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: VAT Audit :: cpt :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: empanelment :: form 3cd :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4%
 
 
« News Headlines »
 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
 New Income Tax Rates And Deductions Applicable From April 1, 2017
 Tax and transparencya

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