Treasury Assistant Secretary for Tax Policy Lily Batchelder said the department will work with the private sector to ensure a “smooth transition” on which vehicles qualify for the incentives and for what amount.
“The adoption of clean vehicles is central to reducing emissions in transportation while protecting Americans from the kinds of spikes in gas prices that we saw at the outset of Putin’s brutal invasion of Ukraine,” Batchelder said. “However, we can’t trade dependence on foreign oil for dependence on foreign batteries and our forthcoming guidance will strengthen our supply chain.”
The Treasury Department released a white paper late last year signaling the U.S. could use expanded definitions for free trade agreements for imports of critical minerals during the tax credit rulemaking process.
Manchin has repeatedly expressed outrage over the delay in guidelines for the law’s EV tax credits and has accused the administration of trying to undermine congressional intent.
On Wednesday, Batchelder said China’s control over critical minerals processing globally underscores the need to strengthen U.S. supply chains “along with like-minded partners.” She pointed to recent, initial talks between President Joe Biden and European Commission President Ursula von der Leyen.
Treasury’s actions “will advance economic security and stability by ensuring that the United States and allies and partners are not reliant on China for critical minerals in the decades to come,” she added.
The department did not provide any specific details on the proposed rule for EVs beyond that it will be released next week.
The Inflation Reduction Act included provisions aimed at lowering the cost for electric vehicles, while also increasing domestic manufacturing across clean energy technologies and components. Since the law’s enactment, companies have announced tens of billions of dollars in EV and battery manufacturing facilities.
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( With inputs from : www.politico.com )
If you mostly use cash for transactions then you need to be careful. The Income Tax Department can issue a notice in your name. Explain that the Income Tax Department monitors people who do more transactions in cash.
If you have more cash transactions in your transaction history, then you may be asked about the source of the money.
Let us tell you that the Income Tax Department is taking strict steps regarding financial irregularities. In such a situation, all those people who use cash for big transactions can be on their radar. Today we are here telling you what rules have been made regarding cash transactions which you need to keep in mind.
No more than 10 lakh cash in bank account or FD
If you deposit Rs 10 lakh or more in cash in any of your bank accounts in a financial year, then the Income Tax Department can ask you for its information. Please tell that its maximum limit in the current account is Rs 50 lakh. At the same time, in FD also, you cannot deposit more than Rs 10 lakh in cash in a year. If you want to deposit more amount than this, then you can pay online or through cheque.
Use of cash for credit card bill payment or investment
If you use cash more than Rs 1 lakh for credit card bill payment, then you can be asked for its information. At the same time, you cannot use much cash for investment. If you do cash transactions in any shares, mutual funds or bonds, then keep in mind that for this also you cannot use more than 10 lakh cash in a financial year. If you do this, the Income Tax Department can send you a notice.
Rules for paying for property in cash
Cash is widely used in the real estate sector. If you pay in cash to buy a property, it is important to know its rules. Let us tell you that after making a big transaction in cash with the property registrar, its report goes to the Income Tax Department. If you buy or sell a property worth Rs 30 lakh or more in cash, the Income Tax Department gets information about it. These rules should always be kept in mind otherwise you may get into trouble.
Bank FD: There are many banks in the country that offer interest rates ranging from 6.50 per cent to 7.60 per cent on tax saving FDs. By investing in tax saving FDs, you can save tax under section 80C of the Income Tax Act, 1961. However, only those people who have opted for the old tax regime.
Income Tax Return: Fixed Deposit (FD) can be a good option for people looking for an option to save tax before the end of FY 2023. Many banks and post offices offer tax saving FDs with a maturity period of five years. This option can help you save maximum tax, especially if you have already explored other options like post office schemes, National Pension System (NPS), home loans and mutual funds.
Tax Saving
There are many banks in the country that offer interest rates ranging from 6.50 percent to 7.60 percent on tax saving FDs. By investing in tax saving FDs, you can save tax under section 80C of the Income Tax Act, 1961. However, only those people who have opted for the old tax regime can avail tax exemption through this. Under the new tax regime, the option of tax saving through FD is not available.
Tax Saving FD
It is important to note that only individuals and Hindu Undivided Families (HUFs) can invest in Tax Saving FDs. Minors can invest with the help of their parents. The maximum amount that can be invested in a tax saving FD is up to Rs 1.5 lakh. At the same time, there are about 10 days left for the next financial year to start. In such a situation, by getting a tax saving FD done in this financial year, its benefit can be availed while paying income tax. At the same time, it should also be known that the maturity period of tax saving FD is five years.
