fixed deposits in india

[xano917]

bank jenda yetthesthey mana FDs are secured by RBI ?

#PMC 

 

[Scada]

[Assam_Bhayya]

Just now, xano917 said:

bank jenda yetthesthey mana FDs are secured by RBI ?

#PMC 

 

Only 1 lakh ku insurance and guaranteed by Govt anta bro.

But i don't think Major govt banks like SBI, Andhra, and other big corporate pvt sector banks like ICICI, HDFC, ayithe problem emi undadu bro.

e big banks lo, accounts lo funds, deposits nu bank management or govt touch chesthe inka civil war untadi, its not so easy for either bank mgmts or govt.

[Spartan]

7 minutes ago, xano917 said:

bank jenda yetthesthey mana FDs are secured by RBI ?

#PMC 

 

oke bank lo multiple accounts unte , they will be treated as one ---> Maximum insured amount is 1Lk.

ade different banks lo unte --> each bank account is considered seperate..and individually insured to 1Lk max...

 

[xano917]

1 minute ago, Assam_Bhayya said:

Only 1 lakh ku insurance and guaranteed by Govt anta bro.

But i don't think Major govt banks like SBI, Andhra, and other big corporate pvt sector banks like ICICI, HDFC, ayithe problem emi undadu bro.

e big banks lo, accounts lo funds, deposits nu bank management or govt touch chesthe inka civil war untadi, its not so easy for either bank mgmts or govt.

pvt banks are pure lotta chembus .

only 1 lakh ante distribute cheyyadam best.

[xano917]

Just now, Spartan said:

oke bank lo multiple accounts unte , they will be treated as one ---> Maximum insured amount is 1Lk.

ade different banks lo unte --> each bank account is considered seperate..and individually insured to 1Lk max...

 

1 lakh max insurance is very less. 

[Spartan]

1 minute ago, xano917 said:

1 lakh max insurance is very less. 

There is a significant difference between India and other markets when it comes to banking.

In India, no scheduled commercial bank has been allowed to go under since liberalisation. The central bank and the government have always made sure that a failing bank gets acquired before it drowns.

Only cooperative banks have failed here.

[Assam_Bhayya]

As expected, already janala gold medha padindhi c. govt. Next banks anukunta. . . . . 

Unaccounted Gold Above a Threshold May Attract Heavy Tax Soon as Govt Plans ‘Amnesty’ Scheme

Gold without receipt will have to be disclosed and tax would be payable based on the rate set by the government, sources said.

News18.com

Updated:October 30, 2019, 3:21 PM IST

 

New Delhi: In the second biggest move after demonetisation to curb black money, the Narendra Modi government may soon announce an amnesty scheme for unaccounted gold, CNBC Awaaz reported citing sources.

The report quoted sources as saying that individuals will be allowed to disclose unaccounted gold beyond a certain threshold and pay taxes on the disclosed value.

“This holding limit will be fixed under the scheme. Once the scheme is closed, heavy fines will be imposed on those holding unaccounted gold beyond the prescribed limit,” a source said.

Along the lines of the income tax amnesty scheme, the gold amnesty scheme would also be on the table for a limited time period.

The tax rate on gold holdings beyond a certain monetary value could not be ascertained immediately, but an official said it would be in line with other ‘amnesty’ schemes that were floated during 2014-16. A government approved valuer will certify the value of gold. Gold jewellery of married women below a certain amount will be exempted from this scheme, the source added.

The proposal was reportedly jointly prepared by the Department of Economic Affairs and the Department of Revenue. A ‘Gold Board’ will be set up with representatives from the government and private sector most likely this fiscal and will annually tweak proposals to keep the schemes attractive for buyers and develop gold holdings into a financial asset, the source added.

ndia’s temples and trusts hold enormous quantities of gold, running into thousands of tonne. The precious metal is offered to the deities. Temples are required by law to deposit such offerings in lockers with public sector banks and remain unproductive.

Along with the new plan, the existing Sovereign Gold Bond Scheme will be revamped to make it more attractive to buyers, the third source said, adding the decision to float the new gold plan was to be taken in the second week of October in a Cabinet meeting. But the proposal got deferred due to state elections in Maharashtra and Haryana.

The government’s Sovereign Bond Scheme allows individuals and Hindu Undivided Families (HUFs) to buy up to four kg of gold in demat form. Trusts are allowed to purchase 20 kg of gold. The scheme bears an annual coupon of 2.5 percent and is redeemed at the market value of gold on maturity. The seventh series of the scheme is to open between December 2 and December 6. The sixth series shut on October 25.

 

[Spartan]

unaccounted gold..minimum 1 Kg exemption undali Indian public ki ...

lekapote assam..

[Hydrockers]

10 minutes ago, xano917 said:

1 lakh max insurance is very less. 

There is a plan to increase that amount from  1 lac to 5 lacs

[Assam_Bhayya]

Next bank medha padatharu. Congi gallu 70 yrs dochukundi, veeli 2 terms to dochayali ani plan laaga undi.

Banks bailouts laanti situations vachina, 1 lakhs insurance is applicable only to tax paying ordinary saving account holders and FDs or middle class people.

Industrialists, corporates, film producers, mafia, politicians, govt higher officials account lo money emi avvadu. Their money is safe, just like during demonitisation time lo common people queues lo nilabadi money deposit chesi, tax filiing produce chesi white chesukunnaru., where as mafia, politicians, hawalas, govt officials chennai ku old currency kattalu thesukupoyi racha margana kotha notes thechukunnaru.

 

[Assam_Bhayya]

6 minutes ago, Spartan said:

unaccounted gold..minimum 1 Kg exemption undali Indian public ki ...

lekapote assam..

rules ,exemption, implementation, lava da anni common people ku bro.

 

[Spartan]

1 minute ago, Assam_Bhayya said:

rules ,exemption, implementation, lava da anni common people ku bro.

 

thats true.

[kevinUsa]

17 minutes ago, Assam_Bhayya said:

. Congi gallu 70 yrs dochukundi, veeli 2 terms to dochayali ani plan laaga undi.

they looted but they never touched the central bank  or the scientific institutions 

RTI  which was used by BJP to dethrone  congress was implemented by congress

 

 

[xano917]

31 minutes ago, Hydrockers said:

There is a plan to increase that amount from  1 lac to 5 lacs

5 lakh also less.. na faith or trust in current banks