Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: cpt :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: list of goods taxed at 4% :: empanelment :: TDS :: ACCOUNTING STANDARDS :: VAT RATES :: VAT Audit :: due date for vat payment
 
 
News Headlines »
 Haryana extends last date for payment of property tax, to March 31, 2017
 Who can file tax returns under presumptive taxation scheme
 Income tax dept notifies amendments for sharing taxpayer information
 Seven things you must do before 31st March
 Income Tax saving investments: Top 5 options available for high-income individuals
 How to use zero tax rule on long term capital gains on stocks
 GST Returns - Furnishing details of inward supplies
 5 ways to maximise you income tax return
 Income-tax (2nd Amendment) Rules, 2017
 Soon, Faster PAN, An App For Filing Tax Returns
 Changes in income tax return filing process

Repo rate up 25 bps, reverse repo up by 50 bps
July, 27th 2010

For the fourth time in 2010, the Reserve Bank of India (RBI) has hiked the key rates in its ongoing campaign to tame inflation.

Buzz up!In its quarterly monetary policy review on Tuesday, Jul 27, the central bank hiked repo rate, the rate at which RBI lends private and public sector banks, by 25 basis points while the reverse repo rate, the rate at which the RBI borrows from banks, was increased by 50 basis points.

The Cash Reserve Ration (CRR) remains unchanged at 6 per cent.

The hike in the policy rates were expected as the inflation for Jun 2010 stands at 10.55 while the food inflation was above 12 per cent.

Earlier in a mid-cycle rate hike on Jun 3, RBI increased the repo rate by 25 basis points to 5.5 percent and the reverse repo rate by a similar quantum to 4 percent.

The apex bank's move to tighten the monetary policy had already received support from the prime minister's economic advisory council.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions