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	<title>TaxGuru &#187; foreign banks</title>
	<atom:link href="http://taxguru.in/tag/foreign-banks/feed/" rel="self" type="application/rss+xml" />
	<link>http://taxguru.in</link>
	<description>Complete Tax Solution</description>
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		<title>Calendar of Reviews for Board/Local Management Committee of foreign banks</title>
		<link>http://taxguru.in/rbi/calendar-reviews-boardlocal-management-committee-foreign-banks.html</link>
		<comments>http://taxguru.in/rbi/calendar-reviews-boardlocal-management-committee-foreign-banks.html#comments</comments>
		<pubDate>Tue, 04 Oct 2011 20:17:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[RBI Notifications]]></category>
		<category><![CDATA[Reserve Bank]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=44397</guid>
		<description><![CDATA[Reserve Bank of India vide its circular DBS.ARS.BC. No. 4/ 08.91.020/ 2010-11 dated November 10, 2010 has issued instructions to Indian public and private sector banks regarding a comprehensive calendar of reviews to be placed before the Audit Committee of their Board. While all the reviews prescribed vide our above circular are not applicable to foreign banks operating in India, we request you to be guided by the instructions contained therein. In order to do so you may]]></description>
		<wfw:commentRss>http://taxguru.in/rbi/calendar-reviews-boardlocal-management-committee-foreign-banks.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>38 foreign banks functioning with 321 branches in India</title>
		<link>http://taxguru.in/rbi/38-foreign-banks-functioning-321-branches-india.html</link>
		<comments>http://taxguru.in/rbi/38-foreign-banks-functioning-321-branches-india.html#comments</comments>
		<pubDate>Sun, 04 Sep 2011 01:25:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[foreign banks]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=43797</guid>
		<description><![CDATA[Branch Expansion of Foreign Banks in India -As on  29.8.2011, 38 foreign banks  are functioning with 321 branches in India.  Reserve Bank of India has given following  approvals for opening maiden branch/branch expansion in India during 2010 and 2100.]]></description>
		<wfw:commentRss>http://taxguru.in/rbi/38-foreign-banks-functioning-321-branches-india.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Why govt can&#8217;t disclose the name of persons having black money in foreign banks</title>
		<link>http://taxguru.in/income-tax/govt-disclose-persons-black-money-foreign-banks.html</link>
		<comments>http://taxguru.in/income-tax/govt-disclose-persons-black-money-foreign-banks.html#comments</comments>
		<pubDate>Fri, 15 Apr 2011 04:53:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[black money]]></category>
		<category><![CDATA[foreign banks]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=40388</guid>
		<description><![CDATA[The Centre on Friday declined before the Supreme Court to make public names of the people who have stashed black money in foreign banks. It informed that it is not possible to disclose information received from foreign governments under the Double Taxation Avoidance Agreement (DTAT). The Centre, however, agreed to reveal the names of six persons who had deposited money with the Liechtenstein Bank in Germany and who are being prosecuted by the government authorities.]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/govt-disclose-persons-black-money-foreign-banks.html/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Black money &#8211; Govt to name offenders, SC told</title>
		<link>http://taxguru.in/income-tax/black-money-govt-to-name-offenders-sc-told.html</link>
		<comments>http://taxguru.in/income-tax/black-money-govt-to-name-offenders-sc-told.html#comments</comments>
		<pubDate>Mon, 14 Feb 2011 03:29:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[black money]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[Letters Rogatory]]></category>
		<category><![CDATA[SC]]></category>
		<category><![CDATA[upa]]></category>

		<guid isPermaLink="false">http://taxguru.in/black-money-govt-to-name-offenders-sc-told-1549.html</guid>
		<description><![CDATA[The Centre on Thursday assured the Supreme Court that it would reveal the names of persons, who have stashed black money in foreign banks after registering a formal case against them. Solicitor General Gopal Subramanium, appearing before a bench head]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/black-money-govt-to-name-offenders-sc-told.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>15 Indians figure in list of black money hoarders</title>
