Wednesday, July 31, 2013

GRAMATHANA SITES REGISTRATION - BEYOND BBMP LIMITS

THE ORIGINAL GRAMATHANA SITES ARE DISTINGUISHED BY KANESHMARI NUMBER AND FORM NO.9 AND FORM NO.11 HAD BEEN LEGITIMATELY ISSUED BY THE GP/VP OFFICES.

BUT, IRREGULAR/ILLEGAL/UNAUTHORISED SITES FORMED IN AGRICULTURAL LAND, WHICH HAD BEEN REGISTERED WITH THE HELP OF FORM NO.9 AND FORM NO.11, WHICH STANDS CANCELLED/WITHDRAWN, FOR THESE KINDS OF SITES ARE CARVED OUT OF AGRICULTURAL LANDS/GREEN BELTS/BEYOND ORIGINAL GRAMATHANA LIMITS, MAY NOT BE ABLE TO TRANSACT NOW.

THE RDPR DEPARTMENT HAS BEEN DIRECTED BY THE HIGH COURT NOT TO ISSUE THESE FORMS WITHOUT THOROUGH SCRUTINY AND INSTRUCTED THE DEPARTMENT TO ISSUE FORM NO.9A  (COMPUTER GENERATED) APPROVED BY PDO AND THASILDAR ON THE DOCUMENTS SUBMITTED.

ALL THE RELEVANT DETAILS ABOUT THE PROPERTY LIKE SURVEY NUMBER, DC CONVERSION ORDER NO, LAYOUT APPROVAL BY THE PLANNING AUTHORITY, ADDRESS PROOF, ID PROOF OF THE SELLER AND THE BUYER, LOCATION, PHOTO OF THE PROPERTY, TAX PAID RECEIPT, ASSESSMENT COPY AND CONVEYANCE DEEDS MUST BE SUBMITTED TO THE PDO.  THE PDO WILL SCRUTINISE AND FORWARD THE APPLICATION TO THE THASILDAR FOR THE APPROVAL. UPON THE APPROVAL FORM NO.9A WILL BE ISSUED. 

OVERWHELMING RESPONSE TO E-FILING- LAST DAY FOR FILING EXTENDED TO 05-08-2013



E-filing of Income Tax Returns got Good Response and the last day for the filing is extended up to 05-08-2013

More than 82 Lakh Returns E-Filed till 29th July, 2013 which is More than 40% of the Returns e-filed during the Same Period Last Year; Record Peak of more than 85,000 Returns Per Hour Achieved.

But,some taxpayers have reported problems in accessing e-filing portal which is primarily due to network constrains of the local internet service providers.

Due to some network problems, the tax payers could not access the website to file the e-returns till late in the evening today.  The Finance department has extended the last day for the submission of income tax returns to be filed within 05-08-2013.

Saturday, July 27, 2013

SEBI TO THE RESCUE TO THE INVESTORS IN THE PONZI SCHEMES AND FRAUD COMPANIES



SEBI to the rescue of those duped by ponzi schemes to get their back money

The Securities and Exchange Board of India (SEBI) said its new powers would help in recovery of money from the fraudulent firms and return them to the investors. The recent amendments have empowered the SEBI to initiate stringent action against unauthorised chit funds and other financial agencies running a business violating rules and regulations.

       "Through the new ordinance, SEBI can search and seize ponzi companies besides recovering their properties and returning it to the investors," SEBI Chairman UK Sinha told a national seminar on 'Investors Education and Protection for Inclusive Growth' in Bhubaneswar.

Stating that the regulator was determined to comedown heavily on ponzi companies, Sinha said "SEBI has taken several initiatives to protect the interests of the common investors". In a major upgrade of powers given to SEBI, the government has allowed it to pass orders like search and seizure, attachment of properties, arrest and detention of defaulters and pass disgorgement directions to recover the wrongful gains made in contravention of laws. As per amended law, Sebi can regulate any money pooling scheme worth Rs 100 crore or more and attach assets in cases of non-compliance.


Tuesday, July 23, 2013

RESTRICTIONS ON THE IMPORT OF GOLD BY RBI !



