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Tirupati . lucknow . cuttack . patna NEARBY As Biden warns of more attacks, NITI bats for tax breaks to U.S. destroys car bomb in Kabul achieve monetisation goal It proposes insolvency cover for investment instruments The explosive-laden vehicle was destined for the airport, says Taliban spokesman JD(U) reiterates demand Vikas Dhoot for caste­based Census Agence France-Presse NEW DELHI PATNA Kabul To make the National Mone­ At its national council The United States said it des­ tisation Pipeline (NMP) a meeting in Patna under new troyed an explosive­laden success, the government president Rajiv Ranjan Singh, the Janata Dal­United on vehicle with an air strike in should give Income Tax Sunday passed eight resolu­ Kabul on Sunday, hours after breaks to attract retail inves­ tions, including the demand President Joe Biden warned tors into instruments such as for a caste­based Census. of another terror attack in Infrastructure Investment NORTH & EAST Ī PAGE 4 the capital as a massive airlift Trusts (InvITs), the NITI DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD of tens of thousands of Af­ Aayog has recommended. ghans entered its last days. The Centre’s think tank Over 2.5 lakh people A Taliban spokesman con­ driving the NMP, estimated affected by Assam floods firmed the incident, saying a to raise almost ₹6 lakh crore GUWAHATI car bomb destined for the for the exchequer over four Floods in Assam, delayed by airport had been destroyed years, has also called for three months, have affected — and that a possible second bringing such trusts within more than 2.58 lakh people strike had hit a nearby the ambit of the Insolvency across 16 districts, said offici­ als of Assam State Disaster house. The U.S. said it had and Bankruptcy Code (IBC) Management Authority. The only struck the vehicle, but to provide greater comfort worst affected is Lakhimpur. added that secondary blasts to investors. NORTH & EAST Ī PAGE 4 indicated “a substantial Bringing in policy and participation in the instru­ to be a success in the past,” DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD amount of explosive mate­ Future tense: A U.S. Marine carries a baby as the family prepares for the evacuation process at regulatory changes to scale ments,” the Aayog said in its Amit Singhania, partner at rial”. Local media reported Hamid Karzai International Airport in Kabul. * AFP up monetisation instru­ blueprint, indicating that Shardul Amarchand Mangal­ International flights stay there may have been civilian ments such as InvITs and further taxation­related das & Co., told The Hindu, suspended till Sept. 30 casualties. winding down despite West­ the group. “The situation on senger terminal, handing Real Estate Investment tweaks may be needed along adding that this will encour­ NEW DELHI The strike comes after a ern powers saying thou­ the ground continues to be them over to the U.S. forces Trusts (REITs) and expand the way. age retail investor participa­ The suspension of scheduled suicide bomber from the Is­ sands may be left behind. extremely dangerous, and for evacuation. their investor base have tion in InvITs. international passenger lamic State group on Thurs­ the threat of terrorist attacks The troops were seen been identified as a critical Capital gains offset While InvIT structures flights due to the COVID­19 day targeted U.S. troops 300 Americans remain on the airport remains high,” throughout the civilian side element for the NMP. The Section 54EC allows tax­ have been used in India pandemic has been extended till September 30, the stopping huge crowds of pe­ U.S. Secretary of State Anto­ Mr. Biden said. of the airport grounds and government plans to use the payers to offset long­term since 2014, the Aayog point­ DGCA said on Sunday. ople from entering the air­ ny Blinken said some 300 “Our commanders in­ annexe buildings, while U.S. InvIT and REIT route to mo­ capital gains from transac­ ed out that such trusts are NEWS Ī PAGE 10 port in Kabul, from where Americans still in Afghanis­ formed me that an attack is Marines peered at them netise public assets such as tions in immoveable proper­ not considered a ‘legal per­ DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD about 1,14,000 people have tan were seeking to leave the highly likely in the next 24­ from the passenger terminal highways, gas pipelines, rail­ ties through investments in son’ and cannot be brought been evacuated since August country. “They are not going 36 hours.” roof. After a 20­year war, the way tracks and power trans­ bonds issued by some go­ under IBC proceedings, de­ 15 when the Taliban swept to be stuck,” he told ABC, ad­ The IS attack has forced foes were within