Latest news with #Rs259
Time of India
06-05-2025
- Politics
- Time of India
Special cabinet meet in Ahilyadevi's birthplace clears Rs5,500 crore for temples' restoration
Pune: Projects worth over Rs5,500 crore — mostly for renovation and restoration of holy places like Tulja Bhavani, Jyotiba, Trimbakeshwar and Mahalakshmi temples — were cleared from the special cabinet held on Tuesday at the Maratha warrior queen Ahilyadevi Holkar 's birthplace, Chondi village in Ahilyanagar district, on the occasion of her tricentenary birth govt approved Rs681 crore for the conservation and renovation of the Ahilyadevi Holkar memorial in Chondi. "The cabinet meeting in Chondi is an initiative of state govt to honour the contribution of Ahilyadevi Holkar. The govt will take several initiatives throughout the tricentenary year. Her memorial will be renovated in such a manner that several generations will derive inspiration from it," Fadnavis said after the cabinet cabinet also approved the development plans for various temples, pending for some time. It includes Rs1,865 crore for Tulja Bhavani temple, Rs259 crore for Jyotiba temple, Rs275 crore for Trimbakeshwar temple, Rs1,445 crore for Mahalakshmi temple, Rs829 crore for Mahurgad holy place and Rs147 crore for the renovation of all Ashtavinayak Ganapati said, "Ahilyadevi made efforts to restore the temples destroyed by invaders. Taking inspiration from her, our govt is attempting to renovate temples in the state and that is why the cabinet approved projects worth Rs5,503 crore for restoration and renovation of temples (and Ahilyadevi Holkar memorial)," Fadnavis the first time ever, a special cabinet was held in a rural part of the state on Tuesday. Along with the cabinet ministers, bureaucrats and govt departments' officials travelled to Chondi village. Chief minister Fadnavis, both the deputy chief ministers Eknath Shinde and Ajit Pawar, along with other cabinet ministers, visited the Ahilyadevi Holkar memorial before the cabinet meeting and paid tribute to chief minister announced a new govt medical college would be set up in Ahilyanagar and named after Ahilyadevi. He said, "Our govt has announced the setting up of at least one govt medical college in each district. In the last tenure of Mahayuti, we could set up 10 colleges in two-and-a-half years. Only Ahilyanagar district was left without a medical college. Today (Tuesday), we have given approval for the college in the district."The cabinet also decided to provide education to 10,000 students from the Dhangar community under the Yashwant Vidyarthi scheme in reputed schools. "The govt has decided to set up one hostel each for boys and girls from the Dhangar community in every division of the state. In the first phase, these hostels will be set up in Pune and Nagpur," the chief minister added.
Time of India
06-05-2025
- Politics
- Time of India
Special cabinet in Ahilyadevi's birthplace clears Rs5,500 crore for temples' restoration
Pune: Projects worth over Rs5,500 crore — mostly for renovation and restoration of holy places like Tulja Bhavani, Jyotiba, Trimbakeshwar and Mahalakshmi temples — were cleared from the special cabinet held on Tuesday at the Maratha warrior queen Ahilyadevi Holkar 's birthplace, Chondi village in Ahilyanagar district, on the occasion of her tricentenary birth year. Tired of too many ads? go ad free now The govt approved Rs681 crore for the conservation and renovation of the Ahilyadevi Holkar memorial in Chondi. "The cabinet meeting in Chondi is an initiative of state govt to honour the contribution of Ahilyadevi Holkar. The govt will take several initiatives throughout the tricentenary year. Her memorial will be renovated in such a manner that several generations will derive inspiration from it," Fadnavis said after the cabinet meeting. The cabinet also approved the development plans for various temples, pending for some time. It includes Rs1,865 crore for Tulja Bhavani temple, Rs259 crore for Jyotiba temple, Rs275 crore for Trimbakeshwar temple, Rs1,445 crore for Mahalakshmi temple, Rs829 crore for Mahurgad holy place and Rs147 crore for the renovation of all Ashtavinayak