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Maharashtra

Amendment to Section 154 of the Mumbai Municipal Corporation Act, 1888 for collection of property tax, Bill passed in Legislative Assembly and Council

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The Mumbai Legislative Assembly and Legislative Council have approved the amendment to Section 154 of the Mumbai Municipal Corporation Act, 1888 to allow collection of property tax in the Mumbai Municipal Corporation area. This amendment will not increase the tax burden on residential property owners and commercial property owners. This will provide relief to residential and commercial property owners. The assessment of land tax will be done excluding the carpet area index. This will boost various development projects that are stalled and are currently underway. After the approval of this bill, there will be no need to reassess about 10.5 lakh properties across the Mumbai Municipal Corporation area since the year 2010. This will stop the complications and court cases arising due to this. The amendment to Section 154 has paved the way for collection of the remaining 50% tax from the property owners who were paying 50% property tax as per the interim order of the Hon’ble High Court in the year 2014. As a result, the property tax of the Municipal Corporation along with the pending tax of the State Government has been collected and the path of revenue collection will be clear and smooth.

Maharashtra

Mumbai: Fake doctor arrested for cheating Rs 10 crore, used to provide medical services without a certificate, major action by Crime Branch

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Mumbai: Crime Branch has succeeded in arresting a fake doctor who has been practicing medicine without a certificate for the last 28 years. The Mumbai Crime Branch unit was busy in carrying out the investigation and received a tip-off that a suspected 50 year old man had prepared the documents of a fake doctor. By opening accounts in multiple banks, SSR deposits funds into these accounts. The accused also has a personal flat. He has committed a lot of fraud in the name of CSR Fund. He has committed a fraud of Rs 10 crore in the last three years in the name of Dr Dharinder Kumar. PAN card and identity card, visiting card had been prepared and medicines were also recovered from his stash, but the police found him a fraud. A case has been registered under the Medical Act and other charges and the court has ordered to keep him in police custody till July 16. This action Mumbai Police Commissioner Divine Bharti’s name is being helmed by Police Commissioner Anil Kambhare and DDCP Raj Takk Roshan.

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Maharashtra

‘Sack Dharmendra Pradhan, save Sonam Wangchuk’: Shiv Sena(UBT) in ‘Saamana’

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Mumbai, July 13: The Shiv Sena Uddhav Balasaheb Thackeray (UBT) on Monday launched a blistering attack on the Central government over its “callous silence” regarding the rapidly deteriorating health of innovator and activist Sonam Wangchuk.

In a scathing editorial in the party’s mouthpiece ‘Saamana’, the Thackeray faction demanded the immediate resignation of Union Education Minister Dharmendra Pradhan over the massive NEET-UG examination scam and called for a nationwide youth mobilisation at Jantar Mantar. Wangchuk, affectionately called the “son of the Himalayas”, has been on an indefinite hunger strike at Delhi’s Jantar Mantar for 15 days, lending his moral weight to the ongoing student agitation.

The editorial painted a grim picture of the activist’s physical condition, warning that the government’s inaction is putting a national treasure at risk. ‘’His body is emaciated, his breathing is laboured, and his voice has grown faint. Yet, PM Modi continues to shield his inactive, incompetent Education Minister, Dharmendra Pradhan. Sonam Wangchuk’s life must be protected at all costs.”

The editorial emphasised that Wangchuk’s agitation is entirely noble, driven strictly by the welfare of India’s student community rather than personal greed or political ambition. It aggressively questioned why the Prime Minister has failed to engage in basic democratic dialogue, noting that while Wangchuk starved, PM Modi was busy touring four to five countries and collecting foreign honours.

At the heart of Wangchuk’s fast and the Uddhav camp’s fury is the National Eligibility cum Entrance Test (NEET) crisis, which has seen repeated question paper leaks and arbitrary cancellations, throwing the futures of millions of medical aspirants into absolute chaos, said the editorial.

The Thackeray camp alleged that competitive exams have been reduced to a “horse-trading market” where question papers are openly auctioned for millions of rupees. Investigations into the paper leaks have exposed close ties between the accused orchestrators and the “BJP family”. The editorial slammed the government’s “bizarre and extreme” proposal to put the military and the Air Force in charge of securing future exam papers instead of fixing internal institutional rot.

