Month: November 2011
469 articlesFema / RBI
Fema / RBI
Collection of Account Payee Cheques by co-operative credit societies- Prohibition and Relaxations on Crediting Proceeds to Third Party Account
Income Tax

Income Tax
Singapore-Spain Avoidance of Double Taxation Agreement To Come Into Force
Fema / RBI
Fema / RBI
Banks to issue demand drafts of Rs. 20,000/- and above with account payee crossing only
Fema / RBI
Fema / RBI
Bank will not make payment of cheques/drafts/pay orders/banker’s cheques if they are presented beyond the period of three months from the date of such instrument w.e.f. 01.04.2012
Fema / RBI
Fema / RBI
RBI liberalises FDI rules related to transfer of shares
Fema / RBI
Fema / RBI
Scheme of 1% interest subvention on housing loans upto Rs. 10 lakh extended up to March 31, 2012
Service Tax

Service Tax
Exports of 68 services may get service tax refund
Income Tax

Income Tax
Perquisites are not chargeable to tax if cost of education dose not exceed Rs.1000 per child per child under the proviso to Rule3(5) of the Income Tax Rules, 196
Fema / RBI
Fema / RBI
RBI advised banks to issue Passbooks to Savings Bank Accountholders (Individuals)
Fema / RBI
Fema / RBI
