VOters and Poll Percentage- East Sikkim- 2014

DISTRICT : EAST SIKKIM AC AC NAME ELECTORS (Including Sangha) VOTERS (Including Sangha) POLL %AGE MALE FEMALE TOTAL MALE FEMALE TOTAL MALE FEMALE TOTAL 17 KHAMDONG SINGTAM 6035 5465 11500 5062 4706 9768 83.88% 86.11% 84.94% 18 WEST PENDAM 6494 5905 12399 5335 4781 10116 82.15% 80.97% 81.59% 19 RHENOCK 7805 7354 15159 6368 6066 12434 81.59% 82.49% 82.02% 20 CHUJACHEN 7848 7584 15432 6338 6071 12409 80.76% 80.05% 80.41% 21 GNATHANG MACHONG 5236 4949 10185 4211 4171 8382 80.42% 84.28% 82.30% 22 NAMCHEYBONG 6643 6320 12963 5274 5329 10603 79.39% 84.32% 81.79% 23 SHYARI 6540 6174 12714 5082 4903 9985 77.71% 79.41% 78.54% 24 MARTAM RUMTEK 7496 7213 14709 6011 5922 11933 80.19% 82.10% 81.13% 25 UPPER TADONG 4455 4475 8930 3167 3401 6568 71.09% 76.00% 73.55% 26 ARITHANG 5021 4462 9483 3529 3217 6746 70.28% 72.10% 71.14% 27 GANGTOK 5319 4732 10051 3520 3109 6629 66.18% 65.70% 65.95% 28 UPPER BURTUK 6464 6284 12748 4978 5048 10026 77.01% 80.33% 78.65% TOTAL EAST 75356 70917 146273 58875 56724 115599 78.13% 79.99% 79.03%

Share of contract workers in various sectors

*CG = Consumer Goods

MF unit redemption won’t attract tax: CBDT

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MUMBAI, FEBRUARY 14:  

The Central Board of Direct Taxes has clarified that redemption or repurchase of mutual fund units would not attract taxes (under distributed income), as such income is not in the nature of income distributed to unit-holders.

The CBDT also said bonus units at the time of issue would not be subjected to additional income tax since an issue of bonus units was not akin to dividend distribution. It added that the Income Tax Act prescribed that the cost of acquisition of bonus units should be treated as ‘nil’ for the purposes of computation of capital gains tax.