Income Tax Return
If you are looking for an option to save tax before the end of FY 2023, then tax saving FD can be a good option. Many banks offer this option with attractive interest rates and it can help you save tax under section 80C of the Income Tax Act, 1961. However, it is important to consider the maturity period and liquidity requirements before investing.
SRINAGAR: Lieutenant Governor J&K Manoj Sinha on Saturday said that those accumulated property for their five-generations are abusing J&K government for imposing property tax. He said common people are being misled by plunders besides spreading disinformation campaign on the law.
“Those have accumulated property for their five-generations are abusing us on imposing property tax. They are running away from paying few hundred towards public exchequer but at the same time these people are receiving 8 lac rupees on account of rent on the properties they possess,” LG Sinha said while addressing an event in Srinagar here.
LG said sometimes it becomes inevitable to take harsh decisions to set the things in order. “Some people thought J&K is their personal property, but I want to clear it that the present dispensations will heard only poor and common people of J&K and those spreading misinformation about property tax will not be taken into account,” LG said.
He also said that the J&K government has made toll free numbers public to get suggestions from common people about property tax. “I assure you that suggestions of common and poor people will be taken into account and they will not be left disappointed,” he said.
“Every State and UT of the country is paying property tax. Jammu and Kashmir is the last one where it is being imposed. Also if we compare it to others parts J&K is the only UT where charges have been fixed very low,” LG said.
He added that religious places across J&K have been excluded in the tax and added, “The tax paid by Srinagar residents will be deposited into the account of Srinagar Municipal Corporation (SMC) who will spend it on the developmental works to make lives of common people better,” he added. (KNS)
LONDON — “Better than the last guy” might not be quite the tagline every world leader hopes for. It could yet be Rishi Sunak’s winning formula.
The British prime minister, swept into office late last year by wave after wave of Tory psychodrama, has cleared several major hurdles in the space of the past month. His success has even sparked a shocking rumor in Westminster that — whisper it — he might actually be quite good at his job.
That was the murmur among hopeful Conservative MPs ahead of this week’s U.K. budget, anyway — many of them buoyed by the PM’s recent moves on two long-running sources of angst in Westminster.
First came an apparent resolution to the intractable problem of post-Brexit trade arrangements in Northern Ireland. Sunak’s so-called Windsor Framework deal with Brussels landed to near-universal acclaim.
A week later, Sunak unveiled hard-hitting legislation to clamp down on illegal migration to the U.K., coupled with an expensive deal with France to increase patrols across the English Channel. Tory MPs were delighted. The Illegal Migration Bill sailed through parliament Monday night without a single vote of rebellion.
Then came Wednesday’s annual budget announcement, with Sunak hoping to complete an improbable hat trick.
It started well, with Chancellor Jeremy Hunt making the big reveal that the U.K. is no longer expected to enter recession this year, as had been widely predicted.
But a series of jaw-droppers in the budget small print show the scale of the challenge ahead.
The U.K.’s overall tax take remains sky-high by historic standards — an ominous bone of contention for skeptical Tory MPs and right-wing newspapers alike. Meanwhile, millions of Britons’ living standards continue to fall, thanks to high fuel bills and raging inflation. U.K. growth forecasts remain sluggish for years to come.
“He’s chalking up some wins,” observed one former party adviser grimly, “because he’s going to need them.”
‘Workmanlike’
Among all but the bitterest of Sunak’s Tory opponents, there is a palpable sense of relief about the way he has approached his premiership so far.
“It doesn’t mean everything will suddenly turn to gold,” said Conservative MP Richard Graham, a longtime Sunak-backer. “But like Ben Stokes and England’s cricket team, his quiet self-confidence may change what the same team believes is possible.”
Nicky Morgan, a Conservative peer and former Treasury minister, praised a “workmanlike” budget that would reassure voters and the party there was a “firm hand on the tiller” after the “turmoil” of the preceding year with two prime ministers stepping down, Boris Johnson and then Liz Truss.
UK Chancellor Jeremy Hunt meets children during a visit to Busy Bees Battersea Nursery in south London after delivering his Budget earlier in the day | Stefan Rousseau/POOL/AFP via Getty Images
Most of Wednesday’s biggest announcements, including an extra £4 billion for childcare and a decision to lift the cap on pensions allowances, were either trailed or leaked in advance. This may have made for a predictable budget speech, but as Morgan put it: “I think that’s probably what businesses and the public need at the moment.”
