SUNDAY, FEBRUARY 10, 2019 DAILY EXCELSIOR, JAMMU daily Excelsior Established 1965 Key changes in interim budget 2019 A mystery solved Founder Editor S.D. Rohmetra trajit spent his days in peace and comfort after Shri got him back his Nikhil Kumar stand its implication on of 30%. Symantaka jewel and married his daughter . But good times were taxpayers.Let's understand with a From FY19-20, the same standard not to last long for the ill-fated rich man. A rumour travelled to Dwarka that inance Minister Piyush Goyal's simple example. deduction has been revised by INR S the had been burnt to death in the Lakshagriha - a house of wax built - for much-awaited Interim Budget Illustration 10,000 thus making a total standard One BPO in each district that was presented in the Lok them by the devious . Although Shri Krishna knew that it was a false rumour, F In the given table, case 1& case 2 deduction of INR 50,000. This will Sabha on 1st February 2019 came as he decided to go to Hastinapur to offer his condolences to King Dhritrashtra and the n today's era of universalization of salesmanship, salary income of assessee is same i.e. result in additional tax savings of INR a big income tax bonanza for middle- patriarch . His intention was to maintain the delusion about the Pandavas' commerce and trade, Prime Minister Narendra INR 7,55,000for the financial year 3,000 for a person falling under the class individuals. While there were death so that abstained from making another attempt to finish them off. Modi has been stressing upon giving an innovative 2018-2019 as well as 2019-2020,in tax slab of 30%. I several sops for the agriculture sector, FY18-19 the tax outgo is INR 15,080, Shri Krishna's absence from Dwarka encouraged Akrura to wrench away the Income tax benefit of owning 1 look to the whole gamut of promoting business relat- the key changes in the tax payable by Symantaka jewel from Strajit. Even though Akrura was Shri Krishna's uncle from whereas in FY 2019-20 due to rebate more house property as self-occupied middle-class taxpayers was a high- the paternal side, he was his rival too. He had wanted to marry Satyabhama before ed measures and one of them is establishment of under section 87Aof INR 12,500.00 Interim Budget, 2019 has pro- light. she became Shri Krishna's wife. Because of the family ties, Akrura could not come Business Process Outsourcing units in good reason- there is NILtax on entire income after posed amendment under section 23 in Here is a recap of the key changes out openly against Satrajit. Instead, he lured the Shatdhanva to kill the man able number and accordingly, Governor's claiming all deductions under income which the limit of 1 house as self- in the Interim Budget for the individ- and loot the jewel from him. Shatdhanva fell an easy prey to Akrura's cunning. With- tax.This is big for tax payers occupied has been increased to 2 Administration in Jammu and Kashmir has decided ual taxpayer in case you missed out out thinking of the fatal consequences, he went straight to Shri Krishna's father-in- from financial year 2019-20 having which means if person owns more to set into motion the process of establishment of at law and killed him. taxable than 2 houses then up to 2 house it will Satyabhama was distraught on her father's merciless killing. On the conclusion least one such unit in each district of the State. This incomeup to be deemed as self-occupied and annu- of the mourning period, she hastened to Hastinapur and told her lord how Shatdhan- was sure to result in creation of more employment INRal value will be taken as NIL and oth- va had murdered her father without any provocation. Shri Krishna took no time in opportunities and promotion of digital services on a 5,00,000. ers if not given on rent are deemed as returning to Dwarka and putting an end to his life. Further let out and notional rent will be deter- large scale. Satrajit was gone and so was his killer, Shatdhanva. But the jewel there is a big mined as per prescribed rules. After all, what in common parlance was meant by was nowhere to be seen. In Hastinapur, Akrura was performing one lavish yagya after hardship for a Earlier if person has 2 house and person who another. the Business Process Outsourcing and why had it 1 is self-occupied and other is vacant, earns INR His altars were made of solid gold and the priests who performed the yagya advantageous edge over conventional system lies in then other house annual value is not 7,55,100 (in computed as NIL and a notional rent introducing and promoting the practice of contracting case 3), an is determined as income chargeable. a specific work process to an external service extra income ANCIENTS SPEAK provider. It takes care of many types of services, inter- of INR 100 in Increase in threshold limit of Suman K Sharma a year will TDS on FD Interest nal business processes and delivery of a service or TDS on interest on FD's - As per make him received overgenerous offerings. Soon enough Shri Krishna became aware of the product to a client. Organisational goals and targets section 194A of income tax act, 1961 liable to pay