Category Archives: other Acts

ISA AT – New Syllabus, June 2017

By | May 13, 2017

Information System Audit – Assessment Test (ISA – AT) New Syllabus, June 2017 – (13-05-2017) Subject: Information System Audit – Assessment Test (ISA – AT) New Syllabus, June 2017 Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment TestNew Syllabus which is open to the members of the Institute, will be… Read More »

Deposit of Confiscated Notes (old Currency Notes) before 30.12.2016 allowed by Govt of India in RBI

By | May 13, 2017

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 12th May, 2017 G.S.R. 460(E).— In exercise of the powers conferred by sub-section (1) of section 11, read with clause (c) of the proviso to section 5, of the Specified Bank Notes (Cessation of Liabilities) Act, 2017 (2 of 2017), the Central Government hereby… Read More »

GST to have far reaching implications for Indian Economy – RBI Report

By | May 12, 2017

Today, the Reserve Bank of India (RBI) released the report entitled “State Finances: A Study of Budgets of 2016-17”, an annual publication that provides information, analysis and an assessment of the finances of state governments. It is the primary source for disaggregated state-wise fiscal data and delineates the changing dynamics of fiscal federalism over the… Read More »

Category: RBI

Submission of Statutory returns (SLR-Form VIII) in XBRL platform

By | May 12, 2017

RBI/2016-17/302 Ref: DBR.CO.No.Ret.BC/66/12.07.144/2016-17 May 11, 2017 The Chairperson All RRBs Madam/Dear Sir, Submission of Statutory returns (SLR-Form VIII) in XBRL platform It has been decided to move the reporting of SLR from PCRPCD to XBRL (Extensible Business Reporting Language) platform. You are therefore advised to submit the returns (Form VIII) in XBRL from the month… Read More »

Target Plus Scheme for exports effected during 01.04.2005 to 31.03.2006 – Notification

By | May 10, 2017

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 8th May, 2017 No. 06/2015-2020 S.O. 1448(E).—In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-2020 and in… Read More »

Section – 45-I Reserve Bank of India Act 1934

By | May 10, 2017

Section – 45-I Reserve Bank of India Act 1934 Definitions. 45-I. In this Chapter, unless the context otherwise requires,— 2 [(a) “business of a non-banking financial institution” means carrying on of the business of a financial institution referred to in clause (c) and includes business of a non-banking financial company referred to in clause (f);]… Read More »

Section 45A Reserve Bank of India Act 1934

By | May 10, 2017

Section 45A Reserve Bank of India Act 1934 1 [CHAPTER IIIA COLLECTION AND FURNISHING OF CREDIT INFORMATION Definitions. 45A. In this Chapter, unless the context otherwise requires,— (a) “banking company” means a banking company as defined in section 5 of the Banking 2 [Regulation] Act, 1949 (10 of 1949), and includes the State Bank of… Read More »

Section 2 Customs Act 1962 – Definitions.

By | May 10, 2017

Section 2 Customs Act 1962 Definitions. 2. In this Act, unless the context otherwise requires,— (1) “adjudicating authority” means any authority competent to pass any order or decision under this Act, but does not include the Board, 1 [Commissioner (Appeals)] or Appellate Tribunal; (1A) “aircraft” has the same meaning as in the Aircraft Act, 1934… Read More »

Section 2 Special Economic Zone Act 2005 – Definitions

By | May 10, 2017

Section  2 Special Economic Zone Act 2005 Definitions In this Act, unless the context otherwise requires,— (a)   “Appointed day” with reference to a Special Economic Zone means the date on which the Special Economic Zone is notified by the Central Government under sub-section (1) of section 4; (b)   “Approval Committee” means an Approval Committee constituted… Read More »