JAN DHAN - DHANA DHAN RESERVE BANK OF INDIA RBI/2016-17/165 DCM (Plg) No. 1450/10.27.00/2016-17 November 29, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks Dear Sir, Accounts under PMJDY - Precautions … Continue reading JAN DHAN – DHANA DHAN
Akrama Sakrama scheme, which is being heard in the High Court of Karnataka is adjourned and will be heard tomorrow too.
127 unauthorised layouts identified within BDA limits With 127 unauthorised residential layouts being identified within the Bangalore Development Authority (BDA) limits, the government has constituted a high-level committee, headed by the Additional Chief Secretary, to prescribe guidelines for tackling them and also curb formation of new illegal layouts. Disclosing this while replying to Janata Dal … Continue reading UNAUTHORISED LAYOUTS WITHIN BDA LIMITS – A PRESS REPORT. THIPPAGONDANAHALLI RESERVOIR ENCROACHMENT WILL BE CLEARED – MORE ZONE TO BBMP FOR BETTER ADMINISTRATION
Akrama Sakrama might be taking a good shape, if Government decides to regularise only the properties within the said parameters with all safety precautions.
The Akrama Sakrama scheme which is being heard will be heard tomorrow too!!!
Propose to buy a property? Check the antecedents of the property and the sellers as well or you may face litigation or lose the property. Do not buy any property from a benamidar. Do not buy a benami property. Check and identify the benami property and the benamidar, before the transaction or else end up … Continue reading BUYING A BENAMI PROPERTY OR BUYING A PROPERTY FROM A BENAMIDAR? WATCH OUT AND BEWARE!
RESERVE BANK OF INDIA RBI/2016-17/163 DCM.No.1437/10.27.00/2016-17 November 28, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks Dear Sir, Withdrawal of cash from bank deposit accounts - Relaxation It has been … Continue reading RELAXATION OF WITHDRAWAL LIMIT – RBI – IN CERTAIN CASES – WHEN NEW CURRENCY IS DEPOSITED IN LIEU OF BUSINESS OR REGULAR OFFICIAL TRANSACTION
The Akrama - Sakrama will be heard tomorrow in the High Court Of Karnataka. Hope to hear some positive news.
Taxation Laws (Second Amendment) Bill, 2016 introduced in Lok Sabha; A scheme namely, ‘Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016’ (PMGKY) proposed in the Bill. Evasion of taxes deprives the nation of critical resources which could enable the Government to undertake anti-poverty and development programmes. It also puts a disproportionate burden … Continue reading Taxation Laws (Second Amendment) Bill, 2016 introduced in Lok Sabha; A scheme namely, ‘Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016’ (PMGKY) proposed in the Bill.
Government tables amendments to the Income Tax Act to penalise post-November 8 deposits above the threshold of Rs. 2.5 lakh, in the Rajya Sabha at 2-00 P.M. today.
Benefits of Demonetisation - Facts - It will have a long term effects on our society 100% fake currency in Rs.500/- and Rs.1,000/- isout of circulation in one stroke! Cash lying with Terrorists, Maoists and Naxalites is useless. Hawala sources dried up for funding of terrorists, maoists, naxalites, conversion lobby and Jihadis. Jan Dhan accounts … Continue reading Benefits of Demonetisation – Facts
BENAMI DEPOSITS AND PROPERTIES – A DISCUSSION The government aims to prosecute persons who have deposited someone else money in their bank account by bringing new legislature called Benami transaction (prohibition) amendment act, 2016. This amendment act is introduced in replacement of the original Benami Transaction (prohibition) act 1988. This act serves the purpose of identifying the … Continue reading BENAMI DEPOSITS AND PROPERTIES – 7 YEAR`S MAXIMUM JAIL TERM ?
WILL THERE BE A GOLD CONTROL ACT? PREPARE FOR YET ANOTHER BOMBARDMENT !!! THERE IS A STRONG APPREHENSION THAT THE GOVERNMENT OF INDIA MAY BRING A STRONG LEGISLATION TO BRING THE GOLD (ILLEGAL AND UNDECLARED) INTO ACCOUNT SOON. ALL THE SIGNALS ARE POINTING TOWARDS A STRONG ACTION SOON ON GOLD Transactions in share market, real … Continue reading WILL THERE BE A GOLD CONTROL ACT?
PV Sindhu has reached the final of the Hong Kong Open and wish her to be back home VICTORIOUS. Congrats!!!!
Right time to buy? Yes. But, must be very careful and alert. Do not buy illegal, unauthorised, violated, deviated and encroached properties at throwaway prices. Buy the best. No compromises. Title must be good. All the licenses and NOC`s must be in place. Interest must be at the LOWEST. All other sundry expenses like cheating … Continue reading BUYING PROPERTIES !!! GOOD TIME !!!!BARGAIN !!!!! NO GIMMICKS !!!!!! PHYSICAL BENEFITS ONLY!!!!!!!
Withdrawal of cash – Weekly limit RBI/2016-17/158 DCM (Plg) No.1424/10.27.00/2016-16 November 25, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks Dear Sir, Withdrawal of cash – Weekly limit Please refer to … Continue reading RBI-Withdrawal of cash – Weekly limit
Non Resident Indians are transferring money to India are on high level post demonetisation. The deposits have increased almost between 80% to 100% from 08-11-2016 to 24-11-2016, due to the devalued rupee.
The impact of the Trump Administration on Indian IT Sector will be known only by the New Year and it is widely believed that the outsourcing to India might be halved (50%) on the new projects or on the renewal of the existing contracts and few lakh H1B might be compelled to return to Indian … Continue reading IMPACT OF H1B VISA AND OUTSOURCING