Anitha and Kumaraswamy declare total assets worth Rs. 167.31-cr

News Network
October 16, 2018

Bengaluru, Oct 16: Chief Minister H D Kumaraswamy and his wife Anitha Kumaraswamy have declared total assets worth Rs. 167.31 crore.

The assets and liabilities affidavit filed by Ms. Anitha on Monday for the Ramanagaram byelection showed the couple owning assets to the tune of Rs. 167.31 crore, including nearly Rs. 43 crore of movable and immovable assets belonging to the CM.

A comparison with Ms Anitha’s affidavit and the affidavit filed by Mr Kumaraswamy on April 21 shows a difference of Rs. 21 lakh. However, their liabilities have come down by nearly Rs. 9 crore — from Rs. 104.87 crore, including Rs. 2.94 crore for the CM, to Rs. 96.93 crore, which includes Mr. Kumaraswamy’s liability of Rs. 2.97 crore.

Mr. Kumaraswamy had declared his and Ms. Anitha’s total assets to be worth Rs. 137.8 crore in 2013, with liabilities of Rs. 62.12 crore.

Ms. Anitha has declared herself an entrepreneur involved in the business of petroleum products and film production. She has made investments to the tune of Rs. 68.72 crore in Kasturi Media Pvt. Ltd., which runs Kannada channels. Her movable possessions, besides cash, investment and jewellery, include a Harley Davidson bike.

Her opponent and BJP candidate L. Chandrashekar has declared total assets of Rs. 10.20 crore.

Comments

Jaguar
 - 
Tuesday, 16 Oct 2018

on his son's nikhil gowda's movies he had spent around 100 crores and now declaring very less assets. he s the king boss of around 1000 crores. Next IT attack on him for sure..

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News Network
February 25,2020

Belagavi, Feb 25: Left Parties will launch countrywide door-to-door campaign from March 1 to 23 against Citizenship (Amendment) Act (CAA), National Population Register (NPR), National Register of Citizens (NRC), Communist Party of India (M) General Secretary Sitaram Yechury said on Tuesday.

Addressing a press conference here, he said that CPI (M) and other Left parties were participating in the awareness programme that will conclude on March 23, on the martyrdom day of Bhagat Singh, Chandrashekar and Rajguru.

"Till now 13 states have expressed their opposition for NRC and will not implement it, which means more than fifty per cent of country will not have it," he added.

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News Network
June 26,2020

Bengaluru, Jun 26: Karnataka's Commercial Taxes Department has sealed off an undeclared warehouse with imported goods worth Rs 4 crore in Bengaluru and found 60 GST registrations linked to a Chinese national from Wuhan.

The tax department officials found 25,446 China-made electronic and fast-moving consumer goods worth Rs 4 crore stored in the warehouse which was not declared to the tax authorities.

Commissioner of Commercial Taxes MS Srikar said in a statement that the officers noticed that one person from Wuhan City, China, got the premises in Bengaluru on lease.

They also found that about 60 registrations (both central and state jurisdictions) under the GST Act, in the name of a number of persons for online trading of imported China-made goods, had a single address which was vacant.

Most of the registrations were found irregular in the filing of returns and payment of tax. Majority of the firms either filed nil returns or were non-filers. The registration data showed that one business was registered in 2017-18, 43 in 2018-19, 14 in 2019-20 and two in 2020-21. Most of the 60 firms were private limited companies and 24 persons were interchangeably directors in 58 firms.

At the time of raid, neither the lessee, the Chinese national, nor any of the other 59 registered taxable persons were available at the business premises and no one came forward to participate in the proceedings in spite of providing sufficient time.

It is learnt that the Chinese national is operating the business from Wuhan City since January 2020 with the assistance of some of his agents/employees in Bengaluru.

It has also been learnt that multiple registrations are being taken for a better rating on e-commerce platforms, Srikar said.

The raids were led by Nitesh K Patil, Additional Commissioner, Enforcement, South Zone.
The Commercial Taxes Department is closely watching the genuineness of newly registered persons and conducting post-registration verification visits.

Any registration taken with mala fide intention of evading taxes will be dealt with seriously, the Commissioner said. 

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coastaldigest.com news network
May 29,2020

Mangaluru, May 29: Even as the thousands of Indian expatriates in Saudi Arabia are waiting for repatriation flights to return to India, a few NRI entrepreneurs are sending home their employees through chartered flights. 

The government of India on May 21 had formally approved the repatriation of stranded Indian expatriate workers through chartered flights arranged by their employing companies particularly in Gulf region and elsewhere. 

Expertise Contracting Co. Ltd headed by K S Sheik and Al-Muzain Est. headed by Zakaria Jokatte are among those who have hired charter flights to repatriate hundreds of employees to India amidst corona lockdown. 

Mr Sheik said that his firm had applied for nine charter flights. "Two of the charter flights will carry 360 people to Mangaluru. Seven other flights will repatriate employees to Delhi, Thiruvananthapuram, Chennai and Hyderabad," he said, adding that the company will bear complete expense of their repatriation and quarantine facility after India. 

Mr Jokatte three charter flights will fly from Dammam to Mangaluru International Airport on June 2, 5 and 8 carrying their employees.

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SANNARUDRAPPA
 - 
Saturday, 30 May 2020

ಸೂಪರ್

 

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