MUMBAI: In a bid to instill more discipline among banks in managing their liquidity, the Reserve Bank of India (RBI) has asked banks not to have a negative gap in their fund outflows for the next day. Negative gap refers to a mismatch in which intere
EXIT TAX ON GRADUATES IS NOT A GOOD IDEAThe idea of an exit tax on graduates from India's highly subsidisedinstitutes like the Indian Institutes of Technology and the IndianInstitutes of Management is back on the horizon, with theparliamentary standi
Myself and the entire membership at large are shocked to read thenews of such a brutal murder of one of our such a young member Mr Paras Dugar from Naharlagun, Arunachal Pradesh.We are not only condemning such a heneous act but are alsogoing to make
As you are kindly aware, every year the ICAI submits its Pre-Budget Memorandum to the Government. These suggestions are based on the valuable inputs received from members all over the country. Following are certain broad areas, which have been identi
Don't be surprised if your organisation receives a directive from the Institute of Chartered Accountants of India (ICAI) asking you to verify the membership of your chartered accountant (CA). The ICAI, a statutory body established under the Chartered
The Central Board of Direct Taxes (CBDT) has set up five more transfer pricing commissionerates with the objective of augmenting capacity to handle transfer pricing issues that emanate out of increased volume of international transactions from the co
The government on Saturday reduced the foreign direct investment limit in internet services to 74% from 100% earlier and introduced a 6% revenue share clause that may spell costlier internet services for consumers. In its internet service policy unve
The Insurance Regulatory and Development Authority (Irda) is in the process of reviewing the entire range of unit-linked products (Ulips) that are being sold by life insurance companies. According to R Kannan, member (actuary), Irda, the review aims
The next time you hear a politician straining his vocal chords at some public forum, rest assured he would be ranting some numbers, figures, growth rates and percentages, besides the usual speech. For, the numeric ammunition will soon be supplied by
The Institute of Chartered Accountants of India (ICAI) is taking full care and precaution for its rescheduled Common Proficiency Test entrance exam scheduled for August 26. ICAI President Sunil Talati said extra efforts have been made to ensure full
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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