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Rs 3 lakh fine if you make cash payment of Rs 3 lakh or more

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The government in month of march  proposed to lower the cash transaction limit to Rs 2 lakh, from Rs 3 lakh announced in the Budget, as it introduced 40 amendments to the Finance Bill in an unprecedented move. As the Finance Bill was taken up for consideration in the Lok Sabha, the opposition parties protested against the introduction of these many amendments, saying it was being done as a "back-door entry". Lok Sabha Speaker Sumitra Mahajan, however, overruled the objections raised by the opposition parties, saying the incidental provisions involved in the amendments constitute a Money Bill and therefore can be considered as part of the Finance Bill. The proposed amendments to the Finance Bill include a provision to cap legal cash transactions at Rs 2 lakh. While presenting the Budget on 1 February  Finance Minister Arun Jaitley had proposed to make any cash transaction beyond Rs 3 lakh as illegal with effect from April this year. A penalty of equal amount would be levie...
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INVENTION THAT CHANGED OUR LIFE

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HELLO FRIENDS,WELCOME TO INSTATECH4U,        In this modern era,The invention of innovative and scientific instuments,machines,Medicines changed our lives and creates greater impact on human life.So lets know some very important invention which changed the lives of human beings. X-RAYS : In the year 1895,the physicist wilhelm Roentgen discovered X-rays,the word "X" signifying their then origin.He later found that the rays could pass through muscles or flesh and by using the photographic plates, it could make images of bones inside the body. He firstly test their experiments on his wife's hand in the month of december 1895 and is the oldest surviving X-rays image of a part of a human body.     PENICILILLIN : Alexendar fleming discovered the first antibiotic in 1928.by the mid 1940s,work in the US & UK led to the first penicillin reaching patients.   DNA DOUBLE HELIX : The reconstruction of first ever model of the DNA molecul...
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10 Important GOODS AND SERVICES which get cheaper after GST launch from july1.

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Goods and Services Tax (GST)  is an indirect taxation in India merging most of the existing taxes into single system of taxation. It was introduced as The Constitution (One Hundred and First Amendment) Act 2016, following the passage of Constitution 122 nd  Amendment Bill. The GST is governed by GST Council and its Chairman is  Union Finance Minister of India  : Arun Jaitley . source:forevernews.in Source:economic times GST is a comprehensive  indirect tax  on manufacture, sale and consumption of goods and services throughout India (Except state of j&k) , to replace taxes levied by the  central  and  state  governments. 10 essential products that will be cheaper after GST rollout: 1.Cars - With lower manufacturing costs, the prices of all types of cars are expected to drop significantly. 2. Batteries - The unified tax rated will bring the prices of batteries down significantly. The sector currently has to she...
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JEE Mains 2017: Son of compounder tops JEE MAIN exams by Scoring 360/360

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The chairperson of the Central Board of Secondary Education (CBSE), RK Chaturvedi, called    Kalpit Veerwal   in the morning to give him the news that he got AIR 1.He is the topper in general as well Scheduled Caste category. He has scored 360 out of 360 in the examination. He has appeared in Class 12 board exams privately from MDS Public School this year and the result is awaited.   Kalpit Veerwal,Topper Said “It is a happy moment for me to be the topper in JEE Mains but I am taking it normally and focussing on JEE Advanced, which would be held next month .“I used to study for around 5-6 hours daily apart from coaching classes and classes in school,I did regular studies, never missed the classes, kept my confidence high and cleared doubts from my teachers to achieve success in JEE Mains 2017” source:NEWS MEDIA Veerwal said his family, teachers and Kota-based Resonance Eduventure Private Limited’s Udaipur branch helped him achieve the feat. He has been a stude...
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JEE MAIN 2017 RESULTS DECLARED,CUTOFFS FOR JEE ADVANCED :click here for full details

The Ministry of Human Resource Development, Government of India has notified following two changes in the JEE pattern for 2017: There shall be no weightage for the 12 th  class marks in calculating the ranks in the JEE (Main) examination, For the candidates to qualify for the admission in the IITs/NITs/IIITs and such other CFTIs whose admissions are based on the JEE (Advanced)/JEE(Main) ranks, they should have secured at least 75% marks in the 12 th  class examination, or be in the top 20 percentile in the 12th class examination conducted by the respective Boards. For SC/ST students the qualifying marks would be 65% in the 12th class examination. CBSE has released the JEE MAIN 2017 RESULTS TODAY. The JEE Mains exam was held on April 2. Out of the total 10.2 lakh aspirants, around 2.20 lakh students have qualified for the JEE Advanced exam that will be held on May 21. Cut-off score for appearing in JEE (Advanced) – 2017 for following categories* Catego...
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IITJEE MAIN RESULTS 2017 Declares Today : Know from Where & How to Download Score & Rank

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IITJEE Main Result 2017 :  The score and rank of Paper-I of  JEE Main  2017 for all candidates will be declared today on 27th April 2017. This score shall comprise the actual marks obtained in Paper-I of JEE (Main) 2017 along with the status of those who qualify for appearing in IITJEE (Advanced) 2017 provided and subject to other conditions of eligibility being met. The rank shall comprise All India rank and All India category rank. The Central Board of Secondary Education (CBSE) has successfully conducted the Paper 1 and paper 2 on 2 nd(offline) , 8 th , and 9 th  of April 2017.The CBSE has already released the answer key for the JEE Main examination soon after the examination completed. CBSE has also accepted the objections against answer key before 22 nd  of April. The  JEE Main Results 2017  are reportedly releasing on 27 th  April 2017. You can check the results on official CBSE website, cbse.nic.in or JEE Main Official website, ...
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Reliance Jio is giving 1 GB more JIO 4G data free, grab this OFFER Now.

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This offer is named as DOUBLE DATA OFFER by Reliance JIO.Reliance jio and SAMSUNG have put their efforts Together for this offer.So if you buy Samsung Galaxy S8 or Samsung Galaxy S8+,THEN YOU CAN AVAIL THIS OFFER . On a monthly recharge of just Rs 309, buyers of SAMSUNG GALAXY  S8 or GALAXY S8+ will get 448GB 4G data over 8 months. This effectively means 2GB data per day, which is just the double of what you get under the ‘JIO Dhan Dhana Dhan’ offer. That means, 1 GB data is effectively free FOR GALAXY S8 OR S8+ USERS. want to buy this Smartphone just click this link This  of fer, which is going to start  from   5 May  for 8 months, is only available for Jio users who have got themselves enrolled for the JIO Prime membership. IF YOU LIKE THIS POST,HIT LIKE & SHARE DON'T FORGET TO FOLLOW US FOR MORE UPDATES.
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