goings on. He presented himself one day to Akrura and addressed him courteously. are thus accomplished and reached easily. Business banks and post office has to deduct INR 13,021as 'Chacha-ji', said Shri Krishna, 'there is no one today as wise and learned in the shas- TDS on interest on investments in and allied activities mean requirement of services like compared to tras as you are. It is good to spend what one can on yagyas and make religious offer- fixed deposit or recurring deposit if finance, accounting and billing, design, legal process, case 2 where ings. But one has also to see whether means justify the ends. Old Satrajit is no more the interest paid during the year the tax outgo and his property should legitimately go to the sons borne of Queen Satyabhama...' health care etc. exceeds INR 10,000. Now a person in NIL. Akrura was too shrewd not to ignore the Shri Krishna's subtle meaning. He went It is worth noting that during the recent visit to the who is not chargeable to income tax Standard inside his private chamber and brought back the Symantaka wrapped in a piece of State, the Prime Minister while inaugurating rural BPO i.e. having income less than INR deduction of cloth. Shri Krishna accepted the jewel without a word and took leave of his kins- 2,50,000 has to file a return of income model in Bandipora, Kashmir stressed upon the need INR 40,000 man. Returning to Dwarka, he gave it to his elder brother Balbhadra for safe-keep- mandatorily for claiming refund of the to replicate this pilot project in other 21 districts of for FY 18-19 ing. increased to TDS deducted on such interest. Jammu and Kashmir which not only would create Govt. has understood this prob- Shri Krishna had bigger issues to attend to than keeping guard over a jewel, how- INR 50,000 for FY 2019-2020 soever precious that might have been. more employment opportunities but give a fillip to Up-to ?5 lakh of income there will be From FY 18-19 deductions for lem of the taxpayers and has proposed tourism. Business from other parts of the country too no tax This has been the most high- an amendment to increase the limit of ...How man-like appears Shri Krishna in this tale! His divinity does not come in transport allowance was up-to INR the way when it comes to outsmarting all those who consider him an earthling like lighted point of the budget and its 19,200 and medical reimbursement INR 10,000 to INR 40,000. This will would stand attracted to this State. While PM Modi understanding in its true essence is themselves.He kills the ferocious Shatdhanva. Exercising his unsurpassed deductionwas up-to INR 15,000 was provide a relief to small taxpayers as was inaugurating the project in Bandipora, Governor important. charm, he persuades Akrura to part with the Symantaka. His decision to entrust the substituted with a standard deduction now there is no need to file income tax and the top administrative team present there got During budget speech, Finance custody of the jewel to Balrama is also a masterly stroke. He distances himself from of INR 40,000 giving additional return for claiming refund if the Minister said," Individual tax payers its tainted possession (Satrajit had accused him once of stealing it) and ensures at motivational advice from him by putting the compli- deduction of INR 5800 which results income is below INR 2,50,000 and FD ance status in an interesting way by saying, "the team having taxable annual income, up-to interest is up to INR 40,000. the same time that it remains in the family. The moral of the story: no one can bet- Rupees 5 lakhs, will get full tax in an additional tax benefit of INR ter Bhagwan in bravery, diplomacy or sheer astuteness. has noted it to replicate this model in other 21 districts 1752 of a person falling under tax slab (The author is Partner (NSKT & Co LLP) rebate". It is very important to under- [email protected] [email protected] of the State." It is learnt that Governor's Administration at the highest levels has, accordingly started taking Dwarika Prasad Sharma long ago to bury alive a newborn such steps and decisions so as to give practical baby girl. This was often at the shape to the issue and formal directions to the ndia represents a coexis- Women in intra- and inter-gender wars dictate of the mother-in-law. The tence of centuries. These male members went along District Development Commissioners would reported- have played no small part in the women as inferior beings. Rahul BJPworkers had come to her res- Ayyappa was sure born of a Iwords of socialist Ashok because, number one, the girl ly be issued shortly to formally promote the concept of degradation and humiliation of Gandhi had recently committed cue. "This woman is a blot on mother, and was very much a Mehta six decades ago still hold would be a "financial burden" their own gender. a similar perfidy when he said womanhood, as she can sell her sacred fruit of her sacred men- the BPO in the State. true. Rocket science, informa- and, number two, she had the The frenzied opposition to that the 46-inch-chest Narendra self-respect for the sake of pow- strual cycle. In this