Notification & Circulars


Additional Repo Operations under Liquidity Adjustment Facility (LAF) on Reporting Fridays

 Notification No#RBI/2011-2012/370      27 January 2012

 RBI/2011-2012/370  FMD.MOAG. No. 66 /01.01.01/2011-12 January 27, 2012   All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers   Dear Sir,   Additional Repo Operations under Liquidity Adjustment Facility (LAF) on Reporting Fridays   At present,..


Eligibility criteria for qualified depository participant

 Notification No#CIR/ IMD/ FII&C/ 4/ 2012     25 January 2012

 CIR/ IMD/ FII&C/ 4/ 2012 January 25, 2012   All SEBI registered Intermediaries/ Recognized Stock Exchanges/ Depositories   Sir / Madam,    Sub: Eligibility criteria for qualified depository participant.   Vide SEBI circulars  Cir/IMD/DF/14/2011 and..


Clarification on regulation of interest rates for Small Savings Schemes

 Notification No#RBI/2011-12/359     20 January 2012

RBI/2011-12/359 DGBA.CDD. No.H- 4836 /15.02.001/2011-12 January 20, 2012   The Chairman and Managing Director/Managing Director  Head Office, Government Accounts Department  State Bank of India/State Bank of Patiala/  State Bank of Bikaner & Jaipur/State Bank of ..


Amends Notification No. 5/2006-Central Excise, dated the 1st March, 2006 - Seeks to provide concessional rate of Central Excise duty on specified goods of Chapter 50-83

 Notification No#Notification No. 2/2012-Central Excise     16 January 2012

 Amends Notification No. 5/2006-Central Excise, dated the 1st March, 2006 - Seeks to provide concessional rate of Central Excise duty on specified goods of Chapter 50-83 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY..

Posted in Excise

Amends Notification No. 23/2003-Central Excise, dated the 31st March, 2003 - Exempts certain goods produced or manufactured in EOU, EHTP or STP

 Notification No#Notification No. 3/2012-Central Excise     16 January 2012

 Amends Notification No. 23/2003-Central Excise, dated the 31st March, 2003 - Exempts certain goods produced or manufactured in EOU, EHTP or STP [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]   GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEP..

Posted in Excise  1 comments

Revised Treaty of Trade between India and Nepal

 Notification No#Circular No. 958/1/2012-CX     13 January 2012

 Circular No. 958/1/2012-CX   F.No.201/03/2010-CX.6 Ministry of Finance Department of Revenue Central Board of Excise and Customs                            ..

Posted in Excise

Investment by Qualified Foreign Investors (QFI) in Indian equity shares.

 Notification No#CIR/ IMD/FII&C/3/2012     13 January 2012

 CIR/ IMD/FII&C/3/2012 January 13, 2012   All SEBI registered Intermediaries/ Recognized Stock Exchanges/ Depositories   Sir / Madam,    Sub: Investment by Qualified Foreign Investors (QFI) in Indian equity shares.  ..


Date of submission of half-yearly return for the period April, 2011 to September 2011 extended from 6-1-2012 to 20-1-2012

 Notification No#ORDER NO 1 /2012 – Service Tax     09 January 2012

 F. No. 137/99/2011 – Service Tax Government of India  Ministry of Finance  Department of Revenue  Central Board of Excise and Customs, ********** New Delhi, the 9th January 2012     ORDER NO 1 /2012 – Service Tax   In exercise of the powers ..

Posted in Service Tax  2 comments

Union Budget – 2011-12 – Interest Subvention Scheme – 2 per cent interest subvention and 3 per cent additional subvention for short-term crop loans

 Notification No# RBI / 2011-12/ 344     09 January 2012

 RBI / 2011-12/ 344 RPCD.No.PLFS.BC.54/05.04.02/2011-12 January 9, 2012   The Chairman/Managing Director All Public Sector Banks   Dear Sir,   Union Budget – 2011-12 – Interest Subvention Scheme – 2 per cent interest subvention and 3 per cent additi..


Payment of Penal Interest for delayed credit/refunds of NEFT transactions

 Notification No#RBI/2011-12/342     05 January 2012

 Payment of Penal Interest for delayed credit/refunds of NEFT transactions RBI/2011-12/342 DPSS (CO) EPPD No.1204/04.03.01/2011-12    January 05, 2012   The Chairman and Managing Director / Chief Executive Officer  of member banks participating in  NEFT / Indian ..





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