Answers
i need this for my project so may require much detail.
idk
To determine the foreign exchange rate for different currencies, check the local paper for exchange rates, and pay attention to the inflation rate ...
wherein certain directives have been issued by the RBI to control the lending in Rupees by a resident of India to an NRI in India.
I hope this website that helps Non Resident Indians living anywhere in world to investments in Indian stock markets & enables them to invest in indian stocks/shares & mutual funds online can help you:
http://www.nriinvestindia.com/aboutus.ht ml
K.Girish
Do i have to report my gains and losses for 2008? or do i report them when i actually take the money out of the fund?
You only report realized gains or losses, i.e. when you sell. Paper gains and losses have no affect on your income or tax calculations.
Whether Foreign Exchange Management Act of India (FEMA) prohibits the Banks from extending financial assistance to person of foreign origin working in India on the work permit issued by the Ministry of Immigration. If not, under the circumstances can he avail of loan jointly with any indian national?
I suspect banks in India are just as unwilling to lend money as are U.S. banks.
You would have to be a very safe investment for banks to take a chance on you in today's climate.
What are the rules & regulations of FEMA (Foreign Exchange Management Act, India, of selling photographs to foreign company or people on line through foreign stock agency. or otherwise. It is evident payment will be in foreign exchange.Is it necessary to have Import-Export Code for selling the phtohgraph online, from DGFT.
as far as i know there are any steadfast rules or restrictions, however you should check some of the code of conducts
Cott Reports Third Quarter 2009 Results
Are relative to the third quarter of 2008)
Cott Corporation (NYSE: COT ) (TSX: BCB) today announced its results for the third quarter ended September 26, 2009. Third quarter 2009 revenue was $404.9 million, as compared to $420.5 million, a decrease of 3.7%. Excluding the impact of foreign exchange, revenue increased 1.1%. Operating income increased to $26.9 million, as compared to an operating loss of $90.5 million. Net income was $13.9 million, or $0.18 per share, as compared to a net loss of $87.6 million, or $1.25 per share. Please refer to the accompanying reconciliation of revenue excluding the impact of foreign exchange to GAAP revenue for non-GAAP measures used in this press release.
"Cott's performance in the third quarter highlights the benefit of our continued focus on costs, operating efficiencies, margins and cash generation, while, at the same time, continuing to provide superior quality and service to our retail customers and their consumers. This is our third consecutive quarter of year-over-year profit growth," commented Cott's Chief Executive Officer, Jerry Fowden. "As the largest private label soft drink producer, we have a strong platform on which to capitalize on the consumer shift toward value and to be the preferred provider for all of our retailer partners," added Fowden.
FEM (Deposit) (Amendment) Regulations, 2009 permits transfer of ...
Foreign Exchange management (Set) (Rectification) Regulations, 2009
In exert of the powers conferred by clause (f) of sub allot (3) of allocate 6 and sub branch (2) of segment 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the For oneself Bank of India makes the following amendments in the Foreign Exchange Management (Put away) Regulations, 2000 (Notification No.FEMA.5/2000-RB dated May 3, 2000) namely : -
News
CME Group Inc. Reports Solid Third-Quarter 2009 Financial ResultsReuters - Oct 29, 2009
"Building on solid third-quarter results, October has been a strong volume month, particularly in foreign exchange and energy," said CME Group Executive and more »Reuters - Oct 29, 2009
This release also discusses organic sales growth (excludes the impact of foreign exchange, acquisitions and divestments). Management believes this measure and more »Reuters - Oct 29, 2009
Examiner.comForeign exchange rates negatively impacted consolidated operating income by approximately $0.5 million. Non-GAAP income from continuing operations for the ICT GROUP Reports Third Quarter 2009 ResultsHarsco Reports Third Quarter 2009 Earnings; Company Sees Return to Earnings Investment Technology Group Reports Third Quarter 2009 Results - -all 968 news articles »
Reuters - Oct 29, 2009
This decline in margin was driven by lower intellectual property licensing royalties and unfavorable foreign exchange, partially offset by continued and more »Benzinga - Oct 29, 2009
Excluding the impact of foreign exchange, revenue increased 1.1%. Operating income increased to $26.9 million, as compared to an operating loss of $90.5 and more »