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TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3, SUB SECTION (II) GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE NOTIFICATION NO. 27 (RE-2013)/2009-2014 NEW DELHI, THE 5th JULY, 2013 Subject: Amendment in the Import Policy of Electrical Energy under Exim Code 2716 00 00. S.O. (E): In exercise of… Read More
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 Notification No. FEMA. 278/2013-RB Dated : June 07, 2013 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Ninth Amendment) Regulations, 2013 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange… Read More
CIRCULAR CIR/MRD/ICC/20/2013 05.07.2013 The Managing Director/Executive Director, All Stock Exchanges. Dear Madam/Sir, Subject: Arbitration Mechanism in Stock Exchanges 1. Reference may be made to circular no. CIR/MRD/DSA/24/2010 dated August 11,2010. Para 8 of the said circular no. CIR/MRD/DSA/24/2010 dated August 11,2010 is being modified. The para 8 of aforementioned circular dated August 11, 2010 shall… Read More
CIRCULAR CIR/MRD/ICC/21/2013 05.07.2013 The Managing Director/Executive Director, All Stock Exchanges with nation-wide terminals Dear Madam/Sir, Subject: Arbitration Mechanism in Stock Exchanges 1. Reference may be made to circulars no. CIR/MRD/DSA/24/2010 dated August 31,2010, CIR/MRD/SA/03/2012 dated January 20, 2012 and CIR/MIRSD/2/2012 dated February 15, 2012 regarding investor service centres providing inter alia arbitration facility (arbitration as well as appellate arbitration).… Read More
RBI/2013-14/61 DBOD. No.FSD.BC.05/24.01.001/ 2013-14 July 1, 2013 Ashadha 10, 1935 (Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Master Circular - Para-banking Activities Please refer to the Master Circular No. DBOD.FSD.BC.24/24.01.001/2012-13 dated July 2, 2012 consolidating the instructions/guidelines issued to banks till June 30, 2012 on para-banking activities. The Master Circular has been suitably updated by incorporating… Read More
RBI/2013-14/108 MPD. No.366/07.01.279/2013-14 July 1, 2013 Aashadha 10, 1935(S) The Chairmen/Chief Executives of all Scheduled Banks (excluding RRBs) Dear Sir/Madam Master Circular on Export Credit Refinance Facility Please refer to Master Circular No.MPD No.356 /07.01.279/2012-13 dated July 2, 2012 on the export credit refinance facility. This revised Master Circular consolidates and updates all instructions/guidelines issued on the… Read More
New Gas Pricing Guidelines: A READY RECKNOR ; Guidelines Expected to trigger Investment; add Production and reduce imports The Government recently approved new Gas Pricing Policy Guidelines which generated a large scale interest among various stake holders. To provide further clarify on the subject and to explain the rational behind this decision, following points would serve… Read More
Infrastructure Debt Funds (IDFS) to Play a key role in the Financing of the Overall Requirements of Infrastructure Funding , says Arvind Mayaram, Secretary, DEA; CRISIL AAA Credit Rating to India Infradebt Limited An IDF-NBFC Shri Arvind Mayaram, Secretary, Department of Economic Affairs, Ministry of Finance said that Infrastructure Debt Funds (IDFs) are going to… Read More
Revenue Secretary Assures Trade and Industry Associations that their Concerns with Regard to Service Tax Voluntary Compliance Encouragement Scheme 2013 will be Duly Addressed The Revenue Secretary, Shri Sumit Bose said that the concerns of the industry relating to Service Tax Voluntary Compliance Encouragement Scheme (VCES) 2013 will be duly addressed and the necessary clarification(s)… Read More
Following are the some frequently asked questions and their answers on the Food Security Ordinance :- As per the Ordinance, only 67% of the population will be covered under TPDS. Why the coverage cannot be universalized? The entitlement proposed in the Bill are based on recent trends in production and procurement of foodgrains. The average… Read More
The National Food Security Ordinance is a historic initiative for ensuring food and nutritional security to the people. It gives right to the people to receive adequate quantity of foodgrains at affordable prices. The Food Security Bill has special focus on the needs of poorest of the poor, women and children. In case of non-supply of foodgrains now people will get… Read More
Shri Kapil Sibal Inaugurates Annual Conference of CCAs The annual conference of the Controllers of Communication Accounts (CCAs) of the Department of Telecom was inaugurated by the Minister for Communications and Information Technology Sh Kapil Sibal here today. The inauguration was also attended by the Secretary and Members of the Telecom Commission. In his inaugural… Read More
The Union Minister of Commerce & Industry Shri Anand Sharma co-chaired the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) Economic and Business Conference in Port Louis, Mauritius. Following is the Press Communiqué released after the Conference: 1. We, the Ministers of Trade, Commerce and Industry of Member States and Dialogue Partners of the Indian… Read More
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