Govt compulsorily retires tax officers over extortion, bribe, sexual harassment

Agencies
June 11, 2019

New Delhi, Jun 11: The government has compulsorily retired almost a dozen senior tax officers on charges ranging from extortion, bribe and sexual harassment.

The axe has fallen on about 12 senior officers of the rank of chief commissioners, principal commissioners, commissioners of income tax department under rule FR (fundamental rule) 56 (j) of central civil services (pension) rules.

The officers include Ashok Agarwal, joint commissioner of Income Tax and former deputy director, ED; S.K. Srivastava, commissioner (Appeal, NOIDA; Homi Rajvansh, IRS 1985 batch; B.B. Rajendra Prasad; Ajoy Kumar Singh; B. Arulappa; Alok Kumar Mitra; Chander Saini Bharti; Andasu Ravinder; Vivek Batra; Swetabh Suman and Ram Kumar Bhargava.

This is major crackdown by Modi government 2.0 on bureaucrats and officials indulging in alleged corruption practices.

Among the key tax officials shown the door is Ashok Agarwal who has remained suspended from 1999 to 2014. He faced serious allegations of corruption and extortion from businessman accused of helping late 'godman' Chandraswami. Agarwal was found to have acquired ill-gotten wealth to the tune of Rs 12 crore and faced a CBI enquiry.

The 1989-batch Indian Revenue Service (IRS) officer has also been retired prematurely as he faced charges of alleged sexual harassment.

Some of the tax officers forced to exit the service acquired movable and immovable properties without obtaining required approvals.

One of the disgraced officer Homi Rajvansh had illegal acquired assets worth Rs 3.17 crore. Finance Ministry sources said Rajvansh was arrested by CBI after absconding from his headquarters to evade arrest.

Another officer B.B. Rajendra Prasad was arrested by the CBI on allegations of passing favourable order for illegal gratifications while S.K. Srivastava, Commissioner (Appeal), NOIDA is accused of sexual harassment to two women IRS officers of Commissioner rank.

In the case of Ajoy Kumar Singh, sources said that CBI, ACB, Mumbai, had registered a disproportionate assets case when Singh was Additional Commissioner of Income Tax, Mumbai. He was also arrested by the CBI in connection with the case and placed under suspension w.e.f. 25.10.2009.

Officers have also been compulsorily retired for incompetence as in the case of B Arulappa. He allegedly proved to be ineffective as a supervisory officer and failed to ensure assignment of important cases having large tax implication to senior and experienced officers. But, ministry sources said that Alok Kumar Mitra is allegedly involved in many cases of corruptions and extortion and passed many wrong and malafide assessment orders which were later on reversed by the appellate authorities.

On the other hand, Chander Saini Bharti was apprehended by CBI in connection with a trap case and the bribe money of Rs 30 lakh was recovered from 'angadiya' (courier) used by him. He was allegedly found using hawala channels for transferring the ill-gotten money.

Swetabh Suman was arrested by CBI in New Delhi on April 13, 2018 for allegedly demanding Rs 50 lakh for giving relief in a shell company matter to a businessman. The amount was recovered from a middle-man and searches were carried out by CBI on the premises linked to Shri Swetabh Suman in Guwahati, Jorhat, Shillong, Noida and Delhi.

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Agencies
January 4,2020

New Delhi, Jan 4: "Sovereign, socialist, secular, democratic republic" is how India is referred to in the preamble of the Constitution. However, J Nandakumar, a key RSS leader and All India Convenor Prajna Pravah, a Sangh offshoot, wants India to reconsider the inclusion of the word "secular", claiming secularism is a "western, Semitic concept".

In an exclusive interview to news agency, Nandakumar said: "Secularism is a western, Semitic concept. It came into existence in the West. It was actually against Papal dominance."

He argued that India does not need a secular ethos as the nation has moved "way beyond secularism" since it believes in universal acceptance as against the western concept of tolerance.

The RSS functionary on Thursday released a book here named "Hindutva in the changing times". The book launch event was also attended by senior RSS functionary Krishna Gopal.