Travel

Soul- Searching in Sikkim

Saifur Rahman Tuheen

Tsongmo Lake

Sikkim is a state in East India in the Himalayan foot hills bordering China (Tibet), Nepal and Bhutan. The snow-covered mountains and lush green valleys of Sikkim revitalises one's soul. Nearly 40 percent of its total area is forested.
How to go: There are no airports or railway stations in Sikkim. The only way to enter from the rest of India is by road using bus or jeep from West Bengal. Buses are available at Dharmatala in Kolkata city. It will take about 17 hours to reach Gangtok, the capital city of Sikkim. Construction of a 50 km rail link from Sevoke, West Bengal to Rangpo, Sikkim started in 2009, but it isn't expected to be ready until 2015. It will also take another few years until it reaches another 40km to Gangtok.  Meanwhile, the nearest railway stations are Shiliguri and New Jolpaiguri.  Both of these have a number of trains connecting them to Kolkata. You should be able to get pre-paid taxis outside the railway stations quite easily. The nearest airport for Sikkim is Bagdogra, near Shiliguri in North Bengal which is 124 km away and approximately four hours drive from Gangtok. Indian Airlines, Jet Airways, Spice Jet, Go Air etc. service Bagdogra linking it with other major airports in India (Including Gwahati). Druk Air flies twice weekly from Bangkok, stopping at Bagdogra before continuing to Paro in Bhutan. You can also take a helicopter from Bagdogra to Gangtok.
Where to Stay: As like any other popular tourist place, there is a large number of hotels, motels and guest houses available in Sikkim, particularly in Gangtok. Mayfair Spa Resort and Casino, Suhim Potriko, Hotel Sonam Delek, Welcom Heritage Denzong Regency, Elgin Nor- Khill Gangtok, Hotel Saikripa Gangtok, The Keepsa Residensy, Summit Norling Resort and Spa, Hotel Sagorika, Aashishkim Guest House, Sikkim Retreat Hotel, Himalayan Retreat,  Hotel Mount Siniolchu, Tara Palace, Hotel Barries etc. are well-known hotels in Gangtok. Hotel Yarlam, Modern Residensy, Snow Lion Resort and Sonam Palgey Lachung are the notable hotels at Lachung.
Popular Destinations
    Rumtek Monastery: 24 km from Gangtok in East Sikkim – the main seat of Karma Kagyu School of Tibetan Buddhism in Sikkim. Originaly built by the 9th Karampa Wangchuk Dorjie in 1740 but fell into disrepair. The current structure dates from 1959.
Tsongmo Lake: The most visited lake in Sikkim is Tsongmo Lake in East Sikkim. Located at 35 km from Gangtok and an altitude of 12,000 feet the ethereally beautiful Tsongmo Lake is must on every visitor's itinerary. Embedded in steep and rugged mountain terrain, the lake is covered with snow from early winter to late spring. Associated with many legends and myths, Tsongmo is regarded holy by the Sikkimese. For the tourists, the visit to the lake offers the wonderful outing. Rides on colourfully decorated yaks and mules offered at the lake side, which also has a verity of eating stalls serving snakes and beverages. Snowboots and gumboots can be hired here. The lake also provides the perfect backdrop for holiday photos
Pelling: About 117 km away from Gangtok, Pelling is today emerging as the second biggest tourist destination in the state of Sikkim. Although in itself is a little more than a strip of road lined with hotels, its main attraction is the breathtaking view it offers of the Khangchendzonga and surrounding ranges, as well as the easy access it provides to tourist spots in the area. Pemayangste monastery is less than a kilometre from Pelling while a 40 minute walk in the hill opposite the monastery takes you to Sanga Choling monastery built in 1967, one of the first in the state.
Baba Mandir: Baba Mandir is original Harbhajan Singh Baba Temple from which the Indo-Bhutan border is approximately 6 km and Indo-Chinese border is around 5 km. A must visit place for all those who like to explore places.
 

Dubdi Monastery: This was the first monastery established soon after the consecration ceremony of the first Chogyal. The monastery is located on a hill top above Yuksom surrounded by verdant forest. It can be approached by trekking only, negotiating steep slope for about half an hour. It is an ideal place for lamas seeking meditation recluse.
Chungthang: Chungthang is in the Northern part of Sikkim. It is located at the confluence of Lachen and Lachung Chu and is the starting point of the river Teesta. It is believed that Chungthang is blessed by guru Rimpoche.
Gurudongmar Lake: At an altitude of 17,000 feet, Gurudongmar Lake is reserved by both Buddhists and Hindus as a sacrosanct lake. Enriched all around by snow-covered mountains, the lakes freezes during the winter, except one spot said to be blessed by Guru Rimpoche. The water of the lake is believed to have the miraculous power of granting children to childless couples.
Dzongri trek: Dzongri trek is possible at the west part of Sikkim. This trek is suitable for those trekkers who wish to go for a short and easy trek. This trek provides a spectacular view of unique landscape which permanently gets printed in the trekkers mind.
Adventure activities: There are many adventure activities possible to do in Sikkim. Tourists can go Trekking, Rafting, Kayaking, Mountain Biking, Mountaineering, Yak Safari and many more.
Entry formalities to Sikkim: Foreigners must obtain a Inner Line Permit (ILP) to visit Sikkim. These can be obtained from all Indian Missions, Sikkim Tourism offices at New Delhi, Kolkata, District Magistrates Office at Darjeeling, Shiliguri and Rongpo, on the strength of an Indian Visa. The 30 days duration permit is issued on the spot without any delay provided photocopies of passport and visa along with two passport size photos of the applicants are given. The permissible duration of the stay for foreign tourists is 30 days initially. For those interested in going for trekking in the interior region of the state, the Tourism and Civil Aviation issues Protected Area Permit (PAP) at Gangtok which is available for certain specified area for groups consisting of two or more foreigners subject to condition that the trekking program is arranged through a registered travel agency. April to September is the ideal time to visit Sikkim.
Communication: The official language of Sikkim is Nepali, which is also the primary language of the locals. Many other languages such as Djongkha and Tibetan are also spoken by similar numbers. However, Hindi is also widely spoken as a second language and all educated people can speak English.

