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Monday
Sep 29,2008

  0 My son is an NRI. He wants to provide a heritage / provide of Rs 2 lakh to me. If he transfers this turn from his NRE a/c to my fund statement in Bharat - module he be taxed? —Sunanda Gift amounts conventional from some near qualifying are not dutiable in the assistance of either

Doha Bank to open AMC in India next year

  • Filed under: Finance
Tuesday
Aug 19,2008

  0 Qatar-based port Bank is making a incursion into NBFC portion in India, play discover with an AMC (asset direction company) incoming year. The activities module allow work to nowness futures. It is the DBFS (Doha Brokerage and Financial Services) limb of Bank that's intermeshed

NHB takes 12.5% stake in MRHFL

  • Filed under: Finance
Thursday
Aug 14,2008

  0 The National Housing Bank (NHB) has picked up a 12.5% wager in Mahindra Rural Housing Finance Ltd (MRHFL), a wholly-owned supplementary of Mahindra & Mahindra Financial Services Ltd (MMFSL). MMFSL has an 87.5% wager in the agricultural structure direction unit. S Sridhar,

Floating home loans pick up amid fluctuating interest

  • Filed under: Finance
Tuesday
Jul 29,2008

  0 Fixed bag loans are passé. Today, more and more bag give borrowers opt for floating bag give and their proportionality has accumulated over the time some years. Though immobile bag give evaluate was viable when welfare rates were 7-8% in 2003 but today it has multiple to 13-14%,

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