An ex-minister who did not originally support Sunak for leader said that the general tone of the budget, together with the Northern Ireland deal and small boats legislation, meant that “increasingly it’s hard for hostile voices to pin real failure on Rishi.”
Others, however, fear key announcements could yet unravel. An expensive change to pension taxes was instantly savaged by critics as a “giveaway for the 1 percent.” Headline-grabbing back-to-work programs and an expansion of free childcare will take years to kick in.
Hiking corporation tax was the “biggest mistake of the budget,” Truss ally and former Cabinet minister Jacob Rees-Mogg complained.
Doing the hard yards
Observers note that in the wake of the rolling chaos under Truss and Johnson, the bar for a successful government has been lowered.
“[Sunak] could stand at the podium and soil himself, and he’d be doing a better job than his predecessors,” noted one business group lobbyist on Wednesday evening, having watched budget day unfold.
But even Sunak’s fiercest critics praise his work rate and attention to detail, in sharp contrast to Johnson. Most accept — grudgingly — he has set up an effective Downing Street operation.
Having returned from his Paris summit last Friday evening, the PM kicked off budget week with a whirlwind trip to the west coast of California to launch a defense pact with the U.S. and Australia, arranging a bank bailout along the way. He landed back in the U.K. less than 24 hours before Hunt unveiled the annual spending plan.
“It turns out working like an absolute maniac and being forensic is quite useful,” one of his ministers said.
Another Tory MP added: “He’s got the brainpower and will do the hours. He’s not good at barnstorming politics or old school dividing lines — but he is good for the politics we have right now.”
There has also been a clear effort to run a tighter ship behind the scenes at No. 10. One veteran of Johnson’s Downing Street said the atmosphere seemed “calm” in comparison.
There are tentative signs that voters are starting to notice.
James Johnson, who ran a recent poll by JL Partners which showed Sunak’s personal ratings are on the up, said the PM’s growing reputation as a “fixer” seems to be behind his recent rally, and that the biggest increase on his polling scorecard was on his ability to “get things done.”
It remains to be seen if this will shift the dial on the Tory Party’s own disastrous ratings, however, which languish some 25 points behind the opposition Labour Party. “Voters have clearly lost trust in the Tories,” Johnson said. “But if government can deliver … I would expect it to feed through.”
Anthony Browne, a Tory MP elected in 2019, expressed hope that Sunak had begun “changing the narrative” which in turn “could restore our right to be heard.”
Trouble ahead?
Sunak will be well aware that plenty of recent budgets — not least Truss’ spectacular failure last September — have unraveled in the 72 hours after being announced.
And while expanding free childcare, incentivizing business investment and ending the lifetime pensions allowance were all crowd-pleasers for his own MPs, they were not enough to conceal worrying subheadings.
The tax take is predicted to reach a post-war high of 37.7 percent in the next five years, while disposable incomes are hit by fiscal drag pulling 3.2 million people into higher tax bands. Right-wing Tories are not impressed.
Ranil Jayawardena, founder of the Conservative Growth Group of backbench MPs, described it in a statement as “an effective income tax rise,” which will be “a concern to many.”
Net migration is set to rise to 245,000 a year by 2026-27, and will add more people to the labor force than all the measures intended to make it a “back to work” budget, according to the Whitehall’s fiscal watchdog, the Office for Budget Responsibility (OBR). The message is not one Conservative MPs want to hear.
Already singled out by Labour’s Keir Starmer as a “huge giveaway to the wealthiest,” scrapping the lifetime allowance on pensions will cost £835 million a year by 2027-28 while benefiting less than 4 percent of workers. Conservative MPs reply that NHS doctors are one of the main groups to benefit.
Perhaps most worrying of all, the government’s own budget expects living standards to fall by 6 percent this year and next — less than the 7 percent fall predicted in November but still the largest two-year fall since records began in the 1950s.
There are some problems that can’t be solved by pulling an all-nighter. Ironically for Sunak, whose career was made in the Treasury, his may prove to be the state of the U.K. economy.
Rosa Prince, Stefan Boscia and Dan Bloom contributed reporting.
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( With inputs from : www.politico.eu )
PARIS — French President Emmanuel Macron will face a moment of reckoning Thursday as lawmakers gear up for a final vote on the government’s deeply unpopular pension reform.
