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    Check your EPF Account Balance in 6 Easy Steps. more...
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    The more hours you spend bent over an iPad, the more neck and shoulder pain you experience more...
  • 21 Jun, 22:24
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    Permanent jobs for 2,700 sanitation workers CM Asks BMC Mumbai to implement SC order more...
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    11 lakh PAN have been deactivated: more...
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    BE IT DEPT INFORMER "GIVE BLACK MONEY INFO GET UP TO “₹5CR REWARD” ₹1CR FOR TIP-OFF ON BENAMI DEALS WITHIN COUNTRY more...
  • 18 Jun, 23:03
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    Fintech : Free online courses from University of Hong Kong. more...
  • 17 Jun, 20:23
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    Government increased the carpet area of houses eligible for interest subsidy under the Credit Linked Subsidy Scheme (CLSS) for the Middle-Income Group (MIG) under Pradhan Mantri Awas Yojana (Urban). more...
  • 15 Jun, 11:32
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    Let Government construct concrete compound wall for total lake and stop sewage water entering lake. more...
  • 14 Jun, 12:36
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    Many small or big Companies outsource all kinds of IT and business functions to service providers more...
  • 13 Jun, 00:06
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    You don’t need a degree in the field you want to switch to but self learning at self taught university is must. more...

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M.S.Yatnatti Editor Property Politics
Check your EPF Account Balance in 6 Easy Steps.
by Admin User - Saturday, 23 June 2018, 10:56 PM
 

By:M.S.Yatnatti: Editor and Video Journalist Bengaluru: Check your EPF Account Balance in 6 Easy Steps.Do you know the total accumulated balance in your employees provident fund (EPF)? In case you are keen to know the balance and are unable to do so, it is an easy process if you have been allotted an Universal Account Number (UAN) by the EPFO.

In case you do not have your 12-digit UAN, you can get it activated through your employer to know the summary of PF deducted through EPFO portal. All employees need to have only one UAN throughout their working life irrespective of the number of companies they change. It is a universal account number (UAN) which facilitates in linking of multiple EPF accounts of a member.

M.S.Yatnatti Editor Property Politics
The more hours you spend bent over an iPad, the more neck and shoulder pain you experience
by Admin User - Friday, 22 June 2018, 11:20 PM
 

By:M.S.Yatnatti: Editor and Video Journalist Bengaluru:According to PTI reports Women are over two times more likely to be plagued by ‘iPad neck’ — a condition defined as persistent pain in the neck and upper shoulders due to excessive use of tablets — due to their bad postures, a study has found.The study, published in the Journal of Physical Therapy Science, found that ‘iPad neck’ is associated with a lack of back support while keeping the tablet on one’s lap during usage. Other postures include lying on one’s side or back.


Researchers from University of Nevada, Las Vegas (UNLV) in the United States conducted a survey of 412 people about their device usage habits and neck or shoulder complaints.The most frequently reported symptoms were those of stiffness, soreness, or aching pain in the neck, upper back, shoulder, arms, hands, or head.


Postures that led to pain included sitting without back support, sitting with the device in the lap, sitting in a chair with the tablet placed on a flat desk surface.Flexing the neck forward for long periods of time puts pressure on the spine, causing neck and shoulder muscle strain and pain.


The study showed that women were 2.059 times likelier to show musculoskeletal symptoms than men.The symptoms were experienced by around 70% women, as compared to fewer than 30% of men.

M.S.Yatnatti Editor Property Politics
Permanent jobs for 2,700 sanitation workers CM Asks BMC Mumbai to implement SC order
by Admin User - Thursday, 21 June 2018, 10:24 PM
 

By:M.S.Yatnatti: Editor and Video Journalist Bengaluru:According reports reaching to media in Bengaluru victory for 2,700 contractual sanitation workers is reported in Mumbai city, Chief Minister Devendra Fadnavis has directed the civic body BMC to give them the status of permanent employees in three months. This decision is being hailed as a victory for the workers’ union in its 11-yearlong court battle with the BMC.

The Supreme Court had in 2017 ordered BMC to make these contractual staffers in its conservancy department permanent employees. But the BMC was dragging its feet.

In a series of reports, experts had written how, because of the contractual nature of their job, several benefits were being denied to these workers, with most of them not getting provident fund and other dues.

