As per [MOF (DEA) Notification No GSR 585 (E) dated 25.7.2003], NRIs cant invest in PPF, provided that if a resident who subsequently becomes Non Resident Indian during the currency of the maturity period prescribed under Public Provident Fund Scheme, may continue to subscribe to the Fund till its maturity on a Non Repatriation Basis.
Query:

Does the term "maturity" above include the block of five years allowed for extention by the rules, beyond the initial stipulated period of fifteen years? This has not been clarified in the rules. Or, is it necessary to withdraw the amount already invested in PPF, after the passage of the fifteen years? Also, please site case law, if any, to support the arguement. I get to read both versions (some say extention is not allowed in such cases and some say that as the law is silent, we can continue being invested)on the internet. Kindly clarify

Thanks and Regards

Dear Experts...

If a company have debtors 3 year old and
give advances to different supplyers but
not receover money and not received material and not proceed for legel action then what action take in accounts finilization if this advances and debtors 3 year old..

Under Delhi VAT

For Charging VAT, Whether Sale price includes Transportation Charges or not?

IS tds applicable for remittance to foreign party for job search in foreign country, by an indian party.

My company reimburses medicine bills/doctors fees/any other medical expense to the tune of Ss 15000.00 per annum at the end of year. Please let me know if such reimbursed amount is taxablein my hands? Is the company liable to pay FBT on such reimbursed amount? Thnx.

To make the Excise Payment, cheque should be drawn in who's favour? In short who will be the payee??

Same in the case of payment of Service Tax?

Regds

Amendment in Indirect Tax in Budget 2009 are applicable to june 2009 students????
if applicable than up to what extant?????

number changed in auditing assurance and segment wise segregation are applicable for june 2009 students??????

i lost my eligibility certificate for pe-2.., any one can help me on this ??

it is very urgent

i had taken leaves for pcc exams for 3 months & i have cleared it.
now my query is that ICAI rules are that a student can take leave for 3 months for pcc exams so will this leaves considered paid leaves?
if yes than can u plz give a reference to the regulatory or Act?