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Guidelines for Preparation of Outcome Budget 2012-13

17 December 2011 at 12:13

Guidelines for Preparation of Outcome Budget 2012-13

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Mid Quarter Monetary Policy Review: December 2011

16 December 2011 at 17:08

Monetary Measures On the basis of the current macroeconomic assessment, it has been decided to: keep the cash reserve ratio (CRR) unchanged at 6 per cent; and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at

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Slowdown effect seen in advance tax

16 December 2011 at 10:56

Initial numbers show almost no increase from last year; officials say clearer picture to emerge by weekend Fears that the slowing Indian economy could be reflected in the financials of its companies intensified on Thursday with initial numbers o

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Amendment to Public Provident Fund Scheme, 1968 (PPF, 1968) and Senior Citizens Savings Scheme, 2004 (SCSS, 2004) - Payment of commission to the agents

15 December 2011 at 17:32

RBI/2011-12/299 DGBA.CDD. No. H- 3764 /15.02.001/2011-12 December 15, 2011 The Chairman and Managing Director/Managing Director Head Office, Government Accounts Department State Bank of India/State Bank of Patiala/ State Bank of Bikaner &

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Submission of Pre-Budget Memorandum, 2012 by Indirect Taxes Committee

15 December 2011 at 17:09

The Indirect Taxes Committee of the Institute has submitted the Pre-Budget Memorandum, 2012 relating to Indirect Taxes to the Ministry of Finance on 7th December, 2011. The Memorandum contains suggestions on various issues in the area of indirect

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Empanelment as a Technical Reviewer with the Quality Review Board

15 December 2011 at 17:09

The Government of India has, in exercise of the powers conferred by Sec. 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board to perform the following functions:- (a) to make recommendations to the Council with regard

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Not many options on rupee, Rangarajan says

15 December 2011 at 10:30

The Indian rupee, which has depreciated against the dollar for seven consecutive trading sessions, has shed almost 4% since last week On a day the rupee touched a new lifetime low of 53.85 against the dollar, C Rangarajan, chairman of the Prime

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Nov inflation at 9.11%, slightly above expectations

15 December 2011 at 10:30

The latest price-rise figures may complicate matters for the central bank, which was expected to shift its bias towards growth from inflation in its mid quarter monetary policy review on Friday Wholesale-price inflation in India posted a 9.11% a

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Off balance sheet items a concern for private banks

14 December 2011 at 10:34

ICICI Bank and Axis Bank rank poorly because the risk weighted average as a proportion of assets is at 83% on average compared to 74% for the other private sector peers

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United action needed to save economy: FM

14 December 2011 at 10:34

A day after leader of opposition in Rajya Sabha Arun Jaitley blamed the government for policy paralysis, finance minister Pranab Mukherjee suggested that coalition compulsions cannot be called policy paralysis. He said the nation needed "co

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