Guidelines issued under Section 36(1)(a) of the Banking Regulation Act, 1949 – Implementation of the provisions of Foreign Contribution (Regulation) Act, 2010

RBI/2011-12/388 DBOD.AML.BC.No.80/ 14.08.001/ 2011-1 The Chairmen/Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Guidelines issued under Section 36(1)(a) of the Banking Regulation Act, 1949 - Implementation of the provisions of Foreign Contribution (Regulation) Act, 2010 The Reserve Bank, considering the public interest and on being satisfied that it is necessary so… Read More

Customs- further amendment of SION of Food Products (Product Code: ˜E™)

  (To be published in the Gazette of India Extraordinary Part-1 Section-1) GOI; Ministry of Commerce & Industry; Department of Commerce; Directorate General of Foreign Trade  PUBLIC NOTICE No.  94 (RE-2010)/2009-14; Dated 1st Feburary, 2012  Subject:- Amendment of  Standard Input Output Norms (SION)  of Food Products (Product Code: ˜E™) in the Handbook of Procedures V.2 (2009-14)  In exercise… Read More

Customs- Amendment of SION of Food Products (Product Code: ˜E™) in the Handbook of Procedures V.2 (2009-14)

 (To be published in the Gazette of India Extraordinary Part-1  Section-1)  GOI; Ministry of Commerce & Industry; Department of Commerce; Directorate General of Foreign Trade PUBLIC NOTICE No.  93   (RE-2010)/2009-14; Dated   Ist Feburary,2012  Subject:- Amendment of  Standard Input Output Norms (SION)  of Food Products (Product Code: ˜E™) in the Handbook of Procedures V.2 (2009-14).  In exercise… Read More

Fixation of Standard Input Output Norms of Food Products

(To be published in the Gazette of India Extraordinary Part-I, Section-I) GOI; Ministry of Commerce and Industry;  Department of Commerce; Directorate General of Foreign Trade  Public notice no. 92 (Re-2010)/2009-201; Dated  1st February, 2012  Subject:  Fixation of Standard Input Output Norms (SION) of Food Products (Product  Code: ˜E™)   in the Handbook of Procedures V.2 (2009-14)  In… Read More

Results of the Chartered Accountants Professional Competence & Integrated Professional Competence Examinations to be declared tentatively by 9th Feb

The results of the Chartered Accountants Professional Competence and Integrated Professional Competence Examinations held in November, 2011 are likely to be declared tentatively on Thursday, the 9th  February, 2012 around 4.00 P.M. and the same as well as the merit list (candidates securing a minimum of 55% and above marks and upto the maximum of 50th… Read More

DGFT- Fixation of Standard Input-Output Norms for the export product

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY  PART-I SECTION-1); GOI; MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE; DIRECTORATE GENERAL OF FOREIGN TRADE  PUBLIC NOTICE NO. 95 /(RE-2010)/2009-2014; DATED:  02/02/2012  Subject:-  Fixation of Standard Input-Output Norms (SION) for the export product Articles made of Thermo Plastic Elastomer (TPE).  In exercise of the powers conferred… Read More

Grant of Loans and Advances and Award of Contracts to Directors of Banks and their Relatives

RBI/2011-12/385 DBOD.No.BP.BC.79/21.01.001/2011-12 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Grant of Loans and Advances and Award of Contracts to  Directors of Banks and their Relatives Please refer to instructions contained in our circulars DBOD.No.GC.BC.34/C.408C(59)S-84 dated April 12, 1984 read with DBOD.No.BC.110/21.01.001/94 dated October 10, 1994… Read More

Housing Loans by Commercial Banks Loan to Value (LTV) Ratio

RBI/2011-12/383 DBOD.No.BP.BC. 78 /08.12.001/2011-12 The Chairmen and Managing Directors / Chief Executive Officers of All Commercial Banks (Excluding Regional Rural Banks) Dear Sir/ Madam Housing Loans by Commercial Banks Loan to Value (LTV) Ratio Please refer to our circular DBOD.No.BP.BC.69/08.12.001/2010-11 dated December 23, 2010 on Housing loans by commercial banks LTV ratio, risk weight and provisioning wherein… Read More

Customs- Classification of Fused Silica under Customs Tariff Act, 1975

Circular No.03 / 2012 - Customs  F. No. 524/129/2011-STO (TU); GOI; Ministry of Finance; Department of Revenue, Central Board of Excise & Customs  1st February, 2012  To All Chief Commissioners / Commissioner of Customs / Customs (Prev.), All Chief Commissioners / Commissioner of Customs & Central Excise, All Commissioners of Customs (Appeals), All Commissioners of Customs… Read More

RBI, 2nd Quarter Review of Monetary Policy 2011-12 – Unhedged Foreign Currency Exposure of Corporates

RBI/2011-12/382 DBOD.BP.BC.No.76 /21.04.103/2011-12 February 2, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Second Quarter Review of Monetary Policy 2011-12 Unhedged Foreign Currency Exposure of Corporates Please refer to paragraphs 102 and 103 of the Second Quarter Review of Monetary Policy 2011-12 (extract enclosed) on ˜Monitoring of Unhedged Foreign Currency Exposure of Corporates by… Read More

RBI- Implementation of Section 51-A of UAPA, 1967

RBI/2011-12/381  RPCD.CO.RCB.AML.No.7695/07.02.12/2011-12 February 1, 2012 The Chairmen / CEOs of all State and Central Co-operative Banks and Regional Rural Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of UNSCR 1267 (1999) and 1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RCB.AML.No.6764/07.02.12/2011-12 dated January 06, 2012 and RPCD.CO.RRB.AML.No.6723/03.05.28(A)/2011-12 dated January… Read More

ICSI- Proposed new syllabus for Executive & Professional programme

The revision of syllabus is a process in continnum, to nurture the students in terms of capacity building, knowledge grinding and skills development. The evolving corporate environment and regulatory regime including expansion of globalization and the advancement in technology necessitated the revision of syllabus to make it contemporary. It was in this backdrop that the… Read More

Fin Min directs the modern customs administration to function on the principles of transparency, predictability, strong legal processes to enhance the competitiveness of Indian business

The Union Finance Minister Shri Pranab Mukherjee said that the modern customs administration should function on the principles of transparency, predictability, strong legal processes and productive use of information technology to serve the stake holders efficiently and to enhance the competitiveness of Indian business. The Finance Minister, Shri Mukherjee was addressing the retired and serving… Read More

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