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As per international trade practice, the default payment currency for all contracts for importing crude oil is the US dollar, , oil importers, oil ministry, rupee-denominated, vostro account ....
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The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the assessee, HSBC, was not under obligation to withhold tax from Nostro Account Maintenance Charges in terms of Section 195. ....
To save forex, India has been working on promoting the Rupee trade with many countries. This is also with the aim to reduce dependence on the US dollar. ....
'Panic Mode Activated' :Zimbabweans React as Hopewell Chin'ono Discloses Reserve Bank Governor John Mangudya's Response to Nostro Account Concerns iharare.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iharare.com Daily Mail and Mail on Sunday newspapers.