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NRI Forum
I want to know the regulations and guidelines for non-resident Indians to invest in units of mutual funds.
The tax officer has disallowed such expenses and raised the tax demand. He is threatening to initiate penalty proceedings. Do I have any escape from the penal provisions?
With the general elections being round the corner, is there any move to regulate funding of political parties by corporate bodies?
Is it possible for me to get a loan from a bank against security of gold coins and ornaments? Is this permitted by the central bank?
I want to know whether the expenditure incurred on renovation will be taxed in my hands because it will be quite substantial.
The Indian government has again increased the import duty on gold. Will this have an adverse impact on availability of gold in India, which is purchased in large quantities during the marriage season?
S.K. Gupta, Dubai
Would we enjoy the tax exemption in respect of the profits earned from both onshore and offshore development?
Our chartered accountant has informed us that this may create a problem while claiming exemption of capital gains. Please advise.
What are the tax implications of lending?
One of the banks has made an excuse for not granting the loan. Can action be taken against the bank?
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