modalities

The debt requests in this regard shall be forwarded to the dedicated email id fii_debtrequests@sebi.gov.in. The window for first come first served process shall open at 23:59 PM IST, December 17, 2009. Time period for utilization of the allocated debt limit through first come first served basis shall be 11 working days from the date of the allocation. Full Article

The proposed goods & services tax (GST) could turn out to be a far more benign impost than anyone expected.In what would amount to a radical tax reform, the 13th Finance Commission is understood to have arrived at a revenue-neutral rate of around 12%, at least 4 percentage points lower than what most believed the combined Centre-state rate would be. Full Article

The G-20 is a group of developing countries which came together on 20 August 2003. The G-20 has been a driving force and works towards ambitious reforms of agriculture in developed countries with some flexibility for developing countries, thus working towards protection of interests of poor farmers. Full Article

Please refer to paragraph 3 (iii) of our directive RPCD.No.RF.Dir. BC.53/D.1- 87/88 dated November 2, 1987, in terms of which interest in the case of savings deposits shall be calculated on the minimum balance to the credit of the deposit account during the period from the 10th to the last day of each calendar month. Full Article

Cir No. IMD/FII & C/40/2009  Dated : September 04, 2009 Sub: Allocation methodology of debt investment limits to FIIs Allocation through bidding process 1. Please refer to SEBI circular IMD/FII & C/ 37/2009 dated February 06, 2009 IMD/FII & C/39/2009 dated May 12, 2009 and providing the modalities for the allocation methodology for the debt [...] Full Article