Import of Gold –RBI Guidelines
RBI/2013-14/148
A.P. (DIR Series) Circular No.15
July 22, 2013
To
All Scheduled Commercial Banks which are Authorised Dealers (ADs) in
Foreign Exchange/ All Agencies nominated for import of gold
Madam / Sir,
Import of Gold by Nominated Banks /Agencies/Entities
Attention of Authorised Persons is drawn to the Reserve Bank’s A.P. (DIR Series) Circulars No. 103, 107 and 122 dated May 13, June 04 and June 27, 2013 respectively on the captioned subject. ;As per these instructions, certain restrictions were imposed on the import of various forms of gold by nominated banks/nominated agencies/ premier or star trading houses/SEZ units/EoUs which have been permitted to import gold for use in the domestic sector. None of these restrictions was applicable to import of gold for the purpose of exports or to import of gold by units in SEZ exclusively for the purposes of exports.
2. Based on a review of the above instructions and in consultation with Government of India, it has been decided to rationalize the import of gold in any form/purity including import of gold coins/dore into the country. Accordingly, the following instructions are issued:
a) It shall be incumbent on all nominated banks/nominated agencies to ensure that at least one fifth of every lot of import of gold (in any form/purity including import of gold coins/dore) is exclusively made available for the purpose of export. Such imports shall be linked to financing of exporters by the nominated agencies (i.e. average of last three years or any one year whichever is higher). Further, they shall make available gold in any form for domestic use only to entities engaged in jewellery business/bullion dealers supplying gold to jewellers.
b) They will be required to retain 20 per cent of the imported quantity in the customs bonded warehouses.
c) They are permitted to undertake fresh imports of gold only after the exports have taken place to the extent of at least 75 per cent of gold remaining in the customs bonded warehouse.
d) Any import of gold under any type of scheme, shall follow the 20/80 principle set out at (a) and (b) above. The extant instructions, as regards import of gold on consignment basis, LC restrictions etc. stand withdrawn.
e) A working example of the operation the scheme envisaged in terms the present instructions is given in the Annex.
3. Entities/units in the SEZ and EoUs, Premier and Star trading houses are permitted to import gold exclusively for the purpose of exports only.
4. AD Category I Banks are advised to strictly ensure that foreign exchange transactions effected by / for their constituents are compliant with the above instructions. Head Offices of nominated agencies / International Banking Divisions of banks would be responsible for monitoring operations of the revised scheme taking into account transactions put through different centres.
5. Government of India will be issuing separate instructions, if any, to the customs authorities/DGFT to operationalize and monitor these import restrictions.
6. The above instructions will come into force with immediate effect. Authorised dealers may please bring the contents of this circular to the notice of their constituents and customers concerned.
7. The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999), and are without prejudice to permissions / approvals, if any, required under any other law.
Yours faithfully
Rudra Narayan Kar
Chief General Manager-in-Charge

FORM NO.9 AND FORM NO.11 AND THE COMPUTER GENERATED AND AUTHENTICATED NEW DOC FOR REGISTRATION IN KARNATAKA



The RDPR Department of Karnataka has issued a circular recently to obtain the COMPUTER GENERATED FORM NO.9 OR KATHA TO BE SUBMITTED AT THE TIME OF REGISTRATION IN THE OFFICE OF THE SUB – REGISTRAR from the concerned VP Offices.

Earlier Form No.9 and Form No.11 were to be submitted at the time of registration.

Form-9 is document issued by Grama Panchayat for non-agricultural properties in its jurisdiction as per Karnataka Panchayat Raj,contains the assessment list of building and lands liable to taxation.


Form-11 is document issued by Grama Panchayat for non-agricultural properties in its jurisdiction as per Karnataka Panchayat  and Form-11 register is also called as Register of Demand, Collection and Balance of land and building.


The Government of Karnataka has made submission of these documents MANDATORY at the time of registration of properties in karantaka on 30-06-2009 and the recent circular has made these documents a DUD.

Sunday, July 21, 2013

MARKET VALUE OR GUIDANCE VALUE OR CIRCLE RATES FOR THE REGISTRATION OF PROPERTIES IN BANGALORE

THE STAMPS AND REGISTRATION DEPARTMENT HAS PUBLISHED THE PROVISIONAL MARKET OR GUIDANCE VALUES ASSESSED BY THE CENTRAL VALUATION COMMITTEE AND HAS INVITED OBJECTIONS OR REPRESENTATIONS FROM THE PUBLIC BEFORE ENACTING THE PRICES.

