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Notifications

Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of Director General/Director (Intelligence & Criminal Investigation)

August 19, 2011 6889 Views 0 comment Print

Notification No. 42/2011 – Income Tax- Section 120(1) and (2) Of the Income-Tax Act, 1961 – Income-Tax Authorities – Jurisdiction of Director General/Director (Intelligence & Criminal Investigation) – Supersession of Notification Nos. S.O. 883(E), Dated 14-9-2001; S.O. 494(E), Dated 13-3-2008; S.O. 855(E) and S.O. 856(E), Both Dated 31-5-2007.

Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of Commissioners – Corrigendum to Notification No. 62/2010, dated 27-7-2010

August 19, 2011 11024 Views 0 comment Print

Notification No.41/2011 – Income Tax [F.NO. 187/11 /2009-ITA.I], DATED 19-8-2011 – In the notification of Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number 62/2010, dated 27-7-2010 bearing S.O. 1843(E) and published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), dated 27th July, 2010, in the Schedule for Serial number 112 at column No. 6(b)

Export of Cotton [ITC (HS) Code 5201 & 5203]: obtaining of Registration Certificate

August 18, 2011 565 Views 0 comment Print

Export of Cotton [ITC (HS) Code 5201 & 5203]: obtaining of Registration Certificate. S.O. (E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-14, the Central Government hereby makes the following amendment in Notification No.63(RE-2010)/2009-14 dated 4.8.2011:-

Notification No.76/2011-Customs -Dated the 17th August, 2011

August 17, 2011 688 Views 0 comment Print

The government has decided vide Notification No.76/2011-Customs -Dated the 17th August, 2011 to continue imposing anti-dumping duty of up to $ 515.94 per tonne on imports of a chemical from China, used in industries like pharmaceuticals and dyeing, for five more years to protect domestic industry. The restrictive duty on Sodium Nitrite, which is also used in the meat processing and textile sectors, was initially imposed in 2006. The anti-dumping duty imposed shall be levied for a period of five years (unless revoked, superseded or amended earlier).

SEBI (Stock Brokers and Sub-Brokers) (Second Amendment) Regulations, 2011 – Amendment in Regulations 17, 26 and Schedule II

August 17, 2011 520 Views 0 comment Print

NOTIFICATION F.NO. LAD-NRO/GN/2011-12/19/26273, DATED 17-8-2011 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Stock Brokers and Sub-Brokers) Regulations, 1992, namely:— 1. These Regulations may be called the Securities and Exchange Board of India (Stock Brokers and Sub-Brokers) (Second Amendment) Regulations, 2011.

RBI Circular on Misuse of Banking Channels – Issue and Payment of Demand Drafts for Rs. 50,000/- and above

August 16, 2011 1763 Views 0 comment Print

Please refer to our circular RPCD.No.NB.BC.124/RRB.16/90-91 dated May 29, 1991 in terms of which demand drafts, mail transfers, telegraphic transfers and travellers cheques for Rs.50,000/- and above should be issued by banks only by debit to the customer’s account or against cheques or other instruments tendered by the purchaser and not against cash payment.

SEBI (Merchant Bankers) (Second Amendment) Regulations, 2011 – NOTIFICATION NO. LADNRO/GN/2011-12/17/26149, DATED 16-08-2011

August 16, 2011 489 Views 0 comment Print

NOTIFICATION NO. LADNRO/GN/2011-12/17/26149, DATED 16-8-2011 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to amend the Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992, namely:—

SEBI (Prohibition of Insider Trading ) (Amendment) Regulations, 2011

August 16, 2011 2666 Views 0 comment Print

AMENDMENT IN REGULATION 13 AND SCHEDULE III- These regulations may be called Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2011.   

DGFT on Minimum Export Price of Onions

August 12, 2011 646 Views 0 comment Print

Minimum Export Price (MEP) of Bangalore Rose Onions and Krishnapuram onions will be US$ 400 per Metric Ton F.O.B. It was US$ 350 per Metric Ton as notified on 16.05.2011. Minimum Export Price (MEP) of onions other than Bangalore Rose Onions and Krishnapuram onions will be US$ 275 per Metric Ton F.O.B. It was US$ 230 per Metric Ton as notified on 15.07.2011. Notification No 66 (RE – 2010)/2009-2014,

Operational Guidelines on implementation of Electronic Benefit Transfer (EBT) and its convergence with Financial Inclusion Plan (FIP)

August 12, 2011 562 Views 0 comment Print

As you are aware, Electronic Benefit Transfer (EBT) for servicing low value accounts and extending banking infrastructure to underserved low income areas has been implemented in the states of Andhra Pradesh, Haryana, Karnataka, Orissa, Chhattisgarh, Himachal Pradesh, Uttarakhand, Bihar, Punjab, etc. on pilot basis in select districts under the ‘One District – One Bank’ Model. Difficulties have been expressed by stake holders in scaling the model. RPCD.CO.BC.FID.No. 16/12.01.019/2011-12

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