Notification & Circulars

NOTIFICATION NO. 93/2008, DATED 30-9-2008

REVERSE MORTGAGE SCHEME, 2008 NOTIFICATION NO. 93/2008, DATED 30-9-2008 In exercise of the powers conferred by clause (xvi) of section 47 of the Income-tax Act, 1961 (43 of 1961), the Centre! Government hereby makes the following scheme, namely: - 1. Short title, commencement aud a..

Posted in Income Tax

CIRCULAR NO. SEBI/DNPD/CIR-40/2008, DATED 6-10-08

ELIGIBILITY CRITERIA FOR INTRODUCTION OF DERIVATIVES ON SHARES CIRCULAR NO. SEBI/DNPD/CIR-40/2008, DATED 6-10-08 This has reference to the eligibility criteria prescribed in the Circular No. SMDRP/DC/CIR-13/02 dated December 18, 2002 and Circular No. SEBI/DNPD/Cir-26/2004/07/16 dated July 1..

Posted in Investments & Personal Finance

CIRCULAR NO.22, DATED 14-10-2008

EXIM BANK'S LINE OF CREDIT OF USD 20 MILLION TO MYANMA FOREIGN TRADE BANK , MYANMAR A.P. (DIR SERIES) CIRCULAR NO.22, DATED 14-10-2008 Export-Import Bank of India (Exim Bank) has concluded an Agreement dated June 24 ,2008 with the Myanma Foreign Trade Bank ,Myanmar making available to the latter..

Posted in Community & General

Amendments to SEBI (Disclosure and Investor Protection)

SEBI/CFD/DIL/DIP/33/2008/08/12 December 8, 2008 To All Registered Merchant Bankers / Stock Exchanges Dear Sirs, Sub.: Amendments to SEBI (Disclosure and Investor Protection) Guidelines, 2000 1. In exercise of the powers conferred under sub]section (1) of Section 11 of the Securities and Ex..

Posted in Investments & Personal Finance

SEBI/IMD/CIR No. 11/142521/08 dated 24 october 2008

SEBI/IMD/CIR No. 11/142521/08 October 24, 2008 All Mutual Funds Registered with SEBI Association of Mutual Funds in India (AMFI) Sir/ Madam, Re.: Applicability of Net Asset Value (NAV) for Income/Debt oriented Mutual Fund scheme(s)/plan(s) (other than liquid fund schemes). 1. Please refer t..

Posted in Investments & Personal Finance

DTAA With Japan

October 8, 2008 [F.No.506/69/81-FTD] Notification No.96/2008 Section 90 of Income-tax Act, 1961 - Double Taxation Agreement - Agreement for Avoidance of Double Taxation and Prevention of Fiscal Evasion with Foreign Countries - With Government of Japan Whereas the Convention between the Governmen..

Posted in Income Tax | 2 comments

NOTIFICATION NO.98/2008 [F.NO. 142/12/2008-TPL], Dt 22-10-08

n exercise of the powers conferred by section 295 read with sub-section (11C) of section 80-IB of the Income-fax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:— 1. (1) These rules shall..

Posted in Income Tax

MID-TERM REVIEW OF ANNUAL POLICY FOR THE YEAR 2008-09

Dr. D. Subbarao, Governor, presented the Mid-term Review of Annual Policy for the Year 2008-09 today in a meeting with Chief Executives of major commercial banks. The Mid-term Review consists of two parts: Part A. Mid-term Review of the Annual Statement on Monetary Policy for the Year 2008-09; and P..

Posted in Corporate Law

CIRCULAR NO. MRD/DSA/SE/DEP/CUST/CIR-30/08, DATED 23-10-2008

1. Please refer to the SEBI Circular no. MRD/DSA/SE/Dep/Cust/Cir-23/06 dated December 22, 2006 on the captioned subject, whereby the policy decision of the Government of India regarding foreign investments in infrastructure companies in securities markets, viz. stock exchanges, depositories and cle..

Posted in Community & General

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