News Update

Kolkata DRI seizes 12.4 kg elephant tusk being smuggled from Assam to NepalDigital India successing becoz of people's pull: PMFish eats plastic & humans eat fish - serious health hazard: MinisterI-T - When assessee was only a licensee, not having exclusive rights over a property, vide unregistered document, it cannot claim to be owner of property for purpose of Sec 22: HCRailways relaxes upper age limit for Group C postsIndia to create digital health platform for better service delivery: NaddaST/CX - No vested right exists to avail benefit of unutilized amount of EC or SHE credit - Article 14 is not offended - Petition dismissed: HCIndian delegation promotes cinema in European Film MarketNo GST is leviable on goods sold/transferred while remaining in Customs bonded warehouseI-T - If assessee-society enters into contract with State Govt to cook & supply mid-day meals at schools, such activity is not necessarily in nature of trade and business: HCLeviability of IGST and as well as Compensation cess under Customs ActCX - CENVAT -Since Respondent's factory occupied 95% of factory area, they are entitled for 95% of total CENVAT credit on common input services: CESTATTripura elections - 75% voter turnout recordedIndia has potential to do much better, says FM in RiyadhIranian Plane Crash - 66 pax feared killedAG expresses concern over CBEC cases being dismissed by SC on ground of delayTime to shift focus from acronyms to gaps in performanceGST - Industry reports cumbersome procedures & high cost of complianceFICCI Survey finds compression in cost of funds indexDomestic air travel registers 20% growth in January, 2018Globalisation Index - India loses 16 places to rank 78India, Iran sign MoU to set up Expert Group on Trade Remedy MeasuresIndia to launch Chandrayaan-2 in AprilGST - Many States want GST Council to discuss inclusion of real estate at next meetingSeaports located at Dhamra Port and Dighi Port included for availing export promotion benefits under Chapter 4 of FTPGovt working on formulation of National Automotive PolicyCBEC accepts 63 Court Orders to reduce litigationTax Season Has Started, Here's Your To-Do List for This SeasonGST: Death of the Salesman?
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EXCHANGE CONTROL MANUAL

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Chapter
Subject  
1.
Introduction
2.
Permitted Currencies and Methods of Payment
3.
Foreign Exchange Transactions with Public
Annexure II: Guidelines for hedging of commodity price exposures
Annexure I: CBDT circular and form of undertaking/certificate
4.
Authorised Dealers' Dealing with Reserve Bank
5.
Accounts of Non-resident Banks and Inter-bank Dealings
Annexure: Guidelines for foreign exchange exposure limits of
6.
Exports of Goods, Software, Currency etc.
Annexure : List of Exports Promotion Councils and Other Grantee
7.
Import of Goods, Currency, etc., Merchanting Trade and other
Annexure : Guidelines for Handling Import Bills - Operating
8.
Foreign Travel and Miscellaneous Remittance
Annexure V : Guidelines to authorised dealers for scrutiny of
Annexure IV : Guidelines for granting remittance facilities
Annexure III : Guidelines for acceptance of passage fare/freight
Annexure II : Use of International Credit Cards
Annexure I : Guidelines for release of exchange for travel abroad
9.
Investments/Offices Abroad
Annexure III : Terms and Conditions for investment in JV/WOS
Annexure II : Guidelines to Authorised Dealers for approval
Annexure I : Guidelines for Indian Direct Investment in Joint
10.
Foreign Investment in India (Part 1 of 2)
Foreign Investment in India (Part 2 of 2)
11.
Foreign/FERA Companies and Foreign Nationals
12.
Bank Accounts and other Assets Overseas of Residents
Annexure : Scheme for issue of ADR/GDR Linked Stock Option for
13.
Rupee Accounts of Non-residents other than Banks
14.
Foreign Currency Accounts in India
Annexure II : Resident Foreign Currency Accounts Scheme
Annexure I : List of additional purposes for which funds in
15.
Insurance
16.
Returns and Statements
Annexure I : Guide to Authorised Dealers for Compilation of
Supplement on 'Exchange Control Regulations applicable to Nepal