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eMinds Legal Consulting Pvt. Ltd. is a Consulting Firm in India specialzing in Corporate Laws, Compliances, Secretarial, FEMA, Indirect Taxation, Cyber Laws & Contracts. The Firm comprises of a team of professionals of Company Secretaries, Lawyers and Chartered Accountants with an in-depth subject matter knowledge and participative industry experience of over 15 years.
RBI-Exchange Earner’s Foreign Currency (EEFC) Account
RBI/2011-12/547 A. P. (DIR Series) Circular No. 124 May 10, 2012 To AD Category I Authorised Dealer Banks Madam/ Sir, Exchange Earner's Foreign Currency (EEFC) Account Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No.15 dated November 30, 2006 in terms of which all foreign exchange… Read More
DGFT-Amendment in paragraph 6.9 of Foreign Trade Policy
Government of India Ministry of Commerce and Industry Department of Commerce Udyog Bhawan Notification No.115 (RE-2010) /2009-2014 New Delhi, the 7th May, 2012 Subject: Amendment in paragraph 6.9 of FTP. S.O (E) : In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, as amended, … Read More
Export Policy of Onions
Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Notification No 116 (RE 2010)/2009-2014 New Delhi, Dated : 8 May, 2012 Subject:- Export Policy of Onions. S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with Para 2.1 of… Read More
Clarification on Rate of Tax
Circular No. 158/9/ 2012 ST F.No 354/69/2012- TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit Room No 146, North Block, New Delhi Dated : 8th May 2012 To Chief Commissioner of Customs and Central Excise (All) Chief Commissioner of Central Excise & Service Tax (All) Director General… Read More
CBEC-Enforcement of Intellectual Property Rights on imported goods – Clarification on the issue of parallel imports
Circular No. 13/2012-Customs F. No. 528/21039/08-Cus/ICD Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs *** To All Chief Commissioners of Customs/ Customs (P), All Chief Commissioners of Customs & Central Excise, All Director Generals/Chief Departmental Representatives (CESTAT), All Commissioners of Customs / Customs (P), and All Commissioners of… Read More
RBI-Interest Rates on FCNR (B) Deposits
RBI/2011-12/543 RPCD.CO RRB.No. 76 /03.05.33 (C) /2011-12 May 8, 2012 The Chairmen All Regional Rural Banks Dear Sir, Interest Rates on FCNR (B) Deposits Please refer to paragraph 2 of our circular RPCD.CO.RRB.BC.No. 36/03.05.33 (C) /2011-12 dated November 24, 2011 on Interest Rates on deposits held in FCNR (B) Accounts. In view of the prevailing market conditions,… Read More
Foreign Direct Investment (FDI) in India – Issue of equity shares under the FDI scheme allowed under the Government route
RBI/2011-12/541 A. P. (DIR Series) Circular No.120 May 08, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, Foreign Direct Investment (FDI) in India - Issue of equity shares under the FDI scheme allowed under the Government route Attention of Authorised Dealers Category I (AD Category - I) banks is invited to the A.P. (DIR… Read More
Foreign investment in Commodity Exchanges and NBFC Sector – Amendment to the FDI Scheme
RBI/2011-12/542 A. P. (DIR Series) Circular No.121 May 08, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, Foreign investment in Commodity Exchanges and NBFC Sector - Amendment to the Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealers Category I (AD Category - I) banks is invited to Schedule 1 to the Foreign… Read More
External Commercial Borrowings (ECB) Policy – Utilization of ECB proceeds for Rupee expenditure
RBI/2011-12/539 A. P. (DIR Series) Circular No.119 May 7, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy - Utilization of ECB proceeds for Rupee expenditure Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 5 dated August 1, 2005 and A.P. (DIR Series) Circular… Read More
Release of Foreign Exchange for Miscellaneous Remittances
RBI/2011-12/537 A. P. (DIR Series) Circular No.118 May 07, 2012 To All Authorised Dealers in Foreign Exchange Madam/ Sir, Release of Foreign Exchange for Miscellaneous Remittances Attention of Authorised Dealers in foreign exchange is drawn to A.P.(DIR Series) Circular No. 16 dated September 12, 2002, in terms of which the Authorised Dealers were advised to release… Read More
Transfer of Funds from Non-Resident Ordinary (NRO) account to Non- Resident External (NRE) Account
RBI/2011-12/536 A. P. (DIR Series) Circular No.117 To All Authorised Dealer banks and Authorised banks Madam/Sir, Transfer of Funds from Non-Resident Ordinary (NRO) account to Non- Resident External (NRE) Account The Committee to Review the Facilities for Individuals Under FEMA, 1999 (Chairperson : Smt. K.J.Udeshi) has recommended that the NRIs/PIOs may be permitted, subject to… Read More
Company Law Substitution of Forms 23C and 23D
Notification No. G.S.R. 313(E), dated 24-4-2012 In exercise of the powers conferred by sub-section (l) of section 642, read with section 610B of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules further to amend the Companies (Central Government™s) General Rules and Forms, 1956, namely: - 1. (1) These rules may be called the Companies (Central Government™s) General Rules… Read More
CBEC-Seeks to levy anti-dumping duty on imports of Viscose Filament Yarn, originating in, or exported from, China PR for a further period of five years
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 23 /2012-Customs (ADD) New Delhi, the 4th May, 2012 G.S.R. (E). -Whereas, the designated authority vide notification No. 15/23/2010-DGAD, dated the 25th February,2011, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 25th February,2011, had initiated review in terms of sub-section (5) of section… Read More
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