The Prime Minister Shri Narendra Modi inaugurates of Chenani-Nashri tunnel in Jammu and Kashmir

                                                 The First India Longest Tunnel

The Prime Minister Shri Narendra Modi Yesterday (02.04.2017) inaugurated South Asia’s longest road tunnel which will connect the 9.2 km stretch from Chenani to Nashri in Jammu and Kashmir. The tunnel is one of the most technologically advanced and is all set to give a massive push to country’s economy. It is India’s first and the world’s sixth tunnel which has a transverse ventilation system. The tunnel apart from reducing travel time by 2 hours will also protect tarvellers from dangers of land and snow slides. The tunnel would be unmanned and would be controlled externally. According to reports, BSNL, Airtel and Idea have equipped the tunnel to ensure signals for cell phone connectivity 24/7. SOS boxes have also been installed every 150 m for passengers with basic first aid kit and medicines. 124 cameras have been installed in the tunnel for proper surveillance.
The tunnel is a part of NHAI’s project between Srinagar and Jammu along with National Highway 44 and cost Rs 3,720 crore. The tunnel was built in less than 6 years and is expected to bring down the travel time between Chenani and Nashri by two hours. The tunnel is expected to save fuel worth Rs 27 lakh per day. Speaking after the inauguration, Shri Nitin Gadkari promised Rs 60,000 crore road infrastructure projects in the next two years. Shri Gadkari said that the tunnel will create job opportunities for unemployed youth in the valley and will give a boost to the economy. After the inauguration, Jammu and Kashmir Chief Minister Smt.Mehbooba Mufti thanked The Prime Minister Shri Narendra Modi and said that the tunnel will bridge distances, be it in travel or be it between people.

 As India’s longest road tunnel and Asia’s longest bi-directional highway tunnel, it traverses a distance of 9.2 km connecting Chenani in Udhampur district with Nashri in Ramban district. The Ministry of Road transport says the tunnel is a part of the 286 km long 4-laning of Jammu-Srinagar National Highway (NHAI).

Price increased of cigaretes and Paan Masala on 1st April'2017

As Per Price Revised of Excise duty raised on cigarettes & Pan Masala by up to 6%, duty on chewing tobacco doubled as per applied of GST.

Like every year, the taxman has given special attention to tobacco products in this year’s Union budget proposals.
In his budget speech, The  Union finance minister Shri Arun Jaitley on Wednesday proposed to hike excise duty on all tobacco products, including bidi etc.. This is the first budget where Jaitley has increased basic excise duty on handmade bidi by 33% and on machine-made by 2.7 times, contrary to three of his previous budgets when the finance minister had left bidi, which is considered small-scale industry, untouched.
The proposed excise duty hike is below the estimates of equity analysts. Analysts had expected the duty increase to be around 10%. Budget has given a positive surprise with mere 6% in excise duty on cigaretes against expectations hovering between 8% and 10%. “This is the lowest hike in past six years,” said Abneesh Roy, analyst with Edelweiss Securities Ltd.
While excise on various lengths of cigarettes has been increased by 2.5% to 6%, for paan masala, it has been increased from 6% to 9% and unmanufactured tobacco from 4.2% to 8.3%. For other tobacco products like chewing tobacco, jarda-scented tobacco and gutkha, Jaitley proposed to double the excise from 6% to 12%. For hand-made bidis, the finance minister proposed to hike basic excise duty from Rs21 per 1,000 to Rs28 per 1,000, and for machine-made bidi Jaitley increased the basic excise duty to Rs78 per 1,000 from Rs21 per 1,000.
Since July 2014, when Jaitley presented the National Democratic Alliance government’s first budget, taxes on cigarettes have increased substantially.

Deadline of 30th December 2016 for Depositing old Rs 500 & Rs 1,000 notes.

Hurry up for All Indian Peoples for depositing of old Rs.500 & Rs.1000 notes on before 30th December 2016.The government has no plan to extend the deadline of December 30 for depositing old notes of Rs 500 and Rs 1,000 in bank accounts, Minister of State for Finance Arjun Ram Meghwal said on Tuesday. The government has increased the circulation of Rs 100 notes to ease the cash crunch. “No such proposal for extension of deadline beyond December 30, 2016, is presently under consideration of the government,” Meghwal said in Rajya Sabha in reply to a query on whether the December 30 deadline will be extended.He said sufficient cash is available with the Reserve Bank and banks have been advised to increase supply of lower denomination notes in rural areas. “There is sufficient cash available with the Reserve Bank of India (RBI) and the banks. Circulation of notes in respect of Rs 100 has already been increased. Further to cater to the requirement of rural areas, banks have been advised to supply notes of smaller denominations (Rs 100 and less),” he said.

Demonetization of Rs 500 and 1000 currency notes on Tuesday Midnight

In a major step to check black money, Prime Minister Narendra Modi on Tuesday announced demonetization of Rs 500 and 1000 currency notes with effect from midnight, making these notes invalid in a major assault on black money, fake currency and corruption. In his televised address to the nation, Modi said people holding notes of Rs 500 and Rs 1000 can deposit the same in their bank and post office accounts from November 10 till December 30.

