Nation
Telangana TDP MLA sent to jail in cash-for-vote scam
A city court here on Monday sent Telugu Desam Party (TDP) MLA A. Revanth Reddy to a 14-day judicial custody on the charge of trying to bribe a nominated MLA to vote for a TDP-BJP candidate in the election to Telangana Legislative Council.
 
The Anti-Corruption Bureau (ACB), which arrested Revanth on Sunday night after laying a trap, produced him before a magistrate at his residence.
 
The magistrate sent him and his two aides to judicial custody but directed the police to allow him to cast vote in the election before shifting him to jail.
 
The elections to six seats of the council are being held on Monday.
 
Revanth, a member of Telangana legislative assembly, was arrested on Sunday amid high drama from a flat in Vijayapuri colony in Secunderabad when he was offering Rs.50 lakh to Elvis Stephenson, a nominated member of the assembly representing the Anglo-Indian community.
 
The ACB officials said the amount was an advance as part of a Rs.5 crore deal to make Stephenson vote for the TDP-BJP candidate. The entire proceeding was recorded on a spy camera.
 
The ACB sleuths, who had laid the trap, arrested Revanth and two others and seized the cash.
 
ACB Director General A.K. Khan said they had registered a case two days ago after receiving a written complaint.
 
The MLA has been booked under Prevention of Corruption Act and under Indian Penal Code.
 
Revanth Reddy claimed that he is innocent and alleged that he was implicated in a false case by Telangana Rashtra Samithi (TRS) government as a part of a political conspiracy.
 
Immediately after his arrest, TDP leaders met Director General of Police Anurag Sharma and lodged their strong protest. They also staged a sit-in till late in the night at the office of ACB, where Revanth was being interrogated.

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'One Rank, One Pension' matter of faith for me: Modi
Prime Minister Narendra Modi on Sunday assured ex-servicemen that his government will soon resolve the tangles related to the "One Rank, One Pension" (OROP) issue and that interests of retired defence personnel was a "matter of faith and expression of patriotism" for him.
 
The Congress, however, alleged that the government was "deliberately delaying" the decision, and the criticism of the previous UPA government on the issue was "not valid".
 
Modi, in his radio address "Mann Ki Baat", urged ex-servicemen not to believe those who were politicising the issue.
 
"Interests of the former defence personnel is a matter of faith and expression of patriotism for me," Modi said.
 
Seeking more time from ex-servicemen, Modi said: "This government, and I repeat, this government will give a solution to OROP."
 
"I am not talking as a prime minister. For 40 years, this (OROP) question has been persisting. Nothing has happened so far," he added.
 
He said various departments of the government were working on it, but the issue was very complicated and the 40 years have made it more complicated.
 
"It is not as simple as we thought, it is complicated, and 40 years have added to the complications. The government is finding ways to make it simple and acceptable to all," said Modi.
 
"There is no need to give reports in media about every step. I assure you, this government will bring to you a solution on 'One Rank, One Pension'," he said.
 
Miffed over their long-pending demand of OROP not being met, veterans from the armed forces have said they were ready for a protracted fight with the government and would launch an agitation next month.
 
Modi stressed that officials in the government were engaged to find a solution to the issue and asked the ex-servicemen not to be swayed by politics.
 
"I will request all soldiers, those who are trying to politicise the issue, have been playing with you for 40 years... I don't want to take any steps that make the issue more complicated," he said.
 
"Give me some time, you have been patient for 40 years, give me some time as well, give me a chance to work on it and we will solve all the problems," the prime minister said.
 
Delhi Congress president Ajay Maken told reporters the government was "deliberately delaying the OROP scheme".
 
Soon after the prime minister's address, Maken said: "Modi's criticism of the UPA government on the issue is also not valid."
 
Congress leader Amarinder Singh said: "The prime minister should have announced a date to implement the OROP instead of dishing out vague assurances."
 
"The prime minister either appears to be ignorant, or is deliberately trying to molly-coddle our 25 lakh ex-servicemen by his mere sweet talk," he added.
 
In the radio programme, Modi also expressed satisfaction over the recently launched social security schemes, and said he wants to create an "army of poor against poverty".
 
