The allure of some sort of tax holiday on repatriated earnings, which I covered in this blog back in June 2011, remains strong. In October, members of the House of Representatives’ Democratic Blue Dog Coalition, a group of fiscal conservatives, added their support behind H.R. 1834, or the “Freedom to Invest Act of 2011,” as [...]
Highest Paid Deposit As on January 2012 -Senior Citizen and Normal Rate
Institution
Duration
Rate
Senior Citizen
Deposit Amount Restrictions
Lakshmi Vilas Bank (LVB)
1 year-2 years
10.5
10.75
Tamilnad Mercantile Bank (TMB)
1 year-2 years
10.25
10.5
Must be atmost Rs. 1 crore
Catholic Syrian Bank (CSB)
375 days-990 days
10.1
10.6
Must be atmost Rs. 50 lakhs
City Union Bank (CUB)
1 year-3 years
10
10.25
Must be atmost Rs. 1 crore
Development Credit Bank (DCB)
540 days
10
10.5
Must be [...]
Mein Gott! Time to jump from the nearest bridge. The first euro summit of the new year is already in the diary – next Monday in Berlin between Merkel and Sarkozy. Click on the video to see the preview. Meanwhile, there’s still no sign of a let up in Germany’s hardline opposition to European Central [...]
Divorce day is the lawyers’ nickname for January 3 when unloving couples return from the compulsory cheerfulness of Christmas holidays determined to seek new and separate lives in the New Year. Cynics say that marriage is the biggest financial mistake most men ever make but rising numbers of wealthy or well-paid women are now equally [...]
