On 01/11/2007, JoeGoaUk <[EMAIL PROTECTED]> wrote:
> Rs.50,00,000
>
> First of all let's see what Rs.50,00,000 also mean?
.........................
> We now see what its worth in Goa?
.
> OK, lets see what returns it may fetch if we kept the same in the Indian 
> Banks.
...................
> Rs.4,62,500 (@9.25 domestic/Taxable)
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> [EMAIL PROTECTED]


QUESTION: What is the rate of tax payable on interest earned ? In the
U.K. it is 20%.

-- 
DEV BOREM KORUM.

Gabe Menezes.
London, England

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