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Liquidity Adjustment Facility – Repo And Reverse Repo Rates increased by 0.25 percent

March 19, 2010 340 Views 0 comment Print

As a part of the calibrated exit strategy initiated in the Second Quarter Review in October 2009 and carried forward in the Third Quarter Review in January 2010, the Reserve Bank of India has decided to raise the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 4.75 per cent to 5.00 per cent and the reverse repo rate under the LAF by 25 basis points from 3.25 per cent to 3.50 per cent with immediate effect.

Central Sales Tax (Registration and Turnover) Amendment Rules, 2010 – Amendment in Rule 13

March 19, 2010 930 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of Section 13 of the Central Sales Tax Act, 1956 (74 of 1956), the Central Government hereby makes the following further amendments in the Central Sales Tax (Registration and Turnover) Rules, 1957, namely: –

Notification imposing Anti-Dumping duty on export made to India by M/s. Kodak (China PR) Graphic Communications Company Ltd.

March 19, 2010 232 Views 0 comment Print

NOTIFICATION No. 35/2010-CUSTOMS-M/s. Kodak (China PR) Graphic Communications Company Ltd., (Producer / Exporter from China PR) has requested for review in terms of rule 22 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 in respect of exports made by them, and the designated authority, vide new shipper review notification No. 15/13/2009-DGAD dated the 8th January, 2010, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 8th January, 2010, has recommended provisional assessment of all exports of the subject goods made by the said M/s. Kodak (China PR) Graphic Communications Company Ltd., (Producer / Exporter from China PR) till the completion of the review;

Standing Liquidity Facilities for Banks and Primary Dealers

March 19, 2010 613 Views 0 comment Print

Please refer to the Reserve Bank’s Press Release 2009-10/1263 dated March 19, 2010, in terms of which the fixed repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 4.75 per cent to 5.0 per cent with immediate effect.

NC Notification No. 1/2009-Income Tax Dated 18/3/2010

March 18, 2010 398 Views 0 comment Print

NC Notification No. 1/2009-Income Tax In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government, on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table

Corrigendum to MVAT notification No. VAT.1510/ CR.47 taxation-1, dated 10th March 2010

March 17, 2010 1868 Views 0 comment Print

In the notification No. VAT.1510/ CR.47taxation-1, dated 10th March 2010 published in Maharashtra Government Gazette, Extraordinary, Part IV-B, Number 47, dated 10th March 2010.

MVAT Notification for Amendment to Notification VAT-1505/CR-105/Taxation-1 Dt.01.06.2005

March 17, 2010 2703 Views 0 comment Print

In exercise of the powers conferred by section 42 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005) the Government of Maharashtra, hereby amends with effect from the 1st April 2010 the Government Notification, Finance Department No. VAT-1505/CR- 105/Taxation- l, dated the 1st June 2005, as follows, namely

MVAT Notification for Amendment in Notification No.VAT.1505/CR-120/Taxation-1 dated 01/06/2005

March 17, 2010 1321 Views 0 comment Print

In exercise of the powers conferred by sub-entry (6) of entry 101 of Schedule C appended to the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra, hereby, amends with effect from the 1st April 2010, the Government Notification, Finance Department, No. VAT.1505/CR- 120/Taxation- 1, dated the 1st June 2005, as follows, namely

Customs Notification No. 34/2010, Amending Notification No. 158/95-Customs, dated the 14th November, 1995

March 16, 2010 6135 Views 0 comment Print

S. O. 604 (E) – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) ,No. G. S. R. 744(E), dated the 14th November, 1995 (No.158/95-Customs, dated the 14th November, 1995), namely,-

Additional Disclosures by banks in Notes to Accounts

March 15, 2010 313 Views 0 comment Print

1. Concentration of Deposits, Advances, Exposures and NPAs. 2. Sector-wise NPAs 3. Movement of NPAs 4. Overseas assets, NPAs and revenue 5. Off-balance sheet SPVs sponsored by banks

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