Enforcement Directorate attaches Madhan’s assets
The Enforcement Directorate (ED), Chennai, has provisionally connected immovable belongings worth ₹6.35 crore belonging to B. Madhan of Vendhar Movies below the Prevention of Money Laundering Act 2002 (PMLA).
A few days ago, the ED registered a case against Madhan based totally on an FIR filed with the aid of the Central Crime Branch. According to the FIR, Madhan accumulated ₹ ninety-one crore, promising admission to SRM Medical College in 2016, and absconded. More than one hundred thirty mothers and fathers filed court cases against him.
During the investigation conducted beneath PMLA, the victims said they had paid amounts ranging from ₹50 lakh to ₹ one crore to Madhan for admitting their wards. Only later did they understand that he had absconded with the coins. The SRM control, at the same, introduced them had nothing Madhan.
“This exercise is likely to be completed in nine months. The SDMC collected property tax worth Rs 900 crore during the financial year 2016-17 from nearly 4,50,000 taxpayers. As per the Delhi Municipal Corporation Act, all buildings and vacant land are liable to pay property tax,” the civic body said in a statement.
According to an assertion issued by KSVV Prasad, Joint Director, Enforcement Directorate, Chennai, Madhan, in his voluntary statements, had internally admitted that he had amassed approximately ₹91 crores from 133 parents for admission in MBBS/PG seats at SRM Medical College.
However, he claimed that he had paid those quantities weekly to the SRM management. The SRM management denied the claim and stated that Madhan had no function in their admission manner.
No source of profits
During the research, it was discovered that Madhan had received numerous properties throughout this era and no longer displayed any legitimate source of earnings for purchasing them.
“Thus, it stands to motive that the identical is obtained the usage of the proceeds of crime and hence is concerned in cash laundering,” in step with the ED.
Property proprietors in municipal areas of Haryana pay their property tax dues and arrears for the years 2010-11 to 2016-17 with a one-time rebate of 15 in keeping with cent with the aid of July 14, 2017.
Urban Local Bodies Minister Kavita Jain said right here today, in keeping with an official launch, that all taxpayers could be allowed a one-time waiver of interest on the arrears of assets tax if their arrears are paid by August 31, 2017.
She said onea , according to cent rebate might additionally take delivery if the price of assets tax is made online.
She stated that a 25 percent exemption was given to property proprietors who clean all belongings, tax dues, and arrears.
As the scheme was receiving an overwhelming reaction from the people, she stated that Chief Minister Manohar Lal Khattar was permitted to extend the scheme.
“The department will use the maps obtained from Geospatial Delhi Ltd. Based on the maps; the field surveyors will visit all properties and collect data necessary to calculate the property tax liability and the details of tax paid by the property owner.
