HENCY R SHAH AND ASSOCIATES

Features of New Parliament Building in Numbers.   28th May 2023, Prime Minister Narendra Modi inaugurated India’s new Parliament building situated in Delhi’s Central Vista. ₹971 crore is the estimated cost of the newly constructed Parliament. 4-storey triangular-shaped building. 64,500 sqm total construction area, creating a modern architectural marvel in the heart of Delhi. 5000 art pieces impressive collection showcases. 3 entrances, named- Gyan Dwar, Shakti Dwar, and Karma Dwar 888 MPs will be accommodated in the Lok Sabha, 3 times the capacity of the current Lok Sabha, it symbolizes the national bird, the Peacock. 384 seats for the new Rajya Sabha. It symbolizes the national flower, the Lotus 1280 members can be accommodated in Lok Sabha chambers in case of Joint house sitting 6 Committee rooms for members. 92 rooms for the use of the Council of Ministers. Zone 5 Earthquake-Proof Construction. 30% saving in electricity by prioritizing sustainability ...

The Reserve Bank of India (RBI) has made the decision to withdraw the ₹2000 denomination banknotes from circulation, although they will still be considered legal tender. The RBI has advised banks to immediately stop issuing ₹2000 banknotes. The ₹2000 note was introduced in November 2016 following thxe withdrawal of the ₹500 and ₹1000 banknotes at that time. According to sources cited by news agency ANI, the ₹2000 banknotes will continue to be legal tender even after September 30th. The RBI expects that within the four-month timeframe, most of the ₹2000 notes in circulation will be returned to banks. The RBI emphasizes that this is a routine exercise and urges the public not to panic. The RBI stated that the objective of introducing the ₹2000 banknotes was achieved once banknotes in other denominations became readily available. The printing of ₹2000 banknotes was discontinued in 2018-19. The majority of ₹2000 banknotes, about 89%, were issued prior to March 2017 and have reached their e...

Professionals under PMLA On May 3rd, 2023, the Central Government issued a notification bringing practicing professionals in the field of Chartered Accountancy, Company Secretaries, and Cost and Works Accountants under the ambit of the Prevention of Money Laundering Act (PMLA) if they execute any financial transactions on behalf of clients. This notification has been issued under sub-clause (vi) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-Laundering Act, 2002 (15 of 2003). The following financial transactions carried out by a relevant person on behalf of his or her client, in the course of his or her profession, will be considered an activity for the purposes of the PMLA: 1. Buying and selling of any immovable property. 2. Managing of client money, securities, or other assets. 3. Management of bank, savings, or securities accounts. 4. Organization of contributions for the creation, operation, or management of companies. 5. Creation, operation, or managemen...

"What are the Ideal Working Hours for Achieving Work-Life Balance?" - How Can You Find the Perfect Balance? Are you tired of feeling burnt out and overwhelmed from working long hours? Do you find it challenging to balance your work and personal life? If so, then you're not alone. Achieving a healthy work-life balance is essential to living a fulfilling life, and finding the ideal working hours can help you achieve this balance. According to research, working for more than eight hours a day can lead to stress, fatigue, and burnout. Therefore, it's important to find the right balance between work and personal life to maintain a healthy lifestyle. But what are the ideal working hours for achieving work-life balance? Well, the answer isn't straightforward, as it can vary from person to person. However, experts recommend working no more than 40 hours per week, or eight hours per day, five days a week. This can help individuals avoid overworking, reduce stress, and impr...