Highlights of Finance Bill 2010: Proposed amendement in Direct Tax
Highlights of Finance Bill 2010(Proposed amendments in Direct Tax)
Highlights of Finance Bill 2010(Proposed amendments in Direct Tax)
The Reserve Bank of India has imposed a monetary penalty of Rs.25.00 lakh (Rupees Twenty Five Lakh only) on The Bank of Rajasthan Ltd. in exercise of powers vested in it under the provisions of Section 47A(1)(b) of the Banking Regulation Act, 1949. The penalty is levied for (i) violation of the Reserve Bank of [...]
RBI/2009-10/326 UBD.BPD.PCB.Cir.No. 46/13.05.006/2009-10 February 24, 2010 The Chief Executive Officer, All Primary (Urban) Co-operative Banks Dear Sir, Union Budget – 2008-09 – Agricultural Debt Waiver and Debt Relief Scheme, 2008 Please refer to paragraph 5 of our circular UBD.PCB.Cir.No.50/13.05.000/2007-08 dated June 2, 2008 on the captioned subject. 2. In this connection, we advise having been [...]
Date of submission of online return for q.e. 31.12.2009 has further been extended upto 28.02.2010. A Signed copy of the return in the paper form for the Said period shall also have to be submitted in the Respective charge/corporate division/ range/ unit Within 05.03.2010. Non-submission of return in Electronic and paper form within the aforesaid [...]
Guidelines for transfer of assets and liabilities of Urban Cooperative Banks (having negative net worth) to commercial banks with DICGC support The following guidelines are laid down for considering sanction of scheme of transfer of assets and liabilities (including branches) of UCBs (having negative net worth) to commercial banks with DICGC support. 1. Eligibility 1.1 [...]