"May, 2016" Archive - Page 20

Rupee Drawing Arrangement -Statement/returns under XBRL

RBI/2015-16/402 A.P. (DIR Series) Circular No.71 (19/05/2016)

AD Cat- I banks were required to submit statement E on total remittances received every quarter. Authorised Dealer Category – I (AD Cat – I) banks are now advised to report the above mentioned statement in eXtensible Business Reporting Language (XBRL) system from the quarter ending June 2016....

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Money Transfer Service Scheme – Statement/returns under XBRL

RBI/2015-16/401 A.P. (DIR Series) Circular No.70 (19/05/2016)

Authorised Persons, who are Indian Agents under Money Transfer Service Scheme were required to submit quarterly statement of the quantum of remittances received in the prescribed format....

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Rate of foreign currency exchange conversion wef 20th May 2016

Notification No. 77/2016-Customs (N.T.) (19/05/2016)

CBEC hereby determines that the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, shall, with effect from 20th May, 2016, ...

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Frauds in UCBs: Changes in Monitoring and Reporting mechanism

RBI/2015-16/399 DCBS.CO.Cir.No.001/12.17.001/2015-16 (19/05/2016)

On a review, it has been decided to change the fraud monitoring and reporting mechanism at the Regional Offices and Central Fraud Monitoring Cell (CFMC) of the RBI. Accordingly, henceforth:...

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Constitution of a Three Member Committee on Content Regulation in Government Advertising —Information reg.

Notification No. 1/1/Misc./2016-CCRGA (19/05/2016)

As per the directions of Hon'ble Supreme Court of India, a Three Member Committee on Content Regulation in Government Advertising has been constituted by the Government of India (copy of the order is enclosed). The Committee comprises the following persons :...

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RBI aligns Rules for Investment in Credit Information Companies

RBI/2015-16/400 DBR.CID.BC.No.98/20.16.042/2015-16 (19/05/2016)

In case the investor in a Credit Information Company in India is a wholly owned subsidiary (directly or indirectly) of an investment holding company, the conditions as at (2) and (3) above will be applied to the operating group company that is engaged in credit information business and has undertaken to provide technical know-how to the C...

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Money Management Tips for Good Credit

Whoever said money can’t buy happiness didn’t know how to manage their funds and go for shopping. We all need money, good credit indeed, to fulfil our desires. All the things that bring quantitative satisfaction can be practically owned with money. Managing your funds is an art and those who master this art enjoy good credit throughou...

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Posted Under: Fema / RBI |

Documents to be filed by Patent Agent after electronic submission

No. CG/F/Public Notice/2016 (18/05/2016)

The documents that are required to be submitted by the Patent Agent in original after filing them electronically as per the provisions of rule 6(1A) of the Patents (Amendments) Rules, 2016, are as under.: (a) The Authorization of Patent Agent or Power of attorney (under rule 135) (b) Proof of the right to make an application (under rule 1...

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Form 61- Due Date Extension for quarter ending March, 2016

Circular No. 14/2016-Income Tax (18/05/2016)

It is decided that filling of all the fields in Form No.60 shall be considered to be mandatory in respect of transactions entered on or after 1.04.2016. It is also decided that online reporting of declarations in Form No. 61 for quarter ending March, 2016 may be done along with report for quarter ending September, 2016....

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Govt designates Special courts U/s. 435 of Companies Act, 2013

Notification No. S.O. 1796 (E) (18/05/2016)

Central Government hereby, after obtaining the concurrence of the respective Chief Justices of the High Courts, designates the following Courts mentioned in the Table below as Special Courts for the purposes of trial of offences punishable under the Companies Act, 2013 with imprisonment of two years or more in terms of section 435 of the ...

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