Latest news with #SureshKhanna
Hans India
2 days ago
- Business
- Hans India
UP government mops up Rs 27,858 cr tax revenue
Lucknow: The Uttar Pradesh government has collected tax revenue of about 27,858 crore in the April-June quarter of 2025-2026 (Q1FY26). The collection of 27,858 crore corresponds to 62.8 per cent of the tax revenue target set at 44,356 crore for the first quarter, according to UP Finance Minister Suresh Khanna. Of the total collection, the share of GST and VAT stood at 20,798 crore and 7,060 crore, respectively. In addition to it, the UP excise department collected 14,229 crore in revenue, reaching almost 99 per cent of the 14,400 crore target. Khanna said the non-tax UP stamp and registration department collection during Q1 touched 8,353 crore, while the state transport department collected 2,914 crore. Similarly, the UP energy department earned 762 crore, while the land revenue stood at 72 crore. This has helped the total tax and non-tax revenue kitty of the state in Q1FY26 reach more than 54,000 crore. In the UP Budget 2025-2026, the Yogi government had estimated total receipts to be at 7.79 trillion, including revenue receipts of more than 6.62 trillion and capital receipts of 1.16 trillion. The share of tax revenue in revenue receipts for FY26 has been pegged at 5.5 trillion, including its tax revenue of 2.95 trillion and the state's share in central taxes at 2.55 trillion. Traditionally, the tax collections have gained pace in the successive quarters.
Time of India
3 days ago
- Business
- Time of India
UP to showcase investment, tourism potential in Japan
Lucknow: The UP govt is set to explore investment opportunities and promote tourism at the ongoing Osaka Expo 2025 in Japan. The Indian govt has allotted a window to UP from July 21 to Aug 1 at the Bharat Mandapam pavilion at the Expo to showcase its resources and potential. A four-member delegations will attend the Expo in two groups. The first group, headed by finance minister Suresh Khanna and accompanied by principal secretary Alok Kumar, secretary to the chief minister Amit Singh, and additional CEO of Invest UP Shashank Chaudhary, will visit the Expo from July 21-24. The second group will be led by cabinet minister for IT and electronics Sunil Kumar Sharma, along with principal secretary (planning) Alok Kumar and special secretary Bipin Jain, and will be in Osaka from July 28 to Aug 1, an official said. "The UP govt will try to seize this opportunity to present the state as a favourable investment destination and invite industries to set up operations in state," the official said, requesting anonymity. The state also aims to explore collaborations for UP-based companies, promote tourism, facilitate student exchange programmes with Japanese universities, and identify employment opportunities in Japan for UP's youth, the official added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why seniors are rushing to get this Internet box – here's why! Techno Mag Learn More Undo The Osaka World Expo 2025 began on April 13 in Yumeshima, an artificial island located on the waterfront in Osaka and will continue until Oct 13. This is the second time Osaka is hosting the event, the first being in 1970. The previous edition was held in Dubai in 2021. This year's Expo, themed 'Designing Future Society for Our Lives', revolves around three sub-themes: 'Saving Lives', 'Empowering Lives', and 'Connecting Lives'. It aims to foster a society aligned with the United Nations' Sustainable Development Goals (SDGs).
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Business Standard
10-07-2025
- Business
- Business Standard
Uttar Pradesh govt mops up nearly ₹27,858 crore tax revenue in Q1 FY26
Of the total collection, the share of goods and services tax (GST) and value added tax (VAT) stood at ₹20,798 crore and ₹7,060 crore, respectively Virendra Singh Rawat Lucknow Listen to This Article The Uttar Pradesh (UP) government has collected tax revenue of about ₹27,858 crore in the April-June quarter of 2025-26 (Q1FY26). The collection of ₹27,858 crore corresponds to 62.8 per cent of the tax revenue target set at ₹44,356 crore for the first quarter, according to UP Finance Minister Suresh Khanna. Of the total collection, the share of goods and services tax (GST) and value added tax (VAT) stood at ₹20,798 crore and ₹7,060 crore, respectively. In addition to it, the UP excise department collected ₹14,229 crore in revenue, reaching almost 99 per cent of the ₹14,400 crore target.