Dubdi Monastery

SIKKIM- the last shangri-( Source:Mid Day)

Yawning valleys, fluttering pray flags and colourful homes dotted on mountain slopes — it is not without reason that Sikkim is known as one of the last Himalayan Shangri Las. Kareena Gianani lands there amid a strike, but still finds places where the senses meet the sublime

It is past midnight when two friends and I sit at the edge of a defunct fountain outside a hotel in Pelling in West Sikkim. A two-day strike has been announced in the state — all modes of transport have shut down, come morning, every shop will be desolate and the policemen will not take too kindly to stragglers. We are locked in, and thrilled at the prospects.

The strike hasn’t addled our brains, lest we be accused of being delirious. We hatch grand plans, rub palms conspiratorially (it’s the cold, that too) and wait for the morning.

Our Darap homestay’s host, Indra Subba and his mother (above) rustle up delicious meals made from flowers and other plants picked from a forest nearby

At daybreak, we stand at one of the many abandoned construction sites (another would-have-been hotel, no doubt) and admire the leviathan Khangchendzonga. It comes to us then — Pelling usually swarms with tourists just so they could have this one moment to themselves. Unparalleled views of the Khangchendzonga — molten gold at sunrise, icy blue till dusk and grandfatherly in mien — are this town’s raison d’etre.

The ruins of Sikkim’s ancient capital, Rabdentse

Keep calm, and don’t plan
We sneak into a chaiwallah’s home for tea (by invitation, of course), who tells us something we know by now — the famous Yuksom-GoeCha La trek is out of the question, as are our plans to take off to Sikkim’s capital Gangtok to check out the famed Rumtek Monastery. “The only place left around here is this hamlet, Darap. Indra has just finished building his homestay,” he smiles. We prick our ears up, and 10 minutes later, Darap is on our itinerary.

Gurudongmar Lake in north Sikkim. Pics/ Aditya Kandala, Kareena Gianani & Thinkstock

We spend a day hiking in and around Pelling, and it feels like we have the town all to ourselves. It is a luxury, of course, the tranquility of Pemayangste Monastery and the higgledy-piggledy route leading to the ruins of Rabdentse. Plaques in and around this elusive site tell us that Rabdentse was the second capital of the Kingdom of Sikkim between 1670 and 1814. What is left of this troubled empire are three chortens (Tibetan monuments) which mark the prayer site of the Sikkim royalty back then.

The next day, we begin our hike to Darap, with the all-seeing Khangchendzonga standing resolutely to our right. The chaiwallah was quite right — after a seven-km-long walk, we enter a hamlet where time doesn’t quite seem to move at the same pace. Darap is idyllic, and it seems all conversations here take place in hushed tones somewhere inside the modest, one-storey homes. Soon, we meet Indra Subba, our host for the night, who takes us to his homestay.

At home
Indra’s homestay comprises a long dining hall and numerous windows to seduce the sunlight. He has furnished it with intricately-carved furniture chosen during his many trips to Gangtok. The log cabin outside, which will be our home for the night, has been designed and built by Indra and his friends. The food, he tells us, will come from “there”, pointing to the floor.

