Facebook Instagram Twitter Youtube
  • Home
  • Latest
  • Punjab
  • Himachal Pradesh
  • Haryana
  • Education
  • Health
  • Transfer
  • Punjabi News
  • India
  • Others
  • Elections
  • Contact Us
Search
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Royal Patiala Royal Patiala
Royal Patiala Royal Patiala
  • Home
  • Latest
  • Punjab
  • Himachal Pradesh
  • Haryana
  • Education
  • Health
  • Transfer
  • Punjabi News
  • India
  • Others
  • Elections
  • Contact Us
Home Punjab Capt Amarinder’s income increase on account of salary,sale of certain properties

Capt Amarinder’s income increase on account of salary,sale of certain properties

457
Share
Facebook
Twitter
Pinterest
WhatsApp
Linkedin
Email
Print
Telegram
    Capt Amarinder’s income increase on account of salary,sale of certain properties (Photo courtesy-Internet)

    Capt Amarinder’s income increase on account of salary,sale of certain properties

    KS Diwan/ royalpatiala.in/ Chandigarh

    The seven-fold increase in Captain Amarinder Singh’s income after becoming Chief Minister was attributable directly to his salary and perquisites, as well as sale of certain properties, for which there was no provision to mention in the form 26 affidavit submitted by his wife, Preneet Kaur, with her nomination papers as Congress candidate from Patiala.

    Clarifying this, a spokesperson said that while Captain Amarinder’s individual income in 2016-17 was Rs. 12.14 lakhs, his HUF income was nil. At the end of fiscal 2017-18, the chief minister had earned Rs. 81.43 lakhs as monthly salary and perquisites resulting from his position, which included yearly salary of Rs 72 lakhs and interest from banks and other financial institutions shown in his income tax returns. Further, he had earned Rs. 9.72 lakhs as Karta of Hindu Undivided Family (HUF) during 2017-18, on account of difference of capital gain by sale of property.

    Capt Amarinder’s income increase on account of salary,sale of certain properties (Photo courtesy-Internet)

    As far as increase in value of assets was concerned, the same had gone up from Rs. 48.29 crores to Rs. 58.40 crores in the last two years, said the spokesperson, adding that the increase was the result of sale of certain properties/land.

    The details of these sales were Rs. 4 crores as advance received against sale of land in Himachal Pradesh, Rs 5 crores from sale of HUF land in village Bahadurgarh Patiala, Rs 1 crore against sale of land in village Marzi and Rs. 1.25 crore from sale of Dubai flat.

    Out of the sale proceeds, Rs 3.71 had gone into purchase of land in village Siswan, with another Rs. 4.71 crore incurred on construction of a house on this land.

    While all these details had been furnished in the previous IT returns filed for year ended March 2018, these could not be provided in the affidavit submitted by Preneet as Form 26 affidavit regarding Moveable and Immoveable properties of the spouse requires only declaration of total assets, with no column to depict the sale of properties and assets.

     

    Share
    Facebook
    Twitter
    Pinterest
    WhatsApp
    Linkedin
    Email
    Print
    Telegram
      Previous articlePolice DAV Public School Patiala shines in Spain
      Next articleKhalsa College organised National Seminar on Guru Nanak’s Life and Philosophy
      Kanwar Inder Singh

      RELATED ARTICLESMORE FROM AUTHOR

      Punjab’s four senior IPS, PCS officers are retiring today

      Punjab’s four senior IPS, PCS officers retiring today

      Unauthorized Colonies at three locations razed in Patiala

      Unauthorized Colonies at three locations razed in Patiala

      BJP Circle President Dharminder Singh Bhinda demands Investigation into Viral Video allegedly linked to an AAP leader

      BJP Circle President Dharminder Singh Bhinda demands Investigation into Viral Video allegedly linked to an AAP leader

      - Advertisement -

      MOST POPULAR

      ਪਟਿਆਲਾ ਜਿਲੇ ਵਿਚ ਕੋਵਿਡ 19 ਦਾ ਪਹਿਲਾ ਕੇਸ ਆਇਆ ਪੋਜੀਟਿਵ; ਲੈਬ...

