Ritu Sarin is Executive Editor (News and Investigation)
While at the beginning of the year (The Indian Express, March 16, 2017) the number of requests sent by India stood at 283 cases, it has now crossed 300. And while the number of replies received from among these 13 jurisdictions stood at 165, that figure has now crossed 240.
The Rs 577-crore bill is largely on account of huge consignments of imported/indigenous currency note paper used for Rs 1,000 and Rs 500 denominations as well as consignments which had been previously ordered or were in the process of being shipped to India.
Bofors acquittal case: The CBI has made this admission almost 12 years after its then Director U S Misra signed a 36-page confidential file on the subject of filing an SLP against the R S Sodhi judgment.
Sources have told The Indian Express that DoPT has sent the former Finance Secretary a “show-cause” seeking his explanation on how extensions were given to DelaRue, a British firm, in 2012 for the supply of colour shift (security) thread without tenders when he was Finance Secretary.
Demonetisation: The “pipeline” demonetised collections, according to these officials, include banned notes lying with citizens in Nepal as deliberations between the RBI and the Nepal Rashtra Bank (NRB) for the exchange of such notes did not fructify.
The Supreme Court’s ruling last week that privacy is a fundamental right is an “unsatisfactory resolution” and indicates that “the judiciary is taking over the functions of Parliament”, former attorney general Mukul Rohatgi told The Indian Express in an exclusive interview.
Rohatgi said, “The government should not have diluted their stand in court because the inclusion or exclusion of fundamental rights is only the proviso of Parliament... Here, the judiciary is taking over the functions of Parliament and it is a very unsatisfactory resolution of the dispute.”
“Our idea is to create a data-driven platform for auditing the GST which is independent of time, place and person. Our State Auditor Generals are already interacting with state governments with requirements for the digital GST audit,” he said.
According to investigators, the raids also unearthed a separate tranche of emails related to a property deal in London, which allegedly link Bhandari to Congress chief Sonia Gandhi’s son-in-law Robert Vadra.
Panama Papers: Data shows that in several of these companies incorporated by Mossack Fonseca, there was a fresh allotment of shares and, therefore, enhanced holdings among members of the Mehra family, first in 2011, then 2013 and, finally, March 2015.
The Indian Express reported Wednesday that the first phase of the review covers 114 bodies under seven ministries/departments from 679 for which central assistance of Rs 72,206 crore has been provided in the annual Budget.
The review of autonomous bodies, starting with those constituted under the Societies Registration Act, commenced in January this year and the first phase covered 114 bodies across seven ministries/departments.
The ailing 73-year-old Sobhraj, whose frailty belies his earlier image of a flamboyant killer who went after Western tourists, spoke to The Indian Express from hospital and said he had taken permission to make the phone call.
Speaking to The Indian Express, Justice Bhandari said he and his fellow judges at the ICJ worked round-the-clock all of last week and the outcome was an unprecedented unanimous pronouncement.
One company official who received the summons told The Indian Express that the company has already appeared before the ED but has been unable to give details of what services these two firms — ASCPL and Chess — offered.
Although Governor’s rule has been imposed thrice during his two terms, Vohra is said to have conveyed that imposing it again without initiating any political dialogue would serve no purpose, given the situation in the Valley.
Revenue records and stamp paper agreements listing the sale of land parcels in Amipur show that between 2006 and 2008, Robert Vadra purchased around 45 acres in Amipur while Priyanka purchased 5 acres.
Fabriano was among the nine companies that got contracts for emergency currency-paper supplies in December 2016 after the demonetisation drive.
According to data made available at the latest meeting of the Multi Agency Group (MAG) last month, the number of Indian clients of Mossack Fonseca, whose PAN numbers had been traced, has swelled to 424.
After Sudhir Choudhrie, it is the turn of Suresh Nanda who has turned up for questioning by the Enforcement Directorate.
Officials in ED told The Indian Express that over the past two months, they have sent 137 “advisories” under Section 37 of FEMA to Indians named in the Panama Papers.
A top government official familiar with the subject told The Indian Express: “The issue of auditing of the GSTN will have to be escalated, possibly to the Finance Ministry.
It was on December 2, 2016, that the ACC issued an empanelment order to promote A K Saxena to the post of CGDA, a Secretary-level position.
Sources have confirmed to The Indian Express that the probe panel appointed by SC, has found a correlation between visits to Sinha’s residence by some of the coal-scam accused — recorded in visitors’ logbooks — to the closure or dilution of their cases.
In a reply to an application filed by The Indian Express under the Right to Information Act, the ITSC confirmed the report published in the newspaper (January 5, 2017) on the unusual haste shown in the Sahara India case.
An email sent to Sahara India seeking details of revision in their expenses and the huge gap in reporting of expenditure between RoC filings and that provided to the tax authorities, went unanswered.
Sahara diaries: The 50-page order, accessed by The Indian Express, shows that the ITSC had earlier rejected the application of the company and then on September 5, 2016 re-admitted it.
The Letters of Intent along with the precise quantum of orders to each foreign firm would be finalised soon.
The new note bundles are being found all jumbled up, breaking the sequence of serial numbers and leaving them with no markings or bands, which could have indicated which bank they had come from.
Officials of the Finance Ministry and Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) said that the order may be shared by around nine foreign firms.
Calling the complaint “malafide and politically motivated,” Amarinder Singh today said the Income Tax Department had “failed to dig out any proof’’ of his alleged foreign assets.
At the two currency presses Security Printing and Minting Corporation of India Limited in Dewas and Nashik, rules tweaked to keep currency press cranking.
The appraisal report, forwarded to the IT Department’s assessment wing in February 2014, was first reported by The Indian Express (January 15, 2015).
As part of the probe, the Income Tax (Investigation) wing has so far conducted searches at the premises of nine persons named in the data and carried out surveys in the case of another 14.
Top SPMCIL officials told The Sunday Express that they were expecting a New Year launch for the new notes, which were being printed in three shifts at two of its security presses from September onwards.
Posing as customers in jewellery stores and suspected hawala circuits, which were still accepting notes that were no longer legally valid on Wednesday, the investigators reported high-volume sales, particularly at various jewellers.