GST launch mock drill today: Know how Team Jaitley is preparing for July 1

GST war room is an important element in the government’s launch effort

GST, tax, economy, currency

Today’s Paper : With three more days to go before India’s biggest tax reform in decades is implemented, the Narendra Modi-led government is all geared up to ensure that nothing goes amiss on July 1. For this, a mega rehearsal has been planned today in the Central Hall of Parliament. The rehearsal, scheduled to be held at 10 PM, may be supervised by either Parliamentary Affairs Minister Ananth Kumar, his deputies Mukhtar Abbas Naqvi and S S Ahluwalia, or Secretary Rajiv Yadav, official sources told Firstpost.

Officers from various departments including those from the finance ministry will be part of the rehearsal event, they said.

The GST Feedback and Action Room set up by the Central Board of Excise and Customs (CBEC) is keeping a close watch to ensure all processes are in place for a smooth rollout.

“A special war room has been created to address doubts arising over GST, beforehand,” a senior government official told The Economics Times.

It will operate from eight in the morning to 10 in the evening, providing a single window for the resolution of any GST-related issue. | Read Full Article

 

Just two days left: Aadhaar-PAN linking mandatory from July 1 for taxpayers

As many as 2.07 crore taxpayers have already linked their Aadhaar with PAN

Aadhaar, aadhaar card

Today’s Paper : The government has made it mandatory to link existing Aadhaar numbers with PAN of taxpayers with effect from July 1.

Amending income tax rules and notifying the same, the government has made quoting of the 12-digit biometric Aadhaar or the enrolment ID a must at the time of application of permanent account number (PAN).

Finance Minister Arun Jaitley through an amendment to tax proposals in the Finance Bill for 2017-18 had made Aadhaar mandatory for filing income tax returns and provided for linking of PAN with Aadhaar to check tax evasion through use of multiple PAN cards.

The revenue department said “every person who has been allotted PAN as on July 1, 2017, and who in accordance with the provisions of sub-section (2) of section 139AA is required to intimate his Aadhaar number, shall intimate his Aadhaar number to the principal director general of income tax (systems) or DGIT (systems)”.

Besides, it entrusted principal DGIT (systems) or DGIT (systems) with specifying the formats and standards along with procedure for verification of documents filed with PAN application or intimation of Aadhaar number.

The rules will come into force from July 1, 2017, the revenue department said while amending Rule 114 of the I-T Act, which deals in application for allotment of PAN.

As many as 2.07 crore taxpayers have already linked their Aadhaar with PAN.

There are over 25 crore PAN card holders in the country while Aadhaar has been issued to 111 crore people.

Earlier this month, the Supreme Court had upheld the validity of an I-T Act provision making Aadhaar mandatory for allotment of PAN cards and ITR filing, but had put a partial stay on its implementation till a Constitution bench addressed the issue of right to privacy.

Pursuant to this, the Central Board of Direct Taxes (CBDT) had said the linking of Aadhaar and PAN will be a “must” for filing of income tax returns (ITR) and obtaining PAN from July 1.

While Aadhaar is a biometric authentication issued by the UIDAI, PAN is a 10-digit alphanumeric number alloted by the I-T department to individuals and entities.

Flipkart Lenovo mobile fest: Grab the best deals on smartphones

Interested consumers will also get the exchange offer as an add-on

Today’s Paper : Flipkart, the e-commerce market leader, in collaboration with Consumer electronics major Lenovo, has launched the Lenovo Mobile Fest in India. They are offering discounts on some of the top Lenovo mobile phones, which are currently listed on Flipkart’s website. The fest will continue from June 26 to June 28. Also, further price cut is being promised under the exchange scheme.

