Finance Minister P
Chidambaram flanked by MoS Pawan Kumar
Bansal (L) and SS Palanimanickam (R)
entering Parliament House to present the
General Budget for the year of 2008-2009,
in New Delhi on Friday. (UNI)
Election budget
writes off farmers’
loans, raises IT
exemption
Defence
budget crosses Rs 1 lakh crore mark
Sixth Pay Commission to submit report
by March
Rs 16,000 crore for NREGA, Rs 2000 cr for
minorities welfare
NEW DELHI, Feb 29: In an election
budget that gives largesse to different
sections, Finance Minister P Chidambaram
today announced a waiver of agricultural
loans to the tune of Rs 60,000 crore,
raised the income tax exemption threshold
to Rs 1,50,000 and slashed customs and
excise duties on variety of goods......more
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AE’s
4 houses raided
Vigilance
suspects leakage of info
By Sanjeev
Pargal
JAMMU,
Feb 29:
Conducting its third
operation against
corruption in less than a
week, the State Vigilance
Organisation (SVO) today
found that either the
information about raid on
the house of an Assistant
Engineer had been leaked
or he had alerted himself
from two previous raids,
a result of which the
anti-corruption sleuths
couldn’t lay hands
on most of the documents
which, according to their
information, should have
been in the house of the
official.....more
Immigration
clearance denied to a tax
defaulter
893 IT
evasion cases unearthed
in Valley
By Mohinder
Verma
JAMMU,
Feb 29:
The Income Tax
Department’s first
ever initiative to
compare data-base of the
traders available with
the Commercial Taxes
Department is all set to
tighten the noose around
the ‘habitual’
tax evadors in the State
with the Department
unearthing around 893
cases of tax evasion in
Kashmir division.....more
Major
setback to HM in south
Kashmir
4
militants killed in
Shopian
From Ahmed
Ali Fayyaz
SRINAGAR,
Feb 29: In
a major setback to Hizbul
Mujahideen in south
Kashmir, Police and Army
have killed four Kashmiri
militants in an overnight
gunbattle at Saidpora in
Shopian district. ....more
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No more
stagnation in police: DGP
Excelsior
Correspondent
JAMMU, Feb 29: Assuring
reformation and making police
more efficient in the State,
Director General of Police
Kuldeep Khoda today said there
would be no more
"stagnation" in the
police department and backlogs
would be cleared soon. .....more
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Highlights of
budget
*Rs
60,000 crore Agricultural Debt
Relief Package; complete loan
waiver for small and marginal
farmers: 4 crore farmers to
benefit. *Rs 2,80,000 crore
target set for Farm credit in
2008-09, short term croploan to
continue at 7 per cent interest.....more
Will budget bring
early polls?
NEW DELHI, Feb
29: A populist
budget providing for a massive
farm loan waiver, income tax sops
across the board and no
additional burden on the
corporate sector today prompted
widespread speculation that Lok
Sabha polls may be held before
the end of the year, probably by
October or November. .....more
‘Barati’
murdered, 5 arrested
Excelsior
Correspondent
JAMMU, Feb 29: A
youth was murdered in a clash
between two groups of a marriage
party (baratis) at village
Kangrail, Manwal under the
jurisdiction of Jhajjar Kotli
police station last night......more
Two
Indo-Pak smugglers held
FEROZEPUR,
Feb 29: Police
got a shot in the arm
today with arrest of two
wanted Indo-Pakistan
smugglers and recovery of
huge consignment of
heroin worth Rs 25 crores
in international market,
which was being smuggled
inside Indian territory.
....more
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