ICSI- 39th National Convention of Company Secretaries

  The 39th National Convention of Company Secretaries will be held from 13th October, 2011 onwards till 15th October, 2011 at Jaypee Palace Hotel & Convention Centre, Agra. The theme for discussion will be on Corporate Dynamism and Innovative Professionalism and other sub themes to be focused on Dynamic Business Environment, Innovation and Risk Management; Leverage… Read More

RBI – Exim Bank’s Line of Credit of USD 4 million to the Government of the Co-operative Republic of Guyana

  RBI/2011-12/138 A.P. (DIR Series) Circular No. 07 August 02, 2011 To All Authorised Dealer Category -I banks Madam / Sir, Exim Bank's Line of Credit of USD 4 million to the Government of the Co-operative Republic of Guyana Export-Import Bank of India (Exim Bank) has concluded an Agreement dated July 26, 2010 with the… Read More

RBI Notification on Comprehensive Guidelines on Derivatives

RBI/2011-12/136 DBOD.No.BP.BC. 27/21.04.157/2011-12 August 2, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs), All India Term-Lending & Refinancing Institutions & Primary Dealers Dear Sir, Comprehensive Guidelines on Derivatives : Modifications Please refer to our Circular DBOD No. BP. BC. 86/21.04.157/2006-07 dated April 20, 2007 on Comprehensive Guidelines… Read More

Minimum Export Price of Onions.- DGFT

Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan  Notification No  59 (RE 2010)/2009-2014 New Delhi, Dated:  15th  July, 2011   Subject: - Minimum Export Price of Onions. S.O. (E)          In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with Para 2.1 of the Foreign… Read More

Exemption for export of 10 lakh MT non basmati rice on private A/C – DGFT

(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 Directorate General of Foreign Trade Udyog Bhawan  Notification No. 60 (RE-2010)/2009-2014 New Delhi, 19th July,2011 Subject: Exemption for export of 10 lakh MT non basmati rice on private A/C… Read More

Notification No.67 /2011-Customs- Anti- dumping duty on import of certain Rubber Chemicals from certain countries

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]   GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.67 /2011-Customs  New Delhi, the 28th July, 2011 G.S.R.      (E). -Whereas, the designated authority vide notification No. 15/14/2009-DGAD, dated the 12th May,2010, published in the Gazette of India, Extraordinary, Part I, Section… Read More

NSDL : e -Tutorial for form 16A

As per Income Tax Department (ITD) circular number .03/2011 dated May 13, 2011 Companies and Banks are required to issue Form 16A from TIN to their deductees for deductions made from April 1, 2011 (F.Y. 2011-2012). Form 16A is available to register TANs at TIN, from F.Y. 2010-11 Form 16A can be requested from TIN by… Read More

Rate of exchange of conversion of each of the foreign currency with effect from 1st August, 2011

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS Notification  No.51/2011-Customs (N.T.) DATED THE 27th July, 2011 5 Shravana, 1933(SAKA) S.O.       (E). In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry… Read More

SEBI : SMS and E-mail alerts to investors by stock exchanges

CIR/MIRSD/15/2011 August 02, 2011 To All Recognized Stock Exchanges Dear Sir/Madam, Sub: SMS and E-mail alerts to investors by stock exchanges 1. SEBI receives complaints from investors against stock brokers which include alleged unauthorized trading in their accounts. SEBI has taken steps in the past to address this issue. 2. As an additional measure, it… Read More

E-payment of Customs duty mandatory for Rs. 1 lac or more – CBEC

Circular No. 33/2011- Customs F.No.450/180/2009-Cus.IV(Pt.) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs ***** 229-A, North Block, New Delhi, 29th July, 2011. To, All Chief Commissioners of Customs All Chief Commissioners of Central Excise and Service Tax   Subject: Making E-payment of Customs duty mandatory-regarding.   Sir / Madam, E-payment… Read More

Message from the ICSI President July, 2011

"A professional is someone who can do his best work when he doesn't feel like it."   - Alistair Cooke  Dear Professional Colleagues,  Friends, lot has happened in the last one month on many fronts. I would like to share with you some of the developments through this communication.  ICSI Welcomes Dr. M Veerappa Moily, Hon'ble Minister… Read More

SEBI releases new Takeover Regulations based on recommendations of Takeover Regulations Advisory Committee

PR No. 119/2011 SEBI Board meeting The Board met today in Mumbai and took the following major decisions: (I) Proposed new Takeover Regulations based on recommendations of Takeover Regulations Advisory Committee The Board considered the Report of the Takeover Regulations Advisory Committee (TRAC) and accepted most of the recommendations of TRAC. Major among them include the following: a)… Read More

Amendment to Notification No.06/2006 for licensed goods under Merchant Shipping Act-CE dated 01.03.2006

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue)                       New Delhi, dated the 29th July, 2011 Notification No. 38 /2011 Central Excise G.S.R. (E).-In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944… Read More

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