Continuation of pre-GST rates of RoSL for Export of Garments and textile articles
Circular No. – 34/2017-Customs F.No.609/63/2017-0 BK Government of India Ministry of Finance, Department of Revenue Central Board of Excise & Customs Drawback Division Dated 9th August, 2017 To Principal Chief Commissioners/Principal Directors General Chief Commissioners/Directors General. Principal Commissioners/Commissioners. all under CBEC Madam/Sir, Subject – Continuation of pre-GST rates of Rebate of State Levies (RoSL)… Read More
RBI releases Tri-Party Repo (Reserve Bank) Directions, 2017
RBI/2017-18/42 FMRD.DIRD.4/14.03.024/2017-18 August 10, 2017 To All market participants Dear Sir/Madam Tri-Party Repo (Reserve Bank) Directions, 2017 Please refer to Paragraph 6 of the statement on Developmental and Regulatory Policies, Reserve Bank of India issued as part of the third Bi-monthly Monetary Policy Statement for 2017-18 dated August 2, 2017 regarding introduction of tri-party repos. 2. The draft… Read More
RBI issues Reserve Bank Commercial Paper Directions ,2017
RBI/2017-18/43 FMRD.DIRD.2/14.01.002/2017-18 August 10, 2017 To All market participants Dear Sir/Madam Reserve Bank Commercial Paper Directions, 2017 Reserve Bank had issued draft directions on Commercial Paper for public comments on February 02, 2017. Taking into account the comments received, The Reserve Bank Commercial Paper Directions, 2017 have been finalised and enclosed herewith. Yours faithfully (T. Rabi Sankar)… Read More
Govt. exempts Regional Rural Banks from M&A purview under Competition Act
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 10th August, 2017 S.O. 2561(E).—In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby exempts the Regional Rural Banks in respect of which the Central Government has issued a notification… Read More
Govt. amends Environment Protection Rules, 1986
MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE NOTIFICATION New Delhi, the 8th August, 2017 S.O. 2537(E).—In exercise of the powers conferred by sections 6 and 25 of the Environment (Protection) Act, 1986 (29 of 1986), the Central Government hereby makes the following rules further to amend the Environment (Protection) Rules, 1986, namely:— 1. (1) These… Read More
Reg. Change in Date of Birth of Employees’ Pension Fund Members
Employees’ Provident Fund Organisation (Ministry of Labour & Employement, Govt. of India) Head ofiice Bhavishya Nidhi Bhawan, 14-Bhikaji Cama Place, New Delhi-110066 No.Pension I/Instruction/Guidelines/2017/8351 07/08/2017 To All ACCs (Zonal Offices) All Regional P.F. Commissioner (In Charge of Regions) Sub: Change in Date of Birth of Employees’ Pension Fund Members – Regarding Ref: 1. This office letter… Read More
Govt. makes Aadhaar mandatory to avail maternity benefit under JSY scheme
MINISTRY OF WOMEN AND CHILD DEVELOPMENT NOTIFICATION New Delhi, the 4th August, 2017 S.O. 2489(E).––Whereas, the use of Aadhaar as identity document for delivery of services or benefits or subsidies simplifies the Government delivery processes, brings in transparency and efficiency, and enables beneficiaries to get their entitlements directly to them in a convenient and seamless… Read More
IRDAI modifies Guidelines on Point of Sales- Life Insurance Products
Insurance Regulatory and Development and Authority of India Ref: IRDAI/LIFE/CIR/MISC/POS/185/08/2017 August 4, 2017 To All the Life Insurers, Re: Modification to Guidelines on Point of Sales (POS)- Life Insurance Products Reference is invited to - Section 2 (i) - ' Categories of POS products', Wherein the description of categories of POS Products is provided and… Read More
Govt. abolishes sumptuary allowance for all Training and Academic Establishments
No. 17014/2/2014-Trg.(7th CPC) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training Block-IV, Old JNU Campus, New Delhi. Date: July 25 , 2017 OFFICE MEMORANDUM Subject: Implementation of the recommendations of 7 th Central Pay Commission - abolishment of Sumptuary Allowance. Consequent upon the acceptance of the recommendations… Read More
EPFO mandates submission of Aadhaar as identity doc. by members of EPS
EMPLOYEES’ PROVIDENT FUND ORGANIZATION (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan, 14, Bhikaji Cama Place, New Delhi- 110 066. File No.Pension-I/17(10)/2016-17/Jeevan Pramaan-Aadhar/8051 … Read More
SEBI releases online registration mechanism for custodian of securities
SECURITIES EXCHANGE BOARD OF INDIA CIRCULAR CIR/IMD/FPIC/094/2017 August 09, 2017 To, All Custodian of Securities Dear Sir/ Madam, Subject: Online Registration Mechanism for Custodian of Securities 1. Hon'ble Minister of Finance, Government of India, in his speech while presenting the Budget for FY 2017-18 on February 01, 2017, announced that the process of registration of… Read More
Kerala Govt. decides to pay wages to employees electronically
Kerala Government has decided to implement “e-payment of wages” scheme which aims at providing wages to employees electronically. WPS – means an IT enabled system provided by the labour commissionerate to ensure payment of minimum wages to all or any class of employees employed. Initially this was promulgated through a notification in the year 2015,… Read More
Govt. launches schemes to make education loans as easy loans
Schemes to make education loan as easy loans All Scheduled Commercial Banks provide Education Loan to students. Simple interest is charged during the study period and up to commencement of repayment. Accrued interest is added to the principal amount borrowed while fixing EMI (Equated Monthly Instalment) for repayment. The Schemes launched by the Government to… Read More
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