The controversial bill, a centerpiece of Macron’s second term, has sparked weeks of nationwide protests led by trade unions and faced intense criticism from both the far left and the far right in the National Assembly.
The French president wants to increase the legal age of retirement to 64 from 62 and extend contributions for a full pension in an effort to balance the accounts of France’s state pensions system — among the most generous in the world. According to projections from France’s Council of Pensions Planning, the finances of the pensions system are balanced in the short term but will go into deficit in the long term.
Despite government concessions on various aspects of the bill in recent weeks, opposition to the reform remains very high, with polls saying two-thirds of French citizens oppose it.
Speculation is running high that Macron might not have enough support in the National Assembly, and may choose a constitutional maneuver to bypass parliament — in a move that could unleash a political storm in France.
On Thursday, the French Senate and the National Assembly are expected to cast a crucial vote on the second reading of the bill, after the Senate voted in favor last week. The outcome will determine the shape of Macron’s second term and stands to bear heavily on his legacy.
The worst case: Macron loses the vote in parliament
Losing the parliamentary vote would be a stunning defeat for the French president, who pinned his bid for a second term on his promises to reform France’s pensions system. But political commentators have been speculating in recent days that Macron’s Renaissance party doesn’t have enough votes to pass the bill.
The French president lost its absolute majority in the National Assembly in parliamentary elections last June. He has since been forced into making ad-hoc deals with MPs from France’s conservative party Les Républicains. But the once-mighty conservatives appear split on the reform, despite assurances this week from their leader Olivier Marleix that there was “a clear majority” backing the bill.
A defeat in parliament would have seismic and long-term repercussions for Macron’s second term and it is likely that the president’s trusted lieutenant Prime Minister Elizabeth Borne would have to resign in such a scenario. Party heavyweights however say they will not shy away from seeking a vote.
“There will be a vote, we want a vote, everyone must take its responsibilities,” said Aurore Bergé, leader of the Renaissance group in the National Assembly.
“There can be an accident … we’ll manage it as we can,” admitted Jean-Paul Mattei, a centrist MP who belongs to Macron’s coalition, with reference to a defeat in parliament.
However, this is the most unlikely scenario as expectations are that the government will bypass a vote if they sense that they are short on votes.
Protestors hold an effigy of French President Emmanuel Macron, during a demonstration on the 8th day of strikes and protests across the country against the government’s proposed pensions overhaul in Paris on March 15, 2023 | Alain Jocard/AFP via Getty Images
Pretty bad: Macron bypasses parliament and loses credibility
In the face of a potential defeat in the National Assembly, Macron has a nuclear option: invoke article 49.3 of the French constitution. This mechanism allows the government to force through legislation without submitting it to a vote.
While the constitutional maneuver may seem like an easy way out, it’s a highly risky move as it allows lawmakers to table a motion of no confidence within 24 hours. Macron’s government has faced down motions of no confidence in the past but the stakes are much higher this time around.
Beyond surviving a motion of no-confidence, Macron and Borne will also come under fire for refusing to submit to the democratic process.
According to Frédéric Dabi, general director of the IFOP polling institute, the impact on public opinion if the government uses the 49.3 article as opposed to passing a tight vote in parliament would be “radically different.”
“Public opinions on the 49.3 article have changed … it is regarded as a tool to brutalize the National Assembly: it’s now seen as authoritarian instead of merely authoritative. People want more transparency, more democracy today,” he said.
France’s hardline unions would no doubt use this to stoke unrest and call for further strike action.
Trade union leader Laurent Berger has warned the government against using the 49.3 article, saying that it would be “incredible and dangerous.”
“Nobody can predict what will happen, the protest movement seems to be running out of steam, but if the government invokes article 49.3 it could be read as forcing the issue and may relaunch the protest movement,” said Dabi.
Still not great: Macron wins vote but faces mass protests
If the French president wins the vote in parliament, it’ll be seen as a victory but one that may completely drain his political capital, and whip up protests on the streets.
“It’ll be a victory for Macron, but it’ll only bear its fruit in the long term. In the short term, he’ll face a tense country where relations have become very strained,” said Chloé Morin, a writer and political analyst.
Trade union leader Berger has said that he would “take on board” the result of Thursday’s vote in parliament. But protests, which have been almost weekly since January, may continue nonetheless across the country in an effort to force the government into backing down and withdrawing the text.
Morin thinks it is unlikely there will be “an explosion of protests” after the vote as people are resigned to seeing it pass.
