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Notifications

SEBI (Employee’ Service) (Second Amendment) Regulations, 2012

November 19, 2012 400 Views 0 comment Print

1n 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 (Employees Service) Regulations, 2001

SEBI : Notification regarding establishment of Local Office of Board at Bhubaneswar

November 19, 2012 436 Views 0 comment Print

In exercise of the powers conferred by sub-section (4) of section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board has established its Local Office at Bhubaneswar under the administrative control of its Eastern Regional Office at Kolkata.

Other than working capital finance, banks not permitted to finance purchase of gold

November 19, 2012 888 Views 0 comment Print

In terms of extant guidelines, no advances should be granted by banks against gold bullion to dealers/traders in gold if, in their assessment, such advances are likely to be utilised for purposes of financing gold purchase at auctions and/or speculative holding of stocks and bullion. In this context, the significant rise in imports of gold in recent years is a cause for concern as direct bank financing for purchase of gold in any form viz., bullion/primary gold/jewellery/gold coin could lead to fuelling of demand for gold for speculative purposes.

Seeks to provide duty exemption to ASTRA by amending notification No. 39/96-cus dt. 23/7/1996

November 19, 2012 565 Views 0 comment Print

Notification No. 58/2012-Customs Machinery, equipment, instruments, components, spares, jigs and fixtures, dies, tools, accessories, computer software, raw materials and consumables required for the purpose of Air-to-Air Missile System (Project ASTRA) of the Ministry of Defence.

Seeks to provide exemption to Project ASTRA by amending notification No. 64/95 -CE dt. 16/3/1995

November 19, 2012 454 Views 0 comment Print

Equipment and stores If,- (i) used for the systems and sub-systems of Project ASTRA of the Government of India in the Ministry of Defence;

Corrigendum to List of Companies authorized to issue tax-free bonds

November 15, 2012 714 Views 0 comment Print

Notification No. 50/2012-Income Tax In the notification of the Government of India in the Ministry of Finance, Department of Revenue, (Central Board of Direct Taxes) number S.O. 2685(E), dated the 6th November, 2012 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), dated the 6th November, 2012, in the table, for Rural Electrical Corporation, read Rural Electrification Corporation Limited.

Education Loans – Banks not to insist Service area approach

November 9, 2012 756 Views 0 comment Print

We have been receiving a number of complaints where students have been refused educational loan as the residence of the borrower does not fall under the bank’s service area. In this connection, we advise that Service area norms are to be followed only in the case of Government sponsored schemes as advised in our circular RPCD.LBS (SAA).BC.No.62/08.01.00/2004-05 dated December 8, 2004 and are not applicable to sanction of educational loans.

India – Uzbekistan Protocol – Articles 1 to 4 and 6 wef 2013-14 & Article 5 from 20-7-2012

November 7, 2012 1438 Views 0 comment Print

Notification No. 49/2012-Income Tax Whereas the annexed Protocol amending the Agreement between the Government of the Republic of India and the Government of the Republic of Uzbekistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital

Notification No. 48/2012-Income Tax Dated 6-11-2012

November 6, 2012 885 Views 0 comment Print

Notification No. 48/2012-Income Tax And whereas M/s. India Land and Properties Pvt. Ltd. having its registered address at Plot No. 14, 3rd Main Road, Ambattur Industrial Estate, Chennai-600058 has developed an Industrial Park at Indian Land Tech Park Tower AB and Tower C at Survey Nos. 195 part, 196 part, 197 part, 198 part, 199 part and 200 part of Mannurpet Village and 6 part, 7 part, 8 part and 10 part, of Athipet Village, Village Mannurpet and Athipet, Taluka Ambattur, District Thiruvallur, Tamil Nadu.

Notification No. 47/2012-Income Tax Dated 6-11-2012

November 6, 2012 732 Views 0 comment Print

Notification No. 47/2012-Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961(43 of 1961)(hereinafter referred to as the said Act), has framed and notified a scheme for industrial park, by the notification of the Government of India in the Ministry of Finance (Department of Revenue, Central Board of Direct Taxes) vide

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