English हिन्दी
Connect with us

India News

Karnataka: IT department seizes Rs 94 crore cash, Rs 8 crore gold, diamond jewellery, 30 luxury watches from real estate developers, government contractors

The searches were launched on October 12 and 55 premises from the department in cities in Telangana and Andhra Pardesh, Bengaluru  and Delhi. The search has resulted in seizure of unaccounted cash of approximately Rs 94 crore, gold and jewellery worth Of Rs 8 crore , total amounting to Rs 102 crore.

Published

on

Karnataka: IT department seizes Rs 94 crore cash, Rs 8 crore gold, diamond jewellery, 30 luxury watches from real estate developers, government contractors

The income tax department has seized Rs 94 in cash as well as gold and diamond jewellery worth   Rs 8 crore and 30 luxury watches after raids on real estate developers and government contractors in Karnataka.

The searches were launched on October 12 and 55 premises from the department in cities in Telangana and Andhra Pardesh, Bengaluru  and Delhi. The search has resulted in seizure of unaccounted cash of approximately Rs 94 crore, gold and jewellery worth Of Rs 8 crore , total amounting to Rs 102 crore.

30 luxury wrist watches of foreign make were found from the premises from a private salaried employee who was not engaged in the business of wrist watches. A war of words on the matter has broken out between Karnataka’s ruling Congress party and the opposition BJP after the recovery of un-accounted cash.

https://twitter.com/as6559280/status/1712842999128871410

BJP state president Nalin Kumar kateel said the money was linked to Congress. Chief Minister Siddaramaiah has said the allegation is baseless. According to the BJP president a large amount of evidence in the form of digital data , hardcopy of documents evidence in the form of loose sheets.

The modus operandi of tax evasion indicates that these contractors were involved in reducing their income by inflation of expenses by booking bogus purchases, non genuine claim of expenses with sub contractors. The irregularities detected in utilization of contract receipts. This has resulted in generation of huge unaccounted cash.

Evidence has been found which show discrepancies in the form of goods receipt note (GRN) validation have been unearthed during evidence and search of huge discrepancies in documentation related to purchases booked and actual physical transport of goods have also been unearthed. These contractors were also involved in booking expenses for non business purposes. It  said evidence related to liaison expenses were seized and large scale unaccounted cash transactions.

India News

In TV speech, PM Modi attacks Congress, TMC, DMK, SP for blocking women’s reservation

PM Modi blames opposition parties after women’s reservation bill fails, calls it a setback for women’s empowerment.

Published

on

In TV speech, PM Modi attacks Congress, TMC, DMK, SP for blocking women's reservation

Prime Minister expresses regret over bill’s defeat, blames opposition parties and says efforts to empower women were stalled

Prime Minister Narendra Modi on Saturday addressed the nation following the defeat of the women’s reservation bill in the Lok Sabha, launching a sharp attack on opposition parties including Congress, Trinamool Congress (TMC), DMK and Samajwadi Party (SP).

In his televised speech, the Prime Minister said that despite the government’s efforts, the bill could not secure the required support in Parliament. He held the opposition responsible for blocking what he described as a significant step towards women’s empowerment in politics.

PM Modi expressed disappointment over the outcome and said that the aspirations of millions of women had been affected by the failure of the legislation. He also conveyed regret that the government’s attempt to ensure greater representation for women in legislatures could not be realised.

The Prime Minister criticised opposition parties for what he indicated was a lack of commitment to women’s empowerment, alleging that political considerations had taken precedence over progress. He urged the public to recognise what he described as an “anti-women” stance taken by those opposing the bill.

The proposed legislation aimed to provide 33% reservation for women in the Lok Sabha and state assemblies, a long-pending reform intended to increase female representation in governance. Its failure marks a significant political setback and has intensified the confrontation between the ruling government and opposition parties.

Reaffirming his government’s commitment, Modi said efforts to strengthen the role of women in politics would continue, despite the setback.

Continue Reading

India News

PM Narendra Modi to address nation at 8:30 pm today, suspense over agenda

Prime Minister Narendra Modi will address the nation at 8:30 pm today, with no official details yet on the topic of his speech.

Published

on

PM Modi

Prime Minister Narendra Modi is set to address the nation at 8:30 pm on Saturday, April 18, in a development that has drawn significant attention across political and public circles.

According to official information, there is no clarity yet on the subject of the address. The Prime Minister’s Office has not disclosed the agenda, leading to speculation about the key issues that may be discussed.

The announcement comes shortly after a major legislative development in Parliament, where a proposed constitutional amendment linked to the women’s quota law failed to pass the Lok Sabha following a division of votes.

Earlier, the Prime Minister had appealed to Members of Parliament to support the amendment, emphasising that millions of women across the country were closely watching the proceedings and decisions taken by lawmakers.

While the timing of the address has been confirmed, officials have not indicated whether the speech will focus on political developments, governance issues, or broader national concerns.

The Prime Minister’s national addresses are typically used to communicate key policy decisions or respond to important developments, making this announcement one to watch closely.

Continue Reading

India News

Priyanka Gandhi alleges conspiracy to rule forever after women’s quota bill fails Lok Sabha test

Priyanka Gandhi termed the failure of the women’s quota bill a victory for democracy while alleging it was a political strategy by the Centre.

Published

on

Congress leader Priyanka Gandhi Vadra on Friday sharply criticised the Centre after the women’s quota amendment bill failed to pass in the Lok Sabha, alleging it was part of a “conspiracy to rule forever.”

Addressing a press conference, she claimed the government had attempted to use the legislation for political advantage rather than genuine women’s empowerment. According to her, the strategy was designed in a way that the ruling side would benefit regardless of the outcome.

She argued that if the bill had been passed, the government would have claimed credit, and if it failed, it would portray opposition parties as being against women’s rights.

Calling the development a “victory for democracy,” she said the failure of the constitutional amendment stopped what she described as an attempt to weaken democratic institutions and alter the federal structure.

The bill required a two-thirds majority to pass but fell short in the Lok Sabha, with 298 members voting in favour and 230 against.

The proposed amendment was linked to broader changes, including delimitation of constituencies, which became a key point of contention between the government and opposition parties. Critics argued that tying women’s reservation to delimitation raised concerns about political advantage and representation balance.

Priyanka Gandhi also described the day as a setback for the ruling alliance, saying it reflected resistance from opposition parties and highlighted concerns over the bill’s structure and intent.

Despite opposing the amendment in its current form, she reiterated support for women’s reservation and called for its implementation without conditions that could delay or complicate the process.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com