The result of Professional Programme Examination held in June, 2013 will be declared on Sunday, the 25th August, 2013 at 11.00 A.M. The result along with candidates’ individual subject-wise break-up of marks will be available on the Institute’s website: www.icsi.edu on declaration of the result.
Announcement on Training- 15 months training with FI, Consultancy Firms & Law Firms, Removal of fee of ₹ 50/- and 15 days Specialised training. Announcement The Council of the Institute has approved the following decisions pertaining to training of the students of the Company Secretaryship Course.: A) 15 months training with Law Firms, Consultancy Firms, […]
ATTENTION STUDENTS! Clarification about Applicability of the Companies Bill, 2013 for Company Secretaries December, 2013 Examination. Students appearing in the ‘Company Law’ paper of ‘Executive Programme’) and Company Secretarial Practice paper of the ‘Professional Programme’ respectively may take note of the following changes applicable for December 2013 Examination:
Keeping in view the current macroeconomic situation, the Reserve Bank of India has today announced the following measures: (i) Reduced the limit for Overseas Direct Investment (ODI) under automatic route for all fresh ODI transactions, from 400% of the net worth of an Indian Party to 100% of its net worth. This reduced limit would […]
Government of India and the Reserve Bank of India have been receiving several requests for clarifications on the operational aspects of the scheme of imports put in place in terms of the above circular. There have also been representations to change certain aspects of the scheme. Taking into account all these representations and in consultation with the Government of India, it has been decided to issue the following clarifications/modifications in supersession of all the earlier instructions:
Export of onion for the item description at Serial Number 51 & 52 of Schedule 2 of ITC(HS) Classification of Export & Import Items shall be permitted subject to a Minimum Export Price(MEP) of US$ 650 per Metric Ton F.O.B. or as notified by DGFT from time-to-time.
On a review of the scheme, it has now been decided to reduce the existing limit of USD 200,000 per financial year to USD 75,000 per financial year (April – March) with immediate effect. Accordingly, AD Category – I banks may now allow remittance up to USD 75,000 per financial year, under the scheme, for any permitted current or capital account transaction or a combination of both.
As per circulars cited above, the norms for the spices are being fixed on the basis of Sample Analysis Report (SAR) furnished by the Spices Board of the samples drawn by the Customs. Norms in respect of applications under Para 4.7 of HBP are fixed by the Norms Committee solely on the basis of SARs being furnished by the Spices Board, Cochin. It has been felt that this procedure takes considerable time in ratification of norms leading to delays in redemption of licences.
At present, banks are required to include all Foreign Currency Non-Resident Bank [FCNR (B)] and Non-Resident (External) Rupee (NRE) deposit liabilities for computation of Net Demand and Time Liabilities (NDTL) and for maintenance of CRR and SLR.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby notifies the following amendment in Chapter 31 of the ITC(HS), 2012 Schedule 1 (Import Policy).