According to the editorial, Pradhan, by appointing corrupt Vice-Chancellors to prestigious universities, “effectively destroyed” India’s higher education framework. “Dharmendra Pradhan is no titan of education,” the editorial remarked sharply. “He completely lacks the visionary leadership of his illustrious predecessors like Dr Sarvepalli Radhakrishnan, Maulana Abul Kalam Azad, P.V. Narasimha Rao, or Arjun Singh,” it remarked.

Drawing a sharp historical parallel, the Uddhav Thackeray-led Shiv Sena called out the ruling Bharatiya Janata Party (BJP) for its deep ideological double standards.

It recalled the 2011 anti-corruption movement when veteran activist Anna Hazare went on an 11-day hunger strike at Ramlila Maidan for the Jan Lokpal Bill under the Dr Manmohan Singh-led UPA government. At the time, the Manmohan Singh administration proactively sent multiple Union Ministers and emissaries to engage with Hazare, sustain open communication, and iron out solutions.

“Back then, the BJP actively supported Anna’s movement, loudly labelling it as ‘public outrage’ and the ‘voice of the people’. Today, sitting comfortably in power, they dismiss Wangchuk’s genuine, student-led protest as a ‘political conspiracy’. This is nothing but pure hypocrisy,” stated the editorial.

Reminding the ruling dispensation of its political roots, the editorial pointed out that it was the unified force of India’s youth that originally propelled Narendra Modi to power 12 years ago, sparked by his strategic campaign address to students at Ferguson College and his highly publicised Pariksha Pe Charcha programmes.

“Today, the integrity of those very exams has been thoroughly decimated, yet the Prime Minister refuses to even discuss it,” the editorial noted.

The Thackeray camp concluded with an urgent appeal to the nation’s conscience, invoking the spirit of veteran activists and urging the public to transform Wangchuk’s solitary fast into a mass movement. “If Anna Hazare’s spirit is alive, he must stand by Wangchuk in Delhi. The opposition must mobilise at Jantar Mantar, and the youth of this nation — for whose very future Wangchuk is risking his life — must awaken from their slumber. Chanting ‘Jai Hind’, young citizens need to hit the streets, break their silence, and hold this government accountable. Let Sonam Wangchuk’s fight become India’s collective struggle!”

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Business

Top 10 firms add nearly Rs 93,000 crore in market value last week

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Mumbai, July 12: The combined market valuation of four of India’s 10 most-valued companies increased by Rs 92,995.48 crore during the last week, with HDFC Bank and Bharti Airtel emerging as the biggest gainers, even as the broader equity market ended lower.

During the week, the Sensex declined 194.52 points, or 0.25 per cent, while the Nifty slipped 63.95 points, or 0.26 per cent.

Among the country’s 10 most-valued companies, Reliance Industries, HDFC Bank, Bharti Airtel, and Life Insurance Corporation of India (LIC) registered gains in their market capitalisation.

In contrast, ICICI Bank, State Bank of India (SBI), Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro (L&T), and Hindustan Unilever together witnessed an erosion of Rs 49,294.13 crore in their market valuation.

HDFC Bank recorded the largest increase in market capitalisation during the week, with its valuation rising by Rs 35,808.09 crore to Rs 12,69,454.42 crore.

Bharti Airtel followed closely, adding Rs 34,896.92 crore to take its market valuation to Rs 11,98,774.22 crore.

LIC’s market capitalisation rose by Rs 16,065.5 crore to Rs 5,60,205.05 crore, while Reliance Industries added Rs 6,224.97 crore, taking its valuation to Rs 17,71,206.33 crore.

On the losing side, Hindustan Unilever registered the steepest decline, with its market capitalisation falling by Rs 12,088.65 crore to Rs 5,04,997.65 crore.

Larsen & Toubro’s valuation declined by Rs 11,040.23 crore to Rs 5,42,938.40 crore, while TCS lost Rs 8,574.87 crore in market value, ending the week at Rs 7,48,600.40 crore.

Bajaj Finance saw its market capitalisation shrink by Rs 7,813.58 crore to Rs 6,35,327.78 crore. ICICI Bank’s valuation slipped by Rs 6,315.32 crore to Rs 10,05,379.71 crore, while SBI’s market value declined by Rs 3,461.48 crore to Rs 9,56,430.44 crore.

Despite the mixed performance, Reliance Industries retained its position as India’s most-valued company by market capitalisation. It was followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, LIC, Larsen & Toubro and Hindustan Unilever.

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