Under the Industrial Disputes Act, experts state that worker has the right to demand a permanent position if he/she has worked continuously for 240 days. Contractors often hire workers only for six months, and then the BMC awards the work to another contractor (the BMC’s argument for changing contractors every six months is that it wants to avoid cartelization). Though the workers remain more or less the same under a new contractor, this means a labourer works with one contractor for less than 240 days and cannot claim a permanent slot.In 2007, the Kachra Vahatuk Shramik Sangh had filed a case with the Industrial Tribunal on behalf of 2,700 workers. The tribunal ruled in favour of the workers on October 13, 2014. The BMC challenged this in Bombay high court. On December 22, 2016, HC ruled in favour of the union. Justice N M Jamdar even called the contract system “sham and bogus”. The BMC challenged the HC order in the Supreme Court, but SC upheld the HC and Industrial Tribunal’s orders.

Milind Ranade, general secretary of the Kachra Vahatuk Shramik Sangh (KVSS), said BMC had refused to make these workers permanent citing discrepancies in their names in court records and documents such as Aadhaar cards, PAN cards and voter ID cards. “The BMC had been giving frivolous reasons. There were discrepancies in names; for example, a worker’s name may be spelled as Laxman in court records but as Lakshman on his Aadhaar card, but that is because the workers are illiterate and most of the time their documents are filled by other people, like the Aadhaar centre staff. That is why these errors could have crept in. Rather than finding a way out, BMC kept the issue hanging,” Ranade said.

He said Fadnavis has now asked BMC to take an indemnity bond from these workers, saying despite the spelling difference, the person mentioned on the document is the same and is claiming his right to the job.Officials who attended the meeting said BMC will publish a list of names in which discrepancies have been found and call for objections. If everything is clear, the process to make them permanent will begin.

M.S.Yatnatti Editor Property Politics
11 lakh PAN have been deactivated:
by Admin User - Wednesday, 20 June 2018, 10:16 PM
 

By:M.S.Yatnatti: Editor and Video Journalist Bengaluru:11 lakh PAN have been deactivated: Recently, Minister of State for Finance Santosh Kumar Gangwar in a written reply informed the Rajya Sabha that as on July 27, 11,44,211 PANs have been identified and deleted or de-activated in cases where multiple PANs were found allotted to one person.A person cannot hold more than one PAN. A penalty of Rs. 10,000 is liable to be imposed under section 272B of the Income-tax Act, 1961 for having more than one PAN.If a person has been allotted more than one PAN then he should immediately surrender the additional PAN card(s).

The central government has introduced three new schemes to bring the tax defaulters into tax bracket. The tax revenue, benami transactions and assets of the underwriter have announced a reward of Rs 5 crore.If you have given specific information on tax evasion of income and assets outside India, you will get reward of Rs 5 crore. If you provide information on tax evasion in India, you will get reward of Rs 50 lakh. Those who give information about Benami transactions and assets are paid up to 1 crore rupees. The Finance Ministry has issued a statement to this extent. This reward scheme is aimed at encouraging people to give information about Benami transactions and properties as well as income earned on such properties by such hidden investors and beneficial owners.The income tax (I-T) department launched the Benami Transactions Informants Reward Schemeunder which a person can get a reward of up to Rs 1 crore for giving information to tax authorities about benami transactions and properties of Indians in the country.A similar reward scheme for information about benami assets in foreign countries can earn a reward of up to Rs 5 crore, with even foreigners eligible for the reward. “With the objective of obtaining people’s participation in the income tax department’s efforts to unearth black money and reduce tax evasion, anew reward scheme has been issued, superseding the earlier reward scheme,” according to a press note issued by the Central Board of Direct Taxes (CBDT) . “For information about income and assets actionable under the Black Money Act, a reward of up to Rs 5 crore has been introduced in the new reward scheme,” the CBDT said in the press note .The amount has been kept high to make it attractive to potential sources in foreign countries to give information, the CBDT said. The I-T department has also amended the existing “Income Tax Informants Reward Scheme” under which a person can get a reward of up to Rs 50 lakh for giving actionable information about evasion of tax on income or assets in India.The I-T department is empowered to probe assets of Indians in foreign countries under the Black Money (Undisclosed Foreign Income and Assets) Act. Under the 2015 act, it can recover tax on such undisclosed assets. In a statement, the department said it was found in many cases that black money was invested in properties in the name of others, even though benefits were enjoyed by the investor concealing his/her beneficial ownership in his/her tax returns.

