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Notifications/Circulars

Companies (Accounting Standards) Amendment Rules, 2016

March 30, 2016 83530 Views 3 comments Print

The interpretation of ‘probable’ in this Standard as ‘more likely than not’ does not necessarily apply in other Accounting Standards

Revised ECB framework for long term lending & infrastructure sector

March 30, 2016 1255 Views 0 comment Print

The directions contained in this circular has been issued under section 10(4) and 11(2) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.

CBEC appoints ‘Kakrawah’ as land customs station

March 29, 2016 760 Views 0 comment Print

akrawah is appointed as land customs station for the purpose of clearance of baggage, passenger vehicles and tourist vehicles. (27) Kakrawah, Siddharthnagar District, Uttar Pradesh-Road connecting Kakrawah in Siddharthnagar District, Uttar Pradesh and Karidah in Nepal.

Anti-dumping duty on Glazed/Unglazed Porcelain/Vitrified tiles

March 29, 2016 1276 Views 0 comment Print

Seeks to levy provisional anti-dumping duty on Glazed/Unglazed Porcelain/Vitrified tiles in polished or unpolished finish with less than 3% water absorption, originating in, or exported from the China PR for a period not exceeding six months GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 12/2016-Customs (ADD) New Delhi, the 29th March, 2016 […]

Anti-dumping duty on imports of Tyre Curing Presses

March 29, 2016 1363 Views 0 comment Print

Seeks to levy definitive anti-dumping duty on imports of Tyre Curing Presses also known as Tyre Vulcanisers or Rubber Processing Machineries for tyres, excluding Six Day Light Curing Press for curing bi-cycle tyres originating in, or exported from China PR for a period of five years

Anti-dumping duty on 2-Ethyl Hexanol

March 29, 2016 5695 Views 0 comment Print

Seeks to levy definitive anti-dumping duty on 2-Ethyl Hexanol, originating in, or exported from the European Union, Indonesia, Korea RP, Malaysia, Chinese Taipei and USA for a period of five years

Regarding Validity and Renewal of Registration under FCRA, 2010

March 29, 2016 886 Views 0 comment Print

With respect to validity and renewal of existing Registrations under Foreign Contribution (Regulation) Act, 2010, with the approval of competent authority, exercising the powers vested under Section 50 of FCRA 2010, following have been decided :- (i) To extend the validity of registration certificate of all the associations whose registration certificates are expiring on or before 30th September, 2016 upto 31st October, 2016; and

Post Office Recurring Deposit (Amendment) Rules, 2016

March 29, 2016 8989 Views 0 comment Print

In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office Recurring Deposit Rules, 1981, namely:-

NSC Maturity Period 5 Year wef 01.04.2016 & Interest Rate

March 29, 2016 30817 Views 4 comments Print

Where a certificate has been purchased on or after the 1st day of April, 2016 the maturity period of a certificate of any denomination, shall be five years, commencing from the date of issue of the certificate. The amount inclusive of interest, payable on encashment of the certificate at any time after the expiry of its maturity period shall be Rs. 147.6 1for denomination of Rs. 100 and at proportionate rate for any other denomination.

Interest Rate on Senior Citizen Savings Scheme wef 01.04.2016

March 29, 2016 5782 Views 1 comment Print

In the Senior Citizen Savings Scheme Rules, 2004, in rule 7, in sub-rule (1), after the fourth proviso, following proviso shall be inserted, namely:-Provided also that in the case of a deposit made under these rules on or after the 1st day of April, 2016, it shall bear at the rate of 8.6 persent per annum from the date of deposit.

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