No Stamp Duty Required for transfer of property to relatives

GOVT. WAIVES STAMP DUTY ON TRANSFER OF LAND / FLAT TO KIN or FAMILY MEMBERS

Hon’ble Revenu Minister Eknath Khadase announced in Assembly on 25-03–2015 that Govt. waives stamp duty on transfer of land or flat immovable property to Kin or family members. He announced that now immovable property such as land, house or flat can be transferred to Owner’s Children or even to blood relatives simply by executing transfer deed on Rs. 500/- stamp paper without paying stamp duty and registration fee. This announcement will give good relief to the families of transferors as they will not require to pay 5% stamp duty at market value as per ready Reckoner. Minister further clarified that in such an event it will be sufficient if transfer document is executed on Rs.. 500/- stamp-paper.

He further clarified that the decision to waive stamp duty on property transferred to heirs is taken on account of large complaints received from farmers who were otherwise unable to transfer farming land to their family members due to heavy stamp duty for such transactions. H’ble Chief Minister on another issue of TDR clarified in the assembly that Govt. is framing a new policy by which TDR will be indexed to the Ready Reckoner rate in order to prevent developers earning buge income from use of TDR of one area to another. The Ready Reckoner rate of the area where it is being utilized will now apply. S.S. Mahajan Source Times of India dt. 26-3-2015


Regarding Stamp Duty on Gift of property to family after having received the assent of the Governor in the Maharashtra Government Gazette on the 24th April 2015-1

 

Please also see this link https://www.e-stampdutyreadyreckoner.com/Gift.html

Here is the link to the website which has a link to the circular too http://accommodationtimes.com/no-stamp-duty-required-for-registration-of-gift-deed-between-blood-relatives/  You may read the comments also, which will give you a good idea. Here is the english version of the same – http://www.npci.org.in/documents/Annexure_4_Maharashtra_Stamp_(Amendment)_Act_2015.pdf

Some more views available here https://www.kaanoon.com/17181/transfer-of-property-in-blood-relation

 

Courts quietly confirm MMR Vaccine causes Autism

After decades of passionate debate, parents probably missed the repeated admissions by drug companies and governments alike that vaccines do in fact cause autism. For concerned parents seeking the truth, it’s worth remembering that the exact same people who own the world’s drug companies also own America’s news outlets. Finding propaganda-free information has been difficult, until now.

Dr. Andrew Wakefield

At the center of the fifteen-year controversy is Dr. Andrew Wakefield of Austin, Texas. It was Dr. Wakefield that first publicized the link between stomach disorders and autism, and taking the findings one step further, the link between stomach disorders, autism and the Measles Mumps Rubella (MMR) vaccine.

For that discovery way back in 1996, and a subsequent research paper published by the doctor in 1998, Andrew Wakefield has found himself the victim of a world-wide smear campaign by drug corporations, governments and media companies. And while Dr. Wakefield has been persecuted and prosecuted to the extent of being unable to legally practice medicine because of his discovery, he has instead become a best-selling author, the founder of the Strategic Autism Initiative, and the Director of the Autism Media Channel.

But in recent months, courts, governments and vaccine manufacturers have quietly conceded the fact that the Measles Mumps Rubella (MMR) vaccine most likely does cause autism and stomach diseases. Pharmaceutical companies have even gone so far as to pay out massive monetary awards, totaling in the millions, to the victims in an attempt to compensate them for damages and to buy their silence.

Grassroots outcry

It was a regular reader named Kathleen that brought this ongoing story to our attention here at Whiteout Press. When asked what her connection to the vaccine-autism battle was, the young reader replied, “I just researched it for a school project a while back and then I stayed on top of it, until I couldn’t stand it anymore. I’m not a parent, nor do I belong to any organization – a mere outside observer.”

