Daily Archives: April 2, 2016

Branch office in India :FEMA Regulations Notified

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] RESERVE BANK OF INDIA (Foreign Exchange Department ) (CENTRAL OFFICE ) NOTIFICATION Mumbai, the 31st March, 2016 Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) Regulations, 2016 G.S.R.384.—In exercise of… Read More »

Baggage Rules 2016 Notified by Govt

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 43/2016-Customs (N.T.) New Delhi, the 31st March, 2016 In exercise of the powers conferred by section 79 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following rules further to amend the Baggage… Read More »

PPF Interest @ 8.1% Notified by Govt

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 29th March, 2016 G.S.R. 350(E).– In pursuance of section 5 of the Public Provident Fund Act, 1968 (23 of 1968) the Central Government hereby notifies that the subscriptions made to the fund on or after… Read More »

e -KVP and NSC

DISCONTINUATION OF PHYSICAL PRE-PRINTED NSC AND KVP CERTIFICATES W.E.F. 1-4-2016 OFFICE MEMORANDUM F.NO.1/04/2016-NS.II], DATED 1-4-2016 The undersigned is directed to refer to this Department’s OM of even number dated 23rd March, 2016, through which guidelines regarding discontinuation of physical mode of National Savings Certificate and Kisan Vikas Patra certificate and introduction of e-mode were communicated.… Read More »

FEMA Remittance of Assets Regulations 2016

THE GAZETTE OF INDIA EXTRAORDINARY [PART II—SEC. 3(i)] RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 1st April, 2016 No. FEMA 13 (R)/2016-RB Foreign Exchange Management (Remittance of Assets) Regulations, 2016 G.S.R. 388(E).—In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999)… Read More »