THE INCREASE APPEARS TO BE IN THE RANGE OF 20% TO 30% ON AN AVERAGE IN THE BANGALORE URBAN AND RURAL DISTRICTS.  IN DEVELOPING TALUKS LIKE BANGALORE EAST, NORTH, ADDITIONAL NORTH AND DEVANAHALLY ZONES THE RISE APPEARS TO BE BETWEEN 0% TO 100%.

HIGH END APARTMENTS WITH AMENITIES WILL HAVE INCREASED VALUE FOR REGISTRATION DEPENDING UPON THE ELEMENTS OF AMENITIES, WHICH HAS BEEN CLASSIFIED INTO GROUPS.

IN ALL THE PROBABILITIES, THE STAMP DUTY WILL BE HIKED ONCE THE GENERAL ELECTIONS ARE OVER.

THE CATCH NOW IS GETTING A COMPUTER GENERATED FORM NO.9 AND FORM NO.11 FOR GRAMATHANA SITES.

BDA APPROVED LAYOUTS AND BMRDA APPROVED LAYOUTS WILL GET COMPUTER GENERATED FORM NO.9 AND FORM NO.11 AND GENUINE GRAMATHANA SITES WITH KANESHMARI NUMBER WILL ALSO GET THESE FORMS BUT OTHER PROPERTIES MIGHT FIND IT DIFFICULT TO GET THESE CERTIFICATES.

We pay respectful homage to our heroes, who had laid down their lives for us on KARGIL DIVAS !!!



Kargil War Heroes.

We pay respectful homage to our heroes, who had laid down their lives for us

527 soldiers from Indian Armed Forces sacrificed their lives during the war
Lieutanant Col R.Vishwanathan

