Notification & Circulars


Amends Service Tax Rules, 1994

 Notification No#Notification No. 48/2011 – Service Tax     19 October 2011

 Amends Service Tax Rules, 1994   [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. 48/2011 – Service Tax   New Delhi, the ..

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Repatriation of income and sale proceeds of assets held abroad by NRIs who have returned to India for permanent settlement/acquired abroad through remittances under LRS - Clarification

 Notification No#A.P. (DIR Series) Circular No. 37     19 October 2011

 RBI/2011-12/226 A.P. (DIR Series) Circular No. 37 October 19, 2011 To, All Banks Authorised to Deal in Foreign Exchange Madam / Sir, (i) Repatriation of income and sale proceeds of assets held abroad by NRIs who have returned to India for permanent settlement (ii) repatriation of incom..

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Credit Default Swaps - Derivative under RBI Act, 1934

 Notification No#IDMD.PCD. 11 /14.03.04/2011-12     19 October 2011

 RBI/2011-12/227 IDMD.PCD. 11 /14.03.04/2011-12 October 19, 2011 All market participants Dear Sir/Madam,   Notification of Credit Default Swaps as a derivative under Reserve Bank of India Act, 1934   Reserve Bank of India having considered it necessary in public interest an..

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Opening Foreign Currency (Non-Resident) Account (Banks) Scheme [FCNR(B)] account in any freely convertible currency – liberalisation

 Notification No#A.P. (DIR Series) Circular No. 36     19 October 2011

 RBI/2011-12/225 A.P. (DIR Series) Circular No. 36 October 19, 2011 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Opening Foreign Currency (Non-Resident) Account (Banks) Scheme  [FCNR(B)] account in any freely convertible currency – liberalisation At..

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Inclusion of Credit under KCC under direct financing for Agriculture

 Notification No#RPCD.CO RRB. BC.NO.24 /03.05.33/2011-12     18 October 2011

 RBI/2011-12/224 RPCD.CO RRB. BC.NO.24 /03.05.33/2011-12 October 18, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Inclusion of Credit under KCC under direct financing for Agriculture Please refer to Para 1.1.3 of our circular RPCD.No.RRB.BC.20/03.05.33/2007-08 dat..

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The Income Tax Department has released a Notification for PAN application

 Notification No#INCOME-TAX     17 October 2011

  [TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] Notification New Delhi, the 17th day of October, 2011 INCOME-TAX S.O.2394(..

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KYC – Letter issued by UIDAI containing details of name, address and Aadhaar number

 Notification No#RPCD.CO.RCB.AML.BC.No.23/07.40.00/2011-12     17 October 2011

 RBI/2011-12/223  RPCD.CO.RCB.AML.BC.No.23/07.40.00/2011-12 October 17, 2011 The Chairmen / CEOs of All State and Central Co-operative Banks Dear Sir, Know Your Customer Norms – Letter issued by Unique Identification Authority of  India (UIDAI) containing details..

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CBDT has released Circular on Tax deduction at source on the deposits in banks

 Notification No#08/2011     14 October 2011

  CIRCULAR NO 08/2011 F.No. 275/30/2011- IT (B) Government of India Ministry of Finance Department of Revenue [Central Board of Direct Taxes] New Delhi, the 14th October, 2011   Subject: Tax deduction at source on the deposits in banks in the name of the Registrar/Prothonot..

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Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 Rabobank International (Coperatieve Centrale Raiffeisen Boerenleenbank B.A.)

 Notification No#DBOD. No.Ret. BC. 40 /12.06.131 /2011-12     14 October 2011

 RBI/2011-12/222  DBOD. No.Ret. BC. 40 /12.06.131 /2011-12 October 14, 2011 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 –Rabobank International (Coöperatieve Centrale Raiffeisen – Boe..

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Processing and Settlement of Export related receipts facilitated by Online Payment Gateways - Enhancement of the value of transaction

 Notification No#A.P. (DIR Series) Circular No.35     14 October 2011

 RBI/2011-12/221 A.P. (DIR Series) Circular No.35 October 14, 2011 To, All Category - I Authorised Dealer Banks Madam / Sir, Processing and Settlement of Export related receipts facilitated by Online  Payment Gateways- Enhancement of the value of transaction Attention ..

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