M.S.Yatnatti Editor Property Politics
BE IT DEPT INFORMER "GIVE BLACK MONEY INFO GET UP TO “₹5CR REWARD” ₹1CR FOR TIP-OFF ON BENAMI DEALS WITHIN COUNTRY
by Admin User - Tuesday, 19 June 2018, 10:25 PM
 

By:M.S.Yatnatti: Editor and Video Journalist Bengaluru: The central government has introduced three new schemes to bring the tax defaulters into tax bracket. The tax revenue, benami transactions and assets of the underwriter have announced a reward of Rs 5 crore.If you have given specific information on tax evasion of income and assets outside India, you will get reward of Rs 5 crore. If you provide information on tax evasion in India, you will get reward of Rs 50 lakh. Those who give information about Benami transactions and assets are paid up to 1 crore rupees. The Finance Ministry has issued a statement to this extent. This reward scheme is aimed at encouraging people to give information about Benami transactions and properties as well as income earned on such properties by such hidden investors and beneficial owners.The income tax (I-T) department launched the Benami Transactions Informants Reward Schemeunder which a person can get a reward of up to Rs 1 crore for giving information to tax authorities about benami transactions and properties of Indians in the country.A similar reward scheme for information about benami assets in foreign countries can earn a reward of up to Rs 5 crore, with even foreigners eligible for the reward. “With the objective of obtaining people’s participation in the income tax department’s efforts to unearth black money and reduce tax evasion, anew reward scheme has been issued, superseding the earlier reward scheme,” according to a press note issued by the Central Board of Direct Taxes (CBDT) . “For information about income and assets actionable under the Black Money Act, a reward of up to Rs 5 crore has been introduced in the new reward scheme,” the CBDT said in the press note .The amount has been kept high to make it attractive to potential sources in foreign countries to give information, the CBDT said. The I-T department has also amended the existing “Income Tax Informants Reward Scheme” under which a person can get a reward of up to Rs 50 lakh for giving actionable information about evasion of tax on income or assets in India.The I-T department is empowered to probe assets of Indians in foreign countries under the Black Money (Undisclosed Foreign Income and Assets) Act. Under the 2015 act, it can recover tax on such undisclosed assets. In a statement, the department said it was found in many cases that black money was invested in properties in the name of others, even though benefits were enjoyed by the investor concealing his/her beneficial ownership in his/her tax returns.

M.S.Yatnatti Editor Property Politics
Fintech : Free online courses from University of Hong Kong.
by Admin User - Monday, 18 June 2018, 11:03 PM
 

By:M.S.Yatnatti: Editor and Video Journalist Bengaluru: https://www.youtube.com/watch?v=yn5oODzf_JA&feature=youtu.be . Free online courses from University of Hong Kong.HKUx on edX is starting a course on Introduction to FinTech:Learn from leading academics and practitioners from around the world about the innovations, technology and regulation driving the transformation of finance. This course is available at www.edx.org/course/introduction-to-fintech#what-you-will-learn.Over the past decade emerging technologies, paired with massive changes in regulations, have driven an unprecedented transformation of finance around the world. This process is happening more rapidly in China and Asia than anywhere else. This course is designed to explore FinTech fundamentals and help make sense of this wave of change as it happens. New players such as start-ups and technology firms are challenging traditional players in finance, bringing democratization, inclusion and disruption. Companies engaged in social media, e-commerce, and telecommunications, as well as, companies and start-ups with large customer data pools, creative energies, and technical capacities, have brought competition to the existing financial infrastructure and are remaking the industry. These transformations have not only created challenges but also unprecedented opportunities, building synergies with new business and regulatory models, particularly in emerging markets and developing countries. To meet these changes, 21st-century professionals and students must be equipped with up-to-date knowledge of the industry and its incredible evolution. This course – designed by HKU with the support of SuperCharger and the Centre for Finance, Technology and Education – is designed to enable learners with the necessary tools to understand the complex interaction of finance, technology and regulation. In this course, through a series of video lectures, case studies, and assessments you will explore the major areas of FinTech including, beginning with What is FinTech before turning to Money, Payment and Emerging Technologies, Digital Finance and Alternative Finance, FinTech Regulation and RegTech, Data and Security, and the Future of Data Driven Finance, as well as, the core technologies driving FinTech including Blockchain, AI and Big Data. These will set the stage for understanding the FinTech landscape and ecosystem and grappling with the potential direction of future change.

What you'll learn: The major areas in FinTech, including Money and Payment, Digital Finance and Alternative Finance.Major technological trends, including cryptocurrencies, Blockchain, AI and Big Data.FinTech Regulation and RegTech.The fundamental role of Data and Security in data-driven finance .Business and regulatory implications of technology for the financial industry.How regulations and RegTech are applied.Ways to analyse and evaluate what is driving technology innovation in Finance .How new technology impacts economies, markets, companies, and individuals. Take this course for free on edx.org.