This reader isn’t alone. The news that vaccines cause autism has spread across the US despite a coordinated media black-out. She takes her concerns one step further explaining, “All I want is to see this information where the public can access it. I’ve looked everywhere, and no one gives this dire Wakefield situation even ONE small mention.” She goes on to give us another motivation for her activism, “In Washington State, where I’m from, vaccines have become mandatory for school children, which is very frightening!”

Landmark rulings

In December 2012, two landmark decisions were announced that confirmed Dr. Wakefield’s original concern that there is a link between the MMR vaccine, autism and stomach disorders. The news went mostly unreported, but independent outlets like The Liberty Beacon finally began publishing the groundbreaking news.

The website wrote last month, ‘In a recently published December 13, 2012 vaccine court ruling, hundreds of thousands of dollars were awarded to Ryan Mojabi, whose parents described how “MMR vaccinations” caused a “severe and debilitating injury to his brain, diagnosed as Autism Spectrum Disorder (‘ASD’).”’

Read More: http://www.trueactivist.com/courts-quietly-confirm-mmr-vaccine-causes-autism/

All Banks to issue Chip & Pin Cards w.e.f. 1 September 2015

RBI/2014-15/589
DPSS (CO) PD No.2112/02.14.003/2014-15
May 07, 2015
All Scheduled Commercial Banks including RRBs/
Co-operative Banks / State Co-operative Banks/
Central Co-operative Banks/ Authorised Card Payment Networks
Madam / Dear Sir,
Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions
A reference is invited to our circulars DPSS.PD.CO.No.513 / 02.14.003 / 2011-2012 datedSeptember 22, 2011 and DPSS (CO) PD No.2377 / 02.14.003 / 2012-13 dated June 24, 2013on security issues and risk mitigation measures related to Card Present (CP) transactions read along with circular dated February 28, 2013 on security and risk mitigation measures for electronic payment transactions wherein various timelines were indicated for accomplishment of tasks for securing card and electronic payment transactions.
2. The Reserve Bank has adopted a phased manner of implementation of security and risk mitigation measures in card transactions as evident from the instructions issued from time to time. The acceptance infrastructure is getting geared to accept EMV chip and pin cards. However, in case of card issuance, while some banks have already moved to EMV chip and pin cards issuance, a large number of banks continue to issue Magnetic stripe cards. Thus, given the level of readiness of the card acceptance infrastructure at point of sale and also the implementation of PIN@POS for debit cards, the time is appropriate to move further along the path to migrate away from magnetic stripe only cards to chip and pin cards.
3. Accordingly, banks are advised that with effect from September 01, 2015 all new cards issued – debit and credit, domestic and international – by banks shall be EMV chip and pin based cards.
4. The migration plan for existing magnetic stripe only cards will be framed in consultation with stakeholders and timeline for the same will be advised in due course.
5. These guidelines are issued under Section 18 read with Section 10(2) of the Payment and Settlement Systems Act, 2007 (Act 51 of 2007).
Yours faithfully
(Smt. Nanda Dave)
Chief General Manager

The pesticides WHO classifies as ‘cancer causing’ are used widely in India.

Five popular brands of chemical pesticides – Glyphosate, Parathion, Malathion, Diazinon and Tetrachlorvinphos – that the research arm of the World Health Organisation (WHO) categorized as ‘probable or possible carcinogenic’ are widely used in India.

While the report has triggered a massive debate in Europe and America on the need to regulate or ban these pesticides, it has been simply glossed over by policy makers, scientists and environmentalists in India. For a country which spends more time discussing pedestrian issues, health and environment are far away from national concerns. If you are dealing with pest at your house and don’t want to use all those pesticides that have harmful chemicals then hire Pest Control Company in Carlisle.

The International Agency for Research on Cancer (IARC) at Lyon, in France, has categorized the most popularly used herbicide Glyphosate, which comes branded as Roundup, as ‘probably carcinogenic to humans’.  Two of the pesticides – Tetrachlorvinphos and Parathion – have been classified in the 2B category and rates as ‘possibly carcinogenic to humans’ while three other chemicals – Malathion, Diazinon and Glyphosate – as ‘probably carcinogenic’ and put in the category 2A. These are all organophosphates.

