Held The nearness of the land to highway also does not alter the character of the land and appreciation in the price of land cannot be seen in isolation and if agricultural operations were carried out by the assessee, the appreciation in the price of land alone would not lead to the conclusion that the… Read More »
Reserve Bank of India Released the Discussion Paper on Margin Requirements for non-Centrally Cleared Derivatives Derivatives are an integral risk management tool for most of the business entities and financial institutions. Most of the bigger and mid-size companies in India use derivatives to manage foreign currency, interest rate and commodity price risks. Derivatives foster financial innovation… Read More »
RBI Released the following Consultation Paper on Peer to Peer Lending Introduction The financial sector is not immune from the advent of online industry and its potential impact. For this reason, it is attracting attention of analysts, investors, customers, businesses and regulators in a major way. Peer-to-Peer (P2P) lending is one such business model that has… Read More »
The Reserve Bank of India has today placed on its website the Consultation Paper on Peer to Peer Lending , for seeking comments/views from all interested parties and general public. The suggestions/comments on the Paper may be emailed or sent by post to the Chief General Manager, Department of Non-Banking Regulation, Reserve Bank of India,… Read More »
HOW TO EXPORT Introduction India’s Foreign Trade i.e. Exports and Imports are regulated by Foreign Trade Policy notified by Central government in exercise of powers conferred by section 5 of foreign trade (Development and Regulation) Act 1992. Presently Foreign Trade Policy 2015-20 is effective from 1st April, 2015. As per FTD & R act, export… Read More »
[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART – II, SECTION – 3, SUB SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE NOTIFICATION No._05 /(2015-2020) NEW DELHI, DATED: 29th April, 2016 Subject: Updation of SCOMET list [Appendix 3 to Schedule 2 of ITC… Read More »
(To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii)) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notification No.04/2015-2020 New Delhi, 29thApril, 2016 Subject: Status Holder-Amendment in Para 3.20(b) of ForeignTrade Policy 2015-20 S.O.(E) In exercise of the powers conferred… Read More »
(To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii)) Government of India Ministry of Commerce &Industry Department of Commerce Directorate General of Foreign Trade Notification No. 06/2015-2020 New Delhi, 3rd May, 2016 Subject: Amendment in Para 5.04 (h) of FTP 2015-2020 S.O.(E) In exercise of the powers conferred… Read More »
Notification of new Appendix 5D containing the list of services for which payment is received in Rupee terms which could be counted towards discharge of Export Obligation under the Export Promotion Capital Goods(EPCG) Scheme. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 04/2015-2020 New… Read More »
(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-1 SECTION-1) GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE No.05 /2015-20 Dated: 3rd May, 2016 Subject: Amendment of ANF 3C – Application for on line filing of Grant of Status Certificate In exercise of powers… Read More »