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Interest rates of small saving schemes to be recalibrated

   17 February 2016 at 16:20

Interest Rates of Small Saving Schemes to be recalibrated w.e.f. 1.4.2016 on a Quarterly Basis to align the small saving interest rates with the market rates of the relevant Government securities;Interest rate on savings schemes based on laudable Soc

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New President and Vice President of ICAI elected FY 2016-17

   12 February 2016 at 18:38

The Institute of Chartered Accountants of India (ICAI) is a statutory body established by the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India. The affairs of the ICAI are managed by a Council in

Posted in Others  15 comments |   22635 Views


India continues to be one of the fastest growing economies

   08 February 2016 at 10:52

FM: India continues to be one of the fastest growing economies in the world, but there is still potential to grow at a much faster pace; more incentives to agriculture sector for increasing both agriculture production and productivity.The Union Finan

Posted in Others  1 comments |   10806 Views


RTGS service charges for members and customers - Rationalisation

   05 February 2016 at 11:43

RBI/2015-16/306DPSS (CO) RTGS No.1926/04.04.002/2015-16February 4, 2016The Chairman / Managing Director / Chief Executive Officer of participants of RTGSMadam / Sir,RTGS service charges for members and customers - RationalisationA reference is invite

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Govt sets up tax policy research unit and tax policy council

   03 February 2016 at 10:33

Government sets-up Tax Policy Research Unit and Tax Policy Council to bring consistency, multidisciplinary inputs, and coherence in Tax Policy The Tax Administration Reform Commission (TARC) have in their First Report, identified handling of tax pol

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Modifications in the Gold Monetisation Scheme

   27 January 2016 at 11:14

Government had launched the Gold Monetisation Scheme (GMS) on 5th November, 2015. Thereafter a number of suggestions have been received to make the scheme easier for the customers to participate. Accordingly, in consultation with Government, RBI has

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Indian economy emerges as one of the fastest growing economies of the world

   08 January 2016 at 10:16

FM: Indian economy has emerged as one of the fastest growing economies in the world with its GDP growth accelerated at 7.3 percent in 2014-15; Economy is firmly on the path of economic revival The Union Finance Minister Shri Arun Jaitley said that I

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Issue of free books to the flood affected victims in Tamil Nadu

   22 December 2015 at 16:11

The Council of the Institute of Chartered Accountants of India (ICAI) expresses its profound grief to the families of the people affected by the recent floods in Tamil Nadu.The Institute offers assistance by providing Study Materials, free of cost, t

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Cabinet approves Real Estate Bill, 2015

   10 December 2015 at 11:03

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Real Estate (Regulation and Development) Bill, 2015, as reported by the Select Committee of Rajya Sabha. The Bill will now be taken up for consideration and passing b

Posted in Others  4 comments |   10716 Views


RBI keeps repo rate unchanged at 6.75%

   02 December 2015 at 10:54

Fifth Bi-monthly Monetary Policy Statement, 2015-16By Dr. Raghuram G. Rajan, GovernorMonetary and Liquidity MeasuresOn the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: keep the policy repo rate

Posted in Others |   7827 Views