Several smartphones by the Chinese company can be purchased at discounted prices, and interested consumers will also get the exchange offer as an add-on. Here is a look at the top offers on Lenovo Mobiles on Flipkart:

Lenovo K5 Note

16 per cent off on Lenovo K5 Note (4GB RAM + 32GB storage) MRP: Rs. 12,499; New offer: Rs. 10,499

16 per cent off on Lenovo K5 Note (3GB RAM + 32GB storage) MRP: Rs. 11,999; New offer: Rs. 9,999.

It flaunts full-metal body, with a fingerprint sensor and a 13MP ISOCELL camera with F2.2 Aperture, PDAF (Phase Detection Auto Focus), full HD recording, dual-LED flash on the back. It also comes with 5.5-inch full HD (1920x1080p) IPS screen, MediaTek P10 Octa-core CPU, a 3,500 mAh battery and an 8MP camera on the front.

Lenovo K5 Plus

16 per cent off on Lenovo K5 Plus (3GB RAM + 32GB storage) MRP: Rs. 8,499; New offer: Rs. 7,499.

It sports 5.0-inch full-HD display with a pixel density of 441 pixels per inch (ppi) on the front, premium aluminium cover with Radio Frequency (RF) radiation shield on the back, Qualcomm’s 1.7GHz Snapdragon 616 octa-core SoC (System-on-Chip), 3GB RAM, 32GB inbuilt storage and a 2,750mAh battery. Other features include a 13MP primary shooter on the back, a 5MP snapper on the front and twin stereo speakers with Dolby Atmos technology. | READMORE…

Vodafone offers free Netflix for a year: Here is how to avail of the scheme

Here is how you can claim the free Netflix gift if you are a Vodafone RED subscriber

File photograph of a man casting a silhouette onto an electronic screen displaying a Vodafone logo, in Mumbai

Today’s Paper : Now, Vodafone customers can avail up to one year of free Netflix subscription. Exciting, right? Tapping on the popularity of Netflix in India, the telecom service provider, over the weekend, announced an all-new Netflix subscription benefit for its RED postpaid customers in India. However, the plan is not for everyone. The company has also added the condition that postpaid subscribers on Vodafone RED Netflix plans of Rs 1,299 or higher value are eligible to get a free up to one-year Netflix subscription as a free gift, according to NDTV.

Here is how you can avail free Netflix subscription with Vodafone RED plans

— If you are a Vodafone RED subscriber, you can claim the Netflix gift by visiting the official website – https://shop.vodafone.in/shop/postpaid/buy-vodafone-red-plans.jsp.

— Vodafone customers can also SMS ‘Netflix’ to 199 to activate the eligible plan.

Netflix – Internet TV network giant.

Earlier in the year, global video streaming service Netflix had announced strategic partnerships with Airtel, Videocon d2h and Vodafone – making it the world’s leading Internet TV network.

With these partnerships, Netflix’s critically-acclaimed programmes like ‘House of Cards’ and ‘Narcos and The Crown’ will be easily accessible to consumers across direct-to-home and mobile platforms throughout the country.

“India is one of the most important and vibrant countries in the world and we are delighted to be teaming up with three of its leading companies to make it much easier for consumers to enjoy Netflix,” Reed Hastings, Co-founder and CEO of Netflix, told Times of India. | READMORE…

Indrani Mukherjea booked for rioting, assault on police in Byculla Jail

Indrani Mukherjea is accused of strangling 24-year-old Sheena on April 24, 2012

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Today’s Paper : Nearly 200 Byculla Jail inmates, including Sheena Bora murder case accused Indrani Mukherjea, have been booked for rioting and other offences following the death of a woman convict.

Manju Govind Shette (45), a convict, died at the government-run J J Hospital on Friday night after allegedly being beaten up by a woman prison official.

Subsequently, six jail staffers were placed under suspension and yesterday police registered a case under IPC section 302 (punishment for murder) against them.

Following Shette’s death, over 200 women inmates of the jail were up in arms since Saturday morning.

Some inmates on Saturday climbed atop the roof of the jail while newspapers were torched inside, a police official earlier said.

