Some of the microfinance institutions (MFIs) financed by banks or acting as their intermediaries/partners appear to be focussing on relatively better banked areas, including areas covered by the SHG-Bank linkage programme. Competing MFIs were operating in the same area, and trying to reach out to the same set of poor, resulting in multiple lending and overburdening of rural households.
The EOP for the products stated in Appendix 30A shall be counted from the date of clearance of individual import consignment by Customs authority for this purpose, following changes have been made:
Within eligible entitlement, an exporter may apply for one or more than one authorisation in a licensing year, subject to the condition that against one Port of registration, not more than five authorisations can be issued for same product group.
A new Appendix i.e., Appendix 23A related to “consumption and stocks of duty free material allowed under Advance authorization for Pharmaceutical product manufactured through NI process” along with the Central Excise certificate on consumption introduced, as appended to this Public Notice, as Annexure III.
If we simply speak on tariff, market access in services is relatively easy compare to goods as there are no tariff barriers on services. WTO Agreements place only quotas and regulations on services and not the tariff. Annexure 1B of WTO Agreements – General Agreement of Trade in Services (GATS) broadly covers four modes of services in Article I as Scope and Coverage as follows
Further, since this facility shall be available to manufacturer exporters only and not to the merchant exporters tied to supporting manufacturer, paragraph 4.1.3 of FTP has been amended as stated at Sl. No. 1 above.
Neither the State Government can impose tax/vat on sales of goods in the course of import or export nor CST Act 1956 imposes any tax on such sales. Here in this article exemptions available on Penultimate export sales under CST Act 1956 are concentrated on:
The central board of the Reserve Bank met in Bhopal today and decided to prepare a financial inclusion plan for 2,736 Madhya Pradesh villages, with a population of over 2,000, as per the roadmap laid down in the last Union Budget.
More than 10 years after opening up of the insurance sector, regulator Irda today proposed to allow mergers and acquisitions in the general insurance business that requires consolidation among the 24 industry players, most of which are loss-making.
Concerned over delinquencies by accountancy firms in cases like Satyam, regulatory body ICAI is seeking changes in the statutes so that fines up to Rs one crore can be imposed on erring entities. “We have sent a proposal to the government to allow
