Brace for a 2-day nationwide trade unions' strike

February 20, 2013

Brace_india

New Delhi, Feb 20: The financial and transport sectors are likely to be hit as the nation braces for a two-day strike called by major trade unions protesting against high prices, unemployment and the labour policies.

The government on Tuesday issued a fresh appeal urging bank employees not to join the strike called by various trade unions on February 20-21.

Prime Minister Manmohan Singh had earlier appealed to the trade unions not to go on strike while senior government ministers had explained to them the steps taken by the government to contain price rise, ensure employment generation and enforcement of labour laws.

"The central government is disappointed to note that a section of the bank employees has decided to join the strike called by certain trade unions on February 20-21, 2013," a government statement said.

Industry bodies have estimated a loss of Rs 20,000 crore from the 48-hour strike while trade union leaders have defended their move by saying that "social loses that have accumulated are so huge that we have been compelled to call the strike".

The trade union leaders, who held a meeting with three ministers — labour minister Malikarjun Kharge, defence minister A K Antony and agriculture minister Sharad Pawar - on Monday night, have accused the government of being "totally non-serious" about working out ways for the strike to be called off.

"They had absolutely nothing to offer," said AITUC general secretary and CPI leader Gurudas Dasgupta who was present at the meeting. "It was clear that the government was not serious in resolving any issue from the fact that the most important minister ( finance minister) P Chidambaram, who was supposed to be present, skipped the meeting," he added.

Blaming the government for anti-people economic policies and price rise, especially fuel, Dasgupta said, "If the government does not meet out demands even after the strike, we will opt for other measures like mass hunger strike, sectoral strikes, long drawn agitations to intensify our protest."

While he admitted that Delhi has never responded to the strike call in the past, the expectation is not high this time either. He is also sceptical about West Bengal where there could be clashes since the Left is supporting the strike but the Mamata Banerjee government is opposed to it.

On Tuesday, a day before the 48-hour strike, Dasgupta said that in coal fields of West Bengal, Jharkhand and Odisha, the contract labour at the mines had already gone on strike.

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News Network
March 4,2020

New Delhi, Mar 4: The Supreme Court on Wednesday revoked the ban of cryptocurrency imposed by the Reserve Bank of India (RBI) in 2018.

Pronouncing the verdict, the three-judge bench of the apex court said the ban was 'disproportionate'.

The bench included Justice Rohinton Fali Nariman, Justice S Ravindra Bhat and Justice V Ramasubramanian.

The Internet and Mobile Association of India (IAMAI), whose members include cryptocurrency exchanges, and others had approached the top court objecting to a 2018 RBI circular directing regulated entities to not deal with cryptocurrencies.

Advocate Ashim Sood, appearing for IAMI, submitted that Reserve Bank of India lacked jurisdiction to forbid dealings in cryptocurrencies. The blanket ban was based on an erroneous understanding that it was impossible to regulate cryptocurrencies, Sood submitted.

The petitioners had argued that the RBI's circular taking cryptocurrencies out of the banking channels would deplete the ability of law enforcement agencies to regulate illegal activities in the industry.

IAMAI had claimed the move of RBI had effectively banned legitimate business activity via the virtual currencies (VCs).

The RBI on April 6, 2018, had issued the circular that barred RBI-regulated entities from "providing any service in relation to virtual currencies, including those of transfer or receipt of money in accounts relating to the purchase or sale of virtual currencies".

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Agencies
May 31,2020

New Delhi, May 31: The income tax department has notified forms for filing income tax returns for the financial year 2019-20.

The Central Board of Direct Taxes (CBDT) has notified Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V for the assessment year 2020-21.

The department has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by the government following the COVID-19 outbreak.

The government has extended various timelines under the Income Tax Act, 1961, through the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020.

Accordingly, the time for making investment or payments for claiming deduction under Chapter-VIA-B of IT Act that include Section 80C (LIC, PPF, NSC etc.), 80D (Mediclaim) and 80G (Donations) for the financial year 2019-20 had been extended to June 30, 2020.

ClearTax founder and CEO Archit Gupta said, "The new forms require a separate table to disclose tax saving investment made in the first quarter of 2020 for availing them in FY 2019-20. Taxpayers must assess their tax liability for FY 2019-20 and make sure they are maximising their Section 80C benefits if not already done so."

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News Network
April 3,2020

New Delhi, Apr 3: Jamiat Ulema-e-Hind leader Mahmood Madani on Thursday said that misbehaviour with doctors cannot be tolerated as they are working to protect everyone.

"We can only spread awareness about coronavirus that its only cure is by taking precautions. The government shared the precautions that people should not take part in any gathering, be clean and maintain social distance. After the reports, it will clear that how it is spread in the country," Madani told news agency.

"People who are objecting to testing in Lok Nayak Jai Prakash Narayan Hospital are very wrong and they should follow the instructions.

Hospital authorities and administration should talk to them. Today doctors are our soldiers who protect us and wrong behaviour with doctors cannot be tolerated," he added.

He further said that Jamiat wrote to the PM Narendra Modi that they will provide a place for 10,000 people in different states. Our workers also distributed food to one lakh people, he added.

People who attended a religious prayer meeting from March 13-15 at Markaz in the Nizamuddin area of Delhi were sent to Lok Nayak Hospital for coronavirus test on March 30.

The Union Ministry of Health and Family Welfare on Thursday said that there are 2,069 coronavirus positive cases in India, including 1,860 active cases, 156 cured/discharged/migrated people and 53 deaths.

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