Modi said the notes of Rs 500 and Rs 1000 “will not be legal tender from midnight tonight” and these will be “just worthless piece of paper.” However, he said that all notes in lower denomination of Rs 100, Rs 50, Rs 20, Rs 10, Rs 5, Rs 2 and Re 1 and all coins will continue to be valid. He also announced that new notes of Rs 2000 and Rs 500 will be introduced. Modi added that there will be no change in any other form of currency exchange be it cheque, DD, payment via credit or debit cards etc

He said the government has been fighting the menace of black money and corruption ever since it assumed power two years ago. He also urged people to help government in its fight against fake currency and black money.

The prime minister said the measures were aimed at curbing the “disease” of corruption and black money which have taken deep root. “There is a need for a decisive war against the menace of corruption, black money and terrorism… Corruption, black money and terrorism are festering wounds which make the country hollow from within,” he said. Following the announcement, there were huge crowds outside ATMs across the country as people lined up to withdraw currency of smaller denominations.

 

Indian Prime Minister Dedicates 3 New attractive Schemes for Jan Suraksha

 

Good News for All Indian , Today Prime Minister Narendra Modi Launched  Three New Schemes for Jan Suraksha :-  Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY)  and Pradhana Mantri Jivan Jyothi Yojana  (PMJJBY) to the country in West Bengal.

There are Beneficial for this schemes as per mentioned below -

1.Pradhan Mantri Suraksha Bima Yojana(PMSBY) :- Accident Insurance Worth Rs.2 Lacs at Just Rs.12 Per Annum. for all bank account holders whose age is between 18 to 70 years & Insurance Covers death and Permanent disability due to accident.

2.Atal Pension Yojana(APY) :- Minimum Investment Maximum Benefits during old age. for all bank account holders whose age is between 18 to 40 years. Monthly Pension Will Be Based on Your Contribution i.e., from Rs.40 to Rs.210 per month for entry at 18 years.one can avail monthly pension of Rs.1000 to Rs.5000 from the age of 60 years.

3. Pradhana Mantri Jivan Jyothi Yojana(PMJJY):- Life Insurance worth Rs.2 Lacs at just Rs.330 per annum.for all bank account holders whose age is between 18 to 50 years. Life insurance amount for
your family, after you.

 *Period of Insurance, Annual:1st June - 31st May*



• The Premium will be deducted from the account holder's savings bank account through "auto debit" facility.
• The Person would be eligible to join these schemes through one savings bank account only.

Contact Your Bank Branch or Bank Mitra/ micro Insurance Agent Immediately. Also Visit Organized Camps, fill the forms and avail the benefits of the schemes.

• For more information call National toll free number 1800110001/18001801111 or state toll free number 18001800124 or visit our website www.jansuraksha.gov.in/www.financialservices.gov.in

 

 

 

 

                                        

Special Diwali Gift for Noida Residence Person - 24 Hour Power Supply

Its good news for all living in Noida (Uttar Pradesh ) , India there will be no power cut in the city on Diwali festival. According to officials , the Uttar Pradesh Power Corporation Limited's  move to buy 2200 MW in an Energy Exchange arrangement will ensure 24- hour supply in Noida, besides 10 hour supply to rural areas across up ahead of Diwali.
Government has been signed for long term agreement to deal with the shortages of power in the areas.

After One Year Again fare hike on 50 % of Indian Rly Tatkal Tickets

Passengers buying Tatkal tickets during the festive season for the Delhi-Mumbai Rajdhani and 80 other premium trains will need to dig deeper into their pockets starting Friday.

The Railways said on Thursday that half of all Tatkal tickets on these trains would be put under the dynamic pricing system, effectively announcing a partial hike in passenger fares.

Under the new system, if the demand for Tatkal tickets goes up, their prices would proportionately increase.

The other 50% Tatkal tickets would be sold at existing rates. This system will be applicable in approximately 80 premier trains and at least five trains in each of the 17 Railway zones.

Under the Tatkal scheme, passengers can book tickets, over the counter or on the internet, 24 hours before a train is scheduled to depart.

Besides the two Delhi-Mumbai Rajdhanis, trains falling under the new mechanism will include the Ahmedabad-New Delhi Swarn Jayanti Rajdhani Express, the Bandra-Amritsar Paschim Express, the Mumbai-Amritsar Golden Temple Mail, the Bandra-Jodhpur Suryanagari Express and the New Delhi-Darbangha Swantrata Senani Express.

The move is aimed at cutting the public transporter’s losses in passenger earnings that zoomed to Rs. 25,000 crore this fiscal year. A decrease in international diesel rates had also led to the possibility of passenger fare reduction through adjustment of the Fuel Adjustment Component, due this month. Revenue earned from freight continue to subsidise passenger fares.

Tatkal prices were last hiked in April 2013. On June 25, railways minister DV Sadananda Gowda announced a hike of 14.2% in passenger fares across the board.