LIT urges property owners to avail of one-time settlement schemes
Ludhiana:
Ludhiana Improvement Trust
(LIT) officials urged people to avail themselves of the scheme for one-time settlement policies, which provide relief to defaulters from non-construction fees and pending dues for the allotment of properties.
In a press statement issued on Thursday, LIT Chairman
Tarsem Bhinder
said that the local bodies department issued two one-time relaxation policies for the allottees, those transferred, and owners of properties falling under development schemes of LIT.Under the
non-construction fee
policy, a 50% discount was given on the total amount of non-construction fee (principal amount and interest) due to allottees of properties falling under the development schemes of the trust, for which less than 15 years or more than 15 years passed from the date of issuance of the allotment letter.
Operation Sindoor
Operation Sindoor: Several airports in India closed - check full list
Did Pak shoot down Indian jets? What MEA said
India foils Pakistan's attack on Jammu airport: What we know so far
The non-construction fee due for more than 15 years was fixed at the rate of 5% of the reserve rate (applicable). Along with this, senior citizens, women, and legal heirs of soldiers of the Armed or Paramilitary Forces killed in action were also given an additional 25% discount on the above-given discount on the non-construction fee.After getting an exemption from the govt under the one-time relaxation policy regarding the amount of non-construction fee (NCF), the allottee will be bound to deposit the amount and construct his property by getting the plan approved by December 31.
He said that under the one-time settlement for pending dues where allottees made some kind of payment, this exemption will be applicable only in cases in which allottees deposited 1/4th part of the amount after the allotment of property. According to this, allottees will be able to regularise their property by depositing the remaining amount at the applicable rate (at simple interest) and restaurant charges at the rate of 2.5% at the reserve rate for the year 2025-26. Complete exemption was given on penalty/penal interest.Bhinder said that if allottees, transferees, or owners of properties falling under the development schemes of the trust want to get the benefit under the one-time relaxation policy regarding the amount of non-construction fee (NCF) issued by the govt, they can get the benefit by submitting a request in person or via email at the trust office till July 31. If anyone wants to get any other information in this regard, they can come to the LIT office on any working day and get the information.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
23 minutes ago
- News18
How Gen Z and AI Are Redefining Astrology in India: The Rise of AstroTech
Last Updated: Gen Z and AI are rewriting the future of astrology in India—making it smarter, more personal, and deeply relevant for today's digital generation. In India, where astrology has long guided personal and societal decisions—from marriage to career to investments—a new era is dawning. A powerful convergence of Gen Z's digital fluency and artificial intelligence is reshaping how astrology is experienced, accessed, and understood. What was once viewed as an esoteric, often static tradition is being transformed into an intelligent, interactive, and emotionally resonant service—available at your fingertips. At the heart of this transformation is Gen Z, a generation that grew up with technology, questions norms, and seeks deeper meaning. 'Gen Z is our fastest-growing user base, growing at a staggering 11% month-over-month," shares Punit Pandey, Founder and CIO of AstroSage AI, one of India's leading AstroTech platforms. 'These users aren't looking for generic sun sign horoscopes—they want personalized, empathetic insights that fit into their fast-paced, emotionally complex lives." For Gen Z, astrology is no longer just about prediction; it's about personal narrative. Queries on AstroSage AI are dominated by themes like career uncertainty, mental health, toxic relationships, and spiritual healing—signs of a generation seeking clarity, not clichés. To meet this demand, AstroSage AI has built a powerful backend where AI-driven astrologers analyze celestial data from over a billion birth charts and real-time user behaviour to offer hyper-personalized, conversational insights. 'These aren't cookie-cutter predictions," Pandey explains, 'They're intuitive responses to deeply personal life moments. On any given day, our AI handles over 500,000 user questions—each one tailored to individual astrological patterns and emotional contexts." Indeed, a new crop of young Indian developers is decoding ancient texts, building tools that use machine learning to match birth charts, and crafting interactive readings with generative AI. What once required visits to traditional astrologers and deciphering Sanskrit mantras can now be done through immersive mobile apps, voice assistants, and even AI avatars. Reinventing the Astrological Experience AstroSage AI has embraced this shift by reimagining the interface of astrology. Long-form horoscopes are still available, but Gen Z prefers something more immediate and immersive. 