Corporate Law Reporter - The Daily Journal

Paragraph 3.8.3 of the Handbook of Procedures, Vol. 1 of FTP amended

(To be published in The Gazette of India Extraordinary Part-I-Section-1) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi. Public Notice No. 28/2009-2014 (RE- 2013) New Delhi, the 25th September, 2013 Subject: Amendment in Paragraph 3.8.3 of the Handbook of Procedures, Vol. 1 (for Incremental Exports Incentivisation Scheme). In… Read More

Income-tax (18th Amendment) Rules, 2013

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) Notification No. 76/2013 New Delhi, the day of 24th September, 2013 In exercise of the powers conferred by section 245Q read with section 295 of the Income-tax Act, 1961 (43 of 1961),… Read More

Chapter 3 of Foreign Trade Policy amended

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 Udyog Bhawan, New Delhi Notification No: 43 (RE-2013)/2009-2014 New Delhi, the 25th September, 2013 Subject: Amendment in Chapter 3 of Foreign Trade Policy S.O.(E) - In exercise of the… Read More

Incremental Export Incentivisation Scheme – Benefits amended

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 Udyog Bhawan, New Delhi Notification No: 44 (RE-2013)/2009-2014 New Delhi, the 25th September, 2013 Subject: Amendment in Chapter 3 of Foreign Trade Policy S.O.(E) - In exercise of the… Read More

Section 35(2) of DVAT Act related to penalties and objections amended

GOVERNMENT OF NCT OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN, NEW DELHI No.F.3(380)/Policy/VAT/2013/802-808 Dated: 19-09-2013 CIRCULAR No 16 of… Read More

DVAT circular w.r.t. expeditious disposal of refund cases

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES (POLICY BRANCH) VYAPAR BHAWAN, NEW DELHI 110 002 No.F.3(378)/VAT/Policy/2013/796-801 Dated: 17-09-2013 CIRCULAR… Read More

Pernicious practices of select banks deterring customer protection and accounting integrity

RBI/2013-14/292 DBS.CO.PPD No. 3578 /11.01.005/2013-14 September 17, 2013 The Chairman/Chief Executive All Scheduled Commercial Banks (Excluding RRBs) / Local Area Banks Madam/Dear Sir, Pernicious practices of select banks deterring customer protection and accounting integrity Please refer to our circular DBS.CO.PPD No. 17882/11.01.005/2012-13 dated June 19, 2013, wherein we had observed certain disquieting features in certain practices/products… Read More

Export Credit in Foreign Currency

RBI/2013-14/291 DBOD.Dir.BC.No. 57 /04.02.001/2013-14 September 25, 2013 All Scheduled Commercial Banks and Exim Bank (excluding RRBs) Dear Sir/ Madam, Export Credit in Foreign Currency Banks extend export credit in Indian Rupees as well as in foreign currency, such as Pre Shipment Credit in Foreign Currency (PCFC) and Post Shipment Credit in Foreign Currency (PSCFC), as… Read More

Seventh Central Pay Commission Recommendations likely to be implemented w.e.f.1st January, 2016

The Finance Minister Shri P.Chidambaram in a statement said here today that the Prime Minister has approved the constitution of the Seventh Central Pay Commission. The fourth, fifth and sixth Central Pay Commissions™ recommendations were implemented as follows: 4th CPC: 1.1.1986 5th CPC : 1.1.1996 6th CPC : 1.1.2006 The average time taken by a Pay Commission to submit its… Read More

TRAI Releases Recommendations on full Mobile Number Portability

Telecom Regulatory Authority of India (TRAI) here today released recommendations on ˜Full Mobile Number Portability (Pan-India Number Portability)™ in the country. In accordance with the provisions contained in the National Telecom Policy-2012 regarding One Nation- Full Mobile Number Portability, TRAI received a reference from the DoT vide its letter dated 27th Dec 2012, seeking the… Read More

Operationalization of Infrastructure Debt Funds – Removal of certain impediments

The Cabinet Committee on Economic Affairs has approved the following steps to promote the operationalization of Infrastructure Debt Funds (IDFs): (a) Capping of the annual Guarantee Fee payable to the Concession Authority at 0.05% p.a. of outstanding debt financed by the IDF NBFC (Non Banking Financial Companies) for the first three years of operation of… Read More

The Parliament (Prevention of Disqualification) Amendment Bill, 2013 Receives Presidential Assent

The Parliament (Prevention of Disqualification) Amendment Bill, 2013 Receives the Assent of the President Published in the Gazette of India as Act No. 28 of 2013 The Parliament (Prevention of Disqualification) Amendment Bill, 2013 has received the assent of the President of India. It has now been published in the Gazette of India, Extraordinary, Part-II,… Read More

The Representation of people (Amendment) Bill, 2013 receives the Presidential Assent

The Representation of people (Amendment) Bill, 2013 Receives the Assent of the President Published in the Gazette of India as Act No. 29 of 2013 The Representation of People (Amendment) Bill, 2013 has received the assent of the President of India. It has now been published in the Gazette of India, Extraordinary, Part-II, Section-1, dated… Read More