Centre Withdraws Super-Rich Surcharge
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Follow us on: RNI No. TELENG/2018/76469 @TheDailyPioneer facebook.com/dailypioneer Established 1864 OPINION 8 HYDERABAD 11 SPORTS 16 Published From HYDERABAD DELHI LUCKNOW FOR THE SAKE A SCHOOL THAT PRODUCED SINDHU BREAKS BHOPAL RAIPUR CHANDIGARH OF DEMOCRACY LEADERS IN ALL FIELDS TAI CODE BHUBANESWAR RANCHI DEHRADUN VIJAYAWADA *LATE CITY VOL. 1 ISSUE 321 HYDERABAD, SATURDAY AUGUST 24, 2019; PAGES 16 `3 *Air Surcharge Extra if Applicable AAMIR KHAN'S DAUGHTER IRA TO MAKE HER DIREC- TORIAL DEBUT { Page 14 } www.dailypioneer.com 9999 fetches Assault on Rs 5,50,000 Centre withdraws forest staff Budget may skip TRS' HYDERABAD: The number 9999, fancied by many, was bid ends in for a whopping Rs 5,50,000 major poll promises during auction at the Road super-rich surcharge conviction Transport Authority, PNS n HYDERABAD L VENKAT RAM REDDY Khairatabad on Friday. There PNS n NEW DELHI n HYDERABAD are three vehicles that won bids FM proposes measures to The Kothagudem district in a special auction for fancy Buckling under pressure from court on Friday found the dis- The TRS government, headed numbers. The amounts bid overseas investors, the gov- enhance fund flows for infra, trict secretary of the by Chief Minister K totaled Rs 18,15,000. The ernment on Friday rolled back Communist Party of India Chandrasekhar Rao, is gearing owner of Mercedes GLS 350D the enhanced surcharge housing projects (Marxist-Leninist) New up to present its first full- 4 MATIC Kanth Reddy now imposed on foreign portfolio Democracy Party, SK Umar, fledged Annual Budget for has the fancy number TS 09 and domestic investors in Angel tax provisions for and 23 others guilty in the 2019-20 in September after FG 9999, which he bid for Rs Budget 2019-20 as it case relating to mob assault retaining power for a second 5,50,000. The cost of the vehi- announced a slew of mea- start-ups removed on Assistant Conservator of term with a landslide majori- cle is Rs 94,35,670. The owner sures to boost sagging eco- Forest (ACF) A Narasimha ty in the 2018 December of Rs 1,37,94,000 Mercedes - nomic growth. Reddy and a team 10 of for- Assembly elections. Benz S 350 DL, R S BROTH- "In order to encourage est range officers in 2015 at However, the chances of ERS, now has number TS 09 investment in the capital mar- the Marrigudem Reserve any of TRS' major poll promis- FH 0099 that was bid for Rs ket, it has been decided to Forest area in Bhadradri es reflecting in the upcoming 3,36,000. The third Mercedes withdraw the enhanced sur- Kothagudem District. Budget by way of allocations or Against all the foregoing promises, the Benz C 200 number, TS 09 FH charge levied by Finance The district court sen- increased allocations are bleak. Budget to be unveiled in the Assembly in 0005, was bid for Rs 1,10,000. (No.2) Act, 2019 on long/short tenced all the 24 accused The major promises that September is expected to make a mention term capital gains arising from persons to 1-year imprison- were fulfilled by TRS govern- the transfer of equity ment and imposed a fine of ment include doubling of of only the crop loan waiver scheme shares/units," Finance Minister Rs.14,400 on each of them. Aasara pension amount, No water Nirmala Sitharaman told Public prosecutor Phani reduction in age limit (from 65 reporters here. Kumar, who argued the case years to 57 years) to help more own if they own plots etc. sought in February 2019 with supply in city The move will dent govern- resulting in conviction four people avail Aasara pension, Against all the foregoing an outlay of Rs 1.82 lakh crore. ment revenues by Rs 1,400 years after the incident, enhancement of Rythu Bandhu promises, the Budget to be An amount of Rs 6,000 crore crore. warned that any encroach- amount from Rs 8000 per acre unveiled in the Assembly in was then allocated to crop areas Sitharaman had in her ments in forests would be to Rs 10000 per acre per year. September is expected to make loan waiver scheme, though HYDERABAD: In view of maiden Budget hiked the sur- dealt with strictly and the It is yet to fulfill crop loan a mention of only the crop loan not a rupee has been released maintenance works on the charge on income tax paid by 42.74 per cent, respectively. Sitharaman said. "In other offenders brought to book. waiver scheme of Rs 1 lakh, waiver scheme. The other so far. Osmansagar conduit and the super-rich individuals. Some 40 per cent of foreign words, the pre-Budget position In 2015, ACF of enhancement of retirement promises may be skipped and As thing stand, a like cleaning of Asifnagar filter The surcharge, levied on portfolio investors (FPIs) auto- is restored." Marrigudem Reserve Forest, age of government employees taken