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Gold ETFs in GDS can be held by mutual funds in dematerialized or physical form

October 18, 2013 1284 Views 0 comment Print

Gold certificates issued by Banks in respect of investments made by Gold ETFs in GDS can be held by mutual funds in dematerialized or physical form.

Notification No. 47/2013-Customs Dated: 10/10/2013

October 10, 2013 517 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do

Amendment in Notification No 22(RE-2012)/2009-14 dated 18th June, 2013 relating to export of edible oils

October 9, 2013 343 Views 0 comment Print

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2009-2014 (as amended from time to time), the Central Government hereby amends with immediate effect serial no 4 of Notification No 22(RE-2012)/2009-14 dated 18th June 2013 relating to Sl. No. 92 of Schedule 2 of ITC(HS) Classification of Export & Import Items.

No upfront disbursal of Loan in in cases of incomplete/under-construction/green field housing projects.

October 8, 2013 1186 Views 0 comment Print

It has been observed that some banks have introduced certain innovative Housing Loan Schemes in association with developers/builders, e.g. upfront disbursal of sanctioned individual housing loans to the builders without linking the disbursals to various stages of construction of housing project,

SEBI (Listing of Specified Securities on Institutional Trading Platform) Regulations 2013

October 8, 2013 1360 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Listing of Specified Securities on Institutional Trading Platform) Regulations, 2013.

Section 35AC- Notification S.O. 3033(E), Dated : 07.10.2013

October 7, 2013 892 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 7th October, 2013 S.O. 3033(E).—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 […]

Government amends Reverse Mortgage Scheme to provide for disbursing the loan to the annuity sourcing institution

October 7, 2013 1802 Views 0 comment Print

Notification No. 79/2013 – Income Tax 5. Disbursement of loan. – The approved lending institution may disburse the loan, – (a) to the reverse mortgagor by any one or more of the following modes, namely:- (i) periodic payments to be decided mutually between the approved lending institution and the reverse mortgagor;

SEBI permits contracts for pre-emption and options in shareholders agreements

October 3, 2013 1575 Views 0 comment Print

SEBI has issued a notification today, inter alia, permitting contracts for pre-emption including right of first refusal, tag-along or drag-along rights contained in the shareholders agreements or articles of association of companies.

Notification No. 28/2013-Central Excise ; Dated : 01.10.2013

October 1, 2013 964 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance

Notification No. 46/2013-Customs Dated: 26/09/2013

September 26, 2013 1360 Views 0 comment Print

The principal notification number 64/2008-Customs, dated the 9th May, 2008 was published in the Gazette of India, Extraordinary

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