‘Self-correction needed but don't be indiscriminate'
Kolkata: Restaurants' bodies in the city, including the National Restaurants Association of India (NRAI) Kolkata chapter and the Hotel and Restaurants Association of Eastern India (
HRAEI
), have pleaded with the civic authorities to refrain from a blanket ban on rooftop restaurants. They, however, believe there is a need for 'self-correction' on the part of those who have been flouting norms to use terraces for commercial use.
Mayor Firhad Hakim announced on Friday that all rooftop eateries will be shut down in the wake of the Burrabazar hotel fire last Tuesday. The NRAI is contemplating legal action against the civic move.
You Can Also Check:
Kolkata AQI
|
Weather in Kolkata
|
Bank Holidays in Kolkata
|
Public Holidays in Kolkata
The associations, as well as restaurant owners, fear that shutting down rooftop eateries could be a crippling blow to the food and beverages sector. Many depend on their rooftop sections for business despite having indoor seating arrangements. A central Kolkata restaurant, which had a partially open terrace section, shut it down on Friday night. An open-air and lounge bar on Russell Street said it will keep its rooftop section open until a notification arrives. Several others were undecided about staying open in the future.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Co-Founder of Google Brain, Andrew Ng, Is Reported To Have Read Every...
Blinkist: Andrew Ng's Reading List
Undo
According to the HRAEI, Kolkata has more than 600 rooftop and open-terrace eateries. "There could be some who are flouting the civic norms. They should be asked to take corrective measures, and action should be taken if they don't. But the rest should not be penalised for others' transgressions. Around 10% of the city's restaurants have rooftop sections, and they also employ around 10% of the total workforce in the industry," said HRAEI president Sudesh Poddar.
An NRAI spokesperson said the association received the KMC notification. "It cited various civic rules that say constructions on the rooftop are illegal and that they need to be accessible to all. It also said that the terrace or rooftop is a common area which can't be used commercially. If this is the law, then why did the KMC and the fire department grant the necessary licences to so many rooftop restaurants? It is unfair to force them to shut down after so many years. Instead, we should be given a chance to correct the illegalities, if there are any," said the spokesperson.
He added that most rooftop restaurants have bars which just renewed their liquor licences for a hefty sum. "It would be unfair to single out standalone rooftops. Several five-star hotels have multiple facilities like restaurants, gyms, and swimming pools on their rooftops. They should also be asked to shut them down," said Poddar.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
11 minutes ago
- Time of India
"Let's help him out with a GoFundMe": Josh Allen's massive $55M salary hit hard by taxes, fans can't stop joking about what's left
NFL star Josh Allen loses big chunk of $55M salary to New York taxes (Getty Images) When Josh Allen signed his jaw-dropping six-year, $330 million contract extension with the Buffalo Bills earlier this year, NFL fans and analysts alike were left awestruck. The record-shattering numbers put Allen right behind Patrick Mahomes in terms of the largest contracts in league history. But amid the celebration and excitement, a more sobering topic quickly surfaced — just how much of that staggering paycheck will Allen actually keep? Spoiler alert: not as much as most people think. Josh Allen's $330M contract extension: The tax reality behind the NFL's mega deal According to a post by the MLFootball X (formerly Twitter) account, over $27 million of Allen's projected $55 million annual salary will be claimed by various tax authorities. These include $20.35 million in federal income tax, $5.9 million in New York State taxes, $1.3 million in federal payroll taxes, and roughly $478,500 in 'jock tax' — a fee professional athletes pay for performing in multiple states. This estimate led to waves of reactions online, from empathetic sighs to humorous jabs. Of course, all jokes aside, it's clear that Uncle Sam has a powerful arm when it comes to grabbing a chunk of NFL paychecks. Still, it's important to note that the tax math is far from an exact science. As with many top-earning athletes, the precise amount Josh Allen will lose to taxes depends on a range of personal financial details — many of which are kept private. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo NerdWallet's tax bracket estimates suggest Allen could pay upwards of $8.4 million to New York State alone, depending on how he files. That already raises questions about the accuracy of the earlier MLFootball figures. Even so, the central idea remains valid: Allen, like most professional athletes playing in high-tax states like New York or California, is facing an uphill battle to retain more than half of his income. It's not a new conversation, either. Similar speculation surfaced in previous years, especially when Allen signed his earlier $258 million extension in 2021. It's a known reality that high-income earners in states with steep tax brackets will fork over a sizable portion of their earnings to the government. Add in the complexities of 'jock tax' — which is only applied to games played within specific states — and the picture becomes even murkier. However, don't feel too sorry for Buffalo's star quarterback. His earnings portfolio isn't limited to just NFL contracts. Allen's endorsement deals, ranging from national brands to regional partnerships, add millions more to his annual income. He's not just surviving; he's thriving — financially, professionally, and personally. And as for the Bills, their ambitions remain as high as ever. Allen will lead the reigning AFC East champions into a marquee showdown against Lamar Jackson and the Baltimore Ravens in Week 1 of the 2025 season. Scheduled for 'Sunday Night Football,' the game promises a thrilling rematch of last season's nail-biting Divisional Round face-off, where Buffalo escaped with a narrow 27-25 win — thanks, in part, to a dropped two-point conversion attempt by Ravens tight end Mark Andrews in the dying moments. Whether or not Allen pockets all of that $330 million is beside the point now. His leadership, talent, and resilience have cemented his place among the NFL's elite. While taxes may be inevitable, so too is Josh Allen's continued impact on the game — and that's something no dollar figure can fully quantify. Also Read: Josh Allen and Hailee Steinfeld's wedding photo gets a quiet but telling response from the Buffalo Bills
