“Necessary co-operation would be given to the credit rating agency (ies) in providing true and adequate information till the debt obligations in respect of the securities are outstanding.
Circular No. 489/55/99-CX I am directed to say after the imposition of Central Excise duty @ Rs. 2 per Kg. on bulk tea, problem of granting of rebate to the merchant exporters has arisen, especially those who purchased the tea from the market or in public auction and export after blending/packaging the same. The problem has now been sorted out by declaration of All Industry Rate of Drawback under sub-serial Number 0921 @Rs. 2 per Kg. (All Central Excise) [to the extent of in digenous proportion] with effect from 1-6-1999, prospectively.
Circular No. 488/54/99-JC Please refer to the various instructions issued by the Board from time to time particularly Circular No. 313/29/97-CX, dated 6-5-1997, Circular No. 319/35/97-CX, dated 27-6-1997 [See 1997 (93) E.L.T. T31] and Circular No. 476/42/99-CX, dated 3-8-1999 [See 1999 (112) E.L.T. T7].
SEBI has prescribed that every stock exchange has to submit a monthly development report containing developments during that month. In addition to this, stock exchanges are now advised to submit a report to SEBI immediately whenever a substantial number of trading terminal.
Notification No. 698(E)/1999 – Income Tax In exercise of the powers conferred by sub-section (7) of section 245F of the Income-tax Act, 1961 (43 of 1961), the Income-tax Settlement Commission hereby makes the following rules further to amend the Income-tax Settlement Commission (Procedure) Rules, 1997
However, Part A of this Clarification shall not be applicable to those companies which have filed their prospectus with Registrar of Companies or Letter of Offer with Stock Exchanges on or before October 18, 1999. Unless otherwise modified by this clarification all the existing provisions of the Guidelines and the Clarifications issued by SEBI from time to time shall remain in force.
Notification No. 11105/1999 – Income Tax In exercise of the powers conferred by sub-section (1) of section 54EB of the IT Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies equity shares to be issued within a period of one year from date of publication of this notification in the Official Gazette, of an amount not exceeding one hundred fifty crores only by the Tata Teleservices Limited, a public company registered under the Companies Act, 1956 (1 of 1956) and having its registered office at Jeevan Bharati, Connaught Circus, New
Notification No. 11104/1999 – Income Tax In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies equity shares to be issued within a period of one year from the date of publication of this notification in the Official Gazette, of an amount not exceeding three hundred crores only by the Tata Teleservices Limited, a
Notification No. 11103/1999 – Income Tax In exercise of powers conferred by clause (e) of sub-section (12) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the stage of development of such area including the extent of and scope for, urbanisation of such area and other relevant consideration specifies the areas shown in column 3 of the schedule below and falling outside the local
Notification No. 11102/1999 – Income Tax In exercise of powers conferred by clause (f) of sub-section (14) of section 80-IB of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the stage of development of such area including the extent of and scope for, urbanisation of such area and other relevant consideration specifies the areas shown in column 3 of the schedule below and falling outside the local
