It has been decided to put in place an updated procedure for compounding of contravention/s under FEMA on the basis of observations made...
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Thursday, August 5, 2010
Within 12 months of Export of Goods and Software, Realise & Repatriate export Proceeds till 31st March 2011 now with Master Circular
Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation as per A.P. (DIR Series) Circular No.57 dated 29th...
Money Laundering Amendment 2010 with insertion of explanation along with updated Master Circular
Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing...
No surrender of the proportionate export incentives under FTP Export Schemes even if proceeds are not realised within 6/12 months
Export of Goods and Services - Unrealised export bills –Write-off - Surrender of export incentives Attention of Authorised Dealer Category – I (AD...
Takeout Financing: refinancing of domestic Rupee loans with ECB under RBI approval route
As per the extant norms, refinancing of domestic Rupee loans with External Commercial Borrowing (ECB) is not permitted. However, keeping in view the...
Demat Account Suspension for Debit & Credit without PAN - SEBI mandates & enforces strictly now for all electronic shareholdings
Sub: Mandatory requirement of Permanent Account Number (PAN) 1. Please refer to SEBI circular No.MRD/DoP/Cir-05/2007 dated April 27, 2007 making PAN mandatory for...
Mutual Fund (MF) ASBA mandatory from 1st October 2010 and not from 1st July
Mutual Fund (MF) ASBA mandatory from 1st October 2010 and not from 1st July
Sub: Additional mode of payment through Applications Supported by Blocked Amount (hereinafter referred to as “ASBA”) in Mutual Funds ASBA is already available...
Sunday, July 25, 2010
Lawlabz Group 2nd Year Celebrations this July 2010 with Learnlabz & OnlyThisMuch, the video way, hope you will make it
Lawlabz Biennial Day Xperiments 2010 In our 2 year long journey we have serviced more than 350 clients, 200 company secretary students passed...
Tuesday, July 13, 2010
Email & Informal agreement is valid, even an Arbitration can be enforced-Supreme Court on Trimex case - Formalty not required under Contract Act
The Indian Contract Act, 1872: ss.4, 7 – Concluded contract containing arbitration clause - Valid The Hon’ble Supreme Court (SC) in a recent...
Website link thru BSE/NSE to download ASBA forms online with UIN for making public issue applications - SEBI
SEBI is taking steps forward to make a public issue process completely online. 1. It has been decided to make ASBA bid-cum application...
Ministry of labour turns accountable & release First Annual Report of Employment - is it a hint for labour law reforms [also contains recent updates]
Ministry of Labour & Employment presents to the People of India the First Annual Report on Employment with the objective of generating a...
Wednesday, July 7, 2010
Download FEMA Master Circulars on FDI/ODI, etc...issued by RBI & updated on 1st July of every year 2010 with foreign exchange law of India up to date
Note: Master Circulars are a one-point reference of instructions issued by the Reserve Bank of India on a particular subject between July-June. These are...