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MONDAY, MAY 12, 2014 (PAGE 8) DAILY EXCELSIOR, JAMMU LS poll: Modi addressed 437 , others need to wait till 7 RCR prepares to bid farewell to election meetings in country; 79 in UP LUCKNOW, May 11: 2017 for automatic tax info PM, 3 Motilal ready to host BJP’s Prime Ministerial candidate Narendra Modi single hand- edly led the campaign for the party in the elections cre- NEW , May 11: Economic Cooperation and Many countries worldwide , May 11: wheeled into the premises. would shift to the new bunga- ating a ‘Modi wave’ in the country. Development (OECD) sets the are taking steps to address the Work on putting up the security low as soon as the next incum- Mr Modi reached every nook and corner of the country by As they continue their global tax standards and frames menace of illicit funds being There is a flurry of activity cabin at the main gate is also bent takes oath. addressing at least 437 election meetings, covering around 3 lakh efforts to clamp down on the conventions against tax frauds, stashed away in tax havens. at two of the VIP bungalows in underway. The residence at 3, Motilal kilometers to reach 25 states. State BJP spokesperson menace of black money, India among others. Meanwhile, the declaration the Lutyen’s Zone of the nation- But, movement isn’t just at Nehru Marg, a type VIII bunga- Chandramohan said here today that in alone and other countries will have to With respect to automatic on automatic exchange of infor- al capital, with one preparing to the new address. 7, Race Course low which comes under the Narendra Modi addressed 79 election meetings covering 39,000 wait at least till 2017 before the exchange of tax information, he mation in tax matters was bid farewell to its special guest Road, the official residence of CPWD and is spread over 2.5 kilometers. Besides the election meetings, the BJP’s PM nomi- new global standard for auto- said things are at early stages in endorsed last Tuesday by all 34 of 10 years while the other is the Prime Minister is also busy acres, was vacated by former nee had addressed seven Vijay Shankhnaad rallies before the matic exchange of tax informa- terms of developing the stan- member countries of OECD being decked up to welcome its packing up, books, flower vases Delhi Chief Minister Sheila announcement of the election dates. tion comes into effect. dard as well as “getting the along with Argentina, Brazil, new resident. and gifts given to Singh, a Rajya Dikshit recently. Mr Modi also addressed through 3D Holographics rallies at India, Switzerland and 45 commitments”. China, Colombia, Costa Rica, A sprawling bungalow at 3, Sabha MP, for whom the pris- The four-bedroom bungalow 544 places in 70 LS constituencies in UP while held discussions other nations had agreed upon The new standard, expected India, Indonesia, Latvia, Road, will now tine bungalow has been home with well-maintained lawns and with the people at 75 places in 70 LS seats over ‘Chai Par automatic exchange of tax to be finalised in September this Lithuania, Malaysia, Saudi be the new abode of Prime during two successive terms of office space meets the require- Charcha’. information, which is seen as a year, provides for exchange of Arabia, Singapore and South Minister , the UPA government. ments of a former Prime Besides this, the state BJP brought out 403 raths, which cov- major step forward in global information on bank account Africa. once he retires after Lok Sabha All gift items received by Minister. ered 6 lakh kms and went to 95,000 villages to cater the audio- efforts against banking secrecy balances, interests, dividends, The standard was developed elections and the PMO said that the Prime Minister, including Designed during the British visual speeches of Mr Modi before 100 million people, Mr practices. other financial income and sales at the OECD and endorsed by the work is almost completed at many from foreign dignitaries, era, the bungalow has been Chandramohan claimed. Mr Modi’s messages also reached to The endorsement of the proceeds to compute possible the G20 Finance Ministers. the new address where he is to are being systematically listed. given a new paint job and the ‘Declaration on Automatic half a million people mostly youths through social media like capital gains. “At this point in time, move in. While Singh is taking away shining Doric columns in its Exchange of Information in Tax Facebook, Whatsapp, Twitter and Livechat. By becoming part of the exchange of information (EOI) “The Motilal Nehru Road some gifts with him, the