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COMPLICATED TAX-STRUCTURE IN UNION BUDGET FOR 2019-20 CAN LEAD TO TAX-EVASION

Saturday, 06 July 2019 10:39 Written by

Report;Bureau,Odishabarta 

New Delhi,06/07/19:Combination of interim and final Union Budgets for the year 2019-20 has complicated Direct-Tax structure which could lead to tax-evasion. With persons having assessed income upto rupees five lakhs per annum totally exempted from Income Tax, a person having income say rupees 501000 will evidently try to evade rupees 1000 from income because otherwise he would be getting exemption only on income upto rupees 250000. Basic exemption-limit should be same for all even if it could be less than rupees 500000.

Likewise cess-imposition of 3-percent for annual incomes between rupees two and five crores and 7-percent for income exceeding rupees five crores could be better replaced by another slab of 40-percent for incomes exceeding say rupees one crore so that higher tax-slab would have been applicable only on income exceeding with tax-slab of 30-percent. Any tax exceeding 30-percent can tend for tax-evasion, and this is why report of Raja Challaih committee recommending maximum tax-slab of 30-percent in tune with most other countries was implemented. 

Best would have been to have basic exemption limit of rupees 3 lakhs with nominal 5-percent tax-slab for income between rupees 3 and 5 lakhs to retain a wider tax-net. Those having income above rupees one crore could be asked for a compulsory deposit of say 30-percent of income exceeding rupees one crore in proposed long-term Elephant-Bonds with some nominal interest-rate for infrastructural development. Marriage-tax imposed on hi-fi marriage celebrations by ultra-rich could be yet other option for revenue-earning.

 

 

Input:Subham Chandra

ASKA MP DEMANDS PAY HIKE OF ASHA, ANGANWADI WORKERS IN L.S

Friday, 05 July 2019 04:04 Written by

Report;Bureau,Odishabarta 

New Delhi,04/07/19:BJD’s Aska MP Pramila Bisoyi today raised the issue of women empowerment in the Lok Sabha and demanded pay hike of ASHA and Anganwadi workers. 

Speaking in the House during the Zero Hour, Bisoyi said, “In September 2018, the Central Government had increased the remuneration of ASHA and Anganwadi workers to Rs 4500 per month, which is not enough. Women working at the grassroots level of the society should get respect. I demand hike in the remuneration of ASHA and Anganwadi workers to Rs 15,000 per month and of Anganwadi helpers to Rs 12,000 per month.” 

Prior to her speech, Lok Sabha Speaker Om Birla praised Bisoyi for her role in leading self-help groups (SHGs) in her area before her election as a member of the House. 

“I wish everyone on the occasion of Ratha Jatra. Jai Jagannath. Jai Odisha,” she concluded.

 

 

 

 

 

# agencies

AMIT SHAH RIGHTLY BLAMES NEHRU FOR KASHMIR PROBLEM; BUT OVERLOOKS KING-MAKER (?).

Friday, 05 July 2019 03:48 Written by

Report;Bureau,Odishabarta 

Amit Shah rightly blames Nehru for Kashmir problem; But overlooks king-maker who misused veto-power by snatching right of Sardar Patel as first Prime Minister 

New Delhi,04/07/19:Union Home Minister Amit Shah deserves all appreciation for his directly blaming Pandit Jawaharlal Nehru for creating Kashmir problem after snatching power of the then Union Home Minister Sardar Patel to look into the issue. But biggest surprise is that present nationalist government at the centre continues blindly politically worshipping a personality who was the real culprit at root level who misused his veto-power by snatching democratic right of Sardar Patel for becoming first Prime Minister of India and also doing injustice to majority community in so many ways apart from avoiding any help to save lives of great martyrs of freedom struggle of India. 

BJP has won 2019-elections on its commitment to repeal articles 35A and 370 of the Constitution to make Kashmir at par with other Indian states in all respects. Central government should immediately present constitution-amendment bill in this regard without fearing majority in Rajya Sabha, in the manner it presented Triple Talaq Bill. There are several non-NDA parties like TRS, BJD, YSR Congress etc which can be persuaded to support the Bill. Even Congress is unlikely to oppose the bill in fear of complete extinct of oldest national political party, like it unwillingly did on GST Bill. Even if the Bill fails in first attempt, it can be re-introduced again after NDA gets majority in Rajya Sabha in time to come.

 

 

 

Input;Subash Agarwal

KEONJHAR MP URGES; TO SET-UP RSP-LIKE PLANT IN KEONJHAR

Friday, 05 July 2019 03:41 Written by

Report;Bureau,Odishabarta 

New Delhi,04/07/19:BJD MP Chandrani Murmu, the youngest member of the 17th Lok Sabha, today urged the Centre to set up a mega steel plant in her constituency Keonjhar. 

In her maiden speech in the Parliament today, Murmu first greeted all the members of the House for Ratha Jatra. 

Justifying her demand, the MP said her constituency is enriched with various natural resources and iron ore is being supplied from the district to different parts of the country and abroad. However, people of the district, most of whom are tribals, are migrating to other cities or states in search of work. 

“Keonjhar has raw materials in abundance and all other criterion required for setting up of a steel plant. Like the one in Rourkela, I want the Centre to establish a mega steel plant in Keonjhar,” Murmu said adding that this would be of great help in creating jobs for local youth. 

Worth mentioning Murmu had won the Keonjhar Lok Sabha seat by defeating two-time BJP MP Ananta Nayak by a good margin of 66,203 votes.

