Master circular
Sathish M (Management Accountant) (40581 Points)
11 April 2014
When is a master circular issued by the regulators or various statutory departments ?
3 Replies
Deepak Gupta
(CA Student)
(15927 Points)
Replied 11 April 2014
As far as RBI is concerned, Master Circulars are issued on a particular subject between July-June. These are issued on July 1 every year and automatically expire on June 30 next year.
Sathish M
(Management Accountant)
(40581 Points)
Replied 11 April 2014
Thanks for the reply sir...!!
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