Main Page Archives
Service tax makes insurance, pay orders,
DD costly
New
Delhi: A host of banking services like pay- orders,
demand drafts, safe deposit lockers, safe vaults and insurance
cover have become costlier following levy of Service Tax
and Education Cess from September 10. Services offered by
sub-brokers, non-bank financial companies, multi-system
operators of cable TV, tour operators have also become costlier.
The government has notified the new services brought under
the tax net after President A P J Abdul Kalam gave his assent
to the Finance Bill on Friday night. Accordingly, the eight
new services category will now attract 10 per cent Service
Tax and a 2.0 per cent cess on it. Commission charged for
banking services like issue of pay orders, demand drafts,
cheque, letter of credit, bill of exchange, bank guarantee,
overdraft facility, bill discounting facility, safe deposit
lockers, safe vaults and operation of bank accounts, would
go up by 10.2 per cent, a senior bank official said. The
extra charges would be have to borne by consumers, he said,
adding if a bank is offering these services free of cost
then the consumer need not pay the tax. Banks are, however,
exempted from the service tax for handling government businesses
like collection of taxes levied by central and state governments.
In case of insurance, the government has given a option
-- either pay 10.2 per cent on the risk cover or pay 1.0
per cent of the gross premium. The other services that will
now attract service tax include companies including NBFCs
offering financial services.
Police
lathicharge VHP activists in Pratapgarh (Go
To Top)
Panchwad
(Maharashtra): The police had to lathi- charge hundreds
of slogan-shouting Hindu rightists belonging to the VHP
and Bajrang Dal when they tried to enter the 17th century
tomb of Afzal Khan and threatened to demolish it. Police
said they charged the crowd of about 500 people throwing
stones at them and the passing vehicles in Panchwad village
near the heavily guarded tomb, about 250 kms from Mumbai.
Local officials said that about 100 people had been detained
after the clash and authorities were on alert to prevent
anybody from sneaking up the hills to the tomb, which Hindus
want to remove as it lies near the fort of the Shivaji,
whom the former tried to kill. "We will try to demolish
it (tomb). We will not step back at all...let the police
stop us," Vijaya Pathak, an activist of the women's wing
of VHP, said. Shankar Gaiwkar, a defiant activist of Bajrang
Dal, an offshoot of the VHP, said: "We are law abiding citizens.
But if the government wants to torture us or want that protests
should happen like this, with violence agains us then they
will have to face the consequences." Police had already
detained hundreds of people as a preventive measure and
set up dozens of barricades on the roads leading to the
tomb and the Pratapgadh fort near the hill resort of Mahabaleshwar.
Muslims consider the tomb holy, and for years the faithful
travelled there to offer prayers. But, a year ago, authorities
closed the site because of the controversy between the two
communities. It is said that Afzal Khan met Shivaji to initiate
peace talks on the hill where the tomb - and the ruins of
Shivaji's Pratapgadh fort - now lie. The general tried to
assassinate Shivaji, but the king stabbed him instead and
buried Afzal Khan where he fell.
Delhi
farmhouse murder: MP's brother-in-law arrested from Siliguri
(Go
To Top)
New
Delhi: The Delhi Police today arrested the absconding
brother-in-law of Congress MP Mani Kumar Subba in connection
with the murder of the latter's parliamentary aide at his
farmhouse three days ago. Narinder, the brother-in-law,
was arrested in Siliguri, police sources said. Subba's aide
Milan was allegedly shot dead at former's farmhouse on Mehrauli-Gurgaon
Road on Thursday and the deceased's wife had alleged the
involvement of Narinder in the crime. Police have already
arrested two other suspects including the guard Ravi Lal
whose gun was apparently used in the killing.
Uma's
`Tiranga Yatra' enters Maharashtra (Go
To Top)
Mumbai:
The BJP's Tiranga Yatra led by former Madhya Pradesh
chief minister Uma Bharti entered Maharashtra today. /Hundreds
of BJP workers led by party's state unit chief Gopinath
Munde received the yatra at the Maharashtra-Karnataka border.
Bharti will be in Maharashtra for five days, the most in
any state during her 16-day tour. Meanwhile, the Election
Commission has cautioned that it will be monitoring her
and the party's conduct closely. The Tiranga Yatra, which
was flagged off from Hubli in Karnataka on September 10
will cover Maharashtra, Madhya Pradesh, Uttar Pradesh, Punjab
and Haryana. The Yatra will conclude at Jallianwallah Bagh
at Amritsar on September 25.
