eMinds Legal Advocates & Solicitors
eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.
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Acknowledgement by RRBs at the time of submission of Form 15-G / 15-H
RBI/2012-13/542 RPCD.CO.RRB.BC.No. 78/03.05.33/2012-13 June 24, 2013 All Regional Rural Banks Dear Sir/Madam, Acknowledgement by RRBs at the time of submission of Form 15-G / 15-H As you are aware RRBs are not required to deduct TDS from depositors who submit declaration in Form 15-G/15-H under Income Tax Rules, 1962. However, it has been brought to… Read More
RRBs – Lending against Gold
RBI/2012-13/541 RPCD. RRB. BC. No. 79/03.05.33/2012-13 June 25, 2013 All Regional Rural Banks Dear Sir/Madam Lending against Gold Please refer to paragraph 98 of the Monetary Policy Statement 2013-14 announced on May 3, 2013 on lending against gold, proposing to restrict the facility of advances against the security of gold coins per customer to gold coins weighing… Read More
Indian Railways Revised Refund Rules to come into effect from 1st July 2013
Ministry of Railways has revised and amended Refund Rules in a very comprehensive manner and notified them which shall come into force with effect from 1.7.2013. The amendments made in the Refund Rules are aimed at simplification, efficiency in processing and reduction of bogus refund claims. Railway Passengers (Cancellation of ticket and Refund of fare) Rules,… Read More
Implementation of Wakf Act, 1995
Shri K Rahman Khan Reviews Implementation of Wakf Act, 1995; Calls for Timely Completion of Important Provisions ; Evolve Comprehensive System for Efficient Management of Wakfs-Says K Rahman Khan Shri K Rahman Khan, the Union Minister for Minority Affairs and Chairman, Central Wakf Council (CWC) has called for evolving a highly transparent and comprehensive system for efficient… Read More
Clarification of Definition of MSE Owned by SC/ST Entrepreneurs
The Government introduced Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012 which is notified under MSMED Act 2006. The Public Procurement Policy mandates every Central Ministries/Departments/CPSUs to set an annual goal for procurement from the MSE sector from the 1st April 2012 with objective of achieving an overall procurement of minimum 20% of… Read More
India-US Higher Education Dialogue 2013
The HRD Minister Dr. M.M. Pallam Raju has said that India and US have great potential to expand Co-operation in Education Sector. Addressing India-US Dialogue in New Delhi today, Dr. M.M. Pallam Raju gave road map for the collaboration. It includes promoting institution to institution ties; deepening co-operation in R&D; encouraging faculty exchanges; and development… Read More
CBEC Extends 24×7 Customs Clearance Facility for Export Cargo from 1ST July, 2013
Beginning 1st July, 2013, Customs clearance of all export goods will take place on 24x7 basis from four major Air Cargo Complexes/airports i.e., Bangalore, Chennai, Delhi and Mumbai. Thus, all exports including those made under export incentives scheme as well as duty drawback scheme will now be able to be move out of the country… Read More
Extension of time for receiving comments on consultation paper on Monopoly / Market dominance in Cable TV services
The Telecom Regulatory Authority of India (TRAI) released consultation paper on Monopoly / Market dominance in Cable TV serviceson 03rd June 2013, inviting written comments from the stakeholders by 24th June, 2013 and counter comments by 1stJuly, 2013. On request of the stakeholders, the last date for receipt of written comments and counter comments has been… Read More
RBI Notification on External Commercial Borrowings (ECB) for the low cost affordable housing projects
RBI/2012-13/539 A.P. (DIR Series) Circular No. 113 June 24, 2013 To All Authorised Dealer Category I Banks Madam / Sir External Commercial Borrowings (ECB) for the low cost affordable housing projects Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 61 dated December 17, 2012 on… Read More
RBI Notification on Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions
RBI/2012-13/540 DPSS (CO) PD No.2377/02.14.003/2012-13 June 24, 2013 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/ Authorised Card Payment Networks Madam / Dear Sir, Security and Risk Mitigation Measures for Card Present and Electronic Payment… Read More
Change in Tariff Value of Rbd Palmolein, Brass Scrap (All Grades), Poppy Seeds, Gold and Silver Notified
In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs (CBEC), being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in… Read More
Customs amendment notification – addition of items
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 33/2013-Customs Dated: June 19, 2013 G.S.R. (E)- In exercise of the powers conferred by sub-section (1) of section 25 of theCustoms Act, 1962 (52 of 1962), the Central Government, being satisfied that… Read More
Anand Sharma Invites Investment from Northern Ireland
The Union Minister of Commerce and Industry Shri Anand Sharma, while delivering the opening session of the Global India Business Meet at Belfast yesterday said that he remains optimistic that the emerging idea of India will infuse similar confidence to other countries to partner with India. I also invite investors and businesses to invest in India… Read More
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