Major Rohit Gaur
Major Ajay Prasad
Major C.B. Dwivedi
Major Ajay Singh Jasrotia
Major Kamlesh Prasad
Major Padmapani Acharya
Major Parmanand
Major Rajesh S. Adhikari
Major Vivek Gupta
Major Mariappan Saravanan
Major Manoj Talwar
Captain Amit Bhardwaj
Captain Aditya Mishra
Captain Haneefuddin
Captain Jerry Premraj
Captain Jintu Gogoi
Captain Keishing Clifford Nongrum
Captain P.V.Vikram
Captain Vikram Batra
Captain Anuj Nayyar
Captain Amol Kalia
Captain Kanad Bhattacharya
Captain K.C.D. Shivakar
Captain Deepak Guleria
Captain Sumeet Roy
Captain Amit Verma
Lieutanant Amit Kaul
Lieutanant Neikezhakou Kengurusie
Lieutanant Sourav Kalia
Lieutanant Vijayant Thapar
Lieutenant Manoj Kumar Pandey
Lieutenant Amit Bhargava
Deputy Commander Sukhbir Singh Yadav
Driver-Soldier Gopinath Moharana
Flight Engineer Raj Kishore Sahoo
Flight Lieutanant S Muhilan
Grenadier Amardeep
Grenadier Bajinder Singh
Grenadier Mohan Katha
Grenadier Munish Kumar
Grenadier Raj Kumar
Grenadier Yogendra Singh Yadav Grenadier Udhaymaan Singh (SM) Havaldar Abdul Karim
Havaldar Beejay Singh
Havaldar Daler Singh Bahu
Havaldar Jai Prakash Singh
Havaldar Khazan Singh
Havaldar Padam Singh Dhama
Havaldar Ram Kumar
Havaldar Sarwan Singh Sengar
Havaldar Surendra Singh
Havaldar Sultan Singh Narwari
Havaldar Tan Bahadur Chhetri
Havaldar Tsweang Rigzin
Havaldar Yashvir Singh
Jawan Arvind Kumar Pandey
Lance Havaldar Ramkumar
Lance Havaldar Samandar Singh Hooda
Lance Naik Ahmed Ali
Lance Naik Balwan Singh
Lance Naik Bijender Singh
Lance Naik Eknath Khairnar
Lance Naik Gurmail Singh
Lance Naik Hera Singh
Lance Naik Keshan Singh
Lance Naik Madan Singh
Lance Naik Manas Ranjan Sahu
Lance Naik Om Prakash
Lance Naik Rakesh Chand
Lance Naik Ram Kumar Pradhan
Lance Naik Surianam Singh
Lance Naik Shankar Shinde
Lance Naik T.S.Jaswant Singh
Lance Naik Rajendra Yadav
Naik Anand singh
Naik Bharat Singh
Naik Birender Singh Lamba
Naik Buta Singh
Naik Chaman Singh
Naik Dharam Singh
Naik Ganesh Prasad Yadav
Naik Guardian Mekh Bahadur Gurung
Naik Jagat Singh
Naik Kasmir Singh
Naik Krishan Pal
Naik Mangat Singh
Naik Narayana Rao Desai
Naik Nirmal Singh
Naik R. Kamaraj
Naik Raj Kumar Punia
Naik Rakesh Chand
Naik Ram Swarup
Naik Sachidananda Malik
Naik Samunder Singh
Naik Shatrughan Singh
Naik Shiv Vasayya
Naik Surendra Singh
Naik Surendra Pal
Naik Surjeet Singh
Naik Subedar Lal Chand
Naik Vikram Singh
Naik Yoginder Singh
Rifleman Ansuya Prasad Dhayani
Rifleman Bachan Singh
Rifleman Dabal Singh
Rifleman Dilwar Singh
Rifleman Jaideep Singh
Rifleman Kuldeep Singh
Rifleman Linkon Pradhan
Rifleman Mohammed Aslam
Rifleman Mohammed Farid
Rifleman Rattan Chand
Rifleman Shaukat Hussain Kalgam
Rifleman Sunil Jungt Mahat
Rifleman Varinder Lal
Rifleman Vikram Singh
Rifleman Guardian Johar Singh
Rifleman Guardian Sarvan Kumar
Sergeant PVNR Prasad
Sergeant Raj Kishore Sahu
Sepoy Ajmer Singh
Sepoy Amardeep Singh
Sepoy Anil Kumar
Sepoy Arjun Ram
Sepoy Arvind Kumar Pandey
Sepoy Bajinder Singh
Sepoy Bhanwar Lal Bagaria
Sepoy Bhikaram
Sepoy Chara Nicholas
Sepoy Dharambir Singh
Sepoy Dineshkumar Vaghela
Sepoy Gangching Konyak
Sepoy Gazpal Singh
Sepoy Gopinath Mohrana
Sepoy Harendragiri Goswami
Sepoy Jugal Kishore
Sepoy Har Prasad
Sepoy Karan Singh
Sepoy Keolanand Dwivedi
Sepoy Kewal Anand
Sepoy Khem Raj
Sepoy Krishan Kumar
Sepoy Moola Ram
Sepoy Naresh Singh
Sepoy Pramod Kumar
Sepoy Rajinder
Sepoy Rajvir Singh
Sepoy Raswinder Singh
Sepoy Satvir Singh
Sepoy Satnam Singh
Sepoy Senthil
Sepoy Shaikh Mastan Wali
Sepoy Sheesh Ram
Sepoy Shiv Shankar Prasad Gupta
Sepoy Sukhwinder Singh
Sepoy Suresh Chhetri
Sepoy Suresh Kumar
Sepoy Varinder Kumar
Sepoy Vijaypal Singh
Signalman Rajan Sahu
Signalman Vinod Kumar
Subedar Bhanwar Lal
Subedar Harpaul Singh
Subedar Lal Singh
Subedar K. Medappa
Subedar Randhir Singh
Subedar Sumer Singh Rathore
Squadron Leader Ajay Ahuja
Squadron Leader Rajiv Pundir
Squadron Leader Lal Singh
Squadron Leader Ojha
Zrfn Man Singh
Zrfn Kaushal Yadav
Zrfn Basavaraj Chougala


BBMP-Planning to regularise(convert) B Katha to A Katha

The BBMP has sent a proposal to the State Government of Karnataka to regularise (convert) B katha properties (vacant properties-without an...