		<link>http://taxguru.in/income-tax/15-indians-figure-in-list-of-black-money-hoarders.html</link>
		<comments>http://taxguru.in/income-tax/15-indians-figure-in-list-of-black-money-hoarders.html#comments</comments>
		<pubDate>Sun, 06 Feb 2011 02:57:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[black money]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[indians]]></category>
		<category><![CDATA[liechtenstein]]></category>

		<guid isPermaLink="false">http://taxguru.in/15-indians-figure-in-list-of-black-money-hoarders-1455.html</guid>
		<description><![CDATA[In a new twist to the black money issue, Tehelka on Friday released the names of 15 Indians, including three trusts, who it claimed had stashed their wealth in the LGT bank in Liechtenstein, a well-known tax haven. Revealing only the names but not th]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/15-indians-figure-in-list-of-black-money-hoarders.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>RBI’s subsidiary model will raise foreign banks’ tax liability- experts</title>
		<link>http://taxguru.in/rbi/rbi%e2%80%99s-subsidiary-model-will-raise-foreign-banks%e2%80%99-tax-liability-experts.html</link>
		<comments>http://taxguru.in/rbi/rbi%e2%80%99s-subsidiary-model-will-raise-foreign-banks%e2%80%99-tax-liability-experts.html#comments</comments>
		<pubDate>Wed, 26 Jan 2011 14:37:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://taxguru.in/rbi%e2%80%99s-subsidiary-model-will-raise-foreign-banks%e2%80%99-tax-liability-experts-1365.html</guid>
		<description><![CDATA[An expert said under the new structure, foreign banks’ tax liability might go up if the wholly-owned subsidiary decides to pay a dividend, as such payments will attract dividend distribution tax. Tax liabilities of foreign banks will rise marginally ]]></description>
		<wfw:commentRss>http://taxguru.in/rbi/rbi%e2%80%99s-subsidiary-model-will-raise-foreign-banks%e2%80%99-tax-liability-experts.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wholly-owned subsidiaries (WOS) will raise tax liability of foreign banks</title>
		<link>http://taxguru.in/rbi/wholly-owned-subsidiaries-wos-will-raise-tax-liability-of-foreign-banks.html</link>
		<comments>http://taxguru.in/rbi/wholly-owned-subsidiaries-wos-will-raise-tax-liability-of-foreign-banks.html#comments</comments>
		<pubDate>Sun, 23 Jan 2011 12:22:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[Reserve Bank]]></category>
		<category><![CDATA[wholly-owned subsidiaries]]></category>
		<category><![CDATA[WOS]]></category>

		<guid isPermaLink="false">http://taxguru.in/wholly-owned-subsidiaries-wos-will-raise-tax-liability-of-foreign-banks-1330.html</guid>
		<description><![CDATA[Tax liabilities of foreign banks will rise marginally if the Reserve Bank makes it mandatory for them to conduct their operations in the country through wholly-owned subsidiaries (WOS) rather than a branch model, experts said today.   "Although the W]]></description>
		<wfw:commentRss>http://taxguru.in/rbi/wholly-owned-subsidiaries-wos-will-raise-tax-liability-of-foreign-banks.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Draft guidelines for foreign banks delayed</title>
		<link>http://taxguru.in/rbi/draft-guidelines-for-foreign-banks-delayed.html</link>
		<comments>http://taxguru.in/rbi/draft-guidelines-for-foreign-banks-delayed.html#comments</comments>
		<pubDate>Tue, 09 Nov 2010 16:29:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[draft guidelines foreign banks]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[indian banks association]]></category>

		<guid isPermaLink="false">http://taxguru.in/draft-guidelines-for-foreign-banks-delayed-533.html</guid>
		<description><![CDATA[The draft guidelines on how foreign banks can convert themselves into wholly owned subsidiaries of their parents, have been delayed, with the Reserve Bank of India (RBI) awaiting clarity from tax authorities. The guidelines were to be have been relea]]></description>
		<wfw:commentRss>http://taxguru.in/rbi/draft-guidelines-for-foreign-banks-delayed.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>RBI may liberalise its policy for foreign banks operating in India</title>
		<link>http://taxguru.in/rbi/rbi-may-liberalise-its-policy-for-foreign-banks-operating-in-india.html</link>
		<comments>http://taxguru.in/rbi/rbi-may-liberalise-its-policy-for-foreign-banks-operating-in-india.html#comments</comments>
		<pubDate>Thu, 22 Apr 2010 03:02:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[domestic banking system]]></category>
		<category><![CDATA[foreign banks]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=25986</guid>
