Articles
Govt Notifications /Circulars
NRI can pay RTI fees online now
Annexure -16  NRI can pay RTI fees online now Department of Posts, Ministry of Communications & IT, today in association with Department of Personnel and Training launched Electronic Indian Postal Order (eIPO) to enable Indian citizens abroad to pay RTI fee online. This is a facility to purchase an Indian Postal Order electronically by paying a fee on-line through e-Post Office Portal i.e. https://www.epostoffice.gov.in. It can also be accessed through India Post website www.indiapost....
RBI grants banks freedom to offer interest rates on NRE deposits with maturity of 3 years
Annexure -15  RBI grants banks freedom to offer interest rates on NRE deposits with maturity of 3 years   RBI/2013-14/215 UBD.BPD.(PCB) CIR No.8/13.01.000/2013-14 September 3, 2013 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular UBD.BPD.(PCB) CIR No.16/13.01.000/2011-12 dated December 28, 2011 on Deregulation of Interest Rates on Non...
Liberalized Remittance Scheme – Clarifications
Annexure -14   Liberalized Remittance Scheme – Clarifications   RBI/2013-14/222 A.P. (DIR Series) Circular No.32 September 04, 2013 To All Authorised Dealer Category-I Banks Madam / Sir, Liberalized Remittance Scheme – Clarifications Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the A.P. (DIR Series) Circular No. 24 dated August 14, 2013. In this connection, Reserve Bank has been receiving queries fro...
Export and Import of Currency
Annexure -1 3 Export and Import of Currency Indian Currency limit for Resident individuals travelling abroad RBI/2013-14/233 A.P. (DIR Series) Circular No. 39 September 6, 2013 To All Category – I Authorised Dealer Banks Madam/ Sir,   Attention of Authorised Persons is invited to Regulation (2) of Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2009, notified vide Notification No. FEMA 195/RB-2009 dated July 7, 2009, in terms of which, any person ...
The Limit of carrying Rupees while travelling to India is limited to Rs. 7,500.00
Annexure -12   The Limit of carrying Rupees while travelling to India is limited to Rs. 7,500.00 RBI Clarification on Export and Import of Currency RBI/2013-14/233 A.P. (DIR Series) Circular No. 39 September 6, 2013 To All Category – I Authorised Dealer Banks Madam/ Sir, Export and Import of Currency Attention of Authorised Persons is invited to Regulation (2) of Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2009, notified vide Notification N...
Custom Duty on Flat Panel (LCD/LED/Plasma) Television Baggage
Annexure -11   Custom Duty on Flat Panel (LCD/LED/Plasma) Television Baggage   NOTIFICATION No. 84 /2013-Customs (N.T.)   New Delhi, the 19th August, 2013       G.S.R.   (E). – 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 to further amend the Baggage Rules, 1998, namely:- 1. (1)    These rules may be called the Baggage ...
The limit of NRIs Inward Remittance
Annexure -10   The limit of NRIs Inward Remittance Foreign Remittances – RBI ups limit of inward remittance to 30 in a year The Reserve Bank of India (RBI) on  8th June,2012  raised the limit on the number of foreign remittances an individual can receive from 12 to 30 per calendar year. However, the cap on the amount of each transaction has been kept unchanged at $2,500 per person.  This had been a long-standing demand from money transfer agents who had received such requests from custo...
Import of Pets as Baggage allowed only to persons transferring their residence to India
 Annexure -8  Import of Pets as Baggage allowed only to persons transferring their residence to India Circular No. 15 / 2013-Customs,    New Delhi, 8th  April, 2013 Subject:  Import of Pets under Baggage – reg.              Attention is invited to Board’s Circular No. 94/2002- Customs dated 23.12.2002 on the above cited subject wherein it was provided that import of pets upto two numbers per pas...
FDI – Allotment of Shares to person resident outside India under MoA of an Indian company – Pricing gu...
Annexure -7   FDI – Allotment of Shares to person resident outside India under MoA of an Indian company – Pricing guidelines RBI/2012-13/223 A.P. (DIR Series) Circular No. 36 September 26, 2012 To All Category – I Authorised Dealer banks Madam / Sir, Foreign Direct Investment (FDI) in India – Allotment of Shares to person resident outside India under Memorandum of Association (MoA) of an Indian company – Pricing guidelines Attention of Authorised Dealers Category-I...
Loans to Non Residents/Third Parties against Security of NRE Accounts/FCNR (B) Deposits
Annexure -6   Loans to Non Residents/Third Parties against Security of NRE Accounts/FCNR (B) Deposits RBI/2012-13/247 A. P. (DIR Series) Circular No. 44, Dated- October 12, 2012 Madam / Sir, Foreign Exchange Management (Deposit) Regulations, 2000- Loans to Non Residents / third parties against security of Non Resident (External) Rupee Accounts [NR (E) RA] / Foreign Currency Non Resident (Bank) Accounts [FCNR (B)] Deposits Attention of Authorised Dealer Category-I banks and Authorised banks (the banks) ...

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