"Over 8.52 crore people have joined the schemes in just 20 days. This shows people's faith in central government's social uplifting initiatives for them," he said.
 
The schemes -- Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Atal Pension Yojana -- were very important initiatives in the direction of ensuring social security, he added.
 
He said it was unthinkable of security schemes at a token payment of Re.1 per month.
 
"The government wants to see the poor self-empowered so that they need not depend on others for self survival."
 
The prime minister also said yoga has become a catalytic agent to connect the world and was very much relevant in the context of 'Vasudhaiva Kutumbakam' (the world is one family).
 
Modi appealed to the countrymen to make the International Yoga Day, to be observed on June 21, a success.
 
He also urged people to become yoga ambassadors and make this important knowledge easily available to the world for the welfare of mankind.
 
Terming the recently launched DD Kisan Channel "an open university of farmers", Modi said: "There is something for everyone engaged in the agriculture and allied sectors."
 
The channel has a lot for fishermen as well and they must take maximum advantage from it in modernising their vocation, he said.
 
Congratulating students who passed the Central Board of Second Education examinations, Modi asked them to pick up the future course of study on the basis of their aptitude.
 
"The students who have not succeeded in their examinations need not be disheartened and take it as an opportunity to find new avenues," Modi said, adding that "success and failure are a part of life. We can learn a lot from failure also".

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New tax forms ease detailing of foreign travel, bank accounts
After complaints by individual income tax payers over the new forms announced in April, the government on Sunday notified a fresh set -- each of no more than three pages -- and did away with the much-resented details sought on foreign travel and bank accounts.
 
Since the process is still on to recast the software to enable e-filing of the returns, the last date for filing has also been extended to August 31, it was announced by the finance ministry on Sunday.
 
Notably, against the details of foreign travel and the expenditure thereon required from some categories of tax payers, the new forms require only the passport number, including that of the old one, if available or issued.
 
Another clause grudged was over the bank accounts details and the balances, in them for both operational and the dormant ones. Now, only the Indian Financial System Code is required for all accounts. Exemption from this has been extended to accounts dormant for over three years.
 
The finance ministry had acknowledged that the new tax forms had caused much concern.
 
"The government has received representation on the new return forms notified on April 15, 2015 and taking into account the concerns raised, the government has decided to modify the return forms," Finance Minister Arun Jaitley told the Rajya Sabha earlier this month.
 
The Central Board of Direct Taxes (CBDT) had notified the new norms that required an assessee to furnish all bank details, accounts opened or closed in the year with the closing balance, as also the sources of funds for expenses in an overseas travel.
 
The purpose of asking details relating to foreign travel, according to the finance minister was to tackle the menace of black money. He had further sought to justify the forms by saying fresh details were not required in forms filed by the majority of individual taxpayers.
 
The highlights of the new forms are:
 
- Individuals with income without any ceiling, other than agricultural income exceeding Rs.5,000, can now file Form ITR 1 (Sahaj). Similar simplification for individuals and Hindu undivided families (HUFs) in respect of Form ITR 4S (Sugam).
 
- A new Form, ITR 2A, can be filed by individuals or HUFs who does not have capital gains, income from business or profession, or foreign asset and foreign income.
 
- In lieu of foreign travel details, only passport number, if available, would be required to be given in Forms ITR-2 and ITR-2A. Details of trips or expenditure thereon not required.
 
- On bank account details, only the IFS code and the number of current and savings accounts held during previous year will be required. The balance is not required. Details of dormant accounts, not operational for last three years, not required.
 
- A foreigner in India on a business, employment or studies visa, not mandatorily required to report foreign assets acquired during the previous years in which he/she was non-resident -- if no income is derived from such assets during the relevant previous year.
 
- To simplify further, the main pages of Form ITR 2 and new Form ITR 2A, will not contain more than three pages. Other information will be captured in Schedules, required to be filled only if applicable.
 
"As the software for these forms is under preparation, they are likely to be available for e-filing by the third week of June 2015," a statement issued by the finance ministry said.
 
"Accordingly, the time limit for filing these returns is also proposed to be extended up to August 31, 2015 (31.08.2015). A separate notification will be issued in this regard," the statement added.

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