Tag: Bihar

Latest StoriesRegulatory

EOU Forms STF to Combat Sand and Land Mafias in Bihar

Representative Image PATNA: The Economic Offences Unit (EOU) has established a Special Task Force dedicated to combating illegal sand mining and land mafia activities in Bihar. Led by EOU DIG Manavjit Singh Dhillon, the task force will investigate illegal assets, perform financial inquiries, and confiscate properties linked to criminal operations. They will also collaborate with government agencies and district administrations for further actions, as stated by a senior EOU official on Wednesday. EOU ADG Nayyar Hasnain Khan revealed that the task force consists of SP Rajesh Kumar, four DSPs, and five inspectors. “The team will investigate how these mafias acquired…

Latest StoriesRegulatory

I-T Flags Unreported Cash Deals in Bihar, Uttar Pradesh

NEW DELHI: The income tax department is scrutinizing cash transactions exceeding Rs 2 lakh in property deals, especially in Bihar and Uttar Pradesh, particularly in areas adjacent to Nepal. Numerous violations have been identified, and sub-registrars have failed to provide the necessary data. This nationwide initiative, following a Supreme Court directive from April, led tax officials to discover instances where entire transactions were conducted in cash. Tax authorities are baffled by the inaccurate reporting from sub-registrars in Bihar and UP. The department has escalated this issue to senior officials in both states, urging them to instruct sub-registrars to share information…

InfrastructureLatest Stories

Patna to Adopt NCR Model; Metro Operations Set to Start

Representative AI image PATNA: On Wednesday, Urban Development and Housing Department (UDHD) Minister Jibesh Mishra announced plans to develop Greater Patna following the model of Delhi’s National Capital Region (NCR), utilizing a land pooling policy for organized urban expansion. Mishra also confirmed that the Patna Metro Rail project is set for inauguration this month on the priority corridor. Prime Minister Narendra Modi is anticipated to visit Bihar on September 29 and may officially inaugurate the metro service during this visit. Initially, the metro will operate across three stations with the government planning to expand the network by adding more stations…

Latest StoriesRera

Bihar RERA Orders Refund for 18 PK Villa Project Homebuyers

PATNA: On Monday, homebuyers invested in the PK Villa Project by Agrani Homes received some good news, as the Real Estate Regulatory Authority (RERA) of Bihar announced that 18 individuals who had lodged complaints against the builder will be eligible for partial refunds of their total payments. The RERA official stated, “These 18 homebuyers will receive a cumulative refund of ₹1 crore, distributed proportionally based on their contributions. Additionally, RERA Bihar is working to auction off seized lands from Agrani Homes and other developers to provide further compensation to homebuyers.” The landowner of the PK Villa Project has complied with…

IndustryLatest Stories

Bihar Offers Free Land and ₹40 Crore Interest Support to Investors

PATNA: On Tuesday, the Bihar government unveiled a new policy that offers free land and interest subsidies of up to Rs 40 crore to investors in the industrial sector. Chief Minister Nitish Kumar stated that the ‘Bihar Industrial Investment Promotion Package 2025 (BIPPP-2025)’ aims to enhance industrial development in the agrarian state, generating approximately 1 crore jobs over the next five years. “To encourage industry in Bihar, the government has introduced the Bihar Industrial Investment Promotion Package 2025 (BIPPP-2025) following the BIADA Amnesty Policy 2025. This includes interest subsidies of up to Rs 40 crore for investors,” he shared in…

InfrastructureLatest Stories

Bihar CM Reviews Patna Metro Rail Project Construction

File Photo PATNA: On Tuesday, Bihar Chief Minister Nitish Kumar visited the construction site of the Patna Metro Rail Project. He instructed officials to speed up the construction process. According to a statement from the Chief Minister’s Office, “During the visit, the CM assessed the Metro Terminal at Bariyarpur and reviewed the metro rail coaches, tracks, yard, power grid, and associated infrastructure.” The CM emphasized the need to expedite the project’s construction. Regular inspections are being conducted to ensure efficient progress on the construction work. During the inspection, the CM engaged with officials to discuss the current status of the…