rest he portico only enhance the beauty Matters’ under the aegis of bungalow is almost ready to BJP president Rajnath Singh too campaigned in a big way in think-tank OECD last week had declaration, these countries on request is the only standard is leaving behind and they will of the building, which will soon UP with addressing 57 election meetings. Mr Singh also attend- have committed to implement- which is implemented, includ- move in. Shifting of stuff from be kept at the ‘toshakhana’. be another landmark on the VIP paved the way for finalising a the official residence to the new ed eight Vijay Shankhaanad rallies and held four big rallies at single global standard in this ing automatic exchange of tax ing between India and Among articles that Singh is address map of the city. Muzaffarnagar, Ghaziabad, Saharanpur and Bareilly. information. The declaration Switzerland. place is underway. Lot of stuff taking along are some books, The new address, area-wise, regard later this year in has been shifted and more is on BJP vice- president and former UP president Kalyan Singh too September. also comes as a boost for India, “... India has already a treaty four to five carpets and a few tea falls under the jurisdiction of attended 29 election meetings while fire-brand BJP MP from which is making efforts to get with Switzerland to exchange its way,” Media Adviser to sets. Among other items, Singh the New Delhi Municipal “The effectiveness of AEOI Prime Minister Singh, Pankaj Gorakhpur Yogi Adityanath addressed 46 election meetings. (Automatic Exchange of details from Switzerland on information on request. The had also received a bat gifted by Council. Its top official said, Other senior BJP leaders who also campaigned in UP for the alleged illicit funds stashed quality of this exchange is Pachauri, said. British Prime Minister David “NDMC would do whatever is Information) will come only “Prime Minister’s wife party candidates includes former party president Nitin Gadkari, when the standard is translated away by Indians there. assessed by the global forum on Cameron, which he is leaving required of it, even though the Leader of Opposition in the Lok Sabha Sushma Swaraj, Leader of Automatic exchange of transparency. AEOI is a step Gursharan Kaur has herself behind at the official residence, bungalow belongs to CPWD”. into domestic legislations and been visiting the new bungalow Opposition in the Rajya Sabha Arun Jaitley, Ravi Shankar Prasad, hardware in banks’ IT. This information would allow for forward,” said Pascal Saint- he said. “Our job, as for any other to oversee the work being done eminent thinker Udit Raj, former army chief General VK means that AEOI will take place “collecting all bank information Amans. After serving as the office bungalow falling under our there,” he said. Singh, Chief Minister of Madhya Pradesh Shivraj Singh Chauhan, in 2017 at the earliest,” Pascal on non-resident to pass this According to him, for the Government for 10 jurisdiction, is to chip off any Chhattisgarh Chief Minister Raman Singh, Chief Minister of Goa Saint-Amans, Director of the information on to the countries Switzerland was evaluated by A new sentry post has been years, the PMO too is getting overhanging branches inside the Manohar Parikar, former Chief Minister Uma Bharti, Bollywood OECD Centre for Tax Policy of residence of these taxpayers the Global Forum and was erected at the main entrance refurbished and the upholstery, bungalows, and maintain clean- star Hema Malini, Bhojpuri actor Manoj Tiwari and bollywood and Administration, told PTI so that they can no longer hide assessed as not having its legal while inside, horticulture staff etc. Is being changed there too, liness in the streets adjoining actor Vivek Oberoi. (UNI) from Paris. money on offshore accounts,” framework in place to effective- are busy manicuring the lawns. he added. them,” NDMC Chairperson Paris-based Organisation for Pascal Saint-Amans said. ly exchange information. (PTI) Stone slabs and other raw mate- Pachuari said that Singh Jalaj Srivastava said. (PTI) Gujarat Police misquoted rials were also seen being on Modi rally: Jaitley NEW DELHI, May 11: BJP leader Arun Jaitley today discounted claims that senior officials of Gujarat police had considered undesirable the holding of Narendra Modi's rally at Beniyabagh in Varanasi. "This is a factually incorrect statement communicated to Election Commissioner H S Brahma," Arun Jaitley said, claiming that the Gujarat police personnel were being misquoted. Election Commissioner H S Brahma had earlier said