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Robust data protection regime is needed to balance

Whether it was Arun Jaitleys observation or Attorney Generals arguments, both have been upheld by the court, he said. He said the amount used to be pocketed by middle men.New Delhi, Aug 24 (IANS) Union Law Minister Ravi Shankar Prasad on Thursday rejected suggestions that the Supreme Court verdict on privacy was a setback and said the Modi government has viewed the right to privacy as a fundamental right.

The government welcomes the view of the Supreme Court, which is consistent with all the necessary safeguards that the government has been ensuring in its legislative proposals which had been approved by Parliament, Prasad said. Prasad, who is also IT and Communications Minister, said the government was keen on robust data protection laws and has appointed an expert committee to suggest a draft Data Protection Bill and to identify key data protection issues. He said about 30 crore Jan Dhan accounts have been opened which have been linked to Aadhaar and also mobile numbers. What has been the Congress record in protection of individual liberty, Prasad asked. He said Jaitley while moving the Aadhaar Bill had clearly stated Is privacy a fundamental right or not? The present Bill pre-supposes and is based on the premise and that it is too late in date to contend that privacy is not a fundamental right.

 Asked about the impact of the judgment on section 377 of IPC, which criminalises gay ***, Prasad said he will speak on the issue in due course. Prasad said the government cannot give permission for release of data except in compelling circumstances for which there is a strict laid down procedure. Attacking the Congress, Prasad said the previous UPA government was seeking data under Aadhaar without formulating a law and the National Democratic Alliance government had brought the legislation after coming to power.Asked if it was a setback, Prasad said Not the least. The government clearly saw the right of privacy as a Automotive Brake Hose Manufacturers fundamental right, Prasad said. Prasad said the poor were getting subsidies directly in their account and a saving of about Rs 57,000 crore had been made over the last three years. The poor are very happy with this as the (subsidy) amount is directly going to their account. He said individual liberty and media freedom had been severely curtailed during the internal Emergency imposed by the Congress in 1975. So, I do accept that probably privacy is a fundamental right. Now, where do you fit privacy as a fundamental right? It is contended and broadly it is now accepted that privacy is a part of the individual liberty. He attacked the Congress for accusing the government of curbing individual rights and said the opposition party had not enacted any legislation regarding getting information under the Aadhaar framework. The Minister said the essence of the apex court judgment is a wider affirmation of the remarks made by Jaitley.Addressing a press conference here after the Supreme Court held that the right to privacy is a fundamental right and an integral part of the right to life and liberty, Prasad said Finance Minister Arun Jaitley had articulated the governments view on the right to privacy while moving the Aadhaar bill for pasغير مجاز مي باشدe in Parliament in 2016.

 Prasad also referred to Congress Vice President Rahul Gandhis remarks that the apex court decision marks a major blow to fascist forces and said the Congress leader does not do his homework properly. Robust data protection regime is needed to balance individual interests and state interests, he said. The Left has also joined it. IANS ps/rnPost Source: Ians feed. The Congress has been attacking us from morning. He said the right to privacy was not an absolute right and was subject to reasonable restrictions as applicable to the right to liberty, freedom and free speech. So when Article 21 says, no person shall be deprived of his Right to Life and Liberty without procedure established by law, then let us assume that privacy is a part of liberty and no person shall be deprived of his privacy without procedure as established by law, Prasad said quoting Jaitley


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Chief Financial Officer of Dabur India

In accordance with the GST laws, we had last week communicated to all our business and trade associates directing them to start charging the revised lower GST rates, wherever applicable, on all existing stocks, said Lalit Malik, Chief Financial Officer of Dabur India.We have also directed them to pass on the GST benefit to the end consumer, said Malik.According to the company, the average price reduction across categories, covering shampoo, home care Control Cables Suppliers and skin care, range between 8-10 per cent.The FMCG major made the announcement a day after the Central Board of Excise and Customs (CBEC) Chairperson wrote to the Fast Moving Consumer Goods (FMCG) companies asking them to follow the revised maximum retail price (MRP) rate list as per the recent tax reduction by the GST Council last week.The company is passing on the benefits on existing stocks by providing primary discount of 9 per cent to its trade partners.