M.S.Yatnatti Editor Property Politics
Government increased the carpet area of houses eligible for interest subsidy under the Credit Linked Subsidy Scheme (CLSS) for the Middle-Income Group (MIG) under Pradhan Mantri Awas Yojana (Urban).
by Admin User - Sunday, 17 June 2018, 08:23 PM
 

By:M.S.Yatnatti: Editor and Video Journalist Bengaluru:According to real estate industry experts tide is certainly turning in favour of homebuyers, who despite being the most important stakeholder in real estate sector were till date remained almost ignored so far Government and Industry . While homebuyers themselves have been getting more vocal about their concerns for some time, protection of their interests has taken the centre stage now is visible everywhere.

The recent reported developments, particularly over the last couple of months , are an indication that homebuyers are receiving the much-needed attention and the government is providing utmost priority to their issues.

Firstly and most importantly, the government has cleared an ordinance amending the Insolvency and Bankruptcy Code (IBC), which now recognizes homebuyers as financial creditors to real estate developers.With this, homebuyers have a reason to cheer as according to the Insolvency and Bankruptcy Code Amendment Ordinance, 2018, they will get representation in the Committee of Creditors (CoC) that takes a call on resolution proposals , essentially making them an integral part of the decision making process.

Last week, in another major decision to bolster affordable housing and construction sector leading to enhanced economic activity, the government increased the carpet area of houses eligible for interest subsidy under the Credit Linked Subsidy Scheme (CLSS) for the Middle-Income Group (MIG) under Pradhan Mantri Awas Yojana (Urban).

As per the reported revised norms, the Ministry of Housing & Urban Affairs has enhanced the carpet Area of houses eligible for subsidy under CLSS for MIG to 160 sq meter or 1,722 sq ft for MIG -I and 200 sq meter or 2,153 sq ft for category MIG-II. Earlier the carpet area for these houses under MIG I and MIG II category was fixed at 120 sq meter or 1,291 sq ft and 150 sq meter or 1,614 sq ft.

The upward revision will now enable more MIG customers to qualify for subsidy and avail the benefits provided under the ambitious flagship Mission of Pradhan Mantri Awa s Yojana (Urban).

This move is another key step to boost the construction sector that contributes to increased activity on the supply side. This initiative is expected to result in enhanced economic activity that would contribute to improvement in the demand side.

Apart from this, the Reserve Bank of India also recently took a decision to increase priority sector lending (PSL) slabs that will allow first-time homebuyers avail higher loans at better terms. RBI has revised the housing loan limit for PSL to Rs 35 lakh from Rs 28 lakh in metros with a population of 10 lakh and above and to Rs 25 lakh from Rs 20 lakh in other centres, provided the overall cost of the dwelling unit in the metros and at other centres does not exceed Rs 45 lakh and Rs 30 lakh. government has supported the housing sector through affordable housing fund, lower goods & services tax (GST) rates, increased tenure of loans under the Credit-Linked Subsidy Scheme (CLSS) of PMAY and extended income tax benefits to apartments of up to 645 sq ft carpet area.All of these developments, in addition to setting up of regulator for real estate sector through Real Estate (Regulation & Development) Act, 2016 that was notified and implemented last year, are aiming to put the spotlight on the most important entity, homebuyers.

M.S.Yatnatti Editor Property Politics
Let Government construct concrete compound wall for total lake and stop sewage water entering lake.
by Admin User - Friday, 15 June 2018, 11:32 AM
 

By:M.S.Yatnatti: Editor and Video Journalist Bengaluru:Let Government construct concrete compound wall for total lake and stop sewage water entering lake. Reportedly Bellandur Lake is B’luru’s biggest septic tank.The city’s biggest lake has become its largest septic tank and the blame goes to the government and civic agencies, which have failed to discharge their duties, a commission appointed by the National Green Tribunal (NGT) has concluded in its report .


The panel made the observations in its report prepared after inspection of three lakes, including Bellandur, the largest and most polluted in Bengaluru. Lambasting the government and civic agencies, the report has described how encroachments and dumping of waste and sewage continue to haunt Bellandur Lake. There is not even 1ml of clean water in the lake, it added.


The report submitted to the NGT on May 31 attributed the sorry state of Bellandur Lake, which frequently spews froth and fire, to the sheer callousness and indifference of the authorities. The report states that the lake’s water-holding capacity has shrunk due to the dumping of garbage and construction waste, among other things.Hydrophytes and microphytes in the water are also causing trouble, it reportedly says.

