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UCBs (Urban Cooperative Banks) - Branch Licensing Policy Relaxed

  CMA Gul S    11 September 2007 at 14:02

RBI/2007-2008/79UBD.CO.LS.CIr.No. 01/07.01.000/2007-08July 4, 2007The Chie Executive Officer of All Primary (Urban) Co-operative BanksDear Sir/Madam,Annual Policy Statement for the Year 2007-08-Relaxation in Branch Licensing Policy for Urban Cooperat



Guidelines on Fair Practices Code for Lenders - Furnishing copy of loan agreement

  CMA Gul S    11 September 2007 at 13:59

RBI/2007-08/119DBOD.No.Leg.BC. 28 /09.07.005/2007-08August 22, 2007All Scheduled Commercial Banks / All India Financial Institutions(Excluding RRBs)Dear Sir,Guidelines on Fair Practices Code for Lenders - Furnishing copy of loan agreementPlease refe



Monetary Policy Developments in India: An Overview

  CMA Gul S    11 September 2007 at 13:54

Friends,I am honored by the kind invitation of Governor Stefan Ingves to visit Riksbank and give an address at the central bank. It is a great privilege to address an august gathering in the oldest central bank in the world, Riksbank. I came in clos



RETURNING NRIs - FEMA PROVISIONS

  CMA Gul S    11 September 2007 at 13:51

''Return 2 India'' is much cherished dream but the fears re: ''can or cannot continue'' or say ''to or not to disclose overseas assets'' are most dreaded ones. Fortunately NRIs returning home for settlement can happily "keep the cake and eat it too



NRIs CORNER - TAX FREE INCOME

  CMA Gul S    11 September 2007 at 13:49

Income-Tax exemptions are a bonanza offered to NRIs but caution is required while enjoying these tax exemptions and one needs to " read between the lines " as the same are based on the residential status of an NRI under FERA1973 (FEMA1999) and the



REPATRIATION / REMITTANCE PACKAGES REPATRIATION / REMITTANCE PACKAGES

  CMA Gul S    11 September 2007 at 13:47

For ages Non-Resident Ordinary accounts were balances in banks to be retained and utilized in India which earned nominal interest which was subject to much forgotten tax deduction at source at flat rate of 30%.Those days are gone and now Reserve Bank



Know tax breaks well before you home in on loan

  CMA Gul S    11 September 2007 at 13:12

Against the backdrop of rising property prices & interest rates, borrowers need to be aware of the tax breaks offered by home loans. Tax breaks can be availed on both components of the loan installment - principal and interest. Tax benefits, in r



India, Mexico ink double tax avoidance treaty

  CMA Gul S    11 September 2007 at 13:12

India on Monday inked an agreement with Mexico for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. The accord is to come into force on a date to be notified in due course. The double taxation avoidan



Wealth Tax Amendment

  CMA Gul S    10 September 2007 at 22:42

Wealth-tax (First Amendment) Rules, 20077 August 07Wealth-tax (First Amendment) Rules, 2007 - Amendments in rule 4A, substitution of rule 4AA and Form DA; insertion of Form DAANotification No. 216/2007 [F. No. 142/11/2007-TPL], dated 7-8-2007In exerc



Basic Computer Troubleshooting Guide

  Guest    08 September 2007 at 15:57

Basic Computer Troubleshooting Guide1. Don't panic.Relax. Take a breath. Many computer problems appear more serious than they really are.It may look like the computer has crashed and all your data is lost forever. But there are a host of problems tha




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