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p-note
by venkatramanan meenakshisundaram on Oct 25, 2007 11:06 AM  Permalink 

in the checking of subaccounts and p-notes we shd know the nature of accounts Otherwise all terrorists will finance and get profits ploughed back to be used for their nefarious designs As of now there is no proper siphoning of all foreign contributions This also shd be done

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P note
by Padmavathi on Oct 25, 2007 10:43 AM  Permalink 

There cannot be dual standards. Government should not be in a dilemma and leave things unattended. Source is an important factor for disclosing the income of individual/enterprise as well as the treasury. Allowing unknown sources to enter into the market/economy need to be plugged in. Every incoming receipt/investment need to be disclosed, as every child need to know its initials. Difficulties and delays in registration does not mean impossibility. Its an excuse. If government excuses it as it may lead to market crash then they should accept for removal of the famous quote "ignorance of law is no excuse".

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Excellent 2nd suggestion by RBI
by Sam beledona on Oct 25, 2007 09:52 AM  Permalink  | Hide replies

A lock in period of 3-5 years in investment made through P-Notes will be a fantastic prposition. Taking a bull by the horns.

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