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Notifications/Circulars

No Change in Interest rates of Small Savings Schemes for Q3 of FY 2017-18

October 12, 2017 795 Views 0 comment Print

Interest rates on small savings schemes for the third quarter of financial year 2017-18 starting 1st October, 2017 shall remain unchanged from those notified for the second quarter of FY 2017-18

Discussion paper on foreign exchange trading platform for retail participants

October 12, 2017 924 Views 0 comment Print

The Reserve Bank of India today released on its website a Discussion Paper on Foreign exchange trading platform for retail participants. The discussion paper proposes a scheme to encourage transparent and fair pricing in the retail forex market

Electronic Trading Platform (ETP) Directions, 2017– Draft Directions

October 12, 2017 1260 Views 0 comment Print

The Reserve Bank of India today released Draft Directions for authorising Electronic Trading Platforms for financial market instruments regulated by the Reserve Bank. Comments on the draft guidelines are invited from banks, market participants and other interested parties by November 10, 2017.

MCA amends notification No. S.O. 1693 (E) dated 3rd October, 2007

October 12, 2017 1035 Views 0 comment Print

In exercise of the powers conferred by section 29A of the Cost and Works Accountants Act, 1959 (23 of 1959), the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Corporate Affairs, vide number S.O. 1693 (E) dated the 3rd October, 2007, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-Section (ii), dated the 3rd day of October, 2007, namely

CBDT notification on recent intimations related to ITR 1

October 11, 2017 5004 Views 1 comment Print

While processing income-tax returns filed in Form ITR-1, doubts have arisen regarding the nature, extent and scope of comparison of information as contained in the return of income with the three Forms which might lead to issuance of intimation proposing adjustments to the returned income.

Master Direction on Issuance and Operation of Prepaid Payment Instruments

October 11, 2017 2259 Views 0 comment Print

Please refer to paragraph 16 of Statement on Developmental and Regulatory Policies regarding issuance of Master Direction on Prepaid Payment Instruments (PPIs) announced in the Fourth Bi-monthly Monetary Policy Statement, 2017-18 by the Reserve Bank of India (RBI).

Aadhaar mandatory for Marine Products Export Development Scheme

October 11, 2017 717 Views 0 comment Print

And whereas, the Grants-in-Aid given to the Marine Products Export Development Authority (hereinafter referred to as the Implementing Agency) under the Scheme, inter-alia, is used for giving trainings, subsidies and awareness programs (hereinafter referred to as the benefits) to the Fishers, Aquaculture farmers, Workers, Technologists and the individual exporters (hereinafter together referred to as the beneficiaries) under various sub-components of the Scheme as per the extant Scheme guidelines;

Refund of IGST paid on export of goods under Rule 96 of CGST Rules 2017

October 10, 2017 1989 Views 0 comment Print

Attention of Importers /Exporters, Custom Brokers & Trade is invited to Board’s Instruction No. 15/2017 –Customs dated 09/10/2017 on the above mentioned subject whereby Board has issued guidelines for refund of IGST paid on exports of goods under Rule 96 of CGST Rules 2017.

Digitization of disbursement of Drawback claims at JNCH

October 10, 2017 777 Views 0 comment Print

In continuation of Public Notice No. 44/2017 dated 31.03.2017 regarding the procedure for submission of Drawback claim and digitization in the manner as prescribed vide aforesaid Public Notice No. 34/2017 dated 16.03.2017, it is clarified that aforesaid procedure is optional and the Exporters /Importers/person submitting drawback claims have the option to follow alternate procedures as prescribed below:

Non-compliance with Minimum Public Shareholding – Action to be taken by Stock Exchanges

October 10, 2017 1707 Views 0 comment Print

In order to maintain consistency and uniformity of approach in the enforcement of MPS norms mandated under regulation 38 of the Listing Regulations, the below mentioned procedure shall be followed by the recognised stock exchanges/depositories, as applicable, with respect to non-compliant listed entities, their promoters and directors:

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