Category Archives: other Acts

Sovereign Gold Bond Scheme 2017-18– Series II from 10.07.2017 to 14.07.2017

By | July 6, 2017

Government of India in consultation with RBI decides to issue Sovereign Gold Bond Scheme 2017-18– Series II; Applications for the bond will be accepted from July 10, 2017 to July 14, 2017; The Bonds will be issued on July 28, 2017.  Government of India, in consultation with the Reserve Bank of India, has decided to… Read More »

RBI releases Handbook of Statistics on Indian States 2016-17

By | June 27, 2017

Date : Jun 24, 2017 Today, the Reserve Bank of India released the second edition of its statistical publication titled “Handbook of Statistics on Indian States 2016-17”. Through this publication, the Reserve Bank has been disseminating wide-ranging data on the regional economy of India. This publication follows the ‘one indicator-one table’ approach and in 129… Read More »

Category: RBI

Exclusion of “The Royal Bank of Scotland N.V.” from Second Schedule to RBI Act, 1934

By | June 24, 2017

RBI/2016-17/325 DBR.No.Ret.BC.75/12.07.150/2016-17 June 22, 2017 All Scheduled Commercial Banks Dear Sir, Exclusion of “The Royal Bank of Scotland N.V.” from the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “The Royal Bank of Scotland N.V.” has been excluded from the Second Schedule to the Reserve Bank of India Act,… Read More »

Category: RBI

Give detailed narrations in Bank Passbooks : RBI to all Banks

By | June 24, 2017

Recording of Details of Transactions in Passbook/ Statement of Account RBI/2016-17/326 DBR.No.Leg.BC.76/09.07.005/2016-17 June 22, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam, Recording of Details of Transactions in Passbook/ Statement of Account Please refer to instructions contained in Paragraphs 6 and 7 of our circular DBOD.No.Leg.BC.74/09.07.005/2003-04… Read More »

Category: RBI

GST Challan will be single transaction for claim of agency commission by Banks from Govt

By | June 24, 2017

Payment of agency commission for government receipts RBI/2016-17/327 DGBA.GBD.No.3333/31.02.007/2016-17 June 22, 2017 All Agency Banks Dear Sir / Madam Payment of agency commission for government receipts Please refer to Circular No. DGBA.GAD.7575/31.12.011/2011-12 dated May 22, 2012 regarding the rationalisation and revision of agency commission payable to agency banks on government transactions undertaken by them. 2.… Read More »

Category: RBI

File Complaints of Misselling & Mobile/ Electronic Banking to Banking Ombudsman : RBI

By | June 24, 2017

RBI amends Banking Ombudsman Scheme: Includes Complaints relating to Misselling and Mobile/ Electronic Banking Date : Jun 23, 2017 The Reserve Bank of India has widened the scope of its Banking Ombudsman Scheme 2006, to include, inter alia, deficiencies arising out of sale of insurance/ mutual fund/ other third party investment products by banks. Under… Read More »

Category: RBI

Nov 2017 CA Exam Date Sheet – Announced by ICAI

By | June 24, 2017

Nov 2017 CA Exam November 2017 Exam dates has been announced by ICAI :- No. 13-CA (EXAM)/N/2017: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to announce that the Intermediate (IPC) and Final examinations will be held on the dates… Read More »

Interest & Dividend reporting of Custodial Accounts- Rule 114G(1)(e) of Income Tax Rules, 1962

By | June 19, 2017

Securities and Exchange Board of India CIRCULAR CIR/HO/MIRSD/MIRSD2/CIR/P/2017/59 June 15, 2017 To, All Recognized Depositories 2. Depositories Participants (DPs) through Depositories 3. Registrars to an Issue and Share transfer agents (RTAs) Dear Sir/ Madam, Sub: Interest and Dividend information reporting in case of Custodial Accounts- Rule 114G(1)(e) of the Income Tax Rules, 1962 1. This… Read More »

PAN to be used as IEC code – Importer Exporter Code : DGFT

By | June 14, 2017

No.01/93/180/04/AM-18/PC-2(B) Government of India Ministry of Commerce & Industry Directorate General of Foreign Trade Udyog Bhawan, New Delhi Dated 12.06.2017 Trade Notice No.  09 To 1.  All IEC holders/applicants 2.  All EPCs / All Chambers of Trade and Industries 3.  FIEO/ASSOCHAM/CII 4.  All RA’s of DGFT 5.  All field formations of Customs Sub: Changes in… Read More »