English हिन्दी
Connect with us

Latest News

Budget 2019-2020: File Income Tax returns quoting either PAN or Aadhaar number

Published

on

Pan-Aadhaar

[vc_row][vc_column][vc_column_text]The rich will have to pay more tax

Presenting her maiden budget, Union Finance Minister (FM) Nirmala Sitharaman today (Friday, July 5) said people can file income tax returns using the Aadhaar card if they do not have a PAN card.

The proposal thus makes PAN card and Aadhaar card interchangeable, allowing those who do not have a PAN card to file income tax returns.

“More than 120 crore Indians now have Aadhaar card, therefore for ease of taxpayers I propose to make PAN card and Aadhaar card interchangeable and allow those who don’t have PAN to file returns by simply quoting Aadhaar number and use it wherever they require to use PAN,” the FM said in her budget speech in Parliament.

Sitharaman also proposed to issue Aadhaar cards to non-resident Indians (NRI’s) holding Indian passport on their arrival in the country.  Under the current rule, NRI’s were required to wait for 180 days to get the Aadhaar card.

“I propose to consider issuing Aadhaar cards for NRIs with Indian Passports after their arrival in India without waiting for mandatory 180 days,” Sitharaman said in her budget speech.

As on May 31, 2019, the Unique Identification Authority of India (UIDAI) had generated a total of 123.82 crore Aadhaar to residents of the country.

Sitharaman also announced that a faceless and anonymous assessment system for income tax returns will be rolled out this year in phases.

She also announced a surcharge on individuals having taxable income of Rs 2 crore to Rs5 crore and for those above Rs5 crore which will hike their effective tax rate by 3 per cent and 7 per cent respectively.

She said measures are being worked out to ease filing returns and tax compliance. Taxpayers with an annual turnover of less than Rs5 crore will have to file only quarterly returns, she said

To boost cash-less economy, she said business establishments with annual turnover of Rs50 crore will have to use BHIM, UPI, Aadhaar Pay, NEFT, RTGS modes of payments with no charges or merchant discount rates will be imposed on customers or merchants.[/vc_column_text][/vc_column][/vc_row]

India News

Meta to face Indian parliamentary panel over Zuckerberg’s election remarks

Published

on

Mark Zuckerberg

Social media giant Meta will soon be summoned by India’s Parliamentary Standing Committee on Communication and Information Technology over CEO Mark Zuckerberg’s comments regarding the 2024 Indian general election. Nishikant Dubey, BJP MP and chairman of the panel, stated that Meta would be held accountable for allegedly spreading misinformation.

“Misinformation in a democratic country damages its image. The organization must apologize to the Parliament and the people for this mistake,” Dubey said in a post on X.

Zuckerberg, during a January 10 podcast, referred to the global erosion of trust in governments post-Covid. He claimed that in 2024, major elections worldwide, including India’s, saw incumbents losing power, linking this trend to factors such as inflation, economic policies, and pandemic handling.

The statement was swiftly fact-checked by Union Minister Ashwini Vaishnaw, who clarified that India’s 2024 general elections reaffirmed public trust in the NDA led by Prime Minister Narendra Modi.

“As the world’s largest democracy, India conducted its 2024 elections with over 640 million voters. People reaffirmed their trust in the NDA under PM Modi’s leadership. Zuckerberg’s claim is factually incorrect,” Vaishnaw posted on X.

He also highlighted Modi’s governance during Covid, emphasizing free food for 800 million citizens, 2.2 billion free vaccines, and economic recovery efforts that positioned India as a fast-growing economy. Vaishnaw expressed disappointment in Meta for allowing such misinformation, urging the platform to prioritize factual reporting.

While the BJP saw a slight dip in seats during the 2024 elections, the NDA comfortably retained power with its allies’ support. This marked Modi’s historic third consecutive term as Prime Minister, making him only the second Indian leader after Jawaharlal Nehru to achieve this milestone.

The controversy surrounding Zuckerberg’s remarks underscores the growing scrutiny of social media platforms in influencing political discourse and the need for accountability in the digital space.

Continue Reading

India News

Army vehicle accident in J&K claims two soldiers’ lives, two others injured

Published

on

Two soldiers were tragically killed and two others injured when an Army vehicle skidded off the road and plunged into a gorge in Jammu and Kashmir’s Bandipora district on Saturday.

The accident took place near the SK Payen area, leaving the soldiers with serious injuries. The injured personnel were promptly rushed to a nearby hospital for treatment, while the loss of the two soldiers has left the entire region in mourning.

This unfortunate incident follows another similar tragedy that occurred just a month ago in Poonch. In that accident, five soldiers lost their lives, and five others were injured when their truck fell into a 300-foot gorge. The Army’s White Knight Corps paid tribute to the fallen soldiers, sharing a statement on social media expressing their deepest condolences for the “brave soldiers” who had been serving on operational duty in the Poonch sector.

The latest loss has drawn widespread expressions of grief from political leaders. Jammu and Kashmir Chief Minister Omar Abdullah expressed his sorrow, while Congress leader Rahul Gandhi offered his heartfelt tributes to the martyrs. He also wished for a swift recovery for the injured soldiers and extended his deepest condolences to their grieving families.

These two incidents highlight the ongoing risks faced by soldiers in the line of duty, and the sacrifices made in protecting the nation. Authorities are continuing their investigation into the cause of the accident, while the military community comes together to mourn the tragic losses.

Continue Reading

India News

Aligarh man’s journey ends in arrest as Pakistani woman declines marriage proposal

Published

on

India-Pakistan International Border

A 30-year-old Indian man, Badal Babu, from Uttar Pradesh’s Aligarh district, is in judicial custody in Pakistan after illegally crossing the border to meet his Facebook friend, only to be rejected. The woman, identified as 21-year-old Sana Rani, told authorities she has no interest in marrying him.

The arrest took place in Mandi Bahauddin, a district in Pakistan’s Punjab province, roughly 240 kilometers from Lahore. Babu was detained under sections 13 and 14 of Pakistan’s Foreign Act for entering the country without proper documentation.

A Facebook friendship turns sour

According to Punjab police officer Nasir Shah, the duo had been friends on Facebook for over two and a half years. Babu, in love with Rani, decided to cross the border illegally to propose. However, Rani’s statement to the police made it clear she had no intention of marrying him.

Shah added, “Babu crossed into Pakistan illegally and reached Maung village, where he was apprehended. Whether he met Rani in person remains unclear.”

Family under scrutiny

Reports suggest that intelligence officials questioned Rani and her family about her relationship with Babu. Although there is speculation that Rani may have given her statement under duress, this remains unconfirmed.

Legal proceedings begin

Babu, who narrated his “love story” to authorities, was presented in court, which placed him in judicial custody for 14 days. His next hearing is scheduled for January 10.

A familiar tale across borders

Babu’s story echoes previous cross-border romances fostered through social media or online games.

  • In a widely publicized case, Indian woman Anju traveled to Pakistan to marry Nasrullah, converting to Islam before tying the knot.
  • Similarly, Seema Haider, a Pakistani woman, crossed into India via Nepal to marry her PUBG friend after bringing her four children along.
  • Last year, 19-year-old Pakistani girl Iqra Jiwani married Indian national Mulayam Singh Yadav in Nepal after meeting him online.

While these cases highlight the unifying power of social media, they also underscore the legal and personal challenges of navigating cross-border relationships.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com