We think he is referring to a meal of tubers and roots. Indra, however, asks us to follow him as he takes the stairs descending from the dining hall. In an underground kitchen, Indra’s mother has congregated neighbours to help her cook our meals for the day. We decide to babysit their children but are politely asked to take the time off (lullabies hummed on tunes of love songs don’t go down well with babies).

Over dinner, Indra tells us that he was a mountaineer and helped travellers trace many an ambitious peak in the Himalayas. “But soon,” he tells us, “it was time to make a choice between doing what I loved and spending time with my family. So here I am.” He knows he has an arduous journey ahead. Many homestays are coming up in Darap, but it remains a place for people who yearn for solitude. It is for those who delight when a short walk in any direction abruptly leads you to a pitch-dark forest and where fireflies dance to music meant only for their ears. “We can only hope that tourists from Gangtok and Pelling drop by,” says Indra.

We tear ourselves from Darap a day later and head to Gangtok to get permits to North Sikkim. Once they arrive, we take off with Sonam, our driver whose sartorial punch — goth, rock and uber cool — leaves us feeling rather scruffy. I think our collective silence suits him just fine. Sonam manoeuvres deadly cliffs and landslide-happy hills at nothing lesser than 60km/hour — we agree that fervent prayers would come in handy, and he needs Akon’s thumping music to prevent him from falling asleep at the wheel.

At Gurudongmar Lake
Let no one tell you can have enough of Gurudongmar Lake, which must be accessed through the twin, quaint villages of Lachen-Lachung after a nine-hour drive from Gangtok. The altitude at 15,000 feet could be punishing for some, but when I step out of the jeep and walk up to the lake, I know why we are here —Gurudongmar Lake knows no fixed states of matter.

I cannot fully believe anyone who says that the vast lake is indeed liquid, because I can swear it looks frozen. Or that it isn’t clouds which are a few feet away from us, that it is mist. Here, the five senses are an entirely subjective matter, and I do not know of many places which can be so phantasmic.

On our way back home, I press rhododendrons in my book (the fallen ones only — picking one would have invited Sonam’s wrath), shop for souvenirs at Gangtok and take in the sounds and smells of a city which just does not rest. But when I think Sikkim, what really comes to mind is a lone cabin in a shy village, fireflies and private conversations, and the loss of senses somewhere high up.

Leisure
Best time to visit: September-November
You need: A week

Fact File Go: Sikkim is best reached from Darjeeling. All major airlines connect metros to Bagdogra airport. Pelling is 108 km away from Darjeeling.

Stay: Pelling offers hotels for all budgets, as does Gangtok. You could also opt for a homestay in Darap. Log on to http://sikkimtourism.gov.in.Eat and drink: Sikkimese cuisine is a delicious fare of thukpas, momos and other local delicacies. But don’t forget to visit a tongba-bar for some local millet beer: a friend says it is much like sake, and is quite potent.

- See more at: http://www.mid-day.com/articles/sikkim-the-last-himalayan-shangri-la/15145083#sthash.IGkDek4h.dpuf

How Expensive is the Sensex at its All-Time High?

China extends Rail network to Indian Border

China has extended its rail network in Tibet up to Xigaze, close to the Indian border in Sikkim, a step that would provide its military a strategic capability to easily move troops and weapons in the remote Himalayan region.

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The Qinghai-Tibet Railway, the world's highest railway, will reach the residence of the Panchen Lama at Xigaze in Tibet, state-run Xinhua news agency said, emphasising on its political significance.

The Headquarters of China-backed 11th Panchen Lama Gyaincain Norbu is based at Xigaze, also known as Shigatse, located close to the Sikkim border.

The 24-year-old Lama stays in Beijing as he holds a top position in China Buddhist Association.

The seat of Panchan Lama was regarded the second most revered in Tibet after the Dalai Lama. China gives a high-profile projection to Panchan Lama among the Tibetans.

