Monday, September 30, 2013

Zero Percent Sceme Hundred Percent Fraud

The Reserve Bank is in front of you with the new body and flavour it now customer concerns it raises concern that companies benefit from the banks, but not by pahunchatin customers. the question is whether companies RBI Chair of sanjana. new circular RBI Chair customers saugata Roy? At least a slap at corporate marketing strategy course. this new Central Bank was many lessons.

Over the past several years to meet credit card customers Bank and retailer-i.e. zero zero interest percent interest to run EMI scheme. but now the RBI Chair, banks said he plans to give up credit card customers to close such instead back the Central Bank's argument is that due to the hidden charges with these plans is confusing although RBI Chair in June this year has informally banks It said he was close to such plans, but nonetheless these schemes by banks due to the continuation of the RBI Chair has issued the notice for the complete ban on these plans.

EMI zero interest schemes sponsored by dealers in addition to prevent the Reserve Bank has blocked those plans, too, where some processing charge in many different bank great buy EMI option to change your status card holders. Apart from those stores RBI Chair banks Association said that by a customer when you pay via debit card charge more fees from Although various RBI Chair it's micro-management banker Sotto tongue agreement. but he must start to take back such plans.

In fact, in the last few years zero interest EMI plans were quite popular and durably stores various consumer electronic goods stores. indiscriminately run them. However these plans did not take any interest in, but often include a processing fee for such goods was giving cash to buy the fridge than under this scheme to purchase her client had to pay more overall.

Tuesday, September 17, 2013

Strong Place To Check Money Laundering

Mauritius en route to India coming up at New Delhi's concerns over money laundering, the Government had decided to tightened screening process. Mauritius financial services regulator FSC CEO of claret-Han pointed out that money in companies landing activities licence will be cancelled. regulator of those who invest money in India to Mauritius are used. claret pointed out that both Country bilateral taxation agreement are considering changes.

Combined workgroup meeting at the beginning of the end of this month or October. It covers the concerns of India., double taxation avoidance agreement between the two countries taking advantage of companies tax residence certificates (TRC), changes in the rules of the FSC issuance. message engaged in fraud by claret companies that if you invest black money are licensees in chinna India. in India Going to invest every person should understand it.

Both countries tax compromise to prevent misuse of these steps have been taken. Mauritius Bankers Association (MBA) CEO Ayesha c timal said quite clearly our TRC issue rules and transparent. we have to be assured that India tax treaty will be here to not misuse whatsoever will investNot used, black money.

Friday, September 6, 2013

Rupee Down Against Dollar

The new Governor of the Reserve Bank as raghuram Rajan to improve immediate circumstances generally several steps. natijan market atmavishvavas once again towards the end of the week. business day i.e. on Friday opened the market with improved against the dollar recorded the fast bucks light. market open on the same rupee 65.82. However, he soon slid 63 cents to 66.65 reached. but by noon the rupee against the dollar in Good recovery after weak start. rupee strength 70 money went level with 65.31. the news that India and Japan have decided to double the currency swaps.

There, the stock market has retained its speed and the green light of the BSE benchmark Sensex. mark with the edge opened with 125 points, the Sensex introduced business, but at the fall of its slow., due to the recovery from the Sensex suddenly also overturned the 30-share Sensex was 250 points mounted 19225 and nifty 71 points mounted 5663 level.

Significantly, the past semester inter-bank foreign exchange market to sell dollars in export and dealer appeared. Consequently, since the beginning has been in RS. per dollar level it 66. high level of $ 65.54 per in touch. business finally closed at a price of $ 66.02 bucks.