Notification & Circulars by Ravikumar.G

Credit delivery to Micro and Small Enterprises

RBI/2008-09/ 324 RPCD. SME&NFS.BC.No. 76 / 06.02.31(P)/2008-09 December 16, 2008 To All Commercial Banks (Including RRBs and LABs) Dear Sir, Credit delivery to Micro and Small Enterprises In the context of the global developments and the knock on effects in ..

Posted in Accounts

Amendment in Sch I (Imp) DGFT NOTIFICATION No 72/2008

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE NOTIFICATION NO. 72 (RE-2008) / 2004-2009 NEW DELHI, DATED 16th DECEMBER, 2008 S.O. (E) - In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 r..

Posted in Community & General

Amendments in Handbook of Procedures, Vol. I (RE 2008)

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 117 (RE-2008)/2004-2009 NEW DELHI, DATED THE 16th December 2008 In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2..

Posted in Community & General

CIRCULAR NO. IMD/FII&C/34/2008, DATED 20-10-2008

LENDING OF SECURITIES BOUGHT IN THE INDIAN MARKET SEBI has reviewed the data submitted by the foreign institutional investors in pursuance of our circular no.32, dated October 16, 2008. SEBI disapproves of the activity of the foreign institutional investors lending shares abroad. The facility o..

Posted in Community & General

Amendments in Sch-I (Imports) of the ITC(HS) Classification

OTIFICATION NO. 63/2008, DT. 21/11/2008 Amendments in Schedule-I (Imports) of the ITC(HS) Classifications (7208) S.O. (E) - In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy – 2004-09, th..

Posted in Community & General

Operations of Foreign Branches and Subsidiaries - Compliance

Operations of Foreign Branches and Subsidiaries - Compliance with statutory norms, etc. RBI/2008-09/302 DBOD.No.BP.BC.89 /21.04.141/2008-09 December 1, 2008 All Scheduled Commercial Banks (excluding Local Area Banks and Regional Rural Banks) Dear Sir, Operations of foreign branches an..

Posted in Community & General

NOTIFICATION NO. S.O. 2266(E), DATED 25-9-2008

SECTION 210A OF THE COMPANIES ACT, 1956 - CONSTITUTION OF NATIONAL ADVISORY COMMITTEE ON ACCOUNTING STANDARDS - NOTIFIED COMMITTEE NOTIFICATION NO. S.O. 2266(E), DATED 25-9-2008 In exercise of the powers conferred by sub-section (1) of section 210A of the Companies Act, 1956 (1 of 1956), th..

Posted in Corporate Law

RE-ALLOCATION OF DEBT INVESTMENT LIMIT DT 19.11.08

RE-ALLOCATION OF DEBT INVESTMENT LIMIT PRESS RELEASE NO. 265/2008, DATED 19-11-2008 The enhanced debt limits in corporate debts category were allocated to entities on October 22, 2008. After assessment of the utilization, the unutilized debt limits are being re-allocated to entit..

Posted in Community & General

NOTIFICATION NO. 95/2008, DATED 1-10-2008

SECTION 35(1)(II) OF THE INCOME-TAX ACT, 1961 - SCIENTIFIC RESEARCH EXPENDITURE - APPROVED SCIENTIFIC RESEARCH ASSOCIATIONS/INSTITUTIONS NOTIFICATION NO. 95/2008, DATED 1-10-2008 It is hereby notified for general information that the organization National Health & Education Society, (P.D. Hin..

Posted in Income Tax

Revision of custom duty & ST refund to exporters dt19.11.08

REVISION OF CUSTOMS DUTIES ON CERTAIN ITEMS AND PROCEDURAL SIMPLIFICATION IN SERVICE TAX REFUND TO EXPORTERS PRESS NOTE, DATED 19-11-2008 In the wake of the recent fall in the international prices of commodities and with a view to safeguard the interests of domestic producers, Go..

Posted in Custom