Notification & Circulars

Section 10(22B) of the Income-tax Act, 1961 – Exemptions - News Agency – Notified News Agency

Notification No#23/2012 15 June 2012

Section 10(22B) of the Income-tax Act, 1961 – Exemptions - News Agency – Notified News Agency NOTIFICATION NO. 23/2012 [F.NO. 165/02/2010-ITA.I] DATED 15-6-2012 In exercise of the powers conferred by the clause (22B) of sec..

Posted in Income Tax

Service Tax (Removal of Difficulty) Order, 2012 - Amends section 68 of the Finance Act, 1994

Notification No#ORDER NO. 1/2012 [F. NO. 334/1/2012-TRU] 15 June 2012

ORDER NO. 1/2012 [F. NO. 334/1/2012-TRU] DATED 15-6-2012 Whereas difficulties have arisen in giving effect to the provisions of section 143 of the Finance Act, 2012 (23 of 2012), insofar as it relates to insertion of section 66B in Chapter V of the Finance..

Posted in Service Tax

Notified Foreign oil Company selling crude oil in India -Exemption under Section 10(48)

Notification No#22/2012 [F.NO. 142/14/2012-SO (TPL)] 14 June 2012

Notified Foreign oil Company selling crude oil in India -Exemption under Section 10(48) NOTIFICATION NO. 22/2012 [F.NO. 142/14/2012-SO (TPL)] DATED 14-6-2012 In exercise of the powers conferred by clause (48) of section 10 read with section ..

Posted in Income Tax

Policy Guidelines for issuance and operation of Prepaid Payment Instruments in India- Amendments

Notification No#RBI/2011-12/601 14 June 2012

RBI/2011-12/601 DPSS.CO.PD. No. 2256 /02.14.006/ 2011-12 June 14, 2012 To All System Providers, System Participants and all other prospective prepaid payment instrument issuers Dear Sir, Policy Guidelines for issuance and operation of P..

Posted in Others

Policy Guidelines for issuance and operation of Prepaid Payment Instruments in India- Amendments

Notification No#RBI/2011-12/601 14 June 2012

Posted in Others

Review of Risk Management System (RMS) – regarding

Notification No#Circular No.15/2012-Customs 13 June 2012

Circular No.15/2012-Customs F.No.450/20/2007-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs 227-B, North Block, New Delhi-110001 13th June, 2012 To ..

Posted in Custom

Monetary Policy Statement 2012-13 - IT and IS Governance structures

Notification No#RBI/2011-12/600 13 June 2012

RBI/2011-12/600 DIT Cir. No.2833/09.63.025/2011-12 June 13, 2012 The Chairmen/Chief Executive Officers, All Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir, Monetary Policy Statement 2012-13 - IT and IS Governance structures ..

Posted in Others

Strengthening the Regulatory Framework for Unclaimed Deposits

Notification No#RBI/2011-12/599 12 June 2012

RBI/2011-12/599 RPCD.No. RRB.RCB.BC. 83/03.07.033/2011-12 June 12, 2012 All State and Central Co-operative Banks / Regional Rural Banks Dear Sir Strengthening the Regulatory Framework for Unclaimed Deposits ..

Posted in Others

Supplementary Memorandum Explaining the Official Amendments moved in the Finance Bill, 2012 as reflected in the Finance Act, 2012

Notification No#3/2012 12 June 2012

CIRCULAR NO. 3/2012, DATED 12-6-2012 FINANCE ACT, 2012 - PROVISIONS RELATING TO DIRECT TAXES The Finance Bill, 2012 was introduced in Parliament on 16-3-2012. Certain official amendments have been carried out during the passage of the Bill in Parliament. A gist of th..

Posted in Income Tax

Money Transfer Service Scheme

Notification No#RBI/2011-12/596 08 June 2012

RBI/2011-12/596 A. P. (DIR Series) Circular No. 132 June 8, 2012 To, All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme. Madam/ Sir, Money Transfer Service Scheme ..

Posted in Others