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Comparative study of Non resident provision between Income Tax Act and DTC Bill

Friday, March 18th, 2011
Comparative study of Non resident provision between Income Tax Act and DTC Bill [caption id="attachment_7440" align="alignleft" width="106" caption="Gopal Kedia"][/caption] INCOME TAX ACT, 1961 DIRECT TAX CODE BILL, 2009 REMARKS 1. Residential status of an Individual : As per the provisions of section 6(1) : An individual is said to be resident in India in any previous year if he : (a)        ...

Indian stock markets give thumbs up to budget, Sensex soars

Tuesday, March 1st, 2011
Indian equities markets Monday continued to rise well after Finance Minister Pranab Mukherjee presneted the general budget as investors gave their thumbs-up to decisions like allowing foreign investment in mutual funds, and raising the cap on foreign institutional investment in corporate bonds.Mukherjee raised the ...

South Indian Bank woos diaspora customers

Thursday, February 24th, 2011
The city-headquartered South Indian Bank Wednesday announced special gifts for diaspora customers who made single remittances of Rs.1 lakh (about $2,200) and above till March 31. The offer would be applicable to transfer from other banks and the only condition is that the funds should be retained in a single ...

Malaysia and India sign trade agreement

Friday, February 18th, 2011
Malaysia and India Friday inked a trade agreement expected to boost annual bilateral trade to $15 billion by 2015.The pact, due to come into force July 1, was signed by Indian Commerce and Industry Minister Anand Sharma and his Malaysian counterpart, Mustapa Mohamed, in Malaysia's administrative capital, ...

Economy in troubled waters

Wednesday, January 5th, 2011
Economy in troubled watersGopal K Agarwal assesses the outlook of the global and domestic market and comes up with cautionary moves to be taken ahead At the onset, I wish you all a very happy and prosperous new year. Global Scenario The stock market in the year 2010 has seen new highs. The unprecedented FII ...

Ventura Securities’ NRI Services Cell to serve the Overseas Indians

Tuesday, December 21st, 2010
Ventura Securities Limited (Ventura) is engaged in a gamut of investment related activities since 1994, with thrust on retail clientele business. Ventura is a corporate member of National Stock Exchange of India Limited (NSE), Bombay Stock Exchange Limited (BSE) and OTC Exchange of India. Its registered office ...

Placement Pundits Services for a ‘Progressive Indian Diaspora’ investing in India

Tuesday, December 21st, 2010
India’s open market’s has attracted a lot of foreign investors into various sectors that have been long awaiting their opportunity to grow. The foreign investors are investing presently in the five high growth and return potential sectors of Education, Energy and Environment, Information and Communications Technology (ICT), ...

Investment avenues for NRIs

Tuesday, December 21st, 2010
Over the last decade, non-resident Indians (NRIs) have aggressively started looking at India as one of the safest and viable investment avenues. Today, the products offered to NRIs broadly consist of: Basic Banking Investment Advisory It all starts with different types of banking accounts which a NRI ...

NSE initiates ingenious investor awareness plan on Rajdhani

Saturday, December 18th, 2010
NSE initiates ingenious investor awareness plan on Rajdhani   The National Stock Exchange (NSE), as a part of its ongoing endeavor to reach out to people in different   parts of the country, has started an investor  awareness initiative on the Delhi Sealdah Rajdhani. Shri  Namo Narain Meena, Minister of State for Finance and Mr. Ravi Narain, MD & ...

Edible oils strengthen on rising demand

Saturday, December 18th, 2010
Edible oils strengthen on rising demand  Select edible oils strengthened up to Rs 50 per quintal on the wholesale oils and oilseeds market on Saturday on the back of sustained buying by vanaspati millers to meet the ongoing marriage season demand.                 Neem oil, in the non-edible ...
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