 

 

 

# pns

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JSPL-ANGUL POSTS RECORD PRODUCTION OF HOT METAL

Thursday, 04 July 2019 04:19 Written by

Report;Bureau,Odishabarta

New Delhi, July 3, 2019: India’s largest Blast Furnace at JSPL Angul Odisha has produced its highest ever Hot Metal production of 10845 MT for a single day on 2nd July 2019. It is also reported that this is the ever highest production produced by any of the BFs in India. 

The furnace is stable for the last one week and has continuously produced more than 10,000 Tons per day. The largest BF of country having volume of 4554 m3 is running smoothly to cater the maximum need of hot metal for 6 MTPA capacity of Steel Melt Shop. 

It is noteworthy that JSPL’s 6MTPA Integrated steel making complex at Angul is the most modern and Odisha’s largest integrated steel plant.

BJP SHOULD EXPEL AKASH VIJAYVARGIYA UNLESS HE TENDERS UNCONDITIONAL APOLOGY

Sunday, 30 June 2019 12:31 Written by

Report;Bureau,Odishabarta 

BJP SHOULD EXPEL AKASH VIJAYVARGIYA UNLESS HE TENDERS UNCONDITIONAL APOLOGY WITH ASSURANCE OF NOT REPEATING SUCH UNLAWFUL CRIME IN FUTURE 

New Delhi,30/06/19:It was on expected lines that BJP MLA Akash Vijayvargiya who is son of top BJP leader Kailash Vjayvargiya would get easy bail for his crime of beating a dutiful officer of Indore Municipal Body, and thus obstructing performing his official duty. But soon after being released on bail, he looked defiant when he commented that he was not ashamed of his act and wished that no such opportunity may be created in future that he may have to repeat his batting-skill. This is beyond doubt a threatening tone for officers performing their duty. What more supporters of Akash Vijayvargiya added fuel to fire of crime when they unlawfully celebrated bail to culprit leader by firing bullets in air. 

BJP leadership should ask Akash Vijayvargiya for unconditional public-apology and commitment of not repeating any such unlawful act in future. He should also be directed to file case against his supporters who celebrated his release on bail by unlawfully firing in air. Otherwise he should be expelled from the party.

 

 

 

 

Input;Subash Agarwal

RUPEES 200-CRORES MARRIAGE-PARTY LEAVES 220 QUINTAL WASTE (!).

Tuesday, 25 June 2019 10:07 Written by

Report;Bureau,Odishabarta 

Rupees 200-crores marriage-party leaves 220 quintal waste: Impose marriage-tax and other measures to regulate and discourage mega-budgeted marriages 

New Delhi,24/06/19:Media-reports indicate that high-profile weddings of brothers Suryakant and Shashank of South Africa based Gupta family with estimated spending of rupees 200 crores in Auli of Uttarakhand, left 220 quintals waste requiring 7-8 trucks daily for ten days to clear.

India should follow Afghanistan to curb mega-budgeted marriage-celebrations. Large-scale wastage of food-items in marriage-celebrations should be prevented by re-introducing Guest Control Order 1960 with only soft drinks and beverages allowed in such functions. Principle adopted by then Delhi Chief Minister Shiela Dixit to boycott mega-budgeted functions should be an ideal for politicians cutting across party-lines. Marriage-tax should be imposed on marriage-celebrations exceeding say rupees five lakhs by one side as was suggested in a private-member bill introduced in Lok Sabha in February 2017. 

Supreme Court directive on 12.07.2018 asking central government to consider making it compulsory for families to disclose wedding expenditure by both sides of the families of bride and groom jointly to the marriage officer concerned should be implemented. It will not only limit wasteful expenditure at times due to social bindings on marriages but also effectively check unaccounted money being spent on marriage-related functions apart from lodging false claims made by bride-side in case of marital-disputes and divorces. 

It has become a trend to spend heavily on fancy boxes of wedding-invitation cards worth several thousands of rupees each which are practically of no use. Costly platters (with imported items where Indian substitutes are better and cheaper) and cash-envelopes from parents of brides should be banned through a legislative action in interest of society where this menace is causing problems especially in middle-class families. Introducing such measures will make people take birth of girl-child in family as boon rather than bane.

 

 

 

 

Input;Ms Madhu Agarwal

WELCOME MOVE OF CENTRAL GOVERNMENT TO BRING BILL IN LOK SABHA TO BAN TRIPLE TALAQ

Tuesday, 25 June 2019 10:03 Written by

Report;Bureau,Odishabarta

New Delhi,24/06/19:Central government deserves compliments to once again present bill to ban Triple Talaq in Parliament after the earlier passed bill on 27.12.2018 lapsed with dissolution of Lok Sabha. Government had incorporated all practical suggestions in the earlier-passed bill. Logic of maintenance for divorced wife and children in case of divorcing husband going to jail is meaningless because nobody should be sent to jail for any crime by this logic. Already several Muslim countries have banned Triple Talaq. If it was an interference in religious matters, then opposition should have cried for abolition of Dowry Act also.

Union government should now move further by banning multi-marriage by a Muslim man as a further step in welfare of Muslim-women. It is noteworthy that even most Islamic countries do not allow multi-marriages by men. At least it may be legislated that any non-Muslim adopting Islam may not be allowed to have more than one wife, because it is quite often that many non-Muslims including famous celebrities symbolically adopt Islam just for a day to have a second wife, which is a torture on first wife. 

Ideal is to implement Uniform Civil Code where the then Prime Minister Atal Bihari Vajpayee once in Lok Sabha clarified that Uniform Civil Code does not mean law of majority community for all. Rather he emphasized that good aspects from all religions like compulsory consent of girl for marriage as per Islamic Law would be considered for an ideal Uniform Civil Code.   

 

 

# Ms.Madhu Agarwal

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