Daily Archives: November 26, 2015

Central KYC Records Registry -template for Know Your Customer (KYC)

By | November 26, 2015
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RBI/2015-16/251 DBR.AML.BC.No.60/14.01.001/2015-16 November 26, 2015 The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ all NBFCs/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (SCBs / CCBs) /All Payment System Providers/ System Participants and Prepaid Payment Instrument Issuers/ All authorised persons Dear Sir/ Madam… Read More »

RBI Limit on Expatriate Officers in Indian Offices of Foreign Banks

By | November 26, 2015
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Engagement of Services of Expatriate Officers in Indian Offices of Foreign Banks RBI/2015-16/252 DBR.IBD.BC. 61/23.07.001/2015-16 November 26, 2015 All Foreign Banks operating in India Dear Sir/Madam, Engagement of Services of Expatriate Officers in Indian Offices of Foreign Banks Please refer to our D.O.No.DBOD.Ref.1318/C.319-70 August 31, 1970 and Circulars DBOD.No.1033/23.07.001/94 dated March 11, 1994 and DBOD.IBS.BC.No.109/… Read More »

NCDs/bonds maturity period 3 year for Investment by Foreign Portfolio Investors (FPI) in Corporate Bonds

By | November 26, 2015
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RBI/2015-16/253 A.P. (DIR Series) Circular No.31 November 26, 2015 To All Authorised Persons Madam/ Sir, Investment by Foreign Portfolio Investors (FPI) in Corporate Bonds Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000… Read More »

Urban infra investment plans for 102 cities approved under AMRUT

By | November 26, 2015
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Ministry of Urban Development, Govt of India on 26-November, 2015 Basic urban infra investment plans for 102 cities approved under AMRUT 5 states to spend Rs.3,120 cr in improving water supply, sewerage networks, storm water drains, urban transport and parks State Annual Action Plans for 2015-16 for Haryana, Chattisgarh, Telanagana, Kerala, W.Bengal cleared Total investment… Read More »

‘ Bhavishya ’ :online Pension Sanction and Payment Tracking System

By | November 26, 2015
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Ministry of Personnel, Public Grievances & Pensions of Govt of India on 26-November, 2015 Dr. Jitendra Singh inaugurates Workshop on online Pension Sanction and Payment Tracking System ‘Bhavishya’ Digital life certificates for continuation of pensions to be scrapped soon: Dr. Jitendra Singh Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER),… Read More »

‘ 3-Cities ’ Fame India Eco Drive

By | November 26, 2015
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Ministry of Heavy Industries & Public Enterprises Govt of India 26-November, 2015 Anant Geete Flags Off  ‘ 3-Cities ’ Fame India Eco Drive in the Capital To promote electrification of automobile transportation to achieve objectives laid in the National Mission for Electric Mobility (NMEM), Shri Anant G Geete, Union Minister, Ministry of Heavy Industries &… Read More »

Govt invite comments on Income Computation and Disclosure Standards

By | November 26, 2015
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Ministry of Finance Govt of India on 26-November, 2015 Stake Holders and General Public requested to bring-out Issues/Points by 15th December, 2015 which in their opinion require further Clarification/Guidance for proper Implementation of the Provisions of the Income Computation and Disclosure Standards (ICDS) Sub-section (1) of Section 145 of the Income-tax Act, 1961 provides that… Read More »