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Delhi Golf Club’s bank account frozen for non-payment of tax

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The New Delhi Municipal Corporation (NDMC) has frozen the bank account of the Delhi  Golf club for non-payment of property tax amount to Rs.769 crores approximately.

The club turned a deaf ear to the repeated reminders by NDMC to clear the outstanding tax payment after which the club’s account in RBL Bank was frozen.

An official member of NDMC claimed that at least six to seven legal notices were sent to the club to clear their dues which went unanswered. The most recent one was sent in November the previous year. As per the bylaws of the NDMC Act 1994, the council approached the club’s bank to recover Rs.269.24 crore but the bank soon sent a letter informing that their wasn’t enough balance in the account for payment.

A number of calls and messages to the office bearers of the Delhi Golf Club were also left unanswered. ” We sent them a final reminder last year before their bank account was attached. We informed the club the long pending dues, which have accumulated over several years. We gave them ample time to clear their dues but the administration was not ready to respond” said the NDMC official.

The Delhi Golf Club and NDMC have been involved in a long-standing legal battle over non-payment of taxation.(inputs from agencies)

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  • Shriya Katoch

    Stringent measures need to be taken against tax offenders .

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Concentrate on Health and Education as it is Done For Business: World Bank President

One in 10 people around the world lives in extreme poverty, which the World Bank defines as earning less than $1.90 a day.

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World Bank President Jim Yong Kim said that social unrest will spread without a focus on meeting basic human needs and taking a businesslike approach to philanthropy.
World Bank income groups. Wikimedia commons

The fight against poverty needs to focus aggressively on the health and education of the young and vulnerable, said non-government organization and development officials who spoke at the Milken Institute Global Conference in Los Angeles recently.

World Bank President Jim Yong Kim said that social unrest will spread without a focus on meeting basic human needs and taking a businesslike approach to philanthropy. The critique comes as a powerful new player, China, forges a major role in international development and as the World Bank prepares a ranking of nations to reflect investments in people.

Watch more in the video:

One in 10 people around the world lives in extreme poverty, which the World Bank defines as earning less than $1.90 a day. Nearly 6 million children under the age of 5 die every year, many from preventable diseases like pneumonia, diarrhea or malaria. (VOA)

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