Reduction of Time-line for Transfer of Equity Shares and Prescription of Time-line for Transfer of Debt Securities

 CIRCULAR  CIR/MIRSD/8 /2012 July 05 , 2012  To  All Recognized Stock Exchanges  All SEBI registered Registrars to an Issue and Share Transfer Agents  Sub: Reduction of Time-line for Transfer of Equity Shares and Prescription of Time-line for Transfer of Debt Securities.  1. The listing agreement for equity shares prescribed under the Securities Contracts (Regulation) Act,… Read More

Amendment in para (4) of Circular No. 38/2010-Customs dated 27/09/2010

Circular No. 18/2012-Cus. F. No. 605/12/2012-DBK Government of India; Ministry of Finance; Department of Revenue Dated the 5th July, 2012 All Chief Commissioners of Customs; All Chief Commissioners of Customs & Central Excise/ Central Excise; All Director Generals under CBEC, All Commissioners of Customs, Customs (Preventive); All Commissioners of Customs & Central Excise/ Central Excise… Read More

CBEC determines the rate of exchange of conversion of the foreign currency for import- export goods

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]  GOVERNMENT OF INDIA; MINISTRY OF FINANCE; DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS  Notification No.56/2012 - Customs (N.T.)  Dated the 5th July, 2012 S.O.  (E). In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52… Read More

Buyback / Prepayment of Foreign Currency Convertible Bonds

RBI/2012-13/114 A. P. (DIR Series) Circular No. 1; July 5, 2012 All Category-I Authorised Dealer Banks Buyback / Prepayment of Foreign Currency Convertible Bonds (FCCBs) Attention of Authorised Dealer Category I (AD Category I) banks is invited to the A.P. (DIR Series) Circular No. 39 dated December 08, 2008 and A.P. (DIR Series) Circular No.75 dated… Read More

RBI- Declaration of dividend by UCBs

RBI/2012-13/113 UBD.BPD. (PCB). Cir.No. 4/12.05.001/2012-13 July 5, 2012 The Chief Executive Officer, All Primary (Urban) Co-operative Banks Declaration of dividend by UCBs Please refer to our circular UBD.CO.BPD (PCB) Cir. No. 70 /12.05.001/2008-09 dated June 15, 2009 on the captioned subject advising the criteria for declaration of dividend by UCBs. 2. It has now been… Read More

CBEC-Seeks to levy definitive anti-dumping duty on import of Soda ash, originating in or exported from People™s Republic of China, European Union, Kenya, Iran, Pakistan, Ukraine and United States of America,

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 34 /2012-Customs (ADD) New Delhi, dated the 3rd July, 2012             G.S.R.    (E). Whereas, in the matter of import of Soda Ash (hereinafter referred to as the subject goods), falling under sub-heading 283620 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter… Read More

Merchant Discount Rates (MDR) structure for debit card transactions

RBI/2012-13/110 DPSS.CO.PD.No. 27/02.14.003 /2012-13 July 04, 2012 The Chairman and Managing Director / Chief Executive Officer 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, Merchant Discount Rates (MDR) structure for debit card transactions Please refer… Read More

CBDT make rules amending the Income-Tax Rules,1962

 Government of India;  Ministry of Finance; Department of Revenue [Central Board of Direct Taxes] Notification;  Dated, the 2nd day of July, 2012  Income-tax S.O.1453(E).-    In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes  the  following rules  further  to  amend  the … Read More

DGFT- Removal of Minimum Export Price (MEP) of Basmati rice

(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 Notification No.  6 (RE-2012) /2009-2014 Dated 4th July, 2012 Subject: Removal of Minimum Export Price (MEP) of Basmati rice.  S.O.(E)  In exercise of the powers conferred by Section 5 read… Read More

DGFT- Conditions for export of Carpets, Handicraft items and Silk items

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 Notification No. 5 (RE-2012)/2009-2014 Dated  2nd July, 2012  Subject:  Conditions for export of Carpets, Handicraft items and Silk items  S.O.(E)    In exercise of the powers conferred by Section… Read More

DGFT- Prohibition on import of milk and milk products from China

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 Notification No.04 (RE 2012)/2009-2014 Dated: 02.07.2012  Subject: - Prohibition on import of milk and milk products from China.  S.O. (E) In exercise of powers conferred by Section 5, read along… Read More

CCI imposes penalty on Multi Service Operators

The Competition Commission of India has found Fast Way Group abusing its dominance in the cable TV service in the territory of Punjab and Chandigarh in violation of the provisions of the Competition Act, 2002. The order was passed pursuant to investigation carried out by the Director General upon information filed by M/s Kansan News… Read More

Committee of Secretaries to be set up to consider the suggestions for the Indian Pharma Industry to grow

Shri Anand Sharma, Union Minister of Commerce, Industry and Textile chaired the first meeting of Consultative Group on pharmaceutical exports here today. The meeting was attended by top CEOs of Pharma companies, viz., Ranbaxy, Wockhardt, Panacea Biotech, Vimta Labs, Suven Life Sciences, GVK Bio Resources Limited, etc. The meeting was also attended by Commerce Secretary;… Read More

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