Others News

Attempt to defraud using fake bank guarantee-modus operandi

28 September 2011 at 13:10

RBI/2011-12/206 DNBS(PD).CC. No.245 /03.10.42 /2011-12 September 27 , 2011 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Attempt to defraud using fake bank guarantee-modus operandi Instances of fraud have been bro

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Union Finance Minister's Address to BRICS

23 September 2011 at 17:13

Following is the Text of the address delivered by Union Finance Minister Shri Pranab Mukherjee at the BRICS Finance Ministers Meeting in Washington DC, yesterday: “We are meeting here at the time when global economic growth seems to be losi

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Returns to be submitted by NBFCs - Revised Formats

23 September 2011 at 12:23

RBI/2011-12/195 DNBS(PD).CC. No.243/03.02.02/2011-12 September 22, 2011 All Non Banking Financial Companies (excluding RNBCs) Dear Sir, Returns to be submitted by NBFCs- Revised Formats In terms of extant instructions, NBFCs are required t

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Dishonour of electronic funds transfer for insufficiency of funds in the bank account - clarification

21 September 2011 at 17:03

DOC/2011-12/191 DPSS. CO.PD.No.497/02.12.004/2011-12 September 21, 2011 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District

Posted in Others | 3 comments | 9075 Views

ICAI Invites Suggestions for Pre-Budget Memorandum-2012

21 September 2011 at 15:51

The Central Direct & Indirect Taxes Committees are in the process of identifying issues that need to be taken up in the Pre-Budget Memoranda on Direct & Indirect Taxes – 2012 to be submitted to the Ministry of Finance.

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Terms of Reference of Task Force for Direct Transfer of Subsidies Expanded to Include an Aadhaar-Enabled Unified Payment Infrastructure

20 September 2011 at 17:47

The terms of reference of the Task Force under the Chairmanship of Shri Nandan Nilekani, Chairman, Unique Identification Authority of India (UIDAI) has been expended to include an Aadhaar-enabled unified payment infrastructure. The said Task Force w

Posted in Others | 3192 Views

Appointment of Shri S.D. Majumder as Chairman of CBEC

17 September 2011 at 13:00

Appointment of Shri S.D. Majumder as Chairman of CBEC

Posted in Others | 1 comments | 4809 Views

RBI has announced today a 25 basis point increase in the policy repo rate, raising it from 8.0 per cent to 8.25

16 September 2011 at 17:20

The RBI has announced today a 25 basis point increase in the policy repo rate, raising it from 8.0 per cent to 8.25. The Union Finance Minister Shri Pranab Mukherjee said that the Reserve Bank of India (RBI)s todays step is consisten

Posted in Others | 2 comments | 5541 Views

Budget Circular 2012-13

16 September 2011 at 13:23

Budget Circular 2012-13 For details, please check the attached file:

Posted in Others | 1 comments | 8988 Views

Mid-Quarter Monetary Policy Review: September 2011

16 September 2011 at 12:33

Monetary Measures On the basis of the current macroeconomic assessment, it has been decided to: increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 8.25 per cent with immediate effe

Posted in Others | 3600 Views