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As a continuing initative to curb generation of black money from real estate transactions
Government of India should implement E Property Pass Book
It should be ensured that all properties owned by a person with its purchase cost and date of purchase should be linked with PAN number and or Aadhar Number.
The cost of property in case of transmission / mutation should be entered following income tax rules.
Once the details are entered at concerned the Registrar office a E Property Pass Book will be created where one can store the property owned by him either single or jointly.
Subsequent purchase / sale / transmission / transfer of property should be made through passing of consideration from buyer to seller designated bank account linked with Aadhar.
Letting of property on rent / lease and payment for the same could also be done through bank account linked with Aadhar so that there is no reason for arbitary account of house property income.
This shall do in long way of avoiding under reporting of value of properties sold or rent realised.
Government of India should implement E Property Pass Book
It should be ensured that all properties owned by a person with its purchase cost and date of purchase should be linked with PAN number and or Aadhar Number.
The cost of property in case of transmission / mutation should be entered following income tax rules.
Once the details are entered at concerned the Registrar office a E Property Pass Book will be created where one can store the property owned by him either single or jointly.
Subsequent purchase / sale / transmission / transfer of property should be made through passing of consideration from buyer to seller designated bank account linked with Aadhar.
Letting of property on rent / lease and payment for the same could also be done through bank account linked with Aadhar so that there is no reason for arbitary account of house property income.
This shall do in long way of avoiding under reporting of value of properties sold or rent realised.
I would like to bring this to the notice of the public about how I came in contact with Mr Pedro after I lost my job and was denied a loan by my bank and other financial institutions due to my credit score. I could not pay my children's fees. I was behind on bills, about to be thrown out of the house due to my inability to pay my rent, It was during this period my kids were taken from me by foster care. Then I set out to seek funds online where I lost $3,670 that I borrowed from friends which I was ripped off by two online loan companies. Until i read about Mr Pedro helping people with an loan online in which this email was stated (pedroloanss@gmail.com) somewhere on the internet, Still wasn't convinced because of what i have been through until a relative of mine who is a clergy also told me about the ongoing loan scheme at a very low interest rate of 2% and lovely repayment terms without penalty for default of payment. I had no choice than to also contact them, which I did. Mr Pedro responded back to me. That day was the best and greatest day of my life which can never be forgotten when I received a credit alert for the $400,000.00 Usd loan amount I applied for. I utilized the loan effectively to pay up my debts and to start up a business and today my kids and I are so happy and fulfilled. You can also contact them through email: (pedroloanss@gmail.com / WhatsApp Text : +18632310632) Why am I doing this? I am doing this to save as many that are in need of a loan not to be victims of scams on the internet. Thanks and God bless you all, I'm Oleksander Artem from Horizon Park BC , Ukrain.
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