Ganapati temples. Fadnavis said, "Ahilyadevi made efforts to restore the temples destroyed by invaders. Taking inspiration from her, our govt is attempting to renovate temples in the state and that is why the cabinet approved projects worth Rs5,503 crore for restoration and renovation of temples (and Ahilyadevi Holkar memorial)," Fadnavis said. For the first time ever, a special cabinet was held in a rural part of the state on Tuesday. Along with the cabinet ministers, bureaucrats and govt departments' officials travelled to Chondi village. Tired of too many ads? go ad free now Chief minister Fadnavis, both the deputy chief ministers Eknath Shinde and Ajit Pawar, along with other cabinet ministers, visited the Ahilyadevi Holkar memorial before the cabinet meeting and paid tribute to her. The chief minister announced a new govt medical college would be set up in Ahilyanagar and named after Ahilyadevi. He said, "Our govt has announced the setting up of at least one govt medical college in each district. In the last tenure of Mahayuti, we could set up 10 colleges in two-and-a-half years. Only Ahilyanagar district was left without a medical college. Today (Tuesday), we have given approval for the college in the district." The cabinet also decided to provide education to 10,000 students from the Dhangar community under the Yashwant Vidyarthi scheme in reputed schools. "The govt has decided to set up one hostel each for boys and girls from the Dhangar community in every division of the state. In the first phase, these hostels will be set up in Pune and Nagpur," the chief minister added.
Time of India
26-04-2025
- Business
- Time of India
Nagpur civic body collects Rs 259 crore property tax in FY25
NAGPUR : Out of 6.30 lakh property owners across the city only 4.26 lakh have paid the property tax for the year 2024-25. The Nagpur Municipal Corporation (NMC) collected a total of Rs259 crore in property tax, excluding the payments received from state and central govt departments, which add up to another Rs50 crore. Over 1.41 lakh property owners, roughly 33% of those who paid their property tax dues, opted for online payments. These 33% online taxpayers paid a total Rs88.41 crore while availing rebates worth Rs11.58 crore under the NMC's 15% and 10% discount schemes. The remaining 2.84 lakh taxpayers paid through offline modes, contributing a significantly higher Rs170.93 crore and availing Rs25.78 crore in rebates under 10% and 5% concession slabs. Among the zones, Laxmi Nagar recorded the highest number of online taxpayers at 28,103, generating Rs11.18 crore. Mangalwari followed with Rs9.11 crore from 17,606 properties. Dharampeth and Hanuman Nagar also recorded high online payments, collecting Rs7.22 crore and Rs7.27 crore, respectively. On the lower end, Satranjipura had just 3,980 online taxpayers, generating Rs1.19 crore. The offline mode, however, remained dominant. Hanuman Nagar had 42,249 offline taxpayers contributing Rs9.34 crore, while Nehru Nagar and Lakadganj each drew close to Rs9.5 crore and Rs9.12 crore, respectively. Mangalwari again ranked high, with Rs10.76 crore from 29,598 offline property owners. The preference for offline payment suggests a persistent digital gap, despite the corporation offering higher rebates for online transactions. The Rs88.41 crore collected online shows that tech-savvy property owners are gradually embracing the convenience of digital platforms, but a large majority still depends on physical visits to tax counters. NMC's property tax department introduced differential rebate slabs to incentivise early and digital payments this year. The 15% rebate for online payments, introduced to ease citizen interface and reduce queueing at NMC offices, attracted over one lakh taxpayers but hasn't yet tipped the scale in favour of digital. The civic body now faces the challenge of improving digital outreach while ensuring that the remaining two lakh property owners clear their dues to meet annual revenue targets. With property tax being a crucial non-grant revenue stream for the cash-strapped NMC, ensuring wider compliance and smoother payment systems remains a top priority.
