| Author | Message | ||
     Rajusk Legend Username: Rajusk Post Number: 36259 Registered: 02-2008 Posted From: 170.74.55.79 Rating: N/A |
govt keeps on revising Market rates very frequently.. but they cannot move it daily.. so Vij/Gun laanti places lo if the market rate jumped 3/4 times in 6 months.. Govt cannot suddenly say that this is the new market rate..every day..they will measure once in six months or so and then adjust.. once it is done..no part of the market rate can be cash transaction according to this rule | ||
| Ipc302 Moderator Username: Ipc302 Post Number: 20575 Registered: 02-2008 Rating: N/A |
attage advt sesar FB la...janalaki black money tecchesthe 15 lakh per family/head edo sodi discos nadisayi.... | ||
| Kuyyo_morro Hero Username: Kuyyo_morro Post Number: 17187 Registered: 02-2011 Posted From: 65.218.189.132 Rating: N/A |
Idi already unna rule e kada. 1 cr land value is 1.5cr in actual market. Aa paina 50 lakhs transaction is cash deal. Actual land value should match registration land value, then this problem can be fixed. Anthe kani itlanti sodhi laws tho nothing will happen. | ||
| Rajusk Legend Username: Rajusk Post Number: 36257 Registered: 02-2008 Posted From: 170.74.55.79 Rating: N/A |
problem emundi rao garu... they made law in Feb it is mandatory from April 1st.. janalu black money ante...Modi and co...mootalalo dinchutaru ..goods train lo nunchi anukontunnar.. this is one way of stopping the flow..slow gaa oka oka loop hole cover cheyyali.. | ||
| Nippu Side Hero Username: Nippu Post Number: 7329 Registered: 12-2008 Posted From: 171.161.160.10 Rating: N/A |
this will only go if govt bans 500 and 1000 rs notes first. | ||
| Gsn1 Side Hero Username: Gsn1 Post Number: 3242 Registered: 03-2008 Posted From: 174.78.225.66 Rating: N/A |
Good Law. As usual like any law in India, the implementation is the PROBLEM. | ||
| Ipc302 Moderator Username: Ipc302 Post Number: 20574 Registered: 02-2008 Rating: N/A |
ntha PAN ledha digital currency sesi dobbali...asale paper currency lo baaga fake notes ekkuva avuthayi thanks to freindly nieghbours | ||
| Royyala_nayudu Side Hero Username: Royyala_nayudu Post Number: 4586 Registered: 04-2014 Posted From: 205.144.127.200 Rating: N/A |
This is the biggest issue. There is no check on how much cash can be given to the builder. | ||
| Rajusk Legend Username: Rajusk Post Number: 36256 Registered: 02-2008 Posted From: 170.74.55.79 Rating: N/A |
In order to tackle the black money menace, Finance Minister Arun Jaitley announced in his budget that cash transactions of more than Rs 20,000 in purchase of immovable property will not be allowed. Quoting the Permanent Account Number, or PAN, has been made mandatory for real estate transactions of more than Rs1 lakh. âThe Finance Bill includes a proposal to amend the Income Tax Act to prohibit acceptance or payment of an advance of Rs 20,000 or more in cash for purchase of immovable property. Quoting of PAN is being made mandatory for any purchase or sale exceeding the value of Rs 1 lakh,â Jaitley said bottomline Starting April 1st Real Estate companies cannot accept Cash for any amount that is part of sale..that is recorded in the document. this is effective April 1st 2015 the disparity between market value and govt value can still be covered by cash..but not for long, looks like.. |
