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Notifications/Circulars

Liberalised Remittance Scheme for Resident Individuals – Reporting

May 23, 2013 1913 Views 0 comment Print

AD Category -I banks were required to furnish information on the number of applications received and the total amount remitted under the Liberalised Remittance Scheme (the Scheme), on a monthly basis

MVAT Notification for Second amendment to the Maharashtra Value Added Tax Rules, 2005

May 21, 2013 2616 Views 0 comment Print

(4) Notwithstanding anything contained in this rule, where an order, notice or any communication is made electronically and addressed to the dealer by e-mail which is provided to the department by the dealer, then such order, notice or communication, shall be deemed to have been served on the addressee. For the purpose of this sub-rule, the provisions of section 13 of the Information Technology Act, 2000 (21 of 2000) shall be applicable.

Clarification on Revised requirements for Listed Companies undertaking a Scheme of Arrangement under Companies Act, 1956

May 21, 2013 1892 Views 0 comment Print

All listed companies undertaking a Scheme of Arrangement under Part IV and Chapter V of Part VI of the Companies Act, 1956, (Amalgamation/ Merger/ Reconstruction/ Reduction Of Capital, etc.) are required to submit a valuation report in terms of Para (I) (A) read with Part A, Annexure I of the SEBI Circular No. CIR/CFD/DIL/5/2013 dated February 4, 2013.

Issues related to transmission of trade data by Customs to DGCIS

May 21, 2013 688 Views 0 comment Print

A Committee under the chairmanship of DG NIC with representatives of Department of Commerce and Department of Revenue had been constituted to consider the issues of timely and accurate transmission of trade data and give its recommendations.

SEBI issues Broad guidelines on Algorithmic Trading

May 21, 2013 1674 Views 0 comment Print

SEBI has received various suggestions with regard to the requirement of system audit of trading algorithm / software used by stock brokers / trading members. After due examination of the suggestions in consultation with the Technical Advisory Committee, it has been decided to revise the requirement as follows:

Tariff Value of Gold, Silver, Crude / RBD Palm Oil, Brass Scrap, Poppy seeds wef 21.05.2013

May 21, 2013 763 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the

Revised tariff on cake/oil cake meal made of Groundnut / Sunflower / Canola / Mustard oil

May 21, 2013 781 Views 0 comment Print

– In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do

Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation

May 20, 2013 1553 Views 0 comment Print

Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 52 dated November 20, 2012 extending the enhanced period for realization and repatriation to India, of the amount representing the full value of goods or software exported, from six months to twelve months from the date of export. This relaxation was available up to March 31, 2013.

DGFT constitutes 2nd Task Force on Transaction Cost

May 20, 2013 588 Views 0 comment Print

In pursuance of the announcement made by Commerce and Industry Minister on 18.4.2013, the Second Task Force on Transaction Cost has been constituted under the Chairmanship of Director General of Foreign Trade under following terms and reference:

Rape is morally and physically most reprehensible crime in society – SC

May 20, 2013 1730 Views 0 comment Print

Being the most hated crime, rape tantamounts to a serious blow to the supreme honour of a woman, and offends both, her esteem and dignity. It causes psychological and physical harm to the victim, leaving upon her indelible marks.

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