Raids lead to Rs 409 crore unaccounted cash receipts: Tax dept

Agencies
October 19, 2019

Chennai, Oct 19: The Income Tax department on Friday said searches in the premises of a group of firms founded by spiritual guru 'Kalki' Bhagwan has led to unearthing of unaccounted cash receipts to the tune of Rs 409 crore.

The premises of a conglomerate of trusts and companies founded by the spiritual guru that ran 'wellness courses' at Varadaiahpalem in Andhra Pradesh, Chennai and Bengaluru were searched on Wednesday.

During the searches, evidence has been found that the group has been regularly suppressing its receipts at its various centres or ashrams, a tax department release said.

'It is learnt that the group also earned unaccounted income in receiving cash from property sales over and above documented values.

A preliminary estimate of such unaccounted cash receipts is Rs 409 crore from Financial Year 2014-15 onwards,' the release added.

The tax department, however, refrained from naming Kalki Bhagwan and instead confined itself to describing him as a spiritual guru with 'oneness' philosophy.

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Agencies
May 12,2020

New Delhi, May 13: Prime Minister Narendra on Tuesday announced Rs 20 lakh crore special economic package for the country to be 'self-reliant' and deal with COVID-19.

"I announce a special economic package today. This will play an important role in the 'Atmanirbhar Bharat Abhiyan.' The announcements made by the government over COVID, decisions of RBI and today's package totals to Rs 20 lakh crore. This is 10 per cent of India's GDP," said Prime Minister Modi in his address to the nation. The Prime Minister said that humanity would not accept defeat from the coronavirus but the people have to stay safe and move forward.

"We had never seen or heard about such a crisis ever before. This is definitely unimaginable for mankind. It is unprecedented. But humanity will not accept defeat from this virus. We have to not only protect ourselves but also move forward," he said.

Talking about the gravity of the virus, Modi said: "It has been four months the world is fighting COVID-19. More than 42 lakh people from different countries have been infected by COVID-19. More than 2.75 lakh people have lost their lives due to the virus. In India too many families have lost their dear ones, I express my condolences to them."

"Today when the entire world is in crisis, we will have to further firm our resolve," he added.

The Prime Minister on Monday held a video conference meeting with Chief Ministers of all states to discuss the road ahead in India's fight against COVID-19 and noted that he was of the firm view that measures needed during the third phase of lockdown will not be needed in the fourth phase.

Prime Minister Modi had said the need was to reduce the transmission rate of the disease and to increase public activity gradually while adhering to all the guidelines and efforts to be made towards achieving both these objectives.

The phase three of the lockdown is coming to an end on May 17.

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News Network
March 7,2020

Palghar, Mar 7: Police have arrested a man for allegedly cheating several shopkeepers in Maharashtra's Thane, Pune and Nashik by making phone calls in a woman's voice, police said on Friday.

The accused, Shashikant Ambekar (42), a resident of Palghar, was arrested in the last week of February, they said.

"He used to note down the phone numbers mentioned on different shops and call the owners in a woman's voice to order some things from them. He would tell them that he had a Rs 2000 currency note and needed change," an official said.

"He would ask the shopkeepers to send smaller denomination notes for exchange. He would wait at the entrance of buildings and when the delivery man arrived, he used to tell that he was there on behalf of the ''caller woman''.

"He would then take the currency notes from the delivery man saying he would get the Rs 2,000 note from the woman. However, he would disappear from the scene," the official said.

Police have seized Rs 1,85,000 from the accused and found that so far he has committed 22 similar crimes in different parts of the state.

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News Network
January 8,2020

Howrah, Jan 8: Following the 'Bharat Bandh' called by trade unions, protesters blocked railway tracks in Howrah and Kanchrapara in North 24 Parganas on Wednesday.

They raised anti-government slogans and criticised the Center for its policies. They were holding placards, posters and banners against the government.

Commuters faced difficulties as bus services were also affected. CPI (M) protesters also stopped the operation of state transport buses. In Odisha, the public agitation started around 6 am at Talcher, Bhubaneswar, Brahmapur, Bhadrak and Kendujhargarh.

Due to the protests, the following trains are detained enroute at different stations --Bhadrak-Brahmapur passenger at Bhadrak, Kendujhargarh-Bhubaneswar passenger at Kendujhargarh, Bhubaneswar-Balangir InterCity at Bhubaneswar, Howrah-Yesvantpur Express at Brahmapur, Ichhapur-Cuttack MEMU at

Brahmapur and Puri-Rourkela passenger at Bhubaneswar.

The ten central trade unions including Centre of Indian Trade Unions (CITU), Indian National Trade Union Congress (INTUC), among others have given the call for strike with a 12-point charter of demand. Trade union Bharatiya Mazdoor Sangh (BMS) is not taking part in the strike.

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