Hindustan Times
04-07-2025
- Politics
- Hindustan Times
UP cabinet decision: Proposal to transfer JPNIC project to LDA okayed
The Uttar Pradesh cabinet on Thursday approved a proposal to transfer the much-delayed Jayaprakash Narayan International Centre (JPNIC) project to the Lucknow Development Authority (LDA) that has been asked to run the JPNIC and return the cost of construction ₹821.74 crore in 30 years. Chief minister Yogi Adityanath presided over the meeting of the state cabinet that also decided to dissolve the committee constituted earlier to run the JPNIC. (Ht file) Chief minister Yogi Adityanath presided over the meeting of the state cabinet that also decided to dissolve the committee constituted earlier to run the JPNIC. An official spokesman said the JPNIC was allegedly mired in corruption during the previous Samajwadi Party government and will now be completed and operated by the LDA. The LDA has been granted full authority to run the project on PPP model, define operational procedures and terms, terminate the society's memberships and carry out other related tasks. This decision marks a significant step towards ensuring transparent, efficient, and public-oriented utilisation of the project. Briefing media persons, minister for finance Suresh Khanna said a sum of ₹821.74 crore spent so far by the state government for construction of the project will be transferred to LDA and treated as a loan to be returned in 30 years. This arrangement ensures financial sustainability in managing and operating the project while making the facility available for public use. The JPNIC project envisions the development of a modern, world-class centre in Lucknow. It will include a state-level auditorium, a convention centre, a world-class sports complex, and multi-purpose sports courts. Additionally, the centre will have a multi-level parking facility for 750 four-wheelers. These amenities will be open to the public, offering the people of Lucknow a modern, multi-functional facility. Initiated in 2013 by the then Samajwadi Party government, the JPNIC project was allegedly plagued by corruption from the outset. After coming to power in 2017, the Yogi government launched an investigation into irregularities, halting construction. A CAG report revealed serious violations such as work awarded without tenders and unexplained cost escalations.
Indian Express
03-07-2025
- Business
- Indian Express
Cabinet okays UP Rozgar Mission to provide 1.25 lakh jobs in a year
The Uttar Pradesh Cabinet on Thursday approved the proposal for formation of the Uttar Pradesh Rozgar Mission which will aim to provide 1 lakh jobs in the country and 25,000–30,000 jobs abroad within a year to the youth from the state. The decision was taken in a meeting headed by Chief Minister Yogi Adityanath. The employment initiative was among the 30 proposals which were approved by the Cabinet, Finance and Parliamentary Affairs Minister Suresh Khanna said. Talking to mediapersons after the meeting, state Labour and Employment Anil Rajbhar said so far the department was mainly helping unemployed youth through 'rozgar melas' (job fairs) and companies. 'But with the launch of the Uttar Pradesh Rozgar Mission, the state government will now be able to directly help the youth get jobs in India as well as abroad. Earlier, the state depended on licensed recruiting agents (RAs) for foreign job placements. But with this mission, the government will now have its own RA licence, allowing us to send people abroad for jobs directly,' the minister said. There is a rising demand globally for UP's skilled workforce — especially in paramedical, nursing, driving, and technical fields, he claimed. 'This mission will help tap into that potential,' he added. The mission, which will be registered under the Societies Registration Act, 1860, and function as a high-level body, will have five major components — governing council, state steering committee, state executive committee, state programme management unit and district executive committee, it is learnt. The Cabinet also approved amendments to labour regulations to increase women's participation in factory work. Until recently, women were barred from working in 29 categories of hazardous industries. The government lifted restrictions from four such industries in December last year. 'At present, only 5 per cent of factories in the state employ women, and excluding Noida, the figure drops to about 1 per cent. With advancements in technology and our goal of women's empowerment, it was necessary to revise these outdated norms,' Rajbhar said. The minister said the changes will support the state's broader target of becoming a 1 trillion dollar economy. Key functions of the mission: – Job demand survey in India and abroad – Listing of top companies and gathering job requirements – Identifying skill gaps and offering training – Language training and pre-departure orientation – Career counselling and campus placements – Post-placement support and follow-up
