Foreign Currency Transfers – Market Summary from SendMoneyHome ? 13/07/2010

Good afternoon, there has been a fair amount of discussion on the wires this morning as to robust ability of the coalition’s austerity budget in the currency markets from Moneycorp, Currencies Direct, Voltrex and TorFX. Today is primarily a continuation of yesterday’s feelings towards the UK and the Euroland. It is the turn of the … Read more

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

Learn How to Handle Tenants who Pay Late

You manage your own investment property, but your tenant had not yet paid the rent. Should you phone the tenant? Should you send email? Should you go to the tenant? What should you do with late-paying tenants? Well, the first thing that you should remember is not to panic. One of the difficult problems that … Read more