The Latest Breaking News from IT

Government to set up graphene production unit in PPP mode

Cabinet approves ₹237 cr. graphene production facility in PPP mode; KINFRA to be special-purpose vehicle; Kerala Digital University to float open tender; special committee formed to expedite project; tenure of high-achieving athletes extended; anti-rabies medication to be purchased.

The Hindu · Oct 25, 2023

Anna University to offer B. Voc, BE integrated training courses

Anna Univ. launches 2 UG vocational courses, B. Voc in Logistics Mgmt & Footwear Mfg. Open to Class XII grads, offers 40 seats each. Also launching 4-yr BE training integrated prog. w/company, 60 seats. Working professionals can apply for 3-yr courses w/flexible timetables.

The Hindu · Oct 24, 2023

Former MLA Vishnu Kumar Raju seeks release of pending incentives to IT companies

Former MLA P. Vishnu Kumar Raju demanded the government of Andhra Pradesh to release ₹21 crore funds which were supposed to be given to 86 IT companies as incentives.

The Hindu · Oct 24, 2023

Venugopal makes sudden visit to Bengaluru, holds consultations with Kharge and DKS

K.C. Venugopal's surprise visit to Bengaluru sparked political speculations. He held talks with D.K. Shivakumar, M. Mallikarjun Kharge, and Sathish Jarkiholi. Reports of a group of MLAs visiting Mysuru were denied. Venugopal's visit coincided with I-T raids. Shivakumar said it was to review preparations for Lok Sabha polls. He also…

The Hindu · Oct 16, 2023

I-T raids: BJP stages protests; CM dismisses allegations

BJP protests CM & Dy CM over alleged corruption linked to I-T raids. CM calls allegations "baseless" & "politically motivated". BJP stages dharna in DC offices & demands resignations. CM says protests are for political purpose ahead of elections. Allegations "false & baseless", says CM.

The Hindu · Oct 16, 2023

IT raids continue, crores recovered from Bengaluru builder

In a continuation of the raids since Thursday, Income Tax (I-T) officials on Sunday searched an apartment in Kethamaranahalli at Rajajinagar belonging to a city-based builder and allegedly recovered cash worth several crores and incriminating documents from him

The Hindu · Oct 15, 2023

HDK demands probe into unearthing of money in I-T raids

Kumaraswamy demands probe into I-T raid unearthing huge quantum of money. He questions D.K. Shivakumar's remarks, asking why he's showing signs of guilt. Wants CM/Deputy CM to decide nature of probe to uncover truth.

The Hindu · Oct 15, 2023

BJP to stage two-day protest from today seeking resignation of CM, Dy.CM

BJP to stage protests in all districts, taluks; demand CM, Dy CM's resignation over I-T raids. BJP to accuse Cong of corruption, link between money unearthed in raids and pending BBMP bills. BJP to demand end to trend in interest of Karnataka's people, CM, Dy CM to quit.

The Hindu · Oct 15, 2023

I-T dept revokes tax exemption status of 4 NGOs, letters to two mention protests against Adani

The Income Tax department has revoked the tax exemption status of four non-government organisations – Oxfam India, CARE India, Legal Initiative for Forest and Environment, and Environics Trust, Newslaundry learned from sources and top officials linked to these organisations. The tax exemption was reportedly revoked about two weeks ago.

Newslaundry · Oct 14, 2023

I-T raids: D.K. Shivakumar calls it political vendetta; BJP says money was ‘commission’ meant to fund Telangana polls

Deputy Chief Minister D.K. Shivakumar on Friday claimed that the Income Tax searches in Bengaluru on the residences of contractors, who had alleged 40% commission in contracts during the previous BJP rule, were “politically motivated”. This drew a sharp reaction from the Opposition that claimed the money seized was “commission”…

The Hindu · Oct 13, 2023