Citizens' Issues
Ex servicemen from UP to join protest over 'one-rank, one-pension'
Thousands of retired army men from Uttar Pradesh will participate in a protest demonstration to press for 'one-rank, one-pension' at New Delhi's Jantar Mantar on June 14, an office-bearer of the Bhootporva Sainik Sangh said on Wednesday.
 
The retired armymen directorate data shows that more than 3.76 lakh retired military personnel live in Uttar Pradesh, with 23,438 living in the state capital alone, who are looking for an amicable solution to the long standing issue of one-rank, one pension. 
 
Office-bearers of the retired army body said they were very hopeful that Prime Minister Narendra Modi would look into their demands but not much progress has taken place in the last one year.
 
"We are still hopeful about a resolution to the whole impasse but in case our demands are not met with now, we will return all our medals to the government during the protest at Jantar Mantar in New Delhi," a retired army colonel, now working with a private firm, told IANS. 
 
The Bhootporva Sainik Sangh has also written a letter to Prime Minister Modi to come out with a solution.
 
Referring to a recent radio programme, wherein Modi reiterated his government's commitment on the one-rank one pension issue, a retired officer said that ex-servicemen were "still hopeful" but were going ahead with the protest in the national capital.
 
Uttar Pradesh has 3,26,191 retired army personnel, 43,700 retired from the Indian Air Force (IAF) and 17,628 from the Indian Navy.

User

Service tax applies only in AC restaurants: Finance ministry
Restaurants without air conditioning facility will not charge any service tax from their customers while those with ACs will charge only on the 40 percent of the total bill amount, the finance ministry said on Tuesday.
 
"Restaurants, eating joints or messes which do not have the facility of air-conditioning or central air-heating in any part of the establishment are exempt from service tax," the ministry said in a clarification.
 
"In other words, only air-conditioned or air-heated restaurants are required to pay service tax," the statement said.
 
For such restaurants, 60 percent of the value is to be deducted from the total amount charged while applying the rate of service tax, and tax is to be calculated on the balance 40 percent, it added.
 
With the increase in the rate of service tax to 14 percent from June 1, the tax rate is effectively 5.6 percent of the total amount charged.
 
Finance Minister Arun Jaitley in his budget proposed to raise service tax from 12.36 percent (including education cess) to 14 percent. The tax is levied on all services, except a small negative list.

User

Tax department conducts searches at Chettinad Group
A 450-member team of the Income Tax Department is conducting searches at offices of the Chettinad Group of companies in Tamil Nadu, Andhra Pradesh and Maharashtra, officials said on Wednesday.
 
The searches are on at 40 locations in the three states. "The reason for the raid is suspected evasion of taxes," a department official told IANS.
 
The searches come a day after M.A.M. Ramaswamy, the former chairman and director of the company, alleged that Chettinad Cement owes the government a huge sum in sales tax dues.
 
"The government has told the company to pay up a minimum of around Rs.252 crore before negotiations can take place," Ramaswamy said at a press conference called to disown his adopted son M.A.M.R. Muthiah, the managing director of the group.
 
Asked for clarifications, Muthiah had told IANS: "The company does not owe any sales tax dues to the government. The company pays its dues every month."
 
"Ramaswamy is an outsider to the company. He is not associated with the company in any capacity now. One should not take an outsider's charges seriously and ask for clarifications," he said.
 
Ramaswamy was ousted as a director of Chettinad Cements last year.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)