Sunday, February 12, 2012

Terms of the day

BMD: Ballistic Missile Defense.
IIP: Index of Industrial Production
SPV: Special Purpose Vehicle

FTA: Free Trade Agreement
SEBI: Securities and Exchange Board of India
CTT: Commodities Transaction Tax
STT: Securities Transaction Tax (levied on sale and purchase of equity and equity-oriented mutual funds).

PMEAC- Prime Minister’s Economic Advisory Council
IFRS: International Financial Reporting Standards
IASB: International Accounting Standards Board
DTC: Direct Tax Code 

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