ICSI has established the Company Secretaries Benevolent Fund (CSBF) in the year 1976 which seeks to create big security umbrella to derive comfort and Security Benevolent Fund - We Care The Fund provides assistance for education/medical or for any other similar purpose in deserving cases to the ¢ Members of the ICSI ¢ Spouse and… Read More
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Notification No. 110 (RE-2010)/2009-2014 New Delhi, the 2nd April, 2012 Subject: Validity of extension for export of 6,50,000 tons of wheat products upto 31.03.2013. S.O. (E) In exercise of the powers conferred by Section 5 of… Read More
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 17/2012-Customs (AD) G.S.R. (E). -Whereas, the designated authority vide notification No. 15/1/2009-DGAD dated the 3rd August, 2011 , published in Part I, Section 1 of the Gazette of India, Extraordinary, dated the 3rd August, 2011, had initiated Sunset Review, in terms of sub-section (5) of section 9A… Read More
CIRCULAR SEBI/Cir/ISD/ 1 /2012 March 30, 2012 To, All the Recognized Stock Exchanges, Dear Sir/Madam, Sub: Exemptions from 100% promoter(s) holding in demat form 1. This is further to SEBI circulars SEBI/Cir/ISD/3/2011 dated June 17, 2011 and SEBI/Cir/ISD/05/2011 dated September 30, 2011 regarding 100% promoter(s) holding in demat form. 2. While reviewing compliance, it is noticed that promoters… Read More
CIRCULAR CIR/MRD/DP/ 09 /2012 March 30, 2012 To All Stock Exchanges Sir / Ma™am, Sub: Broad Guidelines on Algorithmic Trading 1. It has been observed that adoption of technology for the purpose of trading in financial instruments has been on a rise over the past few years. Stock brokers as well as their clients are now making… Read More
RBI/2011-12/102 A. P. (DIR Series) Circular No.102 To All Authorised Persons in Foreign Exchange Madam/ Sir, Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India Attention of all Authorised Persons, who are authorised to issue foreign currency pre-paid cards to resident Indians visiting outside India, is… Read More
RBI/2011-12/481 A. P. (DIR Series) Circular No.101 To All Category-I Authorised Dealer Banks Madam / Sir, Overseas Direct Investments Liberalisation / Rationalisation Attention of the Authorised Dealer (AD - Category I) banks are invited to the Notification No. FEMA 10/2000-RB dated May 3, 2000 [Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations,… Read More
The Institute of Chartered Accountants of India to organise an interactive Workshop on Union Budget 2012-13 and Economic Survey 2011-12 with overall view of Economy at present on 3rd April, 2012 at 9.30 AM in Tagore Chamber, Scope Complex, Lodi Road, New Delhi. CA. Jaydeep Narendra Shah will be the Chief Guest and the Guest… Read More
Union Finance Minister, Shri Pranab Mukherjee and the World Bank Group President, Robert B. Zoellick held talks here today, with both sides stressing the value of the Bank Group™s continued engagement with India. The talks came on the final day of Mr.Zoellick™s visit to India his last as President of the World Bank Group. Finance… Read More
A mission Mode Project for computerization of Commercial Taxes Departments of States and UTs (MMPCT) was initiated under the National e-Governance Plan. Accordingly, the Cabinet, in February, 2010 approved this project for an overall value of Rs. 1133.41 crore out of which Rs. 800 crore is the Central assistance. An amount of Rs. 433.44 crore… Read More
Reserve Bank of India (RBI) has decided to permit non-bank entities to setup, own and operate ATMs. The draft guidelines on deployment of White Label ATMs were placed on RBI website for public comments till March 6, 2012. The reasons for permitting non-bank entities to set up ATMs are the following: (i) ATM penetration on… Read More
ICSI and Indian Merchants' Chamber is jontly organising a full day seminar on 'Investment Outlook 2012' on Friday, April 13, 2012 at Convention Hall, Bombay Stock Exchange, Mumbai. The Seminar will discuss policy makers' vision relating to development of markets in five major asset classes: Debt, Equity, Commodities, Real Estate and Currencies spread over 5… Read More
Circular No.154/5/ 2012 ST FNo 334/1/2012- TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit Room No 146, North Block, New Delhi Dated: 28th March 2012 To Chief Commissioner of Customs and Central Excise (All) Chief Commissioner of Central Excise & Service Tax (All) Director General of… Read More