UNAUTHORISED LAYOUTS WITHIN BDA LIMITS – A PRESS REPORT. THIPPAGONDANAHALLI RESERVOIR ENCROACHMENT WILL BE CLEARED – MORE ZONE TO BBMP FOR BETTER ADMINISTRATION


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

BUYING A BENAMI PROPERTY OR BUYING A PROPERTY FROM A BENAMIDAR? WATCH OUT AND BEWARE!


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!

RELAXATION OF WITHDRAWAL LIMIT – RBI – IN CERTAIN CASES – WHEN NEW CURRENCY IS DEPOSITED IN LIEU OF BUSINESS OR REGULAR OFFICIAL TRANSACTION


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

AKRAMA HEARING TOMORROW


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.


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.

Amendments to The Income Tax Act – Post 8-11-2016 Deposits


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


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

BUYING PROPERTIES !!! GOOD TIME !!!!BARGAIN !!!!! NO GIMMICKS !!!!!! PHYSICAL BENEFITS ONLY!!!!!!!


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!!!!!!!

RBI-Withdrawal of cash – Weekly limit


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

NRI`S DEPOSITS INCREASE BY 80% POST DEMONETISATION


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.  

IMPACT OF H1B VISA AND OUTSOURCING


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