Baba Ramdev trusts asked to pay Rs.5 crore for alleged tax evasion

November 11, 2012

baba_ramdev

New Delhi, November 11: The Government has slapped a notice of Rs.five crore demand on trusts run by Baba Ramdev in connection with alleged service tax evasion while organising their yoga camps.

Claiming that shivirs (camps) undertaken by Patanjali Yoga Peeth and Divya Yoga Trust in Haridwar were commercial activity, the Revenue department has raised a demand of Rs.5.14 crore payable on fees collected from individuals for learning Yoga, officials said.

"The Directorate General of Central Excise Intelligence has sent notices for alleged service tax evasion to the tune ofRs.5.14 crore late last month. The demands have been raised for its assessment for period between 2007-08 and 2011-12," a Finance Ministry official said.

When contacted,Ramdev's spokesperson S K Tijarawala said the trusts and its activities like conducting yoga shivirs are exempted from service tax net as they are doing charitable activities for medical relief.

"Trusts' activities are barred from service tax as it is for the purpose for providing medical relief to poor. We do not have any thing to hide," he contended.

According to the Finance Ministry official, the notices were issued late last month after it found substantial documentary evidence that the trusts were avoiding service tax by conducting semi and fully residential yoga camps and calling them charitable in nature and thus claiming exemption.

"The trusts were taking donations from participants of yoga shivirs. They were also conducting a residential yoga camps through Swami Shankardev Vanprastha Asharam scheme," the official said.

The notices, issued to the trusts, also mentioned that the Finance Ministry is in the process of cancelling the Income Tax exemption status given to Ramdev trusts.

Thousands of people participate in the yoga camps conducted across the country by Swami Ramdev and trusts managed by him.

Ramdev, who is leading a campaign against black money in the country, also manages trusts which manufactures and sells ayurvedic medicines in India and abroad.

The yoga guru has declared capital ofRs.426.19 crore involving four trusts run by him-- Divya Yoga Mandir trust (Rs.249.63 crore), Patanjali Yoga Peeth trust (Rs.164.80 crore), Bharat Swabhiman trust (Rs.9.97 crore) and Acharyakul Shiksha Sansthan (Rs.1.79 crore).


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News Network
July 1,2020

New Delhi, Jul 1: Jet fuel or ATF price on Wednesday was hiked by 7.5 per cent, the third increase in a month, while petrol and diesel rates were unchanged for the second day in a row.

Aviation turbine fuel (ATF) price was hiked by Rs 2,922.94 per kilolitre (kl), or 7.48 per cent, to Rs 41,992.81 per kl in the national capital, according to a price notification by state-owned oil marketing companies.

This is the third straight increase in ATF prices in a month. Rates were hiked by a record 56.6 per cent (Rs 12,126.75 per kl) on June 1, followed by Rs 5,494.5 per kl (16.3 per cent) increase on June 16.

Simultaneously, non-subsidised cooking gas LPG rates were increased by Re 1 to Rs 594 per 14.2-kg cylinder in the national capital. Prices were up by Rs 4 in other metros mostly because of different local sales tax or VAT rate.

On the other hand, petrol and diesel prices were unchanged for the second day in a row.

This, after diesel rates scaled a new high after prices were hiked 22 times in just over three weeks.

In Delhi, a litre of petrol comes for Rs 80.43 per litre, while diesel is priced at Rs 80.53 per litre.

Rates vary from state to state depending on the incidence of local sales tax or VAT.

While the diesel price had been hiked on 22 occasions since June 7, petrol price had been raised on 21 occasions.

The cumulative increase since the oil companies started the cycle on June 7 totals to Rs 9.17 for petrol and Rs 11.14 for diesel.

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News Network
March 9,2020

New Delhi, Mar 9: Petrol and diesel prices registered a drop across the country on Monday as global oil prices plummeted around 30 per cent after Saudi Arabia slashed prices and set plans for a dramatic increase in crude production in April.

In New Delhi, petrol price fell by 24 paise intra-day and stood at Rs 70.59 per litre. Diesel in the national capital was retailed at Rs 63.26 per litre on Monday as against Rs 63.51 on Sunday.

The retail price of petrol in Kolkata saw a drop of 23 paise to Rs 73.28 per litre. The diesel price fell by 25 paise in the eastern metropolitan city to retail at Rs 65.59 per litre.

In Mumbai, petrol price was Rs 76.29 per litre as against Rs 76.53 a day earlier. Diesel was retailed at Rs 66.24 per litre, 26 paise lower than on Sunday.

In Chennai, petrol was retailed at Rs 73.33 per litre, 25 paise lower than a day earlier. Diesel price saw a fall of 26 paise to retail at Rs 66.75 per litre in the southern metropolitan.

Global crude oil prices fell by as much as a third following Saudi Arabia's move to start a price war with Russia amid worries over the spread of coronavirus.

Brent crude futures were down 13.29 dollars or 29 per cent at 31.98 dollars a barrel by 04:33 hrs GMT after earlier dropping to 31.02 dollars, their lowest since February 12, 2016.

Brent futures were on track for their biggest daily decline since January 17, 1991 at the start of the first Gulf War.

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News Network
May 19,2020

New Delhi, May 19: In a fresh blow to saffronite journalist Arnab Goswami, the Supreme Court of India today rejected his plea seeking transfer of the investigation of a case, filed against him for defaming Congress interim president Sonia Gandhi, to the CBI. The court also refused to quash the FIRs filed against him.

Goswami, editor-in-chief of Republic TV, has been booked in connection with a TV show on the gathering of migrants outside Bandra railway station on April 14. This apart, multiple FIRs have been filed against him for his show on Palghar lynching. In that show, he had posed certain questions on the incident to Congress President Sonia Gandhi, following which Congress workers lodged complaints against him in various states.

Extending Goswami’s interim protection from arrest by three weeks, the Supreme Court said, “Right of a journalist under 19 1 (a) higher…Free citizens can’t exist if news media can’t speak.”

During the earlier hearing, Senior Advocate Harish Salve, appearing for Goswami, had urged the court to transfer the probe to an agency like CBI. He said the “nature of the” second FIR against Goswami over a show on the migrant gathering outside Bandra station on April 14 “shows that it’s arm-twisting tactic”. 

“They are trying to stifle an unpleasant voice. This is a political party targeting a journalist. All complainants are members of one political party. They have a problem with the government. They want to teach this journalist a lesson,” he added.

Objecting to Salve’s plea to transfer the case to the CBI, Maharashtra government counsel, Senior Advocate Kapil Sibal, had said, “CBI investigation will go into your hands”. 

Sibal denied that Goswami was being harassed and said he was only asked relevant questions. He said Goswami should “stop this communal violence and communal mongering”.

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