		<description><![CDATA[After delaying liberalisation for foreign banks by over a year due to global financial meltdown, the Reserve Bank on Tuesday decided to review its position by September this year in the wake of improving conditions worldwide. The central bank will prepare a discussion paper on the mode of presence of foreign banks through branch or wholly- owned subsidiary (WOS) by September 2010, RBI said in its annual monetary policy for 2010-11.]]></description>
		<wfw:commentRss>http://taxguru.in/rbi/rbi-may-liberalise-its-policy-for-foreign-banks-operating-in-india.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>RBI asked banks to cap bank charges</title>
		<link>http://taxguru.in/rbi/19121.html</link>
		<comments>http://taxguru.in/rbi/19121.html#comments</comments>
		<pubDate>Tue, 12 Jan 2010 01:28:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[bank ceo]]></category>
		<category><![CDATA[cheque books]]></category>
		<category><![CDATA[citibank]]></category>
		<category><![CDATA[customer complaints]]></category>
		<category><![CDATA[excessive charges]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[hdfc bank]]></category>
		<category><![CDATA[indian banks association]]></category>
		<category><![CDATA[minimum balance requirements]]></category>
		<category><![CDATA[private sector lenders]]></category>
		<category><![CDATA[remittances]]></category>
		<category><![CDATA[reserve bank of india]]></category>
		<category><![CDATA[standard chartered bank]]></category>
		<category><![CDATA[state bank]]></category>
		<category><![CDATA[state bank of india]]></category>
		<category><![CDATA[transaction services]]></category>
		<category><![CDATA[union bank]]></category>
		<category><![CDATA[union bank of india]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=19121</guid>
		<description><![CDATA[Banks may soon have to cap the charges on basic services such as issuing a draft, remittances or for stop-payment instructions. Faced with a rising number of customer complaints on excessive charges, the Reserve Bank of India (RBI) has asked the Indian Banks’ Association (IBA) to come up with guidelines on what the reasonable charges should be.]]></description>
		<wfw:commentRss>http://taxguru.in/rbi/19121.html/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Government may review / renegotiate DTAA with 76 countries</title>
		<link>http://taxguru.in/income-tax/government-may-review-renegotiate-dtaa-with-76-countries.html</link>
		<comments>http://taxguru.in/income-tax/government-may-review-renegotiate-dtaa-with-76-countries.html#comments</comments>
		<pubDate>Tue, 08 Dec 2009 01:07:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[australia china]]></category>
		<category><![CDATA[banking account]]></category>
		<category><![CDATA[black money]]></category>
		<category><![CDATA[double taxation avoidance]]></category>
		<category><![CDATA[fishing expedition]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[swiss bank accounts]]></category>
		<category><![CDATA[swiss bankers association]]></category>
		<category><![CDATA[swiss confederation]]></category>
		<category><![CDATA[tax model]]></category>
		<category><![CDATA[tax treaties]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=16621</guid>
		<description><![CDATA[As reported by us earlier The government is planning to comprehensively revise tax treaties with as many as 25 nations, including Switzerland and Mauritius, and re-negotiate with 51 others, to trace black money. The government plans a comprehensive revision of the existing tax treaties with 25 countries, including the Swiss Confederation, Mauritius, Malaysia, Norway and the Netherlands among others.]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/government-may-review-renegotiate-dtaa-with-76-countries.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Indian banking makes us jealous</title>
		<link>http://taxguru.in/finance/indian-banking-makes-us-jealous.html</link>
		<comments>http://taxguru.in/finance/indian-banking-makes-us-jealous.html#comments</comments>
		<pubDate>Sat, 28 Nov 2009 15:08:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[banking laws]]></category>
		<category><![CDATA[banking sector]]></category>
		<category><![CDATA[banks in india]]></category>
		<category><![CDATA[basel committee on banking supervision]]></category>
		<category><![CDATA[business cycle]]></category>
		<category><![CDATA[capital adequacy]]></category>
		<category><![CDATA[draft guidelines]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[indian banks]]></category>
		<category><![CDATA[interest rate risk]]></category>
