programme
The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable banks to have instructions at one place, the Master Circular incorporating the existing guidelines/instructions on ...
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Category :
RBI |
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0 | Hits : 565
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RBI Master Circular – Lead Bank Scheme
Posted Date : 03-Jul-2018 , 08:21:25 am | Posted By: CASANSAAR
RBI/2018-19/5
FIDD.CO.LBS.BC.No.2/02.01.001/2018-19
July 2, 2018
The Chairmen and Managing Directors/Chief Executive Officers
SLBC Convenor Banks/Lead Banks
Dear Sir/Madam
MASTER CIRCULAR – Lead Bank Scheme
The Reserve Bank of India has issued a number of guidelines/instructions on Lead Bank Scheme from time to time. ThisMaster Circularconsolidates the relevant guidelines/instructions issued by Reserve Bank of India on Lead Bank Scheme up to June 30, 2018 as listed in the ...
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Category :
RBI |
Comments :
0 | Hits : 679
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RBI Master Circular – Detection and Impounding of Counterfeit Notes
Posted Date : 03-Jul-2018 , 08:20:24 am | Posted By: CASANSAAR
RBI/2018-19/04
DCM(FNVD)G – 1/16.01.05/2018-19
July 2, 2018
The Chairman/ Managing Director /Chief Executive Officer
All Banks and
Director of Treasuries of all States
Dear Sir / Madam,
Master Circular – Detection and Impounding of Counterfeit Notes
Please refer to theMaster Circular DCM(FNVD)G - 4/16.01.05/2017-18 dated July 20, 2017consolidating the instructions issued till July 20, 2017, relating to Detection and Impounding of Counterfeit Notes. TheMaster Circula...
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Category :
RBI |
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0 | Hits : 844
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RBI Master Circular – Facility for Exchange of Notes and Coins
Posted Date : 03-Jul-2018 , 08:19:06 am | Posted By: CASANSAAR
RBI/2018-19/3
DCM (NE) No.G-2/08.07.18/2018-19
July 02, 2018
The Chairman and Managing Director /
The Managing Director/
The Chief Executive Officer
All Banks
Madam / Dear Sir
Master Circular – Facility for Exchange of Notes and Coins
Please refer to theMaster Circular DCM (NE) No.G-1/08.07.18/2017-18 dated July 03, 2017containing instructions on the facility for exchange of notes and coins. A revised version of Master Circular on the subject isannexedfor your informatio...
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Category :
RBI |
Comments :
0 | Hits : 988
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RBI Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Posted Date : 03-Jul-2018 , 08:17:46 am | Posted By: CASANSAAR
RBI/2018-19/2
DGBA.GBD.No.2/31.12.010/2018-19
July 2, 2018
All Agency Banks
Dear Sir / Madam
Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Please refer to ourMaster Circular RBI/2017-18/2 dated July 1, 2017on the above subject. We have now revised and updated the Master Circular which consolidates important instructions on the subject issued by the Reserve Bank of India till June 30, 2018.
2. A copy of the revisedMaster Circul...
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Category :
RBI |
Comments :
0 | Hits : 523
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RBI Master Circular - Disbursement of Government Pension by Agency Banks
Posted Date : 03-Jul-2018 , 08:16:32 am | Posted By: CASANSAAR
RBI/2018-19/1
DGBA.GBD.No.-1/31.02.007/2018-19
July 2, 2018
All Agency Banks
Dear Sir/Madam
Master Circular - Disbursement of Government Pension by Agency Banks
Please refer to ourMaster Circular RBI/2017-18/1 dated July 1, 2017on the above subject. We have now revised and updated the Master Circular which consolidates important instructions on the subject issued by the Reserve Bank of India till Ju...
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Category :
RBI |
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Due date to link Aadhaar with PAN extended till 31st March 2019
Posted Date : 02-Jul-2018 , 07:48:21 am | Posted By: CASANSAAR
F.No.225/270/2017/ITA.II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
North-Block, ITA.II Division
New Delhi, dated the 30th of June, 2018
Order under Section 119 of the Income-tax Act, 1961
Vide its orders dated 31.07.17, 31.08.17, 08.12.17 & 27.03.18, in file of even number, CBDT had allowed time till 30th June, 2018 to link PAN with Aadhaar while filing the tax-returns. Upon consideration of the matter, the CBDT further extend...
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Category :
Income Tax |
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