Latest news with #JatinPatel
Time of India
27-07-2025
- Time of India
Rs 1.8 lakh stolen from shop in Ghatlodia
Ahmedabad: A theft of Rs 1.8 lakh was reported from a sports equipment shop located in Vraj Valencia Complex in the Sola area. Sejal Patel, 30, a resident of Ganeshdham Bungalows, Ghatlodia, stated in her FIR with Sola police that her shop, 'Sun Sports and Fitness', is managed by her husband, Jatin Patel, and an employee named Piyush Rabari. Her husband was abroad for five days. On Saturday morning, she received a call from Jatin informing her that a theft occurred at the shop. Piyush, who locked the shop the previous night around 9.30pm, was alerted by a cleaner the next morning that one shutter lock was broken. On checking, they found that Rs 1.80 lakh cash from the counter was missing. Sola police registered an FIR of theft and criminal trespassing under the Bharatiya Nyaya Sanhita and began reviewing the CCTV footage for further clues.
Winnipeg Free Press
17-06-2025
- General
- Winnipeg Free Press
Regina man was aboard Air India flight that crashed after takeoff, friend says
REGINA – A Regina father is believed to have been killed on an Air India flight that crashed shortly after takeoff last week. Piyushkumar Patel was on board the London-bound flight that crashed in northwestern India last week, killing at least 270 people. Jatin Patel says his friend's wife and daughters have left for India to provide DNA samples to match his remains. He says Piyushkumar Patel moved to Regina last year with his family after getting a job in the city. Jatin Patel says the father of two travelled to India in May to visit his parents before taking a flight to London so he could see friends. He says he's fundraising money to help the man's wife with expenses while she's away. This report by The Canadian Press was first published June 17, 2025.
Toronto Star
17-06-2025
- Toronto Star
Regina man was aboard Air India flight that crashed after takeoff, friend says
REGINA - A Regina father is believed to have been killed on an Air India flight that crashed shortly after takeoff last week. Piyushkumar Patel was on board the London-bound flight that crashed in northwestern India last week, killing at least 270 people. Jatin Patel says his friend's wife and daughters have left for India to provide DNA samples to match his remains. ARTICLE CONTINUES BELOW He says Piyushkumar Patel moved to Regina last year with his family after getting a job in the city. Jatin Patel says the father of two travelled to India in May to visit his parents before taking a flight to London so he could see friends. He says he's fundraising money to help the man's wife with expenses while she's away. This report by The Canadian Press was first published June 17, 2025.
Yahoo
21-04-2025
- Business
- Yahoo
Cost of moving rockets after surge in stamp duty
The cost of moving house has jumped by 45pc in the past five years and is set to spiral further following an increase in stamp duty this month. Taxes, fees and surveys cost the average homebuyer in the past year £13,530, according to Barclays, up from £9,337 before the pandemic. It comes as the stamp duty discount expired at the end of March, cutting the threshold at which movers pay the tax from £250,000 to £125,000. First-time buyers now pay the levy on homes costing more than £300,000, not £425,000 as before. It means a typical first-time buyer in London will have to pay almost £7,000 more in stamp duty than they did a month ago. The number of mortgage completions jumped by 50pc in March compared to the same month a year ago, Barclays said, as buyers raced to make their purchases before the higher tax rate kicked in. Stamp duty raked in an estimated £13.5bn for the Exchequer in the last financial year, and the Office for Budget Responsibility expects the annual haul to rise to £24.5bn by the end of the decade. The extent of the tax – which costs £5,000 on the purchase of a £300,000 home, rising to £15,000 for a property worth £500,000, and £43,700 for anyone buying a £1m house as their only property – is so severe that a quarter of homeowners say it is the main barrier to moving. That share rises to 40pc for buyers in Generation Z, those born in or after the mid to late 1990s. Changing rules on taxes mean that one third of homeowners do not know how much stamp duty they would have to pay if moving, the bank found. Meanwhile 40pc are unaware of the cost of legal fees. Council tax and energy bills are also rising, as are rents and the interest payments on mortgages for those refinancing on to higher rates from fixes obtained before borrowing costs shot up during the cost of living crisis. Three quarters of those surveyed said their housing costs were rising. Rising taxes are among the factors hammering sentiment in the economy, with confidence in household finances declining and 40pc of households adjusting their monthly spending to cope with housing costs, Barclays said. Jatin Patel, of Barclays, said: 'For existing homeowners and renters the shift in sentiment reflects the cautiousness felt across the economy as a whole, as consumers are concerned about rising bills and the prospect of global tariffs impacting their wallets. 'Housing consumes a significant portion of income, particularly for renters. 'With four in 10 adjusting their spending to meet their housing costs, it's clear that the financial pressures of maintaining a home are intensifying at a time where people face a delicate balance between their essential spending and long-term financial goals.' A Treasury spokesman said: 'We are taking decisive action to deliver 1.5m homes as part of our Plan for Change, including a £2bn boost to the Affordable Homes Programme and introducing a permanent and comprehensive mortgage guarantee to support families into safe and decent homes.' Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.
Telegraph
21-04-2025
- Business
- Telegraph
Cost of moving rockets after surge in stamp duty
The cost of moving house has jumped by 45pc in the past five years and is set to spiral further following an increase in stamp duty this month. Taxes, fees and surveys cost the average homebuyer in the past year £13,530, according to Barclays, up from £9,337 before the pandemic. It comes as the stamp duty discount expired at the end of March, cutting the threshold at which movers pay the tax from £250,000 to £125,000. First-time buyers now pay the levy on homes costing more than £300,000, not £425,000 as before. It means a typical first-time buyer in London will have to pay almost £7,000 more in stamp duty than they did a month ago. The number of mortgage completions jumped by 50pc in March compared to the same month a year ago, Barclays said, as buyers raced to make their purchases before the higher tax rate kicked in. Stamp duty raked in an estimated £13.5bn for the Exchequer in the last financial year, and the Office for Budget Responsibility expects the annual haul to rise to £24.5bn by the end of the decade. The extent of the tax – which costs £5,000 on the purchase of a £300,000 home, rising to £15,000 for a property worth £500,000, and £43,700 for anyone buying a £1m house as their only property – is so severe that a quarter of homeowners say it is the main barrier to moving. That share rises to 40pc for buyers in Generation Z, those born in or after the mid to late 1990s. Changing rules on taxes mean that one third of homeowners do not know how much stamp duty they would have to pay if moving, the bank found. Meanwhile 40pc are unaware of the cost of legal fees. Council tax and energy bills are also rising, as are rents and the interest payments on mortgages for those refinancing on to higher rates from fixes obtained before borrowing costs shot up during the cost of living crisis. Three quarters of those surveyed said their housing costs were rising. Rising taxes are among the factors hammering sentiment in the economy, with confidence in household finances declining and 40pc of households adjusting their monthly spending to cope with housing costs, Barclays said. Jatin Patel, of Barclays, said: 'For existing homeowners and renters the shift in sentiment reflects the cautiousness felt across the economy as a whole, as consumers are concerned about rising bills and the prospect of global tariffs impacting their wallets. 'Housing consumes a significant portion of income, particularly for renters. 'With four in 10 adjusting their spending to meet their housing costs, it's clear that the financial pressures of maintaining a home are intensifying at a time where people face a delicate balance between their essential spending and long-term financial goals.' A Treasury spokesman said: 'We are taking decisive action to deliver 1.5m homes as part of our Plan for Change, including a £2bn boost to the Affordable Homes Programme and introducing a permanent and comprehensive mortgage guarantee to support families into safe and decent homes.'