		<category><![CDATA[liquidity risk]]></category>
		<category><![CDATA[market discipline]]></category>
		<category><![CDATA[operational risks]]></category>
		<category><![CDATA[prime tool]]></category>
		<category><![CDATA[reputation risk]]></category>
		<category><![CDATA[risk business]]></category>
		<category><![CDATA[risk liquidity]]></category>
		<category><![CDATA[three pillars]]></category>
		<category><![CDATA[what is basel ii]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=15741</guid>
		<description><![CDATA[After 31st March 2010 Indian banks will have to adhere to the Basel II norms. India had adopted Basel I guidelines in 1999. Later on in February 2005 the RBI had issued draft guidelines for implementing a New Capital Adequacy Framework, in line with Basel II. The deadline for implementing Basel II, originally set for March 31, 2007, has now been extended. Foreign banks in India and Indian banks operating abroad will have to adhere to the guidelines by March 31, 2009.]]></description>
		<wfw:commentRss>http://taxguru.in/finance/indian-banking-makes-us-jealous.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>20 year old undergraduate fetch the offer of 32 lakhs per Annum</title>
		<link>http://taxguru.in/general-info/20-year-old-undergraduate-fetch-the-offer-of-32-lakhs-per-annum.html</link>
		<comments>http://taxguru.in/general-info/20-year-old-undergraduate-fetch-the-offer-of-32-lakhs-per-annum.html#comments</comments>
		<pubDate>Fri, 27 Nov 2009 01:45:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General Info]]></category>
		<category><![CDATA[amateur golfer]]></category>
		<category><![CDATA[audit firm]]></category>
		<category><![CDATA[college of commerce]]></category>
		<category><![CDATA[compensation package]]></category>
		<category><![CDATA[daredevils]]></category>
		<category><![CDATA[delhi university]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[indian institutions]]></category>
		<category><![CDATA[Lehman Brothers]]></category>
		<category><![CDATA[perquisite]]></category>
		<category><![CDATA[shri ram college]]></category>
		<category><![CDATA[shri ram college of commerce]]></category>
		<category><![CDATA[srcc]]></category>
		<category><![CDATA[undergrads]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=15572</guid>
		<description><![CDATA[For someone who aspires for a hole-in-one as an amateur golfer, Adit Mathur has made a Tiger Woodsian debut on the job circuit. The 20-year-old undergrad of Shri RamCollege of Commerce (SRCC) is now the toast of Delhi University (DU) as he has teed in an offer from Deutsche Bank for an annual compensation package of Rs 32 lakh ($69,000). Mathur, a resident of Civil Lines in Delhi, will be trained in London next year for a plum posting abroad.]]></description>
		<wfw:commentRss>http://taxguru.in/general-info/20-year-old-undergraduate-fetch-the-offer-of-32-lakhs-per-annum.html/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>ICAI issued list of 400 companies for IFRS convergence by April 2011</title>
		<link>http://taxguru.in/finance/icai-issued-list-of-400-companies-for-ifrs-convergence-by-april-2011.html</link>
		<comments>http://taxguru.in/finance/icai-issued-list-of-400-companies-for-ifrs-convergence-by-april-2011.html#comments</comments>
		<pubDate>Mon, 16 Nov 2009 16:50:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Accounting Standards Board]]></category>
		<category><![CDATA[financial reporting standards]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[indian railway]]></category>
		<category><![CDATA[institute of chartered accountants]]></category>
		<category><![CDATA[institute of chartered accountants of india]]></category>
		<category><![CDATA[international accounting standards]]></category>
		<category><![CDATA[international accounting standards board]]></category>
		<category><![CDATA[INTERNATIONAL FINANCIAL REPORTING STANDARDS]]></category>
		<category><![CDATA[management information system]]></category>
		<category><![CDATA[venture capital funds]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=14694</guid>
		<description><![CDATA[IFRS — issued by International Accounting Standards Board — is acknowledged by 113 countries. This is ICAI’s first list and more companies would be added on its next list, sources said. The first list comprises 439 companies. It includes BSE-Sensex companies, NSE-Nifty companies, companies that have raised debt of over $50 million abroad, financial sector companies, publicly accountable companies (with total borrowings of over Rs 1,000 crore), Indian subsidiaries of foreign companies that have implemented IFRS at the parent company and companies outside these categories with capital of over $50 million abroad.]]></description>