The young Lama was nominated to national advisory body, the Chinese People's Political Consultative Conference.

The Lhasa-Xigaze Railway which has an overall length of 253 km will be ready by October this year, Xinhua said.

The trains will run at a maximum speed of 120 km per hour, representing a run time of about two hours from the regional capital Lhasa to the region's second city.

All subgrade earthworks, bridges, culverts, tunnels and over 93 % of the track have been completed.

Currently it takes five hours by road to reach Shigatse from Lhasa.

Both cities are sacred for Tibetan Buddhists with important religious centers such as the Potala Palace, Tashihunpo Monastery and Jokhang Monastery.

"Besides saving time, the railway will be much more safe.

The current road is frequently troubled by seasonal natural disasters," said a construction foreman in the railway.

Local residents and tourists will have a smooth trip by rail, unimpeded by landslides in summer and ice in the winter, the worker told Xinhua.

The plateau railway is a particularly problematic construction with difficulties including an oxygen-poor environment, a delicate ecosystem, wildlife migrations and many complex environmental issues.

The 1,956 km long Qinghai-Tibet Railway began service in July 2006 and has positively impacted on Tibet's tourism, hospitality and manufacturing sectors.

China has built extensive network of transport infrastructure in Tibet raising concern in India as it provided strategic advantage to Beijing to move its troops to the borders fast.

Besides well laid highways and rail networks, China built five 'airports' in the Himalayan region so far. The development prompted India to initiate road development along the over 4000 km disputed border area

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All 6,10,577 inhabitants in Sikkim have latrines with high sanitation and hygiene standards. The Himalayan state has constructed 98,043 individual household latrines

All 6,10,577 inhabitants in Sikkim have latrines with high sanitation and hygiene standards. The Himalayan state has constructed 98,043 individual household latrines 

Sikkim eyes to double tourists flow to Kanchenjunga

IANS     |     March 2, 2014     |     World     |     0 Comments

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New Delhi: The Sikkim government has taken a number of steps to strengthen infrastructure and improve facilities to attract tourists to the Kanchenjunga, India’s highest peak in the Himalayas, state tourism minister said.

According to Sikkim Tourism Minister Bhim Dhungel, around eight lakh tourists visit the state annually to have a glimpse of five sacred peaks of Kanchenjunga and the number is likely to go up to 15 lakh in next five years.
The minister said the government has taken a number of steps to improve infrastructure and ensure modern tourism facilities, with a view to attract higher number of visitors.
“The government has started 15 minutes’ helicopter service from state capital Gangtok to provide visitors breathtaking views of the pristine beauty of sacred peaks, which assume different colours during different times of the day,” Dhungel said in a statement here.
The helicopter service is available round the year on demand. Last year, 400 such mountain flights were organised and the government intends to increase the frequency of Kanchenjunga flights to 1,000 a year in next five years.
Located at 28,169 feet (8,586 metres) from sea level, the Kanchenjunga is the highest Himalayan peak in India and the third tallest in the world. It can be viewed from most part of Sikkim and attracts a large number of domestic as well as international tourists.
The Kanchenjunga is considered a sacred mountain by the natives of Sikkim and is the guardian deity of the Sikkimese people.
Dhungel said Sikkim has the potential to become the Switzerland of the East and the government is taking all possible steps to capitalise on the state’s natural beauty.
Tourism is a key contributor to Sikkim’s economy. The government is focusing on attracting new segments of tourists and trying hard to provide more options for the adventure tourists who constitute about 70 percent of the market.
“We will strengthen the tourism infrastructure at vintage points at Rabong, Kaluk, Mangan and Pelling by providing various incentives and facilities to hospitality sector for setting up new home stay units, village resorts and yatri niwas (tourist inns) to provide additional accommodation facilities for visiting tourists,” said the minister.
He said the government would also provide modern facilities at Kaluk, Tashi view point, Mangan and Pangthang base points from where clear view of all 28 snow capped peaks can be seen.

