Bank Finance to Factoring CompaniesRefer to the Master Circular No. RBI /2007-08/52.DBOD.BP.BC.13. /08.12.01/2007-08 dated July 2, 2007 on bank finance to non-banking financial companies (NBFCs). In terms of para 5.1 (i) of the circular, bills discounted / rediscounted by NBFCs (which is deemed to i..
Amendments to SEBI (Disclosure and Investor Protection) Guidelines, 2000 CIRCULAR NO. SEBI/CFD/DIL/DIP/30/2008/17/03, DATED 17-3-2008 1. In exercise of the powers conferred under sub-section (1) of section 11 of the Securities and Exchange Board of India Act, 1992, it has been decided to..
CIRCULAR NO. 1/2008, DATED 10-1-2008 Representations have been received from various quarters regarding applicability of the provisions of Section 194-I to cooling charges paid by the various customers to the owners of cold storages. It has been represented that the cold storage owner..
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Third Amendment) Regulations, 2007 - Amendments in Schedule 1 NOTIFICATION GSR 737(E)[NO. FEMA 170/2007-RB], DATED 13-11-2007 In exercise of the powers conferred by clause (b) of sub-section (3) of se..
Section 1 of the Government Securities Act, 2006 - Commencement of Act - Notified date NOTIFICATION NO. S.O. 2020(E), DATED 30-11-2007 In exercise of the powers conferred by sub-section (4) of section 1 of the Government Securities Act, 2006 (38 of 2006), the Central Government hereby appoints t..
Post Office (Monthly Income Accounts) (Second Amendment) Rules, 2007 NOTIFICATION NO. G.S.R. 763(E), DATED 8-12-2007 In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend t..
PAYMENT OF BONUS (AMENDMENT) ACT, 2007* [No. 45 OF 2007] An Act further to amend the Payment of Bonus Act, 1965. Be it enacted by Parliament in the Fifty-eighth Year of the Republic of India as follows:— Short title and commencement 1. (1) This Act may be called the Payment of Bonus (Am..
Foreign Direct Investments (FDI) – Issue of shares under FDI and refund of advance remittances A. P. (DIR SERIES) CIRCULAR NO. 20, DATED 14-12-2007 Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Secu..
Introduction of Index options with longer tenure CIRCULAR NO. SEBI/DNPD/CIR-34/2008, DATED 11-1-2008 1. The SEBI Derivatives Market Review Committee (DMRC) headed by Professor M. Rammohan Rao, recommended the introduction of new derivative products in the Indian market, with option contr..
Section 17 of the Foreign Exchange Management Act, 1999 - Appeal to Special Director (Appeals) – Notified Special Directors NOTIFICATION NO. S.O. 44(E), DATED 8-1-2008 In exercise of the powers conferred by sub-section (1) of section 17 of the Foreign Exchange Management Act, 1999 (42 of..