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Archive: 01 February 2014

Posts in 01 February 2014

Indian banks could be more competitive on lending front if they achieve 100% NSFR

February 1, 2014 376 Views 0 comment Print

Net Stable Funding Ratio (NSFR) is one of the two new liquidity ratios introduced by the Basel Committee on Banking Supervision (BCBS) after the financial crisis that began in 2007. NSFR defined as percentage ratio of available stable fund to required stable fund divulges liquidity risk in medium and longer term horizon and should be greater than 100.

PVAT : Reduced rate of tax on Iron and Steel made applicable from 01.02.2014

February 1, 2014 2296 Views 0 comment Print

Punjab Value Added Tax – Reduced rate of tax now made applicable from 01.02.2014– stock as on 31.01.2014 to be declared  In a public notice issued today on the website of the Department it now has been clarified that reduced rate of tax on iron and steel goods at the rate of 2.5% will now […]

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