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RBI/2011/12/293 A.P. (DIR Series) Circular No.54 To All Category - I Authorised Dealer Banks Madam / Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 53 dated December 2, 2011,… Read More
Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Notification No 87 (RE 2010)/2009-2014 New Delhi, Dated: 5th December, 2011 Subject:- Exemption of Bhutan from the application of export bans by India on export of Milk Powder, Wheat, Edible Oils, Pulses and Non Basmati Rice. S.O. (E) In exercise of powers conferred… Read More
It has been reported in some sections of the press that the Central Board of Direct Taxes (CBDT) has shared details of 18 individuals found to have stashed illegal funds abroad in LGT bank accounts. In this connection, it is clarified that the CBDT has not shared any information received under the DTAA with Germany… Read More
RBI/2011-12/291 DGBA.CDD. No. H- 3572/15.02.001/2011-12 The Chairman and Managing Director/Managing Director Government Accounts Department/Head Office State Bank of India/State Bank of Patiala/ State Bank of Bikaner & Jaipur/State Bank of Travancore/ State Bank of Hyderabad/State Bank of Mysore/ Andhra Bank/ Allahabad Bank/Bank of Baroda/Bank of India/ Bank of Maharashtra/Canara Bank/Central Bank of India/ Corporation Bank/Dena… Read More
December 02, 2011 India™s external debt stock stood at US$ 316.9 billion at end-June 2011. The increase in external debt to US$ 316.9 billion at end-June 2011 from US$ 306.5 billion at end-March 2011 was largely on account of rise in commercial borrowings and short-term trade credits. Out of the total external debt of US$… Read More
In pursuance of the recommendations of the Committee on Public Procurement headed by Shri Vinod Dhall and the decisions thereon of the Group of Ministers constituted to consider measures to tackle corruption and ensure transparency, the Department of Expenditure, Ministry of Finance has on 30th November 2011, issued instructions for setting up a Central Public… Read More
The Institute of Cost and Works Accountants of India (ICWAI) has signed a memorandum of understanding with the Chartered Institute for Securities and Investment (CISI), UK on awarding the membership of CISI to ICWAI members and concessional fee for ICWAI students. The MOU was signed by M. Gopalakrishnan, President, and by Simon Culhane, Chief Executive,… Read More
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 23/2011- Central Excise (N.T.) New Delhi, dated 1st December , 2011 10 Agrhayan, 1933 (SAKA) G.S.R (E). Whereas the Central Government is satisfied that according to a practice that was generally prevalent regarding levy of duty of excise (including non-levy thereof) under section 3 of the Central Excise… Read More
Circular No. 53/2011-Cus F.No. 528/130/2011-STO (TU) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Tariff Unit) ****************** 229A, North Block, New Delhi To All Chief Commissioners of Customs/ Customs (Prev.)/ C&CE, All Directors General of CBEC, All Commissioners of Customs / Customs (Prev.) / C&CE All Commissioners of… Read More
Government of India Ministry of Finance (Department of Revenue) ***** Notification No.86/2011 - Customs (N.T.) G.S.R.855(E) - In exercise of the powers conferred by sub-section (6) of section 9A and subsection (2) of section 9B of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following rules further to amend… Read More
RBI/2011-12 /289 A.P. (DIR Series) Circular No.53 To All Category - I Authorised Dealer Banks Madam / Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 39 dated November 01,… Read More
RBI/ 2011-12/288 UBD. BPD. (PCB) No. 15 /12.05.001/2011-12 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/ Madam Payment of Cheques / Drafts / Pay Orders / Banker's Cheques In India, it has been the usual practice among bankers to make payment of only such cheques and drafts as are presented for payment… Read More
RBI/2011-12/290 DNBS.CC.PD.No. 250/03.10.01/2011-12 To All NBFCs(excluding RNBCs) Dear Sir, Introduction of New Category of NBFCs - ˜Non Banking Financial Company-Micro Finance Institutions™ (NBFC-MFIs) - Directions As indicated in the Second Quarter Review of Monetary Policy in November 2010, a Sub-Committee of the Central Board of the Reserve Bank (Chairman: Shri Y. H. Malegam) was constituted to… Read More
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