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Notifications

Tax Return Preparer (First Amendment) Scheme, 2010 – Amendment in paragraphs 2 and 11

November 22, 2010 454 Views 0 comment Print

Notification No. 84/2010-Income Tax In exercise of the powers conferred by sub-section (1) of section 139B of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby amends the Tax Return Preparer Scheme, 2006, published vide notification number S.O. 2039(E) dated the 28th November, 2006

Exempts goods in relation to generation of power using non-conventional materials – relaxation to projects promoted by states

November 20, 2010 400 Views 0 comment Print

Amends notification no. 81/2005 Cus dated 8-9-2005 – Exempts goods in relation to generation of power using non-conventional materials – relaxation to projects promoted by states. Notification No. 118/2010-Cus dated -18-11-2010 G.S.R. 917(E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central […]

Notification No.34/2010 – Central Excise; Dated: 18.11.2010

November 20, 2010 591 Views 0 comment Print

G.S.R. 918(E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment

RBi adivises bank to disclose all information relating to processing fees / charges

November 19, 2010 361 Views 0 comment Print

With a view to bringing in fairness and transparency, banks are advised that they must transparently disclose to the borrower all information about fees/charges payable for processing the loan application, the amount of fees refundable if loan amount is not sanctioned/disbursed, pre-payment options and charges, if any, penalty for delayed repayments if any, conversion charges for switching loan from fixed to floating rates or vice versa, existence of any interest reset clause and any other matter which affects the interest of the borrower. Such information should also be displayed in the website of the banks, if any, for all categories of loan products.

Regarding anti dumping duty on Polypropylene originating in, or exported from, Oman, Saudi Arabia and Singapore

November 19, 2010 670 Views 0 comment Print

G.S.R. (E). – Whereas in the matter of imports of Polypropylene [hereinafter referred to as the subject goods], falling under sub heading 39021000 or 39023000 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, Oman, Saudi Arabia and Singapore (hereinafter referred as the subject countries) and imported into India, the designated authority in its preliminary findings vide notification N

Section 23 of the Banking Regulation Act, 1949- Relaxations in Branch Licensing Policy

November 18, 2010 2859 Views 0 comment Print

Accordingly, Reserve Bank of India hereby permits Regional Rural Banks to open branches in Tier 3 to Tier 6 centres (with population up to 49,999 as per Census 2001 – details of classification of centres tier-wise furnished in Annex II) without having the need to take permission from Reserve Bank of India in each case, subject to reporting, provided they fulfil the following conditions as per the latest inspection report.

SEZ – Section 13 of the Special Economic Zones Act, 2005 – Stargaze Properties Private Limited

November 18, 2010 537 Views 0 comment Print

NOTIFICATION NO. S.O. 2760(E), DATED 9-11-2010 Whereas, M/s. Stargaze Properties Private Limited, a private organization in the State of Andhra Pradesh, had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as ‘the said Act’), to set up a sector specific Special Economic Zone for information technology […]

SEZ – Section 13 of the Special Economic Zones Act, 2005 – J.T. Holdings Private Limited

November 18, 2010 429 Views 0 comment Print

NOTIFICATION NO. S.O. 2761(E), DATED 9-11-2010 Whereas, M/s. J.T. Holdings Private Limited, a private organization in the State of Andhra Pradesh, had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as ‘the said Act’), to set up a sector specific Special Economic Zone for information technology […]

Antidumping duty on import of bias tyres, tubes and flaps originating in, or exported from, People’s Republic of China (China PR) and Thailand

November 18, 2010 327 Views 0 comment Print

G.S.R. 916 (E).- Whereas, in the matter of import of bias tyres, tubes and flaps (hereinafter referred to as the subject goods), falling under tariff items 4011 20 90, 4013 10 20 and 4012 90 49 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, People’s Republic of China (China PR) and Thailand (hereinafter referred to as the subject countries), the designated authority in its preliminary findings vide notification No. 14/9/2005-DGAD dated the 31st July, 2006, published in the Gazette of India, Extraordinary, Part I, Se

Post Office Savings Account (Amendment) Rules, 2010 – Amendment in rule 4

November 17, 2010 208 Views 0 comment Print

Notification No. GSR 882(E), dated 3-11-2010 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 Savings Account Rules, 1981, namely :—

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