Silver price hit record of Rs 1.04 lakh/kg; gold climbs Rs 430/10 gm
Continuing the winning run for the fourth straight session, the white metal bounced Rs 2,000 to hit a fresh peak of Rs 1,04,100 per kilogram (inclusive of all taxes) in the local markets.
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Time of India
42 minutes ago
- Time of India
Youth who kidnapped, raped 3-year-old killed in encounter
1 2 Lucknow: A man accused of kidnapping and raping a three-year-old girl in Lucknow was killed in an encounter with police in the early hours of Friday. The accused was identified as Deepak Verma, 24. Police said he was a habitual offender, and several criminal cases were lodged against him at various police stations. Police had announced a reward of Rs 1 lakh for any information leading to his arrest. On Thursday, a complaint was registered at Alambagh police station that a three-year-old girl was kidnapped and raped. The minor sustained multiple injuries to her private parts. Deputy commissioner of police (Central) Ashish Srivastava said, "CCTV footage was scanned, and the accused, who arrived at the spot on a white scooter, was identified through the number plate." Alambagh police were working on the case when, through an informer's tip-off. It was learnt that the Aishbagh resident was trying to flee the city. When the police apprehended him, he fired at the police. Inspector in-charge of Alambagh, Subhash Chandra Saroj, was fired at twice by the accused, but the bulletproof jacket saved his life, police said. "In retaliatory firing, cops shot him, and he was critically injured. Verma was rushed to Lokbandhu Hospital for treatment, where he succumbed to his injuries. Doctors confirmed his death, and a postmortem is being conducted as per procedure," the DCP said. "The action was taken purely in self-defence. The response was measured and controlled to apprehend the accused alive, but he succumbed to his injuries. The police recovered a country-made pistol and the scooter from the scene," the DCP added. The DCP said that the accused worked as a vendor selling water at railway stations. To recall, the three-year-old girl was kidnapped while she was sleeping next to her parents on the roadside early Thursday morning. The child was found in a severely injured state, abandoned around 500 metres from the spot. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !
Time of India
42 minutes ago
- Time of India
MCC collects record property tax in 1st 2 months of financial year
Mysuru: The Mysuru City Corporation (MCC) collected an impressive Rs 150 crore plus in property tax within the first two months of the 2025–26 financial year. The collection was boosted by a 5% rebate offered to property owners. This amount represents over 63.3% of the annual target of Rs 237 crore set for the current fiscal year, which runs from April 1, 2025, to March 31, 2026. The rebate of 5% is extended till June 30. The city has approximately 2.25 lakh registered properties, of which 1.95 lakh are revenue-generating. Spread across nine zones and 65 wards, these properties form the primary base for property tax collection, which remains MCC's single largest source of revenue alongside the water cess. In the past two fiscal years, MCC collected Rs 183.82 crore against a target of Rs 214.55 crore in 2023–24, and Rs 210.03 crore against a target of Rs 251.41 crore in 2024–25. This year, with the current momentum, MCC is on track to potentially exceed its target. Speaking to TOI, Shaikh Tanveer Asif, commissioner, Mysuru City Corporation, said: "It's a record collection in just two months." The success is a result of coordinated efforts across all nine zones. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo Crossing Rs 150 crore so early will significantly enhance our ability to provide improved civic amenities to Mysuru's citizens, he said. He also urged remaining property owners to take advantage of the 5% rebate, which remains available until the end of the month. "If you don't pay property tax, there is no way out. Corporation will collect tax, hence the people should not delay in paying property tax. They should make use of the five percent rebate and pay the tax at the earliest. The revenue from property tax plays a crucial role in taking up the projects within the corporation limits," the commissioner added. The MCC continues to prioritise efficient tax collection as the backbone of its financial planning and civic development strategy. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !
Time of India
42 minutes ago
- Time of India
UP performing on many parameters, demand for higher share in central taxes justified: Khanna
1 2 Lucknow: Days after the chairman of 16th Finance Commission Arvind Panagariya said that Uttar Pradesh, like many other states, had demanded increase in state's share from existing 41% to 50%, state finance minister Suresh Khanna said that such a demand has been raised by other states too and it is justified as UP has being doing better on several parameters. The UP govt's thrust before the 16th Finance Commission was on UP's share in central taxes which should be 20.47% against 17.93% it got in 15th Finance Commission, the finance minister told TOI. Sources said that even if UP does not get the demanded share of 20.47%, it should get at least 19.76% of central taxes, which UP got during the 13th Finance Commission between 2010 and 2015. The meeting, which was also attended by Chief Minister Yogi Adityanath, primarily focused on how much money is required by the state and why. Talking to TOI on the issue, Khanna said: "The demand is justified as UP has done better on several parameters. UP has fared well in tax effort, which is one of the criteria of the Finance Commission for allocating money. UP has collected over Rs 2.12 lakh crore in state's own tax collection. UP's own tax collection comprises state GST and VAT which stood over Rs 1.14 lakh crore." On the state's demand to increase UP's share to 20.47% of the central taxes, Khanna said that during the 14th Finance Commission, the tax share stood at 17.95% for UP which came down to 17.93% in 15th Finance Commission. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo Khanna said that UP has done better not only in its own tax revenue but also performed better in financial management and discipline with FRBM limit remaining within the permissible limit of 3%. Khanna said since UP did not have its own natural resources, its demands were just and acceptable. He said even under forest index, which is also one of the criteria, the UP govt has planted over 200 crore trees of which over 70% have survived. But the finance commission counts forest covered areas if tree plantation is not done densely. "The demand to keep tree plantation in the forest criteria was also raised before the Finance Commission," Khanna said. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !
