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Notifications/Circulars

Govt removes Minimum Price on export of potatoes

December 27, 2016 730 Views 0 comment Print

Export of Potatoes, Fresh or Chilled at Serial Number 50A of Chapter 7 of Schedule 2 of ITC (HS) Classification of Export & Import Items shall be permitted without any Minimum Export Price (MEP).

SEBI Reviews position limits available for stock derivatives contracts

December 27, 2016 904 Views 0 comment Print

Review of the position limits available to Stock Brokers / Foreign Portfolio Investors (FPIs) – Category I & II / Mutual Funds (MFs) for stock derivatives contracts

Amendment in Master Circular on Issue and Operations of PPIs

December 27, 2016 1081 Views 0 comment Print

A reference is invited to paragraph 7.9 of our Master circular DPSS.PD.CO.PPI.No.01/02.14.006/2016-17 dated July 01, 2016 on Issuance and Operations of Prepaid Payment Instrument (PPIs) in India.

Note on Report of Committee on Digital Payments

December 27, 2016 1342 Views 0 comment Print

After approval of the Cabinet, the guidelines for the promotion of payments through cards and digital means had been issued vide OM F. No. 01/02/2015-Cy.11 (Vol. V) dated February 29, 2016. Among the steps to be taken was the constitution of the Committee by the Department of Economic Affairs with key industry stakeholders

CBDT amends Pattern for investment by recognised provident fund

December 27, 2016 4705 Views 0 comment Print

Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:‑ (1) These rules may be called the Income-tax (36th Amendment) Rules, 2016.

Accept payment under PMGKY in old Bank Notes of Rs. 500 and 1000

December 27, 2016 1930 Views 0 comment Print

Central Government has decided that up to 30.12.2016, the payment towards tax, surcharge, penalty and deposit under the Pradhan Mantri Garib KalyanYojana (PMGKY), can be made in Old Bank Notes of 500 and 1,000 denomination issued by the RBI.

Pradhan Mantri Garib Kalyan Yojana, 2016- Clarifications

December 27, 2016 2965 Views 0 comment Print

Explanatory Notes on Provisions of Taxation And Investment Regime For Pradhan Mantri Garib Kalyan Yojana, 2016 As Contained In Chapter IX-A Of Finance Act, 2016

Customs Duty exemption on import of Technitium-99m withdrawn

December 27, 2016 1018 Views 0 comment Print

Seeks to further amend notification No 12/2012-Customs dated 17.03.2012, so as to withdraw the exemption from Basic Customs Duty on import of Technitium-99m

Special Economic Zones (Amendment) Rules, 2016

December 26, 2016 5878 Views 0 comment Print

5A. Infrastructure requirements relating to information technology, Bio-technology, Research and Development facilities, Fabless Semi-conductor Industry and Electronic Manufacturing Services

60 days grace to avail additional interest subvention on Corp Loans

December 26, 2016 1153 Views 0 comment Print

GoI to provide an additional grace period of 60 days for prompt repayment incentive of 3% to those farmers whose crop loan dues are falling due between 1st November, 2016 and 31st December, 2016

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