Shivakumar questioned at Bengaluru I-T office for 3 hours

Agencies
August 7, 2017

Bengaluru, Aug 7: Karnataka minister D K Shivakumar today appeared before the Income Tax department officials at the IT office here in connection with the raids conducted at various properties linked to him last week.

After being grilled by the officials for three consecutive days in connection with an alleged tax evasion case, the state power minister was issued summons to appear before the Income Tax department today for questioning.

Shivakumar, who appeared along with his brother and Bengaluru Rural MP D K Suresh, said the officials might call him again, whenever required.

"The Income Tax authorities have every right to summon and question any assesse, businessman or individual. I have come here several times earlier also. They had asked me to appear anytime after 11 am, so I have come here," he said.

He added that the IT officials discussed his earlier statement and treated him "very respectfully". "They are guiding me for my good," said Shivakumar.

He added that the officials did not ask him to come tomorrow or the day after and said they would inform him whenever required.

In a swoop down that has stirred a political controversy, the IT department, on August 2, began raiding various properties linked to Shivakumar, who hosted 44 Gujarat Congress MLAs at a resort on the city outskirts, to thwart the "poaching" attempts by the BJP ahead of tomorrow's Rajya Sabha polls in that state.

Ahmed Patel, the political secretary to Congress chief Sonia Gandhi, is a contestant in the election to the Upper House of Parliament from Gujarat.

During the IT raids at about 66 places across the country, the officials said they had seized cash and jewellery, worth over Rs 15 crore.

The IT department is yet to make an official statement regarding the outcome of the raids.

Asked about the 'panchnama' (seizure list) and details of the reported recoveries made by the IT sleuths, Shivakumar said, "I have asked for it. My auditor has to apply for it...they (IT officials) have asked us to apply in accordance with the procedure. I will ask my auditor to collect it."

Not divulging any details of the raids, Shivakumar, soon after the raids ended on Saturday, had said he would speak to the media in detail, only after getting the 'panchnama'.

Astrologer Dwarakanath and MLC S Ravi, considered close to the minister, also appeared before the IT officials for questioning today.

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News Network
May 2,2020

Mangaluru, May 2:  Dakshina Kannada district administration has taken steps to quarantine people returning after having lost their jobs in foreign countries.

Marriages hall, general halls and hostels are being identified for the purpose, a source said.

Official said that Coronavirus scare also has forced many people from foreign countries, those in including Gulf countries, to return to their native villages.

The Gulf countries are also sending back those staying illegally there. 

Once the flight services resume, thousands of people are likely to return to the country.

Meanwhile, DK deputy commissioner Karnataka held a video conference with Chief Minister BS Yediyurappa.

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coastaldigest.com web desk
June 27,2020

New Delhi, June 27: The Prime Minister Narendra Modi-led union government of India is not ready to stop all imports from aggressive China in spite of mount calls to boycott Chinese products in India.

The Centre is reportedly considering to stop only non-essential imports from the neighbouring country.

However, the Inward shipment in sectors such as automobiles, pharmaceuticals, certain electronics and others will continue until a domestic alternative is found.

“India will gradually move towards import substitution. It will not happen overnight. In the meantime, attention has to be paid on production and job creation. We cannot throttle our industry. There are certain absolutely essential imports. Needless to say, those will keep going,” official sources said.

Sources said that both the government and the industry are in the process of identifying products that can be domestically manufactured in the medium term. There are certain chemicals, automotive components, handicrafts, cosmetics, agriculture items and certain consumer electronics, which can be manufactured domestically in the short to medium term. The government is doing all it can to raise the capacity of domestic industries.

However, there are certain other imports in the automobile and the pharmaceutical sectors which cannot be done away within the short to medium term. Their domestic production at the moment may not be that cost-effective.

The six-crore strong traders’ body CAIT has been at the forefront of such a demand and has launched a campaign to celebrate Indian Diwali this year with a total absence of Chinese goods.

“Ease of doing business, capital availability at lower rates and globally competitive logistics and energy costs are some of the prerequisites that the government should look into to ensure the growth of the domestic auto component industry,” according to Automotive Component Manufacturers Association of India (ACMA) Director General Vinnie Mehta.

Maruti Suzuki Chairman R C Bhargava said, “People who are boycotting Chinese goods have to remember that in some cases it may lead to their being asked to pay more for the same product."

Meanwhile, domestic rating agency Acuite Ratings & Research has analysed the current import portfolio from China and found 40 sub-sectors have the potential to lower their import dependency on China. These sectors contribute to $33.6 billion worth of imports from China and about 25% of these imports can be substituted by local manufacturing without any significant additional investments.

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News Network
June 2,2020

Mangaluru, Jun 2: The Karnataka Muzarai department, whose main income comes through temple and other religious places of worship, has incurred a loss of Rs 600 Crore in revenue during the lock-down, Minister for Muzrai Kota Srinivas Poojary said on Monday.

Addressing reporters here, he said the Kollur Sri Mookambika temple alone lost revenue of about Rs 14 crore it was earning during April and May.

Around 300 A and B grade temples under Muzrai (Hindu religious institutions and charitable endowments) department in the State lost around 35 per cent of their annual income, he said.

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