up only during Budgets amount is expected to be allo- beds, a shutdown is proposed top of the applicable income matically came under the high- The super-rich tax on FPIs, who was involved in advance (from 58 years to 61 years), for subsequent years, depend- cated in the Budget for crop for 24 hrs i.e. from 1.00 am on tax rate, was hiked from 15 per er tax rate as they have been along with lack of measures to operations for Haritha Haram implementation of new Pay ing on the financial condition. loan waiver, though the 26-08-2019 to 6.00 am on 27- cent to 25 per cent for those investing as a non-corporate boost the economy in the July in 500 hectares of retrieved Revision Commission recom- The promises held over involve scheme requires nearly Rs 08-2019. Hence, there will be with taxable income of Rs 2-5 entity such as trust or associ- 5 Budget, was largely blamed forest land, was attacked by a mendations for government huge financial outgo, which the 30,000 crore, considering loan no water supply from 1.00 a m crore, and to 37 per cent for ation of persons (AOPs), which for foreign investors with- mob of encroachers. The employees and pensioners, state government cannot afford arrears of over 25 lakh farm- on 26-08-2019 to 06.00 am on those earning more than Rs 5 in the Income Tax law are clas- drawing more than USD 3 bil- group allegedly attacked the unemployment allowance of in the present circumstances. ers as the government wants to 27-08-2019 from Osmansagar crore. This increased the effec- sified as an individual for the lion from the stock markets, officials with sticks, stones Rs 3,016 per month for jobless Sources in Finance repay banks in five install- to the following areas under tive tax rate for these two purpose of taxation. putting pressure on indices and and chilli powder, injuring 10 youth, financial assistance of Department revealed that the ments over five years. O&M Div No. 3, 4, 5, 6 & 18. groups by 3.12 per cent and 7 "The enhanced surcharge the rupee. forest officials, including ACF up to Rs 6 lakh to homeless for Budget will be more or less Kakatiyanagar, Salar Jung per cent to 39 per cent and on FPI goes, in simple words," Continued on Page 10 Narasimha Reddy. construction houses of their similar to the Vote-on-Account Continued on Page 4 colony, parts of Padmanabha nagar, parts of Khaderbagh, Vijaynagar Colony, Chintal ‘Crashed IAF basti, Humayun Nagar, Syed BS-IV Nagar, A C Gurads, 30% petrol bunks TranscoCMD dares Oppn for Khairtabad, Mallepally, vehicles to chopper was hit by Bhoiguda Kaman, Aghapura, Nampally, Devibagah, Afzal remain: FM Indian missile’ Sagar, Seetharambagh, Habeeb cheating customers CBI probe on power deals in TS Nagar, SRT (part), PNS n HYDERABAD PNS n NEW DELHI PNS n NEW DELHI Jawaharnagar(part), PNT PNS n HYDERABAD Colony, Sayanna Gully, Civil Supplies Department In a big relief for those being Five IAF personnel were Ashoknagar Extension, officials crack down on errant concerned about the viabil- Devulapalli Prabhakar Rao, found guilty for the crash of Elchiguda, Jyothi Nagar, petrol bunks ity of Bharat Stage (BS) IV- Chairman and Managing a Mi-17 helicopter in Vinayak Nagar, Maisamma Officials of the Civil compliant vehicles, Finance Director of TSTRANSCO and Budgam in Jammu and Banda, MCH Quarters, Supplies Department, Legal Minister Nirmala TSGENCO, has asserted that all Kashmir as a high-level probe Secretariat, RedHills, Hindi Metrology and petroleum Sitharaman has announced the power purchase agreements concluded that the chopper Nagar, Ghode ki kabar, companies, who jointly that the government wants (PPAs) made in Telangana over went down after being hit by Gunfoundry, Domalguda, launched raids on petrol to "dispel of all confusion." the past five years have been a surface-to-air missile on Lakdikapul, Manikonda, bunks across the state between The Minister also stated that transparent and graft-free. February 27, the day Indian Puppalaguda, and Narsingi. August 1 and August 21, have BS-IV vehicles have been a On Friday, responding to and Pakistani air forces were issued notices to 183 of the 638 point of concern for a lot of media reports, the chief of elec- engaged in a dogfight, mili- petrol bunks inspected for The department has people, including the auto tricity utilities in the state dared tary sources said on Friday. cheating customers. It was been receiving companies and those who an inquiry by the Central Devulapalli Prabhakar Rao, Chairman and Managing Director of TS Transco, A six-month-long Court of Man jailed for found that 30% of the filling have purchased these vehi- Bureau of Investigation or addressing media persons in Hyderabad on Friday Inquiry into the incident stations are short-changing complaints for quite cles in recent times.