context, they Since every measure taken is required to address tion and communication tech- potential of bringing "disgrace" the entry of menstruation-age Modi had "run away and left it er," Sadhana Singh said. said that was a celi- nologies and medical surgery to the family with possible pre- the issue of unemployment , the concept being replete to a mahila (Defence Minister Coming back to the Sabari- bate and they had no problem mark some of the cutting-edge women into the Ayyappa shrine marital dalliance! with lot of promise in this regard, the industries of Nirmala Sitharaman) to defend mala protests. In the midst of the praying before him in a temple. modern advancements. The at Sabarimala in Kerala, has been Times have moved on, and the Rafale deal". Mama Mia The temple Information Technology and IT enabled services need ancient art and science of Yoga, spearheaded by women.RSS pilgrimage season, two women now daughters-in-law with jobs would do well to counsel him to in Guwahati in Assam, where to be promoted and a framework of providing infra- which has spread all over the chief Mohan Bhagwat has called activists, aged 39 and 40,who are seen enjoying the privilege or is worshipped as structural support by the Government was paramount world, is the single most impor- the protests as assertion of the guard against sexist remarks. had the backing of the LDF Gov- of their babies being looked after Commenting on the left- ernment, managed to climb right the Bleeding Goddess, repre- which among other steps, include industry standard tant feature of its soft power. faith of millions of . At the by their mothers-in-law when On the road, one sees hand- Dharma Sansad organised by the inspired Kochi event Arpo up to the sanctum sanctorum of sents the ultimate in the venera- they are away to work. Such fibre optic connectivity, skill development training, cent carts, rickety tongas being pulled VHPat the Prayagraj Kumbh tent Arthavam (Hurray Menstrua- the shrine. The tantri, or head tion of the menstrual cycle. The arrangements are as much a per cent power supply back up and other incentives. by equally rickety ponies, over- city, Bhagwat equated the tion!), Sudhakaran said that priest, closed the sanctum later sanctum sanctorum, called result of the changed family The Administration has to do a bit of hard work in that loaded cycle rickshaws, along Sabarimala and the Ram Temple Vijayan had "backed out of in the morning to "purify" it. The Garbhagriha, is believed to structures as of the new econom- to ensure that the agency with which it had a fix a tie up with the latest-model automo- sentiments as compelling Hindu entering the vagina-shaped Travancore Dewaswom Board, house the womb and vagina of ic compulsions, as the daughter- the controlling authority of Ker- Shakti. In the month of Ashaad, shall have to operate the business on the terms to be biles. In the spiritual field, you movements. entrance" of the pandal. Some in-law is seen to be adding to the meet Swamis, with vast follow- BJP ministers and saffron-clad ala shrines, issued a show-cause the Brahmaputra river near the family's kitty in these expensive, decided by the Government, the emphasis being on at The protests during the two ings, who have the most rational months of the pilgrimage season, public figures have been making notice to the tantri. The state temple turns red, when consumerist and aspirational least 100 seats in one shift. It has to be ensured that and advanced outlook. You also which ended on January 20, were weird remarks about women, Commission for STs and SCs Kamakhya Devi is said to be days . the agency worked in cooperation with the District meet other Swamis, with equal- joined by right-wing groups. and Congressmen, ironically, also issued a notice to him, as menstruating. The yards of A close friend's wife, who one of the two women is a dalit, Administration with intent to have the required human ly vast followings, who have a These have obviously have been going to town verbal- Muslin which are sent over to the had been radiant and bubbling in rigid and obscurantist outlook. In weaponised the issue for politi- ly hauling them over coals. In and the Commission suspects Yoni through the pujari are her day, had developed migraine resources to conduct outreach to the local youth. Each that the purification was on matters of religious faith, you see cal ends, as the order to imple- fact, motley politicians of all brought back to the devotees and other nagging aches when BPO is required to have one IT enabled skilled lab account of her entry. So there are condemnation as well as celebra- ment the SC verdict has come stripes have been making potty- soaked red. she was over the hill. When sub-issues within the main issue, which must conduct training sessions for the educated tion of human physiological from the leftist government. mouthed sexist remarks about Rationalists would view the asked how she was feeling after which does not look like being the medical attention, she said unemployed youth. The time has come, it needs to be functions, in various shrines Nominally