 

In India, while Roundup is the most popular used herbicide, Methyl Parathion, Malathion and Diazinon too are widely used in agriculture. Tetrachlorvinphos is approved for flies and ticks. Interestingly, many of the chemicals are approved for restricted use, knowing very well there is no way to check its actual application. Take for instance Methyl Parathion. Its use is banned for fruits and vegetables, and also for crops where honeybees are acting as pollinators. How can the Central Insecticides Board expect farmers to make a distinction between honeybee pollinating crops and other when applying Methyl Parathion?Similarly, Diazinon is banned for use in agriculture except for household purposes. Is there any way to police the farmers after they have purchased the chemical from the market? How will you know, given the educational standard of Indian farmers, whether they read the fine print on the pesticides container and apply accordingly? Take Methyl Parathion use in fruits and vegetables. It is officially banned, but it is widely known that traders dip certain vegetables in Methyl Parathion solution as it provides shine to the veggies.

 

The pesticides registration process therefore is a sham. Since it escapes public scrutiny, I haven’t seen the working of the Central Insecticides Board ever come under the scanner of the investigating agencies.

 

Some 860 pesticides are registered for use in India. As many as 67 pesticides banned in other countries, are being used in India.

 

There is a strong lobby in favour of chemical pesticides, and every time environmentalists question the need for some of these pesticides on health and environment grounds, a court case is often slapped. So much so that film star Aamir Khan too was served legal notices after his show on pesticides inSatyamev Jayate. Nevertheless, I still remember a study published by Dr David Pimental of the Cornell University in the late 1970s wherein he estimated that 99.9 per cent of the pesticides go into the environment and only 0.1 per cent of the pesticides hit the target pests. I had always wondered why this study was never taken seriously by agricultural scientists knowing very well how toxic these chemicals are.

 

The International Rice Research Institute, in Manila, the Philippines, too showed in early 2000 that pesticides on rice in Asia were ‘a waste of time and effort’. The IRRI study showed how farmers in Central Luzon province of the Philippines, and in Vietnam, Bangladesh and India were producing a bumper rice harvest without using chemical pesticides. Even this report was never taken seriously by the Indian Council of Agricultural Research (ICAR), the umbrella organization for farm research in the country. And when I hear Ajay Vir Jakhar, president of the Bharat Krishak Samaj say that pesticides use in wheat has gone up by 300 per cent, a crop which is generally considered to be hardy not requiring much application of chemical pesticides, it clearly shows how ruthlessly harmful pesticides are being promoted.

 

Genetically modified (GM) crops have further pushed the application of chemical herbicides through the spread of herbicide-tolerant crops. The WHO report should therefore be used as a loud warning, and immediate corrective steps are called for. We can ignore the warning signals at our own peril.

http://www.abplive.in/author/devindersharma/2015/04/15/article557676.ece/The-pesticides-WHO-classifies-as-%E2%80%98cancer-causing%E2%80%99-are-used-widely-in-India.

RBI cautions on ‘All Bank Balance Enquiry’ App

It has come to the notice of the Reserve Bank of India that an app (application) is doing rounds on What’s App purportedly to facilitate checking of balance in customers’ bank accounts. The application has an RBI logo with the title ‘All Bank Balance Enquiry No’ and has listed several banks with either a mobile number or call centre number.
The Reserve Bank wishes to clarify that it has not developed any such application. Members of public are, therefore, advised to use the application, if at all, at their own risk.
Alpana Killawala
Principal Chief General Manager
Press Release : 2014-2015/2148
14-April-2015

Gold and SilverRates as on 31.03.2015

Gold rates
24 CARAT Rs.26,580.00 (99.50) per 10 gram
22 CARAT Rs.25,850.00 per 10 gram
20 CARAT Rs.24,150.00 per 10 gram
18 CARAT Rs.22,100.00 per 10 gram
Silver Rates : Rs.37,500.00 Per Kg
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