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Pound's slide hits Foreign Office

Sun, 08 Feb 2009 01:51:51 GMT | BBC News

The collapse of the pound will put the Foreign Office under "serious financial pressures" in the coming year, a parliamentary report warns.


Finally, for Foreign Law Firms, a Passage to India?

February 13, 2009, 1:54 pm | WSJ.com: Law Tax Attorney

The Times of India recently reported that the newly-enacted Limited Liability Partnership Act could mean that foreign firms can set up shop in India.


Tax Planning with the Foreign Earned Income Exclusion

Wed, 18 Feb 2009 00:35:08 +0000 | About.com Tax Planning: U.S.

The foreign earned income exclusion is terrific tax break for Americans who work and live abroad. With the foreign exclusion, Americans can earn up to $91,400 in foreign salaries completely...


Govt may not ease norms for foreign banks

Sun, 22 Feb 2009 18:32:00 GMT | Business Standard

India will not allow a greater role for foreign banks in the Indian banking system when the review of the next round of banking reforms begins later this year because of uncertainties surrounding the current global financial crisis.


Foreign worker numbers decreasing

Tue, 24 Feb 2009 10:46:44 GMT | BBC News

Figures show a 7% fall in the number of National Insurance numbers issued to foreign workers in the year to September 2008.


Letters: Subterfuge works

Tue, 24 Feb 2009 19:00:07 GMT | Business Standard

This refers to New class of foreign investors, February 23, where the author convincingly argues that the new rules on foreign investment are open to abuse. Through a series of holding companies, the article argues, foreigners can bankroll up to 90 per cent, and more, of a company while, thanks to the new rules, appearing to hold only a small share of the companys equity. This makes a mockery of foreign investment caps, and favours those companies who are confident of managing their partners well.


Forex reserves dip $165 mn

Fri, 27 Feb 2009 18:31:00 GMT | Business Standard

Indias foreign exchange reserve fell by $165 million to $249.52 billion during the week ended February 20, 2009, due to revaluation in foreign currency. According to the Reserve Bank of India (RBI) data, the foreign exchange assets dipped by $156 million to $ 239.82 billion.


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