Shobha Karandlaje demands for CBI probe into alleged multi-billion IMA fraud

News Network
June 14, 2019

Chikkamagaluru, Jun 14: Charging that the State Government is trying to cover-up the multi-crore scam by the I Monetory Advisoty (IMA) which had cheated thousands of investors and the promoter was fled from the country, BJP Lok Sabha member Shobha Karandlaje demanded CBI inquiry to render justice to the poor and innocent people, who had lost their hard earned money.

Speaking to newsmen here on Friday, She said that the State Government by not handing over the IMA fraud case to the Central Agency CBI, is trying to protect the offenders by ordering a SIT probe into the scam.

“It seems the State government had hatched a conspiracy to cover-up the fraud case as the names of the leaders of the ruling party are also allegedly behind the multi-crore scam”, she added.

Comments

Mohammed karandlaje
 - 
Saturday, 15 Jun 2019

Where are you when 32 fraudsters fled from india

Kannadiga
 - 
Friday, 14 Jun 2019

Manippande kull alpa.  Ninanda dhaala averijji or you able or cable to do any developments.  Because of some fraud power  u cheated the public. But in front of creator there will be a equal judgement. So suggestion before any non sense comment first think aboit the creator instead of yeddi and other nagpur team.Other wise na ghar ka na ghaat ka. No one will survive from creators decision. 

 

Jai Hind Jai Tulunaad

 

 

 

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News Network
June 12,2020

Bengaluru, Jun 12: All the four candidates, including former prime minister H D Deve Gowda (JDS), and senior Congress leader Mallikarjna Kharge, on Friday were declared elected unopposed to the Rajya Sabha from Karnataka.

Karnataka Assembly Secretary sources here said that all the four candidates, who were in the fray for as many berths, were elected after the last date of withdrawal of candidature ended on Friday.

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News Network
January 8,2020

Udupi, Jan 8: Senior journalist Raviraj Valalambe passed away due to suspected cardiac arrest on Tuesday night at his residence in Kinnimulki, here. He was 50.

Raviraj was rushed to a hospital after he complained of chest pain. He breathed his last on way to medical facility.

He was the director of Prime TV, a local Kannada news channel.

He had worked as a reporter for ETV and Suvarna News channel earlier.

He is survived by wife and two daughters.

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News Network
May 9,2020

New Delhi, May 9: The Finance Ministry on Friday announced relief to those who have been facing difficulty with their residency status in India under section 6 of the Income-tax Act due to lockdown and suspension of international flights owing to COIVD-19 outbreak, as they have had to prolong their stay in India.

According to a Central Board of Direct Taxes (CBDT) release, Finance Minister Nirmala Sitharaman today allowed discounting of prolonged stay period in India for the purpose of determining residency status after considering various representations received from people who had to prolong their stay in India due to lockdown and suspension of international flights.

They expressed concern that they will be required to file tax returns as Indian residents and not as NRIs after 120 days of stay.

The Finance Ministry stated that the lockdown continues during the financial year 2020-21 and it is not yet clear when international flight operations would resume, a circular excluding the period of stay of these individuals up to the date of resumption of international flight operations shall be issued for determination of the residential status for the financial year 2020-21.

A circular also said that in order to avoid genuine hardship in such cases, the CBDT has decided that for the purposes of determining the residential status under section 6 of the Act during the previous year 2019-20 in respect of an individual who has come to India on a visit before March 22, 2020 and:

(a) has been unable to leave India on or before March 31, 2020, his period of stay in India from March 22, 2020 to March 31, 2020 shall not be taken into account; or

(b) has been quarantined in India on account of novel coronavirus (Covid-19) on or after March 1, 2020 and has departed on an evacuation flight on or before March 31, 2020 or has been unable to leave India on or before March 31, 2020, his period of stay from the beginning of his quarantine to his date of departure or March 31, 2020, as the case may be, shall not be taken into account; or

(c) has departed on an evacuation flight on or before March 31, 2020, his period of stay in India from March 22, 2020 to his date of departure shall not be taken into account."

The release said there are number of individuals who had come on a visit to India during the previous year 2019-20 for a particular duration and intended to leave India before the end of the previous year for maintaining their status as non-resident or not ordinary resident in India.

"However, due to declaration of the lockdown and suspension of international flights owing to outbreak of COVID-19, they are required to prolong their stay in India. The status of an individual whether he is resident in India or a non-resident or not ordinarily resident, is dependent, inter-alia, on the period for which the person is in India during a year," it said.

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