French police officers intervene during a protest by local council employees against the government’s retirement reform in front on the prefecture in Seine Saint-Denis, in Bobigny, a surburb of Paris on March 14, 2023 | Thomas Samson/AFP via Getty Images
“However, the protest movement might become more radical with lightning protests or sabotages, led by a minority in the citizens’ movement,” said Morin.
In October last year, industrial action in France’s refineries led to nationwide shortages at petrol stations, forcing the government to intervene in what was seen as Macron’s biggest challenge since his re-election last year.
There are dangerous precedents for Macron too. In December 2019, the government was forced to abandon a new green tax when faced with the explosive Yellow Vests protests that shook the political establishment.
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( With inputs from : www.politico.eu )
Do you know how much cash you can keep in your home? What is the limit fixed by the Income Tax Department on this matter. Know what is the rule
Rules of Cash in Home: If you have a habit of keeping most of the cash in your house, then it can also harm you a lot. Those who are businessmen, they often have to keep cash at their home, even if they deposit it in the bank the next day. It’s ok though. But some people have a lot of cash, and they keep it in their house, and later they get caught. If you do the same, then this news can prove to be useful for you. We are going to tell you what rules the Income Tax Department has made for this. Whose information you must have.
Cash comes out of the house in the raid
As per the rules of the Income Tax Department, you should know the limit of keeping cash in your house. It may be known that in the last several months, assembly elections were held in the states, in which it was found that there was a lot of cash deposited in people’s homes. Cash amounting to crores of rupees is being recovered from the officers every day. In such a situation, the question arises that how much cash should the common man keep in his house, so that no action is taken against him?
Will have to tell the source if caught
If you are caught by the investigating agency, then you will have to tell the source of the cash. If you have earned that money in the right way, then you must have its complete documents. Also, if his Income Tax Return is filled, then you do not need to panic. If you are unable to tell the source, then big investigative agencies like ED, CBI take action against you.
this much will be the fine
How much fine will you have to pay if you are caught with unaccounted cash at home? According to the Central Board of Direct Taxes (CBDT) in this regard, if you are unable to tell the source of money kept at home, then you may have to pay a fine of up to 137 percent.
keep these things in mind
Transaction of more than Rs 20 lakh in cash in a financial year can attract a fine.
It is necessary to give PAN number for depositing or withdrawing cash more than Rs 50,000 at a time.
If a person deposits 20 lakh rupees in cash in 1 year, then he will have to give information about PAN (PAN) and Aadhaar (Aadhaar).
Fine up to Rs 20 lakh may have to be paid for not giving information about PAN and Aadhaar.
You cannot shop for more than Rs 2 lakh in cash.
A copy of PAN and Aadhaar card will have to be given if purchases of more than Rs 2 lakh are made in cash.
The person can come on the radar of the investigating agency on the purchase and sale of property worth more than Rs 30 lakh in cash.
At the time of payment of Credit-Debit Card card, if a person pays an amount of more than Rs 1 lakh in one go, then investigation can be done.
Can’t take cash more than Rs 2 lakh from your relatives in 1 day. This has to be done through the bank.
The limit for donating in cash has been fixed at Rs 2,000.
No person can take a loan of more than 20 thousand in cash from another person.
You will have to pay TDS if you withdraw more than Rs 2 crore cash from the bank.
SRINAGAR: Amid growing criticism over imposition of property tax in Jammu and Kashmir, the administration of the Union Territory has sought feedback from the general public over the proposed tax.
In a notice, the Housing and Urban Development has sought suggestions/ comments from the general public over imposition of property tax in Jammu and Kashmir.
“Any suggestions/ comments in this regard are welcome and may be sent to the Housing and Urban Development Department at the email address [email protected] within 10 days,” reads the notice.
The notice states that UT of JK is levying property tax on residential houses/apartments, commercial establishments, within the municipal areas from April 01, 2023 in terms of two notifications issued by the H&UDD on Feb 21.
On February 21, 2023, JK’s Housing and Urban Development Department issued two separate notifications for levying, assessment and collection of property tax in the urban areas of Jammu and Kashmir, where 27% of the UT’s population resides as per the 2011 census figures.
The Jammu and Kashmir Property Tax (Municipal Corporation) Rules, 2023 and the Jammu & Kashmir (Other Municipalities) Rules, 2023, notified by the government, define the procedure for collection of property tax within the limits of municipal corporations, committees and councils in the UT.
