Economy
This query is : Resolved
07 December 2009
Reduce India's national dependence on dollar trade so much that nobody wants dollars any more. Its value will fall.
or
Enlarge our (India's) national exports so much (say 5% of global trade) that we have so many dollars that its value will fall.
there are many other ways....
or
Enlarge our (India's) national exports so much (say 5% of global trade) that we have so many dollars that its value will fall.
there are many other ways....
07 December 2009
The reason is very simple Ms. Harika, it is based on the Demand and Supply Concept. Dollar has more demand than Rupees, hence, its value is more compared to Rupees. The following is the reason for the increased value of dollar as compared to rupees:
1) India import's more than what it export's to other country.
2) Due to above, the demand for dollar increases, since the importers are required to make payment in dollars.
3) And since our export is less, there is less inflow of foreign currency in India.
1) India import's more than what it export's to other country.
2) Due to above, the demand for dollar increases, since the importers are required to make payment in dollars.
3) And since our export is less, there is less inflow of foreign currency in India.
12 January 2010
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- FEMA regulation Act. for inward remitance
- Rental income of jointly held property
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
