Governor
The RBI may issue orders to scrap penalty on pre-payment of all retail and small corporate loans. The central bank disputes the practice of charging pre-payment penalty on any loan since the entire system has moved to floating rates — be it deposits or loans — where rates are charged based on the prevailing markets, [...] Continue Reading »
The Central Bureau of Investigation (CBI) has now moved the Bombay high court for the same relief, Two months after the sessions court threw out its plea to drop charges against former Maharashtra CM Ashok Chavan in the Adarsh housing society scam. There was not much evidence against Chavan though initially while seeking sanction it [...] Continue Reading »
Goa government is making an effort to unlock the land under Special Economic Zone to boost industrial development in the state. Governor B V Wanchoo informed that making adequate land available for industrial development is a huge challenge before the government. He was addressing the state Legislative Assembly session. He said the government is making [...] Continue Reading »
Noida Extension Flat Owner Welfare Association (NEFOWA) writes to governor on non implementation of “UP Apartment Act” in Gautam Budh Nagar district. NEFOWA, an association of flat buyers in Gautam Budh Nagar wrote to UP governor, BL Joshi, demanding his intervention to ensure implementation of the UP Apartment Act in the district. The association voiced [...] Continue Reading »
Governor M K Narayanan mentioned that West Bangal has received industrial investment proposals worth 1.2 lakh crore. He was inaugurating the State Assembly’s budget session on Monday. Total investment ‘implemented and proposed’ in all the sectors in the state was over Rs. 1.4 Lakh crores, he says. He estimates that 3.5 lakh jobs can be [...] Continue Reading »
The much-debated Maharashtra Housing (Regulation and Development) Bill has inched towards implementation as it received a verbal consent to the contents of the bill from governor K Sankarnarayanan. Approved by the state legislature in the monsoon session of the assembly, the bill had been sent to the governor’s office for consideration. Based on a representation [...] Continue Reading »
A sign of relief for property tax payers within a month. Kolkata Municipal Corporation (KMC) has finalised the much awaited property tax waiver scheme to be on February 1, 2012. The civic body has worked day and night to prepare the list of big tax defaulters of the city. A target of around Rs 500 [...] Continue Reading »
