வெளிநாடுகளில் சொத்து வாங்கினால்.. புதிய &#2965

வெளிநாடுகளில் சொத்து வாங்கினால்.. புதிய &#2965

வெளிநாடுகளில் சொத்து வாங்கினால்.. புதிய கிடுக்கிப்பிடி தயாராகிறது
















புதுடில்லி : வெளிநாடுகளில் சொத்துகளை வாங்குவதற்கும், பண முதலீடு செய்வதற்கும், வருமானவரித் துறையின் அனுமதி கட்டாயமாக்கப்படுகிறது.


இதுகுறித்து, நிதியமைச்சக அதிகாரிகள் கூறியதாவது: கறுப்புப் பண விவகாரங்களை விசாரிக்கும், சிறப்பு புலனாய்வுக் குழுவின் பரிந்துரைகளை அமல்படுத்துவது குறித்து, நிதியமைச்சகம் ஆலோசித்து வருகிறது. 'பிளாக் மணி அண்ட் இன்போசிஷன் ஆப் டேக்ஸ் ஆக்ட், 2015'ல் திருத்தம் கொண்டு வரப்பட்டபின், அறிவிக்கப்படாத வெளிநாட்டு சொத்துகள் மற்றும் முதலீடுகள், மத்திய அரசின் அதிகாரத்திற்கு கீழ் வரும். அவற்றின் உரிமையாளர்கள், ரிசர்வ் வங்கி யின் அனுமதியுடன், சட்டப்பூர்வமாக வாங்கியதை நிரூபிக்க வேண்டிய கட்டாயம் ஏற்படும்.
இனிமேல், வெளிநாடுகளில் சொத்துகளை வாங்குவதற்கு முன்பும், பண முதலீடு செய்வதற்கு முன்பும், வருமானவரித் துறையின் அனுமதி பெறுவது கட்டாயமாக்கப்படும். இவ்வாறு அவர்கள் கூறியுள்ளனர்.


Source: http://www.dinamalar.com/news_detail.asp?id=1567747

Already IT Department is ailing from முடக்கு வாதம் in Indian soil.
இதுல புதிய கிடுக்கிபிடி in alien countries.

Joke of the year !!

The Special Investigation Team which was constituted to curb Black Money has recommended lot of stringent measures and the Government is on enforcing them.

One of its recommendation (SIT) on black money is ban on cash transactions of above Rs 3 lakh and restricting cash holding with individuals to not more than Rs 15 lakh to curb illegal wealth in the economy and this topic was discussed recently in this very same Forum


Here are the recommendations by the SIT:

1) The panel has advocated action under anti-money laundering law for trade-based money laundering, putting a cap on huge cash transactions as these mostly take place in illegal activities like drug trade and betting deals.

2) It has also said there is need to check the generation of black money in the education sector and through donations to religious institutions and charities. This is likely to be the most contentious suggestion, which has potential to put the government in a spot. The reason? The involvement of religion.

3) It wants additional courts to established to decide the pending cases under the Income Tax Act, establishment of Central KYC Registry and empowering the Directorate of Revenue Intelligence under the Special Economic Zone Act.

4) There is a a specific recommendation to take steps to check generation of black money through cricket betting. This too is likely to be a political hot potato as many senior ministers and political leaders are directly involved with the sport in India.

5) The panel has also at length dwelt on the issue of money laundering through misuse of exemption from long-term capital gains tax. It has recommended that capital markets regulator SEBI needs to have an effective monitoring mechanism to study the unusual rise in stock prices of companies when such an increase takes place. "We understand that SEBI has a strong IT infrastructure which can generate red flags for such instances. Such red flags could be built upon trading volumes, entities which contribute to trading volume, financial background of firms through their annual returns and any other indicators SEBI may develop. We believe that with effective and timely monitoring by SEBI a significant number of such instances can be checked in time," the SIT has been quoted as saying in reports.

6) It wants SEBI to share the any such information with the Central Board of Direct Taxes and the Financial Intelligence Unit (FIU). It also said the Enforcement Directorate should then be informed to take action under Prevention of Money Laundering Act for the predicate offences.

7) As far as participatory notes are concerned, the panel has said obtaining information on "beneficial ownership" of these instruments is of crucial importance to prevent their misuse. P-Notes are instruments issued by registered foreign institutional investors to overseas investors, who wish to invest in the Indian stock markets without registering themselves with market regulator SEBI. These have been controversial as there are doubts it is the illegal money that is finding way back into India though these instruments.

8) According to a report in The Hindu, the SIT has said the value of P-Note investments as of end February 2015 was at Rs 2.72 lakh crores. The top five countries from where P-Notes investments be beneficial are Cayman Islands, he US, the UK, Mauritius and Bermuda. According to the report, SIT noted that at Rs 85,000 crore, Cayman Islands accounts for the biggest portion of P-Notes investment. It wondered a small country with just 55,000 population managed to invest such a huge amount in Indian shares, the report said.

Source: http://www.firstpost.com/business/c...s-that-can-put-the-govt-in-a-fix-2420550.html

In general parlance ................ Cash = Currency Notes on hand
In accounting parlance............ Cash = Cash on hand + Cash in Bank Savings & Current account.

I have not gone through the recommendations of Special Investigation Team (SIT);
I presume they mean by Cash............ currency only.