Amidst poll-preparations, IT raids several contractors across Karnataka

Agencies
April 24, 2018

Bengaluru, Apr 24: The Income Tax Department on Tuesday conducted searches on a number of contractors in poll-bound Karnataka in connection with a tax evasion probe, officials said.

They said the raids are being conducted against at least 11 contractors in Mysuru and Bengaluru by the investigation wing of the department.

These contractors are linked to public works jobs rendered by them on government tenders, they said.

The department had last week said, has that it has “gathered details of all contract payments made in the last quarter of the completed financial year in the state and is making a comparison with previous years for identifying abnormal cases.”

This data is being co-related with all bank transactions and available cash withdrawal intelligence, it had said.

It had said that as part of the enhanced alertness in the wake of the single-phase polling scheduled on May 12, the investigation wing of the department in Karnataka and Goa has “stepped up its surveillance and monitoring activities”.

In an instance unearthed recently, the department claimed a contractor in one of the districts of the state was searched and it was found that “he had made payments to another person who in turn had withdrawn cash from the amount transferred”.

“The cash withdrawn of Rs 55 lakh was seized and the contractor also admitted to concealment of Rs 16 crore,” it had said.

The counting of the votes for the 224-member Assembly is scheduled on May 15.

The EC has appointed a number of election expenditure observers in Karnataka, apart from other central observers, to keep a check on black money and illegal inducements used to bribe voters.

It had said that Rs 2,000 and 500 notes constitute 97 percent of the Rs 4.13 crore cash that the tax sleuths have seized in poll-bound Karnataka till now.

The revelation came in the backdrop of a cash crunch being witnessed across various regions in the country as a number of ATMs had gone dry.

Also Read: Siddaramaiah accuses Modi govt of misusing I-T department in poll-bound Karnataka

Comments

Kumar
 - 
Tuesday, 24 Apr 2018

Feku using his power against cong ruling states.

Sandeep
 - 
Tuesday, 24 Apr 2018

Modi ji started his work

Yogesh
 - 
Tuesday, 24 Apr 2018

Great doing Modi ji. See Modi ji seizing black money

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News Network
April 7,2020

Bengaluru, Apr 7: The Karnataka Government indicated today that it is too early to take a call now on lifting the nation-wide lockdown but said it’s in favour of its extension in COVID-19 hotspots in the country by at least an additional two weeks.

“We need to see for another few days before taking final call,” Medical Education Minister Sudhakar K, who is in-charge of all matters related to COVID-19, told news agency Press Trust of India when asked if the State is in favour of the rollback after the 21-day period ends on April 14.

The minister opined that the decision on its withdrawal should be based on the COVID-19 pandemic situation at the time in terms of number of cases and response to the outbreak.

When the lockdown is lifted, it has to be in a staggered and phased manner, and not at one go, Mr Sudhakar stressed.

“Where there are red alerts and zones, those zones, in my opinion, should continue to be in a lockdown situation at least for two weeks…till this month-end, I will request them (the Centre) to do this,” he said.

The Telananga Chief Minister K Chandrasekhar Rao on Monday appealed to the Prime Minister Narendra Modi to extend the 21-day national lockdown imposed to contain COVID-19 outbreak beyond April 14, saying it was essential to save lives.

Mr Sudhakar said the Karnataka government is facing financial challenges because of drastic fall in revenues due to the lockdown, adding, it would take “tough decisions” to cut expenditure.

The Finance Department is in the process of evaluating the state’s fiscal position.

“Finance department is gathering information…what is the need now, what should be the overall expenditure, how much we can save; financial support for unorganised and organised sector, along with stimulus to other sectors, we have to see where we stand financially,” the minister said.

“Based on that, we have to take certain steps for sure because after all the government runs on the exchequer money. Once the exchequer is stopped because of lockdown, we are not getting GST, no motor vehicle tax. No tax money is coming.”

Government also has to run right? he said.

He said commitment and obligations with regard to paying interest on loans taken at the national and international level would have to be met.

“So, there are some financial constraints, and financial challenges before the government. The Government will take tough decisions only after studying the entire finance (position of the State).”

The Telangana government last week announced pay cut for government employees.

The Union Cabinet on Monday approved a 30 per cent cut in salaries of all Members of Parliament and a two-year suspension of the MP Local Area Development (MPLAD) scheme.

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coastaldigest.com news network
June 21,2020

Udupi, June 21: A graduation student, who had attempted suicide two weeks ago under depression following the postponement of examinations due to covid-19, breathed his last at a private hospital yesterday. 

The deceased has been identified as Shakuntala, a final year degree student of First Grade College, Muniyal. She was a resident of Mathibettu near Vagranga in Hebri taluk. 

According to sources, she had studied hard to clear the examinations. The postponement of examinations led her to depression.  

She consumed poison at her house on June 8. She was immediately rushed to Manipal hospital where she breathed her last on June 20. A case has been registered in Hebri Police Station. 

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News Network
February 18,2020

Bengaluru, Feb 18: Passengers of the Ahmedabad bound GoAir flight had a providential escape when the engine of the aircraft while on the roll of take-off hit by a foreign object at the Kempe Gowda Bengaluru International Airport on Tuesday.

'The right engine of GoAir flight G8 802 from Ahmedabad to Bengaluru is suspected to have suffered from foreign object damage (FOD) while on take-off roll,' an official statement said.

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