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Commerce Club

Commerce Club

  • Home
  • Income Tax
    • IT Circulars
    • IT Notification
    • IT Caselaw
  • GST
    • GST Law
    • GST Rules
    • GST Rate
      • GST Rate on Goods
      • GST Rate on Services
    • GST Circular
    • GST Notification
    • GST Caselaw
  • Company Law
    • Companies Act 2013
    • Notification
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FinanceRBI
May 10, 2015 commerceclub

All Term Deposit in Banks below Rs.15Lakh should have premature Withdrawal facality

BI/2014–15/554 DBR.No.Dir.BC.87/13.03.00/2014–15 April 16, 2015 Please refer to our cir­cu­lars DBOD. No. Dir.BC.36/13.03.00/98 dat­ed April 29, 1998, DBOD. No. Dir.BC.07/13.03.00/2001–02 dat­ed August

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RBI
May 10, 2015 commerceclub

Guidelines on Corporate Governance — For NBFC: RBI

RBI/2014–15/552 DNBR (PD) CC.No.029/ 03.10.001/ 2014–15 April 10, 2015 Please refer to the Revised Reg­u­la­to­ry Frame­work for NBFCs issued vide DNBR (PD)

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RBI
May 10, 2015 commerceclub

NBFCs- Lending against Shares 50% LTV to be maintained at all times

RBI/2014–15/551 DNBR (PD).CC.No.028/03.10.001/2014–15 April 10, 2015 Please refer to our cir­cu­lar DNBS (PD).CC.No.408/03.10.001/2014–15 dat­ed August 21, 2014. We have since received a

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RBI
May 10, 2015 commerceclub

Deccan Grameena Bank name changed to Telangana Grameena Bank: RBI

RBI/2014–15/547 DBR.RRB.BC.No.86 /31.04.002/2014 ‑15 April 9, 2015 We advise that the name of ‘’Dec­can Grameena Bank’’ has been changed to ‘’Telan­gana Grameena

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RBI
May 10, 2015 commerceclub

Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Projects Under Implementation

RBI/2014–15/538 DBR.No.BP.BC.84/21.04.048/2014–15 April 6, 2015 We have been receiv­ing rep­re­sen­ta­tions from banks that, in the case of projects which have been stalled

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RBI
May 10, 2015 commerceclub

Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Refinancing of Exposures to Borrowers: RBI

RBI/2014–15/539 DBR.No.BP.BC.85/21.04.048/2014–15 April 6, 2015 In terms of cir­cu­lar DBOD.No.BP.BC.107/21.04.048/2013–14 dat­ed April 22, 2014 and A.P. (DIR Series) Cir­cu­lar No.129 dat­ed May

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RBI
May 10, 2015 commerceclub

Provisioning by Banks for Fraud advance Accounts: RBI

RBI/2014–15/535 DBR.No.BP.BC.83/21.04.048/2014–15 April 1, 2015 Please refer to the guide­lines com­piled in para­graph 4.2.9 of Mas­ter Cir­cu­lar on Pru­den­tial Norms on Income

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RBI
May 10, 2015 commerceclub

NBFC can Distribute Mutual Fund products without Prior Approval of RBI

RBI/2014–15/578 DNBR. (PD).CC.No. 033/03.10.001/2014–15 April 30, 2015 2. On a review, since the dis­tri­b­u­tion of Mutu­al Fund prod­ucts by the NBFCs is

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RBI
May 10, 2015 commerceclub

Import from Third Country by Nepal & Bhutan Via India would qualify for traffic-in-transit

RBI/2014–15/580 A.P.(DIR Series) Cir­cu­lar No. 97 April 30, 2015 Atten­tion of Autho­rised Deal­er Category‑I (AD Category‑I) banks is invit­ed to A.P. (DIR Series)

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GST
May 10, 2015 commerceclub

GST rate will be lower than speculated 27%

Finance Min­is­ter Arun Jait­ley cleared the air on the GST (Goods and Ser­vices Tax) rate. While reply­ing to the debate

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