JK highway closed for traffic, over 200 vehicles stranded
Banihal/Jammu: The Jammu-Srinagar national highway was closed for traffic on Thursday due to a landslip in Ramban district, leaving over 200 vehicles stranded. The highway also witnessed fresh snowfall at several places. The landslip took place in Sherbibi area of the district, which also witnessed heavy rains, officials said. “The road damaged near Sherbibi on […]
Sitharaman presents Rs 47.66 lakh cr Budget, 6 pc higher than FY24
New Delhi: The size of Budget 2024-25 has increased 6.1 per cent to Rs 47.66 lakh crore because of rise in expenditure and higher allocation for capital expenditure and social sector schemes. “The Revised Estimate of the total receipts other than borrowings is Rs 27.56 lakh crore, of which tax receipts are Rs 23.24 lakh […]
Highlights of Interim Budget 2024-25
* No change in direct, indirect tax rates * Withdraws income tax demands up to Rs 25,000 till 2009-10; Demands up to Rs 10,000 from 2010-11 to 2014-15 also withdrawn * Move to benefit about a crore taxpayers * A scheme to help middle class living in rented houses to buy or build their own […]
Centre to provide Rs 75,000 Cr interest-free loan to states
New Delhi: The Union government will provide Rs 75,000 crore as interest-free loan for 50 years to support reforms by states for realising the vision of ‘Viksit Bharat’. The government has set a vision to make India a developed nation by 2047. Finance Minister Nirmala Sitharaman made the proposal in this regard in her Budget […]
Govt to withdraw 1.1 crore small tax demands totalling Rs 3,500 crore: Revenue Secretary
New Delhi: The government will withdraw as many as 1.11 crore disputed tax demands totalling Rs 3,500 crore for the five-year period till 2014-15 under a Budget proposal that aims to end hardships for small taxpayers, an official said on Thursday. Revenue Secretary Sanjay Malhotra said these pending demands are in respect of income, wealth […]
RBI says 97.5 pc of Rs 2,000 currency returned
Says Rs 8,897 cr worth of notes still with public Mumbai: The Reserve Bank of India (RBI) on Thursday said nearly 97.5 per cent of the Rs 2,000 bank notes have been returned to the banking system, and only about Rs 8,897 crore worth of the withdrawn notes are still with the public. On May […]
Centre allocates Rs 37,277 crore to JK in Union Budget
Srinagar: The Centre on Thursday allocated Rs 37,277.74 crore to Jammu & Kashmir in the interim budget for 2024-25. The budget was unveiled by Finance Minister Dr Nirmala Sitharaman in the Lok Sabha on Thursday. Of the allocated amount, Rs 35,619.30 have been kept as central assistance to bridge the resource gap of the UT. […]
CS takes holistic review for promotion, development of Tourism in Jmu
JAMMU: Chief Secretary, Atal Dulloo Thursday took holistic review of the measures being taken in and around Jammu for large scale development and promotion of tourism and culture here. The meeting was attended by Principal Secretary, Culture; Commissioner Secretary, Tourism; PCCF, CAMPA; Secretary, PWD; Ex Dir, Mubarak Mandi Heritage Society; DC, Reasi; Director Tourism, Jammu […]
PM to address Bharat Mobility Global Expo today
New Delhi: Prime Minister Narendra Modi will address India’s largest and first-of-its kind mobility exhibition — Bharat Mobility Global Expo 2024 — on Friday at Bharat Mandapam here. It will showcase the country’s capabilities across the entire mobility and automotive value chains and feature exhibitions, conferences, buyer-seller meets, state sessions, road safety pavilion and also […]
Death toll in Baramulla accident rises to 10
Baramulla: The death toll in Wednesday’s accident in north Kashmir’s Baramulla district has increased to ten as three more people who were hospitalised succumbed to their injuries, officials on Thursday said. Three more people died on Thursday, taking the toll to 10, they said. Seven people died on Wednesday when a vehicle they were travelling […]