RBI/2015-16/173A.P. (DIR Series) Circular No.11 September 10, 2015 To All Category – I Authorised Dealer Banks Madam / Sir, Exchange Earners’ Foreign Currency (EEFC) Account-Discontinuation of Statement pertaining to trade related loans and advances Attention of Authorized Dealers Category –I (AD Category –I) banks is invited to A.P. (DIR Series) Circular No.78 dated February 14,…
The authorized agent will register himself/herself with a branch of a bank by submitting a copy of his/her valid certificate of authority to the Branch Manager and also produce original certificate of authority for verification as and when required by the bank. The agent will also submit details of his/her savings bank account to which…
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes 10th September, 2015 Press Release Subject:- Income-tax Department thanks the taxpayers for making e-enabled initiatives a success It has been the constant endeavor of the Income-tax Department to make compliance simpler for the taxpayer through the use of technology. E-filing of…
With a view to providing greater flexibility for structuring of trade credit arrangements, RBI has decided that the resident importer can raise trade credit in Rupees (INR) within the following framework after entering into a loan agreement with the overseas lender: Trade credit can be raised for import of all items (except gold) permissible under…
In the Financial Year (F.Y.) 2015-16, Department of Income Tax Receives 2.06 Crore Returns on the E-Filing Portal as on 07.09.2015 Registering an Increase of 26.12% over the Corresponding Period of the Preceding F.Y. 2014-15; 32.95 Lakh E-Returns Verified Through Electronic Verification Code; As on 07.09.2015 Central Processing Centre Processed 45.18 Lakh Returns Relating to…
EPFO has launched the online helpdesk portal to help employers and employees facing issues. This portal is still in Beta version and can be best view in Google Chrome Brower only. Here you can submit your queries and get it resolved. They have 7 days of TAT (turnaround time) to answer your queries. You can…