Archive for October, 2011
Oct-26th-2011
CIRCULAR CIR/MIRSD/22/2011 October 25, 2011 To All Recognized Stock Exchanges Dear Sir/Madam, Sub: ‘In-person’ verification (IPV) of clients by subsidiaries of stock exchanges, acting as stock brokers 1) SEBI vide letter No. MIRSD/DPS-III/130466/2008 dated July 02, 2008 (addressed to the stock exchanges), mandated the stock brokers to carry out ‘in-person’ verification of their clients [...]
Oct-26th-2011
RBI issued the guidelines to deregulate of Saving Bank Deposit Interest Rate, key points of the guidelines are as under: RBI/2011-12/233 DBOD.Dir.BC. 42/13.03.00/2011-12 October 25, 2011 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate – Guidelines 1. Please refer to our Directive DBOD.Dir.BC.89/13.03.00/2010-11 dated May 3, 2011. 2. [...]
Oct-25th-2011
[Notification No. 56/2011/ F.No.133 /48/2011 – SO (TPL)] In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:— 1.(1) These rules may be called the Income-tax (7th Amendment) [...]
Oct-25th-2011
CIRCULAR CIR/MRD/DSA/12/2011 October 24, 2011 To, The Managing Directors / Chief Executive Officers/ Officiating Executive Directors of all the Stock Exchanges. Dear Sir / Madam, Sub.: Reporting format under Regulation 11 of Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006 Securities Contracts (Regulation) [...]
Oct-22nd-2011
Circular No. 47/2011-Customs. 21st October, 2011 Subject: Implementation of ‘On Site Post Clearance Audit’ – Regarding. CBEC has introduced the scheme of ‘On Site Post Clearance Audit’ or OSPCA at premises of importers and exporters’ vide Notification No. 72/2011-Cus. (NT) dated 4.10.2011. Guidelines for the conduct of OSPCA had been earlier circulated on 13.5.2011. [...]