Read more: http://www.mizonews.net/world/sikkim-eyes-to-double-tourists-flow-to-kanchenjunga/#ixzz2usLCXl7F

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* excluding construction

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Net State Domestic Product of Sikkim stands at 17% is the highest in India

Gangtok, 1st March: State Level Sammelan for Panchayats and Urban local bodies was held today at Manan Kendra, Gangtok. 

Speaking on the occasion, Chief Minister Mr Pawan Chamling reiterated the policy of the Government to make Sikkim a kutcha house free state by 2015, and urged the concerned departments as well as Panchayats to ensure timely implementation of schemes like CMRHM and REDRH. He called on the Panchayats to clearly communicate the government's programmes and policies to the people to avoid any disillusionment. Mr Chamling maintained that Sikkim boasts of being the only state in the country to spend majority of its budget on welfare schemes. He also informed that Sikkim is the only State to register a swift decline in poverty rate. He went on to share his government's vision to make Sikkim a poverty-free state in the coming years. The Chief Minister also shared that the Net State Domestic Product of the State which stands at 17% is the highest in the country.

The Chief Minister also highlighted the progress made by the State in sectors like hydro-electricity generation, Eco-tourism, organic farming, industries and urbanisation. In order to maintain and sustain these rapidly growing sectors the Government has laid maximum impetus on human resource development, he added.

The Chief Minister also mentioned that the Governement has made distinct policies to empower the cooperative sector and urged the Panchayats to strictly intervene in case of any discrepancy in the implementation of public work. 

In the course of his address the Chief Minister also made a few announcements of decisions taken in the recent Cabinet meeting. He announced that the  cadres of the Rural Development Assistants have been reviewed by the government duly ensuring proper promotional avenues to them. He also announced that the monthly honorarium of Gram, Zilla and the Urban Local Bodies have also been reviewed and doubled by the government w.e.f. 1st April 2014.

Earlier, the Chief Minister was felicitated by the State Institute of Rural Development, Karfectar. 

The Programme was also addressed by Minister RMDD Mr C.B. Karki and Secretary RMDD Mr. D.R. Nepal. The programme concluded with the vote of thanks proposed by Director Panchayat Mr H.B. Gurung.

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Source: ACE Equity Please Note that these are not the actual returns booked and this portfolio is created just to highlight the money-making potential that lies in this process.

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mock drill on the earthquake scenario on 21/02/2013 in sikkim

APPEAL

District Disaster Management Authority (DDMA East) in coordination with Sikkim State Disaster Management Authority, Land Revenue & Disaster Management Department is conducting a preparatory mock drill on the earthquake scenario on 21/02/2013 at 11:00am in various places in and around Gangtok which is a precursor to the Mega Mock drill scheduled on 10/03/2014.

As such, I on behalf of District Disaster Management Authority would like to appeal all the public that this exercise is being carried out to sensitize & create awareness on earthquake drills for preparedness and all are requested to participate during mock exercise. Help us build a safer and a disaster resilient state.

It is further appealed to all citizens of the district that the activity undertaken is purely on mock basis & there is no apprehension of danger and panic due to the activity as all necessary measures of public safety has been undertaken

(J.S Raje)

District Collector cum Chairman

District Disaster Management Authority

Top wealth destroyers since FY08

Government's Liability Mounting Up

*Projection

Sikkim Wins National Tourism Award

17.2.2014

Sikkim has been declared as best state in the country in implementation of  Rural Tourism Projects  by Ministry of Tourism Govt of India .

 Union Minister for Human Resource Development  Dr. Shashi Tharoor,presented the National   Tourism Award 2012-13 to Sikkim tourism minister Sh Bhim Dhungel in a function in vigyan bhawan new delhi today 

 According to union tourism ministry Sikkim is the perfect destination to experience warm hospitality ,rich culture and scenic splendour of natural beauty.

