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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CBEC Circular on recovery of confirmed amounts if Stay application found pending.
CBEC's first circular in the new year 2013 has been to revoke 7 previous circulars, as stated in the circular here, on the matter of pendency of stay applications. This circular brings a significant shift in the timing of recovery of confirmed demands, in the event where the stay applications have not been disposed off… Read More
CBEC clarification on service tax for services by transportation of goods
Circular No.167/2 /2013 - ST F.No.B-1/2/2010 -TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Tax Research Unit 153, North Block, New Delhi, 1st January, 2013 To Chief Commissioners of Central Excise and Customs (All), Director General (Service Tax), Director General(Systems), Director General (Central Excise Intelligence), Director General… Read More
CBEC clarification with respect to Service Tax on Insurance Policy reminders
Circular No.166/1/2013 -ST F.No 354/190/2012- TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit ***** Room No 153, North Block, New Delhi Dated 1st January, 2013 To Chief Commissioner of Customs and Central Excise (All); Chief Commissioner of Central Excise & Service Tax (All); Director… Read More
Indian Institute of Corporate Affairs Signs MoU with National Law School of India University
A landmark Memorandum of Understanding(MoU) was inked between the IICA and the NLSIU here in New Delhi today. Prof. R Venkata Rao, Vice Chancellor, National Law School of India University; Dr Bhaskar Chatterjee, Director General & CEO, Indian Institute of Corporate Affairs; Shri Dhanendra Kumar, Principal Adviser, Indian Institute of Corporate Affairs, Shri Chandra Prakash,… Read More
RBI releases guidelines on White Label Automated Teller Machines (WLAs)
The Reserve Bank of India, today released on its website, the final guidelines on "White Label Automated Teller Machines(WLAs) in India". White Label ATMs are ATMs set up, owned and operated by non-bank entities incorporated in India under the Companies Act, 1956. Till now, only banks were permitted to set up Automated Teller Machines (ATMs)… Read More
RBI Guidelines for White Label ATMs (WLAs) in India – June 2012
RBI/2011-12/612 DPSS.CO.PD. No. 2298/02.10.002/2011-2012 June 20, 2012 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 ATM Network Operators / Card Payment Network Operators Prospective White Label ATM Operators. Dear Sir, White Label ATMs (WLAs) in… Read More
RBI Guidelines for White Label ATMs (WLAs) in India – August 2012
RBI/2012-13/183 DPSS.CO.PD. No.391/02.10.002/2012-13 August 31, 2012 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 ATM Network Operators /Card Payment Network Operators Prospective White Label ATM Operators. Dear Sir, White Label ATMs (WLAs) in India… Read More
RBI Guidelines for White Label ATMs (WLAs) in India – October 2012
RBI/2012-13/257 DPSS.CO.PD. No.670/02.10.002/2012-13 October 19, 2012 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 ATM Network Operators /Card Payment Network Operators Prospective White Label ATM Operators Dear Sir, White Label ATMs (WLAs) in India… Read More
White Label ATMs in India – Submission of Applications
RBI/2012-13/356 DPSS.CO.PD. No. 1067 /02.10.002/2012-13 December 31, 2012 The Chairmen and Managing Directors / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Authorised ATM Network Operators /Card Payment Network Operators Prospective White Label ATM Operators Madam/Dear Sir, White Label ATMs (WLAs)… Read More
RBI extends Time for Submitting Applications for White Label ATMs
The Reserve Bank of India has extended the date for submission of application for deployment of White Label ATMs up to January 15, 2013. The timeline, however, has been extended only for those entities that satisfy all the other criteria stipulated in the Reserve Bank guidelines dated June 20, 2012, but are waiting for capital… Read More
List of districts for roll-out of Direct Benefits Transfer
List of districts for roll-out of Direct Benefits Transfer Direct Benefits Transfer is being rolled out from 1.1.2013 in the following districts: S. No. District State/UT 1 Tumkur Karnataka 2 Mysore Karnataka 3 Dharwar Karnataka 4 Puducherry Puducherry 5 Chandigarh Chandigarh 6 SBS Nagar/Nawanshahar Punjab 7 North-East Delhi Delhi 8 North-West Delhi Delhi 9 Hoshangabad… Read More
Rollout of Direct Benefits Transfer to begin from 1 January 2013
A decision was taken in the meeting of the National Committee on Direct Cash Transfers held by the Prime Minister that Direct Benefit Transfers will be rolled out from 1 January 2013 in 43 identified districts. The purpose of Direct Benefits Transfer is to ensure that benefits go to individuals bank accounts electronically, cutting down… Read More
Change of dates for Auction of GoI Dated Securities
In view of the cash position of Government of India, it has been decided to revise the indicative calendar for marketable dated securities for January-March 2013. The auction of dated securities for Rs. 12,000 crore scheduled in the week ending January 4, 2013 has been shifted to the week ending February 22, 2013. Calendar for Issuance of Government… Read More
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