icon Illegal interest

I have borrowed a loan of rupees 5000. After two days I went to repay it to lender, he asked me to give 1000 interest for two days. I paid him 6000 rupees, now he is asking me for extra 500 and giving

1 Response(s)

7 months ago


A. Dear client,
Lodge a complaint with a local police station against him section 506 IPC for criminal intimidation & penal provision under Money Lending Act of your State.

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icon Crypto - No Caption Gain Or Profit

Hi, I wanted to ask about crypto. i recieve my salary in crypto. And sell it at same price or in loss, still i have to pay 30% tax? Or i should file taxes in normal slab rates No Caption Gain Or Pro

1 Response(s)

7 months ago


A. Dear client,
If you have dabbled in crypto transactions, not only will you have to report the gains or income therefrom during the financial year in your income tax returns, a detailed disclosure of all your trades will have to be made under a separate VDA (virtual digital assets) schedule.

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icon Loan on property where land was on lease and has expired

I have an ancestral property that I have inherited post my father's demise. The property was purchased by my great grandfather and I am 4th generation to inherit it. The land on which the property was

3 Response(s)

8 months ago


A. Dear client,
It is the sole duty of the buyer to convince the banks to get the loan. The relevant document also has to be procured by him itself

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icon Clarification required for bonus

Am I eligible for bonus as I resigned my job in Mar 13th 2023

3 Response(s)

10 months ago


A. Dear Sir,
If bonus was declared as on the date when you were serving then you are entitled for such bonus. You may approach the following authority if bonus is not given to you.


Please approach the following authority or similar authority in a state


The Office Commissioner of Labour
Karmika Bhavan, Dairy Circle,
Bannerghatta Road, Bangalore-29.
080-29753078
[email protected]
Addresses of Labor Inspectors in Bengaluru in different locations
https://karmikaspandana.karnataka.go ...ReadMore

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icon Forex trading Scam

I have involved in forex trading scam where i lost almost 20 lakhs in investing in 2 companies where i have paid them using credit cards, now they are non responsive, i have contacted bank and RBI too

2 Response(s)

10 months ago


A. Dear Client,

The Foreign Exchange Management Act (FEMA), set forth by the Reserve Bank of India, is the legal framework for forex trading in India. FEMA states that trading in foreign currencies is allowed in India with certain restrictions.

Forex transactions can only be undertaken with authorized persons and for permitted purposes. According to the RBI, which is the country’s central bank, an authorized person is an entity authorized by the RBI itself to deal in forex. It can be an authori ...ReadMore

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icon Planning to open a restaurant cafe

Dear Sir/Madam, I am writing to let you know that I am planning to open a restaurant cafe with a theme based on the Share Market. The idea behind this venture is to provide a platform for the trading


A. As long as you are not allowing trading and also illegal trading of ahres from your place SEBI will not have any issues with it
Sharing of news, views, tips and arranging talk show about share market is absolutely fine and you can do that.

For running a restaurant you will need to ha e all the required licenses like GST, Trade license, food license etc.

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icon Finalce like daily and weekly basis

sir Iam varma in my question is all over India wise so many people r doing daily basis finalce. It's more than 70 percent interested. Sir so many of people not understand and not only this they r not


A. Hello Sir,
I didn't understood your facts. Please make it more clear and let us know about the same.
Thank you

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icon Money sent to different accounts in the name of crypto currency?

On telegram, Some people have assured me of 30% instant returns on the money I give them. And that they do it through hyping the cryptocurrency funds. Initially I paid 1000 and 3000 one after the othe


A. Dear Sir,
Cryptocurrencies as a payment medium in India are not regulated by any central authority. There are no rules and regulations or any guidelines laid down for settling disputes while dealing with cryptocurrency. So, trading in cryptocurrency is done at investors' risk.

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icon I have an proprietorship firm

Respected sir, I have an proprietorship firm , one of the investor is ready to invest in my firm may I know what kind of legal papers I shall make with him


A. Dear Sir,
U may have to form partnership firm as the scope of your business will change from Proprietorship to Partnership. please find below the proforma to get the partnership firm registered.
___________________
PARTNERSHIP DEED

THE DEED OF PARTNERSHIP is made and executed between on this the xxxxxxxxxx day of xxxxxxxxxx, Two Thousand and Eighteen (00.00.0000) by and
BETWEEN:
Xxxx
Xxxxx
Xxxxxx
Xxxxxx


PAN No. : xxxxxxxxx

Hereinafter referred to as the ‘FIRST PARTY’ which expression s ...ReadMore

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icon Golden 24 Humara India Credit cooperative society limted Refund

My Golden 24 Humara India Credit Cooperative Society Limted matured on 21/05/2020 and they are not paying back there branch is closed and Grievance number says when branch will open you will get mone


A. Dear Client

It seems that lot of members have suffered the same fate and they have lodged complaint with the government authorities. You can send them a legal notice asking them to repay your matured due amount else you can take a legal action against them.
Since they are headquartered in Kolkata hence if required we can represent you in filing a case against them.

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