Golflinks refutes claims linking I-T raids to smart meter installation
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Economic Times
8 hours ago
- Economic Times
Richer than Ambani! Noida man gets Rs 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299 in dead mother's Kotak savings account
A 20-year-old man in Noida discovered an unfathomable ₹1 septillion trillion in his Kotak Mahindra Bank account, prompting an Income Tax Department investigation. The account, belonging to Deepak, was frozen after the suspicious deposit was flagged. Authorities are probing whether it was a technical error, glitch, or money laundering attempt. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads In a strange turn of events, a 20-year-old man from Noida , Uttar Pradesh, was stunned to find an astronomical sum—over ₹1 septillion trillion or 1 undecillion—credited to his Kotak Mahindra Bank savings total amount in question is in 37 digits - Rs 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299.A journalist, Sachin Gupta, tweeted this earlier today. According to the tweet, the 20-year-old Deepak got this amount though he said it is about 1 billion 13 lakh 56 thousand crore rupees."My math is a bit weak. The rest of you can do the multiplication and division. Currently, the Income Tax Department is investigating. The bank account has been frozen," read the per a report of News24, the 20-year-old was operating the account which originally belonged to his mother, Gayatri Devi, who passed away two months ago. On the night of August 3, Deepak received a notification showing a credit of ₹1.13 lakh crore (₹1,13,56,000 crore). Confused and alarmed, he shared the message with his friends, asking them to count the next morning, Deepak went to the bank to verify the transaction. Bank officials confirmed the mind-boggling balance but informed him that the account had been frozen due to the suspiciously large deposit. The matter was immediately flagged to the Income Tax Department, which has now launched a formal the news spread rapidly, Deepak was bombarded with calls from relatives, friends, and neighbors. Unable to handle the sudden attention, he switched off his are now investigating whether the transaction was a technical error, a banking glitch , or a possible case of money laundering. Officials say the true source of the funds will be known only after a thorough expressed their disbelief. One wrote, "Not possible. It is just an error in the bank's software or a manual entry mistake."Another quipped that the 20-year-old is now richer than person even tried to count the amount, saying, "One hundred quintillion, one hundred thirty-five quadrillion, six hundred trillion, ten million, twenty-three thousand, five hundred sixty, and two hundred ninety-nine."
Time of India
8 hours ago
- Time of India
20-year-old Noida man gets Rs 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299 in dead mother's Kotak savings account. Here's how much that is
A 20-year-old man in Noida discovered an unfathomable ₹1 septillion trillion in his Kotak Mahindra Bank account, prompting an Income Tax Department investigation. The account, belonging to Deepak, was frozen after the suspicious deposit was flagged. Authorities are probing whether it was a technical error, glitch, or money laundering attempt. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads In a strange turn of events, a 20-year-old man from Noida , Uttar Pradesh, was stunned to find an astronomical sum—over ₹1 septillion trillion—credited to his Kotak Mahindra Bank savings total amount in question is in 37 digits - Rs 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299.A journalist, Sachin Gupta, tweeted this earlier today. According to the tweet, the 20-year-old Deepak got this amount though he said it is about 1 billion 13 lakh 56 thousand crore rupees."My math is a bit weak. The rest of you can do the multiplication and division. Currently, the Income Tax Department is investigating. The bank account has been frozen," read the per a report of News24, the 20-year-old was operating the account which originally belonged to his mother, Gayatri Devi, who passed away two months ago. On the night of August 3, Deepak received a notification showing a credit of ₹1.13 lakh crore (₹1,13,56,000 crore). Confused and alarmed, he shared the message with his friends, asking them to count the next morning, Deepak went to the bank to verify the transaction. Bank officials confirmed the mind-boggling balance but informed him that the account had been frozen due to the suspiciously large deposit. The matter was immediately flagged to the Income Tax Department, which has now launched a formal the news spread rapidly, Deepak was bombarded with calls from relatives, friends, and neighbors. Unable to handle the sudden attention, he switched off his are now investigating whether the transaction was a technical error, a banking glitch , or a possible case of money laundering. Officials say the true source of the funds will be known only after a thorough investigation.
News18
14 hours ago
- News18
PAN 2.0 to go live next year, I-T dept selects LTIMindtree to develop project
New Delhi, Aug 4 (PTI) The Income Tax Department has selected IT firm LTIMindtree Ltd to implement the PAN 2.0 project, which is expected to go live next year, an official said on Monday. The PAN 2.0 project will comprehensively handle issues/matters related to PAN and TAN, including allotment, updates/corrections, Aadhaar-PAN linking, re-issuance requests, online PAN validation etc., as a one-stop platform. It envisages simplifying PAN/TAN processes to enhance quality of service to the public and improving grievance redressal mechanisms. The PAN 2.0 project has been awarded to the successful bidder, M/s LTIMindtree Limited. The project is expected to 'go-live' in 18 months, an official said. LTIMindtree will act as the Managed Service Provider (MSP) for the design, development, implementation, operations, and maintenance of the project. Currently, PAN-related services are spread across three different platforms — e-Filing Portal, UTIITSL Portal, and Protean e-Gov Portal. With the implementation of PAN 2.0, all these services will be integrated into a single, unified portal. In a statement, LTIMindtree Spokesperson said, 'We have been awarded this prestigious PAN 2.0 project which looks to enhance the PAN issuance process and security through technology-driven innovation". The Cabinet Committee on Economic Affairs (CCEA) had approved the Income Tax Department's Rs 1,435-crore PAN 2.0 project on November 25, 2024. Existing Permanent Account Number (PAN) card holders are not required to apply for a new one under the upgraded PAN 2.0 system. With an existing database of over 81.24 crore PANs and over 73 lakh TANs, the PAN 2.0 project addresses the requirements of taxpayers, focusing on the consolidation of multiple platforms/portals and efficient services to PAN/ TAN holders. PAN is a 10-digit alpha-numeric number issued by the Income Tax department to Indian taxpayers. Similarly, Tax Deduction and Collection Account Number (TAN) is a 10-digit alpha-numeric number that is obtained by all persons responsible for deducting tax at source or who are required to collect tax at source. PAN 2.0 will comprehensively use technology for paperless processes. Allotment/updation/correction of PAN will be done free of cost and e-PAN will be sent to the registered mail ID. Shares of LTIMindtree closed at Rs 5,088.25 apiece, up 1.42 per cent over previous close on the BSE. PTI JD SHW view comments First Published: August 04, 2025, 18:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
