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Notification No. GSR 882(E)-Income Tax Dated 3/11/2010

November 3, 2010 643 Views 0 comment Print

Notification No. GSR 882(E)-Income Tax In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office Savings Account Rules, 1981

Notification No. G.S.R.881(E), dated 3-11-2010

November 3, 2010 1176 Views 0 comment Print

ISSUED BY MINISTRY OF CORPORATE AFFAIRS- In exercise of the powers conferred by sub-section (1) of Section 637A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following amendments in the notification of the Government of India, erstwhile Ministry of Law, Justice and Company Affairs (Department of Company Affairs) No. GSR 555(E), dated 26-7-2001, and published in the Gazette of India, in Part II, Section 3, sub-section (i), dated the 26th July, 2001, namely:

Notification No. G.S.R. 880(E), dated 3-11-2010

November 3, 2010 1173 Views 0 comment Print

Provided also that the outstanding Non-performing assets as at 31-3-2010 would be worked out and provided according to the note under the clause (ii)(a) on equal installments till 31-3-2015.

Public Notice No. 14 /2009-2014 (RE 2010), Dated:02.11.2010

November 2, 2010 487 Views 0 comment Print

In case of revalidation of advance authorization issued prior to 27.8.2009, it should be ensured that value addition (VA) is maintained at 15% (and as per details mentioned in para 4.1.6 of FTP) or as stipulated in the advance authorization, whichever is higher.

Export Turnover under section 10B and non excludability of Expenses incurred in foreign currency on onsite computer software development at the client

November 2, 2010 1844 Views 0 comment Print

(a)Expenses incurred in foreign currency on onsite computer software development at the client’s place outside India should be excluded from export turnover; and (b)Export proceeds utilized outside India for expenses relating to exports should be excluded from export turnover as a non-qualifying export turnover.

SEBI – Portfolio Managers – Clarification on minimum investment amount by clients, performance of portfolio and schemes

November 2, 2010 568 Views 0 comment Print

This circular is issued in exercise of powers conferred under section 11(1) of the Securities and Exchange Board of India Act, 1992 read with the provisions of Regulation 39 of the SEBI (Portfolio Managers) Regulations, 1993, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

Amends Notification No.23/2006-Customs, dated the 6th March, 2006 vide Notification No. 114/2010-Customs

November 1, 2010 456 Views 0 comment Print

G.S.R. (E). -Whereas, the designated authority vide notification No. 15/16/2009-DGAD, dated the 22nd June, 2010, published in the Gazette of India, Extraordinary, Part I, Section 1 dated the 22nd June, 2010, had initiated review in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Customs Tariff Act) and in pursuance of rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of anti-dumping duty on imports of Sodium Formaldehyde Sulphoxylate (SFS), falling

Rescinds Notification No. 105/2008-Customs, dated the 18th September,2008 vide Notification No. 113/2010– Customs

November 1, 2010 406 Views 0 comment Print

G.S.R. (E).- In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determinatio

Notification No. 83/2010-Income Tax Dated 1-11-2010

November 1, 2010 1081 Views 0 comment Print

Notification No. 83/2010-Income Tax It is hereby notified for general information that the organization Raman Centre for Applied and Interdisciplinary Sciences, Kolkata has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with rules 5C and 5E of the Income-tax Rules, 1962 (said Rules) w.e.f. 1-4-2008 (Assessment year 2009-10) onwards

Banking – Sale of Investments held under Held to Maturity (HTM) category

November 1, 2010 736 Views 0 comment Print

In this connection, we clarify that the one-time transfer of securities to/from HTM category with the approval of Board of Directors permitted to be undertaken by banks at the beginning of the accounting year and sales to the Reserve Bank of India under pre-announced OMO auctions will be excluded from the 5 per cent cap prescribed in the above mentioned circular.

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