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Thursday, 1 December 2016

Reliance Jio's Happy New Year offer! Free services until March 31, 2017!

Existing and newreliance jio  users will be able to use data, voice, video and all of Jio's applications for free until March 31, 2017.







All existing customers who already have free service until December 31, 2016, will see this deal extended to them from January 1 to March 31, 2017, and all new customers can avail of this deal from December 4, said reliance ambani in an announcement today.

Reliance is calling this the 'Jio Happy New Year' offer.


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"In this period, customers will also be able to test-drive digital recharge, billing experience, using jio money wallet," said Reliance Industries chairman  mukeshat an event today.




Ambani said Jio has also "fine-tuned" its fair usage policy to ensure all users get fair share of network capacity.




He added that since it   jio started operations, as many as 900 crore voice calls from Jio to the networks of its 3 largest competitors "were blocked."

Despite that, "in the first three months of its operation, Reliance Jio has grown faster than global tech giants Facebook, WhatsApp or Skype, " said Ambani, in an address today.



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New currency notes worth over Rs 4.7 crore seized in I-T raids in Bengaluru



 In one of the biggest seizures of new currency, the incom tax dept on Thursday confiscated over Rs 4 crore in searches against at least two individuals in Bengaluru.

Officials said the searches were launched on the premises of an engineer and a contractor.

 The sleuths of the department seized over Rs 4 crore in new currency, mostly in denomination of Rs 2000, some notes of Rs 100, demonetized notes of Rs 500 and a few gold biscuits, the officials said.


"Huge stacks of Rs 2000 notes have been recovered. The cash amounts to over Rs 4 crore. The counting of the seized currency is still on.




"This is one the highest seizures of the new currency. Some entry operators and bankers are under the scanner," a senior I-T department official said.


They said the department has also found a number of identity cards of various individuals from the searched premises which could have been used to illegally change the old 


currency with new ones.


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Son has no legal right in parents' house! can stay at their mercy: Delhi high court!

A son, irrespective of his marital status, has no legal right to live in the self-acquired house of his parents and can reside there only at their "mercy", the delhi high court has said.



The court also said that only because parents have allowed the son to live in their house as long as their relations are cordial does not mean they have to bear his "burden" throughout his life.



"Where the house is self-acquired by the parents, son whether married or unmarried, has no legal right to live in that house and he can live in that house only at the mercy of his parents up to the time the parents allow," Justice Pratibha Rani said in an order./



"Merely because the parents have allowed him to live in the house so long as his relations with the parents were cordial does not mean that the parents have to bear his burden throughout his life," the court said..


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It said this while dismissing an appeal by a man and his wife challenging the order of a trial court which had passed a decree in favour of his parents, who had filed a suit seeking a direction to their son and daughter-in-law to vacate the floors in their possession./



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No tax on ancestral jewellery!, purchase from disclosed income!


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Amendments to the I-T laws do not seek to tax inherited gold and jewellery as also those items that are purchased through disclosed or agriculture income, the government said on Thursday.

The Lok Sabha earlier this week passed the Taxation Laws (Second Amendment) Bill, which proposes a steep up to 85 per cent tax and penalty on undisclosed wealth that is discovered by tax authorities during search and seizure.

 

 

 

 

Dispelling rumours that jewellery would be covered under the amended law, the cbst said the government has not introduced any new provision regarding chargeability of tax on jewellery.




"The jewellery gold  purchased out of disclosed income or out of exempted income like agricultural income or out of reasonable household savings or legally inherited which has been acquired out of explained sources is neither chargeable to tax under the existing provisions nor under the proposed amended provisions," the CBDT said..

 

 

 

During search operations, conducted by I-T department, there would be no seizure of  gold jeweelary and ornaments to the extent of 500 grams per married women, 250gm per unmarried women as also 100gm per male member of the family, it said.

"Further, legitimate holding of jewellery up to any extent is fully protected," it added...

 

 

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If so .. it's more than gold

If the myriad of government and the number of gold ceppalantu was not true that the Finance Minister Arun Jaitley said. Clarity on how much gold was to be near anyone minister. Ibbandiledannaru gotten their own money to buy gold. Whatever the problem may be purchased with money obtained tax-exempt. If you buy gold given the wrong amount of money stored in the house. Levannaru no restrictions on gold is inherited.More details on gold:There are no restrictions on gold ... inherited. Please Siege



... Each married woman 500 grams (shelf) wear gold... Unmarried woman can wear 250 grams of gold ornaments




... Near magalla not exceed 100 grams of gold... Women, men have more than enough gold to buy with the money that is .. if it is shown in the figures are only activities.





... Shown in the figures that have been purchased with money seized gold in the handDespite the difficulties, there will not be tax-exempt income to buy gold ...... If detection of unaccounted income tax are buying gold.




... Stridhananga the lack of restrictions on gold... Lekkacupani gold is heavily taxed


... .. Store to buy gold notes the termination of their conspiracies would be ruined.



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