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Notifications

Bhutan exempt from export ban by India on Milk Powder, Wheat, Edible Oils, Pulses & Non Basmati Rice

December 5, 2011 687 Views 0 comment Print

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby exempts the following items to Bhutan from any export ban, with the annual limits indicated against each:

Be Courteous to Public and Legislators – Government Directs Babus

December 5, 2011 412 Views 0 comment Print

The Members of Parliament and State Legislatures as the accredited representatives of the people occupy a very Important place in our democratic set-up. In connection with their duties, they often find it necessary to seek information from the Ministries/Departments of the Government of India or the State Governments, or make suggestions for their consideration or ask for interviews with the officers. Certain well-recognized principles and conventions to govern the relations between the Members of Parliament / State Legislatures and Government servants have already been established.

Amendment to MVAT Rules, 2005 (6th AMD)-Submission of Details of Sales and Purchases

December 5, 2011 1406 Views 0 comment Print

Whereas the Government of Maharashtra is satisfied that circumstances exist which render it necessary to take immediate action further to amend the Maharashtra Value Added Tax Rules, 2005 and to dispense with the condition of previous publicatioy thereof under the proviso to sub-section (4) of section 83 of the– Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005) ;

SEBI : {KYC (Know Your Client) Registration Agency} Regulations, 2011

December 2, 2011 535 Views 0 comment Print

KRA shall cause an audit of its controls, systems, procedures and safeguards to be carried out periodically and take corrective actions for deficiencies, if any and report to Board.

RBI directs primary urban cooperative banks to not to process over 3-month old cheques

December 2, 2011 1241 Views 0 comment Print

The Reserve Bank of India on Friday directed primary urban cooperative banks not to make payments on cheques and other financial instruments that are over three months old, with effect from April next year. RBI directs that with effect from April 1, 2012, banks should not make payment of cheques/drafts/pay orders/banker’s cheques bearing that date or any subsequent date if they are presented beyond the period of three months from the date of such instrument, the Reserve Bank (RBI) said in a circular to all primary urban cooperative banks.

CCI (Salary, Allowances and other terms and conditions of service of Chairperson and other Members) Amendment Rules, 2011 – Substitution of Rule 3

December 2, 2011 1099 Views 0 comment Print

In exercise of the powers conferred by clause (d) of sub-section (2) of section 63 read with sub-section (1) of section 14 of the Competition Act, 2002 (12 of 2003), the Central Government hereby makes the following rules further to amend the Competition Commission of India (Salary, Allowances and other Terms and Conditions of Service of Chairperson and other Members) Rules, 2003, namely :—

MVAT – Amendment to Notification dated 6th October 2007-Delegation of Power to JC

December 2, 2011 721 Views 0 comment Print

In exercise of the powers conferred by sub-section (5) of section 10 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Commissioner of Sales Tax Maharashtra State, Mumbai, hereby amends the Notification No. Sr. DC(A & R)/PWR/1006/2/Adm-3, dated 6th October 2007, as follows, namely :‑

Non-Banking Financial Company – Micro Finance Institutions (Reserve Bank) Directions, 2011

December 2, 2011 433 Views 0 comment Print

The Reserve Bank of India having considered it necessary in the public interest and being satisfied that for the purpose of enabling the Bank to regulate the credit system to the advantage of the country, it is necessary to give the directions set out below, hereby, in exercise of the powers conferred by sections 45JA, 45K, 45L and 45M of the Reserve Bank of India Act, 1934 (2 of 1934), and of all the powers enabling it in this behalf, hereby gives the Directions hereinafter specified.

Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007 – Amendment in Paragraphs 1 and 2

December 2, 2011 484 Views 0 comment Print

In exercise of the powers conferred by Sections 45JA of the Reserve Bank of India Act, 1934 and of all the powers enabling it in this behalf, and in partial modification of Notification No. DNBS. 193 dated DG (VL)-2007 dated February 22, 2007, the Reserve Bank hereby notifies as follows, namely.

Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2008 – Amendment in Paragraph 3A

December 2, 2011 1245 Views 0 comment Print

In paragraph 3A, the following sentence may be added as sub clause No. (IV)- “Based on the criteria set forth by the Bank in the Notification viz; Non-Banking Financial Company- Micro Finance Institutions (Reserve Bank) Directions, 2011 dated December 02, 2011 for classification of NBFCs as NBFC-MFIs, whether the non-banking financial company has been correctly classified as NBFC-MFI as defined in the said Directions with reference to the business carried on by it during the applicable financial year

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