RBI Notification Mortgage Guarantee Companies Investment (Reserve Bank) Directions, 2008

RBI/2010-11/34 DNBS (PD-MGC) C.C. No.10/23.11.01/2011-12 July 1, 2011 The Chairman/CEOs of all Mortgage Guarantee Companies Dear Sir, Notification as amended upto June 30, 2011 Mortgage Guarantee Companies Investment (Reserve Bank) Directions, 2008 As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues… Read More

RBI – Non-Banking Financial Companies Auditor™s Report (Reserve Bank) Directions, 2008.

RBI/2011-12/20 DNBS (PD) CC No. 226/03.02.001/2011-12 July 1, 2011 To The Chairman/CEOs of all Non-Banking Financial Companies (except Residuary Non-Banking Companies and Miscellaneous Non-Banking Companies) Dear Sir, Notification as amended upto June 30, 2011 Non-Banking Financial Companies Auditor™s Report (Reserve Bank) Directions, 2008. As you are aware, in order to have all current instructions on… Read More

Hazardous Waste Rules to be strictly followed w.r.t. import of Electrical and Electronic Assemblies

  Circular No.27/2011-Customs F. No.401/130/2011-Cus III Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Room No. 253-A, North Block, To, All Chief Commissioners of Customs/ Customs (Prev.) All Chief Commissioners of Customs & Central Excise All Directors General of CBEC, All Commissioners of Customs / Customs (Prev.) All… Read More

RBI Master Circular on Lending to Priority Sector

RBI/2011-12/107 RPCD. CO. Plan. BC 10/04.09.01/ 2011-12 July 1, 2011 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, MASTER CIRCULAR - LENDING TO PRIORITY SECTOR The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks on lending to Priority… Read More

Investment by Banks in Liquid/Short term Debt Schemes capped at 10%

RBI/2011-12/106 DBOD.No.BP.BC. 23/21.04.141/2011-12 July 5, 2011 The Chairmen & Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Investment by banks in liquid/short term debt schemes of mutual funds Please refer to paragraph 112 of the Monetary Policy Statement 2011-12 (extract enclosed) wherein it has been indicated that… Read More

RBI Master Circular on Direct Investment JV / WOS Abroad

RBI/2011-12/11 Master Circular No.11/2011-12 July 1, 2011 To, All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Master Circular on Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad Direct investments by residents in Joint Venture (JV) and Wholly Owned Subsidiary (WOS) abroad are being allowed, in terms… Read More

RBI- Master Circular on Collection of Direct Taxes- OLTAS

RBI/2009-10/60; DGBA.GAD.No. H-2 /42.01.034/2009-10; July 1, 2009 All Agency Banks Master Circular Collection of Direct Taxes- OLTAS Please refer to our master circular RBI/2008-09/81 dated July 01, 2008 on the above subject which was issued with a view to facilitate quick reference to all the extant instructions issued on the subject at one place. We… Read More

RBI Master Circular on Export Credit Refinance Facility to Banks

RBI/2010-11/86 Ref. MPD. No.332 /07.01.279/2010-11 July 1, 2010 Aashadha 10, 1932 (S) The Chairmen/Chief Executives of all Scheduled Banks (excluding RRBs) Dear Sir/Madam Master Circular on Export Credit Refinance Facility Please refer to Master Circular No.MPD No. 4627 /07.01.279/2009-10 dated July 1, 2009 on the above-mentioned subject. This revised Master Circular on Export Credit Refinance Facility   consolidates… Read More

Customs Tariff (Determination of Origin of Goods Under the Preferential Trade Agreement Between the Governments of the Republic of India and Malaysia) Rules, 2011

Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise And Customs) Notification No. 43/2011-Customs (N.T.) 10 Asadha, 1933 (SAKA) G.S.R. ¦ (E) In exercise of the powers conferred by sub-section (1) of section 5 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following rules, namely:-… Read More

RBI Master Circular on Bank Finance to Non-Banking Financial Companies

RBI/2011-12/71 DBOD.BP.BC.No.20 /21.04.172/2011-12 July 1, 2011 Chairman and Managing Directors / Chief Executives of All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs) Please refer to our Master Circular No.RBI/2010-11/51 DBOD.BP.BC.No.5/21.04.172/2010-11 dated July 1, 2010 on the captioned subject. The Master Circular has been suitably updated by… Read More

Form E.R-8 for Qtly Return of Excise u/r 12(1) of Central Excise Ruless

  GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)*** Notification No.15/2011-Central Excise (N.T.) In exercise of the powers conferred by sixth proviso to sub-rule (1) of rule 12 of the Central Excise Rules, 2002 the Central Board of Excise and Customs hereby specifies the form for quarterly return, namely:- Form E.R.-8   [F. No.… Read More

Exemption Circular for Recorded Smart Card Manufacturers -CBEC

  GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.14/ 2011 - Central Excise (N.T.)   G.S.R.(E)  In exercise of the powers conferred by sub-rule (2) of rule 9 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby exempts from the operation of said rule, every manufacturing unit engaged… Read More

Exemption from Custom Duty on goods imported from Malaysia – CBEC

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 53/2011-Customs G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods of the… Read More

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