Board has received several representations over a period of time from various Banks and also from Indian Banks’ Association and Private Sector Banks’ Association.
circulars provided for the conditions to be fulfilled for the acceptance of bank guarantees towards the base minimum and the incremental capital requirements of the brokers. In this respect, it was inter-alia mentioned that the bank guarantees should be from a specified scheduled commercial banks.
Board has received several representations over a period of time from various Banks and also from Indian Banks’ Association and Private Sector Banks’ Association. The matter was referred to Reserve Bank of India and they also recommended that Banks may be exempted from the requirements prescribed under the aforesaid Circular.
Notification No.S. O. 440(E) – Income Tax In Exercise of the powers conferred by sub-section 80-IB of the Income-tax Act, 1961 (43 of 1961), and in supersession of the notification of the Government of India, in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) Number 714(E), dated 7th October, 1997, except as respects things done or omitted to be done before such suppression, the Central
Notification No.S.O. 439(E) – Income Tax In exercise of the powers conferred by section 295, read with sub-section (5) of section 80-IB of the Income-tax Act, 1961 (43 of 1961), the Cnetral Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely
Notification No. 10958/1999 – Income Tax In exercise of powers conferred by sub-section (5) of section 80-IB of the Income-tax Act, 1961 (43 of 1961), and in supersession of the notification of the Government of India, in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) number 714(E) dated 7th October, 1997, [published at (1997) 142 CTR (St) 65], except as respects things done or omitted to be
DGFT amends import policy for cinematograph and video films by including the Directorate of Film Festivals. Details as per Public Notice No. 12 (1999).
Notification No. 13(RE-99) updates import policy for silk products, specifying actions for consignments not certified by foreign inspection agencies.
The companies desirous to avail of this facility would be required to adhere to disclosure and accounting norms as may be specified from time to time.
Notification No.S. O. 435(E) – Income Tax In exercise of the powers conferred by section 295, read with sub-section (6) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Cnetral Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely
