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Wednesday, 30 March 2016

Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay

Press Information Bureau Government of India Ministry of Finance 23-March-2016 17:29 IST

Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax Information regarding interest earned by individuals and business entities on term deposit is filed with the Income Tax Department by banks including co-operative banks and other financial institutions and State treasuries etc. Form 26AS reflects only those payments on which tax has been deducted and it can be viewed by the individual tax payer by logging in to www.incometaxindiaefiling.gov.in.

The information about interest payments without deduction of tax is also filed by the payer with the Department. Central Board of Direct Taxes(CBDT) hereby informs the persons earning interest income that interest credited/received on deposits is taxable unless exempt under Section 10 of the Income-tax Act. Such interest income should be shown in the return of income even in cases where Form 15G/15H has been filed if the earning is not exempt under Section 10 of the Income-tax Act and the total income of the person exceeds the maximum amount not chargeable to tax. Tax payers are advised to collect correct details of interest received or credited and

· file their return of income for assessment year 2014-15 (if not filed already) on or before 31.03.2016 in case their total income exceeds the maximum amount not chargeable to tax.

· revise their return of income for assessment year 2014-15/2015-16 if the return already filed does not include taxable interest income.

· file return of income for assessment year 2015-16, if not filed so far by including taxable interest income if any, on or before 31.03.2016 and avoid penalty u/s 271F. For more details, you may contact your Assessing Officer or Toll free number 1800-180-1961. ************* DSM

Extended Bank hours for conducting Govt. Business on 31st March, 2016

Extended Bank hours for conducting Govt. Business on 31st March, 2016 In view of closing of the current financial year and to facilitate the tax-payers in payment of taxes, the Reserve Bank of India has issued instructions vide notification RBI/2015-16/342 dated March 17, 2016 directing all agency banks to keep the counters of their designated branches conducting government business open till 8.00 p.m. on March 31, 2016. All electronic transactions would however, continue till midnight of March 31, 2016. – PIB

7th Pay Commission DA : A decade-long journey begins!

7th CPC DA : A decade-long journey begins!

“The Dearness Allowance calculations as per the recommendations of the 6th Central Pay Commission come to an end; the method prescribed by the 7th Central Pay Commission comes into effect from Jan 2016 onward…!” The 7th Central Pay Commission was appointed in order to evaluate the methods of calculating the salaries, incentives, benefits, pensions, retirement benefits, and Dearness Allowance of the Central Government employees and serving and retired personnel of the Indian defence forces, and suggest changes, if and when required. Four months have passed since the Central Pay Commission submitted its final report to the Centre. The government at the centre has the discretion to accept, reject, or modify the recommendations made by the Central Pay Commission. It has constituted a high-level committee to look into the various suggestions in the report. The final decision on the implementation of the recommendations will be made based on the feedback from this empowered committee. Meanwhile, the Central Government employees federations met with the high-level empowered committee to discuss various issues, including Minimum Wages and Fitment Factor, and to suggest required amendments in the report. There is likely to be a delay in the publication of the notification containing the accepted recommendations by the 7th Pay Commission. Since the election Model Code of Conduct will be in place until the last week of May 2016, the Government acceptance notification is expected to be published in the first week of June. In that case, there are chances that the revised salaries will be issued from the month of June. Also, the arrears for the past five months are also likely to be released then. Click to read continue...

History and the nationalist project

FLAWED NARRATIVE: "For decades the Congress party abused power to make Nehru out as a giant and all others small." Above is a file photo of L.K Advani in front of the Sardar Patel statue at the National Police Academy in Hyderabad.

The Hindu

What concerns Indian nationalists is that in spite of the application of science to questions of history, Nehruvian historians refuse to update materials that go into making history books It is good to see Digvijaya Singh of the Congress Party finding time from his life of leisure and party responsibilities to address ideological issues raised by me that arise from the task of re-writing our history text books and de-falsification of the same. In his article “History, battleground for politics” published in The Hindu on October 10, Mr. Singh alleges that my call for burning Indian history books written by Nehruvian historians, made at a public meeting in Delhi, is part of a larger conspiracy of the Sangh Parivar to devalue the contribution made by Jawaharlal Nehru in our history.

My answer to that would be my intention is not to conspire, since my contempt for Nehru is no secret. I am clear that it is important to resize the stature that Nehru enjoys in Indian history in order to match the reality of his achievement. Sardar Patel’s contributions For decades the Congress party has used its power to make Nehru appear as a giant rendering all other political personalities small before him. The fact is that the greatest achievements of the past 67 years of our recent history do not belong to Nehru or to his family — the credit for the integration of over 500 independent princely states in 1947-49 by their merger from what then was divided India to make it what it is today is due solely to Sardar Vallabhbhai Patel.

After the erstwhile princely state of Jammu and Kashmir was merged with India on October 26, 1947, Nehru completely mishandled the territorial dispute issue by taking it to the U.N. and that too without Cabinet approval. The mess that Kashmir is in today can be attributed to Nehru’s lack of national vision. Yet Sardar Patel was not awarded the Bharat Ratna till 1991 when Chandra Shekhar as Prime Minister and I as his senior-most cabinet minister rectified the omission. Nehru had taken the Bharat Ratna for himself in 1955, the very next year after it was instituted as a national award. As a nation builder, Nehru was a complete failure. Mr. Singh states in his article that Nehru’s contribution to the freedom struggle under Gandhiji’s leadership is unmatched, and that he was the Mahatma’s chosen person to lead free India.

My answer to that would be until 1942 it was C. Rajagopalachari who was the chosen successor but he lost his credibility among the masses due to his acceptance of Jinnah’s demand for Pakistan. Also had Netaji Subhash Chandra Bose returned safely to India after his Japan visit, he would have become the Prime Minister of India. With Netaji gone, Gandhiji took a vote of Pradesh Congress Committee (PCC) presidents in 1946, and only one of the 16 PCC Presidents voted for Nehru. The other 15 voted for Sardar Patel. But Gandhiji asked Patel to withdraw in favour of Nehru for practical politics — to hasten British departure. History books of the future will record what the practical politics was, when all currently classified files are declassified. Mr. Singh also states that the RSS-BJP combine and their followers do not have any one of their own who has contributed to the Indian freedom struggle. Hence they seek to appropriate Congress leaders as their own. Even “Chacha” Nehru and Indiraji have been owned by Prime Minister Modi recently, he says. My answer to that would be that Mr. Modi’s message that both Nehru and Indira’s birthdays should be celebrated by sweeping garbage out of the country should be appreciated in all its subtlety before he goes on to rejoice the transformation of Mr. Modi. Of course, if Mr. Singh has digested the historical concoction handed down to us by Macaulay’s intellectual progenies, it would be difficult for him to name any one belonging to the Hindutva fraternity who had contributed to our independence struggle. Mr. Singh may, therefore, not have heard of Veer Savarkar who changed the outlook of generations of Indians with his book The Indian War of Independence — 1857.

He might not have heard either of his great sacrifices in Andaman jail or his heroic escape from the British in Europe. Nor would he know about Hemu Vikramaditya or the great renaissance of the Vijayanagar Empire or the thorough beating the third Caliphate armies received on Rajasthan border at the hands of the Gujarat Prajapati dynasty and the Maharashtra-Andhra Chalukya Empire. Lessons in history Mr. Singh says that Mr. Modi is trying hard to distance himself from the hardcore religious and fundamentalist ideology in which he had been trained and associated with from early on. But he later says with mixed metaphor “Can a leopard conceal its spots?” So he fatuously prescribes how Mr. Modi should “tackle people like Mr. Swamy and other fringe elements” in order to emerge as a “true national leader.” In response all I would say is look at how Mr. Singh tutored Rahul Gandhi to be a national leader and what it led to... The Lok Sabha election result of 2014 is a testimony to that. What really concerns nationalists in India is that in spite of the application of science to questions of history, Nehruvian historians are refusing to update and review the materials that go into making history books. The Aryan-Dravidian race theory has been demolished by recent researches in genetics based on DNA studies. It has been established that most Indians have the same DNA profile irrespective of caste, religion or region. Yet we find our text books talking about India being multiethnic. The Sarasvati River had been called mythical by historians for the last 200 years. But now with the help of laser science it has been possible to locate the Vedic river underground and has now opened it up. Dwarka, the city of Lord Krishna, was similarly declared to be mythical. But under the dynamic leadership of Dr. S.R. Rao of the Archaeological Survey of India, Dwarka city was found under the ocean of the Gujarat coast. These discoveries find no reflection in our history textbooks. The chronology that we are made to follow in history textbooks of today is such that Hindu civilisation is shown to arrive after the beginnings of the Judeo-Christian civilisation. Over 2,000 years of Hindu history has been truncated to zero for this purpose. Hence, just as Gandhiji started a revolution in India by urging the masses to burn British clothes, wear Khadi, and boycott British goods, we nationalists too advocate clarity with regards to our national identity by burning history books concocted by British imperialists. (Subramanian Swamy is chairman of Bharatiya Janata Party’s Strategic Affairs Committee.)

7th Pay Commission Latest News – Don’t think 7th CPC Suggestions will Remain – Parrikar

Indian Military Veterans


7th Pay Commission Latest News – Don’t think 7th CPC Suggestions will Remain – Parrikar
“The seventh Pay Commission is in the form of recommendations. I do not think they (recommendations) will remain. I do not consider them as finalities. I have flagged them and will flag them properly at the right level,” said the defence minister.
7th Pay Commission Latest News – Don’t think 7th CPC Suggestions will Remain – “I will not claim that I have turned it around completely but at least something has been done so that deliveries can start. Ground has been prepared. Delivery is now the key word,” said Parrikar.
Defence Minister Manohar Parrikar on Tuesday said the recommendation of 7th Pay Commission was not final and he would take up concerns raised by the Armed Forces at the right level.
In an exclusive interview with the India Today, Parrikar said he has prepared ground for smoothening the defence procurement which needed to be backed by deliveries now.
On the concerns raised by the Armed Forces over the raw deal given to them in the 7th Pay Commission, Parrikar said it was not the final word. “The seventh Pay Commission is in the form of recommendations. I do not think they (recommendations) will remain. I do not consider them as finalities. I have flagged them and will flag them properly at the right level,” said the defence minister.
Parrikar, who inaugurated arms show DefExpo in Goa on Monday where a strong pitch is being made to further expand the growing defence sector, said negative environment surrounding the military acquisitions has changed.
“I will not claim that I have turned it around completely but at least something has been done so that deliveries can start. Ground has been prepared. Delivery is now the key word,” said Parrikar adding that there was an environment of mistrust, suspicion which can be frustrating in dealing with forces.
He said the industry cannot be held responsible for responding slowly to the changing atmosphere. “They have experienced a congested atmosphere and the breeze has only now begun flowing in. However, it cannot happen overnight. Confidence building measures are in place. Industry has begun responding,” he said outlining how smaller changes have been made.
“Offsets have taken off, exports are improving, procurement from local level has gone up. At the capital procurement level, it has not taken off or turned into a big deal because it takes longer. Industry has definitely responded.” Talking about the defence reforms like the appointment of a Chief of Defence Staff, Parrikar said there are no hurdles in bringing defence reforms. “There has to be a rational decision. Drafts are being prepared and shared. Very soon it will be brought to the Cabinet,” he said.
Asked about delay in development of critical equipment like Intermediate Jet Trainers (IJT) for the IAF or submarines for the navy, Parrikar said the air force does not think the IJT is a requirement as it is training on simulators, Basic Trainer Aircraft and Advanced Jet Trainer. “Instead of three, it is a two-level, re-caliberated approach. The proposal for six under-construction Scorpene submarines is moving smoothly. Next project P75, I will tag along with our policy document on Strategic Partnership,” Parrikar said.
“When it will come about? Very soon, but I am not willing to issue a timeline. As far as Arihant, the issue should not be discussed. We are equally concerned and are moving in the right direction,” he said. The three services raised a number of issues, but when the pay commission sought the defence ministry’s comments and recommendation, the ministry negated most of the demands of the services, the officer said.
Source: India Today

REALLY LOW, LOW LEVEL PASSES - SHOULD WE CALL IT 'BAAP OF THE EARTH" FLYING AKA "NAP OF THE EARTH" ?

Indian Military Veterans
REALLY LOW, LOW LEVEL PASSES - SHOULD WE CALL IT 'BAAP OF THE EARTH" FLYING AKA "NAP OF THE EARTH" ?

Favorite Low Level Pass Stills...
Buccaneer S.2B
http://i.imgur.com/iik3qtM.jpg
In the 1980s and 90s, No 208 Sqn RAF were the real experts in ultra low-level under
the radar nuclear strikes. During the International Air Tattoo in 1993, to mark the
squadron's 75th birthday, this Buccaneer S.2B was flown at an altitude of just 5 feet
for the entire length of RAF Fairford's runway.

Piper Cub

http://i.imgur.com/B0s6QKu.jpg
Sometimes, the difference between ground and aircraft is quite literally... inches.
A Piper Cub comes as close as possible to a wing strike without damage.

B-17 Flying Fortress

Why does India breed so many traitors?

Indian Military Veterans

Why does India breed so many traitors?


Major General Mrinal Suman
While studying Indian history in school days, one was repeatedly told that the foreign invaders resorted to ‘divide and rule’ policy to gain control over India. They were painted as unscrupulous schemers who exploited the simple, trusting and gullible Indians.
It is only at a much later stage that one realised the hollowness of the above assertion. The truth is that we are adept at producing hordes of traitors who revel in India’s ruin. Every victory of the foreign invaders was facilitated by the local collaborators who betrayed their kings for some devious reward or to settle personal scores. No fort was ever conquered without the infidelity of a trusted minister/commander.
Unfortunately, centuries of slavery has taught us nothing. We carry on spawning throngs of people who can stoop down to any level (even imperil national security) for their petty gains. Our leaders, media and intellectuals appear to have a single point agenda: how to generate innovative issues to keep the nation divided and embroiled in petty bickering and internal dissentions; and thereby impede progress and bring a bad name to the country. They abhor India’s rise. Let me elucidate.
First, the leaders: they are the fountainhead of all fissiparous tendencies. For them, vote bank politics take precedence over everything else. One does not have to be a visionary to predict the danger of abetting illegal migration from Bangladesh for garnering votes. But unscrupulous political leaders carry on unconcerned.
One hangs one’s head in shame when political leaders extend their support to a delinquent student leader who seeks destruction of India. Comparing him with martyr Bhagat Singh is by far the most perfidious act.
Perhaps, India is the only country that has an ignominious track record of producing Home Ministers who revelled in shaming the country. One concocted theories of saffron terrorism to please his party bosses. In so doing, he presented a convenient propaganda tool to Pakistan. Another Home Minister did the unthinkable. He declared a terrorist to be innocent in an affidavit to the court. The aim was to ensnare the opposition leaders in a false case. Sadly, India’s intelligence gathering apparatus suffered immense damage in the process.
When a leader declares ‘it's safer to be a cow than to be a Muslim in India today’, he puts the whole country to shame. The world media flashes such headlines with sinister pleasure. India’s image takes a terrible beating. Just to score a brownie point against the government, he presents a convenient propaganda handle to the hostile forces. How low can a leader stoop!
Recently, a renowned advocate and a former law minister told a TV channel that shouting slogans for the destruction of the country is not debarred in the constitution. According to him, freedom of expression was of paramount importance. Even demand for secession (azadi) was justified. As the interview progressed, one was not only amazed by his perverted reasoning but also shocked to see the brazenness with which he was arguing. Survival of India appeared to be of no concern to him. One wondered if one was watching an Indian or a Pakistani channel.
Secondly, the media personnel: the less said the better. From their conduct, it appears that many of them are foreign plants and India means little to them. When a leading media house invited a vicious and remorseless enemy like General Pervez Musharraf and groveled before him, it marked the lowest depths of shamelessness to which journalism could sink. Instead of castigating him for the Kargil war, he was treated as a peace loving guest.
Both the electronic and the print media never report ‘positives’ about the country. Ugly India sells (a la ‘Slumdog Millionaire’); and not progressive India. Remember how a TV reporter failed to digest the popularity of Modi in the US and tried to incite the crowd with provocative remarks. But then they get paid to demean India, and not to extol it.
Immense damage is also being inflicted on the unity of the country by the media through its Machiavellian and skewed reporting. Every news item is deliberately reported with a religious, caste or creed slant – ‘dalit girl molested in a Delhi bus’ (as if other women are not molested in Delhi buses) or ‘church guard killed’ (in reality an argument between two security guards had turned violent) or ‘Muslim driver runs over a boy’ (as if his being a Muslim is of any relevance). Recently, in a case of cattle stealing, a leading newspaper could not resist the temptation to add that ‘one of the five thieves is learnt to have had connections with a cow protection group in the past’. How cunningly, a simply case of robbery was given a communal taint.
Petty vandals are given the coverage befitting a mass leader. It was obnoxious to see two TV channels airing their interviews with a student leader charged with sedition. The worst was the indulgent demeanour of the TV anchors; as if a national hero was being eulogised. The interviews were repeatedly telecast at prime time. Did these channels think of interviewing war heroes or martyrs’ families? Forget it; that would have been a pro-India act and that is an act of sacrilege for them.
Thirdly, the self-proclaimed secular intelligentsia: it has done the maximum damage to India’s prestige and standing. Some of them appear to be fifth columnists masquerading as progressive intellectuals. In which country of the world would the intelligentsia write to the US government not to receive their Prime Minister? Honestly, it is simply loathsome: duly elected representative of 1.25 billion Indians being subjected to indignities by a shameless bunch of foreign-educated and foreign-paid anti-national elements. Unfortunately, their protests get huge publicity abroad, thereby undermining all efforts to raise India’s standing in the world forum.
It can be said with certainty that the well-orchestrated campaign of intolerance was totally malicious in intent. The sole objective was to stall all progressive reforms by tarnishing the image of the government. How else can anti-nationalism be defined? As expected, having dented India’s reputation, sold-out media chose to ignore the true facts as they emerged.
Hundreds of Christians, led by the church leaders, marched in protest on the roads of Delhi against the alleged vandalism of churches and a theft in a Christian school. Routine cases of petty crimes were cited to suggest an anti-minority conspiracy. They ensured extensive coverage of their protests by the foreign and Indian media, thereby damaging India’s secular image. Foreign channels are only too eager to shame India. Unwisely, even Obama got carried away with his uncalled for advice, losing considerable goodwill in India. Reportedly, he said so on the prodding of an Indian leader.
Soldiers and the national symbols: the national flag, the national anthem and the national salutations are representative of a country’s national identity and pride. They symbolise ancient heritage, current challenges and future aspirations. For soldiers, their sanctity is incontestable.
Thousands of soldiers have sacrificed their lives to plant our tricolour on the enemy strongholds, thereby earning the ultimate honour of having their bodies draped in the national flag.
Notes of the national anthem make every soldier get goose pimples. The response is instantaneous and the effect is electrifying. Even in their homes, they stand up with their families when the national anthem is played on TV during Independence/Republic Day ceremonies.
Similarly, national salutations like ‘Hindustan Zindabad’, ‘Jai Hind’ and ‘Bharat Mata Ki Jai’ make adrenalin surge through their bodies. The salutations act as a rallying call to inspire the soldiers for the ultimate sacrifice. All military functions conclude with full-throated renditions of ‘Bharat Mata Ki Jai’.
Therefore, the current controversy regarding national salutations is highly painful to the soldiers. They fail to understand as to how an Indian can have difficulty in hailing the country. How can ‘Bharat Mata Ki Jai’ be assigned religious overtones.
Finally: history stands testimony to the fact that a nation infested with the virus of treachery, deceitfulness and perfidy has always been an easy prey for foreign subjugation. No one knows this bitter truth better than India. Yet, our leaders, media and intelligentsia keep discrediting and harming the country through their seditious utterances and activities. Under the garb of freedom of speech, they support those felonious speakers who vow not to rest till India is destroyed.
When Paris was hit by the terrorist attacks, the whole country gave a unified response. Compare it with our Batla House encounter against Indian Mujahdeen where two terrorists were killed and two arrested. A brave police officer lost his life. Yet, many seditious elements had the impudence to term the encounter to be ‘fake’.
Therefore, the mystery remains unsolved. Why does India continue to produce so many Jaichand and Mir Jafars? Is India a cursed nation or is treachery a part of our DNA? One wonders.*****

