LEVY OF SERVICE TAX ON EXTERNAL COMMERCIAL BORROWINGS FROM FOREIGN BRANCH OF AN INDIAN BANK

1. Service tax authorities, of late, have been issuing notices to various borrowers of External Commercial Borrowings (ECB’s) from foreign branches of Indian banks and holding them liable to pay <a rel=”nofollow” onclick=”javascript:_gaq.push([‘_trackPageview’, ‘/outgoing/article_exit_link’]);” href=”http://www.taxmann.net/STOnlineWeb/NewHomePage/Home.aspx?pId=160″>Service tax</a> from September 10, 2004 under section 65(12)(a)(ix) of the Finance Act, 1994 which covers ECBs. According to the … Read more

Improving Your Credit with a Mortgage Refinance Loan

The loan market is quite a tough ride for those borrowers who are facing bad credits. That is because not all the lending companies offer loan to the borrowers with bad credits. Generally, the lenders who offer to give a bad credit mortgage refinance loan charge a very high rate of interest than the regular … Read more

How to get a no doc refinance loan online

If you are struggling to find a traditional mortgage loan because you cannot document enough of your income to qualify, you could benefit from a no doc mortgage loan. Here is what you need to know about this unconventional type of no credit check refinance loan. Traditional financial lenders require documentation of income when applying … Read more

Cash Loans: No Dissatisfaction and No Late Delivery

You can get the cash loans for various purposes. These are not been strictly made for any especial purpose. However, for emergencies these are just very ideal as these do not irritates or dissatisfy the borrowers by making late delivery. As assured by it, everything in these loans takes place fast and hence, most of … Read more