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Shantanu eMinds Legal Consulting Pvt Ltd

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.


Articles by Shantanu

Overseas forex trading through electronic / internet trading portals

RBI/2011-12/262 A.P. (DIR Series) Circular No. 46 To, All Authorised Dealer Category I Banks Madam/ Sir, Overseas forex trading through electronic / internet trading portals Attention of the Authorised Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 53 dated April 07, 2011 wherein AD Category I banks were… Read More

Repayment of Term/Fixed Deposits in banks

RBI/2011-12/261 UBD.BPD.(PCB)CIR No. 11/13.01.000/2011-12 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir, Repayment of Term/Fixed Deposits in banks It has come to our notice that some banks insist on the signatures of both the depositors to allow repayment of money in fixed/term deposits, though the deposit account is opened with operating instructions… Read More

NEFT – Access Criteria for Regional Rural Banks (RRBs)

RBI/2011-12/263 DPSS (CO) EPPD No. /838/04.03.01/2011-12 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks / Regional Rural Banks Madam / Dear Sir, NEFT - Access Criteria for Regional Rural Banks (RRBs) Please refer to our circular DPSS.CO.OD. 494 / 04.04.009 / 2011-12 dated September 21, 2011 laying down the access criteria for… Read More

Set-off of export receivables against import payables- Liberalization of Procedure

RBI/2011-12/264 A.P. (DIR Series) Circular No. 47 To All Category I Authorized Dealer Banks Madam/Sir, Set-off of export receivables against import payables- Liberalization of Procedure Attention of Authorized Dealer Category I (AD Category I) banks is invited to the fact that the requests received from the exporters through their AD branches for set-off of export… Read More

Master Circular on Cost Accounting Records and Cost Audit

To, The President, Institute of Cost cqd Works Accountants of India, 12, Sudder Streei Kolkata - 700 01 6'. Subject: Master Circular on Cost Accounting Records and Cost Audit Sir, Ministry has from time-to-time issued number of circulars with regard to various matters concerning cost accounting records and cost audit in the corporate sector. All thesecirculars have been reviewed, in suppression of the earlier circulars as mentioned in Appendix,… Read More

Union Finance Minister Shri Pranab Mukherjee™s Address on the Conclusion of 150 Years Celebrations of the C&AG of India

Following is the text of the speech of Union Finance Minister Shri Pranab Mukherjee™s address delivered, here today on the occasion of conclusion of 150years Celebrations of the C&AG of India: I am happy to be here today as the Indian Audit & Accounts Department concludes its year-long celebrations to commemorate 150 years of valuable service by the institution of Comptroller and Auditor… Read More

Amends the existing baggage Rules by extending the benefit to passengers coming from Bhutan and Nepal also.

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 77 /2011-Customs (N.T.)   In exercise of the powers conferred by section 79 of the Customs Act, 1962 (52 of 1962), the Central Government makes the following rules further to amend the Baggage Rules,1998, namely :- 1.   (1) These rules may be called the Baggage (Amendment) Rules,… Read More

FDI Reporting of Issue / Transfer of ˜Participating Interest/Right™ in Oil Fields to a Non-Resident as an FDI Transaction

RBI/2011-12/259 A.P. (DIR Series) Circular No. 45 To, All Category I Authorised Dealer banks Madam / Sir, Foreign Direct Investment Reporting of issue / transfer of  ˜participating interest/right™ in oil fields to a non resident as an Foreign Direct Investment transaction Attention of Authorized Dealers Category I (AD Category-I) banks is invited to Regulations 9… Read More

Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques

RBI/2011-12/260 RPCD.CO RRB. AML.BC.NO. 31 /03.05.33(E)/2011-12 The Chairmen All Regional Rural Banks (RRBs) 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 of the… Read More

Tariff values of edible oils, brass scrap (all grades) and poppy seeds notified

        Central Board of Excise and Customs (CBEC), Department of Revenue has issued a Notification No.78/2011-Customs (N.T.) dated November 15, 2011 and thereby notifying tariff values of edible oils, brass scrap (all grades) and Poppy seeds as shown in the table below. T A B L E  S.No. Chapter heading/ sub-heading/tariff item Description… Read More

Amends Notification No. 36/2001-Customs(N.T) dated the 3rd August 2001-CBDT

Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 78/2011-CUSTOMS (N. T.) 24 Karthika, 1933 (SAKA) S. O______ (E) In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and… Read More

Amends Notification No. 78/2007-Customs, dated the 29th June, 2007 thereby extending the levy of anti-dumping duty on the imports of CD-Rs, originating in or exported from China PR, Hong Kong, Singapore and Chinese Taipei, for a further period of one year

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 100/ 2011-Customs G.S.R. 810(E). -Whereas, the designated authority vide notification No. 15/4/2011-DGAD, dated the 4th October, 2011, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 4th October, 2011, had initiated review in terms of sub-section (5) of section 9A of the Customs… Read More

Trade Credits for Imports into India Review of all-in-cost ceiling

RBI/2011 -12/257 A. P. (DIR Series) Circular No. 44 To, All Category - I Authorised Dealer Banks Madam / Sir, Trade Credits for Imports into India Review of all-in-cost ceiling Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A. P. (DIR Series) Circular No. 27 dated October 27, 2008 relating to the all-in-cost ceiling… Read More

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