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Cabinet clears Rs 10,000 crore SME fund, new transport authority; hails PM Modi’s 25 years in public life

Union Minister for [Information and Broadcasting, Ashwini Vaishnaw announcing the recent cabinet decisions The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved a series of measures spanning support for small and medium enterprises, integrated transport planning and logistics, and a resolution marking PM Modi’s completion of 25 years of continuous public service.The...
sikkim rail connectvity

Sikkim to get train connectivity for first time as 44.5-km Sivok-Rangpo project reaches 75% progress, to be completed by December 2027; railways fast-tracks Rs 9,000 crore Gangtok rail link as well

Indian Railways is working towards finishing the long-delayed Sivok-Rangpo railway project by December 2027. (Image for representative purpose only) Sikkim is moving closer to being on the railway map and now Indian Railways is stepping up efforts to bring Sikkim’s capital Gangtok onto the railway network by prioritising a proposed 34-km rail link between Rangpo...
transfer of property

Man enters JDA for land, gets 6 flats from builder and transfers 5 to wife, but gets tax notice; ITAT Delhi deletes Rs 4.14 crore additions after finding no stock-in-trade conversion or sale

The second addition arose after the man transferred five of the six flats to his wife through sale deeds in 2020. (Image for representative purpose only) You enter into an agreement with a builder for your land and later transfer five flats from it to your wife. Is a capital gains tax applicable?In one such...
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