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Sovereign Gold Bond Scheme 2016-17 – Series II

August 29, 2016 2488 Views 1 comment Print

The Gold Bonds under Sovereign Gold Bond Scheme 2016-17 – Series II may be held by a Trust, HUFs, Charitable Institution, University or by a person resident in India, being an individual, in his capacity as such individual, or on behalf of minor child, or jointly with any other individual.

Sovereign Gold Bonds 2016-17 Series II– Operational Guidelines

August 29, 2016 667 Views 0 comment Print

Sovereign Gold Bonds will be available for subscription at the branches of scheduled commercial banks and designated post offices through RBI’s e- Kuber system. The e-Kuber system can be accessed either through Infinet or Internet.

All about Sovereign Gold Bonds Scheme, 2016 -17 – Series II

August 29, 2016 3220 Views 1 comment Print

Sovereign Gold Bond Scheme will be open for subscription for the period from September 01 to 09, 2016. The issue price of the Sovereign Gold Bond for this tranche has been fixed at ₹ 3150/- (Rupees Three Thousand One Hundred Fifty only) per gram of gold. The rate has been fixed on the basis of simple average of closing price for gold of 999 purity of the previous week (August 22-26, 2016)

Govt notifies salary & service rules of Bankruptcy Board

August 29, 2016 736 Views 0 comment Print

These rules may be called the Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Service of Chairperson and members) Rules, 2016.

Coinage (Issue of Commemorative Coins on the Occasion of Birth Centenary of Pandit Deendayal Upadhyaya) Rules,2016

August 29, 2016 514 Views 0 comment Print

The coins of the following denominations shall also be coined at the Mint for issue under the authority of the Central Government to commemorate the occasion of Birth Centenary of Pandit Deendayal Upadhyaya

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Third Amendment) Regulations, 2016

August 29, 2016 775 Views 0 comment Print

1. These regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Third Amendment) Regulations, 2016. 2. They shall come into force on the date of their publication in the Official Gazette.

Enemy Property (Amendment and Validation) Fourth Ordinance, 2016

August 28, 2016 892 Views 0 comment Print

The enemy property vested in the Custodian shall, notwithstanding that the enemy or the enemy subject or the enemy firm has ceased to be an enemy due to death, extinction, winding up of business or change of nationality or that the legal heir and successor is a citizen of India or the citizen of a country which is not an enemy, continue to remain, save as otherwise provided in this Act, vested in the Custodian.

Reg. Excise Duty at concessional rate on Aviation Turbine Fuel

August 26, 2016 1055 Views 0 comment Print

Seeks to further amend notification No. 12/2012-Central Excise dated 17.03.2012 so as to levy Basic Excise Duty at a concessional rate of 2% on Aviation Turbine Fuel drawn by operators or cargo operators from the Regional Connectivity Scheme (RCS) airports for a period of 3 years. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) […]

SEBI (Settlement of Administrative and Civil Proceedings) (Amendment) Regulations, 2016

August 26, 2016 919 Views 0 comment Print

Market wide impact: shall mean the defaults which have a bearing on the securities market as a whole and not just the listed security and its investors which is under investigation/inquiry/inspection, etc.

Guide to enhance Credit Supply for Large Borrowers via Market Mechanism

August 25, 2016 2078 Views 0 comment Print

Aggregate Sanctioned Credit Limit (ASCL) means the aggregate of the fund based credit limits sanctioned or outstanding, whichever is higher, to a borrower by the banking system. ASCL would also include unlisted privately placed debt with the banking system.

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