Two
CRPF officers, two militants killed in Srinagar (Go
To Top)
Srinagar:
At least two militants stormed a CRPF camp last night
in Srinagar killing two officers of the force and injuring
four others. The two members of suicide squad of Al-mansoorian
outfit intruded into the camp housed in Hotel York on the
banks of Dal Lake around 9.30 pm yesterday. They exploded
grenades and resorted to indiscriminate firing resulting
in the injuries to an Assistant Commandant of the force
and two jawans. Soon the CRPF engaged the intruders in the
gunfight, in which another Assistant Commandant and a jawan
were injured. The two Assistant Commandants later succumbed
to their injuries. And in the gunfight that continued for
nearly 12 hours, the two militants were also killed. Security
forces have cordoned off the entire area and are carrying
out search operations.
Manmohan
puts off J and K visit (Go
To Top)
New
Delhi: Prime Minister Dr Manmohan Singh today postponed
his next week's visit to Jammu and Kashmir. The move comes
in view of the October 13 by polls in four assembly constituencies
in the state as the model code of conduct is in prevalence
there. "The Prime Minister will certainly visit the state
once the by- elections were over," a PMO spokesperson said
today. Official sources earlier indicated that Singh was
likely to go there next week before flying to New York to
attend the United Nations General Assembly session later
this month. No fresh dates for the PM's proposed tour of
Jammu and Kashmir were announced.
After
Mulayam's assurance UP lawyers call off strike (Go
To Top)
Lucknow:
Uttar Pradesh lawyers today called off their 10-day-old
strike temporarily in protest against police lathicharge
on them on September 3, Oudh Bar Association president Ashok
Nigam said. The strike was called off after State Chief
Minister Mulayam Singh Yadav gave an assurance that action
would be taken against guilty police officials within two
days, Nigam said. A delegation of lawyers had called on
Yadav yesterday at the latter's invitation. Keeping in view
the CM's positive assurance and the interest of litigants,
it was unanimously resolved at a meeting of different bar
associations to suspend the agitation temporarily to watch
the situation, Nigan added. Now, the lawyers will resume
work from Monday.
Abdul
Kalam lands in Tanzania (Go
To Top)
by Prasad Sanyal
Dar-es-Salaam:
President of India Dr APJ Abdul Kalam arrived in Tanzania
today on a four-day state visit. Before touching down at
the Dar-es-Salam airport, Kalam briefed the media onboard
the aircraft regarding his Africa visit. He said that this
visit was a culmination of the New Delhi's `Focus Africa'
policy and his own personal interest in the African continent,
due to civilizational similarities and a shared colonial
past. "Africa as a continent we want to extend India's traditional
friendship. We want to cooperate with them in many ways.
Civilizationally we are nearer, India has a civilization
of around five thousand years, Africa also has a civilization
of five to ten thousand years, so personally, I am interested
in African history," said the President. The President is
accompanied on this trip by the Minister for Social Justice
and Empowerment, Meira Kumar, Member of Parliament from
Jammu and Kashmir and Vice President of the PDP, Mehbooba
Mufti, Member of the Rajya Sabha and former Governor of
the Reserve Bank of India, Bimal Jalan and a senior scientific
delegation. India is looking to co-operate with Tanzania
in the areas of education and health care. On this visit,
President Kalam will go to a special school for physically
challenged children in Dar-es Salam and distribute educational
aids. The school has been set up with Indian aid. "President
was very kind and he was so sensitive to the needs of the
children...where we would be distributing aids and apliances
to the children. President would be going there. Our team
has already arrived," said Meira Kumar, Minister for Social
Justice and Empowerment.
This visit of the President has generated a lot of interest
in Tanzania. The enthusiam and spontaneity of the welcome
on the tarmac and as the cavalcade drove through the streets
of the capital was far from being stage managed. Tanzanians
are looking at critical areas of cooperation with India.
One of them is combatting the menace of HIV-AIDS. With Indian
drug and pharmaceutical companies reaking new ground in
research and development of a HIV vaccine, not only Tanzania,
but other less developed countries in the African subcontinet
can stand to benefit. In the delegation level talks, attended
by both Presidents, the two sides also discussed ways and
means to tackle other dreaded diseases such as Malaria and
Tuberculosis. Another area of co-operation which will get
a boost from the President's visit and came up for talks
when the two delegations met was agriculture, especially
methods of irrigation. Tanzania, like India, has a primarily
agrarian economy with over eighty percent of the population
dependent on it. Agriculture accounts for about 44% of the
east African nation's Gross Domestic Product and contributes
more than half of its foreign exchange earnings. The President's
visit has also been greeted by the expatriate Indian community
and the people of Indian origin in Tanzania. There are over
40,000 people of Indian descent in this country of 35 million.
The community is influential in business and economic lie
of Tanzania. In addition, there are about five thousand
Indian expatriates. There is an even mix of Hindus and Muslims
and they are very active in social and cultural fields.