left-of-centre Con- women. tantri's purification episode at resolved any time soon. Review ruefully: "How would I feel? spread across the country. gress party has also been leading Some badass women them- the Ayyappa shrine as illustra- realised , for more skills of different hues which could petitions on the verdict of the First I was raising my children, Siddaganga Mutt seer Shiv- groups of protesters. tive of the tyranny of discrimi- be employability skills , communication skills, life skills selves, like UP BJP legislator Supreme Court are pending. now I am raising theirs!" Yes, not akumara Swami, who died K.Sudhakaran, one of three natory and obscurantist usages and soft skills. Sadhana Singh, have been mak- A conversation with a few much alleviation of the tussle. recently in Karnataka, was a working presidents of the Kerala that priests generally have ing cynically sarcastic remarks well-educated and aware home- Women, in their interpersonal The thrust has got to be on addressing the core humanist to the core. He was Congress, who has been a promi- worked to perpetuate over the about other women. After the makers here, however, elicited a relationships, are seen to be mov- issue of unemployment which would require more above considerations of religion, ages, in order to slyly guard their nent standard-bearer of the pro- announcement of the SP-BSP general view that there should ing from one kind of complica- caste, creed and class. He own authority and relevance. attention towards creating opportunities to learn skills testers, has been, in other con- alliance in UP, Sadhana said at a not be narrow interpretations tion to another. Happy tales, believed in the equality of Unfortunately, such tyranny has and specialities attuned to the requirements of the soci- texts, making remarks against rally that Mayawati was "neither even in matters of faith. They all however, also abound, in situa- women with men and never ever also been sought to be perpetu- ety rather than thinking about the "Office Babu Culture" Chief Minister Pinarai Vijayan a man nor a woman---she is said that periods are an integral tions where mothers-in-law have practised, or allowed in his Mutt, which are in effect insulting to ated by elder women in families alone which had assumed inelastic proportions while worse than a eunuch". She and essential part of their phys- to assert their own authority. ceased to assert their toxic status discrimination with, or segrega- women. For example, he called recalled that in 1995, SP goons iology which signify their matu- and mellowed. on the other hand, demand for skilled personnel was tion of, menstruating women. Vijayan "worse than a woman", Among the Rajputs of Jam- had tried to disrobe her in the rity to conceive and keep the mu, it was common till not very (The writer is a Senior Journalist) on a perpetual rise. BPOs can, to a larger extent Ironically, women themselves thus thick-headedly branding Lucknow state guest house, and human race alive. They said that [email protected] address this problem provided adequate seriousness was bestowed upon it. The Prime Minister is desirous Lovely Sharma flying kites. of Jammu and Kashmir State to fall in line with other Basant Panchami - Cele- ndia, Bharat is the land of bration States of the country for providing digital services to the festivals, and all festivals Celebrating Basant Panchami Yellow color is given special people, the unemployed youth more than the State Iare related with seasons attention and dominates every- and immerse it in the holy river Government could do a lot in making BPOs a success. having scientific values, evi- where on this particular day. dences. It is the only country , . In Punjab, the festival is celebrated by flying colorful Yellow color is associated with where have the circle of six sea- Goddess as well as NGOs violating FCRA sons. Today, we are celebrating kites. The festival of Basant Pan- the mustard crop. People wear As many as 156 NGOs' licences have been sus- Basant Panchami. yellow clothes, make yellow "Basant Panchami"or "Vas- chami is dedicated to Saraswati, pended for six months by the Ministry of Home Affairs the Goddess of Wisdom. color sweets on the day of ant Panchami" is praised on Saraswati Puja. The Goddess of for violation of rules under the Foreign Contribution Magh 5 (fifth day of the brilliant According to the Hindu mythol- Regulation Act and the immediate impact of it would fortnight of the lunar month of be their inability to receive foreign funds while 36 oth- Magh – falls generally in the On this day, Goddess ers organisations that complied with the guidelines period of January or February) is the day of "Basant Panchami" Saraswati is loved in have been made free of the earlier restrictions for and is additionally celebrated as noncompliance of the requisite rules. There has to be Shree Panchami or Saraswati a set procedure which the NGOs have to follow espe- Puja. Basant Panchami has a different name and cially when funds are received from sources from out- particular significance: Basant distinction – the Goddess side the country and