In a major embarrassment for ex-chief minister Jitan Ram Manjhi ahead of Bihar polls, his son Praveen Kumar was on Sunday detained by the police after he was allegedly found carrying Rs 4.65 lakh in cash in a car.
The Enforcement Directorate on Tuesday questioned former Indian cricket team captain and Congress leader Mohammed Azharuddin for over nine hours in a money laundering case linked to alleged financial irregularities in the Hyderabad Cricket Association, official sources said.
The department had launched searches against the 48-year-old actor and the Lucknow-based group of industries involved in infrastructure on September 15 and the CBDT said the action was continuing.
The early morning crackdown against the terror group in Ballari and Bengaluru in Karnataka, Amaravati, Mumbai and Pune in Maharashtra, Jamshedpur and Bokaro in Jharkhand and Delhi, led to the foiling of a plan by the accused to carry out terror acts, especially improvised explosive device blasts.
A minimum of 50 per cent tax may be levied on unexplained bank deposits made using the banned currency notes up to December 30 along with a 4-year lock in period for half of the remaining amount under the amendments to tax law the government plans to bring in Parliament shortly.
Pawar had told the media on the day of the raids that the tax searches were also carried out at the premises of his three sisters, one living in Kolhapur district and two in Pune district of Maharashtra.
The state Election Commission also issued certain guidelines for not using the coming festive days for political purpose in the seats where polling would take place in next phases.
The Allahabad High Court Bar Association has opposed the transfer of Delhi High Court sitting judge Justice Yashwant Varma, from whose official home a huge stash of cash was reportedly discovered. The association said that the Supreme Court's decision to transfer Justice Varma back to the Allahabad High Court was "taken aback".
The raids in as many as 38 premises in different parts of the state led to concealment of income which is likely to exceed Rs. 300 crore, the Income Tax department said in a release.
Pakistan's batting crumbled against New Zealand's pace attack and they were all out for 91 in 18.4 overs. In reply, New Zealand easily chased down the total, getting to 92 for 1 in just 10.1 overs.
The raid by the ED, which is probing the money trail of the school jobs scam, was conducted late Thursday evening, an official of the agency said.
Two districts where most of the cash and jewellery has been recovered are Madurai and Tiruchirapalli, both bastions of the rulng DMK.
Money changers operating behind the RBI HQ in Mumbai said they would charge a 15% fee to convert Rs 1 crore.
Praveen Kakkar has alleged that the Income Tax raids at his premises were politically motivated, and claimed nothing objectionable was found against him in the two-day operation.
They were motivating impressionable Muslim youths to relocate from their place of residence for strengthening the Padgha base, the spokesperson said.
The Rashtriya Janata Dal leader, who is currently away in Delhi, also said the Bharatiya Janata Party will be left embarrassed if he made public the panchnama (seizure list) signed after the raids.
The Income Tax Department has detected "concealment of income" to the tune of Rs 17 crore after recent raids on institutions linked to former Maharashtra home minister Anil Deshmukh and his family members, official sources claimed on Monday.
The government will assess how cash deposits after the demonetisation could be brought under the tax net, says Revenue Secretary Hasmukh Adhia.
Available evidence suggests that we are on the way to a very costly failure of the current demonetisation scheme, says M R Narayana.
'The Aam Aadmi's prophet is out of touch with both the city and his own flock.'
'We have already prejudged the issue. And now things have reached a point where it is very difficult for a person to say that he could be innocent.'
She reached the office of the federal probe agency in central Delhi around 11 am and left around 6 pm.
Prime Minister Narendra Modi on Sunday warned unscrupulous elements not to play with the lives of the poor by depositing illegal money into their accounts as stringent law against 'benami' transactions were in place to deal with them, as he asked the youth and other sections to move towards a "cashless society".
The department raided more than 35 premises in Maharashtra's capital city on February 25, and the Central Board of Direct Taxes (CBDT) said in a statement on Thursday that 'preliminary investigation indicates that these contractors have evaded income to the extent of Rs 200 crore on account of...malpractices'.
Shiv Sena MP Sanjay Raut routed his unaccounted money through various shell companies opened in the name of his family members and associates, his former aide and prime witness in the money laundering case linked to the redevelopment of Patra 'chawl' project told the Enforcement Directorate (ED).
"His ancestors were said to be members of Sarfoji dynasty. But that is not our concern. There were allegations that he had amassed wealth by swindling contract funds," an official said.
While the Congress alleged that the Vidhana Soudha has become a shopping mall and the BJP stood for 'Broker Janata Party', Chief Minister Basavaraj Bommai reminded the opposition how Rs 25 lakh cash was allegedly seized from the staff of Congress MLA from Chamarajanagar C Puttarangashetty four years ago.
Shivakumar, who is in ED's custody since September 3 in connection with a money laundering case, was earlier taken to the Ram Manohar Lohia hospital on Thursday.
Jain's residence was searched by sleuths of Enforcement Directorate during which they claimed to have recovered an unaccounted cash of Rs 60 lakh from his residence in Pitampura of North Delhi, official sources said.
The Enforcement Directorate (ED) on Wednesday conducted raids in three locations in and around Kolkata and again recovered large stacks of cash from a flat linked to Arpita Mukherjee, considered a close associate of arrested West Bengal Industry Minister Partha Chatterjee.
The Special Investigation Team has suggested an upper limit of Rs 15 lakh on cash holding.
The move is a continuance of the government steps to clamp down on black money.
Those earning over Rs 50 lakh a year need to disclose all jewellery and cash in their returns, says Tinesh Bhasin.
A government can't just take away public money, and the RBI can't extinguish its liability. 'The RBI has to honour the value any time a person with legal and taxed money lays claim on the value.'
'My suspicion is that most of the bonds were given by companies who had got contracts or who had benefited from policy changes by the government.'
The agency also alleged that Deshmukh exercised undue influence to pass favourable transfers and postings of the police officials.
Karnataka Congress president D K Shivakumar on Wednesday said he has been asked by the Enforcement Directorate to appear before it on February 22, while his daughter has been served notice by the Central Bureau of Investigation.
Teary-eyed Congress leader D K Shivakumar on Saturday briefly belied the combative force he is for the Congress party, not just in the just concluded 2023 assembly polls, but on several crucial occasions in the past when his party needed him.
The operations revealed evidence of price and volume manipulation of stocks through the use of platforms like YouTube and WhatsApp.
It has conducted searches against four bureaucrats based in Uttar Pradesh and Uttarakhand over the last three days.
