Centre duping Karnataka? CM asks Fin Min to explain Rs 798 crore IGST deduction

News Network
December 2, 2023

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Chief Minister Siddaramaiah has shot off a letter to Finance Minister Nirmala Sitharaman expressing concerns and seeking clarification on Rs 798 crore from the Integrated Goods & Services Tax (IGST) being deducted from Karnataka. 

“The information at our disposal indicates that an amount of Rs 798.03 crore has been adjusted out of the IGST settlement as ‘adjustment of advance apportionment to make up shortfall in IGST balance as on 26.12.2022’,” Siddaramaiah stated. 

Siddaramaiah asked Sitharaman to explain the “rationale” behind “huge negative balances of Rs 34,000 crore to accumulate”. He said the accumulation of negative IGST balances would impact treasury management of state finances. 

“In order to facilitate better understanding and transparency, the state of Karnataka seeks information on the total amount of negative IGST balance and the methodology employed for distributing this among the states for recovery,” Siddaramaiah stated. 

Siddaramaiah also asked the union government to make deductions in instalments. “Given the pressing need for resources and the potential challenges associated with lump-sum deductions...we propose a phased approach, preferably in ten instalments, to mitigate the immediate impact on state finances,” he stated. 

“We believe that a transparent and collaborative approach in addressing these concerns will contribute to the effective functioning of the financial ecosystem,” Siddaramaiah stated.

Meanwhile Karnataka GST collection at Rs 11,970 crore finished in second place all India behind Maharashtra. 

Karnataka’s collection was more than Rs 1,000 crore higher than Gujarat, which managed Rs 10,853 crore. 

Tamil Nadu stood at fourth place with Rs 10,255 crore, while Haryana stood a distant fifth with Rs 9,732 crore. UP stood at sixth place with Rs 8,973 crore.

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News Network
February 3,2025

Udupi: A 59-year-old man has allegedly lost ₹20.17 lakh in a stock market scam after being lured by promises of high returns.

Vinod, the complainant, stated that he discovered an online stock market-related company, PML Securities, on November 2 last year. Encouraged by its offerings, he began investing through the company’s mobile applications, PML Max and PML PRO, starting from November 27.

Initially, his investments were returned in line with the IPO (Initial Public Offering) process, reinforcing his trust in the platform. However, trouble arose when he attempted to withdraw his funds, only to find himself unable to do so. Upon contacting the company, he was allegedly persuaded that additional payments were required to unlock his money.

Trusting the assurances given, Vinod continued making payments, transferring a total of ₹20.17 lakh to various bank accounts linked to the company until December 24. The complaint alleges that the operators of PML Max and PML PRO deceived him by falsely promising substantial returns on stock market investments.

A case has been registered at the Manipal Police Station, and an investigation is underway.

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Agencies
February 14,2025

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Israel has conducted a fresh drone attack on the Jenin refugee camp, as the Palestinian foreign ministry urges the international community to take a serious action to stop the regime’s intensified aggression on the occupied West Bank.

In the early hours of Friday, media reports said an Israeli drone targeted homes in the Jenin camp in the northern part of the West Bank.

Since a ceasefire in Gaza was announced last month, Israel has intensified its attacks in Jenin and other parts of the occupied West Bank.

At least 25 Palestinians have been killed in Israel’s raids in Jenin this year, which have also displaced nearly 20,000, according to the camp’s media committee.

The Israeli army also continues to destroy homes and infrastructure in the West Bank city of Tulkarm and its two camps.

According to the Tulkarm Camp’s Media Committee, nine people have been killed, and about 10,500 others --around 80 percent of its population --  have been displaced since Israeli forces began the assault on the camp.

Video footage showed Israeli bulldozers destroying homes in Tulkarm’s Nour Shams Refugee Camp on Thursday.

The Palestinian Prisoner’s Society (PPS) said at least 380 people have been detained by Israeli forces since the start of their large-scale military raids in the West Bank after the Gaza ceasefire went into effect on January 19.

The deal between Israel and Hamas was reached after 15 months of the regime's genocidal war on the strip, which claimed the lives of at least 48,239 Palestinians, mostly women and children, and injured 111,676 others.

The regime agreed to the ceasefire after falling short of realizing any of its wartime objectives, including freeing the captives, “eliminating” the Gazan resistance, and causing forced displacement of Gaza’s entire population to neighboring Egypt or Jordan.

The Palestinian Foreign ministry on Thursday urged the international community to take “an urgent and effective action” to force Israel to stop its aggression on the West Bank.

Referring to Israeli crimes in the occupied territories, including the forced displacement of tens of thousands of Palestinians from their homes and the destruction of homes and infrastructure, the ministry said the international silence emboldens Israel to commit more crimes and enables it to continue its crime of ethnic cleansing.

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News Network
February 3,2025

Mandya: An eight-year-old girl has alleged that she was sexually assaulted by two boys inside the washroom of her school in Mandya district of Karnataka, police said on Monday.

The incident was alleged to have occurred on January 31. However, the complaint came to light on Sunday when the girl's mother approached the police, they said.

Citing her statement, a senior police officer said that the class two student of a government school has alleged that two boys allegedly took her to the washroom where they threatened her to remove clothes and thereafter thrashed her with a stick. They also beat her on her private parts.

One of the boys she identified is her classmate while another is from a higher class, he said.

The girl alleged that the accused students threatened her not to disclose the incident to anyone but later she confided in her mother, he added.

Based on the statement of the girl, a case was registered under the Protection of Children from Sexual Offences Act against the two boys and an investigation is underway to ascertain the sequence of events and verify facts, said Mandya Superintendent of Police Mallikarjun Baladandi.

As part of the investigation, police are also reviewing the CCTV footage from the school premises.
However, the medical examination report of the girl did not reveal any such injury on private parts, police said, adding that statements of the boys will be recorded and further action will be taken accordingly.

"We are currently investigating the case and are verifying details given by the girl in her statement. There are some inconsistencies in her account," he added.

Meanwhile, BJP State President B Y Vijayendra condemned the incident on social media platform X alleging that law and order in the state had completely deteriorated with cases of rape of minors, assault on women and daylight robberies being reported in the state.

He demanded that strict action be taken against the perpetrators.

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