The Electronics and Information Technology Goods Order, 2012 to come into effect from July 03
The Electronics and Information Technology Goods (Requirements for Compulsory Registration) Order, 2012 will come into effect from 3rd July 2013. This order mandates compliance to Indian Safety Standards for 15 notified categories of electronic goods.These electronic goods are Video Games, Laptop/ Notebook/ Tablets, Plasma/LCD/LED TVs, Optical Disc Players, Microwave Ovens, Visual Display Units, Printers/ Plotters, Scanners, Wireless… Read More
Digital Addressable Cable TV Systems – Submission of consumer application forms extended to 10th July 2013
TRAI extends the time-line for submission of consumer application forms, by the subscribers of Digital Addressable Cable TV Systems, to 10th July 2013The Telecom Regulatory Authority of India (TRAI) has decided to extend the time-line for submission of consumer application forms (CAFs), complete in all respects, by the subscribers of Digital Addressable Cable TV Systems, to… Read More
SEBI Board Meeting
The SEBI Board met in Mumbai today and took the following main decisions: 1. Amendments to SEBI (Buy Back of Securities) Regulations, 1998 governing buy-back through open market purchase As part of SEBI's constant endeavour to align regulatory requirements with the changing market realities as well as to enhance efficiency of the buy-back process, the… Read More
SEBI Order in the matter of market manipulation using GDR issues
SEBI had passed an ad interim ex-parte order dated September 21, 2011, in the matter of market manipulation using GDR issues against several entities including Shri Arun Panchariya(hereinafter referred to as AP) and Pan Asia Advisors Limited (now known as Global Finance and Capital Limited). SEBI subsequently completed its investigation regarding the role of Pan… Read More
Government of India Strongly Raises Issue of Cash Bonds for UK Visa
Stresses need for Pragmatism in Harvesting Agreements in India-EU BTIA Shri Anand Sharma, Union Minister for Commerce and Industry visited UK on 23-25 June to review bilateral trade and investment and taking part in investment promotion events. He met Dr. Vince Cable, Secretary of State for Business, Innovation and Skills, Mr. Oliver Letwin, Minister for Government… Read More
External Commercial Borrowings (ECB) in Renminbi (RMB)
RBI/2012-13/546 A.P. (DIR Series) Circular No. 117 June 25, 2013 To, All Authorized Dealer Category - I Banks Madam / Sir External Commercial Borrowings (ECB) in Renminbi (RMB) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 30 dated September 27, 2011 on the captioned subject in terms of which… Read More
External Commercial Borrowings (ECB) for Civil Aviation Sector
RBI/2012-13/545 A.P. (DIR Series) Circular No. 116 June 25, 2013 To, All Authorized Dealer Category - I Banks Madam / Sir External Commercial Borrowings (ECB) for Civil Aviation Sector Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the A.P. (DIR Series) Circular No. 113 dated April 24, 2012 on the captioned subject. 2. In… Read More
Buyback / prepayment of Foreign Currency Convertible Bonds (FCCBs)
RBI/2012-13/544 A.P. (DIR Series) Circular No. 115 June 25, 2013 To, All Authorized Dealer Category - I Banks Madam / Sir Buyback / prepayment of Foreign Currency Convertible Bonds (FCCBs) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 39 dated December 08, 2008, A.P. (DIR Series) Circular No. 75… Read More
External Commercial Borrowings (ECB) Policy for 3G spectrum allocation
RBI/2012-13/543 A.P. (DIR Series) Circular No. 114 June 25, 2013 To, All Authorized Dealer Category - I Banks Madam / Sir External Commercial Borrowings (ECB) Policy for 3G spectrum allocation Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 28 dated January 25, 2010 relating to External Commercial Borrowings (ECB)… Read More
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
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