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Circulars

Formation of 21 districts in Telangana- Assignment of Lead Bank Responsibility

February 16, 2017 861 Views 0 comment Print

The Government of Telangana vide Gazette Notification dated October 11, 2016 had notified the formation of twenty one new districts in the State of Telangana. It has been decided to assign the lead bank responsibility of the twenty one new districts as detailed below:-

Life Certificate for Pensioners through Jeevan Pramaan Patra

February 15, 2017 1791 Views 0 comment Print

The date of submission of life certificate by pensioners under Employees’ Pension Scheme 1995 was extended upto 28.02.2017 vide Head Office letter Pension-I/17(1) 2016/Jeevan/Pramaan/613 dated 16.01.2017 in order to facilitate the pensioners to submit life certificate through Aadhaar based Jeevan Pramaan system during the extended period.

Submission of Monthly Reports by Custodians of Securities

February 14, 2017 813 Views 0 comment Print

In partial modification of Para 2 of the circular IMD/FII&C/30/2008 dated July 21, 2008, it has been decided that the custodians shall submit the monthly reports latest by either the end of the third working day of the succeeding month or the 5th of the succeeding month, whichever is later.

3Q DVAT return due date extended to 28/02/2017

February 13, 2017 1284 Views 0 comment Print

I, H. Rajesh Prasad, Commissioner, Value Added Tax, do hereby extend the last date of filing of online/hard copy of third quarter return for the year 2016-17, in Form DVAT-16 ,DVAT-17 and DVAT-48 along with required annexure/enclosures to 28/02/2017.

Draft on IRDAI (Relaxations under Appointed Actuary Regulations 2017 and appointment of Mentors) Guidelines, 2017

February 13, 2017 1017 Views 0 comment Print

The Authority had issued “Guidelines on Appointment of Appointed Actuaries and their Mentors” on 22nd March 2016 to address the supply side gap by supporting young Actuaries with the Mentors. Based on experience and the issues emerged over a period of time, the Authority has proposed to revise the above-mentioned guidelines.

Exposure Draft on IRDAI (Appointed Actuary) Regulations, 2017

February 13, 2017 1059 Views 0 comment Print

Based on the experience gained, since the last amendment effected in the year 2013, the Authority felt that there is a need to amend the IRDA (Appointed Actuary), Regulations, 2000. The basic framework for appointment of Appointed Actuaries and their duties, functions etc. is prescribed in the aforementioned Regulations.

Financial close out & Auction framework for corporate bonds

February 10, 2017 645 Views 0 comment Print

SEBI vide circulars no. CIR/MRD/DP/03/2013 January 24, 2013, and no CIR/MRD/DP/ 27 /2013 dated September 12, 2013 issued guidelines for providing dedicated debt segment in the stock exchange for trading, clearing and settlement of debt securities including trading, clearing and settlement of corporate bonds.

Interest rates for Small Savings Schemes for Q4 of FY 2016-17

February 9, 2017 2493 Views 0 comment Print

The Government of India, had vide their Office Memorandum (OM) No.F.No.1/04/2016–NS.II dated December 30, 2016 advised the rate of interest on various small savings schemes for the fourth quarter of the financial year 2016-17 (copy enclosed).

No limit on cash withdrawal from 13.03.2017; ₹50000 from 20.02.2017

February 8, 2017 16740 Views 2 comments Print

Effective February 20, 2017, the limits on cash withdrawals from the Savings Bank accounts will be enhanced to ₹ 50,000 per week (from the current limit of ₹ 24,000 per week); and Effective March 13, 2017, there will be no limits on cash withdrawals from Savings Bank accounts.

Coverage of ECHS employees under EPF & MP act, 1952

February 8, 2017 2409 Views 0 comment Print

Govt. of India, Ministry of Defence formulated the Health care schemes for its ex-servicemen which is called ECHS. It is implemented by project organisation having its headquarters at Delhi and regional centres at different locations. The list is enclosed for ready reference, please.

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