Kumaraswamy says his govt will complete full term

Agencies
August 30, 2018

Bengaluru, Aug 30: The JD(S)-Congress coalition government in Karnataka has "taken off" smoothly and will complete the full term without hiccups, Chief Minister H D Kumaraswamy said here today on completion of 100 days in office.

The coalition government is "secure" and there are no differences between the ruling allies, he asserted, and strongly criticised the BJP for "creating confusion" among people by constantly questioning the stability of his government.

"How can anyone say the government has not taken off when the Centre has appreciated the state for its relief work in flood-hit Kodagu. Even the President of India has praised the state for taking active steps to provide the relief," Kumaraswamy said at a press conference here.

"Only an active government can think of announcing Rs 4,500 crore farm loan waiver and relief from indebtedness to small farmers, landless agricultural labourers and those from the economically weaker section," he said.

Kumaraswamy hit out at the BJP, saying the opposition party was living in an imaginative world.

"Since land denotification and crimes are not happening, Yeddyurappa feels that our government has not taken off. But for this, what else the BJP leaders can talk about. BJP leaders are living in an imaginative world," he said replying to a query on BJP state president B S Yeddyurappa' remark that the coalition government has not yet taken off fully.

Asked if political rumblings and differences have been sorted out with the ruling partner, Kumaraswamy said, "We can resolve only if there are fights. There are no fights."

He said that the coalition government is "secure" and will complete the term without hiccups.

On senior Congress leader and former chief minister Siddaramaiah's comments about becoming chief minister again, fuelling speculation that all is not well within the coalition government, Kumaraswamy said: "Everyone should have the aspiration to become a chief minister. Anybody can become a chief minister. Yeddyurappa can also. You cannot grow in politics if you don't have aspiration."

Congress leader and Deputy Chief Minister G Parameshwara, who was present at the press conference, also ruled out any serious differences between the coalition partners.

"All decisions are being taken with proper consultation. Even farm loan waiver was announced after a discussion between the coalition parties," he said.

Senior Congress leader and Revenue Minister R V Deshpande said that a common minimum programme has been chalked out and decisions are taken accordingly. "There are no internal differences nor any fights."

Earlier during the day, Kumaraswamy called on Congress president Rahul Gandhi and expressed gratitude for the party's support on completion of 100 days of the coalition government in Karnataka.

In a brief meeting, he also urged the Congress chief to help speed up the process of expansion of the cabinet and appointment of chairman for corporation boards in the state.

The state chief minister also met Union Home Minister Rajnath Singh and submitted an interim memorandum seeking release of Rs 1,118.40 crore relief funds for flood-hit eight districts including Kodagu in the state.

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Agencies
March 14,2020

New Delhi, Mar 14: Excise duty on petrol and diesel was on Saturday hiked by ₹3 per litre as the government looked to mop up gains arising from fall in international oil prices.

Special excise duty on petrol was hiked by ₹2 to ₹8 per litre incase of petrol and to Rs 4 incase of diesel, an official notification said.

Additionally, road cess on petrol was raised by ₹1 per litre each on petrol and diesel to ₹10.

The increase in excise duty would in normal course result in a hike in petrol and diesel prices but most of it would be adjusted against the fall in rates that would have necessitated because of slump in international oil prices.

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Agencies
July 13,2020

New Delhi, Jul 13: The Income Tax Department has facilitated a new functionality for banks and post offices to ascertain TDS applicability rates on cash withdrawal of above Rs 20 lakh in case of a non-filer of the income-tax return and that of above Rs 1 crore in case of a filer of the income-tax return.

In a statement, the Central Board of Direct Taxes (CBDT) said that now banks and post offices have to only enter the PAN of the person who is withdrawing cash for ascertaining the applicable rate of TDS.

So far, more than 53,000 verification requests have been executed successfully on this facility, a statement by the CBDT said.

"CBDT today said that this functionality available as 'Verification of applicability u/s 194N' on www.incometaxindiaefiling.gov.in since 1st July 2020, is also made available to the Banks through web-services so that the entire process can be automated and be linked to the Bank's internal core banking solution," it said.

On entering PAN by the bank or the post office, a message will be instantly displayed on the departmental utility: "TDS is deductible at the rate of 2 per cent if cash withdrawal exceeds Rs 1 crore", in case the person withdrawing cash is a filer of the income-tax return.

In case the person withdrawing cash is a non-filer of income tax return, the message shown would be: "TDS is deductible at the rate of 2 per cent if cash withdrawal exceeds Rs 20 lakh and at the rate of 5 per cent if it exceeds Rs 1 crore."

The CBDT said that the data on cash withdrawal indicated that huge amount of cash is withdrawn by the persons who have never filed income-tax returns.

To ensure filing of return by these persons and to keep track on cash withdrawals by the non-filers, and to curb black money, the Finance Act, 2020 with effect from July 1, 2020 further amended IT Act to lower threshold of cash withdrawal to Rs 20 lakh for the applicability of this TDS for the non-filers and also mandated TDS at the higher rate of 5 per cent on cash withdrawal exceeding Rs 1 crore by the non-filers.

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News Network
May 6,2020

Hyderabad, May 6: Away from city lights, two hours before Sunrise, people in India and across the world can witness Annual Meteor Shower called Eta Aquarids till May 28.

Observed since time immemorial, Meteor shower are commonly known as shooting stars which are nothing but dust flakes of comet/asteroid entering earth atmosphere.

This Annual Eta Aquarids Meteor Shower peaked on Wednesday at 02.30 am on Wednesday whereas presence of Full Moon was an obstacle outshining bright streaks of lights of this meteor shower zipping across the South Eastern sky.

As this meteor shower is active till May 28, people can still watch this celestial spectacle in early morning every day, Planetary Society of India (PSI) Director N Sri Raghunandan Kumar interacting with UNI said.

As per International Meteor Organization (IMO), 50 meteors per hour are expected to be seen on day of peak today. And this number would vary as days pass on till May 28 while earth passes through dust cloud of comet debris in its orbit.

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