Players' auction for Mangalore Premier League 2016 held

[email protected] (CD Network | Suresh)
October 7, 2016

Mangaluru, Oct 7: Promising all-rounder Naveen MG and right-hand opener batsman Mohammed Taha saw fierce bidding among several franchises with Udupi Tigers and Coastaldigest.com picking up the two icon players for Rs 75,000 and Rs 70,000 respectively.

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This was the scene at the players' auction for the upcoming Mangaluru Premier League-2016 held at Fiza Forum Mall in the city on Friday evening.

Zeeshan Ali (sold to Suratkal Strikers for Rs 70,000), Sadiq Kirmani (sold to United Ullal for Rs 65,000) and B Akhil (sold to President Sixers Kundapur for Rs 60,000) were some of the other costly players to go under the hammer.

The players were divided into four categories for the auction: Under Icon' category there were 33 KPL players from whom each of the 12 franchises had to pick two players mandatorily. Players from Mangaluru Zone of Karnataka State Cricket Association were divided into A', B' and C' categories.

Karnataka Regional Cricket Academy (KRCA) office bearers Sirajuddin and Imthiyaz led the auction process.

Each franchise was supposed to purchase all the players through auction within the purse of Rs 2.5 lakh. However, apart from the players who went under hammer, the MPL organisers have also given each franchise the right to buy one owner's choice player for any amount.

Stage programme

Prior to the auction, a formal stage programme was held wherein Coastalwood hero Arjun Kapikad was centre of attraction.

Lauding MPL for setting cricket mood in the coastal city, Arjun said the event has transcended boundary with people, especially cricket lovers in Bengaluru often discussing about it.

He also appealed to the gathering to make time to watch his forthcoming movie Barsa' which would hit screens on October 13. A clipping of the film was also screened ahead of the launch of bidding process.

Ismail from RealTech group, Zaheer from Al Muzain group and Mohammed Mansoor were among the guests. Ramakrishna welcomed the gathering while Imthiaz proposed vote of thanks.

The T20 tournament is being organised by the KRCA from December 17 to 31 this year at B R Ambedkar Cricket Stadium, Panambur, in association with RealTech and Mangalore Occasionals and with the approval and guidance of KSCA.

The 12 franchises are: Surathkal Strikers, Coastaldigest.com, United Ullal, Udupi Tigers, Karavali Warriers, President Sixers Kundapur, Kankanadi Knight Riders, Team Elegant Moodabidri, Red Hawks Kudla, Karkala Gladiators, Spark Avengers Bolar and Maestro Titans.

Also Read: List of sold players at MPL-2016 auction

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News Network
July 19,2020

Kasaragod, Jul 19: An accused in a case registered under the Protection of Children from Sexual Offences (Prevention) Act (POCSO) killed self minutes before being shifted to the jail on Sunday.

Police sources said the criminal, Shaiju, was admitted to Covid-19 observation ward after he was arrested and remanded to judicial custody after he was charged with a case under POCSO for unnatural sex with a neighbour boy recently.

The accused had made a similar attempt last month but was implicated in a case after his treatment.

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News Network
April 2,2020
Bengaluru, Apr 2: About 1,500 people from Karnataka might have attended the Tablighi Jamaat event in Nizamuddin in the national capital between March 8 to 20. Of these, the State has been able to trace 800 people.
 
Of the 800 persons, 143 people have been found to be symptomatic.
 
Mr Jawaid Akhtar, Additional Chief Secretary (Health and Family Welfare), in a statement here on Thursday said that the Centre had sent the list of 1,500 people to the State.
 
“We cannot say if all these have attended the congregation. Some of them may have attended and some may be the contacts of those who have attended. We have been able to trace 800 from the list and samples of 143 symptomatic persons have been sent for tests."

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  • Coastaldigset.com is not responsible for its readers’ comments.
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News Network
February 1,2020

New Delhi, Feb 1: The budget is a little more demanding of the non-resident Indian. Firstly, to be categorized a non-resident, an Indian now has to stay abroad for 240 days, against 182 previously. In other words, an Indian national, to claim the non-resident status, can’t stay in India for 120 days or more in a year.

“We've made changes in Income Tax Act where if an Indian citizen stays out of the country for more than 182 days, he becomes non-resident,” said Revenue Secy Ajay Bhushan Pandey. “Now in order to become non-resident, he has to stay out of the country for 240 days.”

The second rule is more deadly: a non-resident Indian, who is not taxed in the foreign country, will become taxable in India.

“If any Indian citizen is not a resident of any country in the world, he'll be deemed to be a resident of India and his worldwide income will be taxed,” said Pandey.

"It's a very big disadvantage for Indians residing overseas only to save on tax,"  said Dinesh Kanabar of Dhruva Advisors. He expects that many Indians stay abroad in countries, where the income tax is low or nil such as Dubai. Now they will be taxed in India if they are in the income tax bracket.

For Indians, finance minister Nirmala Sitharaman revised income tax rats and proposed new tax slabs.

The new income tax rates will, however, not allow exemptions under Section 80C. Home loan exemption, insurance exemptions, the standard deduction will also not stay under the regime.

"The new tax regime will be optional and the taxpayers will be given the choice to either remain in the old regime with exemptions and deductions or opt for the new reduced tax rate without those exemptions," Sitharaman said while unveiling Budget.

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Kannadiga
 - 
Saturday, 1 Feb 2020

Good news NRIs vote for modi . 

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