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Sunday, 29 October 2017

Inspired by CM Nitish Kumar, Bihar couple had a dowry free marriage



Not many newlyweds get a certificate of appreciation from their state’s chief minister soon after they get married.

But on Saturday, Prakash Kumar Sah and Puja Kumari, natives of villages in Bihar’s Bhojpur district, got one from Chief Minister Nitish Kumar at his residence in Patna, and received his blessing.

Why? Prakash hadn’t asked for a dowry. And by his own admission, his inspiration was a campaign Nitish launched earlier this month to combat the practice, which has been illegal in India since 1961.
The campaign, which began on Gandhi Jayanthi, also combats child marriage.

It isn’t the first time Nitish Kumar has personally expressed appreciation for someone who’s contributed to the eradication of dowry.

Earlier this month, he called up and congratulated a former headmaster from Bhojpur who returned a dowry of Rs. 4 lakh to his future daughter-in-law’s family.

India may not have won U-17 World Cup but Indian youngsters have won hearts: PM Modi



The Indian team may not have won the cup but the youngsters have won the hearts of everyone, Prime Minister Narendra Modi said on Sunday, 29 October, about the FIFA Under-17 World Cup which ended in Kolkata on Saturday, 28 October.

He congratulated England for winning the World Cup while stating that all teams had displayed their best talent during the tournament held in India for the first time.

In his monthly radio programme ‘Mann Ki Baat’, Modi referred to some other recent sports events like the Asia Cup (hockey) and Denmark Open (badminton) and hailed India’s victory in these competitions.

India won the Asia Cup after 10 years, while K Srikanth won the Denmark Open after emerging victorious in Indonesia Open and Australia Open, he noted.

Turning to FIFA Under-17, he said there was excitement among the players as well as spectators during such a big tournament.

Narendra Modi, Prime MinisterThe World Cup was hosted successfully and all the teams displayed their best talent. India may not have won the cup but the Indian youngsters have won the hearts of everyone.

A father, who had thrown his four daughters and wife from a speeding train



A father, who had thrown his four daughters and wife from a speeding train in Uttar Pradesh’s Sitapur district on Wednesday, is hiding in Jammu, according to police sources here.

A police team left for Jammu after the father, identified as Iddu, a resident of Bihar’s Betiah district, was traced to Jammu. Iddu’s 18-year-old son from his first wife lives in Jammu, sources said.

GRP officials, who visited Betiah and spoke to the maternal grandmother of the girls, said Iddu had some “psychiatric issues”. She claimed that Iddu had earlier killed his first wife and her brother.

Sources said Iddu, who had five daughters from his second wife Ableena, wanted to get rid of all of them.

GRP officials said that he made a plan to travel with the girls and wife on the train. As per plan, he took the girls one by one near the door of the compartment of the speeding Jansewa Express.

In the early hours of Wednesday, when almost all other passengers were asleep, Iddu threw them out while the train was passing through Sitapur district. Iddu first pushed his wife out.

While the wife and one of the girls, aged six, died, the other threes aged five, eight and 12, suffered serious injuries and are being treated at the district hospital. The police are searching for another daughter, who remains untraced.

They suspect that she, too, was thrown out of the train and killed.

Monday, 23 October 2017

FIFA U-17 World Cup: Brazil vs England semifinal moved to Kolkata (Salt Lake Stadium) from Guwahati due to pitch concerns



The FIFA U-17 World Cup encounter between Brazil and England has been rescheduled from Guwahati’s Indira Gandhi Athletic Stadium to Kolkata’s Vivekananda Yuba Bharati Krirangan due to pitch concerns. The game will now take place in Kolkata on October 25 at 5pm.

“England said they didn’t have a problem, but Brazil weren’t willing to play in this pitch. Efforts were made to improve the condition, but the match has now been shifted. The teams will leave Guwahati today evening itself,” Assam Football Association president Hemendra Nath Brahma told Hindustan Times.

FIFA and Assam government officials held a meeting on Monday afternoon to decide on the possibility of Indira Gandhi Athletic Stadium hosting the semi-final on Wednesday. But they left it to the two teams – Brazil and England – to take a call.

According to the officials, Brazil declined to play on the soggy field, which had taken a beating after the Ghana-Mali quarterfinal match on October 21 that was played in rain. Mali had adapted to the conditions but Ghana later lodged a complaint about the field.

Ghana coach Paa Kwesi Fabin was not impressed by the ground conditions and in the post-match press conference, he said, “We’ve not encountered anything like this before. I thought the game should have been abandoned and played at some another time but those who are organising said we have to play so we played.”

