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: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: form 3cd :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: VAT Audit :: TDS :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: due date for vat payment
 
 
« News Headlines »
 Govt extends service tax return filing date to April 30
 No move to tax farm income, clarifies Arun Jaitley
 New board for indirect taxes to become operational from June 1
  9 changes that came into effect from April 1
 First time filing income tax? Here's all you need to know about Form 16 and Form 26AS
 New Opening Financial Controller Chartered Accountant (Manufacturing Plant) A Leading Company
 Income Tax Filing 2017: All you want to know about the single page ITR form SAHAJ
 How to benefit from investments in tax saving mutual funds
 60 per cent of income tax notices on fishy cash deposits returned
 All about income tax return form Sahaj
 Why seeing Form 26AS is a must before filing tax return and how to access it

India well placed to net foreign fund flow: FinMin
August, 20th 2011

Indias top financial bosses on Friday did a quick stocktaking of the rapid deterioration in the global economic situation, but concluded that Indias stock markets have handled the contagion effect better than the US and Europe.

Finance minister Pranab Mukherjee talked with RBI Governor D Subbarao over the phone and met Prime Ministers Economic Advisory Council chairman C Rangarajan but refrained from announcing any measures to perk up the markets.

The RBI has maintained that there is no room for easing up the current interest rates as the inflation rate is still unacceptably high, while growth in the industrial sector is still holding out.

A statement released after the markets closed on Friday from the ministry said: The effect of the market sentiments in the US and Europe has a bearing on our markets as well in the short term.

Mukherjee indicated that the current market volatility has affected the governments plans to sell stake in state-run firms, but announced that it is working on disinvestment in six firms, including Nalco.

I am fully aware of the current volatile situation in the market, and surely not only me, any prudent Finance Minister would not like to dispose of valuable assets, the minister informed Parliament while replying to a question.

Worried over the recent volatility in the stock market, the department of disinvestment is reviewing its disinvestment plans and could even lower the Rs 40,000 crore target for proceeds from disinvestment receipts for 2011-12.

 
 
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