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Rs 24 cr in new currency seized from TN businessman’s car

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Chennai, 10 Dec 2016 : The Income Tax department on Saturday seized a whopping Rs 24 crore in Rs 2,000 denomination stashed inside a car in Tamil Nadu’s Vellore district, an official said.

“We have seized cash valued at Rs 24 crore in Vellore. The raid continues,” the IT official told.

According to him, the seized cash will be deposited with the Reserve Bank of India.

This is the third day of the IT raids on three businessmen J. Shekhar Reddy, Srinivasalu and Prem — that started on December 8.

The Central Board of Direct Taxes (CBDT) on Friday said the IT department had seized Rs 96.89 crore cash in old Rs 500 and Rs 1,000 notes, and Rs 9.63 crore in new Rs 2,000 denomination along with gold weighing 127 kg worth approximately Rs 36.29 crore.

The big fish is said to be Reddy, from whose car the money was seized, who is a contractor and has executed works for Tamil Nadu government.

He was also a Board Member of the Tirumala Tirupati Devasthanam (TTD). On Saturday the Andhra Pradesh government removed him from that post following the raids and cash/gold seizure.

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PDP chief Mehbooba Mufti released from detention after 14 months

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Jammu, 13 Oct : Former Jammu and Kashmir chief minister and Peoples Democratic Party (PDP) leader Mehbooba Mufti was on Tuesday released from detention. “PDP chief Mehbooba Mufti is being released from detention,” said Jammu and Kashmir administration spokesperson Rohit Kansal.

A government order issued on Tuesday night said her detention was being revoked with immediate effect.

The Jammu and Kashmir administration in July had extended her detention by three months under the stringent Public Safety Act (PSA).

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Cinemas, theatres, multiplexes to open with up to 50% seating capacity from Oct 15

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Swimming pools for training of sportspersons to open with SOP from Oct 15

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SAD breaks alliance with BJP Leaves NDA in protest against farmers ordinance

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Chandigarh, 26 Sep : The Shiromani Akali Dal (SAD) has severed its alliance with the BJP. The Akali Dal had a 22-year-old alliance with the BJP.

The decision was taken after a meeting of the Akali Dal’s Kaur Committee which lasted for more than four hours today. Mr. Sukhbir Singh Badal addressed the press after the meeting and announced that he would no longer be a part of BJP-NDA.

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