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Saturday, 7 September 2013

[www.keralites.net] RBI enhances limit of Indian Currency

RBI enhances limit of Indian Currency for Resident Individual travelling abroad from Rs. 7,5000 to Rs. 10,000

The amount has been enhanced to Rs 10,000 a person compared with Rs 7,500 earlier

In a bid to provide greater flexibility to resident individuals travelling abroad and to attract more foreign exchange inflows in India, the Reserve Bank of India (RBI) on Friday enhanced the limit of Indian rupees any person residing in India can take outside the country or a person who has gone out of India on a temporary visit can bring into India.

The amount has been enhanced to Rs 10,000 a person compared with Rs 7,500 earlier.

"Any person resident in India might take outside India (other than to Nepal and Bhutan) currency notes of government and RBI notes up to an amount not exceeding Rs 10,000 a person and who had gone out of India on a temporary visit, might bring into India at the time of his return from any place outside India (other than from Nepal and Bhutan), currency notes of government and RBI notes up to an amount not exceeding Rs 10,000 a person," said RBI in a notification on Friday.

The related RBI Circular is given below

Best Regards

Prakash Nair

Certified Personal Financial Advisor(CPFA)

Indian Currency limit for Resident individuals travelling abroad

RBI/2013-14/233
A.P. (DIR Series) Circular No. 39

September 6, 2013

All Category – I Authorised Dealer Banks

Madam/ Sir,

Export and Import of Currency

Attention of Authorised Persons is invited to Regulation (2) of Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2009, notified vide Notification No. FEMA 195/RB-2009 dated July 7, 2009, in terms of which, any person resident in India may take outside India or having gone out of India on a temporary visit, may bring into India (other than to and from Nepal and Bhutan) currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs.7,500 per person.

2. As part of providing greater flexibility to the resident individuals travelling abroad, the existing limit, mentioned above, has been enhanced to Rs. 10,000 per person.

3. Accordingly, any person resident in India:

i) may take outside India (other than to Nepal and Bhutan) currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs.10,000 (Rupees ten thousandonly) per person; and

ii) who had gone out of India on a temporary visit, may bring into India at the time of his return from any place outside India (other than from Nepal and Bhutan), currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs.10,000 (Rupees ten thousandonly) per person.

4. Authorised Persons may bring the contents of this circular to the notice of their constituents, customers and foreign counter parties concerned.

5. Reserve Bank of India has since amended the relevant Regulations vide Notification No.FEMA.258/2013-RB dated February 15, 2013, notified vide G.S.R.No.480(E) dated July 12, 2013

5. The directions contained in this circular have been issued under sections 10(4) and 11(1) of theForeign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.

Yours faithfully,

(Rudra Narayan Kar)
Chief General Manager-in-Charge

Posted by: pnair1966

www.keralites.net

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[www.keralites.net] Story: The Girl and the Plants

A little girl was enjoying the beauty of the garden in her home. Her father had a good collection of rare and exotic plants. He grew them with tender care.

The girl was fascinated by a plant full of fine and fragrant flowers. She went near the plant and enjoyed its beauty and the fragrance of its fine flowers. Suddenly she noted that the plant was growing in a heap of filth. She could not tolerate the presence of dirt at the bottom of the plant with such fantastic flowers.

She conceived a plan to clean the plant. She pulled the plant with all her might and uprooted it. She then carried it to the tap and washed the shoot and roots in running tap-water till all traces of dirt were washed away. She then placed the plant on a clean stone and went away, thinking that she had done a great deed indeed.

Later her father came to the garden and saw the uprooted plant. Its flowers and leaves had wilted and the plant had almost died in the scorching sun. His little daughter ran to him to exhibit her achievement. "I have cleaned it, Daddy", she reported innocently. "It was placed in dirty soil. Now it is clean."

The father showed her how her treatment had almost killed the plant. He told her that he had collected the filthy soil and placed it to cover the plant's roots as it was the best medium to grow that plant. It could grow up healthily and produce fine flowers only if grown in filthy soil. She was sad that the plant had suffered and withered by her cleaning.

Flash:

Pain, poverty and illness may cause agony in our life. Sight of successful persons may make us depressed and envious. A great gardener mixes the right soil for each plant. In the same way God provides each of us with the best environment required for optimum spiritual growth. But it may appear to be unpleasant to us and we may even complain to God about our plight.
- – - written by Angel

Junaid Tahir

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[www.keralites.net] Two minute Tips for Resume

Effective content strategies from Designing a Resume with Steve Harris

Employers review hundreds, even thousands, of resumes. It's your job to make it easy for them to see your outstanding skills and expertise.

Here are a few tips on what to include—and leave out:

Keep it simple. Determine ahead of time what you're going to include, and don't try to stuff every piece of information you can into the document. If you give employers too much information ahead of time, they have no reason to bring you in for an interview to learn more.

Make sure your contact information is easy to find—and don't include every type of contact information you have, such as address, all phone numbers, and social media handles.

Don't include personal information like your social security number. You can provide that once you're employed with the company.

Never lie on your resume; all information should be truthful.

Don't use high-resolution graphics. When the resume is opened as a low-resolution PDF, it will look bad. If you want to show high-res graphics as part of a portfolio, provide a link or separate document.

Be mindful of the PDF size. A 10-megabyte PDF might not make it through to the recipient's email inbox, as there are often limits on file size.

Show some personality! Be yourself. A potential employer wants to know who the real you is, and if you'll fit in the company.

For more tips on making your resume stand out, watch Steve Harris's full course, Designing a Resume.

Junaid Tahir

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[www.keralites.net] What happened to 8 wealthiest people in the world?

What happened to 8 wealthiest people in the world?

"In 1923, Eight of the wealthiest people in the world met. Their combined wealth, estimated, exceeded the wealth of the government of the United States. These men knew how to make a living and accumulate wealth.
25 years later.

1. President of the largest steel company, Charles Schwab, died bankrupt.

2. President of the largest gas company, Howard Hubson, went insane.

3. One of the greatest commodity traders, Arthur Cutton, died insolvent.

4. President of the New York Stock Exchange, Richard Whitney, was sent to jail.

5. A member of the President's Cabinet, Albert Fall, was pardoned from jail.

6. The greatest "bear" on Wall Street, Jessie Livermore, committed suicide.

7. President of the world's greatest monopoly, Ivar Krueger, committed suicide.

8. President, Bank of International Settlement, Leon Fraser, committed suicide.

They forgot to make a life ! Just made Money !

Money provides food for the hungry, medicine for the sick, clothes for the needy, but is only a medium of exchange.

We need two kinds of education.

One that teaches us how to make a living and one that teaches us how to live.

People are engrossed in their professional life and neglect their family, health and social responsibilities.

Our kids are sleeping when we leave home.
They are sleeping when we come home.
Twenty years later, we'll turn back, and they'll all be gone !!!!!.

Without water, a ship cannot move.
The ship needs water, but if the water gets into the ship, the ship will face problems and sink.

Similarly we live in a time where earning is a necessity but let not the earning enter our hearts, for what was once a means of living will be become a means of destruction.

So take a moment and ask yourself….

Has the water entered my ship?"

LOVE LIFE & ENJOY WITH YOUR NEAR & DEAR ONES...

LIFE IS PRECIOUS...
LIVE IT AND NOT JUST SPEND IT.........

Posted by:Alwayssmile

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