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Archive: January, 2006

Posts in January, 2006

SEBI : Modification of the Trading Member / FII / Mutual Fund position limits for stock based exchange traded derivative contracts

January 20, 2006 502 Views 0 comment Print

Securities and Exchange Board of India Act, 1992, read with section 10 of the Securities Contract (Regulation) Act, 1956, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

Public Notice No. 83 (RE-2006)/2004-09, Dated: 20.01.2006

January 20, 2006 379 Views 0 comment Print

Serial Number 4, namely , Self-certified copy of RBI approval in cases where non-resident interest/holding in the firm/company exists with repatriation benefits, stands deleted.

SEBI : IPOs – ISINs to be activated after commencement of trading on the stock exchanges

January 19, 2006 499 Views 0 comment Print

This circular is being issued in exercise of the powers conferred by Section 11 (1) of Securities and Exchange Board of India Act, 1992 to protect the interest of investors in securities

DGFT Extends VKUY Benefits for Cashew Exports 2004-2005

January 19, 2006 592 Views 0 comment Print

DGFT extends VKUY benefits for cashew exports from September 2004 to April 2005, expanding eligibility based on exporter appeals and trade policy updates.

Notification No. 40 (RE-2005)/2004-2009, Dated: 19.01.2006

January 19, 2006 331 Views 0 comment Print

The words ‘Heavy metals within permissible limits’ have to be conspicuously displayed on the container of purely Herbal Ayurveda, Siddha and Unani medicines to be exported. Alternatively, a Certificate that ‘Heavy metals within permissible limits’ issued either by an inhouse laboratory fully equipped with appropriate equipments for testing heavy metals or by any other NABL/GLP accredited laboratory or any other approved laboratory has to be produced along with other consignment papers.

SEBI : Guidelines on Anti Money Laundering Standards

January 18, 2006 559 Views 0 comment Print

of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

Amends Notification No. 62/94-Customs (N.T.), dated 21st November, 1994

January 17, 2006 382 Views 0 comment Print

The principal notification was published vide number S.O. 829 (E), dated the 21st November, 1994 and last amended vide notification number 93/2005-Customs (NT), dated the 10th October, 2005, S.O. 1478 (E), dated the 10th October, 2005.

Notification No. 39 (RE-2005)/2004-2009, Dated: 17.01.2006

January 17, 2006 313 Views 0 comment Print

Import of motor cars, sports utility vehicles/all purpose vehicles shall be allowed only to hotels, travel agents, tour operators or tour transport operators and companies owning/operating golf resorts whose total foreign exchange earning from the hotel, travel & tourism and golf tourism sectors in the current and preceding three licensing years is Rs 1.5 crores or more. The ‘duty saved’ amount on all EPCG licences issued in a licensing year for import of motor cars, sports utility vehicles/all purpose vehicles shall not exceed 50% of the average foreign exchange earnings from the hotel, travel & tourism and golf tourism sectors in the preceding three licensing years. However, the parts of motor cars, sports utility vehicles/ all purpose vehicles such as chassis etc.

Notification No. 38 (RE-05)/2004-2009, Dated: 17.01.2006

January 17, 2006 421 Views 0 comment Print

Government modifies export controls on rare earths and minerals containing uranium or thorium under the Atomic Energy Act.

Circular No. 02/2006-Income Tax Dated 17-1-2006

January 17, 2006 907 Views 0 comment Print

Circular No.02 of 2006-Income Tax Section 80-HHC read with section 28 of the Income-tax Act, 1961 has been amended by the Taxation Laws (Amendment) Act, 2005. The section 80-HHC so amended, inter-alia, provides that

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