Others News


Increase in petrol,diesel and LPG prices

   04 June 2008 at 19:27

The Public Sector Oil Marketing Companies (IOCL, BPCL and HPCL) have been moderating the impact of high international oil prices, which have touched record highs. The Indian Basket of Crude oil is $ 123/bbl, having recently touched its highest level

Posted in Others |   6063 Views


Exports up by 31.5% in April 2008

   02 June 2008 at 15:55

India’s exports during April, 2008 were valued at US $ 14400 million (Rs.57633 crore) which was 31.5 per cent higher in dollar terms (24.8 per cent in Rupee terms) than the level of US $ 10953 million (Rs.46164 crore) during April, 2007. Indi

Posted in Others |   3006 Views


Making a financial plan is imperative

   26 May 2008 at 12:51

The framework has to take into account the family's goals, "If I have eight hours to cut a tree, I'll spend six hours sharpening the axe" -we all would have heard this pithy aphorism.

Posted in Others |   3666 Views


RBI for watch on transactions above Rs10 lakh

   23 May 2008 at 11:14

Central bank steps up vigil against money launderingAuthor : Team DNATightening the anti-money laundering norms, the Reserve Bank of India on Thursday made it mandatory for banks to report all suspicious transactions

Posted in Others |   5142 Views


Comodities transaction tax to come into force by July

   07 May 2008 at 14:12

The CTT, which will be administered by the Central Board of Direct Taxes (CBDT), will be levied at the rate of 0.017 per cent on sellers of commodity futures as well as options. Purchasers of options, who exercise them, will pay 0.125 per cent on the

Posted in Others |   4566 Views


RBI issues norms regarding recovery agents

   29 April 2008 at 09:05

In view of the rise in the number of disputes and litigations against banks for engaging recovery agents in the recent past, it is felt that the adverse publicity would result in serious reputational risk for the banking sector as a whole.

Posted in Others |   6138 Views


Stamp duty payment to be made online

   29 April 2008 at 08:53

 Stamp duty payment to be made onlineThe government is all set to instigate a centralized electronic stamp duty payment and online vetting of charter of new companies, irrespective of the states where they are set up. Entrepreneurs will soon be

Posted in Others |   8088 Views


RBI hikes CRR by 50 basis points

   19 April 2008 at 01:21

Joining the government in battling the skyrocketing inflation, the Reserve Bank of India (RBI) today hiked the cash reserve ratio (CRR) by 50 basis points to 8%. The ratio indicates the amount of money banks have to keep with RBI as a percentage

Posted in Others |   3192 Views


SC order No expiry date for use of stamp paper

   15 April 2008 at 10:39

To download the judgment click on the link belowSC order No expiry on date of stamp paper

Posted in Others |   7866 Views


ICAI increases intake to meet shortage of CAs

   11 April 2008 at 18:38

ICAI increases intake to meet shortage of CAsSource: Business StandardTo meet the growing demand for chartered accountants, the Institute of Chartered Accountants of India (ICAI) has upped its intake of students.It admitted a record 125,000 students

Posted in Others  2 comments |   8538 Views



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