open sight mission lines. vernment­backed infrastruc­ terring lenders from partici­ back into power. ding that the U.S. had “a me­ the U.S. military and the Tali­ of each other, separated by “More tax­efficient and ture firms. “Though this will pating. “Since the trusts are More than 100 people chanism to get them out”. ban into a form of coopera­ just 30 metres. user­friendly mechanisms entail a cost in the form of not considered as ‘legal per­ died in the attack, including The Pentagon said on Sa­ tion to ensure security at the like allowing tax benefits in loss of revenue for exche­ son’ under the extant regula­ 13 U.S. service personnel, turday that retaliation drone airport that was unthinkable INDIA SILENT Ī PAGE 9 InvITs as eligible security to quer, the long­term benefits tions, the IBC regulations are slowing down the airlift strikes had killed two “high­ two weeks ago. On Saturday, TALIBAN KILL SINGER Ī PAGE 11 invest under Section 54EC of may outweigh the cost as not applicable for InvIT ahead of Mr. Biden’s dea­ level” IS jihadists in eastern Taliban fighters escorted a BIDEN HONOURS TROOPS Ī PAGE 11 the Income Tax Act, 1961, linking investments in speci­ loans,” the Aayog said. dline for evacuations to end Afghanistan, but Mr. Biden steady stream of Afghans AKHUNDZADA IS IN KANDAHAR, are important starting fied bonds with the capital PAGE 8 EDUCATION PLUS Ī PAGE 5 by Tuesday. The operation is warned of more attacks from from buses to the main pas­ SAY TALIBAN Ī PAGE 11 points for initiating retail gains exemption had proved EXTEND PROVISIONS Ī ‘Oil palm plan is a Pained by farmer-police clashes in ‘Every party faces leadership tussles’ Sandeep Phukan les are “a natural corollary of On turbulences in Con­ Karnal, says Dushyant Chautala New Delhi politics of personality in­ gress­ruled Chhattisgarh and recipe for disaster’ As the turf war between Pun­ stead of ideology”. Rajasthan, he said they were Ashok Kumar State and derail its agrarian jab Chief Minister Amarinder “There is no division in a “part and parcel” of polit­ Activists raise concern over proposal GURUGRAM economy. “The SKM leader­ Singh and PCC chief Navjot the Congress in Punjab. ics. “Every party is buffeted A day after several farmers ship should explain why Singh Sidhu comes to a head, There is, however, a diffe­ by them from time to time,” and policemen were injured there were no roadblocks in Lok Sabha member and se­ rence of opinion on certain said the senior leader. during a clash in Karnal, Ha­ Punjab and Uttar Pradesh af­ nior Congress leader Manish key fundamentals,” Mr. Ti­ ryana Deputy Chief Minister ter the incident yesterday Tewari said leadership tuss­ wari told The Hindu. INTERVIEW ON Ī PAGE 9 Dushyant Chautala on Sun­ (Saturday). The 40 top lead­ day said he was “pained” at ers of SKM are mostly from the turn of events, but con­ Punjab and Uttar Pradesh, demned the farmers for at­ Dushyant Chautala but why is Haryana being tacking policemen with made the epicentre? Harya­ spades. Mr. Chautala, at a press na and its people are suffer­ He also questioned the Sa­ conference in Chandigarh, ing, but the political parties myukt Kisan Morcha leader­ said the Morcha leaders, in the poll­bound States will ship for making Haryana the mostly hailing from Punjab benefit,” Mr. Chautala said. “epicentre of the move­ and Uttar Pradesh, were ment” against the three con­ causing turmoil in Haryana CONTINUED ON Ī PAGE 8 The Centre plans to promote oil palm plantations in the tentious farm laws. to disturb the peace in the MORE REPORTS ON Ī PAGE 4 northeast and Andamans. Priscilla Jebaraj cally fragile” and oil palm New Delhi plantations would denude Given the widespread des­ forest cover and destroy the truction of rainforests and habitat of endangered wil­ native biodiversity caused dlife. by oil palm plantations in It could also detach tri­ Southeast Asia, environ­ bespeople from their identi­ mental experts and politi­ ty linked with the communi­ cians are warning that the ty ownership of land and Union government’s move “wreak havoc on the social to promote their cultivation fabric”, said the National Pe­ in the northeastern States ople’s Party leader. and in the Andaman and Ni­ Congress leader and cobar Islands can be former Environment Minis­ disastrous. ter Jairam Ramesh said pro­ Other concerns include posals for large­scale oil the impact on community palm cultivation had been ownership of tribal lands, as studied and rejected as part well as the fact that the oil of the technology mission palm is a water­guzzling, on edible oils in the late monoculture crop with a 1980s as it was a “recipe for long gestation period unsuit­ ecological disaster”.
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