CAclubindia Articles

Importance of Clause 49

Posted by CMA Gul S 12 September 2007 8630 Views

Action against 20 firms for violating Clause 49 For the first time after the deadline for implementing Clause 49 ended in December 2005, stock market regulator, Securities and Exchange Board of India (SEBI) has initiated action against 20 listed comp

Dual tax rate under scanner

Posted by CMA Gul S 12 September 2007 4577 Views

Amid the hype about India and the rush of foreign investors, the government is dealing with a simple question: Why are tax rates lower for Indian companies, while foreign companies are subjected to a higher burden? The question, said officials, is ge

Resume Tips

Posted by CMA Gul S 12 September 2007 5763 Views

Resume Tips A Curriculum Vitae (CV) is the mirror which gives a company complete picture of the candidate. CV is a medium to market yourself.Most people underestimate the importance of a CV (resume). M! any of us put off writing our CV until last mom

Doing Business in India: Budget 2007-2008

Posted by CA Nikita 11 September 2007 6543 Views

Archana Rajaram and Daksha BaxiNishith Desai Associates, Mumbai ________________________________________The Budget presentation by the Indian Finance Minister ('FM') is an important annual fiscal event for the nation. It not only narrates the fiscal

Golden Rules for Career Success

Posted by CMA Gul S 11 September 2007 5331 Views

WORKING as a business consultant allover the world, I have discovered somebasic career-related rules that everyoneshould know-but many don't.Business is made up of ambiguous victories andnebulous defeats. Claim them all as victories.Keep track of wh

The Challenges of Financial Liberalisation for Emerging Market Economies

Posted by CMA Gul S 11 September 2007 4118 Views

The BIS recently announced that the RBI Vice-Governor, Mr Rakesh Mohan, will chair a new working group on "Capital flows and emerging economies". I would like to congratulate him for accepting to explore this complex issue. I will offer some views on

GUIDELINES ON LENDING TO PRIORITY SECTOR

Posted by CMA Gul S 11 September 2007 6149 Views

GUIDELINES ON LENDING TO PRIORITY SECTOR - Revised As announced in the Reserve Bank's Annual Policy Statement for the year 2005-06, the prescriptions relating to priority sector lending have been modified and several new areas included from time to t

Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) deposits

Posted by CMA Gul S 11 September 2007 7021 Views

Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) depositsPlease refer to paragraph 86 of the Third Quarter Review of the Annual Policy Statement for the year 2006-07 enclosed to Governor's letter No.MPD.BC.288/07.01.279/200

Deposit Insurance

Posted by CMA Gul S 11 September 2007 4908 Views

The deposit insurance system in India is subject to the Provisions of Deposit Insurance Act (enacted in 1961). Deposit Insurance and Credit Guarantee Corporation (DICGC) is the body that operates the deposit insurance system. Q1 Which banks are insu

Credit Counselling : An Indian Perspective

Posted by CMA Gul S 11 September 2007 6965 Views

(Address Delivered by Dr. Y V Reddy, Governor, Reserve Bank of India at the Foundation Day Function of the Bank of India, Mumbai on September 7, 2006) Mr. Chairman, distinguished guests and friends,I am thankful to Mr. Balachandran for providing this