Dear Experts,

Please clarify what is repo rate and reverse repo rate? And how it will impact on our loan interest rate. Why govt increase/decrease the repo rate and reverse repo rate..

Thanks in advance...

Sanjay Verma

A non-resident as per latest FEMA rules (Foreign exchange management act or rules) who is working in Singapore for past two years in a company which is a sister concern of an Indian company which send him to Singapore , he receives salary from the Indian company in India and not is Singapore and the same salary is credited to his bank account in India.

As per the FEMA regulations or rules is there any prohibition on the transaction of remitting salary on regular basis to his Indian account or is there any necessity to take prior permission of RBI or Government or is there any limit up to which it can be done or is there any authorized bank or dealer in which he should deposit the same

Also tell me in this case whether the Indian bank account will automatically get converted into NRO account or not and what is NRO account and what are the tax implications of the same?

hi,

Please provide details of documents required for Registration of partnership firm.

Dear experts,

we have recd. sanction letter of loan 1.5 CRORE from bank details as under
facility Amt margin
cash credit(H) 75lac 25%
ODBD (BOOK DEBT) 75LAC 25%

pLEASE LET ,ME KNOW ABOUT MARGIN 25%

i have cleared ipcc in may 2011...i have 3 yrs of articleship so my ca final attempt is in may 2014...ca final classes will start in may 2012...i will register soon n my inter cwa attempt is in june 2012....i wanted to know whether aricleship of cwa can be started? n whether cwa n ca articleship can be done simultaneously or either one of them will get invalid...reply on alpeet.surana@gmail.com

Respected Sir
I have a licence(IEC code)from Kolkata
Plz mail me is it renewable/or one time
it was on 31st dec 2008
I am waiting for ur mail eagerly
My mail id is swagata.samanta@gmail.com
Help me
Regards
S.Samanta

R/Sir,

I have a query-:

What would be the production entries in manufacturing unit from Raw material to finished goods dispatch.

i have applied for approved caclub expert.. bt not able to answer the queries..
plz suggest m procedure to b followed or how to do it..

Thanks....

Recently during the AGM of our co-operative housing society , the chairman proposed a resolution seeking breaking of the fixed deposits transferred by the developer to generate funds for bldg painting /fire fighting AMC & drill, etc amounting to Rs 9.60 lacs.

Is it appropriate to break the Scty FD's apart from collecting increased monthly maintenance ?

Can a member complaint to the Registrar of Society on it ?
.

sir

transfer within a year affects articleship in terms of

duration of articleship or resume or so many formalities for transfer