District Collector moves to freeze BEST’s bank accounts

Three BEST bank accounts sealed

The district collector on Wednesday sealed three bank accounts of the BEST over non-payment of tax. Senior member of the BEST Committee, Ravi Raja said that the accounts were frozen two days ago. BEST owes the government around Rs. 500 crore in passenger tax and nutrition surcharge accumulated since 2010 and has cumulative losses of over Rs. 2,000 crore. It has asked the government to consider its financial position and grant relief. The way forward will be discussed in a meeting tomorrow, officials said.

Source: Read Full Article