To make matters worse, the drainage system of the field was clogged leading to water-logging affecting more than 30% of the field. FIFA officials led by tournament director Javier Ceppi tried to find a way out, but it was all in vain.

“It is shining, and rain is unlikely now. We have two more days to go to make the field ready,” Sanjib Gohain Baruah, secretary of the sports department told HT earlier in the day.

Assam chief minister Sarbananda Sonowal too had Pawan Hans involved for drying up the field. A helicopter hovered over the field for 45 minutes but the rotor could not do the job.

“Everyone tried their best but nature reigned. After four days of continuous rain, the soil became soft. The two teams arrived in the morning but are leaving for Kolkata tonight,” Anand Prakash Tiwari, a key member of the World Cup organising committee said.

Whatever hopes the officials had of conducting the match evaporated after forecast of rain from the meteorologists. The weathermen underlined the possibility of rain on Tuesday night and 60% precipitation on Wednesday morning, the scheduled day of the semifinal.

England reached the semifinals after thrashing USA 4-1 thanks to a hattrick from striker Rhian Brewster while Brazil came from behind to beat Germany 2-1 in the other quarterfinal.

Friday, 20 October 2017

Did demonetization note ban increase Income Tax Returns?



In a press release dated 7 August 2017, the Central Board of Direct Taxes (CBDT) claimed that there has been a ‘substantial increase’ in the number of tax returns filed this year (1 April – 5 August 2017) on account of demonetisation.

These first sentences from the CBDT press release are important and we will put them under a microscopic scrutiny in the next few paragraphs.

CBDTAs a result of demonetisation and Operation Clean Money, there is a substantial increase in the number of Income Tax Returns (ITRs) filed. The number of Returns filed as on 5 August 2017 stands at 2,82,92,955 (approx. 2.83 crore) as against 2,26,97,843 (approx. 2.27 crore) filed during the corresponding period of FY 2016-2017, registering an increase of 24.7% compared to growth rate of 9.9% in 2016.

Where is the Clear Jump?



–  In 2015, the due date for filing tax returns was extended from 31 July to 7 September.

– ITR wise break-up of tax returns filed is available for 1.84 crore tax returns filed between 1 April – 31 August 2015. Between 1-7 September 2015, approximately 22 lakh tax returns were filed, for which ITR wise break up is not available.

The above figures reveal that for the period 1 April – 31 August 2016, the number of e-returns filed were 2.56 crores. This is a 24.3 percent jump from the number of tax returns e-filed for the same period previous year i.e. 1 April – 31 August 2015.

However, in FY 15-16, the due date for filing tax returns was extended till 7 September 2015. So to make the data comparable, we have considered the tax returns filed up to 7 September 2015 which is 2.06 crores.

So the first question that arises is – when there was a clear 24 percent jump in the number of tax returns filed between April – August 2016, is the government right in claiming that there has been a substantial rise in 2017?

In fact, in 2015 (Apr – Aug), there was a 30 percent increase in number of returns filed as compared to 2014. The percentage rise this year in number of tax returns filed is 25 percent for the period 1 April – 5 August 2017 vs 1 April –  5 August 2016.

While the comparative period we have taken for FYs 2012-16 is April – August, in 2017, we have data only up to 5 August. But it may not be out of place to assume that on 31 August 2017, the number of returns filed will still be 25 percent more than those filed in 2016.

ITRs From Independent Assesses Increased Over Time

Now lets dig even deeper into the statistics and take out from the calculations all the tax returns filed up to 31 August, but whose due date falls on 30 September.  All Corporate assesses and those non-corporate taxpayers, whose receipts are above Rs 1 crore, have to get their accounts audited (tax audit ) and file income-tax returns by 30- 30 September.

For a moment, let us consider only those returns whose due-date falls on 31 July (all individual assessees (mainly salaried class) and non-corporate assessees whose receipts are below Rs. 1 crore). In this case, ITR 4, 5 & 6 which have filed from April 1 – August 31st, shall be excluded from the data. Now, in 2015, since the 31 July due date was extended till 7 September, we need to consider the ITR wise data as of 7 September 2015.

Unfortunately, the ITR wise data is available only as on 31 August 2015. Between 31 August and 7 September 2015 around 22 lakh tax returns in all were filed, but their ITR wise break up is not available. From April – August 2015, 1.84 crore tax returns were filed of which 16.4% returns were ITR 4, 5 & 6. Let us assume that of the 22 lakh returns filed between September 1 & 7, 2015, only 3
lakh (13.6%) were tax audit ones, i.e. ITR 4,5 & 6. Even after eliminating ITR 4, 5 & 6 from both 2015 and 2016, what we get is as follows :

Tax returns filed between 1 April – 7 September 2015 = 1.73 crores (2.06 crores tax returns – 33 lakhs ITR 4,5,6 )

Tax returns filed between 1 April – 31 August 2016 = 2.12 crores (2.57 crores tax returns – 45 lakhs ITR 4,5, 6).

