Others Notification & Circulars

Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07

RBI/2007-2008/101DBS.ARS.BC. No. 3/ 08.92.001/ 2007-08 July 25, 2007 To,The Chairman & Managing Director, all Nationalised Banks andThe Managing Director, Associate Banks of SBI Dear Sir/Madam, &nb..

Posted in Others

Profession Tax

Circular No: 16 Date of Issue: 18/2/1969 Section(s) Referred: 37(1) Statute: Income-Tax Act [15] Professional tax-Admissibility of professional tax as revenue expenditure under section 37(1) of I.T. Act, 1961. It has been represented to the Board that the professional tax is not being allowed ..

Posted in Others

Foreign Trade Policy 2006-07

Circular-02 GOVERNMENT OF INDIAMINISTRY OF COMMERCE & INDUSTRY(DEPARTMENT OF COMMERCE)DIRECTORATE GENERAL OF FOREIGN TRADEUDYOG BHAWAN, NEW DELHI – 110 011*** Policy Circular No. 2 (RE-06)/2004-2009 April 10, 2006To &n..

Posted in Others

Announcement from ICAI ::

Announcement Suggestions to be included in the Pre-Budget Memorandum 2008 September 3, 2007 Dear Sir/s Sub: Suggestions to be included in the Pre-Budget Memorandum 2008 As you are kindly aware, every year the ICAI submits its Pre-Budge..

Posted in Others

Proof of Identity (POI) and Proof of Address (POA) for opening a Beneficiary Owner (BO) Account for non-body corporates

Proof of Identity (POI) and Proof of Address (POA) for opening a Beneficiary Owner (BO) Account for non-body corporates Circular No. MRD/DoP/Dep/Cir-12/2007, dated 7-9-2007 1. Please refer to SEBI circular No. MRD/DoP/Dep/Cir-29/2004 dated August 24, 2004 on the captioned subject. 2...

Posted in Others

Proof of Identity (POI) and Proof of Address (POA) for opening a Beneficiary Owner (BO) Account for non-body corporates

Posted in Others

Aircraft (Amendment) Bill

NEW DELHI: A bill to enhance powers of Directorate General of Civil Aviation, increase penalties for violation of aviation laws and ensure proper safeguards in safety and security areas was passed by Lok Sabha on Monday. The Aircraft (Amendment) Bill, 2006 was passed by a voice vote without any disc..

Posted in Others

Guidelines for Overseas Investments by Venture Capital Funds

CIRCULAR NO. SEBI/VCF/CIR NO. 1/ 98645 /2007, DATED 9-8-2007 1. SEBI registered Venture Capital Fund (VCFs) are permitted to invest in securities of foreign companies in terms of regulation 12(ba) of the SEBI (Venture Capital Funds) Regulations 1996. Reserve Ba..

Posted in Others

Future approach towards monitoring of frauds in NBFCs

CIRCULAR NO. DNBS.PD.CC. NO. 106 /03.10.42/2005-06, DATED 4-9-2007 Please refer to Company Circular 59 dated October 26, 2005 on the captioned subject. It was advised in terms of paragraph 3.1.4 thereof that FMR-1, in cases where the amount involved in fraud is Rs 25 lakhs and above shall..

Posted in Others