RBI/2012-13/6 Master Circular No. 6/2012-13 July 2, 2012 To, All Authorised Persons in Foreign Exchange Madam / Sir, Master Circular on Miscellaneous Remittances from India Facilities for Residents Miscellaneous remittance facilities for residents are allowed in terms of section 5 of the Foreign Exchange Management Act, 1999, read with Government of India Notification No. G.S.R… Read More
RBI/2012-13/13 Master Circular No.13 /2012-13 July 02, 2012 To, All Category I Authorised Dealer Banks Madam / Sir, Master Circular on Import of Goods and Services Import of Goods and Services into India is being allowed in terms of Section 5 of the Foreign Exchange Management Act 1999 (42 of 1999), read with Notification No.… Read More
RBI/2012-13/22 DNBS (PD) CC No.280/03.02.001/2012-13 July 2, 2012 To The Chairman/CEOs of all Non-Banking Financial Companies (except Residuary Non-Banking Companies and Miscellaneous Non-Banking Companies) Dear Sir, Notification as amended upto June 30, 2012 Non-Banking Financial Companies Auditor™s Report (Reserve Bank) Directions, 2008. As you are aware, in order to have all current instructions on… Read More
RBI/2012-13/32 DNBS.PD.CC.No.282/03.10.042/20121-13 July 2, 2012 To, All NBFCs (Excluding RNBCs) Dear Sirs, Master Circular - Returns to be submitted by NBFCs In order to have all current instructions in one place, the Reserve Bank of India has issued master circulars to NBFCs on various subjects. It is advised that instructions on various returns to be submitted by… Read More
RBI/2012-13/100 IDMD.PCD. 05/14.01.03/2012-13 July 2, 2012 The Chairmen / Chief Executives of All Scheduled Banks (excluding RRBs and LABs), Primary Dealers (PDs) and All-India Term Lending and Refinancing Institutions Dear Sir/Madam, Master Circular - Guidelines for Issue of Certificates of Deposit With a view to further widening the range of money market instruments and giving… Read More
RBI/2012-13/99 IDMD.PCD. 04/14.01.02/2012-13 July 2, 2012 The Chairmen/Chief Executives of All Scheduled Banks, Primary Dealers and All-India Financial Institutions Dear Sir/Madam, Master Circular - Guidelines for Issue of Commercial Paper Commercial Paper (CP), an unsecured money market instrument issued in the form of a promissory note, was introduced in India in 1990 with a view… Read More
CIR/IMD/FIIC/8/2013 CIRCULAR June 12, 2013 To All Foreign Institutional Investors through their designated Custodians of Securities The Depositories (NSDL and CDSL) Sir / Madam, Sub: Enhancementin Foreign Investment limits in Government debt 1. The Government of India has enhanced the Government Debt Limits by USD 5 billion (equivalent to approximately INR 29,137 cr converted at… Read More
Circular No. 160/11/2012-ST, dated 29-6-2012 There has been some doubt regarding the applicability of provisions of the Finance Act, 2004 relating to education cess and the Finance Act, 2007 relating to secondary and higher education cess as the concerned Acts make reference to section 66 of the Finance Act, 1994, which shall cease to have… Read More
The salient features of the Bill: 1. Classification and Registration Concept of One Person Company (OPC limited) [Clause 2(62)]. Small companies have been defined (maximum paid-up share capital not exceeding Rs. 50 Lakhs) and have been subjected to a less stringent regulatory framework [Clause 2(85)]. Entrenchment Provision has been proposed in the Bill [clause 5(3)]. Conversion… Read More
Circular No. 15 /2012 Sub: Extension of time in Filing of annual return by Limited Liability Partnerships (LLPs) In continuation of this Ministry™s Circular no 13/2012 dated 06.06.2012 on the subject cited above, it is stated that the time for filing the Annual Return by LLPs (i.e. Form 11) has been extended up to 31st July,… Read More
52/17/CAB2011 Government of India Ministry of Corporate Affairs Cost Audit Branch ***** ˜B1™ Wing, 2nd Floor, Paryavaran Bhawan, CGO Complex, Lodhi Road, New Delhi 110 003 To, The President, Institute of Cost Accountants of India, 12, Sudder Street, Kolkata 700 016 Subject: Filing of Cost Audit Report (FormI) and Compliance Report (FormA) in the eXtensible Business Reporting Language (XBRL)… Read More
RBI/2011-12/628 DBOD. No. Ret.BC.113/12.01.001/2011-12 June 29, 2012 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42 of the RBI Act, 1934 Maintenance of CRR on Foreign Currency (Non-Resident) [FCNR (B)] Scheme Please refer to our circulars DBOD No. BC.39/12.01.001/95 dated April 05, 1995 and DBOD No. BC.50/12.01.001/2000-01 dated November 07, 2000 on the captioned… Read More
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 27th June, 2012 Notification No. 28/2012-Central Excise G.S.R. 509(E).-In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest… Read More