Telecom operator Bharti Airtel's CEO has warned customers about rising cases of cyber-frauds, citing a recent instance of a fraudster who posed as company executive and under the guise of updating KYC form, tricked a user into revealing bank details to transfer large amount from the bank account. In an email outreach to subscribers, Gopal Vittal, CEO of Airtel urged users to be vigilant against such cases of cyber fraud that are becoming "alarmingly frequent". Vittal spoke of a recent case where a cyber-fraudster posing as company executive called up an Airtel customer on the pretext of updating his Know Your Customer (KYC) form, tricked him into revealing his bank details and transferred a large sum of money from his bank account.
Successful demonetisation will help in raising revenues on sustained basis as more and more people will come under the tax net, says a World Bank report.
About Rs 1,282 crore has been levied as tax in 159 cases pertaining to concealment of tax due to the government
'It is advisable to invest in them early in life and stay invested for a longer period to achieve long-term goals and accumulate wealth.'
Budget 2014-15 has done away with the tax sunset clause of March 2014.
In emails to the UIDAI, they have also asked for details about the organisations with whom their Aadhaar numbers had been shared.
The searches, they said, are related to the department's probe in the biggest haul of cash and gold in Chennai post demonetisation.
Government suspects that many of these bank accounts were used to launder money, especially after the demonetisation in November 2016.
Over 100 tax sleuths along with police officials have been roped in for the survey operations
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