Free Press Journal
  • Indore: Hoarding leads to cash crunch in city

    Indore: The currency crunch has deepened in the city as the inward movement of currency notes of Rs 2,000 denomination has almost stopped in local bank branches. Experts said this is because people have begun to hoard high denomination currency notes. Indore is considered the financial capital of Madhya Pradesh where banking transactions take place…

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  • Indore: I-T focuses on salary break-up to trace tax evasion

    Indore: The income tax department has made it mandatory for salaried class people to mention salary break-up in their income tax returns. The exercise is aimed to know whether allowances and perquisites are taxable and whether the tax has been paid if they are taxable. Similarly, businessmen will be required to furnish the information in…

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  • Indore: MP govt’s non-cooperative attitude delays project

    Indore: An RTI reply reveals how serious is state government for completing railway projects. An example is Indore-Manmad new broad gauge railway line. An RTI reply by railway department has stated that since MP state government has yet not given consent for cost sharing, the project could not be started. Former railway minister Suresh Prabhu…

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  • Indore: 24×7 Flight Operation; Maiden flight leaves for Mumbai at 5:50 am

    Indore: With kick-start of 24X7 flight operation from the city, under which night parking of the aircrafts will also be done, the facility will help in bringing multi diagonal benefits to the city. The facility will help in growing-up almost all sectors of the businesses including tourism, hotels, real estate, aviation, I-T and medical tourism….

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  • Indore: File ITR by March 31 to avoid prosecution

    Indore: For those who made bulk cash deposit during demonetisation (income from unknown source), March 31 is the last date for filing income tax return (ITR) of financial year 2015-16 and 2016-17. Within the deadline, the depositors can pay a tax at the rate of 77.25 per cent to get rid of their I-T liabilities…

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  • Indore: Air Asia to start flights for Surat, Kolkata from April

    Indore: Though Indore is all set to get a number of flights from March 25 yet there is no flight for new destination. But from next month, leading private carrier Air Asia is going to introduce two flights for Surat and Kolkata. On March 25, the City airport will witness 31 new flights and after…

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  • Indore: “Changed working style in railway ministry, no more delay in projects,” says Railway Minister Piyush Goyal

    Indore: “We have changed our working style in the ministry. Now, as soon as we get land for our projects, we will start working on them immediately. This will help us avoid lapse of granted funds due to delay which will ultimately benefit the public,” said railway minister Piyush Goyal in a chat with this…

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  • Indore: Fly to Bengaluru soon @ as low as Rs 1999

    Indore: Passengers travelling to Bengaluru from city are sure to get advantage from the battle of stake soon to be started between Indigo and Air Asia on Indore-Bengaluru-Indore sector. While Indigo is going launch its fourth flight in the sector from March 15, Air Asia too is introducing its maiden flight to the destination from…

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  • Indore: Investment in long term capital bonds no more lucrative

    Indore: The Union budget presented by finance minister Arun Jaitley has some proposals which are indeed spiky, especially for those who wish to save long term capital gain (LTCG) tax by purchasing long term capital bonds. FM has increased the lock-in period of these bonds from three to five years. The expansion in maturity duration…

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