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Notification & Circulars


Regarding clearance of import of metal scrap-Procedure

 Notification No#53/2016-Customs     18 November 2016

Circular No. 53/2016-Customs F. No. 450/148/2009-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs ***** Room No. 227B, North Block, New Delhi, dated the 18th November, 2016   To, All Principal Chief Co..

Posted in Custom

Correction of Information/Data compiled for Administrative Hand Book (AHB)- 2017

 Notification No#18.11.16     18 November 2016

  Correction of Information/Data compiled for Administrative Hand Book (AHB)- 2017   Please refer to the attached file for details     ..

Posted in Income Tax

Cash Withdrawal at Point-of-Sale (POS) - Withdrawal limits and customer fee/charges - Relaxation

 Notification No#1280/02.14.003/2016-17     18 November 2016

RBI/2016-17/140 DPSS.CO.PD.No.1280/02.14.003/2016-17 November 18, 2016   The Chairman and Managing Director / Chief Executive Officers  All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / A..

Posted in Others

Supply of Notes Sufficient; Do Not Panic or Hoard Currency: RBI reiterates

 Notification No#2016-2017/1235     17 November 2016

The Reserve Bank of India has once again clarified today that there is sufficient supply of notes consequent upon increased production which started nearly two months ago. Members of public are requested not to panic or hoard currency notes. Alpana Killawala Principal Adviser Press Release : ..

Posted in Others

Foreign Exchange Management (Insurance) Regulations, 2015

 Notification No#18 [(1)/12 (R)]     17 November 2016

RBI/2016-17/137 A.P. (DIR New Series) Circular No.18 [(1)/12 (R)] November 17, 2016   To All Category - I Authorised Dealer Banks   Madam/ Sir   Foreign Exchange Management (Insurance) Regulations, 2015   Attention of Authorised Dealers (ADs) is invit..

Posted in Others

Exchange rate notification No.138 dated 17.11.2016

 Notification No#138/2016 - Customs (N.T.)      17 November 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.138/2016 - Customs (N.T.) New Delhi, dated the 17 November, 2016 26 Kartika, 1938 (SAKA)   In exercise of the powers conferred by section 14 of th..

Posted in Custom

Pay IT dues in advance at RBI or at authorised bank branches – December 2016

 Notification No#2016-2017/1236     17 November 2016

It is observed that the rush for remitting Income –Tax dues through the Reserve Bank of India has been far too heavy towards the end of December 2016 and it becomes difficult for the Bank to cope with the pressure of receipts although additional counters to the maximum extent possible are prov..

Posted in Others

Investment trading in securities by employees of AMC(s) and Trustees of Mutual Funds

 Notification No#SEBI/HO/IMD/DF2/CIR/P/2016/124      17 November 2016

CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2016/124 November 17, 2016   All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds   Sir/ Madam,   Subject: Investment/trading in securities by employees of AMC(s) and Trust..

Posted in Shares & Stock

Review of requirement for copy of PAN Card to open accounts of FPIs

 Notification No#CIR/IMD/FPIC/123/2016      17 November 2016

CIRCULAR CIR/IMD/FPIC/123/2016 November 17, 2016   To, 1. All Foreign Portfolio Investors ("FPIs") through their Designated Depository Participants ("DDPs")/ Custodian of Securities. 2. The Depositories (NSDL and CDSL) 3. All Recognized Stock Exchange..

Posted in Shares & Stock

Investment by Foreign Portfolio Investors (FPI) in corporate debt securities

 Notification No#19     17 November 2016

RBI/2016-17/138 A.P. (DIR Series) Circular No.19 November 17, 2016   To, All Category – I Authorised Dealer banks   Madam / Sir,   Investment by Foreign Portfolio Investors (FPI) in corporate debt securities   Attention of Authorised Dealers C..

Posted in Others