Citizens' Issues
Air India connects Bengaluru with Mysuru
National carrier Air India on Thursday launched its Mysuru-Bengaluru service by an ATR turboprop aircraft.
 
The service is available throughout the week save Wednesday, the national carrier said in a statement.
 
Karnataka Tourism Minister R.V.Deshpande, who flagged off the maiden flight at the Kempe Gowda international airport, said the service fulfils a long-standing need of passengers of Mysuru region, who can fly to many destinations across the country and overseas, with connecting flights from Bengaluru. Revenue Minister Sreenivas Prasad, Chief Secretary Kaushik Mukherjee and other dignitaries were also present.
 
The aircraft will take off from here at 6 a.m., land at Mysuru by 6.40 a.m.. It will depart there 7 a.m. to reach here at 7.40 a.m.
 
The state's cultural capital, Mysuru, about 150 km from Bengaluru by road, is known the world over for its Dasara festival procession and tourist spots like Brindavan Garden, Butterfly Park, Ambi Vilas Palace and hilltop Chamundeshwari temple. It is also a gateway for adventure tourists going for river rafting at Dubare, to the elephant camp and coffee estates in Coorg, besides Bandipur and Nagarhole wildlife sanctuaries.

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COMMENTS

Gopalakrishnan T V

1 year ago

This may not be of any use for bangaloreans or Mysoreans who visit Bangalore as the time taken to reach air port and from airport to any destination in Bangaore is anything between two and three hours on normal traffic days. If some block happens due to VIP movement or some small hindrance some where, one cannot predict the time required to anf airport, Bangalore. In Bangalore there are no trunk roads worth the name and gullies, footpaths wherever available, narror roads having 10ft and 20 feet width are being used as trunk roads Authorities should think of improving the Road infrastructure first before going in for flight services to nearby places which can be reached within the same time instead of travelling to and fro airport spending additional time, money and energy. Time wise, cost wise, convenince wise, flight services may not suit travellers. It can at best serve politicians who have a pass and who enjoy certain free facilities.

Government issues second set of FAQs on black money
In a second set of clarifications in the frequently asked questions (FAQs) format, the government on Thursday reiterated total confidentiality of information furnished to unearth black money stashed abroad.
 
The finance minstry also relaxed conditions for those who cannot get bank statements of their foreign accounts, saying it would accept their "best estimate" declarations with a rider that a penalty would follow if disclosures were incomplete.
 
In the 27 FAQs, following those issued in July, on voluntary disclosures to be made in the 90-day compliance window ending September 30, the ministry said the new law on black money incorporates the provisions of section 138 of the Income Tax Act relating to disclosure of information in respect of assesses.
 
"The information in respect of declaration made is confidential as in the case of the return of income filed by the assessees," it said.
 
Regarding periods for which bank statements of foreign accounts were unavailable, the FAQ said, "the person may compute the value of such period on best estimate basis" but the account holder, however, will have to furnish a certificate of the bank or any other evidence to the effect that the details are not available.
 
The government, however, said that if it was found later that the value of bank account was different from what had been declared, the immunity from higher penalties and jail term will only be to the extent of the declaration made.
 
For NRIs who receive pension for the period of employment in foreign country, the FAQs said the accretions to such accounts after they became residents will have to be disclosed and it will be chargeable to tax in India.
 
The income tax department in earlier released a list of FAQs, had also said disclosures made under the said act would have "immunity from prosecution under the Foreign Exchange Management Act (FEMA), Prevention of Money Laundering Act (PMLA), Income Tax Act, Wealth Tax Act, Companies Act and Customs Act".
 
It, however, does not provide immunity from prosecution under any other statute.
 
The offence of wilful attempt to evade tax will also not be an offence under the PMLA, the FAQs said.
 
The one-time 90-day compliance window granted to foreign asset holders to make a declaration, however, does not guarantee immunity for wealth generated from corruption, it added.
 
Unlawful, undisclosed income abroad has been taxed under this law at the rate of 30 percent with an additional 30 percent penalty.
 
The law provides for a compliance window for declaring and paying penalty. Failure to meet the compliance timeline will attract an additional penalty of 90 percent for a total tax liability of 120 percent on the quantum of black money stashed abroad.
 
An unofficial estimate of illegal money stashed overseas puts it somewhere between $466 billion and $1.4 trillion.
 

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ACB files charge sheet in Delhi transport scam
The Anti-Corruption Branch (ACB) of Delhi government on Thursday filed a charge sheet in Rs.100 crore transport scam that allegedly took place during the previous Sheila Dikshit dispensation.
 
The ACB filed the charge sheet before Special Judge Poonam Chaudhry.
 
In 2012, the ACB had registered a case in the alleged loss of Rs.100 crore to the Delhi government in awarding the contract of operation and maintenance of inspection and certification of CNG vehicles.
 
The first information report was lodged on a court's order after a complaint case was filed by RTI activist Vivek Garg, who has alleged that then transport commissioner R.K. Verma with others has conspired to favour a private company, ESP India, in a contract, causing losses to the public exchequer.
 
The contract was awarded to ESP India in 2002.
 
According to Garg, in 2013, ACB has arrested several of the accused but later they were granted bail after probe agency failed to file a charge sheet in the case.

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