Notification & Circulars


NOTIFICATION GSR 737(E)[NO. FEMA 170/2007-RB], DATED 13-11-2007

 

Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Third Amendment) Regulations, 2007 - Amendments in Schedule 1 NOTIFICATION GSR 737(E)[NO. FEMA 170/2007-RB], DATED 13-11-2007 In exercise of the powers conferred by clause (b) of sub-section (3) of se..

Posted in Others

Section 1 of the Government Securities Act, 2006 - Commencement of Act

 

Section 1 of the Government Securities Act, 2006 - Commencement of Act - Notified date NOTIFICATION NO. S.O. 2020(E), DATED 30-11-2007 In exercise of the powers conferred by sub-section (4) of section 1 of the Government Securities Act, 2006 (38 of 2006), the Central Government hereby appoints t..

Posted in Others

Section 4A of the companies Act, 1956 NOTIFICATION NO. S.O. 2007(E), DATED 29-11-2007

 

Section 4A of the companies Act, 1956 - Public Financial Institution - Specified Institution NOTIFICATION NO. S.O. 2007(E), DATED 29-11-2007 In exercise of the powers conferred by sub-section (2) of section 4A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the follow..

Posted in Corporate Law

Bank Term Deposit (Amendment) Scheme, 2007 - Amendment in Paragraph 11

 

Bank Term Deposit (Amendment) Scheme, 2007 - Amendment in Paragraph 11  NOTIFICATION NO. S.O. 2127(E), DATED 13-12-2007 In exercise of the powers conferred by clause (xxi) of sub-section (2) of section 80C of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the f..

Posted in Exams  1 comments

Post Office (Monthly Income Accounts) (Second Amendment) Rules, 2007

 

Post Office (Monthly Income Accounts) (Second Amendment) Rules, 2007 NOTIFICATION NO. G.S.R. 763(E), DATED 8-12-2007 In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend t..

Posted in Others

PAYMENT OF BONUS (AMENDMENT) ACT, 2007

 

PAYMENT OF BONUS (AMENDMENT) ACT, 2007* [No. 45 OF 2007]  An Act further to amend the Payment of Bonus Act, 1965. Be it enacted by Parliament in the Fifty-eighth Year of the Republic of India as follows:— Short title and commencement 1. (1) This Act may be called the Payment of Bonus (Am..

Posted in Others

Foreign Direct Investments (FDI) – Issue of shares under FDI and refund of advance remittances

 

Foreign Direct Investments (FDI) – Issue of shares under FDI and refund of advance remittances A. P. (DIR SERIES) CIRCULAR NO. 20, DATED 14-12-2007   Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Secu..

Posted in Others

NOTIFICATION NO. 289/2007

 

NOTIFICATION NO. 289/2007 DATED 13-12-2007   In exercise of the powers conferred by clause (xxi) of sub-section (2) of section 80C of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following Scheme, further to amend the Bank Term Deposit Scheme, 2006, n..

Posted in Income Tax

FBT regarding Sweat Equity Shares

 

FBT arising on allotment or transfer of specified securities or sweat equity shares In terms of the provisions of Chapter XII-H of the Income-tax Act (hereinafter referred to as Act), an employer, being a company, is liable to pay Fringe Benefit Tax (FBT) in respect of the fringe ben..

Posted in Income Tax

Remuneration to Bank Auditors

 

  RBI/2007-2008/217 Ref.DBS.ARS.BC. No. 07/ 08.92.001/ 2007-08 December 20, 2007 The Chairman & Managing Director, all Nationalised Banks and The Managing Director, Associate Banks of SBI Dear Sir/Madam, Remuneration payable to the Statutory Central and Branch Auditors of Public Sec..

Posted in Audit



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