CAclubindia News


8 new overseas Income Tax (IT) Units in Indian Missions abroad to be set-up under the Double Taxation Avoidance Agreement

   28 July 2010 at 10:35

8 new overseas Income Tax (IT) Units in Indian Missions abroad to be set-up under the Double Taxation Avoidance Agreement It is proposed to create 8 new overseas Income Tax (IT) Units in Indian Missions abroad to have effective exchange of informa

Posted in Income Tax  3 comments |   4248 Views


Interest rates to remain unchanged till Oct: Bankers

   28 July 2010 at 10:03

Interest rates to remain unchanged till Oct: Bankers Leading bankers on Tuesday ruled out any rise in the interest rate regime in the second quarter despite the increased pressure on the rates following the Reserve Bank policy action. Admitting t

Posted in Others |   3471 Views


FM Says Monetary Policy Measures Announced by RBI Today Would Further Ease Inflation

   27 July 2010 at 17:28

FM Says Monetary Policy Measures Announced by RBI Today Would Further Ease Inflation Union Finance Minister, Shri Pranab Mukherjee has stated that monetary policy measures announced by Reserve Bank of India today will lead to easing of inflati

Posted in Others |   2097 Views


Core Group on IFRS from India and the IFRS Council of Japan Sign Memorandum of Understanding on IFRS

   27 July 2010 at 17:26

Core Group on IFRS from India and the IFRS Council of Japan Sign Memorandum of Understanding on IFRS India and Japan have signed a historic Memorandum of Understanding (MOU) on IFRS. It was signed in Japan between the Core Group on IFRS constitute

Posted in Accounts |   5385 Views


First Quarter Review of Monetary Policy 2010-11: Press Statement by Dr. D. Subbarao, Governor

   27 July 2010 at 16:11

First Quarter Review of Monetary Policy 2010-11: Press Statement by Dr. D. Subbarao, Governor "This morning, the Reserve Bank released the First Quarter Review of Monetary Policy for 2010-11 at a meeting of the chief executives of major banks

Posted in Others |   1953 Views


RBI hikes short term rates to tame inflation

   27 July 2010 at 13:48

RBI hikes short term rates to tame inflation The Reserve Bank has raised its short-term lending and borrowing rates by 0.25 pc and 0.50 pc respectively to bring inflation to 6 pc by March 2011 from double digits now, but the move would put pressur

Posted in Others |   2607 Views


First Quarter Review of Monetary Policy 2010-11

   27 July 2010 at 13:28

First Quarter Review of Monetary Policy 2010-11 By Dr. D. Subbarao Governor Introduction This First Quarter Review is being made in a macroeconomic environment that has changed significantly since our April policy announcement. At that time

Posted in Others |   3978 Views


RBI likely to raise key policy rates today: Experts

   27 July 2010 at 10:15

RBI likely to raise key policy rates today: Experts The Reserve Bank is likely to increase key policy rates by at least 25 basis points in its first quarterly review of the monetary policy on Tuesday to tame inflationary expectations. "I thi

Posted in Others |   3453 Views


Discontinuance of CA Final Examination under the old syllabus

   26 July 2010 at 16:59

Discontinuance of CA Final Examination under the old syllabusImportant Announcement for students of CA Final (Old) Course BoS/Announcement/227/10 July 26, 2010 Sub: Discontinuance of CA Final Examination under the old syllabus.------------

Posted in Students  20 comments |   21267 Views


FM Calls for Double Digit Contribution of Direct Taxes to GDP

   26 July 2010 at 10:21

FM Calls for Double Digit Contribution of Direct Taxes to GDP Revised Citizens’ Charter Released I-T Department Celebrates 150 Years of Income Tax in India The Finance Minister Shri Pranab Mukherjee has asked the income tax department to mak

Posted in Income Tax |   4560 Views