Value of Congress MLA U. T. Khader’s assets doubled in 5 years
The Hindu
U.T. Khader, who is contesting for the fifth time from Mangaluru on behalf of the Congress, had assets worth ₹1.41 crore in 2018. In 2023, he has assets worth ₹3.41 crore. He has not declared liabilities in this period.
While Mangaluru MLA U. T. Khader’s income decreased from ₹14.50 lakh in 2016-17 to ₹10.58 lakh in 2021-22, value of his assets more than doubled during this period.
Mr. Khader, who is contesting for the fifth time from Mangaluru on behalf of the Congress, had assets worth ₹1.41 crore in 2018. In 2023, he has assets worth ₹3.41 crore. He has not declared liabilities in this period.
His wife Lamees Khader owns Hawwa petrol pump, the director of Tencho Private Limited, and the business partner in Fortune Hyper Market. Her income has been shown as loss of ₹11.86 lakh in 2021-22. The value of her assets was ₹59.15 lakh in 2018. The value has increased nearly five times to ₹2.89 crore in 2023. She had no liability in 2018 while in 2023 her liabilities amount to ₹69.8 lakh.
Mr. Khader had movable assets worth ₹41.26 lakh and immovable assets worth ₹99.92 lakh in 2018. In 2023, his movable assets were worth ₹60.23 lakh and immovable assets were worth ₹2.81 crore.
Mr. Khader’s movable assets include his three bank accounts where the total balance is ₹21.7 lakh. He has paid ₹12.42 lakh premium for a life insurance policy, and lent ₹25 lakh to Keerthi Bharath Gas.
His fixed assets include 0.65 cents of agriculture land worth ₹6.21 lakh, 0.37 acre of non-agriculture land worth ₹1.73 crore, two residential properties worth ₹1 crore. He has given an advance of ₹1 lakh for purchase of a flat in Deralakatte, Mangaluru.
Ms. Khader’s movable assets include her five business and one savings account where the total balance is ₹4.91 lakh. She has 100 shares of Tencho Private Limited worth ₹1 lakh. She has paid ₹2.64 lakh premium for two LIC Policies, has a car worth ₹75,000, a fuel tanker worth ₹22.5 lakh, 500 grams of jewellery worth ₹28 lakh, and ₹87 lakh capital investment in Hawwa Petroleum.
A special team comprising 11 police personnel, including a few officers from Tirupati in Andhra Pradesh, conducted a probe at a private dairy unit in Dindigul in connection with the Tirumala laddu case on Saturday (November 23, 2024).
Close contest in Aurangabad East & Central seats in Maharashtra Assembly polls, with AIMIM holding its own.
RSS played a crucial role in shaping Maharashtra Assembly elections, focusing on urban voter mobilization and supporting BJP-led Mahayuti alliance.
Trinamool Congress sweeps all six bypolls in West Bengal, solidifying political dominance despite ongoing protests.
Union Minister Bandi Sanjay Kumar discusses Congress' poor performance in Maharashtra, praises BJP and PM Modi's development mantra.
Senior BJP leader and former Telangana Governor Tamilisai Soundararajan on Saturday (November 23, 2024) said the landslide victory of the Mahayuti alliance in the Maharashtra Assembly election was historic, and that it reflected people’s mindset across the country. She added that the DMK would be unseated from power in the 2026 Assembly election in Tamil Nadu and that the BJP would be the reason for it.
CPI(M) Kerala Secretary analyzes LDF's victory in bypolls, dismisses anti-incumbency claims by Congress-BJP alliance, predicts future success.
Assembly poll results in Jharkhand and Maharashtra reveal the impact of women-centric welfare schemes and OBC leadership on political outcomes.
How three youngsters got together to solve the problem of arsenic contamination in groundwater
Maharashtra election results 2024: who is winning in Assembly poll battles where NCP factions are facing each other?
With inventive cocktails and unusual food combinations, The Neighborhood Bar aims to become a T Nagar hangout