www.thehansindia.com KURNOOL SATURDAY 7 APRIL 2018 PAGES 16 `5.00 Forecast: Sunny Temp: Max.39°C. Min.26°C. Humidity: 24% Sunrise: 06:08 Sunset: 06:31 H Simultaneously published from Hyderabad | Warangal | Tirupati | Amaravati | Visakhapatnam | Khammam | Kurnool | Delhi H TTD releases 50,879 Arjitha Walmart eyes Flipkart Seva online tickets for July to take on Amazon India T P7 WINDOWS P5 Seoul: A South Korean court jailed former president Park Geun-hye for 24 years on Friday over a scandal that exposed webs of corruption between political leaders and the country’s conglomerates. Park became South Korea’s first democratically elected leader to be forced from office last year when the Constitutional Court ordered her out over a scandal that landed the heads of two conglomerates in jail. S P12 Cats And Dogs on same boat: Shah Mumbai (Agencies): BJP president Amit Shah on Friday made stinging remarks against the opposition parties trying to unite to take on the BJP in next year's Lok Sabha polls by equating them to 'snakes', 'mongoose', 'dogs' and 'cats'. "The countdown for 2019 (polls) has begun. Attempts are being made for opposition unity. When huge floods occur, everything is washed away. Only a 'vatvriksha (banyan tree) survives and snakes, mongoose, dogs, cats and other animals climb out to save themselves from the rising waters. "Due to Modi flood, all cats, dogs, snakes and mongoose are getting together to contest polls," Shah said. S P11 almart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the US retail giant looks to take a controlling stake of 51 per cent or more in the Indian company. P13 BJP alliance cost CAG PULLS UP AP GOVT FOR AP a lot: Naidu FINANCIAL MISMANAGEMENT ‘TDP won 2014 polls because of BJP is a smear campaign’ OUR BUREAU Ex-prez of S Korea jailed for 24 years W Amaravati: Chief Minister N Chandrababu Naidu on Friday sought to debunk the argument that he won 2014 elections because the BJP had backed him. "This is a campaign that the BJP is carrying out against us. On the contrary, we have lost 15 assembly seats because of the alliance with the saffron party," Naidu said in the Assembly while narrating the injustice the BJP dispensation had meted out to the state. Naidu, covering the entire gamut of issues at stake including Special Category Status (SCS) and unkept promises made in the AP State Reorganisation Act, said that the BJP owed an explanation to the ﬁve-crore people of Andhra Pradesh why it had gone back on the assurances. "We have not been asking for the moon. We have not sought funds meant for ensuring security to the country from foreign aggression. We are only asking for what you have promised. In return we are getting a mouthful from you," Naidu said. The Chief Minister, referring to funding for Amaravati, said that after releasing Rs 1,400 crore, the BJP leaders began attacking the government. Continued on P6 OUR BUREAU Amaravati: The Comptroller and Auditor General of India (CAG) has slammed the AP government for deﬁciencies in the ﬁnancial management. The CAG found that the additional devolution of funds from the Central government to state government led to increase in the revenue expenditure rather than that of the capital expenditure. The capital expenditure will create assets and provide revenue to the government in the long run. Capital expenditure of Rs 15,143 crore was less than the budget estimates of Rs 15,388 crore. Its ratio to total expenditure stood at 11.48 per cent which Protesting TDP MPs marshalled out AP lawmakers feel ditched by Speaker OUR BUREAU New Delhi: Marshals broke up the protest of the Telugu Desam MPs inside the chambers of Lok Sabha Speaker Sumitra Mahajan on Friday. They were agitating over the Speaker leaving them without receiving their representation. The MPS who refused to be cowed down continued their protest at the Gate No 1 of Parliament. The MPs who were protesting against the Speaker for adjourning the House sine die without taking up their notice for no-conﬁdence motion, continued their protest in the House even after all others had left. They sat right in front of the seat where the Prime Minister sits and kept raising slogans that TDP MPs at the Lok Sabha Speaker’s chamber the state needed special category status. They condemned the action of the government in ensuring that the notice for noconfidence motion did not come up for discussion. As they were staging the protest, the security staff told them that the Speaker wanted to see them in her chamber. Continued on P6 FINDS FAULT IN DEVOLUTION OF CENTRAL FUNDS was much lower than the combined average at 19.70 per cent of the general category states. The total expenditure of Rs 1,31,921 crore had increased by Rs 20,931 crore which was about 19 per cent in 2016-17 over the previous year of Rs 1,10,990 crore due to increase in the revenue expenditure to an extent of Rs 20,265 Hailstorm makes protesting YSRC MPs scurry for safety New Delhi: A sudden hailstorm played spoil sport with the fastunto-death protest by YSRC MPs at Andhra Bhavan here on Friday evening. The ﬁve YSRC Lok Sabha members - M Rajamohan Reddy, YV Subba Reddy, Velagapalli Vara Prasada Rao, YS Avinash Reddy and P Mithun Reddy - went on a hunger strike at Andhra Bhavan after submitting their resignations to Lok Sabha Speaker Sumitra Mahajan soon after she adjourned the House sine die. Later, they reached the Andhra Bhavan in a procession and began their hunger strike. Several YSRC MLAs and leaders also reached the protest camp and joined them in voicing their demand for the Special Category Continued on P6 Status. BJP plans fast against LS logjam on April 12 New Delhi: In a counter-offensive, the Congress on Friday said its workers would hold a day-long fast at all state and district headquarters on April 9 to expose the BJP's "lies" on various issues, after Prime Minister Narendra Modi announced a fast by BJP MPs on April 12 to protest the impasse in Parliament for which he blamed the opposition party. Hitting back at the BJP, the Congress said it was the government which was responsible for not letting Parliament function and termed as a "gimmick" and "drama" the move by NDA MPs to forgo their salary for 23 days when Parliament did not func- Cong to counter it