 

The revision in GST rates is a welcome move and we feel it will help boost consumer and business sentiments, Malik added.Dabur India in a statement said it had last weekend conveyed the price revision to all its trade and business associates and directed them to pass on the benefits to the end consumer with immediate effect.New Delhi, Nov 21 (IANS) FMCG major Dabur India on Tuesday said it has cut prices of existing stocks across categories such as shampoos, skin care and home care by 9 per cent as an act of passing on the benefits of the recent reduction in GST rates to the consumer.The company said it had also revised downwards the MRPs of fresh production with immediate effect and these stocks would hit the shelves by next month.IANSppg/nirPost Source: Ians feed


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With HDFC Banks inclusion

The additional CET1 or core capital requirement will be in addition to the capital conservation buffer, the statement said.In addition to the SBI (State Bank of India) and ICICI Bank, which continue to be identified as Domestic Systemically Important Banks (D-SIBs), the Reserve Bank of India has also identified HDFC Bank as a D-SIB, under the same bucketing structure as last year, an RBI release said here.With HDFC Banks inclusion, there are now three banks that are described as too big to fail, including state-run State Bank of India and private lender ICICI Bank. The D-SIB categorisation imposes additional capital requirements on the banks classified as such.

Mumbai, Sep 4 (IANS) The Reserve Bank of India (RBI) on Monday announced it Auto Spare Parts Manufacturers has added private lender HDFC Bank to its list of domestic systemically important banks (D-SIBs) considered too big to fail.Ians feed.The additional Common Equity Tier 1 (CET1) requirement for D-SIBs will become fully effective from April 1, 2019. D-SIB surcharge for HDFC Bank will be applicable from April 1, 2018, it added.The RBI had issued the framework for dealing with D-SIBs in July 2014


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In case of other land

 In this case, Intekaal is primarily used for property tax purpose.How to do Intekaal of your property?Once you have registered the sale deed, you need to visit the tehsildaar or lekhpaal (pattvari or talathi) office to get the Intekaal done on your property. In Gujarat and Maharashtra, it is known as 7/12 Extract. Its only after you do Intekaal that government records will be updated to reflect your name as the new owner of the property.

 In case of other land and built-up property, ownership is reflected in municipal corporation records. In case of agricultural land, the details of ownership are reflected in revenue records. The lekhpaal will verify your documents and submit your application to other officers to transfer ownership of the property in your name. So, if you have not done Intekaal and your property is acquired by the government, the compensation will be transferred to the previous owner.Buying property is a profitable investment, which is why many of us choose this option.Auto spare parts manufacturersDontCheatYourself.If Readers also want to share their experience or any other information which could be useful and helpful for others on the same article, then kindly mail us at [emailprotected]Share this important info about Intekaal with everyone, so that maximum number of people can protect themselves from property frauds and disputes. Similarly, other states and Union Territories have their own names for revenue records related to agricultural land. To claim government compensation: Another reason to do Intekaal is that if government acquires your property, the compensation will be given to the owner, as mentioned in government records. In essence, the ownership of the property will remain with the previous owner, since the same is being reflected in government records. In UP, Bihar and MP, it is known as Khasra/Khatauni. Lets take a look at all the various processes related to sale/purchase of property and how you can safeguard your real estate investments. However, real estate investments have their own set of problems, one of which is transfer of ownership. To avoid such difficult situations, you should do Intekaal of your property. The most common fraud is that the same property is sold to multiple people.In case of land and built-up property other than agricultural land, Intekaal is done by the local municipal body. Land is a scarce commodity and it’s always in demand, irrespective of prevailing economic situation. The main thing to remember is that until and unless you do Intekaal of your property, it will not reflect in government records. To protect your real estate investment from fraud/dispute: As stated earlier, many people misuse this lack of awareness about Intekaal to commit frauds and cheat people.

 For example, in some northern states, it is known as Jamabandi. To update your property in your name in government records: People usually assume that once the sale deed has been registered, they can claim full ownership of the property.3). So, if you want to exercise complete ownership of your property, you will have to do Intekaal after you have registered the sale deed. Many people have lost lakhs and crores of rupees just because they did not do Intekaal of their property in time.When you invest in real estate, make sure you do Intekaal after the sale deed has been registered. This happens when Intekaal (mutation of property) is not done after a property is purchased. These records are known with different names in different states.Why you should do Intekaal of your property?1). People are generally not aware of the process of Intekaal, which is why they become susceptible to frauds and cheating. The ownership in these types of properties is established by the registration of the sale deed.What is Intekaal and Jamabandi?Intekaal is the process of getting details of your property updated in your name in government records. Intekaal is the only way to update ownership of the property in government records. There have been numerous cases in the past where the same property was sold to multiple buyers. This lack of information is the primary cause of all frauds and disputes related to sale/purchase of property and its ownership. Once done, the government records will be updated in your name and you will have complete ownership # of the property. You will need documents such as copy of registered sale deed, other transfer documents as applicable, application for Intekaal, affidavit on stamp paper, and indemnity bond on stamp paper


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