Community & General Articles

NRIs CORNER - TAX FREE INCOME

Posted by CMA Gul S 09 October 2020 28165 Views

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

Posted by CMA Gul S 11 September 2007 5094 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

India, Mexico ink double tax avoidance treaty

Posted by CMA Gul S 11 September 2007 6686 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

Know tax breaks well before you home in on loan

Posted by CMA Gul S 11 September 2007 5084 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

Basic Computer Troubleshooting Guide

Posted by Guest 08 September 2007 6223 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

New derivatives valuation norms to sway banks' bottomlines

Posted by CA Nikita 01 September 2007 4462 Views

Bank balance sheets may turn more volatile on account of the new accounting rules that would change the way derivatives are valued. The central bank has set up a sub-group to look at implementation of Accounting Standard 30 (AS 30), which pertains to

Indian exam Syllabus

Posted by Ritesh 30 August 2007 10560 Views

L.I.C. Officers' ExamA competitive examination for the recruitment of the Assistant Administrative Officers etc, in Life Insurance Corporation (LIC) is held once a year, generally in the month of June. The blank application form and particulars are p

CS Exam June 2006: Finance Act & Tax Updates

Posted by nikunj 26 August 2007 5054 Views

Company Secretary students: Stay updated on Finance Act 2005 and tax law changes for the June 2006 exams. Learn applicable assessment years and excluded acts.