M.S.Yatnatti Editor Property Politics
Many small or big Companies outsource all kinds of IT and business functions to service providers
by Admin User - Thursday, 14 June 2018, 12:36 PM
 

By:M.S.Yatnatti: Editor and Video Journalist Bengaluru:Reportedly many small or big Companies outsource all kinds of IT and business functions to service providers, including some that are quite strategic. Increasingly, that includes data analytics, one of the more competitively advantageous areas of the technology spectrum.With data analytics outsourcing, organizations hire service providers to perform analytics on the data they provide to the outsourcing company. Industry research shows demand for the service is on the rise.

According to experts opinion advanced technology allows even non-technical business strategists to build data-insight-led workflows and export code, ready to be implemented by programmers. Having this capability available within a data analytics platform enable far quicker implementation than would previously have been possible with the solutions used by the previous guardians of analytics: the data scientists.


Realising the benefits of Big Data:Digital giants, such as Microsoft, Apple and Google were amongst the first to develop proprietary technology that let them make the most of Big Data. However, the technology available on today’s market has got to a point where the benefits are achievable for all kinds of firms – no matter their business model.All are poised to take benefits of new big data technology.


Now that data analytics technology has helped Big Data hit the mainstream, with adoption rates amongst companies rising from 17% in 2015 to 53% in 2017, according to a study for Dresner Advisory Services, the benefits will be felt far and wide. Not only will businesses be able to maximise their efficiency and better plan their activities, but they can make a positive impact in a wider sense: for example, to promote greener working practices with predictive modelling, or give overworked employees back their personal time through increased efficiencies. Here’s to the realisation of the Big Data dream, analytics technology, and the next nine years!

M.S.Yatnatti Editor Property Politics
You don’t need a degree in the field you want to switch to but self learning at self taught university is must.
by Admin User - Wednesday, 13 June 2018, 12:06 AM
 

By:M.S.Yatnatti: Editor and Video Journalist Bengaluru:Experts believe you don't need an extensive network of contacts. In fact, you don't need any contacts at all -- you can make them all on your own.You don't need a degree in the field you want to switch to. Perception is reality, and results speak volumes when it comes to perception. They are worth more than any degree or previous job title. More on that later.You don't need money. Everything you need to know can be learned for free. In fact, many experts show you that how this process can actually help you generate a second stream of income.

Before we dive in, experts think it's important to address a few "myths” about changing industries:

You don't need an extensive network of contacts. In fact, you don't need any contacts at all -- you can make them all on your own.You don't need a degree in the field you want to switch to. Perception is reality, and results speak volumes when it comes to perception. They are worth more than any degree or previous job title. More on that later.You don't need money. Everything you need to know can be learned for free in MOOCs. In fact, experts show you how this process can actually help you generate a second stream of income.

It is pertinent to nite that no body is perfectionist and In order to become the suitable candidate, we must first understand what "suitable ” looks like in the eyes of the people who will be hiring you. There are two ways to accomplish this:Job descriptions: experts believe job descriptions are essentially resumes in reverse. They spell out the exact skills you need in order to be successful in that particular role. That sounds obvious, but we are going to be looking at this from an emloyer needs or his/her lens.In many cases tech employer just do not look at candidates degrees. They look at knowledge the candidates have and practical experience candidates have and thier ability to perform as per JD. Responsibilities to be handled.

Hirers may be looking for someone who understands how to identify trends/patterns within big data that will have a direct impact on revenue. That person also has enough knowledge of programming to efficiently make those discoveries and present them in a simple, concise fashion.In addition to combing through job descriptions, it's equally important to get in touch with people who work in the industry.

Now you have an understanding of the skills that you need, where they stand in terms of priority, and a roadmap from someone who has/had the role you want.For now, the best ways to do this are by reading books, taking courses, and creating a sandbox you can use to test your knew knowledge.

Books are a fantastic way to understand the basic concepts of a specific subject. They also happen to be very easy to get for free.Remember that public library your parents wanted you to check out when you were a kid? It's actually still there! Amazing, right?In order figure out which books to read,You can Google the subject and find the best one.While books are giving you the 30,000 foot view of your topics, courses will help you figure out the nitty gritty. They are a better way to learn the actual skills because they tend to be interactive and are updated regularly.

One of the best resources for our purposes is Coursera and Edx Coursera and Edx aggregates courses from the best professors at the best schools in the world (I'm talking Princeton, Stanford, Harvard -- they don't mess around).

These courses are fantastic because they are structured like an actual course you would take in college. They have videos, but they also have tests, projects, and forums where students can collaborate. This is key because it helps make the course "sticky” due to the fact that you are committing to all the above rather than just watching a few videos.

Reportedly best of all, at the end of the course, you can receive a certificate stating that you passed the course. It will even have the seal from that university on it! It does cost ~$49 but it's well worth it because you can put that right on your resume:


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