CAclubindia Articles

Glimpses of Indian Economy and its Financial Sector

Posted by CMA Gul S 11 September 2007 4938 Views

Chairman Sergey M. Ignatiev and distinguished central bankers of the Bank of Russia,I am grateful to Chairman Ignatiev for inviting me to visit your bank and interact with you for mutual benefit. I have the pleasure of meeting my friend Chairman Ign

UCBs (Urban Cooperative Banks) - Branch Licensing Policy Relaxed

Posted by CMA Gul S 11 September 2007 10429 Views

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

Posted by CMA Gul S 11 September 2007 5558 Views

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

Posted by CMA Gul S 11 September 2007 5349 Views

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

REPATRIATION / REMITTANCE PACKAGES REPATRIATION / REMITTANCE PACKAGES

Posted by CMA Gul S 11 September 2007 5059 Views

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

Posted by CMA Gul S 11 September 2007 5062 Views

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

Posted by CMA Gul S 11 September 2007 6645 Views

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

Posted by CMA Gul S 10 September 2007 4730 Views

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

Posted by Guest 08 September 2007 6199 Views

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

Inconsistencies in the TDS/TCS return

Posted by Admin 08 September 2007 6261 Views

Directorate of Income Tax (Systems) has sent letters todeductors giving the details of inconsistencies in the TDS/TCS returnfiled. The details pertain to the first three quarters of F.Y. 2006-07.The following explains the various possible problems in