are, therefore, required to open implies spring, and Panchami signifies "the fifth day." Basant accounts with designated banks that follow Central Panchami falls on the fifth day of Learning, the divinity of Government's Public Financial Management System of spring. (PFMS). A list of such Banks has already been provid- Basant Panchami is a main- , the wellspring of ed by the Government to the NGOs. Despite repeat- stream Hindu celebration that ed reminders these 156 NGOs have not complied denotes the entry of spring sea- son. This celebration is more expressive arts and science, with the procedure resulting in suspension of their well known for Mata Saraswati thiness of Basant is profound. of development at that time cation and learning. FCRA registration which means that they cannot – the goddess of learning, The contrast amongst Holi and around the banks of Saraswati Although the festival is and the image of accept or receive any foreign contributions and shrewdness, information, Basant Panchami is correct of River. Hence, Saraswati River dominated by the worshipping expressive arts. Basant Pancha- 40 days. Holi Dahan likewise in began to be associated with fer- of goddess Saraswati, a grand funds. the middle of these two fests. tility and knowledge, and locals feast is prepared to honor preeminent Vedantic Not only this, the end use of the massive foreign mi or Saraswati Puja is praised with incredible excitement and Basant Panchami celebration is began to celebrate this festival. as well. It is auspi- information. funds by most of these NGOs too is very often the Hindu sanctuaries and family more cheerful living since this According to another mytholo- cious to host weddings during subject of controversy as there are reports that most is most lovely season in . gy, Kalidasa married to beauti- the festival. On this day many units are brimming with action art, learning, knowledge and of these funds have been misused for promoting on this day. Mata Saraswati is Feathered creatures returned ful princess through trickery. toddlers start their education. ogy, the goddess symbolizes after their movement. The twit- The princess once kicked him Yellow color has a great signif- constant flow of knowledge and wisdom, Maa Saraswati is wor- activities and protests to stop State and Central venerated in various convention shipped with full dedication. On in various groups. This is addi- tering sound is amazing and the out of her bed after she learned icance in the celebration of Bas- wisdom. Vasant Panchami is Governments from undertaking developmental proj- time isn't excessively chilly and that he was foolish. After this ant Panchami. It is the symbol also believed as the birthday of this day, People also feed Brah- tionally an extraordinary day mans with the feeling that their ects. It may be noted that the PFMS functions under for school youngsters as they not very hot. In this way, it is the incident, Kalidasa decided to of blossoming flowers of mus- Goddess Saraswati. The spring the Controller General of Accounts in the Ministry of best time to live for. Everybody commit suicide. Goddess tard. Hence, goddess Saraswati festival of Basant Panchami is ancestors are accepting the appreciated the occasion. food. Kite-flying has become Finance and it provides a financial management plat- On this day, Goddess in India Enjoy the day and ladies Saraswati emerged from the followers wear yellow attire and especially celebrated in the frequently loved for their pros- waters and asked him to take a prepare sweets which are yel- the part of this festival and peo- form for all plan schemes, a database for all recipient Saraswati is loved in different institutions of learning. As perity and riches. dip in the Saraswati River. After low and saffron in color. Statues Saraswati is the goddess of ple really enjoy this event. agencies where effective tracking of fund flow and the name and distinction – the God- Basant Panchami is a festi- dess of Learning, the divinity of According to one of the taking dip in the river, Kalidasa of Saraswati are decorated with learning, Students observe the most important aspect of transparency are taken care famous beliefs, the origin of became knowledgeable and yellow sari and jewellery in blessings from Maa Saraswati. val full of religious, seasonal Gayatri, the wellspring of and social significance. It is cel- of. The Act, if violated, provides a scope of the inten- expressive arts and science, and Basant Panchami festival lies in started writing poetry. From most of the educational institu- Spring is the season when crops Aryan period. Aryans came and then Basant Panchami is cele- tion and worshipped. In West are fully bloomed, so people ebrated by Hindus all over the tions to breach transparency and plaque end use of the image of preeminent Vedan- world with enthusiasm and new tic information. The notewor- settled in India, crossing brated to adore Goddess Bengal, colorful processions also celebrate this occasion by funds. Saraswati River. There was lot Saraswati, the goddess of edu- are held to carry Saraswati idols sense of optimism.