RBI notifies that average Cash Reserve Ratio (CRR) required to be maintained by every bank shall be 4.50 per cent of its net demand and time liabilities effective from the reporting fortnight beginning May 21, 2022.
djudication Order is non est in the eye of law, as the same has been passed without issuance of proper Show Cause Notice (SCN) and thus, amounts to violation of principles of natural justice.
Explore the Basics of Banking: Schedule 7 – Cash, Balances with RBI and other Banks, and Money at Call and Short Notice.
An OPC by its very nature is a Private Company. This is established by the definition of Private Company-Section 2(68) of Companies Act, 2013 and Section 3- Formation of a Company-
Council decided that the effective date of application of SAE 3410 shall be as follows – (i) Voluntary basis for assurance reports covering periods ending on March 31, 2023 (ii) Mandatory basis for assurance reports covering periods ending on or after March 31, 2024
Explore the tax benefits of housing loans: Section 80 C allows up to 150000 principal repayment deduction, while Section 24(b) permits interest deduction up to Rs. 2 lakhs.
Discover the keys to success in the Registered Valuer Exam for Financial Instruments. Learn from my experience and tips on how to pass with flying colors.
Learn how to draft Power of Attorney documents for property management and legal representation abroad. Understand the legal requirements and significance of this crucial document.
New financial year begins with record exports of USD 38.19 billion in April April exports jump 24.22%, continuing the record-breaking 2021-22 performance, resulting in highest ever exports in April Non-petroleum exports rise 12.3% in April, non-petroleum imports up only 9.8% Petroleum products, Electronic goods and chemicals record major increase in exports INDIA’S MERCHANDISE TRADE: Preliminary […]
