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: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: VAT RATES :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: cpt :: TDS :: due date for vat payment :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: form 3cd :: list of goods taxed at 4%
 
 
Finance BillBudget (Interim)Budget-2006
Finance Bills »
 The Companies (Removal Of Difficulties) Seventh Order - dated 4th Sept 2014 New
 Finance & Commerce Ministry to discuss draft BIPA model tomorrow
 Union Finance Minister Shri Arun Jaitley said that the revenue targets fixed for Direct Taxes for the current Financial Year 2014-15 would not only be achieved but would also be surpassed
 Finance ministry may pitch for higher tax exemption on health insurance
 Finance minister reviews annual performance of public sector banks and financial institutions for 2013-14; calls for tougher action against wilful defaulters; highest ever more than 10,000 new branches opened during 2013-14
 India Infrastructure Finance Company to raise Rs 7,000 crore through tax-free bonds
 Finance Ministry hopes RBI focusses on promoting growth in policy tomorrow
 Wary of chit fund scam, finance ministry to fast-track Prize Chit Banning Act amendments
 Finance Ministry appoints auditors without consulting RBI, step aimed at avoiding conflict of interest
 Parliament heads for gridlock as consent on financial reform bills unlikely
  NBA players take high-stakes fight to court

New T-bills to allow more flexibility: Finance Secy
August, 11th 2009

The government said its plans to raise funds through a new kind of instrument will provide more flexibility for its cash management.

"It (Cash Management Bills) will provide more flexibility for cash management," Finance Secretary Ashok Chawla said on the sidelines of annual conference of Chief Commissioners and Director Generals of income tax.

He said the new short-term treasury bills will be part of the government's same borrowing programme.

To meet its burgeoning expenditure, necessitated by the slowing down economy, the government has pegged its market borrowing at over Rs 4.5 lakh crore for the current fiscal, bulk of which is being raised in the first half.

The cash management bills will have maturities of less than 91 days and will have the broader features of treasury bills.

Treasury bills are also of short maturity of less than a year, but not as short as these new instruments. Treasury bills are issued for 91 days, 182 days and 364 days.

The new bills will be issued at discount to the face value through auctions, and the holder will get the full face value at the time of maturity. However, he can also trade the bills in the market.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Quality Assurance Services Testing and Re-testing

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