Friday, 8 June 2012

[www.keralites.net] Foreign Remittances – RBI ups limit of inward remittance to 30 in a year

 

The Reserve Bank of India (RBI) on Friday 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 customers.
According to experts, India is the largest receiver of remittances from other countries. A report released by the World Bank suggested remittances to India would be $64 billion in 2011, marginally higher than those to China. The World Bank had revised the estimates from $58 billion on the basis of the view that a weak rupee and robust economic activities in the Gulf countries would lead to a surge in remittances
 
RBI/2011-12/596
A. P. (DIR Series) Circular No. 132
June 8, 2012
To,
All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme.
Madam/ Sir,
Money Transfer Service Scheme
Attention of all Authorised Persons (APs), who are Indian Agents under the Money Transfer Service Scheme (MTSS) is invited to paragraph 5 © of the Notification dated June 4, 2003 on MTSS and the specific permission accorded to them under FEMA, 1999 by the Reserve Bank to undertake inward cross-border money transfer activities in India, through tie-up arrangements with Overseas Principals.
2. It has been decided to increase the number of remittances from 12 to 30 to be received by a single individual beneficiary in a calendar year.
3. All other instructions contained in the said Notification ibid, as amended from time to time remain unchanged.
4. These guidelines would also be applicable mutatis mutandis to all Sub Agents of the Indian Agents under MTSS and it will be the sole responsibility of the APs (Indian Agents) to ensure that their Sub Agents also adhere to these guidelines.
5. Authorised Persons (Indian Agents) may bring the contents of this circular to the notice of their constituents concerned.
6. The directions contained in this Circular have been issued under Sections 10(4) and 11(1) of the Foreign Exchange Management  Act, 1999 (42 of 1999) and are without prejudice to permissions/approvals if any, required under any other law.
Yours faithfully,
(Rudra Narayan Kar)
Chief General Manager

www.keralites.net

__._,_.___
Recent Activity:
KERALITES - A moderated eGroup exclusively for Keralites...
To subscribe send a mail to Keralites-subscribe@yahoogroups.com.
Send your posts to Keralites@yahoogroups.com.
Send your suggestions to Keralites-owner@yahoogroups.com.

To unsubscribe send a mail to Keralites-unsubscribe@yahoogroups.com.

Homepage: www.keralites.net
.

__,_._,___

[www.keralites.net] വിമാനത്തില്‍ നിന്ന്‌ ഇറങ്ങാതെ യാത്രക്കാരുടെ പ്രതിഷേധം‍

 

നെടുമ്പാശ്ശേരിയില്‍ വിമാനത്തില്‍ നിന്ന്‌ ഇറങ്ങാതെ യാത്രക്കാരുടെ പ്രതിഷേധം‍

 

കൊച്ചി: നെടുമ്പാശ്ശേരി വിമാനത്താവളത്തില്‍ വിമാനത്തില്‍ നിന്ന്‌ ഇറങ്ങാതെ യാത്രക്കാരുടെ പ്രതിഷേധം. ദോഹ-കോഴിക്കോട്‌ എയര്‍ ഇന്ത്യ എക്‌സ്പ്രസാണ്‌ പ്രതിഷേധ വേദിയായത്‌. യാത്രക്കാരെ കോഴിക്കോട്ട്‌ ഇറക്കാതെ കൊച്ചിയില്‍ എത്തിച്ചതാണ്‌ പ്രതിഷേധ കാരണമായത്‌.

കോഴിക്കോട്‌ ഇറങ്ങാന്‍ അനുമതി ലഭിക്കാത്തതു കാരണമാണ്‌ കൊച്ചിയില്‍ ഇറങ്ങിയത്‌ എന്നാണ്‌ എയര്‍ലൈന്‍സ്‌ അധികൃതര്‍ നല്‍കുന്ന വിശദീകരണം. എമിഗ്രേഷന്‍ പരിശോധനക്ക്‌ ശേഷം കോഴിക്കോട്ടേക്ക്‌ മറ്റൊരു വിമാനത്തില്‍ അയക്കാം എന്ന്‌ അധികൃതര്‍ നല്‍കിയ ഉറപ്പ്‌ ഇരുന്നൂറോളം വരുന്ന യാത്രക്കാര്‍ ചെവിക്കൊണ്ടില്ല. പരിശോധന കഴിഞ്ഞാല്‍ അധികൃതരുടെ ഉത്തരവാദിത്വം അവസാനിക്കുമെന്ന കാരണം ചൂണ്ടിക്കാട്ടിയാണ്‌ പ്രതിഷേധം.


www.keralites.net

__._,_.___
Recent Activity:
KERALITES - A moderated eGroup exclusively for Keralites...
To subscribe send a mail to Keralites-subscribe@yahoogroups.com.
Send your posts to Keralites@yahoogroups.com.
Send your suggestions to Keralites-owner@yahoogroups.com.

To unsubscribe send a mail to Keralites-unsubscribe@yahoogroups.com.

Homepage: www.keralites.net
.

__,_._,___

[www.keralites.net] Your Happiness

 

Fun & Info @ Keralites.net 
Fun & Info @ Keralites.net 
Fun & Info @ Keralites.net 

Make your happiness the number one thing in your life. 
Happiness is an inside job. 

You can completely transform any relationship,
no matter what it's like right now.

Every single relationship you have is a reflection of
how you feel inside about you. 
You are a magnet attracting to you all things, 
via the signal you are emitting through 
your thoughts and feelings. 

Every relationship you have and every interaction with 
every person, is a reflection of your own thoughts and 
feelings in that very moment.

To transform every single relationship you have in your life.

Fall in love with YOU!

Make lists of hundreds and hundreds of wonderful things about you. 
Keep adding to it every day.

Know that you are perfect. Do not think any 
negative thoughts about you.

Know that you are worthy and deserving of anything 
and everything you could possibly want in your life.

Focus on the wonderful things in every person.       
Look for only those things.

Do not blame or criticize anybody,ever.

Set an intention that you are going to see the 
best in everything and everyone.

Make your happiness the number one thing in your life. 
Happiness is an inside job.

Free yourself of the responsibility of trying to make other people happy. 
Respect and love them enough to allow them to take care of their own happiness.

Get your attention off those things in others that don't make you feel good.

Appreciate and love yourself in every moment you can.

Do not expect others to behave in a way you want, so you will be happy. 
Release yourself forevermore and know that you alone control your happiness 
and it is a choice, no matter what anyone  else is doing.

Love and respect yourself completely.
Know that you are perfect right now.
 
Fun & Info @ Keralites.net 
Fun & Info @ Keralites.net 

www.keralites.net

__._,_.___
Recent Activity:
KERALITES - A moderated eGroup exclusively for Keralites...
To subscribe send a mail to Keralites-subscribe@yahoogroups.com.
Send your posts to Keralites@yahoogroups.com.
Send your suggestions to Keralites-owner@yahoogroups.com.

To unsubscribe send a mail to Keralites-unsubscribe@yahoogroups.com.

Homepage: www.keralites.net
.

__,_._,___

[www.keralites.net] Crazy Photos

 

Crazy Photos...!

=====================================================================================================================================================================

Fun & Info @ Keralites.net



Fun & Info @ Keralites.net




Fun & Info @ Keralites.net



Fun & Info @ Keralites.net




Fun & Info @ Keralites.net


Fun & Info @ Keralites.net




Fun & Info @ Keralites.net



Fun & Info @ Keralites.net




Fun & Info @ Keralites.net


Fun & Info @ Keralites.net




Fun & Info @ Keralites.net


Fun & Info @ Keralites.net




Fun & Info @ Keralites.net
www.keralites.net

__._,_.___
Recent Activity:
KERALITES - A moderated eGroup exclusively for Keralites...
To subscribe send a mail to Keralites-subscribe@yahoogroups.com.
Send your posts to Keralites@yahoogroups.com.
Send your suggestions to Keralites-owner@yahoogroups.com.

To unsubscribe send a mail to Keralites-unsubscribe@yahoogroups.com.

Homepage: www.keralites.net
.

__,_._,___