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Archive: April, 2004

Posts in April, 2004

Anti-dumping duty on import of Melamine

April 2, 2004 346 Views 0 comment Print

Rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by sub-clause

Notification No. 129/2004, Dated : 02.04.2004

April 2, 2004 277 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act. 1961 (43 of 1961), the Central Government, on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby approves the institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said provisions of Income tax Act, 1961

SEBI : Unique Client Code for Foreign Institutional Investors (FIIs) and their sub-accounts(SAs)

April 2, 2004 367 Views 0 comment Print

The exchanges are directed to bring the provisions of this circular to the notice of the member brokers/clearing members of the exchange and also to disseminate the same on the website for easy access to the investors.

SEBI : Reporting of Offshore Derivative Instruments by Registered Foreign Institutional Investors (FII).

April 2, 2004 280 Views 0 comment Print

Further, in accordance with Circular No. IMD/CUST/9/2003 dated November 20, 2003 the FIIs who do not have any outstanding off-shore derivatives are required to submit a statement of ‘Nil’ report once in a quarter.

Electronic Commerce- Regarding

April 1, 2004 196 Views 0 comment Print

With effect from 1st April 2004, applications (all categories) submitted online on the DGFT website with digital signatures only shall be given the benefit of 50% reduction in licence fee. However, till the system stabilises a physical copy of the application along with supporting documents shall also be submitted to the Regional Licensing Authorities. Parties filing applications on-line without digital signature will not be entitled to the facility of concessional fees.

SEBI : Mandatory use of STP system for all institutional trades executed on stock exchanges

April 1, 2004 424 Views 0 comment Print

This circular is being issued in exercise of powers conferred by section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with section 10 of the Securities Contracts(regulation) Act 1956, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

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