that a Gujarat police official, who was part of the Advance Security Liaison team of the BJP Prime Ministerial candidate, had "indicat- ed" that the chosen ground for holding the rally was not a "desir- able" place for the VIP to address his rally. The Gujarat police official said it would "not be possible" to hold a rally at the venue as it was "highly congested" and "compli- cated", Brahma had said. Jaitley said, "I personally and along with me Amit Shah repeat- edly spoke to Gujarat police officers who were there. They went to the District Magistrate and said we have no objection, please allow this rally," adding that they were misquoted. Speaking to senior journalist Karan Thapar on Headlines Today, Jaitley said the reason for the cancellation of BJP's public meeting at Beniyabagh conveyed to the party was that in 1991 there was a problem after a rally and some other reasons being given were "afterthoughts". He was asked whether it was proper to raise questions about the Election Commission, the way Modi had done. "Everybody uses their own phraseology...Even though I did not use the word partisan, he (Modi) did. How do you rationalise a decision or can anyone rationalise a decision that at a particular venue three parties would be allowed, one will not be allowed," he said. Jaitley said the key issue was fairness and Modi had not been allowed to campaign in his own constituency. (PTI) CBI to form SIT to probe Rs 10,000 cr Saradha chit fund scam NEW DELHI, May 11: The CBI will form a Special Investigation Team (SIT) soon to probe the Saradha chit fund scam in which investors in West Bengal, Odisha and Assam were allegedly duped of Rs 10,000 crore besides examining the role of market regulators like SEBI and RBI. "We will form the SIT as soon as the legalities in the case are finalised," CBI Director Ranjit Sinha said here today. Official sources said the SIT is expected to be formed soon. The Supreme Court ordered a CBI probe on Friday on a PIL and asked the three state police forces to cooperate with the CBI investigation. The CBI will also look into the role of regulators like SEBI, authorities under the Companies Act and the Reserve Bank of India(RBI) as directed by the apex court. The court in its order had pointed out that there was yet anoth- er aspect which relates to the role of the regulatory authorities. "Investigation conducted so far puts a question mark on the role of regulatory authorities like SEBI, Registrar of Companies and officials of the RBI within whose respective jurisdictions and areas of operation the scam not only took birth but flourished unhindered," a bench headed by Justice T S Thakur said in its order. The CBI will be collecting documents from all the State Governments pertaining to the scam which has been termed by the Supreme Court as a "sordid affair". "Investigation by the State Police in a scam that involves thou- sands of crores collected from the public allegedly because of the patronage of people occupying high positions in the system will hardly carry conviction especially when even the regulators who were expected to prevent or check such a scam appear to have turned a blind eye to what was going on," the apex court had said. Enforcement Directorate (ED) is also looking into money laun- dering violation by the Saradha Group. The court said that CBI would probe against Saradha and 44 other companies in Odisha which are allegedly involved in the scam. Saradha Group's chief Sudipta Sen was arrested by West Bengal Police in Kashmir. Kunal Kumar Ghosh, a Trinamool Congress MP, was also arrested on November 23, 2013 in connection with the scam. Ghosh was the media CEO of Saradha Group of Companies. (PTI) Plots to Wakf Board; HC asks Centre to respond NEW DELHI, May 11: The Delhi High Court has sought the Centre’s response on a plea seeking quashing of an order relinquishing Government agen- cies’ rights over 123 plots and properties at prime locations and transferring them to the Delhi Wakf Board. The high court took note of the petition that accuses the Central Government of according “undue favour” to the minority commu- nity, and sought responses from the Union Home Secretary, Delhi Development Authority (DDA) and the Delhi Wakf Board (DWB). A bench of Justices B D Ahmed and Siddharth Mridul has post- ed the matter to May 15 for further hearing. The Government notification said its land-owning agencies — Land and Development Office and the DDA — will relinquish their rights over the properties, spread across the national capital, and those will now go to the Wakf Board. (PTI)