EASYOFFICE

Others News


Rate hike looms as Sept inflation stays high at 9.72%

   15 October 2011 at 12:26

Indias inflation rate continued to remain close to worrisome double-digit levels bolstering speculation that the Reserve Bank of India (RBI), despite a slowing economy, may increase interest rates yet again to cool prices when it presents t

Posted in Others |   2568 Views


MCA advises to file ROC return before Diwali

   15 October 2011 at 12:21

Ministry of Corporate Affairs desires that the members of the institute may file Company's Balance Sheet and Annual Return at the earliest preferably before festival time of Diwali to avoid last minute rush and system congestion in MCA21

Posted in Others  1 comments |   3531 Views


IMF revises down India's GDP forecast to 7.5% for '12

   14 October 2011 at 11:53

The Indian economy would grow by 7.8% in 2011 and by an even slower 7.5% next year, the International Monetary Fund (IMF) said on Thursday, citing less-than-anticipated recovery in advanced economies and the uncertain global outlook. "In Indi

Posted in Others  1 comments |   4155 Views


Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011 approved

   13 October 2011 at 15:25

The Union Cabinet today approved introduction of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011 in the next session of Parliament. The proposed amendments would enable banks to improve their operational eff

Posted in Others  2 comments |   5844 Views


IIP, inflation to decide RBI move

   13 October 2011 at 15:21

Two sets of data to be released this week - industrial output growth for August and consolidated monthly inflation for September - would largely determine the Reserve Bank of India's (RBI's) next move on interest rate hikes. Policy makers

Posted in Others |   2799 Views


RBI turns heat on banks to check bad loans

   13 October 2011 at 15:21

Following the recent downgrade of the country’s largest lender State Bank of India by credit rating agency Moody’s Investor Services, the Reserve Bank of India (RBI) has asked banks to focus on recovery and follow a stringent credit ap

Posted in Others  1 comments |   3465 Views


Industrial growth slows to 4.1% in August

   13 October 2011 at 15:21

Pressure built up on RBI over interest rates on Wednesday as India’s industrial output grew by 4.1% year-on-year in August. Factory output had grown by 3.8% in July and 4.5% in the year-ago period, with rising input costs and costlier loans

Posted in Others |   2118 Views


Based on the request of the members, The last date for receipt of the comments on Exposure Draft of Guidance Note-Cost Accounting Standards(CAS-4) has been extended upto 31st October, 2011

   11 October 2011 at 11:17

The Institute has already released the revised Guidance Note on CAS-4 and requested for comments / suggestions on the same upto 10th October 2011. Based on the request of the members it has been decided to extend the last date for submission o

Posted in Others |   3774 Views


ICAI statement on the matter of Global Trust Bank

   08 October 2011 at 14:49

The Council of The Institute of Chartered Accountants of India (ICAI), on consideration of the Report of the Disciplinary Committee with respect to Shri P.Rama Krishna and another in the matter of Global Trust Bank (GTB) for the year 2000-01 deci

Posted in Others |   5988 Views


Committee to examine ways to strengthen laws to curb generation of black-money in India, its illegal transfer and abroad and its recovery

   07 October 2011 at 18:58

The Central Board of Direct Taxes, Department of Revenue, it has been decided with the approval of competent authority that the Committee to examine ways to strengthen laws to curb generation of black-money in India, its illegal transfer and abroa

Posted in Others |   2841 Views