Sikkim tourism Minister Sh Bhim Dhungel said that  Chief Minister Sh Pawan Chamling has launched an ambitious Rs 140 crore Project for developing various tourism convenience facilities,view points,halting points, conferences,retiring units and other infrastructural facilities project in the state . 

He said that state chief minister Sh Pawan Chamling  has sanctioned 50 crore Rs for setting up facilitation centres at state capital Gangtok and various other important  tourist destinations of the state .He said that  total 20 facilitation  centres will be set up in the state for strengthening  tourism facilities  and added that  capacity building, training , marketing,manpower and human resources will be  strengthened under these facilitation  centres .He said that main facilitation centre will be set up at state capital Gangtok with total cost of Rs 40 crores while the other facilitation centres at small towns and major  tourist destinations will be constructed with a cost of Rs 50 lakh on each facilitation centre .He said that all the facilitation centres will start function by the year 2015.

Sikkim tourism minister Sh Bhim Dhungel told  that at present around 80,000 tourist visits rural tourists destinations in the state annually and added that target has been fixed to attract 1.50 lakh tourist to rural tourist destinations in next five years  by creating additional infrastructural facilities in the state . 

He told that so far 500 home stay units have been registered in the state which are providing direct employment  to around 1500 persons and added that target has been fixed to double the home stay units and employment opportunities to 3000 persons in the next five years .He said that state govt is providing various incentives like electricity on domestic rates to these home stay units to make them  economically viable and create additional beds and modern facilities  for the visiting tourists in rural areas  

Tourism Minister Sh Bhim Dhungel told that state tourism department has tied up with kerala, maharastra,gujrat,goa and karnataka tourism for ensuring maximum tourist flow from these states  to sikkim and added that  state tourism department is negotiating with Nepal tourism and Bhutan tourism to ensure maximum international tourism flow from these areas to sikkim 

Sikkim tourism Secy Sh C.Zangpo, Sh Sanjay Singh DE(P), Ms Shova Lama AD, Ms Binita Rai PRO Tourism and Mr Vijay Thapa were part of the official delegations who attended the function 

MF unit redemption won’t attract tax: CBDT

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MUMBAI, FEBRUARY 14:  

The Central Board of Direct Taxes has clarified that redemption or repurchase of mutual fund units would not attract taxes (under distributed income), as such income is not in the nature of income distributed to unit-holders.

The CBDT also said bonus units at the time of issue would not be subjected to additional income tax since an issue of bonus units was not akin to dividend distribution. It added that the Income Tax Act prescribed that the cost of acquisition of bonus units should be treated as ‘nil’ for the purposes of computation of capital gains tax.

India's fiscal deficit as a percent of GDP

Online Bus Ticketing System launched in Sikkim

Online Bus Ticketing system was launched at the SNT Bus Terminus today.  The launching ceremony was graced by the Secretary Transport Mr Tsegyal Tashi in presence of the Secretary IT Mr Rajesh Verma, host of officials from both departments and media personnel’s.

During the function, the Secretary Transport informed that the online ticketing system is offered to one A.C. bus plying from Gangtok to Siliguri and vice versa. The tickets will be available from 24^th February 2014 onwards and commuters can book tickets anywhere at any time, he informed. He also expressed his gratitude to the Ministry of IT and Department of IT for providing online ticketing system to SNT. Highlighting on the department initiatives he added that the department is providing safest, consistent and reliable services to the passengers and trying to come up with more services.

The Secretary IT in his address expressed that the launching of online bus ticketing is a milestone in the history of SNT, which is funded under a part of Government of India project. The commuters can book the ticket anywhere from the world and even select seat of their choices. The Secretary further informed that the Department of IT is also developing software for the issue of ILPs online very soon and also would like to extent online bus ticketing to other places.

Mr Raju Basnett, Chief Engineer, SNT also highlighted on the features of Online Bus Tiketing System.