		<wfw:commentRss>http://taxguru.in/finance/icai-issued-list-of-400-companies-for-ifrs-convergence-by-april-2011.html/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Govt ask RBI to continue appointing auditors for PSU Banks</title>
		<link>http://taxguru.in/rbi/govt-ask-rbi-to-continue-appointing-auditors-for-psu-banks.html</link>
		<comments>http://taxguru.in/rbi/govt-ask-rbi-to-continue-appointing-auditors-for-psu-banks.html#comments</comments>
		<pubDate>Sat, 23 May 2009 02:39:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CA CS ICWA]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[appointment]]></category>
		<category><![CDATA[Audit]]></category>
		<category><![CDATA[Auditor]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[central]]></category>
		<category><![CDATA[chartered accountants of india]]></category>
		<category><![CDATA[Empanelment]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[ICAI]]></category>
		<category><![CDATA[institute of chartered accountants]]></category>
		<category><![CDATA[list of auditors]]></category>
		<category><![CDATA[psu]]></category>
		<category><![CDATA[psu banks]]></category>
		<category><![CDATA[public sector banks]]></category>
		<category><![CDATA[securities and exchange board of india]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8507</guid>
		<description><![CDATA[The government has turned down a proposal of the Reserve Bank of India (RBI) to allow public sector banks to select auditors independently. Last year, RBI had made the proposal to the finance ministry, which forwarded it to the Ministry of Corporate Affairs (MCA), the nodal body for auditors. The proposal was in line with [...]]]></description>
		<wfw:commentRss>http://taxguru.in/rbi/govt-ask-rbi-to-continue-appointing-auditors-for-psu-banks.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Indian Government Provided forged documents : Swiss government</title>
		<link>http://taxguru.in/general-info/indian-government-provided-forged-documents-swiss-government.html</link>
		<comments>http://taxguru.in/general-info/indian-government-provided-forged-documents-swiss-government.html#comments</comments>
		<pubDate>Tue, 12 May 2009 16:21:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General Info]]></category>
		<category><![CDATA[enforcement directorate]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[hassan ali]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[indian counterpart]]></category>
		<category><![CDATA[indian government]]></category>
		<category><![CDATA[racehorse breeder]]></category>
		<category><![CDATA[stud farm]]></category>
		<category><![CDATA[swiss authorities]]></category>
		<category><![CDATA[swiss bank accounts]]></category>
		<category><![CDATA[swiss government]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8043</guid>
		<description><![CDATA[In a major embarrassment for the Indian government, the Swiss Justice Department on Monday said it had received forged documents from New Delhi two years ago in connection with an alleged Rs.40,000 crore ($8 billion) money laundering case involving racehorse breeder Hassan Ali.  &#8220;The documents submitted are forged,&#8221; Folco Galli, a spokesperson for the Swiss government, told a private [...]]]></description>
		<wfw:commentRss>http://taxguru.in/general-info/indian-government-provided-forged-documents-swiss-government.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Service Tax department clarified DICGC Premium is exempt from service tax</title>
		<link>http://taxguru.in/service-tax/service-tax-department-clarified-dicgc-premium-is-exempt-from-service-tax.html</link>
		<comments>http://taxguru.in/service-tax/service-tax-department-clarified-dicgc-premium-is-exempt-from-service-tax.html#comments</comments>
		<pubDate>Wed, 25 Mar 2009 00:17:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[banks in india]]></category>
		<category><![CDATA[central excise and service tax]]></category>
		<category><![CDATA[credit guarantee corporation]]></category>
		<category><![CDATA[deposit insurance]]></category>
		<category><![CDATA[Excise]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[insurance premium]]></category>
		<category><![CDATA[Service Tax on DICGC]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=3796</guid>
		<description><![CDATA[Revenue authorities have done banks a good turn towards the close of the financial year. By clarifying that the deposit insurance premium, collected by the Deposit Insurance and Credit Guarantee Corporation (DICGC), is not taxable, the authorities have saved banks, which ultimately would have borne this burden, from paying taxes totting up to a few [...]]]></description>
