Notification & Circulars

Volatility Index introduced

CIRCULAR NO. SEBI/DNPD/CIR-35/2007, DATED 15-1-2008The SEBI appointed Derivatives Market Review Committee (DMRC), headed by Professor M. Rammohan Rao, recommended the introduction of Volatility Index and Futures and Options on this Index. Accordingly, it has been decided that, to begin with..

Posted in Investments & Personal Finance

Income-tax (First Amendment) Rules, 2008-Industrial park scheme

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART –II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE Department of Revenue (CENTRAL BOARD OF DIRECT TAXES) Notification New Delhi, the 8th January, 2008. INCOME-TAX S.O.50(E) .–In exercise of..

Posted in Income Tax

Section 10(15)(vii)

Section 10(15)(vii) of the Income-tax Act, 1961 - Exemptions - Interest on bonds issued by local authorities - Notified bonds NOTIFICATION NO. 6/2008, DATED 14-1-2008 In exercise of the powers conferred by sub-clause (vii) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 196..

Posted in Income Tax

Schedule VI amended

NOTIFICATION NO. G.S.R. 719(E), DATED 16-11-2007 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 alterations in Schedule VI to the said Act, namely:—1. In the said Schedule, ..

Posted in Corporate Law

Notification No.42/2007-Service Tax

New Delhi, the 29th November, 2007Notification No.42/2007-Service Tax G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following amendments in the notification of the Government ..

Posted in Service Tax

Notification No 282/2007 Sec 90 DTAA

Section 90 of Income-tax Act Section 90 of the Income-tax Act, 1961 - Double taxation agreement - Agreement for Avoidance of Double Taxation and Prevention of Fiscal Evasion with Foreign Countries - With Government of the United Arab Emirates Notification No. 282/2007 - FTD [F. No. 503/5/2004-FT..

Posted in Income Tax

NOTIFICATION GSR 737(E)[NO. FEMA 170/2007-RB], DATED 13-11-2007

Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Third Amendment) Regulations, 2007 - Amendments in Schedule 1 NOTIFICATION GSR 737(E)[NO. FEMA 170/2007-RB], DATED 13-11-2007 In exercise of the powers conferred by clause (b) of sub-section (3) of se..

Posted in Community & General

Section 1 of the Government Securities Act, 2006 - Commencement of Act

Section 1 of the Government Securities Act, 2006 - Commencement of Act - Notified date NOTIFICATION NO. S.O. 2020(E), DATED 30-11-2007 In exercise of the powers conferred by sub-section (4) of section 1 of the Government Securities Act, 2006 (38 of 2006), the Central Government hereby appoints t..

Posted in Community & General

Section 4A of the companies Act, 1956 NOTIFICATION NO. S.O. 2007(E), DATED 29-11-2007

Section 4A of the companies Act, 1956 - Public Financial Institution - Specified Institution NOTIFICATION NO. S.O. 2007(E), DATED 29-11-2007 In exercise of the powers conferred by sub-section (2) of section 4A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the follow..

Posted in Corporate Law

Bank Term Deposit (Amendment) Scheme, 2007 - Amendment in Paragraph 11

Bank Term Deposit (Amendment) Scheme, 2007 - Amendment in Paragraph 11 NOTIFICATION NO. S.O. 2127(E), DATED 13-12-2007 In exercise of the powers conferred by clause (xxi) of sub-section (2) of section 80C of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the f..

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