Even eliminating ITRs 4, 5 & 6 from the equation still shows 22.5 percent growth in tax returns in 2016 vs 2015, for the relevant period April to August. This compares favorably to the 25 percent growth in tax returns this year as per the CBDT press release.

Whichever way you calculate, the 25 percent growth in tax returns for the current year, is not “substantially” higher than in 2016. In fact it is almost the same growth percentage. One caveat – we do not have ITR wise break-up for current year since it has not yet been released by CBDT but any permutation and combination is unlikely to change the growth percentages radically.

Increase in ITRs For 2017 and 2016 Calculated on Different Baselines

The second statistical assertion in the CBDT press release is also inaccurate. The CBDT claims in its press release of 7 August 2017 that the rise in percentage of tax returns this year is 25%, whereas for the same period in 2016, the percentage rise was only 9.9 percent. This is absolutely incorrect.

The CBDT has taken two completely different baselines for comparison. It has calculated the 9.9 percent increase figure based on the number of tax returns filed between 1 April – 5 August 2016, vs the number of tax returns filed between 1 April – 7 September 2015. Sure, the due date in 2015 was extended to 7 September, so rather the CBDT should have compared the number of returns filed between 1 April – 31 August 2016 vs 1 April – 7 September 2015.

That would produce comparable results for statistical analysis… and what does it show? A 24 percent rise in tax returns in 2016 vs 2015 and not 9.9 percent, as the 7 August press release of CBDT seeks to present. And as we have shown in the above para, in case we were to eliminate all the ITRs 4, 5 & 6 which were filed between April 1 and August 31 from both 2015 and 2016 data, we still get a 22 percentage increase in returns filed.

To prove our above point, we need to look no further than the CBDT’s own press release issued last year on 8 August 2016. These are sentences culled out as is from that press release.

CBDTAs on 5th August 2016, over 226.98 Lakh e-returns had been filed in F.Y. 2016-17 as compared to 70.97 Lakh for the same period in FY 2015-16. The growth is over 9.8 percent even if comparison is made with E-returns filed of 206.55 Lakh as on 7th September 2015 (the extended due date in FY 2015-16) which is for a period more than a month later.

The CBDT itself in its press release last year admitted that the periods are not comparable.

Thankfully, the CBDT did not compare the no. of returns filed between 1 April – 5 August for both 2015 and 2016. Had they done that, not only would it be incomparable (since due date in 2015 was extended till 7 September), but would have shown a 200% rise in no. of tax returns filed in 2016!
That would have been muddled the picture even more.

Effect of demonetisation on Personal Income Tax?

Now lets turn to another claim in the press release.

CBDTThe effect of demonetisation is also clearly visible in the growth in Direct Tax Collections. Advance Tax collections of Personal Income Tax (i.e. other than Corporate Tax) as on 05.08.2017 showed a growth of about 41.79 percent over the corresponding period in F.Y. 2016-2017. Personal Income Tax under Self Assessment Tax (SAT) grew at 34.25 percent over the corresponding period in F.Y. 2016- 2017.

This one is a little more difficult to prove/disprove, for a simple reason that there isn’t comparable data available on the personal advance tax collections for April – 5 August 2016 or even for Q1 of 2016-17. At least we couldn’t find. But there is data available on personal income tax collections (self-assessment tax) for 2016, albeit for the period April – June 30, 2016.

The CBDT press release dated 8 July 2016 shows even last year in Q1, the gross personal income tax collection growth was around 30% while the growth in net collection (after adjusting for refunds) was 48.75%. So a 34.2% increase in personal tax collections this year, is par for the course and in line with the previous year’s growth percentages.

What adds to the confusion though is another press release issued by the CBDT (9 August), pertaining to tax collections for the period 1 April – 31 July 2017. As per the latest press release there has been only a 17.5% growth in gross personal tax collections between April – July this year.  Whereas, the CBDT press release issued couple of days ago, (7 August) states that there has been a 34% growth in personal tax collections between 1 April and 5 August 2017. It seems the last 5 days before the due date for filing returns, i.e. 5 August produced a windfall for the Revenue.

