Press Releases

Draft Foreign Exchange Management (Cross Border Merger) Regulations, 2017

Press Release : 2016-2017/2909 (26/04/2017)

The Reserve Bank today has placed on its website the draft guidelines proposed to be issued on cross border merger transactions pursuant to the Rules notified by Ministry of Corporate Affairs through Companies (Compromises, Arrangements and Amalgamation) Amendment Rules, 2017 on April 13, 2017....

Read More

Instant Access Facility /use of e-wallet for investments in Mutual Funds

PR No.: 25/2017 (26/04/2017)

Mutual Funds / Asset Management Companies (AMCs) can offer instant access facility (through online mode) of upto INR 50,000 or 90% of folio value, whichever is lower, to resident individual investors in liquid schemes by applying lower of Previous Day NAV or Prospective NAV. For providing such facility AMCs would not be allowed to borrow....

Read More

Features of Sovereign Gold Bond Scheme 2017-18 – Series I

Press Release : 2016-2017/2847 (20/04/2017)

The Reserve Bank of India, in consultation with Government of India, has decided to issue Sovereign Gold Bonds 2017-18 - Series I. Applications for the bond will be accepted from April 24-28, 2017. The Bonds will be issued on May 12, 2017. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated...

Read More

Sovereign Gold Bonds 2017-18 – Series I- Terms and conditions

Press Releases No. IDMD.CDD.No.2760/14.04.050/2016-17 RBI/2016-17/289 (20/04/2017)

Subscription for the Bonds may be made in the prescribed application form (Form ‘A’) or in any other form as near as thereto stating clearly the grams of gold and the full name and address of the applicant. The receiving office shall issue an acknowledgment receipt in Form ‘B’ to the applicant....

Read More

Deposit under PMGKDS, 2016 allowed upto 30th April, 2017

Notification No. S.O. 1218(E) / Press Release No. 2016-2017/2834 (19/04/2017)

In case of persons who had filed the declaration by depositing tax, surcharge and penalty under PMGKDS on or before 31.03.2017, to allow extension of time till 30.04.2017 for banks to upload details into RBI’s E-Kuber system and for depositors to make commensurate deposits, if not already done....

Read More

Draft guidelines of Simplified Hedging Facility for Residents & Non-Residents

Press Release : 2016-2017/2759 (12/04/2017)

RBI today released draft guidelines of Simplified Hedging Facility for Residents and Non-Residents which permits dynamic hedging of currency risk and simplifies the procedure involved in booking hedge contracts....

Read More

RBI kept repo rate unchanged at 6.25 per cent

Press Release: 2016-2017/2689 (06/04/2017)

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy repo rate under liquidity adjustment facility (LAF) unchanged at 6.25 per cent....

Read More

Statement on Developmental and Regulatory Policies, RBI

Press Release: 2016-2017/2691 (06/04/2017)

This Statement reviews the progress of various developmental and regulatory policy measures announced by the Reserve Bank in recent policy statements and sets out new measures for further refining the liquidity management framework; strengthening the banking regulation and supervision...

Read More

Notice to PACL investors against collection of claim form/cheques etc.

Press Release No. 18/2017 (03/04/2017)

In compliance of the order dated February 02, 2016 passed by the Hon’ble Supreme Court of India in Civil Appeal No.13394/2015 titled as PACL Ltd. Vs Securities and Exchange Board of India and other connected matters, a Committee has been constituted by SEBI under the Chairmanship of Justice (Retd.) R. M. Lodha...

Read More

Need to align our thinking with changes that GST shall bring: CBEC Chairman

DO No.01/CH(EC)/2017 (03/04/2017)

We need to align our thinking with the changes that the GST shall bring forth and see ourselves as a national tax administration that has the expertise in work, acumen in enforcement, accountability in function and most of all integrity in our ethos....

Read More
Page 1 of 4412345...102030...Last »

Browse All Categories

CA, CS, CMA (3,354)
Company Law (3,238)
Custom Duty (6,410)
DGFT (3,340)
Excise Duty (3,989)
Fema / RBI (3,152)
Finance (3,316)
Income Tax (24,370)
SEBI (2,658)
Service Tax (3,261)

Search Posts by Date

April 2017
« Mar