Govt is likely to bring in the Registration (Amendment) bill in the next Parliament session to make Aadhaar or PAN mandatory, a move it hopes will check benami property transactions.
Elites view encroachers as disruptors of property rights system, and oppose regularisation. But that’s what India needs to free up capital held in slums.
Piyush was about celebration—of life, of people, of stories. He believed that what we create can shape popular culture, can make people feel proud of who they are.
Rosneft, the Russian state-owned oil behemoth, has large interests in India. Reliance has a contract to purchase 500,000 barrels of crude per day from the firm.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
The best solution to cut benami/fraudulent/corrupt property transactions is to establish land exchanges that work on similar lines as stock exchanges using unique property identity codes (UPICs) based on GPS technology and list the ownership to individual property demat accounts and bank accounts. This will ensure full transparency of land deals through the highest bidder and collection of taxes at source based on transaction value both for sales/leases of properties. We have the technology and the talent but need to find the political will that is sadly spent on misplaced priroties that serve political interests rather than the greater common good of the society.
The best solution to cut benami/fraudulent/corrupt property transactions is to establish land exchanges that work on similar lines as stock exchanges using unique property identity codes (UPICs) based on GPS technology and list the ownership to individual property demat accounts and bank accounts. This will ensure full transparency of land deals through the highest bidder and collection of taxes at source based on transaction value both for sales/leases of properties. We have the technology and the talent but need to find the political will that is sadly spent on misplaced priroties that serve political interests rather than the greater common good of the society.