(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY (PART-I-SECTION-1) GOVERNMENT OF INDIA; MINISTRY OF COMMERCE & INDUSTRY; DEPARTMENT OF COMMERCE PUBLIC NOTICE NO: 103 /2009-2014 (RE 2010) DATED: 22nd March, 2012 Subject: Amendment in SION A-1778 In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14 and Paragraph 1.1 of the Handbook… Read More
To be published in the Gazette of India Extraordinary (Part-I, Section-1) Government of India; Ministry of Commerce and Industry Department of Commerce; Directorate General of Foreign Trade Public Notice No.104 (RE-2010)/2009-2014 Dated, the 23rd March 2012 In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2009-14, the Director General of Foreign Trade hereby… Read More
No. 17/46/2012-CL-V; Government of India; Ministry of Corporate Affairs Dated: 21'' March, 2012 Office Memorandum Sub:- Constitution of a Committee to formulate a Policy Document on Corporate Governance In continuation of this office O.M. of even number dated 7.03.2012 the undersigned is directed to say that Shri Sudhir Mittal, Additional Secretary in this Ministry shall… Read More
The Labour Bureau in the Ministry of Labour & Employment has submitted its Thirteenth Survey Report after monitoring the effect of global financial crisis and economic slowdown in India since September 2008. This survey is in the series of Quarterly Quick Employment Surveys in Affected Sectors and covers the last quarter of year 2011 (… Read More
The Union Cabinet gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2012 representing an increase of 7% over the existing rate of 58% of the Basic Pay/Pension, to compensate for price rise. The increase is in accordance with the accepted… Read More
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that it is mandatory, under the Companies Act, 1956 for all companies to submit Annual Returns, Balance Sheet etc to the Government. Replying to a written question the Minister said in addition to penal action, the companies, their directors/company secretaries who have defaulted in filing… Read More
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that The term ˜Vanishing Companies™ is applied both to the Companies which cease to file their statements of return or where, after raising capital, the whereabouts of their Registered Office or their Directors are not known. A… Read More
[TO BE PUBLISHED IN PART-II, SECTION-3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 23/2012 - Customs (N. T.) New Delhi, 21st of March, 2012 S.O. (E). In exercise of the powers conferred by sub-section (2) of section 14 of the… Read More
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 Udyog Bhawan Notification No. 108 (RE-2010)/2009-14 New Delhi, Dated 22nd March, 2012 Subject:- Exemption of Assam Comilla Cotton [ITC(HS) Code 5201 00 12] from export restriction on cotton during… Read More
To be published in the Gazette of India Extraordinary Part II, Section 3, Sub-Section (II) Government of India; Ministry of Commerce and Industry Notification No. 107 (RE-2010) /2009-2014; Dated the 21st March, 2012 Subject: Addition of new paragraph 8.7 in FTP making supplies to non mega power project ineligible for Deemed Export benefits. S.O (E) : In exercise… Read More
RBI/2011-12/465 A. P. (DIR Series) Circular No.95 To All Category-I Authorised Dealer Banks and Authorised banks Madam / Sir, Foreign Exchange Management (Deposit) Regulations, 2000 - Credit to Non Resident (External) Rupee Accounts Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to Regulation 5(6) of Foreign Exchange Management (Borrowing or Lending… Read More
RBI/2011-12/466 DNBS(PD).CC. No 264/03.10.42/2011-12 March 21, 2012 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002- Assessment and Monitoring of Risk Please refer to our Master Circular DNBC(PD)CC No 231/03.10.42/2011… Read More
RBI/2011-12/467 DNBS.CC.PD.No.265/03.10.01/2011-12 To All NBFCs Dear Sir, Lending Against Security of Single Product Gold Jewellery It is observed that NBFCs that are predominantly engaged in lending against the collateral of gold jewellery have recorded significant growth in recent years both in terms of size of their balance sheet and physical presence. This in turn, has… Read More