Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: VAT Audit :: empanelment :: VAT RATES :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS
 
 
General »
 Why abolishing personal income tax may not be a good idea
 Questions about the GST cess
 How to prepare for the looming tax-extension deadline
 Income tax: Gratuity for employees raised to Rs 20 lakh; here is how you will benefit
 Haryana to set up scrutiny panel on GST benefits
 Waive certain taxes for companies in insolvency proceeding
 I-T department to appoint 7600 more tax return preparer scheme to cover entire country
 All eyes are on GST as Centre plans higher social pension
 Exporters demand total exemption from GST
 Here's what you must know to stay clear of taxman
 Filing income tax returns is not enough, you need to link Aadhaar with PAN before deadline ends

RBI MAY HIKE RISK WEIGHTS FOR REGULATED ENTITIES
August, 26th 2010

The Reserve Bank of India has hinted at the use of prudential measures to regulate the exposure of entities such as banks, non-banking finance companies and financial institutions to asset price cycles to strengthen the overall financial stability framework.

The central bank's comment is significant as it had, in its first quarter review of macroeconomic and monetary developments last month, expressed concern about the sustained and rapid rise in housing prices over successive quarters from the standpoint of their possible spill-over to demand pressures and the general price level.

Then, it also alluded to increasing uncertainties and corrections in domestic stock prices.

Bankers say the prudential measures that the RBI could resort to, could include upping risk weights and stepping up provision coverage so that credit becomes costly to sectors where credit is growing fast and the risk of default is high.

Stability framework

Referring to the persisting ambiguity about the role of monetary policy in relation to asset prices even after the global crisis, the RBI, in its annual report for 2009-10, said the use of prudential measures to regulate the exposure of regulated entities to asset price cycles could help strengthen the overall stability framework, even though volatility in asset prices may still persist.

The financial stability goal will require use of a combination of instruments involving regulation, supervision and monetary/macroeconomic policies to enhance the effectiveness of crisis prevention, the report said.

The central bank pointed out that monetary policy, in pursuing the growth objective, may remain accommodative for an extended period at times, which in turn could fuel credit and asset bubbles and thereby jeopardise the financial stability goal.

Similarly, the use of fiscal stimulus to limit the adverse real effects of a financial crisis could at times give rise to a fiscal crisis, which in turn could be a source of instability for the financial system.

Financial stability

Hence, in the process of balancing inflation and growth considerations in the conduct of macroeconomic policies, the RBI said financial stability has become a critical component which would add complexity to policy formulation.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 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