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Archive: 09 November 2017

Posts in 09 November 2017

Simplified Hedging Facility Guidelines for Resident and non-resident entities

November 9, 2017 825 Views 0 comment Print

ii. If hedging requirement of the user exceeds the limit in course of time, the designated bank may re-assess and, at its discretion, extend the limit up to 150% of the stipulated cap. iii. Hedge contracts in OTC market can be booked with any AD Cat-I bank, provided the underlying cash flow takes place with the same bank.

Directions on Managing Risks & Code of Conduct in Outsourcing of Financial Services by NBFCs

November 9, 2017 1320 Views 0 comment Print

In exercise of the powers conferred under Section 45 L of the Reserve Bank of India Act, 1934, the Reserve Bank of India after being satisfied that it is necessary and expedient in the public interest so to do and with a view to put in place necessary safeguards applicable to outsourcing of activities by NBFCs, hereby issues the Directions as set out in the Annex.

Rate of exchange of conversion of ‘Qatari Riyal’ wef 10.11.2017

November 9, 2017 492 Views 0 comment Print

Rate of exchange of conversion of ‘Qatari Riyal’ wef 10.11.2017 (For Imported Goods) Rs. 17.75 and For Export Goods Rs. 16.25. Notification No. 107/2017 – Customs (N.T.)

Sec. 10(46) CBDT notifies ‘Telangana Building and Other Construction Workers Welfare Board’

November 9, 2017 1074 Views 0 comment Print

Under Section 10(46) of the Income-tax Act, 1961 Central Government notifies ‘Telangana Building and Other Construction Workers Welfare Board’, a board established by the Government of Telangana, in respect of the following specified income arising to that board.

Sec. 10(46) CBDT notifies Haryana State Legal Services Authority

November 9, 2017 585 Views 0 comment Print

Under Section 10(46) of the Income-tax Act, 1961 Central Government notifies Haryana State Legal Services Authority, constituted by the Government of Haryana under the Legal Services Authorities Act, 1987, in respect of the following specified income arising to that Authority.

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