CBDT Should Have Patted Its Own Back

Now to a point which is highly arguable. But this is actually to the credit of tax department. Rather than giving oversized credit to the 8 November demonetisation for the increase in tax collections, the CBDT ought to have patted its own back for their relentless pursuit of tax evaders. In July 2016 (4 months before demonetisation), while the Income Declaration Scheme (IDS) was still on, the CBDT first sent an internal memo to its Officers and then followed it up with a high impact press statement/release, that essentially upped the ante on those evading taxes. The crux of the July 2016 CBDT statement/internal directive :

CBDT, vide an internal communication dated 5 July 2016, directed the Income tax Chief Commissioners to monitor 60 lakh high value financial transactions without PAN (info obtained by IT Dept. via AIR, i.e. Annual Information return that is filed by banks & financial instructions ).
On 21 July 2016 the CBDT issued a press release under the heading – “IT Dept. to issue 7 lakh letters seeking information in respect of High Value Transactions.”  The operative part of the press release reads thus – “ The Income Tax Department has with the help of in-house computer techniques, grouped such non-PAN transactions and identified 7 lakh high-risk clusters having around 14 lakh non-PAN transactions which are being scrutinized by the Income Tax Department closely. The Department will be issuing letters to the parties of these transactions requesting them to provide their PAN number against these transactions.”

Over the last couple of years, the CBDT has been making big time use of data analytics, which it claims, has helped the IRS to compile a list of “non-filers” of income-tax returns. As per the CBDT’s Central Action Plan (its comprehensive annual strategy document) the number of non-filers revealed a dramatic rise from 22 lakhs in 2014 to a whopping 59 lakhs in 2016 (pre-demonetisation) and 67 lakhs at present.

What we need to know, is how many of the above 6.7 million ‘non-filers’ are now within the tax net? If CBDT anyway had zeroed in on several million potential tax evaders and almost a million high value transactions without PAN, then what additional data did they get out of demonetisation? The IT Department, as part of Operation Clean Money, launched post-demonetisation, has so far shot off 23.5 lakh notices to those persons, whose tax profiles are inconsistent with the cash deposits made by them during demonetisation period ( November 8 – December 31). It would be quite interesting to see how many of these 23 lakh persons are part of the 6.7 million non-filers club.

To shower all credit in the lap of demonetisation, for the rise in number of tax returns/ increase in tax collections, is at one level, undermining the conscious efforts of the CBDT and IT Department, to track and bring tax evaders into the tax net. Demonetisation may have been a powerful, painful nail in the coffin for many a tax evaders, but not the only nail. To use a cliché, the jury is well and truly still out.

India may break a record at FIFA U-17 World Cup 2017



The attendance for matches of the FIFA U-17 World Cup India 2017 breached the million mark in the final match of the Round of 16.

The cumulative total as of now stands at 1,007,396.

The last set of pre-quarterfinal matches involved Ghana against Niger and Brazil versus Honduras on Wednesday.

At the last U-17 World Cup in 2015 in Chile, the total attendance was less than 500,000.





Tournament director of the local organising committee, Javier Ceppi said it would be an understatement to say that they are overwhelmed by the response from across the country.

"We really feel that football has taken over the country and the craze that the tournament has generated is one of a kind. The fans have been fantastic and now India 2017 is on track to become the most attended FIFA U-17 World Cup in the history of the event," Ceppi said.

To ensure that as many seats as possible are utilised, the LOC is "recalling" some of the complimentary tickets given so far.

Keeping that in mind, we have recalled some of the complimentary tickets given in Goa, Guwahati, Kochi and Navi Mumbai and will be opened today so that all football lovers in those cities can have an opportunity to watch the last matches.

"For that to happen, we appeal to all football fans and spectators to get their tickets and fill up the stadiums on the next matches, so that India 2017 can leave its mark and have the record of attendance for a FIFA U-17 World Cup." The final is slated for 28 October and over the remaining nine days, the LOC would like to make this tournament the biggest FIFA U-17 World Cup.

The previous record of 1,230,976 was set in the very first edition in China in 1985.

Suicide bombers attacked two mosques in Afghanistan, At least 72 killed



Suicide bombers attacked two mosques in Afghanistan on Friday, killing at least 72 people including children, officials and witnesses said.

One bomber walked into a Shi'ite Muslim mosque in the capital Kabul as people were praying on Friday night and detonated an explosive, one of the worshippers there, Mahmood Shah Husaini, said.
At least 39 people died in the blast at the Imam Zaman mosque in the city's western Dasht-e-Barchi district, interior ministry spokesman Najib Danish said.

No group claimed responsibility. But Shi'ite Muslims have suffered a series of attacks in Afghanistan in recent months, many of them claimed by the Sunni Muslim militants of Islamic State.
Separately, a suicide bombing killed at least 33 people at a mosque in central Ghor province, a police spokesman said.

The attack appeared to target a local leader from the Jamiat political party, according to a statement from Balkh provincial governor Atta Mohammad Noor, a leading figure in Jamiat.
Again, no one immediately claimed responsibility.