Tuesday evening news brief, March 27 2018

Tuesday evening brief Mar 27 2018
Good evening!
Here’s everything that transpired during the course of the day…
Karnataka will vote in a single-phase election for the state Assembly on May 12. Counting of votes will be held May 15. The model code of conduct comes into force in the state immediately. The Election Commission, while announcing the schedule, also said that April 24 will be the last date to file nominations and April 27 will be the last date for withdrawal of candidature. Read
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A Delhi court has ordered attachment of properties of fugitive businessman Vijay Mallya. The court said coercive process has to be initiated against Mallya as he was facing proceedings in several cases and avoiding appearance in those matters. Mallya was declared a proclaimed offender for evading summons in a money laundering case related to FERA violation.
Mamata Banerjee has met several opposition leaders to further her pitch for an anti-BJP front. She met NCP’s Sharad Pawar and Shiv Sena’s Sanjay Raut in Delhi today. Mamata said she will be meeting dissident BJP leaders Shatrughan Sinha, Yashwant Sinha and Arun Shourie on Wednesday. The Trinamool chief also said she will meet Sonia Gandhi once the ex-Congress president recovers from her illness.
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March 31 is the deadline for filing belated I-T returns for the financial year 2016-17. It is also the last date for filing a belated return for the financial year 2015-16. A belated return can now be filed before the expiry of twelve months from the last day of the financial year, as opposed to twenty four months that was available prior to this amendment.
Sri Lanka PM Wickremesinghe said his country is seeking investments from India and Japan to balance China. A previous Lankan government secured billions of dollars of Chinese loans, contributing to a debt burden that threatens to impede economic growth. Public anger over Chinese debt helped Wickremesinghe rise to power three years ago.
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