      ਸਮੁੱਚੀ ਮਾਨਵਤਾ ਨੂੰ ਸਹੀ ਮਾਰਗ ਦਰਸ਼ਨ ਕਰਨ ਵਿਚ ਸੰਤਾ ਮਹਾਪੁਰਸ਼ਾ ਦਾ ਮਹੱਤਵਪੂਰਨ ਯੋਗਦਾਨ-ਜੈ ਕਿਸ਼ਨ ਰੋੜੀ

      ਸਮੁੱਚੀ ਮਾਨਵਤਾ ਨੂੰ ਸਹੀ ਮਾਰਗ ਦਰਸ਼ਨ ਕਰਨ ਵਿਚ ਸੰਤਾ ਮਹਾਪੁਰਸ਼ਾ ਦਾ...

      ISKCON Chandigarh celebrated Krishna Janamashtami in a marvellous and unprecedented way

      ISKCON Chandigarh celebrated Krishna Janamashtami in a marvelous and unprecedented way

      ਸਰਕਾਰੀ ਕਾਲਜ ਰੂਪਨਗਰ, ਵਿਖੇ ਮਾਤ ਭਾਸ਼ਾ ਪੰਜਾਬੀ ਨੂੰ ਸਮਰਪਿਤ ਸਾਹਿਤਕ ਮੁਕਾਬਲੇ ਕਰਵਾਏ

      ਸਰਕਾਰੀ ਕਾਲਜ ਰੂਪਨਗਰ, ਵਿਖੇ ਮਾਤ ਭਾਸ਼ਾ ਪੰਜਾਬੀ ਨੂੰ ਸਮਰਪਿਤ ਸਾਹਿਤਕ ਮੁਕਾਬਲੇ...

      Load more

      HOT NEWS

      ਅੱਜ ਦੇ ਪਟਿਆਲਾ ਜ਼ਿਲ੍ਹੇ ਦੀ ਅਪਡੇਟ; ਜ਼ਿਲ੍ਹੇ ਵਿੱਚ ਵਧੇ ਕੇਸ :ਸਿਵਲ ਸਰਜਨ

      ਅੱਜ ਦਾ ਪਟਿਆਲਾ ਕੋਵਿਡ ਅਪਡੇਟ; ਸੋਮਵਾਰ ਨੂੰ ਮੈਗਾ ਡਰਾਈਵ ਤਹਿਤ ਕੋਵਿਡ...

      Concerned DCs to take call to open schools in flood affected areas; School opening in Punjab from July 17

      Concerned DCs to take call to open schools in flood affected...

      BJP in catch 22 situation: pulls up Kangana Ranaut over remarks on farm agitation; distances from her remarks on farmers'

      BJP in catch 22 situation: pulls up Kangana Ranaut over remarks...

      Adopt a Heritage project, LoI awarded for 22 monuments

      EDITOR PICKS

      The City Beautiful turns 71

      Patiala’s foundation day goes unnoticed

      Srinagar’s ‘PariMahal’ –Abode of Fairies: Mohammad Hanief

      POPULAR POSTS

      PM Modi invites ideas for Independence Day 2025 Address, releases thought sharing platform

      JGND Punjab State Open University students qualify UGC NET

      Punjabi University’s Research Shines at Global Stage

      POPULAR CATEGORY

      • Punjab12286
      • Education2213
      • Covid-19-Update2085
      • Others1791
      • ਪੰਜਾਬੀ ਖਬਰਾਂ1432
      • India1404
      • Health1300

      ABOUT US

      The RoyalPatiala Sites may contain links to or advertisements concerning other Web sites. Other sites may also reference, advertise, or link to RoyalPatiala Site.

      Contact us: [email protected]

      FOLLOW US

      Facebook
      Instagram
      Twitter
      Youtube

      © All Rights Reserved

      • Home
      • Privacy Policy