CIRCULAR No. CIR/IMD/DF1/10/2015 Regulation 82(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifies that the listed entity shall submit statements/reports to stock exchange within seven days from the end of the month/ actual payment date, either by itself or through the servicer, on a monthly basis in the format as specified by the Board from time to time.
Overwhelming response received from the retail investors for Sovereign Gold Bond Scheme (SGB) ; 63,000 applications received for a total of Rs 246.20 crore by the Banks and Post Offices for 917 kgs of gold; Number of decisions taken to improve the reach of Gold Monetisation Scheme (GMS).
F. No. 609/59/2012-DBK Systems Alert for monitoring realisation of export proceeds in EDI under the BRC Module for ICES (introduced in year 2009) and the new RBI BRC Module introduced under DG (Systems) letter dated 28.8.2014
CIRCULAR No. 19/2015- INCOME-TAX ACT- Finance Act, 2015 as passed by the Parliament, received the assent of the President on the 14th day of May, 2015 and has been enacted as Act No. 20 of 2015. This circular explains the substance of the provisions of the Act relating to direct Taxes.
The ICAI elections for 23rd Central and 22nd Regional Councils will be held at 620 polling booths across the nation on 4th and 5th December, 2015. On the part of the Institute, I would assure that the Institute is committed to hold fair and transparent elections. We all must exercise our power of democracy and give preferences to all candidates to elect the most suitable candidates.
CIRCULAR NO. 31 OF 2015-16 In continuation of this department’s Circular No. 15 of 2014-15, all the Zonal Authorities are directed to ensure that once the proposal for restoration of registration is approved by the Competent Authority, then registration of the dealers should be restored within 3 working days positively.
No. 4/2015-NARCOTICS CONTROL-I (vi) Cultivators who became ineligible for issue of licence to cultivate opium poppy during the crop years 2009-10 to 2014-15 for tendering opium below 55 degree consistency; (vii) Cultivators who became ineligible for issue of licence to cultivate opium poppy during the crop years 2009-10 to 2014-15 for ploughing back their entire poppy crop for a continuous period of two years.
With the establishment of Free Trade Warehousing Zones / SEZ Unit warehouses, imported goods can be stored therein, for re-export / re-selling purposes for which Customs Authorities issue Ex-Bond Bill of Entry. AD banks are advised to consider the Bill of Entry issued by Customs Authorities named as Ex-Bond Bill of Entry or by any other similar nomenclature, as evidence for physical import of goods.
A.P. (DIR Series) Circular No.31- It has been decided to permit FPI to acquire NCDs/bonds, which are under default, either fully or partly, in the repayment of principal on maturity or principal installment in the case of amortising bond. The revised maturity period of such NCDs/bonds, restructured based on negotiations with the issuing Indian company, should be three years or more.
A.P. (DIR Series) Circular No.30- I banks may, while allowing advance remittance without bank guarantee or an unconditional, irrevocable standby letter of credit up to USD 50 million, ensure that only the requisite approval of DGCA for import of aircrafts/helicopters in terms of the extant Foreign Trade Policy has been obtained by the company for operating Scheduled or Non-Scheduled Air Transport Services (including Air Taxi Services). In other words, the approval from MoCA will not be required.