with harmony fast on April 9 BJP MP Ganesh Singh (L) shouting slogans as Congress MPs Ambika Soni, Sunil Kumar Jakhar and others protest against the Modi government at the Parliament House in New Delhi on Friday tion. Addressing a joint press conference, Congress leader in Lok Sabha Mallikarjun Kharge and party's senior spokesperson Anand Sharma said their party MPs had met the Rajya Sabha chairman requesting him that house should not be prorogued so that it can be reconvened for two more weeks to discuss issues of national importance as they could not be taken up due to disruptions. Sharma said party chief Rahul Gandhi has announced a plan to holding a fast at all district headquarters to help promote peace, brotherhood and harmony in the Continued on P6 country. crore and the capital expenditure by Rs 972 crore, the CAG found. During the current year, 75 per cent of the total expenditure was met from revenue receipts and the rest from borrowings. The total expenditure exceeded the budget estimates of Rs 1,30,135 crore by Rs 1,786 crore. The revenue expenditure of Rs 1,16,215 crore, constituting 16.62 per cent of the GSDP, increased by Rs 20,265 crore (21.12 per cent), compared to previous year and was more than the budget estimates Rs 1,14,168 crore for the year 2016-17 by Rs 2,047 crore. Borrowed funds used for meeting revenue expenditure will create liability for future years without creating any assets, the CAG lamented. During the year 2016-17, 85 per cent of the revenue expenditure was met from revenue receipts. However, the balance 15 per cent of Rs 17,231 crore of revenue expenditure for day to day activities of Government was ﬁnanced from borrowed funds. Continued on P6 Babu’s experience of no use to AP: Pawan Y Vinay Kumar A very own space for today’s women to tell their stories of success, courage and how to take on new challenges for a better tomorrow TD released 50,879 online quota of Arjitha Seva tickets for July 2018. Of this, 9,619 tickets will be for electronic dip system. Of which 6,979 are Suprabhatam, Thomala and Archana each 110, 120 Astadalam and 2,300 Nija Pada Darshanam tickets. OUR BUREAU Vijayawada: To exert incremental pressure on the Centre for not according Special Category Status to AP, Jana Sena, CPM and CPI took out a padayatra from Benz Circle to Ramavarapupadu Ring centre here on Friday led by Jana Sena chief Pawan Kalyan and, CPI and CPM state secretaries, K Ramakrishna and P Madhu, respectively. Before undertaking padayatra from Benz Circle, Pawan Kalyan garlanded the statue of Dr BR Ambedkar at Tummalapallivari Kshetriah Kalakshetram. A huge number of fans of Pawan Kalyan took part in the padayatra. Later, Pawan Kalyan speaking to media-persons at a hotel said that the TDP should have invited the political parties for all-party meeting long ago. TDP was conducting allparty meeting for its political beneﬁt. “The all-party meetings which Chief Minister Chandrababu Naidu is holding now would not be of any use to the state but for sharing tea. The Jana Sena and Left parties were not ready to extend support to Telugu Desam and BJP,” he said. He asked the Chief Minister to reveal his strategy for securing SCS through the ministers. The government lost the faith of public as it had changed its stand several times on SCS. He also commented that the state could not get beneﬁt though Chandrababu Naidu has 40 years of experience in politics. Continued on P6 IT dept wants to know a little bit more about you New Delhi: New income tax return forms (ITR forms) seek more details from individual taxpayers about their salary structure and income from property while making it mandatory for small businesses to report their goods and services tax identiﬁcation number (GSTIN) and turnover reported under GST. The forms give non-resident Indians (NRIs) some relief. They can now provide details of their foreign bank accounts to claim credit or refunds. Earlier, they could only provide details of bank accounts held in India. However, NRIs will no longer be able to ﬁle returns using the simple income tax return (ITR)-1 form, which can now only be used by residents. NRIs will have to use ITR-2, which seeks more information.The new ITR forms notiﬁed for assessment year 2018-19 require salaried taxpayers to disclose their salary breakup. Taxpayers will have to give details about allowances that are not exempt, value of perquisites, proﬁt in lieu of salary and deductions claimed under Section 16. Typically, these are available in the Form 16 issued by the employer but do not have to be disclosed in the tax return. Like in New ITR forms ask for salary breakup, income from property the last year, the one-page ITR-1, or Sahaj, form can be ﬁlled by salaried taxpayers having an income up to Rs 50 lakh and one house property. Last year, 30 million taxpayers ﬁlled this form, the tax department said in a state- ment. Among the procedural changes is doing away with the requirement of disclosing cash deposits made immediately after demonetisation. Further, those paying tax under the government’s presumptive taxation scheme will have to provide their GSTIN and details of their turnover reported under GST, as the government seeks to check tax evasion among these entities by linking their direct and indirect tax data. Businesses with a turnover of less than Rs2 crore can do away with the requirement of maintaining books of accounts and instead pay a tax based on a certain percentage of their turnover. However, the government fears that there has been misuse of the scheme. “GSTIN number now has to be mentioned in ITR-4 ﬁlled by businesses and professionals claiming presumptive income. They also have to quote gross receipts as per GST returns. It appears that the department intends to use this information to link the direct and indirect taxes paid by these businesses,” said Archit Gupta, chief executive officer of ClearTax, a tax and compliance software provider. Also, partners in ﬁrms will now have to ﬁle ITR-3 instead of ITR-2, Gupta added. The tax department has also given an option to taxpayers above the age of 80 and those earning income up to Rs 5 lakh and not claiming refunds to ﬁll ITR-1 and ITR-4 in paper form.
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