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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.
Companies Bill
The Union Cabinet on Thursday approved the long-awaited Companies Bill that will completely recast the key provisions of the decades-old Companies Act 1956. It will bring in a new corporate responsibility framework, a rigorous regime and greater role for independent directors, more responsibility on independent directors and introduces new concepts like one person company, class… Read More
India and Nepal to Sign Revised Double Taxation Avoidance Agreement; Finance Minister to Leave for a Day™s Visit to Nepal Tomorrow
Double Taxation Avoidance Agreement (DTAA) between India and Nepal will be signed tomorrow by the Finance Ministers of both the countries in Kathmandu. This Agreement (DTAA) would replace an earlier Agreement between two countries which was signed way back in 1987. The Union Finance Minister Shri Pranab Mukherjee will be visiting Nepal on a day™s… Read More
RBI Advices Banks to set up a Special Sub-Committee of DLCC to draw Moniterable Action Plans for Improving CDR
Reserve Bank of India has advised Banks to set up a Special Sub-Committee (SSC) of District Level Consultative Committee (DLCC) for those districts having CDR less than 40 per cent to draw up Monitorable Action Plans (MAPs), monitor such action plan on a regular basis and initiate necessary action for improving CDR. Accordingly, CDR is… Read More
Comprehensive Competition Reforms at Centre State and Sub-State Levels will be Defining Moment in India: Moily
The time has come for all the stakeholders in the growth of Indian economy to come forward and launch a national movement to build a culture of competition so as to promote innovation, entrepreneurship and inclusive growth and to be part in ushering second generation of reforms. This was stated by the Minister for Corporate… Read More
Deregulation of Savings Bank Deposit Interest Rate
RBI/2011-12/281 UBD.BPD.(PCB)CIR No.13/13.01.000/2011-12 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate Please refer to our circular No.UBD.BPD.(PCB)CIR No.45/13.01.00/2010-11 dated May 3, 2011 enclosing a Directive UBD.BPD.DIR. No.3/13.01.00/2010-11 dated May 3, 2011 on interest rates on deposits. 2. As indicated in the Second Quarter Review of Monetary Policy announced on… Read More
Amendment to Senior Citizens Savings Rule, 2004 (SCSS, 2004) To allow verification of Affidavits by Notary Public along with Oath Commissioner in SCSS, 2004.
RBI/2011-12/282 DGBA.CDD. No. H- 3341/15.15.001/2011-12 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
Regarding import of Opal Glassware from people™s Republic of China and UAE.
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No103/2011-Customs G.S.R. (E). - Whereas in the matter of imports of Opal Glassware (hereinafter referred to as the subject goods), falling under heading 7013 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred as the said Customs Tariff Act), originating… Read More
Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR (B) Deposits
RBI/2011-12/277 RPCD.CO.RRB.BC.No. 36/03.05.33 (C) /2011-12 The Chairmen All Regional Rural Banks Dear Sir, Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR (B) Deposits 1. Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to paragraph 1 of our circular RPCD.CO.RRB.BC.No. 63/03.05.33(C) /2008-09 dated November 17, 2008 on Interest Rates on Deposits held in Non-Resident (External)… Read More
Deregulation of Savings Bank Deposit Interest Rate – Guidelines
RBI/2011-12/272 RPCD.CO.RRB.BC.No.33/ 03.05.33/2011-12 All Regional Rural Banks Dear Sir, Deregulation of Savings Bank Deposit Interest Rate - Guidelines Please refer to our circular RPCD.CO.RRB.BC.No.68/03.05.33/2010-11 dated May 3, 2011. 2. As indicated in the Second Quarter Review of Monetary Policy announced on October 25, 2011, it has been decided to deregulate the savings bank deposit interest rate with… Read More
External Commercial Borrowings (ECB) Policy Parking of ECB proceeds
RBI/2011-12/274 A.P. (DIR Series) Circular No. 52 To All Authorised Dealer Category I Banks Dear Madam / Sir, External Commercial Borrowings (ECB) Policy Parking of ECB proceeds Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 26 dated October 22, 2008 relating to the External Commercial Borrowings (ECB). 2. At… Read More
Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) Deposits
RBI/2011-12/275 DBOD.Dir.BC. 59/13.03.00/2011-12 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) Deposits 1. Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to paragraph 1 of our circular DBOD.No.Dir.BC.82/13.03.00/2008-09 dated November 15, 2008 on Interest Rates on Deposits held in Non-Resident (External) Rupee (NRE) Accounts. In… Read More
Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques
RBI/2011-12/270 RPCD.CO RCB. AML.BC.No.32/07.40.00/2011-12 The Chairmen / CEOs of All State and Central Co-operative Banks Dear Sir, 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 within a period of six months from the date… Read More
Foreign Investments in Infrastructure Debt Funds
RBI/2011-12/271 A.P. (DIR Series) Circular No. 49 To, All Category I Authorised Dealer banks Madam / Sir, Foreign Investments in Infrastructure Debt Funds Attention of Authorised Dealers Category I (AD Category - I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India)… Read More
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