Notification & Circulars by Guest

Income-tax (sixth Amendment) Rules, 2012 - Insertion of rule 10AB

Notification No#18/2012 23 May 2012

Income-tax (sixth Amendment) Rules, 2012 - Insertion of rule 10AB NOTIFICATION NO. 18/2012 [F. NO. 142/5/2012-TPL] DATED 23-5-2012 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the ..

Posted in Income Tax

Rationalisation and Revision of Agency Commission Payable to Banks on Government Transactions

Notification No#RBI/2011-12/570 22 May 2012

RBI/2011-12/570 DGBA.GAD.No.7575/31.12.011/2011-12 May 22, 2012 The Chairman and Managing Director/Chief Executive Officer All Agency Banks Madam / Dear Sir, Rationalisation and Revision of Agency Commission Payable to Banks on Government Transactions As you ar..

Posted in Community & General

Finance Act, 2011 - Explanatory notes to the provisions of the Finance Act, 2011

Notification No#02/2012 22 May 2012

CIRCULAR NO. 02/2012 [F. NO.142/01/2012-SO(TPL)], DATED 22-5-2012 Finance Act, 2011 - Explanatory notes to the provisions of the Finance Act, 2011 Amendments at a Glance Section/Schedule Par..

Posted in Income Tax

Clarification regarding classification of Structural Components of Boiler and Admissibility of CENVAT Credit on these Structural Components, reg

Notification No#Circular No 966/09/ 2012-CX 18 May 2012

Circular No 966/09/ 2012-CX F No 84/1/2011-CX.1 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi the 18th May 2012 To All Chief Commissioner of Central Excise and Customs All Chief C..

Posted in Excise

Bank Finance to NBFCs Predominantly Engaged in lending against Gold

Notification No#RBI/2011-12/568 18 May 2012

RBI/2011-12/568 DBOD.BP.BC.No. 106/21.04.172/2011-12 May 18, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Bank Finance to NBFCs Predominantly Engaged in lending against Gold Please refer to paragraphs 94 to 96 (extract enclosed) of the Monetary Policy St..

Posted in Community & General

Priority Sector Lending – Indirect Finance to Housing Sector

Notification No#RBI/2011-12/567 18 May 2012

RBI/2011-12/567 UBD.BPD. (PCB) CIR No.33/09.09.001/2011-12 May 18, 2012 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Priority Sector Lending – Indirect Finance to Housing Sector Please refer to our C..

Posted in Community & General

Financial Inclusion – Use of Business Correspondents

Notification No#RBI/2011-12/566 17 May 2012

RBI/2011-12/566 DBOD.No.BL.BC.105/22.01.009/2011-12 May 17, 2012 All Scheduled Commercial Banks (including RRBs) and Local Area Banks Dear Sir, Financial Inclusion – Use of Business Correspondents As you are aware, with a view to promote fi..

Posted in Community & General

Interest Rates on FCNR(B) Deposits

Notification No#RBI/2011-12/565 17 May 2012

RBI/2011-12/565 UBD.BPD.AD.CIR.No.7/13.01.000/2011-12 May 17, 2012 The Chief Executive Officers All AD Cateogry -1 UCBs Dear Sir/Madam, Interest Rates on FCNR(B) Deposits Please refer to our circular No. UBD.BPD.AD.CIR.No. 4/13.01.000/2011-12 date..

Posted in Community & General

Exchange Earner’s Foreign Currency (EEFC) Account

Notification No#RBI/2011-12/564 16 May 2012

RBI/2011-12/564 A.P. (DIR Series) Circular No. 128 May 16, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Exchange Earner’s Foreign Currency (EEFC) Account Attention of Authorised Dealer Category – I (AD Category..

Posted in Community & General | 1 comments

Foreign investment in NBFC Sector under the Foreign Direct Investment (FDI) Scheme - Clarification

Notification No#RBI/2011-12/562 15 May 2012

RBI/2011-12/562 A.P. (DIR Series) Circular No. 127 May 15, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Foreign investment in NBFC Sector under the Foreign Direct Investment (FDI) Scheme - Clarification Attention of ..

Posted in Community & General