		<wfw:commentRss>http://taxguru.in/service-tax/service-tax-department-clarified-dicgc-premium-is-exempt-from-service-tax.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Swiss bank revealed Indian have more money then rest of the world</title>
		<link>http://taxguru.in/finance/swiss-bank-revealed-indian-have-more-money-then-rest-of-the-world.html</link>
		<comments>http://taxguru.in/finance/swiss-bank-revealed-indian-have-more-money-then-rest-of-the-world.html#comments</comments>
		<pubDate>Sun, 22 Mar 2009 06:48:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[gold medal]]></category>
		<category><![CDATA[ips officers]]></category>
		<category><![CDATA[personal account]]></category>
		<category><![CDATA[Swiss Bank]]></category>
		<category><![CDATA[swiss banks]]></category>
		<category><![CDATA[swiss government]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/finance/swiss-bank-revealed-indian-have-more-money-then-rest-of-the-world.html</guid>
		<description><![CDATA[This is so shocking&#8230;. &#8230;.If black money deposits was an Olympics event&#8230;. India would have won a gold medal hands down. The second best Russia has 4 times lesser deposit. U.S. is not even there in the counting in top five! India has more money in Swiss banks than all the other countries combined! Recently, [...]]]></description>
		<wfw:commentRss>http://taxguru.in/finance/swiss-bank-revealed-indian-have-more-money-then-rest-of-the-world.html/feed/</wfw:commentRss>
		<slash:comments>16</slash:comments>
		</item>
		<item>
		<title>Banks&#8217; accounts under scanner for deductions clamied</title>
		<link>http://taxguru.in/income-tax/banks-accounts-under-scanner-for-deductions-clamied.html</link>
		<comments>http://taxguru.in/income-tax/banks-accounts-under-scanner-for-deductions-clamied.html#comments</comments>
		<pubDate>Tue, 23 Dec 2008 05:05:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[assessing officers]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[Auditor]]></category>
		<category><![CDATA[CBDT]]></category>
		<category><![CDATA[Comptroller and Auditor General]]></category>
		<category><![CDATA[direct taxes]]></category>
		<category><![CDATA[expenditures]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[income tax act]]></category>
		<category><![CDATA[Income Tax Scrutiny]]></category>
		<category><![CDATA[Income Tax Scrutiny Criteria]]></category>
		<category><![CDATA[profession]]></category>
		<category><![CDATA[rbi guidelines]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=864</guid>
		<description><![CDATA[Concerned at the government's 'revenue loss' due to giving 'large deductions' while calculating the income tax payable by banks, tax authorities have decided to scan the accounts of lenders, including foreign banks, in minute detail.]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/banks-accounts-under-scanner-for-deductions-clamied.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Delayed TDS on &#8216;usance interest&#8217; &#8211; Payment of interest u/s 201(1A)</title>
		<link>http://taxguru.in/income-tax-case-laws/delayed-tds-on-usance-interest-payment-of-interest-us-2011a.html</link>
		<comments>http://taxguru.in/income-tax-case-laws/delayed-tds-on-usance-interest-payment-of-interest-us-2011a.html#comments</comments>
		<pubDate>Fri, 28 Sep 2007 04:51:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax Case Laws]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[amendments]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[CIT]]></category>
		<category><![CDATA[Computer]]></category>
		<category><![CDATA[foreign banks]]></category>
		<category><![CDATA[interest payment]]></category>
		<category><![CDATA[itat]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[TDS]]></category>
		<category><![CDATA[TDS on usance interest]]></category>
		<category><![CDATA[Trust]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2007/09/28/delayed-tds-on-usance-interest-payment-of-interest-us-2011a/</guid>
		<description><![CDATA[IN the present case which was referred to the Third Member of the Tribunal, the dispute revolves around the issue of, whether interest u/s 201(1A) is payable on the ''usance interest'' from the date of payment or from the date of pronouncement of High Court decision in the Vijay Ship Breaking Corpn case]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax-case-laws/delayed-tds-on-usance-interest-payment-of-interest-us-2011a.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

