Capital Account Convertibility

Jul 10, 2014 at 19:34 | Source: CNBC-TV18
Jaitley said he would prefer to lower fiscal deficit by boosting revenues rather than cutting down on expenditure.
Jul 10, 2014 at 15:02 | Source: CNBC-TV18
To remove tax arbitrage, rate of tax on long term capital gains has been increased from 10 percent to 20 percent on transfer of units of Mutual funds, other than equity oriented funds.
Jul 09, 2014 at 13:10 | Source:
The Survey feels that capital controls are hampering the globalization of the economy, and called for a mechanism to fight capital flight and global environment.
Jul 08, 2014 at 21:59 | Source:
Cimmco has informed that the Paid Up Share Capital of the Company has been increased from Rs 45,14,85,260/- to Rs. 60,14,85,260/- divided in to 2,01,48,526 Equity Shares of Rs. 10/- each and 400,00,000- 8% Non Cumulative Non Convertible Redeemable Preference Shares of Rs. 10/- each pursuant to allotment of 1,50,00,000 - 8%.
Jul 03, 2014 at 20:22 | Source: PTI
The RBI said Airtel's board of directors and shareholders have passed resolutions agreeing to increase the limit on the purchase of its equity shares and convertible debentures by FIIs.
Jul 02, 2014 at 18:53 | Source: PTI
The DoD had last month invited proposals from merchant bankers or chartered accountant firms with experience in handling valuation of companies to assess fair share value of HZL.
Jul 02, 2014 at 18:24 | Source: PTI
With a face value of Rs 1,000 each aggregating up to Rs 100 crore, the NCD will have the option to retain over subscription up to Rs 100 crore, thus aggregating to a total issue size of up to Rs 200 crore
Jul 02, 2014 at 17:12 | Source:
Muthoot Fincorp, the flagship company of the Muthoot Pappachan Group (MPG) is going to open its public issue of Rs 200 crore on July 03 which will close on August 04, 2014.
Jun 30, 2014 at 21:29 | Source:
A Chennai based asset financing NBFC, Shriram Transport Finance Company (STFC) is going to raise Rs 3000 crore through its NCD issue which is going to open for subscription on July 02, 2014.
Jun 30, 2014 at 08:34 | Source:
Cimmco's Paid Up Share Capital has been increased to Rs 45,14,85,260 divided in to 2,01,48,526 Equity Shares of Rs 10 each and 2,50,00,000- 8% Non Cumulative Non Convertible Redeemable Preference Shares of Rs 10 each pursuant to allotment of the latter by the Committee of Directors at its meeting held on June 28, 2014.
Messages on Capital Account Convertibility »


Platinum Member


Indian indices  

committee on capital account convertibility had to say in 1997 about the pre-conditions that must be met before abolishing capital controls : a gross fiscal deficit of 3.5 percent (by 1999-00), and an inflation rate of 3-5 percent for an average of at least three years, among other things. These targets

5.15 PM Sep 5th 2013


Platinum Member


Tax Planning & Help  

Dear navin, RBI has voluminous regulations covering this subject matter (Capital Account Convertibility), and the best person to handle this is a practising Chartered Account, pls be guided by this professional`s advice alone. Regards

6.47 PM Dec 17th 2012

Web Messenger

Platinum Member


News Now  

Source:Bloomberg - China will make Qianhai, part of the Shenzhen economic zone, a test ground for freer yuan usage and capital account convertibility, the National Development and Reform Commission said today.

2.06 PM Jun 29th 2012

avin 57

Platinum Member



failed to appreciate that even for transactions outside the securities market, partial capital account convertibility complicates foreign exchange risks. Anti-money laundering initiatives such as KYC and the Basel Committee demands have required Banks to gear up their risk assessment. The above "no

10.15 AM Jun 23rd 2012

Web Messenger

Platinum Member


Bank of India  

Source:The Hindu BusinessLine - New Delhi, April 15: The Reserve Bank of India Governor, Dr D. Subbarao, has said that India will “gradually” move towards capital account convertibility only after preconditions like fiscal consolidation are met.“There is no evidence (the world over) that capital

1.02 PM Apr 16th 2012

News across the web »
Jan 11, 2014 at 16:52 | Source: The Hindu BusinessLine
Nov 16, 2013 at 05:22 | Source: Economic Times
Explore Moneycontrol

Copyright © Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of is prohibited.