As per these rules, property tax is to be 5% of the taxable annual value (TAV) on residential properties and 6% of the taxable annual value on commercial properties.
The rules faced widespread criticism, with political parties including National Conference, Congress, Peoples Conference, and Peoples Democratic Party assailing the move. Even the State BJP distanced itself from the move. (KNO)
Srinagar, Mar 12: Amid growing criticism over imposition of property tax in Jammu & Kashmir, the administration of the Union Territory has sought feedback from the general public over the proposed tax.
In a notice , a copy of which is in possession of news agency—Kashmir News Observer (KNO), the Housing & Urban Development has sought suggestions/ comments from the general public over imposition of property tax in Jammu & Kashmir.
“Any suggestions/ comments in this regard are welcome and may be sent to the Housing & Urban Development Department at the email address [email protected] within 10 days ,” reads the notice lying with KNO
The notice states that UT of Jammu & Kashmir is levying property tax on residential houses/apartments, commercial establishments, within the municipal areas from April 01, 2023 in terms of two notifications issued by the H&UDD on Feb 21.
On February 21, 2023, J&K’s Housing and Urban Development Department issued two separate notifications for levying, assessment and collection of property tax in the urban areas of Jammu and Kashmir, where 27% of the UT’s population resides as per the 2011 census figures.
The Jammu & Kashmir Property Tax (Municipal Corporation) Rules, 2023 and the Jammu & Kashmir (Other Municipalities) Rules, 2023, notified by the government, define the procedure for collection of property tax within the limits of municipal corporations, committees and councils in the UT.
As per these rules, property tax is to be 5% of the taxable annual value (TAV) on residential properties and 6% of the taxable annual value on commercial properties.
The rules faced widespread criticism, with political parties including National Conference, Congress, Peoples Conference, and Peoples Democratic Party assailing the move. Even the State BJP distanced itself from the move—(KNO)
Reviews Ongoing Construction Work Of Tawi Riverfront, Jambu Zoo
Jammu, March 11 (GNS): Lieutenant Governor Manoj Sinha On Saturday said that the doors of administration were open for dialogue with regard to property tax. He also conducted on-site inspection of key projects in Jammu and reviewed ongoing construction work of Jambu Zoo, Sri Venkateswara Swamy Temple by Tirumala Tirupati Devasthanams and Tawi Riverfront Project.
“The interests of the people of J&K have been given top priority while framing the property tax policy. The tax amount fixed is one-tenth of the tax being paid by the people in Shimla, Ambala, and Dehradun,” he said, adding, “We have issued toll-free numbers and sought suggestions from the public if they feel there is a scope for improvement. If there is a need for any relief, we will definitely give it to the public,” he said, reiterating that “his doors are open for dialogue on the issue”.
Earlier the Lt Governor ascertained the progress of the work being carried out at all the three sites, and laid emphasis on timely completion of the projects.
Dheeraj Gupta, Principal Secretary to the Government Department of Forest, Ecology & Environment briefed the Lt Governor on the progress of Jambu Zoo. He informed that the high level team of Central Zoo Authority will be visiting for the final inspection this month and the entire process will be completed within the time frame.
During his visit at the construction site of Sri Venkateswara Swamy Temple by Tirumala Tirupati Devasthanams, the Lt Governor interacted with the temple officials and asked them to start construction of a Gurukul and Health Centre simultaneously.
Later, the Lt Governor made an inspectional visit to Tawi Riverfront project site, which envisages to reduce erosion & flood and to provide socio-cultural amenities for sustainable development of the city.
The vibrant riverfront will ensure urban infrastructure sustainability. Once completed, the project will provide unique business opportunities and help in overall social upliftment. With social infrastructure and recreation facilities, Tawi Riverfront will enhance the quality of life of the citizens, said the Lt Governor.
Rahul Yadav, Commissioner JMC gave a detailed presentation on the ongoing works of the project.
The Lt Governor said the progress on all the projects visited today is satisfactory.
The aspirations of the people of Jammu would be fulfilled soon. These projects will boost the Tourism in Jammu and the footfall of tourists from outside will increase the economic activities and income of the people, the Lt Governor said.
Shaleen Kabra, Principal Secretary to the Government, Jal Shakti Department; Dr. Mandeep Kumar Bhandari, Principal Secretary to the Lt Governor; Sh Ramesh Kumar, Divisional Commissioner Jammu and other senior officials accompanied the Lt Governor during his visits. (GNS)
