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

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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

No Fax Payday Loans : No Need to Fax Any Paper for Availing Payday Loans

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Sometimes people find urgent need of money between paydays and that time what helps them is Payday Loans. But, if they do not want to get across the hassles of faxing the papers and other unnecessary formalities then you can avail No Fax Payday Loans. Number of loan lending companies are available on internet providing … Read more

Bad Credit No Fax Payday Loans: You are Eligible for Payday Loans in Spite of Your Credit

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Having a bad credit appears as a problem when you go to apply for Payday Loans and then there are hassles of faxing papers and other formalities. Now people want get rid of all this. People having bad credit score have to suffer a lot because their application forms are rejected by loan lending companies. … Read more