Consignment of fake `100 notes worth `6L seized, two arrested Centre, states fail to agree on GST bills, more delay likely
A Delhi police special cell on Friday arrested two people, reportedly associated with the ISI, and seized Rs6 lakh in fake Rs100 notes that they were allegedly trying to funnel into India.
According to sources, the consignment worth Rs6 lakh of FICN (fake Indian currency notes) was being smuggled from Nepal. Sources said the earlier Malda route was used to pump in FICN of Rs2,000 denomination.
Police said that the Border Security Force (BSF) and National Investigating Agency (NIA) busted that module while the special cell of Delhi police made the seizure in the capital’s Sonia Vihar area. This is the first seizure of 100-rupee notes postdemonetisation.
One of the main aims of demonetising high value bank notes was to stop fake currency being pumped into the economy. But a spate of seizures recently, including some of high denominations, indicate that counterfeiters do not seem to have been hit hard.
Last Tuesday, the NIA seized three “high quality” fake `2,000 banknotes from a fugitive accused of operating a counterfeit Indian money racket, who was ferrying these samples to a fellow racketeer. The three notes looked identical to the original.
The Centre and states failed to agree on the details of two bills crucial to triggering a Goods and Services Tax (GST) on Saturday, which possibly clouds the roll out of the country’s biggest tax reform from July.
The GST Council, headed by Union Finance Minister Arun Jaitley and represented by state finance ministers, will meet again on March 4 and 5 to finalise the two bills so that they can be introduced in Parliament during the second half of the Budget session starting from March 9.
The two legislations — the Central GST and Integrated GST bills — deal with the Centre’s powers to replace excise duty and service tax with the GST.
Free cab rides, discounts at restaurants and free dessert — casting your vote on February 21 could be a sweet deal, as the state election commission, Brihanmumbai Municipal Corporation, NGOs and college students leave no stone unturned to get you to vote.
The student-run Vote for Mumbai campaign, for instance, has partnered with cab-service provider Ola to give voters free rides from polling booths. “Give a missed call on 8733087330, then go and vote. Your ride back from the polling booth will be free. We are doing this to encourage firsttime voters,” said Lishu Singhvi, a third-year student and Vote for Mumbai member. The civic body too has tied-up with Uber to give voters a Rs75 discount on rides to and from polling stations.
Joining the effort, the Association of Hotel and Restaurants (AHAR) has asked its members to run offers on Tuesday — discounts and free desserts for patrons who have voted.
NCP chief Sharad Pawar said on Saturday he will “give in writing to the Governor”, that the NCP will not support the BJP state government if Shiv Sena walks out. Sena chief Uddhav Thackeray must do so too, Pawar said.
With the Sena walking out of its alliance with BJP in the Mumbai civic body and the tussle between the parties — still partners in the state — doubts about the Fadnavis government have cropped up.