Time of India
25-04-2025
- Business
- Time of India
NMC earns over Rs259 crore in property tax, 33% pay dues online
Nagpur: Out of 6.30 lakh property owners across the city only 4.26 lakh have paid the property tax for the year 2024-25. The Nagpur Municipal Corporation (NMC) collected a total of Rs259 crore in property tax, excluding the payments received from state and central govt departments, which add up to another Rs50 crore. Over 1.41 lakh property owners, roughly 33% of those who paid their property tax dues, opted for online payments. These 33% online taxpayers paid a total Rs88.41 crore while availing rebates worth Rs11.58 crore under the NMC's 15% and 10% discount schemes. The remaining 2.84 lakh taxpayers paid through offline modes, contributing a significantly higher Rs170.93 crore and availing Rs25.78 crore in rebates under 10% and 5% concession slabs. Among the zones, Laxmi Nagar recorded the highest number of online taxpayers at 28,103, generating Rs11.18 crore. Mangalwari followed with Rs9.11 crore from 17,606 properties. Dharampeth and Hanuman Nagar also recorded high online payments, collecting Rs7.22 crore and Rs7.27 crore, respectively. On the lower end, Satranjipura had just 3,980 online taxpayers, generating Rs1.19 crore. The offline mode, however, remained dominant. Hanuman Nagar had 42,249 offline taxpayers contributing Rs9.34 crore, while Nehru Nagar and Lakadganj each drew close to Rs9.5 crore and Rs9.12 crore, respectively. Mangalwari again ranked high, with Rs10.76 crore from 29,598 offline property owners. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo The preference for offline payment suggests a persistent digital gap, despite the corporation offering higher rebates for online transactions. The Rs88.41 crore collected online shows that tech-savvy property owners are gradually embracing the convenience of digital platforms, but a large majority still depends on physical visits to tax counters. NMC's property tax department introduced differential rebate slabs to incentivise early and digital payments this year. The 15% rebate for online payments, introduced to ease citizen interface and reduce queueing at NMC offices, attracted over one lakh taxpayers but hasn't yet tipped the scale in favour of digital. The civic body now faces the challenge of improving digital outreach while ensuring that the remaining two lakh property owners clear their dues to meet annual revenue targets. With property tax being a crucial non-grant revenue stream for the cash-strapped NMC, ensuring wider compliance and smoother payment systems remains a top priority.
Express Tribune
17-02-2025
- Business
- Express Tribune
Gold prices soar Rs1,700/tola
KARACHI: Gold prices rose on Monday, following an increase in international markets. In the local market, the price of gold per tola went up Rs1,700 to Rs303,200. Similarly, the price of 10-gram gold increased Rs1,458 to Rs259,945, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). The rise comes after a notable decline on Saturday, when gold dropped Rs4,700 to Rs301,500 per tola. In the global market, gold prices climbed. APSGJA reported that the international gold rate reached $2,900 per ounce (including a $20 premium), marking a $17 increase in a single day. The surge was primarily driven by the global economic uncertainty and shifting investor sentiment. According to APSGJA President Mohammad Qasim Shikarpuri, market fluctuations are heavily influenced by geopolitical tensions and economic policies. "Trump's threats are leading the market into a state of fear." He noted that frequent policy changes, especially in tariff regulations, led investors worldwide to shift their investment to gold as they viewed it as a stable store of value. China's increasing demand for gold, particularly its interest in non-dollar transactions, also contributed to the rising prices. Furthermore, political uncertainty, such as developments in Gaza and other international issues, continued to fuel market volatility. Shikarpuri emphasised that gold prices were expected to remain high as long as economic and geopolitical instability persisted. However, if global policy directions became more stable and positive, gold prices could register a correction. Locally, soaring gold prices have made it difficult for the general public to purchase the metal, with investment activity dominating the market. In Pakistan and globally, investors are turning to gold as a hedge against inflation and economic downturn, given its liquidity and reliability. For now, gold remains the preferred asset for investors seeking financial security amid economic turmoil. "However, a massive correction is long overdue," he said, adding that future price trends would depend on international economic policies and geopolitical developments. Meanwhile, the Pakistani rupee weakened 0.16% against the US dollar in the inter-bank market. By the end of Monday's trading, the rupee stood at 279.67, marking a depreciation of six paisa against the dollar. In the previous week, the rupee had also lost value, falling 16 paisa, or 0.06%, in the inter-bank market. It had closed at 279.21 compared to 279.05 a week earlier, according to the State Bank of Pakistan. On the global front, the Japanese yen strengthened, supported by better-than-expected GDP data.
