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Archive: 24 September 1998

Posts in 24 September 1998

Notification No. S. O. 2121-Income Tax Dated 24/9/1998

September 24, 1998 393 Views 0 comment Print

Notification No. S. O. 2121-Income Tax In exercise of the powers conferred by clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the “Archery Association of India”, New Delhi, for the purpose of the said clause for the assessment years 1998-99 to 2000-01 subject to the following conditions

Baggage Imports by Tourists – ‘Personal Effects’ for Insole/ Midsole is Must for Duty Exemption

September 24, 1998 2443 Views 0 comment Print

In the Estimates Committee (1994-95) of the 10th Lok Sabha, the Government had undertaken to review the Baggage Rules permitting the travellers to bring in Note Book Computers and other essential items so that harassment to the general passengers could be eliminated. The Committee has desired an expeditious review of the matter. The matter has been examined, under Tourist

SEBI : Trading and settlement of trades in Demat Securities

September 24, 1998 289 Views 0 comment Print

Please refer to our Circular No. SMD/Policy/Cir.19/2435/98 dated July 29, 1998 advising inter alia, the list of scrips for compulsory settlement of trades in demat form for the Institutional Investors, viz., Domestic Financial Institutions, Banks, Mutual Funds and Foreign Institutional Investors and Overseas Corporate Bodies.

SEBI : Trading and settlement of trades in Demat Securities

September 24, 1998 442 Views 0 comment Print

It was also decided that delivery of dematerialised securities shall be treated as good delivery for negotiated deals also. Besides, the institutional investors should compulsorily deliver securities in demat form for trades executed as negotiated deal in respect of securities which are announced by SEBI from time to time for compulsory dematerialised trading by institutional investors.

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