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Bombay high cour MUMBAI: Observing that the owner of a prime plot near Siddhivinayak temple in Dadar did nothing for 40 years, Bombay high court upheld its acquisition by the state under a slum rehabilitation scheme. “The petitioner could have, as he claims to be its owner, taken steps for improvement in living conditions of […]
A notification from the income tax department has exempted annuities and extended the scheme to the lifetime of a borrower. The core issue,however,is that the scheme has not taken off. The income tax department on October 22,notified that annuity payments to the senior citizens availing of the reverse mortgage scheme (RMS) would not be taxed.
Reverse mortgage to attract no tax Read More »
NEW DELHI: A Delhi court has dismissed the bail plea of one of the directors of Amrapali group, Ajay Kumar, in a multi-crore scam case involving alleged cheating of investors and homebuyers, saying the allegations fall within the category of economic offences that are committed in a “pre-planned” manner. Additional sessions judge Surabhi Sharma Vats
Indian property firms,including DLF Ltd,are gearing up to sell the countrys first bonds backed by rental income from their office buildings and shopping malls. The bonds would open a new source of capital for a commercial property sector weighed down by $22 billion of bank debt and sluggish rentals,and come on the heels of new
Developers to bring out asset-backed realty bonds Read More »
CHENNAI: Tamil Nadu minister for commercial taxes and registration P Moorthy conducted a review meeting with the registration officials to discuss the avenues to boost revenue through property registrations after the second wave of Covid-19. Land registrations had been affected for four months during the first wave of Covid-19 last year. During the meeting, stress
QUITO: Ecuador confirmed on Tuesday that a giant tortoise found in 2019 in the Galapagos Islands is a species considered extinct a century ago. The Galapagos National Park is preparing an expedition to search for more of the giant tortoises in an attempt to save the species. The turtle was found two years ago on
After waiting for more than seven years, John Abraham, a veterinary-doctor-turned-inventor, has finally received the patents for inventing biodiesel from slaughtered chicken waste that offers mileage of over 38 km a litre at around 40 per cent of the current price of diesel and lowers pollution by half. After seven-and-a-half years, the Indian Patent Office
Kerala vet doc gets patent for biodiesel from chicken waste Read More »
An Olympic medallist’s wish is anybody’s command. Domino’s Pizza has pledged free pizza for life to India’s silver medallist Saikhom Mirabai Chanu, after the champion said she wished to eat pizza after her feat at the Tokyo Olympics. The chain on Saturday also delivered pizzas to her family to celebrate Chanu winning the silver medal
Domino’s to offer free pizza to Olympic medallist Mirabai Chanu Read More »
While a large number of people now have immunity against coronavirus due to previous infections or vaccination, a guarded approach is needed in terms of implementing restrictive measures to avoid a second wave-like crisis, experts said. Dr Yudhyavir Singh, who has been managing the COVID-19 ICU at AIIMS New Delhi, said it is important to
Many now have immunity against COVID-19 but don’t lower guard say experts Read More »
There has been a 73 per cent increase in healthcare facilities in tribal areas between 2005 and 2020 as compared to a 10 per cent increase across the country, according to government data. The number of sub health centres (SHC) in tribal areas increased by 78 per cent, from 16,748 in 2005 to 29,745 in
73 pc rise in healthcare facilities in tribal areas between 2005 and 2020: Govt data Read More »
Domino’s Pizza has joined hands with RattanIndia-backed EV maker Revolt Motors to convert its current petrol bike fleet into e-bikes. As part of the partnership, Domino’s will procure the entire existing inventory of Revolt’s RV300 bike model and will progressively acquire its customised Revolt model to transform its fleet, the company said in a statement