Notification & Circulars

CBDT Press Release on deferment of notification 31 of 2009

30 June 2009

No.402/92/2006-MC (14 of 2009) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi dated 30 th June 2009 PRESS RELEASE The Central Board of Direct Taxes have further decided that the Notification No. 31 of 2009 dated 25.3.2009 ..

Posted in Income Tax

External Commercial Borrowings (ECB) Policy

30 June 2009

External Commercial Borrowings (ECB) Policy RBI/2008-09/517 A.P. (DIR Series) Circular No.71 June 30, 2009 To All Category - I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy Attention of Authorized Dealer Category - I (AD Category - I) banks is invite..

Posted in Others

CBDT ON REMITTANCE TO NON-RESIDENTS UNDER SECTION 195

29 June 2009

CBDT ON REMITTANCE TO NON-RESIDENTS UNDER SECTION 195 CIRCULAR NO. 04/2009, DATED 29-6-2009 Section 195 of the Income-tax Act, 1961 mandates deduction of income tax from payments made or credit given to non-residents at the rates in force. The Reserve Bank of India has also m..

Posted in Income Tax | 1 comments

Stamp duty doubled in Maharashtra from July 01, 2009

29 June 2009

As per the amendment in Maharashtra Tax Laws (Levy, Amendment & Validation) Act 2009 stamp duty in Maharashtra on hypothecation and equitable mortgage (under Article 6) for an amount exceeding Rs.5 lacs has been doubled from 0.10% at present to 0.20% w.e.f. July 01, 2009 without any maxi..

Posted in Income Tax

Section 1 of the Food Safety and Standard Authority Act, 200

29 June 2009

Section 1 of the Food Safety and Standard Authority Act, 2006 - Commencement of Act - Notified date Notification No. S.O. 1575(E) Dated, 29-6-2009 In exercise of the powers conferred by sub-section (3) of section 1 of the Food Safety and Standard Authority Act, 2006 (34 of 2006), the Central Gove..

Posted in Corporate Law

Last date for registration extended to June 2, 2009

26 June 2009

Normal 0 MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-pa..

Posted in Students

Frauds in borrowal accounts having multiple banking arrangem

24 June 2009

Frauds in borrowal accounts having multiple banking arrangements RBI/2008-09/508 DBS CO.FrMC BC No 8 /23.04.001/2008-09 June 24, 2009 The Chairman / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Frauds in borrowal accounts having multipl..

Posted in Others

RRBs - Valuation of Properties - Empanelment of Valuers

22 June 2009

RRBs - Valuation of Properties - Empanelment of Valuers RBI/2008-09/506 RPCD.CO.RRB.BC.No.115/03.05.33/2008-09 June 22, 2009 All Regional Rural Banks Dear Sir, Valuation of properties - Empanelment of Valuers It has been observed that different banks follow different policies fo..

Posted in Others

Request under SEBI(Informal Guidance) Scheme 2003

19 June 2009

Request under Securities and Exchange Board of India (Informal Guidance) Scheme, 2003 Circular No. CFD/DIL/MISC/IG/PB/RA/167017/2009 Dated 19-6-2009 1.0 Please refer to your letter dated April 08, 2009 seeking interpretive letter under the SEBI (Informal Guidance) Scheme 2003. 2.0 In your le..

Posted in Shares & Stock

DTAA between India and Union of Myanmar

18 June 2009

Agreement between the Government of the Republic of India and the Government of the Union of Myanmar for the Avoidance of Double Taxation NOTIFICATION NO 49/2009 Dated: June 18, 2009 Whereas the annexed Agreement between the Government of the Republic of India and the Governme..

Posted in Income Tax | 1 comments