Time of India
11 minutes ago
- Time of India
Aquarius Daily Horoscope Today, June 11, 2025: Let the unknown teach you today
Today's energy invites you to trust the path you cannot see fully yet. There is mystery around you, but don't fear it. The unknown is not always danger—it is discovery. Be curious, not cautious. Things may not go as planned, but they may go even better than expected. When you release the need for full control, the universe shows you what you were missing. Surrender a little today and let life surprise you. The best lessons often come without warning. Aquarius Love Horoscope Today In love, don't over-analyse everything. Let moments unfold naturally. If you're in a relationship, avoid turning every silence into doubt. Instead, observe, stay present, and trust your partner's energy. If you're single, don't rush to define what a connection should be. Someone unexpected may spark interest. The unknown can feel exciting if you let go of assumptions. Love becomes more real when you stop trying to predict and simply experience. Let your heart stay open without needing answers. Aquarius Career Horoscope Today Career matters may feel uncertain now, but this is not a bad sign. A job or role may change, or someone may ask you to take on something new. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Say yes to what you don't fully understand—it could lead to growth. If something is unclear, ask questions with openness, not fear. Innovation and fresh thinking are rewarded today. The universe is pushing you gently toward growth, even if it looks risky. Let curiosity lead, and you may discover your new strength. Aquarius Money Horoscope Today Money matters may have a surprise element today. A sudden expense or unexpected gain is possible. Don't panic—observe and respond with calm. Avoid gambling or unplanned investment. Instead, explore new financial ideas. Read about smart saving or new ways to earn on the side. Trust that you are learning, even though uncertainty. The unknown can be your teacher if you remain grounded. Today's lesson: don't resist change, just learn to flow with it while staying wise and aware. Aquarius Health Horoscope Today Health-wise, today's discomfort may be mental more than physical. Worry about the future can make your body feel heavy or restless. Take deep breaths, drink warm fluids, and stay hydrated. Avoid reading too much news or negative talk. If you feel scattered, take time away from screens. Trust your body's signals. Rest if needed. Your nervous system is asking for quiet. The more you allow space for the unknown, the less stress it brings. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Time of India
12 minutes ago
- Time of India
How can retail investors benefit from gold and silver ETFs?
Prices of both gold and silver rose fast in recent times, leading to high interest from retail investors. Investors can now accumulate both these metals through the mutual fund route. WHAT ARE GOLD AND SILVER ETFs ? HOW CAN AN INVESTOR BUY THEM? Gold and silver ETFs or exchange-traded funds, are vehicles that help investors buy these precious metals and take exposure to them, without the need to physically buy them or store them. The ETFs are traded on the stock exchange like any other stock and their value reflects the performance of the underlying precious metals. Gold and silver ETFs typically invest in gold/silver bullion, gold/silver futures contracts, and they aim to track the price of the precious metal as closely as possible. Investors who do not have demat accounts to buy a gold ETF or find it cumbersome to trade, can buy a gold or silver fund, which invests in a gold or silver ETF. WHAT IS THE ADVANTAGE OF BUYING PRECIOUS METALS THROUGH THE MUTUAL FUND ROUTE? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 Most Beautiful Female Athletes in the World Click Here Undo Buying precious metals through the mutual fund route is beneficial as there is no storage cost, worries of purity, making charges or chances of theft. Buying units of the mutual fund scheme gives you exposure to gold or silver as an asset class and helps you track gold or silver prices at a very low cost. Investors can buy either a gold or silver ETF/fund, or get exposure to gold through a multi-asset fund that buys gold and silver as a part of its portfolio. HOW MANY GOLD AND SILVER ETFs ARE AVAILABLE TO INVESTORS? Live Events There are 20 gold ETFs that manage assets worth Rs 62,124 crore as of May 31, 2025. In the case of silver there are 15 ETFs that manage Rs 15,500 crore. WHAT HAS BEEN THE RETURN THAT GOLD AND SILVER FUNDS HAVE GIVEN? Gold has rewarded investors well over the last decade. In rupee terms, over the last one year, gold funds have returned 30.89%, while silver funds have returned 15.18%. Over longer tenures of three years they have returned 22.05% and 18.29%, respectively. HOW MUCH GOLD AND SILVER SHOULD INVESTORS BUY IN PORTFOLIOS? Gold acts as a portfolio diversifier and acts as a hedge against rising inflation, while silver has industrial usage and is used to make jewellery, coins, photography, electronics and solar panels. Wealth managers believe investors should allocate 10-15% to gold and silver in their portfolios, based on their risk appetite and asset allocation. Investors could stagger their purchases in these precious metals through systematic investment plans (SIPs).
