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| ADVERTISEMENT |
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| INTERVIEWS |
 “ The norm should be capital adequacy, not paid-up capital” [ 2009-07-14 12:44:50 ]
Sashin Joshi, the CEO of NIC Bank Ltd. and the President of Nepal Bankers ’ Association (NBA), shares his views on the latest situation of Nepali banking industry. Excerpts from an interview: |
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| OPINIONS |
| Query: is it necessary to deduct tds while payment of telephone bills and electricity bills? |
| 2010-07-08 06:55:56 |
| Santosh: TDS is not required to be deducted on Telephone bills and electricity bills. |
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| FOREX WATCH |
Open Market Exchange Rates
Mon, Aug 2, 2010
|
| Currency |
Unit |
Buying/Rs. |
Selling/Rs. |
| British £ |
1 |
115.76 |
116.7 |
| IC |
100 |
160 |
160.15 |
| Japanese ¥ |
10 |
8.55 |
8.62 |
| Australian $ |
1 |
66.65 |
67.19 |
| Canadian $ |
1 |
71.47 |
72.05 |
| Singapore $ |
1 |
54.29 |
54.73 |
| Euro (€) |
1 |
96.82 |
97.6 |
| Chinese Yuan |
1 |
10.92 |
11.01 |
| Swiss Franc |
1 |
71.08 |
71.66 |
| US $ |
1 |
73.95 |
74.55 |
| Saudi Arabian riyal |
1 |
19.72 |
19.88 |
| Qatari riyal |
1 |
20.32 |
20.48 |
| UAE Dirham |
1 |
20.13 |
20.29 |
| Malaysian ringgit |
1 |
23.25 |
23.44 |
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