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Archive: 13 April 2017

Posts in 13 April 2017

Banks to celebrate June 5-9, 2017 as Financial Literacy Week

April 13, 2017 861 Views 0 comment Print

The literacy week will focus on four broad themes, viz. KYC, Exercising Credit Discipline, Grievance Redressal and Going Digital (UPI and *99#).

Salient features of revised PCA framework for banks

April 13, 2017 1134 Views 0 comment Print

The provisions of the revised PCA framework will be effective from April 1, 2017 based on the financials of the banks for the year ended March 31, 2017. The framework would be reviewed after three years.

Inclusion of “Derivatives on Equity shares” – IFSC

April 13, 2017 669 Views 0 comment Print

Clause 7 of SEBI (IFSC) Guidelines, 2015 specifies the types of securities in which dealing may be permitted by stock exchanges operating in IFSC.

Transforming Indian Railways with the OneICT Programme

April 13, 2017 1059 Views 1 comment Print

The Indian Railways have come a long way since the chugging of the first train on Indian soil in April of 1853. India has always looked at the Railways as a vital infrastructure enabling it to deliver goods and services for the growing economy. However, meeting the requirements of fast growing economy is a challenge.

Notification No. 39/2017-Customs (N.T.), Dated: 13.04.2017

April 13, 2017 2184 Views 0 comment Print

Tariff Notification No. 39/2017-CUSTOMS (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Notification No. 38/2017-Customs (N.T.), Dated: 13.04.2017

April 13, 2017 1812 Views 0 comment Print

Central Board of Excise and Customs, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.78/2014- Customs (N.T.), dated the 16th September, 2014, published vide number G.S.R. No. 655 (E), dated the 16th September, 2014, namely:-

CENVAT Credit (Second Amendment) Rules, 2017

April 13, 2017 4359 Views 0 comment Print

Seeks to amend CENVAT credit Rules, 2004 to allow the importer of the goods to take Cenvat credit on basis of the challan of payment of service tax by the said importer on the services provided by a foreign shipping line to a foreign charterer w.r.t. goods destined for India.

IRDA Circular on Point of Salesperson (POS) Database

April 13, 2017 12783 Views 1 comment Print

As you are aware the Authority has issued amendments to the Point of Salesperson (POS) guidelines on 16.03.2017. wherein an insurer or insurance intermediary proposing to engage the POS person shall ensure that the applicant is not engaged as POS with any other insurer or insurance intermediary by cross checking with the database housed in IIB.

RFP for GST Consultant Appointment in Bank of Baroda

April 13, 2017 3747 Views 0 comment Print

Request For Proposal For Engagement Of Consultant For Implementation Of Goods & Service Tax (GST) in Bank of Baroda

Allocation of additional quantity for export of sugar to USA under TRQ

April 13, 2017 570 Views 0 comment Print

USDA Foreign Agriculture Service has increased the non-country specific Tariff Rate Quota (TRQ) for refined sugar to 2,02,000 MTRV (metric tons raw value) by adding another 40,000 MTRV of speciality sugar, which is available for exporters from all WTO countries for the US fiscal year 2017 (October 1, 2016 to September 30, 2017).

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