Nandakumar, who has attacked the Mamata Banerjee government in his book for alleged "Islamisation of West Bengal", told IANS: "We have to see whether we need to put up a board of being secular, or that whether we should prove this through our behaviour, actions and roles."

It is for society to take a call on this, rather than by any political class, on whether the preamble to the Indian Constitution should continue to have the word "secular" in it or not, he added.

In between signing his books and obliging wannabe Hindutva cadres with selfies, Nandakumar said that the very existence of the word "secular" in the preamble was not necessary and how the constitution founders too were against it.

"Baba Saheb Ambedkar, Ladi Krishnaswamy Aiyaar -- all debated against it and said it (secular) wasn't necessary to be included in the preamble. That time it was demanded, discussed and decided not to include it," he said.

Ambedkar's opinion was, however, disregarded when Indira Gandhi "bulldozed" the word "secular", in 1976, said the head of the Prajna Pravah, an umbrella body of several right-wing think-tanks

As Nandakumar prepared to return to his base in Kerala, where, he emphasises, the RSS has its work cut out in the "fight against the Kunnor model", he said that the inclusion of "secular" was done with the intent to damage the concept of Hindutva.

"It was to demolish, destroy the overarching principle of Hindutva that binds us together", he said.

Asked whether the Sangh would pressurise the BJP, which has 303 seats in the Lok Sabha, to omit "secular" from the Constitution preamble, Nandakumar smilingly refused to reply.

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News Network
June 16,2020

New Delhi, Jun 16: With an increase of 10,667 cases and 380 deaths in the past 24 hours, the COVID-19 count in India has reached 3,43,091 on Tuesday, according to the Union Health and Family Welfare Ministry.

It is noteworthy that today's spike in cases is lower than the 11,502 registered in the country yesterday and has also stayed below the 11 thousand mark it had been crossing for the past two days in a row.

However, there is an increase in the number of deaths due to the infection from yesterday, with 380 deaths being reported from across the country, the toll due to COVID-19 has now reached 9,900.

The COVID-19 count includes 1,53,178 active cases, while 1,80,013 patients have been cured and discharged or migrated so far.

Maharashtra with 1,10,744 cases continues to be the worst-affected state in the country with 50,567 active cases while 56,049 patients have been cured and discharged in the state so far. The toll due to COVID-19 has crossed the four thousand mark and reached 4,128 in the state.
It is followed by Tamil Nadu with 46,504 and the national capital with 42,829 confirmed cases.

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Agencies
June 22,2020

Mumbai, Jun 22: After downgrading India's outlook to negative from stable, Fitch Ratings on Monday revised the outlook on nine Indian banks to negative.

The outlook on the Long-Term Issuer Default Ratings (IDR) was revised to negative from stable due to the banks' high dependence on the Centre to re-capitalise them.

Accordingly, the IDR outlook of the Export-Import Bank of India, the State Bank of India, the Bank of Baroda, the Bank of Baroda (New Zealand), the Bank of India, the Canara Bank, the Punjab National Bank, ICICI Bank and Axis Bank Ltd have been downgraded to negative.

"At the same time, Fitch has affirmed IDBI Bank Limited's (IDBI) IDR while maintaining the outlook at negative," Fitch said in a statement.

The rating actions follow Fitch's revision of the outlook on the 'BBB-' rating on India to negative from stable on June 18, due to the impact of the escalating coronavirus pandemic on India's economy.

"The IDRs for all the above Indian banks are support-driven and anchored to their respective SRFs," the statement said.

"They are based on Fitch's assessment of high to moderate probability of extraordinary state support for these banks, which takes into account our assessment of the sovereign's ability and propensity to provide extraordinary support."

According to the statement, the negative outlook on India's sovereign rating reflects an increasing strain on the state's ability to provide extraordinary support, due to the sovereign's limited fiscal space and the significant deterioration in fiscal metrics due to challenges from the COVID-19 pandemic.

"The rating action does not affect the banks' Viability Rating (VR). EXIM does not have a VR as its role as a policy bank makes an assessment of its standalone credit profile less meaningful."

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