Latest news with #Rs6.18
Time of India
30-07-2025
- Business
- Time of India
Rs48.34L Unpaid Taxes: NMC To Auction 12 Seized Properties In Lakadganj Zone
Nagpur: In a stern crackdown on chronic property tax defaulters, the Nagpur Municipal Corporation (NMC) seized 12 immovable properties in Lakadganj zone, including a property belonging to Nagpur Improvement Trust, and announced plans to auction them publicly. The action follows non-payment of outstanding dues amounting to Rs48.34 lakh, despite repeated notices and warnings. The seized properties are located in Pardi, Chikhli Devasthan, and parts of Nagpur city. Assistant commissioner of Lakadganj zone, Vijay Thul, confirmed the development and stated that defaulters were given ample time to clear their dues, but they failed to comply. Among the biggest defaulters are Nagpur Improvement Trust, Hindustan Vidya Mandal and AS Viradi Engineering Works (Rs6.18 lakh each), and a group of four Malu brothers (Rs5.36 lakh). Another property owned jointly by four individuals in Gangaram Khungar's name owes over Rs9.75 lakh — the highest on the list. The civic body has set July 31, 2025, as the final deadline for defaulters to settle the dues. If the amount is not paid by then, the properties will be auctioned under Section 45 of Rule 4(1), Chapter 8, Schedule D of the Maharashtra Municipal Corporations Act, 1949. The total outstanding amount, including warrant fees, enforcement charges, and public notice expenses, is pegged at Rs48,34,186. 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 Officials involved in executing the seizures include tax superintendent Roshan Ahire, inspectors Bhushan Motghare, Manish Taywade, Lalappa Khan, and Raj Samratwar, under the guidance of deputy municipal commissioner Milind Meshram. The NMC has also appealed to other property owners in Lakadganj zone to clear their dues by the July 31 deadline to avoid similar action. The civic body's aggressive push comes as part of a broader strategy to recover mounting tax arrears across the city, amid budgetary pressures and increasing demand for civic services. With this auction threat, NMC has signalled a no-tolerance policy for tax evasion, making it clear that habitual defaulters can no longer escape accountability.
Business Recorder
10-06-2025
- Business
- Business Recorder
Rs6.18bn development fund released to PBC in nine months
ISLAMABAD: The Economic Survey 2024–25 stated that development fund worth Rs6.18 billion was released to the Pakistan Broadcasting Corporation (PBC) during the first nine months of the fiscal year, including Rs500 million in additional funds from the Ministry of Information & Broadcasting to meet operational and employee-related expenditures. Simultaneously, the government allocated Rs1.13 billion under the Public Sector Development Programme (PSDP) for technical upgrades of Pakistan Television Corporation (PTV). The Economic Survey also highlighted that the Pakistan Electronic Media Regulatory Authority (PEMRA) deposited Rs2.13 million into the national exchequer during the July–March period of FY2025, down from Rs2.75 million during the same period last year. According to the survey, PTV continues to play a central role in public broadcasting with 100% population coverage through its terrestrial network and a line-up of seven channels, including the country's only English-language news channel, PTV World. As of March 2025, there were over 26 million registered television set holders in Pakistan. Under the PSDP allocation, civil works have been completed for the National Film Production Institute at PTV Academy, while procurement of equipment is ongoing. Meanwhile, the Rs805 million Revamping of PTVC project is aimed at modernizing broadcast systems and improving signal quality. The Economic Survey noted that PBC remained a vital medium for disseminating government policies, creating public awareness, and countering adverse foreign narratives. Through a nationwide network of 80 broadcasting units across 32 locations, Radio Pakistan broadcast special programming during Ramadan, promoted interfaith harmony, and covered events such as International Minority Day, Diwali, Holi, and Christmas in multiple languages. The survey further pointed out that PBC aired extensive coverage of the Kashmir issue, including the week-long Youm-e-Istehsaal-e-Kashmir and dedicated programs on Right to Self-Determination Day and Kashmir Black Day. Development projects under PBC, according to the survey, were progressing across multiple fronts. These included the Saut-ul-Quran FM Network Phase-III (Rs529 million), up-gradation of transmitters in Khuzdar and Quetta (Rs1.54 billion and Rs1.07 billion respectively), rehabilitation of the Khairpur Medium Wave station (Rs878 million), and installation of a 1000kW DRM-enabled transmitter at HPT Rawat (Rs3.85 billion). Copyright Business Recorder, 2025
