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Notifications/Circulars

Policy Circular No. 48 (RE-2010)/2009-14, Dated: 28.11.2011

November 28, 2011 880 Views 0 comment Print

Had stipulated incorporation of barcodes (1 D) encoding unique product identification code (GTIN), Batch Number, Expiry Date and Unique Serial Number on export consignments of pharmaceuticals and drugs with effect from 01.10.2011. It is clarified that the above barcoding requirement is applicable only in respect of finished pharmaceutical products i.e. medical formulations and not Bulk drugs/APIs/Intermediates.

Minimum Export Price of Onions – Notification No 86 (RE – 2010)/2009-2014

November 28, 2011 322 Views 0 comment Print

-Minimum Export Price (MEP) of all varieties of onions except Bangalore Rose Onions and Krishnapuram Onions will be US$ 250 per Metric Ton F.O.B. It was US$ 350 per Metric Ton as notified on 18.11.2011. For Bangalore Rose Onions and Krishnapuram Onions it will be US$ 300 per MT F.O.B instead of US$ 400 per MT as notified on 18.11.2011.

Customs – Rate of exchange of conversion of each of the foreign currency with effect from 1st December, 2011

November 28, 2011 1631 Views 0 comment Print

Notification No.82/2011 – Customs (N.T.) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.74/2011-CUSTOMS (N.T.), dated the 27th October, 2011 vide number S.O.2444 (E), dated the 27th October, 2011, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 1st December, 2011 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

Interest Rate on PPF increased to 8.60 percent w.e.f. 01.12.2011

November 28, 2011 6464 Views 0 comment Print

In pursuance of section 5 of the Public Provident Fund Act, 1968 (23 of 1968) the Central Government hereby notifies that the subscriptions made to the fund on or after the 1st day of December, 2011 and balances at the credit of the subscriber shall bear interest at the rate of 8.6 per cent. per annum.

PPF – Investment Limit increased to 1 lakh, Loan to cost 2% extra

November 27, 2011 42954 Views 0 comment Print

Public Provident Fund (Amendment) Scheme, 2011 – Amendment in paragraphs 3, 11 and Form A NOTIFICATION [F.No. 1/9/2011-NS-II], dated 25-11-2011 In exercise of the powers conferred by sub-section (4) of section 3 of the Public Provident Fund Act, 1968 (23 of 1958), the Central Government hereby makes the following further amendment to the Public Provident Fund Scheme, 1968, namely :- 1. (1) This Scheme may be called the Public Provident Fund (Amendment) Scheme, 2011.

National Small Savings Fund (Custody and Investment) amendment Rules, 2011 – Amendment in rule 9

November 27, 2011 1250 Views 0 comment Print

NOTIFICATION [F.No.1/12/2011-NS-II], dated 25-11-2011 In exercise of the powers conferred by clause (1) of article 283 of the Constitution, the President hereby makes the following further amendments in the National Small Savings Fund (Custody and Investment) Rules, 2001, namely:- 1. (1) These rules may be called the National Small Savings Fund (Custody and Investment) Amendment Rules, 2011. (2) They shall come into force on the 1st day of December 2011.

Post Office Time Deposit (Second Amendment) Rules, 2011 – Amendment in Rules 7 and 8

November 27, 2011 2243 Views 0 comment Print

NOTIFICATION [F.No.1/11/2011-NS-II], dated 25-11-2011- In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office Time Deposit Rules, 1981, namely:-1. (1) These rules may be called the Post Office Time Deposit (Second Amendment) Rules, 2011.

Post Office Savings Account Rules – Interest with effect from 1-12-2011 notified

November 27, 2011 1725 Views 0 comment Print

NOTIFICATION [F.No. 1/10/2011-NS-II], dated 25-11-2011- In pursuance of rule 6 of the Post Office Savings Account Rules, 1981, the Central Government hereby notifies that, with effect from the 1st day of December, 2011, interest on the balance at credit of an account shall be allowed at the rate of four per cent, per annum.

Post Office Recurring Deposits – Interest w.e.f. 1-12-2011 notified

November 27, 2011 8007 Views 0 comment Print

Post Office Recurring Deposit (Second Amendment) Rules, 2011 – Amendment in rules 9. 10, 11, 12 and insertion of tables 44 to 46 NOTIFICATION [F.No. 1/7/2011-NS-II], dated 25-11-2011 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 (Second Amendment) Rules, 2011.

NSC – Interest with effect from 1-12-2011 notified

November 27, 2011 4020 Views 0 comment Print

National Savings Certificates (VIII Issue) (Second Amendment Rules, 2011 – Amendment in rules 15 and 16- NOTIFICATION [F.No.1/7/2011-NS-II], dated 25-11-2011 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) Second Amendment Rules, 2011.

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