'We've launched AI avatars with distinct personalities like Krishnamurti for KP astrology and Dr. Raman for classical Vedic," Pandey shares. 'Users can choose the voice that best fits their worldview." With support for 11 Indian languages and several international ones like French, Japanese, and Portuguese, the platform is also taking Indian astrology global. Bindra echoes the potential of such innovation, noting, 'AstroTech has the potential to transform a centuries-old tradition into something truly future-facing, combining cultural continuity with technological innovation in a uniquely Indian way." A Tech-Driven Spiritual Future—With Caution But this rapid evolution isn't without its challenges. Bindra cautions: 'AI still has a propensity to hallucinate, and when dealing with sensitive belief systems like astrology, accuracy and trust become paramount." Issues around data quality in Indic languages, ethical AI behavior, and emotional sensitivity are critical to address. AstroSage AI, which has crossed 65 million app downloads and handles over 1 million daily active users, is tackling these concerns head-on. 'Every AI response is reviewed for accuracy and empathy," says Pandey. 'We've built filters, added disclaimers, and offered direct access to human astrologers. Our goal is guidance—not dependence." What's Next: Proactive Astrology and Predictive AI Looking ahead, the future of AstroTech goes beyond reactive consultations. 'Our next leap is proactive, agentic AI—autonomous avatars that track live astronomical data, user patterns, and even social sentiment to offer preemptive guidance—before a question is even asked," Pandey reveals. This signals a shift not just in how astrology is delivered, but in when and why. Imagine a world where your digital astrologer nudges you before a stressful day at work or suggests introspection before a tough conversation. The AstroTech revolution is more than a trend—it's a new paradigm. What once lived in almanacs and temples is now in your pocket, driven by data, shaped by empathy, and inspired by tradition. As Bindra aptly puts it, 'This evolution isn't about replacing belief systems, but about augmenting them… and perhaps, in the process, creating a global blueprint for how ancient systems and modern intelligence can co-evolve." For India and the world, the stars haven't changed. But how we understand them is being rewritten by a new generation, one swipe at a time. About the Author Swati Chaturvedi Swati Chaturvedi, a seasoned media and journalism aficionado with over 10 years of expertise, is not just a storyteller; she's a weaver of wit and wisdom in the digital landscape. As a key figure in News18 More
Time of India
27 minutes ago
- Time of India
India supplies arms to 92 countries: Defence MoS Sanjay Seth
Shimla: Union minister of state for defence Sanjay Seth said on Tuesday that India has transitioned from an importer to an exporter, with defence exports worth approximately Rs 23,500 crore last year. "We are supplying arms to 92 countries, with a defence export target of Rs 50,000 crore this year and Rs 3 lakh crore by 2029," said Seth during a presser in Shimla. Focusing on the achievements of Prime Minister Narendra Modi-led NDA govt's 11-year tenure, the Union minister stated that India's defence budget for the fiscal year 2025-26 is Rs 2.81 lakh crore, up from approximately Rs 2.53 lakh crore in 2013-14. Previously known as an importing nation, India now produces its own bulletproof jackets and boots, making our forces self-reliant. Seth was accompanied by former chief minister and present leader of the opposition Jairam Thakur, state BJP president Dr Rajeev Bindal, Shimla MP and Air Force veteran Suresh Kashyap. Seth said that India has become the fourth-largest economy in the world and is on the path to becoming the third-largest. "India is confident of achieving the goal of a developed nation by 2047 with Modi's visionary leadership," he added. "When the Ukraine-Russia war began, India safely evacuated 23,000 students, and students from 28 countries left safely under the Indian flag," said Seth. "Under Operation Kaveri , over 3,000 Indians were brought back safely, and after the Pahalgam terrorist attack, it was the first time such a significant military operation was conducted against a nuclear-armed country. Indian armed forces eliminated terrorists in 23 minutes, destroying their 11 air bases," he added. MSID:: 121754401 413 |
First Post
28 minutes ago
- First Post
EVs at Risk: How China's Rare Earth Controls Hit India Vantage with Palki Sharma
EVs at Risk: How China's Rare Earth Controls Hit India | Vantage with Palki Sharma | N18G EVs at Risk: How China's Rare Earth Controls Hit India | Vantage with Palki Sharma | N18G India's electric vehicle industry faces a critical threat. China, the world's top supplier of rare earth magnets, has tightened export controls. These magnets are vital for electric motors. Over 30 Indian shipments are now stuck. Production timelines are at risk, especially for two-wheeler makers. Can India reduce its dependence? What is the government doing to avoid disruption? And how does this supply crunch give China strategic leverage? Palki Sharma explains. See More
