communicate to SEBI, the status of the implementation of the provisions of this circular in the Monthly Development Report.
In the light of the representations received regarding similar exemption for investments in mutual funds, it has been decided to exempt investors residing in the state of Sikkim from the mandatory requirement of PAN for their investments in mutual funds also.
.In the Securities and Exchange Board of India (Venture Capital Funds) Regulations, 1996, in Second Schedule, in Part A, for the word and figure “Rs. 10,00,000”, the word and figure “Rs. 5,00,000” shall be substituted.
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures.
Export of Basmati Rice shall not be entitled for DEPB benefits under Sl. No. 22C and 22D of the Miscellaneous Product.
DGBA.GAD.No. 10577 / 42.01.038 /2007-08 – We further advise that It has been decided inconsultation with the Controller General of Accounts, Ministry of Finance, Government of India that the cut-off time of 8.00 p.m. fixed for e-payment transactions would be applicable for all Government transactions including EASIEST and OLTAS. The other instructions contained in para 1 of our circular would remain unchanged.
