CIRCULAR MRD/DSA/12/2011, DATED 24-10-2011 1. Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006 hereinafter referred as 'MIMPS Regulations' were notified on November 13, 2006 and came into force from the date of publication. 2. Regulation 11 of MIMPS Regulations inter alia prescribes certain obligations on the recognised stock exchanges pertaining to… Read More
The Union Finance Minister Shri Pranab Mukherjee has said that the monetary policy announcement by Reserve Bank of India (RBI) would help in getting us back to a more comfortable inflation situation soon while leaving scope for growth to pick up in the second half of current fiscal year. The Finance Minister Shri Mukherjee was… Read More
The Union Cabinet today approved the final recommendations of the Wage Boards along with certain corrections and rectifications carried out under Section 12(1) of the Working Journalists and other Newspaper Employees (conditions of Service) & Miscellaneous Provisions Act, 1955. The Government had earlier constituted two Wage Boards in May 2007. The Chairman of the Wage… Read More
The Cabinet approved the revised proposal of the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry to put in place a National Manufacturing Policy. The Cabinet in its meeting held on 15" September 2011 considered the National Manufacturing Policy and directed that the policy may be considered by a Group of Ministers… Read More
The Union Home Minister Shri. P.Chidambaram released Crime In India-2010 a publication of national importance brought out by National Crime Records Bureau in New Delhi today. Shri N.K. Tripathi, Director General, NCRB, Smt. B. Bhamathi, Additional Secretary, MHA and Shri.P.R.K.Naidu, Joint Director, NCRB, were present during this occasion. NCRB publishes Crime in India from the… Read More
Introduction From a macroeconomic perspective, the last quarter witnessed significant developments, both globally and domestically. Growth momentum in the US and the euro area economies has weakened. In the euro area, macroeconomic prospects are intimately tied in to its ability to credibly resolve its sovereign debt and financial sector problems. In turn, trade and financial… Read More
Union Minister of Labour & Employment Shri Mallikarjun Khagre has reiterated that the main responsibility of his Ministry is to protect and safeguard the interests of workers in general and those who constitute the poor, deprived and disadvantaged sections of the society, in particular. Addressing EFI National HRM Summit 2011 & CIE 31st Employee Relations… Read More
Circular No. 47/2011-Customs. F.No.450/1/2010-Dir(Cus) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs ****** To All Chief Commissioners of Customs / Customs (Pre.) All Chief Commissioners of Customs & Central Excise All Commissioners of Customs /Customs (Pre.) All Commissioners of Customs (Appeals) All Commissioners of Customs and Central Excise… Read More
Circular No. 147/16/2011 Service Tax F. No. 137/57/2011 Service Tax Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Customs) **** To Chief Commissioners of Central Excise & Customs (All) Chief Commissioners of Central Excise (All) Director General of Central Excise Intelligence Director General of Audit & DGST Commissioners of… Read More
RBI/2011-12/228 IDMD.PCD.No. 12/14.03.04/2011-12 The Chairmen & Chief Executive Officers of all Scheduled Commercial Banks (excluding RRBs), Standalone Primary Dealers and Non Banking Financial Companies Dear Sir/Madam, Introduction of Credit Default Swaps (CDS) for Corporate Bonds: Change in effective date for operationalisation A reference is invited to para 4 of the RBI circular of IDMD.PCD.No. 5053 /14.03.04/ 2010-11… Read More
To, All Registered Merchant Bankers All Recognized Stock Exchanges Dear Sir(s), Sub: SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (The Regulations) 1. This is in continuation of the circular No SEBI/CFD/DCR/SAST/ 1/2011/09/23 dated September 23, 2011 on the captioned Regulations wherein various formats for the reports/ disclosures to be filed were specified. The formats for disclosures for… Read More
F.No. DGIT (Vig.)/PV/2010-11/VAP Date : 20.10.2011 To, All the CCsIT(CCA) Madam/Sir, Sub : Observance of Vigilance Awareness Week as Grievance Redressal Week - Reg. Ref : DO letter even number of DGIT (Vig.) dated 28.09.2011. Please refer to CVC Circular No. 09/07/11 dated 12.09.2011 and DO letter of DGIT (Vig) dated 28.09.2011 and accordingly the… Read More
No.402/92/2006-MC (26 of 2011) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, dated the 20th October, 2011 PRESS RELEASE CBDT PUBLISHES DISCUSSION PAPER ON TAX ACCOUNTING STANDARDS The Central Board of Direct Taxes (CBDT) has made public the discussion paper on accounting standards, to be known… Read More