Confident Group chairman found dead in Bengaluru, suicide suspected
Bengaluru (PTI): C J Roy, founder and chairman of real estate firm Confident Group, was found dead at his office here on Friday, police said.
Police suspect it to be a case of suicide, though they said a conclusion would be drawn after the post-mortem examination.
According to police, Roy suffered bullet injuries from his licensed firearm at his office near Richmond Circle in the city, raising suspicion that he may have shot himself.
Soon after a gunshot was heard, staff members rushed to his room and found him lying in a pool of blood, sources said.
He was immediately taken to a hospital, where doctors declared him dead.
Sources said the Income Tax Department had conducted searches at his premises earlier in the day.
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CM launches poster campaign 'Justice for Karnataka'
Bengaluru (PTI): Karnataka Chief Minister Siddaramaiah on Friday released nine posters as part of a campaign: ‘Justice for Karnataka. Fair Share–Strong Federalism’ asking the Centre to heed state's demands.
These posters highlight key demands placed before the Finance Commission: Restoring Karnataka’s fair tax share; correcting unjust income, population and GSDP criteria; ensuring fair disaster and ecological support; strengthening decentralisation; providing dedicated infrastructure support for Bengaluru; supporting backward regions like Kalyana Karnataka; and upholding the constitutional spirit of cooperative federalism, Siddaramaiah said.
In a statement, Siddaramaiah said his government has placed its legitimate and constitutionally grounded demands before the 16th Finance Commission, seeking justice in tax devolution and fiscal federalism.
“We hope that the 16th Finance Commission reflects these concerns fairly in its recommendations, and that the Union Government under Prime Minister Narendra Modi implements them in letter and spirit, without subjecting Karnataka to petty politics or discrimination, as has unfortunately happened in the past,” the chief minister said.
Siddaramaiah underlined that Karnataka is among the country’s highest contributors to national revenues, yet its share in tax devolution was earlier reduced from 4.71 per cent to 3.64 per cent causing a loss of nearly Rs 80,000 crore.
"Flawed formulas that penalise development and population control, unrealistic GSDP calculations, inadequate disaster support, unchecked cesses and surcharges, denial of GST compensation, and non-release of recommended grants have collectively weakened the state’s finances," Siddaramaiah charged.
