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CS UPDATE JULY
8-12,2013
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TAX
UPDATE
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TRANSFER PRICING - COMPUTION OF ARM'S LENGTH PRICE
-APPLICATION OF PROFIT SPLIT METHOD - WITHDRAWAL OF CIRCULAR NO. 2/2013,
DATED 26-3-2013 (CIRCULAR NO. 5/2013 [F. NO. 500/139/2012-FTD-I],
DATED 29-6-2013)
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TRANSFER PRICING - COMPUTATION OF ARM'S LENGTH PRICE -
CLARIFICATIONS ON FUNCTIONAL PROFILE OF DEVELOPMENT CENTERS ENGAGED IN
CONTRACT R&D SERVICES WITH INSIGNIFICANT RISK - CONDITIONS RELEVANT
TO IDENTIFY SUCH DEVELOPMENT CENTERS - AMENDMENT OF CIRCULAR NO. 3/2013,
DATED 26-3-2013 (CIRCULAR
NO. .06/2013 [F NO. 500/139/2012], DATED 29-6-2013)
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INCOME-TAX (9TH AMENDMENT) RULES, 2013
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RBI UPDATE
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ANTI-MONEY LAUNDERING (AML)/COMBATING OF FINANCING OF
TERRORISM (CFT) – STANDARDS (CIRCULAR
NO. RBI/2013-14/123 RPCD.RRB.RCB.AML.NO. 342/07.51.018/2013-14 DATED
JULY 05, 2013)
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EXTERNAL COMMERCIAL BORROWINGS (ECB) POLICY - NON-BANKING
FINANCE COMPANY – ASSET FINANCE COMPANIES (NBFC - AFCS) (CIRCULAR NO. RBI/2013-14/126 A.P. (DIR
SERIES) CIRCULAR NO. 6 DATED
JULY 8, 2013)
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RISK MANAGEMENT AND INTER BANK DEALINGS (CIRCULAR NO. RBI/2013-14/127 A.P. (DIR SERIES)
CIRCULAR NO. 7 DATED JULY 8,
2013)
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ANTI-MONEY LAUNDERING (AML)/COMBATING OF FINANCING OF
TERRORISM (CFT) – STANDARDS – PRIMARY (URBAN) CO-OPERATIVE BANKS (CIRCULAR NO. RBI/2013-2014/128
UBD.BPD(AD).CIR.NO.1/14.01.062/2013-14 DATED JULY 9, 2013)
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DIRECT BENEFIT TRANSFER (DBT) SCHEME (CIRCULAR NO. RBI/2013-14/129
RPCD.CO.LBS.BC.NO.11/02.01.001/2013-14 DATED JULY 9, 2013)
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ASSIGNMENT OF LEAD BANK RESPONSIBILITY IN DISTRICTS OF
METROPOLITAN AREAS (CIRCULAR
NO. RBI/2013-14/130 RPCD.CO.LBS.BC.NO. 12/02.08.001/2013-14 DATED JULY
11, 2013)
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OVERSEAS
INVESTMENTS – SHARES OF SWIFT (CIRCULAR NO. RBI/2013-14/131 A.P.
(DIR SERIES) CIRCULAR NO.8 DATED JULY 11, 2013)
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TRADE
CREDITS FOR IMPORTS INTO INDIA – REVIEW OF ALL (CIRCULAR NO. RBI/2013-14/132 A.P. (DIR SERIES) CIRCULAR NO.9 DATED JULY 11, 2013)
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EXTERNAL
COMMERCIAL BORROWINGS (ECB) POLICY – REFINANCING / RESCHEDULING OF ECB
(CIRCULAR
NO. RBI/2013-14/133 A.P. (DIR SERIES) CIRCULAR NO.10 DATED JULY 11,
2013)
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EXTERNAL
COMMERCIAL BORROWINGS (ECB) POLICY – REVIEW OF ALL-IN-COST CEILING (CIRCULAR
NO.RBI/2013-14/134 A.P. (DIR SERIES) CIRCULAR NO.11 DATED JULY 11, 2013)
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SEBI UPDATE
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ARBITRATION MECHANISM IN STOCK EXCHANGES (CIRCULAR NO. CIR/MRD/ICC/20/2013 DATED
05.07.2013)
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REVISED
POSITION LIMITS FOR EXCHANGE TRADED CURRENCY DERIVATIVES (CIRCULAR
NO. CIR/MRD/DP/ 22
/2013 DATED JULY 08, 2013)
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FII/QFI INVESTMENTS IN SECURITY RECEIPTS (CIRCULAR NO. CIR/IMD/FIIC/9/2013 DATED JULY 09,
2013)
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DIPP UPDATE
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AMMONIUM NITRATE (AMENDMENT) RULES, 2013 (Notification GSR 469 (E) DATED 09.07.2013)
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TRAI UPDATE
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THE
TELECOMMUNICATION CONSUMERS EDUCATION AND PROTECTION FUND( SECOND
AMENDMENT) REGULATIONS, 2013
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NEW
GUIDELINES FOR ACTIVATION AND DE_ACTIVATION OF VALUE ADDED SERVICES
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IPR UPDATE
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INTERNATIONAL
REGISTRATION OF TRADEMARKS UNDER MADRID PROTOCOL (PUBLIC NOTICE NO.
CG/PUBLICNOTICE/TMR/2013 DATED 08.07.2013)
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FINMIN UPDATE
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AGREEMENT
SIGNED BETWEEN THE REPUBLIC OF INDIA AND THE REPUBLIC OF ALBANIA FOR THE
AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH
RESPECT TO TAXES ON INCOME AND ON CAPITAL (SOURCE PIB DATED JULY 8, 2013)
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IIRC CONSULTATION
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CONSULTATION DRAFT OF THE INTERNATIONAL <IR> FRAMEWORK.
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LEGAL TERM DURING THE WEEK
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“ Tortum”
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Civil wrong actionable without
contract.
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“Jus
scriptum”
|
Written Law
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“Contemporanea expositio est optima et fortissima lege”
|
A contemporaneous exposition or language is the best and
strongest in Law
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“Suppressio veri “
|
Suppression of previous knowledge
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“Ipso
facto”
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By the very nature of the case.
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ICSI UPDATES
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NATIONAL
SEMINAR ON INVESTOR
EDUCATION & PROTECTION FOR INCLUSIVE GROWTH, BHUBANESWAR JULY 27,
2013
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14TH
NATIONAL CONFERENCE OF PRACTISING COMPANY SECRETARIES JULY 19-20, 2013
(KOLKATA)
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ARTICLES
INVITED FOR 14TH NATIONAL CONFERENCE OF PRACTISING COMPANY
SECRETARIES JULY 19-20, 2013 (KOLKATA)
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ARTICLES INVITED FOR CHARTERED SECRETARY-GUIDELINES
FOR AUTHORS
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“PRACTISING
COMPANY SECRETARIES” EMPANELMENT AS A "PEER REVIEWER”
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CCGRT ANNOUNCES CERTIFICATE COURSE ON VALUATION
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CCGRT
ANNOUNCES PROGRAM ON
CONSENT ORDERS UNDER SEBI & COMPLIANCES AND COMPOUNDING UNDER FEMA JULY 20, 2013
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NIRC
ANNOUNCES EXHIBITION
OF CRAFTS, ARTS, PHOTOGRAPHS, PAINTINGS & SOUVENIR JULY 28, 2013
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ICSI
PUBLICATIONS
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To subscribe Journal(s)/ purchase
publications click here
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Directorate
of Professional Development, The ICSI. Email: csupdate@icsi.edu
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