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Notifications

Prohibition on export of Onions – Exemption for export of Bangalore rose onions and Krishnapuram onions

February 10, 2011 307 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 Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government, with immediate effect, makes the following amendments in Notification No. 13(RE-2010)/2009-14 dated 22.12.2010.

Investment in non-Government Securities- Non-Convertible Debentures (NCDs) of maturity up to one year by standalone Primary Dealers (PDs)

February 10, 2011 579 Views 0 comment Print

IDMD. PCD.No. 26/14.03.05/2010-11 we advise that henceforth PDs are permitted to invest in NCDs with original or initial maturity up to one year issued by the corporates (including NBFCs). However, their investments in such unlisted NCDs should not exceed 10 per cent of the size of their non-G-Sec portfolio on an on-going basis.

Section 4 of the Special Economic Zones Act, 2005 – Renaissance Designbuild Private Ltd.

February 9, 2011 426 Views 0 comment Print

NOTIFICATION NO. S.O. 198(E), DATED 31-1-2011 The Central Government makes the following amendment in the English version notification of Ministry of Commerce bearing number S.O. 11(E), dated 4th January, 2011 constituting approval committee for the sector specific Special Economic Zone for information technology and information technology enabled services at Village Koorgally, District Mysore in the […]

Govt now allows BCCI duty free import for WC

February 9, 2011 286 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, hereby exempts

Re-opening of pension option to employees of Public Sector Banks and enhancement in gratuity limits – Prudential Regulatory Treatment

February 9, 2011 640 Views 0 comment Print

Consequent upon the introduction of International Financial Reporting Standards (IFRS) from April 1, 2013 for the banking industry as scheduled, the opening balance of reserves of banks will be reduced to the extent of the unamortised carry forward expenditure.

Notification No. S.O. 301(E), dated 08/02/2011

February 8, 2011 732 Views 0 comment Print

NOTIFICATION NO. SO 301(E), DATED 8-2-2011- In exercise of the powers conferred by sub-section (3) of section 211 of the Companies Act, 1956 (1 of 1956), the Central Government, being of the opinion that it is necessary to grant exemption in the public interest, hereby exempts following classes of companies from disclosing in their profit and loss account the information mentioned under column (3), against each class of companies mentioned under column (2) of the table given below subject to fulfillment of the conditions stipulated in paragraph 2 of this notification namely:-

Notification No. S.O. 300(E), dated 08/02/2011

February 8, 2011 562 Views 0 comment Print

NOTIFICATION NO. SO 300(E), DATED 8-2-2011- Central Government, being of the opinion that it is necessary to grant exemption in the public interest, hereby exempts Public Financial Institutions as specified under section 4A of the Companies Act, 1956 from disclosing Investments as required under paragraph (1) of Note (1) of Part-I of Schedule VI in their balance sheet subject to fulfillment of the following conditions, namely:-

Notification No. G.S.R. 70(E), dated 08/02/2011

February 8, 2011 745 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 641 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following further amendments in Schedule XIII to the Companies Act, 1956, namely:—

CCI (Manner of Recovery of Monetary Penalty) Regulations, 2011 notified

February 8, 2011 742 Views 0 comment Print

NOTIFICATION NO. R-40007/REG-RECOVERY/NOTI/04-CCI, DATED 8-2-2011- These regulations may be called the Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations, 2011. (2) They shall come into force on the date of their publication in the Official Gazette.

Notification No. 7/2011 – Income Tax Dated 07/02/2011

February 7, 2011 343 Views 0 comment Print

Notification No. 7/2011 – Income Tax S.O. It is hereby notified for. general information that the organization Fluorosis Research & Rural Development • Foundation, Delhi has been approved,by the Central Government for the purpose of clause (ii) of sub-section (1) of section. 35 of the Income-tax Act, 1961 (said Act), read with Rules SC and SE of the income-tax Rules, 1962 said Rules), from Assessment Year

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