Declare undisclosed income, assets by Sept 30, it's last chance: Modi

June 26, 2016

New Delhi, Jun 26: Sharing his thoughts with the nation through his 'Mann Ki Baat' radio programme, Prime Minister Narendra Modi on Sunday said the 'Beti Bachao, Beti Padhao' campaign has touched many lives and the results of various examinations show how women are excelling.

modiOn the occasion, PM Modi congratulated the country for having the first batch of women fighter pilots inducted into the Air Force. “On 18th June, first batch of women fighter pilots inducted in Air Force, we feel very proud, I congratulate them and their families,” he said.

“Yesterday in Pune I met college students who made one of the satellites that was launched by ISRO.

“This satellite signifies the skills and aspirations of the youth of India," PM Modi said.

He said that there was a need for more youth to choose science and research as their profession.

"I feel proud to see the contribution of our young students's contribution in the field of science and technology. I want more and more students of the country to ... and choose science and research as their profession," PM Modi said.

“The two satellites built by students and launched by ISRO are very important and special for me. This is a classic example of high ambitions of Indian youth,” he said his 21st edition of the Mann Ki Baat programme.

PM Modi said that the Indian Space Research Organisation (ISRO) had made the country proud.

"The matter of pride in the recent launch of the satellites was that 17 out of the 20 were the satellites of the foreign countries. Isn't this great. Our scientists are working hard to take our country to new heights," the prime minister stated.

“Like our farmers, our scientists too are working hard to take our country to new heights.

“For the last few weeks we have got positive news about rainfall in various parts of the nation.

“Scientists have forecast a good monsoon, I give my best wishes to my farmer brothers,” PM Modi said.

PM Modi also highlighted the success of the International Day of Yoga events across the world.

“Yoga has the power to connect the entire world, if only each one of us connect ourselves with Yoga. The International Yoga Day on June 21 was celebrated at over 1 lakh places in our country with enthusiasm,” he said.

PM Modi also asked people to declare their undisclosed income by September 30, making it clear that this is the last chance to avoid problems that will follow after the window of opportunity closes.

He said no questions would be asked about the source of the undisclosed income or assets if the declaration is made voluntarily by September 30.

"For those having undisclosed income, the government has provided a special chance to declare it by September 30," Modi said.

He said by paying a penalty, those having undisclosed money can free themselves from various kinds of burden.

"I have promised that there will be no inquiry into the source of the undisclosed income and assets if the declaration is made voluntarily. That is why I am saying it is a good chance for becoming a part of transparent system," he said.

"Let me tell the countrymen that this chance is till September 30. Consider this as the last chance," the Prime Minister asserted during the programme.

He said he has told BJP MPs that if anybody faces any problem after September 30 for not abiding by the rules, no help should be provided to them.

"It will be better that you take advantage of the window provided and save yourself from the difficulties that you can face after September 30," he said.

Modi said there was a time when taxation rules were such that people would tend to avoiding paying taxes.

"But gradually, times changed. Now, for a taxpayer, it is not much difficult to abide by the government rules. Still, old habits die hard," he said, adding there are still people who feel that it is better to avoid paying taxes.

"My plea is that by running away from rules, we lose our peace. Any small person can harass us. Why should we let it happen? Why not ourselves give correct information to the government about our income, about our wealth? For once, dispose off the baggage of the past. I appeal to my countrymen to get free from this," he said.

Comments

Suresh
 - 
Sunday, 26 Jun 2016

All our tax money already spend for foriegn tours. Even a signle deal is not happened by these tour. Instead of going on foriegn trip, we should be united and sstrong so that other countries should come to us. So no need to go there and convince them. Our Previous PM is one of the best PM to whom all other country Heads were asking guidence. By performing Yoga people can't live. People need basic things like food and water and shelter.

PK
 - 
Sunday, 26 Jun 2016

Cheddis and baba Ramdev should come forward first to disclose and be an example.... We look forward

Fakumodi
 - 
Sunday, 26 Jun 2016

Get lost. eaten our all tax money. now u want share in oue income also

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News Network
May 29,2020

Bengaluru, May 29: A cost-effective state of the art glove box testing booth for swab collection was inaugurated by Karnataka Medical Education Minister Dr K Sudhakar at Victoria hospital.

Inaugurating the specially designed booth for safer, easier and quicker testing, Medical Education Minister Dr Sudhakar said that the portable booths can be used at border check posts and hot spots.

"The testing method involves the collection of samples from inside a box of aluminium and glass. The suspected corona virus-infected individual, whose samples are being taken, has to walk up to the booth and stand in front of the glass exterior. The healthcare worker inside the kiosk collects the sample and then, follows the sanitisation process before proceeding to take the next sample. The collection process, fully contactless, gets over in five minutes," the Minister said.

Dr Sudhakar also said: "This booth significantly reduces manpower requirement and the need for PPE kits. The main advantages of this procedure are that it needs fewer healthcare workers and strictly adheres to the norms of social distancing. 

The booth is low-cost. Each model costs about Rs 15,000-20,000."
It is also portable and can be mounted on a vehicle and transported to any location.

It can be particularly useful for collecting samples in hot spots and border checkpoints, he added. 

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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News Network
May 4,2020

The government of India today said it will begin evacuating its nationals stuck abroad due to the coronavirus pandemic from May 7 in a phased manner. This facility would be made available on payment basis. 

A Standard Operating Protocol has been put in place and the travel would be arranged by aircraft as well as naval ships and will be available on a payment-basis, the government said.

"Medical screening of passengers would be done before taking the flight. Only asymptomatic passengers would be allowed to travel. During the journey, all these passengers would have to follow the protocols, such as the health protocols, issued by the ministry of health and the ministry of civil aviation," it said in a statement.

Specifying the protocols upon entry in India, the government said the returning Indians would be medically screened and will have to be quarantined for 14 days, either in a hospital or in an institutional quarantine on payment-basis, by the respective state government.

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