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Notifications/Circulars

Notification No. GSR 320(E)-Income Tax Dated 25/4/2012

April 25, 2012 718 Views 0 comment Print

Notification No. GSR 320(E)-Income Tax 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:- 1. (1) These rules may be called the Post Office Recurring Deposit (Amendment) Rules, 2012.

Notification No. GSR 319(E)-Income Tax Dated 25/4/2012

April 25, 2012 895 Views 0 comment Print

Notification No. GSR 319(E)-Income Tax In exercise of the powers conferred by section 12 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby makes the following rules further to amend the National Savings Certificates (IX Issue) Rules, 2011, namely:- 1. (1) These rules may be called the National Savings Certificates (IX Issue) (Amendment) Rules, 2012.

Notification No. GSR 318(E)-Income Tax Dated 25/4/2012

April 25, 2012 748 Views 0 comment Print

Notification No. GSR 318(E)-Income Tax In exercise of the powers conferred by section 12 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby makes the following rules further to amend the National Savings Certificates (VIII Issue) Rules, 1989, namely:- 1. (1) These rules may be called the National Savings Certificates (VIII Issue) (Amendment Rules), 2012.

Priority Sector Lending-Indirect Finance to Housing Sector

April 25, 2012 657 Views 0 comment Print

Pursuant to the announcement made by Union Finance Minister in the Union Budget for the year 2012-13, it has been decided to increase the limit from Rs.5 lakh to Rs.10 lakh for the bank loans extended to non-governmental agencies, approved by NHB for their refinance, for on-lending for the purpose of construction/reconstruction of individual dwelling units or for slum clearance and rehabilitation of slum dwellers.

ESIC – No Need to Submit Hard Copy of Returns from March 2012

April 25, 2012 21015 Views 0 comment Print

it has been decided by Hqrs Office that for the Contribution Period Ending March 2012 also employers are not required to submit the hard or soft copies of Return of Contributions. The copy of the letter no 67/Dir/Misc/SPOC-REV dated 8/11/2011 is also being attached for necessary action.

General Circular No. 7/2012- Name Availability Guidelines, 2011

April 25, 2012 7411 Views 0 comment Print

All the names applications submitted in STP mode will be put for system check and if there is exact match of any of the two words (other than the words private limited/limited) proposed in new company’s name with any existing company’s name, then such name will also be processed in non-STP mode.

DVAT- No more half yearly/yearly returns, compulsory on line 2A/2B

April 25, 2012 5319 Views 0 comment Print

Delhi Value Added Tax – Notification for change in tax period wef F.Y. 2012-13. No more half yearly/yearly returns, compulsory on line 2A/2B

MVAT Notification regarding entry C-12 -Bidy & D-12

April 25, 2012 1021 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 9 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra hereby with effect from the 1st May 2012, amends SCHEDULES C and D appended to the said Act, as follows, namely.

Company Law – Substitution of Forms 23C and 23D

April 24, 2012 2518 Views 0 comment Print

Companies (Central Government’s) General Rules and Forms (Amendment) Rules, 2012 – Substitution of Forms 23C and 23D. Notification No. G.S.R. 313(E), dated 24-4-2012 – In exercise of the powers conferred by sub-section (l) of section 642, read with section 610B of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules further to amend the Companies (Central Government’s) General Rules and Forms, 1956, namely:

External Commercial Borrowings for Civil Aviation Sector – A. P. (DIR Series) Circular No. 113

April 24, 2012 1388 Views 0 comment Print

As per the extant guidelines, availing of ECB for working capital is not a permissible end-use. On a review of the policy related to ECB and keeping in view the announcement made in the Union Budget for the Year 2012-13, it has been decided to allow ECB for working capital as a permissible end-use for the civil aviation sector, under the approval route, subject to the following conditions:

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