Notification & Circulars


CIRCULAR NO. 23, DATED 15-10-2008

 

OVERSEAS FOREIGN CURRENCY BORROWINGS BY AUTHORISED DEALER BANKS - ENHANCEMENT OF LIMIT A. P. (DIR SERIES) CIRCULAR NO. 23, DATED 15-10-2008 Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to A. P. (DIR Series) Circular No. 81 dated March 24, 2004, in terms o..

Posted in Others

NOTIFICATION NO. S O 2320 (E), DATED 1-10-2008

 

SECTION 1 OF THE SPECIAL ECONOMIC ZONES ACT, 2005 – COMMENCEMENT OF ACT – NOTIFIED DATE OF CERTAIN SECTION NOTIFICATION NO. S O 2320 (E), DATED 1-10-2008 In exercise of the powers conferred by sub-section (3) of Section I of the Special Economic Zones Act, 2005 (28 of 2005), the Central G..

Posted in Others

CIRCULAR NO. 8/2008, DATED 22-9-2008

 

COMPULSORY FILING OF E-RETURN OF INCOME FOR ASSESSMENT YEAR 2008-09-FURNISHING OF RETURN BY REPRESENTATIVE ASSESSEE OF NON-RESIDENTS CIRCULAR NO. 8/2008, DATED 22-9-2008 The Central Board of Direct Taxes, vide notification S.O. No. 752(E) dated 28.03.2008, inter-alia, notified a new return ..

Posted in Income Tax

NOTIFICATION NO. 94/2008, DATED 1-10-2008

 

SECTION 35(1)(II) OF THE INCOME-TAX ACT, 1961 - SCIENTIFIC RESEARCH EXPENDITURE - APPROVED SCIENTIFIC RESEARCH ASSOCIATIONS/INSTITUTIONS NOTIFICATION NO. 94/2008, DATED 1-10-2008 It is hereby notified for general information that the organization Kasturba Health Society, Distt. Wardha, Mahara..

Posted in Income Tax

59/2008- Excise dated dec7,08

 

Ad valorem rates of excise duty cut to 10%, 8% and 4% from today; No change in rates for petro products The highlights are as follows: ++ Central Excise The three major ad valorem rates of Central Excise duty viz. 14%, 12% and 8% applicable to non-petroleum products have been reduced by 4 p..

Posted in Excise

58/2008- Central Excise dated dec7,08

 

Ad valorem rates of excise duty cut to 10%, 8% and 4% from today; No change in rates for petro products The highlights are as follows: ++ Central Excise The three major ad valorem rates of Central Excise duty viz. 14%, 12% and 8% applicable to non-petroleum products have been reduced by 4 p..

Posted in Service Tax

33/2008- Service Tax dated dec7,08

 

Ad valorem rates of excise duty cut to 10%, 8% and 4% from today; No change in rates for petro products The highlights are as follows: ++ Central Excise The three major ad valorem rates of Central Excise duty viz. 14%, 12% and 8% applicable to non-petroleum products have been reduced by 4 p..

Posted in Service Tax

Service Tax exemption for goods carriage to GTA

 

Service Tax exemption for goods carriage to GTA     Central Government has issued notification No.29/2008-Service Tax, dated 26.06.2008 to exempt fully from levy of service tax on supply of transport vehicles (goods carriage) to a goods transport agency (GTA) to be ..

Posted in Service Tax

operation of short selling of securities

 

MRD/DoP/SE/Cir- 05 /2008 March 19, 2008 The Executive Directors/Managing Directors/Administrators of all Stock Exchanges Managing Director & CEO, NSDL Managing Director & CEO, CDSL Dear Sir / Madam, Sub:- Operationalisation of Short Selling and Securities Lending and Borrowi..

Posted in Shares & Stock

Margining of institutional trades

 

MRD/DoP/SE/Cir- 06 /2008 March 19 2008 The Executive Directors/Managing Directors/Administrators of all Stock Exchanges  Dear Sir / Madam, Sub:- Margining of institutional trades in the cash market SEBI vide circular dated February 23, 2005 had specified the risk management framewor..

Posted in Shares & Stock