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UCBs (Urban Cooperative Banks) - Branch Licensing Policy Relaxed

Posted by CMA Gul S 11 September 2007 10455 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 5579 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 5376 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

RETURNING NRIs - FEMA PROVISIONS

Posted by CMA Gul S 18 May 2021 14549 Views

''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

Posted by CMA Gul S 09 October 2020 28190 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 5097 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 6690 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 5090 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

Wealth Tax Amendment

Posted by CMA Gul S 10 September 2007 4751 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 6226 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