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RBI Increasing Policy Rates to Contain Inflation
08 September 2011 at 10:04RBI has been increasing policy rates to contain inflation and inflationary expectation to prevent the economy from getting overheated. The Reserve Bank of India (RBI) has raised the policy rate (the repo rate) eleven times by a cumulative 325 basis
Due date for submission of ITR-V extended
08 September 2011 at 10:03The due date for submission of ITR-V for A.Y. 2010-11 has been extended upto 31.10.2011 or 120 days from the date of upload whichever is later.
CWA - President Communique September, 2011
07 September 2011 at 16:08Progress of any nation depends on the way the country’s governance aligns with the social and economic environment, with the capability to support each other.
RTGS service charges for members
07 September 2011 at 12:18RBI/2011-12/166 DPSS (CO) RTGS No.388/04.04.002/2011-2012 September 05, 2011 Chairman and Managing Director / Chief Executive Officer of all RTGS participants Madam / Dear Sir, RTGS service charges for members As you are aware, the Re
CBDT has issued instructions handling over of charge
07 September 2011 at 11:52CBDT has issued instructions handling over of charge
In 2010-11 the Increase in GDP over the Previous Year is 20.2% while the Corresponding Increase in External Debt is 15.9%
07 September 2011 at 11:51Details of India’s external debt and its annual growth rate, Gross Domestic Product (GDP) at market prices (at current prices) and its annual growth during the period 2008-09 to 2010-11 is given below: Year Exte
Modification in PPF Scheme: Deposit Limit Raised from Rs. 70,000 to Rs. One Lac while Rate of Interest on Advances Against Deposits in PPF Scheme Raised from 1% to 2 Percentage Points
06 September 2011 at 18:09The Committee on Comprehensive Review of National Small Savings Fund (NSSF) headed by Deputy Governor, RBI has recommended revision of certain provisions of PPF Scheme, 1968 and benchmarking of interest rates on various small savings schemes with
Reduction of Taxes on Petro-Products
06 September 2011 at 18:03With effect from 25th June, 2011, the Central Government has reduced basic customs duties on crude from 5% to Nil, on petrol and diesel from 7.5% to 2.5% and on other petroleum products from 10% to 5%. Similarly, the basic excise du
Government Takes Necessary Action to Protect Markets while Keeping Close Watch on Global Developments
06 September 2011 at 18:03The uncertainty in the global markets due to recent developments in United States of America (USA) and Eurozone has had some impact on major markets across the globe, including India. However, Indian markets were less affected as compared to some
Revised Schedule VI (shall be effective from 01.04.2011)
06 September 2011 at 15:53General Circular No. 62/2011 F.No 17/244/2011-CL.V Government of India Ministry of Corporate Affairs 5th floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated the 5th Sept, 2011 To, All Regional Directors All
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