CLR Snippets | MoU signed between DGFT and Government of Delhi to use e-BRC
A Memorandum of understanding (MoU) was signed between Directorate General of Foreign Trade (DGFT) and Commissioner (Trade and Taxes), Government of NCT of Delhi here today for the use of electronic Bank Realization Certificate (e-BRC). On behalf of the Government of Delhi, Mr. Prashant Goyal, Commissioner (Trade & Taxes) and on behalf of DGFT, Mr.… Read More
CLR Snippets | MOU Signed Between Competition Commission of India and Australian Competition and Consumer Commission
Competition Commission of India (CCI) and Australian Competition and Consumer Commission (ACCC) signed a Memorandum of Understanding (MOU) on Cooperation at Canberra, Australia. The MOU was signed by Mr. Ashok Chawla, Chairperson, CCI and Mr. Rod Sims, Chairman, ACCC on 3rd June,2013. The signing took place in the presence of Mr. Sachin Pilot, Hon™ble State… Read More
RBI™s Technical Committee suggests Merger of Issue and Banking Departments Balance Sheet
The Reserve Bank of India placed on its website today, the report of the Technical Committee (Chairman: Shri Y. H. Malegam) set up to review the form of presentation of the Reserve Bank™s Balance Sheet and Profit & Loss Account. Some of the important recommendations made by the Technical Committee are: a) Form of Balance Sheet Merger of… Read More
RBI Gov – “The Global Financial Crisis and the Indian Financial Sector “
The Global Financial Crisis and the Indian Financial Sector What Have We Learnt and How Have We Responded? (Address by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at the 7th International Banking & Finance Conference 2013 organized by the Indian Merchants™ Chamber at Mumbai on June 5, 2013) Thank you very much for inviting… Read More
RBI Press Release – RBI™s Fraud Monitoring Cell to function from Bengaluru from July 1
The Reserve Bank of India™s Fraud Monitoring Cell attached to Department of Banking Supervision, Central Office has shifted from the present location at 2nd Floor, World Trade Centre-1, Cuffe Parade, Mumbai - 400005 to Bengaluru Regional Office of the Reserve Bank. The Central Fraud monitoring Cell will continue to be part of Department of Banking… Read More
Simplification of Procedure for deposit of tax and furnishing of information relating to TDS
[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. 39/2013 New Delhi, the 31st May, 2013 S.O.1404(E) - In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of… Read More
Import of Gold by Nominated Banks /Agencies
RBI/2012-13/520 A.P. (DIR Series) Circular No.107 June 4, 2013 To All Scheduled Commercial Banks which are Authorised Dealers (ADs) in Foreign Exchange/ All agencies nominated for import of gold Madam/Sir Import of Gold by Nominated Banks /Agencies Attention of Authorised Persons is drawn to our A.P. (DIR Series) Circular No. 103 dated May 13, 2013 on the… Read More
Amendments in Appendix 5 of the Handbook of Procedures (Vol.I)
(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 PUBLIC NOTICE No. 15(RE 2013)/2009-2014 NEW DELHI DATED 03 June 2013 In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade… Read More
102th Session of International Labour Conference Begins in Geneva Tomorrow
International Labour Conference™s (ILO) 102th Session to Begin in Geneva Tomorrow Mallikarjuna Kharge Leads Indian Delegation Isssues of Employment And Social Protection in the New Demographic Context, Sustainable Development, Decent Work and Green Jobs to be Discussed. The fortnight long 102nd Session of International Labour Conference of International Labour Organisation (ILO) is beginning tomorrow in… Read More
India and Singapore Extend by Five Years Agreement for Use of Army Training and Exercise Facilities in India
India and Singapore last night signed a fresh agreement to extend the use of training and exercise facilities in India by the Singapore Army for a further period of five years from August this year. The agreement was signed by the Indian Defence Secretary Mr Radha Krishna Mathur and the Singaporean Permanent Secretary of Defence Mr… Read More
MoCIT seeks Support from CMs and other ministers on Investment in ESDM projects
Kapil Sibal Meets with Chief Ministers and Ministers to Seek Support for Promotion of Investment in Electronics System Design and Manufacturing (ESDM) in States Proposals for Investment Worth Rs.4500 Crore Received for Manufacturing Facilities. Shri Kapil Sibal, Hon™ble Minister for Communications and Information Technology and Law & Justice held a meeting with Chief Ministers and Ministers… Read More
RBI Clarification on Interest Rates on Rupee Export Credit
RBI/2012-13/519 UBD.BPD. (AD) Cir.No.4/13.05.000/2012-13 June 4 , 2013 The Chief Executive Officer Scheduled Primary (Urban) Co-operative Banks (holding AD Category I licence) Dear Sir/Madam Interest Rates on Rupee Export Credit -UCBs Please refer to our circular UBD.BPD.(AD).Cir.No.2/13.05.000/2012-13 dated January 22, 2013 on the captioned subject, extending the interest subvention of 2% up to March 31, 2014 on… Read More
TRAI releases draft amendments to the Interconnection Regulations
TRAI releases draft amendments to the Interconnection Regulations applicable for Digital Addressable Cable Television Systems (DAS) and Tariff Order applicable for all addressable systems TRAI has today released the draft Telecommunication (Broadcasting and Cable Services) Interconnection (Digital Addressable Cable Television Systems) (Second Amendment) Regulations, 2013 and the draft Telecommunication (Broadcasting and Cable) Services (Fourth) (Addressable Systems) Tariff (Second Amendment)… Read More
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