Others Notification & Circulars

Foreign Direct Investments (FDI) – Issue of shares under FDI and refund of advance remittances

Foreign Direct Investments (FDI) – Issue of shares under FDI and refund of advance remittances A. P. (DIR SERIES) CIRCULAR NO. 20, DATED 14-12-2007 Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Secu..

Posted in Others

Introduction of Index options with longer tenure

Introduction of Index options with longer tenure CIRCULAR NO. SEBI/DNPD/CIR-34/2008, DATED 11-1-2008 1. The SEBI Derivatives Market Review Committee (DMRC) headed by Professor M. Rammohan Rao, recommended the introduction of new derivative products in the Indian market, with option contr..

Posted in Others

Section 17 of the Foreign Exchange Management Act, 1999 - Appeal to Special Director (Appeals) – Notified Special Directors

Section 17 of the Foreign Exchange Management Act, 1999 - Appeal to Special Director (Appeals) – Notified Special Directors NOTIFICATION NO. S.O. 44(E), DATED 8-1-2008 In exercise of the powers conferred by sub-section (1) of section 17 of the Foreign Exchange Management Act, 1999 (42 of..

Posted in Others

Foreign Exchange Management (Permissible Capital Account Transactions) (Amendment) Regulations, 2007

Foreign Exchange Management (Permissible Capital Account Transactions) (Amendment) Regulations, 2007 NOTIFICATION NO. G.S.R. 14(E), DATED 10-10-2007 In exercise of the powers conferred by sub-section (2) of section 6 and sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 ..

Posted in Others

Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Amendment) Regulations, 2007

Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Amendment) Regulations, 2007 NOTIFICATION NO. G.S.R. 13(E), DATED 9-10-2007 In exercise of the powers conferred by clause (a) of sub-section (3) of section 6 and sub-section (2) of section 47 of the Foreign Exchange..

Posted in Others

INVITATION TO THE MEMBERS OF THE INSTITUTE TO BE A PART OF THE CFO (CORPORATE ACCOUNTANTS) GUILD

It is being witnessed over the years that the Members in Industry do get alienated from the mainstream of the profession owing to their commitments. Of late, the trend is that more members are opting to serve in Industry thereby increasing the numbers substantially. Opposing professional interest in..

Posted in Others

CIRCULAR NO. 6/2007, DATED 11-10-2007

Allowability of harvesting and transportation expenses in the cases of Co-operative sugar mills CIRCULAR NO. 6/2007, DATED 11-10-2007 Instances have come to the notice of the Board wherein Assessing Officers have disallowed the claim of harvesting and transportation expenses incurred by the..

Posted in Others

NOTIFICATION NO. 11/LC/GN/2007/4485, DATED 10-10-2007

Securities and Exchange Board of India (Depositories and Participants) (Amendment) Regulation, 2007 - Amendments in regulation 7 NOTIFICATION NO. 11/LC/GN/2007/4485, DATED 10-10-2007 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1..

Posted in Others

Cold Storage and 194C

CIRCULAR NO. 1/2008, DATED 10-1-2008 Representations have been received from various quarters regarding applicability of the provisions of Section 194-I to cooling charges paid by the various customers to the owners of cold storages. It has been represented that the cold storage owner..

Posted in Others