The inmates alleged that Shette was beaten up by a woman prison official. They wanted to present the issue before the media which is not permissible under prison rules, he said.

Indrani, who is lodged in the Byculla prison, is among the 200 inmates against whom a case was yesterday registered for rioting, unlawful assembly, assault on public servant and other relevant sections under the Indian Penal Code, a police official said today.

The jail houses around 251 women prisoners.

Indrani, her former husband Sanjeev Khanna and ex-driver Shyamvar Rai are accused of strangling 24-year-old Sheena – Indrani’s daughter from a previous relationship – on April 24, 2012.

Sheena’s burnt body was dumped in a bag at a forest in Raigad district near Mumbai.

Guess who’s most followed Indian on Facebook after Modi: It’s Virat Kohli

Virat Kohli is currently leading the Indian team in West Indies for the limited-overs series

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Today’s Paper : Despite the ongoing controversy surrounding Anil Kumble’s exit from the post of the Indian cricket team’s head coach, swashbuckling skipper Virat Kohli‘s popularity continues to grow.

The 28-year-old has added one more feather to his cap as he has become the second most followed Indian on Facebook with over 35 million followers to his name.

Kohli, who is currently leading the Indian team in West Indies for the limited-overs series, is now just behind Prime Minister Narendra Modi, who has 42.2 million Facebook followers.

He, however, is the most popular celebrity on Facebook in the country, surpassing Bollywood superstar Salman Khan by more than 6, 00,000 followers to surge to top of the list.

Fans have been supporting us, it is priceless.Keep supporting the team: Virat Kohli on becoming 2nd most followed Indian on FB after PM Modi pic.twitter.com/NaYm3OfRaC

— ANI (@ANI_news) June 26, 2017
Besides, the Royal Challengers Bangalore (RCB) skipper also has 16 million followers on Twitter and 14 million on Instagram to become the most famous cricketer of all times around the world.

After replacing Mahendra Singh Dhoni as skipper, Kohli guided India to Test series wins against New Zealand, England and Australia before leading RCB in the tenth season of the Indian Premier League (ISL).

Virat Kohli on Kumble: He’s a great player; respect his decision to quit

Kohli was asked about Kumble’s approach while coaching and he stoically maintained his stance

Anil Kumble

Today’s Paper : Opening up for the first time, Virat Kohli on Thursday said that he will never reveal dressing-room details, in an apparent reference to the now retired coach Anil Kumble’s statement that their partnership had become “untenable”.

Kumble stepped down a couple of days back due to differences with the India captain.

Kohli said “he respects” Kumble’s decision to quit and that there is highest regard for him as a player.

“Obviously Anil bhai has expressed his views and he has taken a decision to step out and we will respect that decision. It’s something that has happened right after the tournament,” Kohli said on the eve of the first ODI against the West Indies.

While he felt that Kumble is entitled to his opinion, in a roundabout manner, the skipper spoke about how dressing room details are sacred to him, which, at any cost, can’t be shared with the public.

“One thing for sure is that I have had 11 press conferences that have happened during the Champions Trophy. We have created a culture over the last 3-4 years that whatever happens in the change room, we have tried to maintain the sanctity of the change room throughout. That is what the whole team believes in. For us that is paramount,” Kohli stated.

The skipper said that he and his players respect Kumble’s achievements as a player.

“I have total respect for him as a cricketer and what he has achieved for the nation. All the years that he has played. There’s no taking away that aspect of him at all. And we all respect him totally,” Kohli very consciously made it clear that he won’t talk about coach Kumble’s role.

He was asked about Kumble’s approach while coaching and he stoically maintained his stance.

“Like I said, for me what’s most important is to maintain the sanctity of the dressing-room and what happens in the change-room is something that’s very sacred and private to all of us.

“… And something that I would not express in details in a public scenario. As I said, his point of view is out there and we respect that decision.