Notification & Circulars


Access criteria for payment systems – sub-membership to centralised payment systems

 Notification No#RBI/2011-12/489     09 April 2012

 Access criteria for payment systems – sub-membership to centralised payment systems   RBI/2011-12/489 DPSS.CO.OD. 1848 /06.07.003/2011-2012 April 9, 2012   The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks including RRBs/ Urban Co-..

Posted in Others

Commissioner of Income Tax, Guwahati appointed as prescribed authority for the purposes of Section 108(1A) (a) of the Companies Act,1956

 Notification No#S.O. 733(E)     04 April 2012

 Companies (Central Governments’) General Rules & Forms,1956, Assistant Commissioner of Income Tax, Guwahati appointed as prescribed authority for the purposes of Section 108(1A) (a) of the Companies Act,1956 S.O. 733(E). 04.04.2012..

Posted in Corporate Law

Revision of interest rates - Public Provident Fund Scheme, 1968 (PPF, 1968) and Senior Citizens Savings Scheme, 2004 (SCSS, 2004)

 Notification No#RBI/2011-12/483      03 April 2012

 RBI/2011-12/483  DGBA.CDD. No. H- 6506 /15.02.001/2011-12 April 3, 2012   The Chairman and Managing Director/Managing Director Head Office, Government Accounts Department State Bank of India/State Bank of Patiala/ State Bank of Bikaner & Jaipur/State Bank of Travancore/..

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Clarification regarding classification of structural components of Boiler and admissibility of CENVAT credit on these structural components – reg

 Notification No#Circular No.964/07/2012-CX     02 April 2012

 Circular No.964/07/2012-CX F. No. 84/1/2011-CX-1 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs   New Delhi, dated  2nd April, 2012   To   All Chief Commissioners of Central Excise & Customs, All Chief Com..

Posted in Excise

Discontinuation of Supplying Printed GR forms by Reserve Bank

 Notification No#RBI/2011-12/477     30 March 2012

 RBI/2011-12/477 A. P. (DIR Series) Circular No. 98 March 30, 2012   To, All Category – I Authorised Dealer Banks Madam / Sir,   Discontinuation of Supplying Printed GR forms by Reserve Bank   Attention of Authorised Dealer Category – I banks is invited to&..

Posted in Others

Trade Credits for Imports into India – Review of all-in-cost ceiling

 Notification No#RBI/2011-12/479     30 March 2012

 RBI/2011-12/479 A. P. (DIR Series) Circular No. 100 March 30, 2012   To All Category-I Authorised Dealer Banks Madam / Sir,   Trade Credits for Imports into India – Review of all-in-cost ceiling   Attention of Authorized Dealer Category-I (AD Category-I) banks i..

Posted in Others

Exemptions from 100% promoter(s) holding in demat form

 Notification No#SEBI/Cir/ISD/ 1 /2012     30 March 2012

 SEBI/Cir/ISD/  1  /2012 March 30, 2012   To, All the Recognized Stock Exchanges, Dear Sir/Madam,   Sub: Exemptions from 100% promoter(s) holding in demat form   1. This is further to SEBI circulars SEBI/Cir/ISD/3/2011  dated June 17, 2011 and SEBI/Cir..

Posted in Shares & Stock

Interest Rates on Export Credit in Foreign Currency

 Notification No#RBI/2011-12/480     30 March 2012

 RBI/2011-12/480 DBOD.DIR.No.91/04.02.001/2011-12 March 30, 2012   All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam,   Interest Rates on Export Credit in Foreign Currency   Please refer to our circular DBOD.DIR.No.52/04.02.001/2011-12 dated November..

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Income-tax (Fourth Amendment Rules, 2012 – Depreciation restricted to 15% on wind mills installed after 31-3-2012

 Notification No#15/2012 [F.No.149/21/2010-SO(TPL)] S.O.694(E)     30 March 2012

 Income-tax (Fourth Amendment Rules, 2012 – Depreciation restricted to 15% on wind mills installed after 31-3-2012   Notification No. 15/2012 [F.No.149/21/2010-SO(TPL)] S.O.694(E)   Dated 30-3-2012       In exercise of the powers conferred by section 295 o..

Posted in Income Tax

Broad Guidelines on Algorithmic Trading

 Notification No#CIR/MRD/DP/ 09 /2012     30 March 2012

 CIRCULAR CIR/MRD/DP/ 09 /2012 March 30, 2012   To  All Stock Exchanges Sir / Ma’am,   Sub: Broad Guidelines on Algorithmic Trading    1. It has been observed that adoption of technology for the purpose of trading in financial instruments has been on..

Posted in Shares & Stock