Posted by: "Mrinal Suman" __

IESM Letters _ One Rank One Pension

Indian Military Veterans
29 Mar 16.
Dear Indian Military Veterans and Veer Naris,
Jai Hind.

In service of Indian Armed Forces Veterans of All Ranks
& Families Around the World

Chander Kamboj
----------


From: Satbir [mailto:satbirsm@gmail.com]
Sent: 29 March 2016 15:49
To: Brig CS Kamboj
Subject: Fwd: ONE RANK ONE PENSION (OROP)
29  March 2016
ONE RANK ONE PENSON (OROP)
Dear Veterans
             The following letters are enclosed herewith for your information and widest circulation please.
(a)             Letter to Justice L.Narasimha Reddy, Retired Chief Justice of Patna High Court dated 25 Mar 2016 regarding “Urgent Need to Rectify Anomalies in OROP in Govt Notification dated 07 Nov 2015 and Table dated 03 Feb 2016.

(b)          Letter to Justice L.Narasimha Reddy, Retired Chief Justice of Patna High Court dated 25 Mar 2016 regarding “Change of Definition of OROP in various correspondence of DESW Noticed.
 With regards,                                      
Yours Sincerely,                                                          
Maj Gen Satbir Singh, SM (Retd)                                                                                                             
Chairman Indian Ex-Servicemen Movement (IESM)                                                                                                                                                       
Mobile: 9312404269, 01244110570                                                                                           
Enclosures  :- As above. (.............pages only)

Defence Minister says 7th pay commission recommendations for Armed Forces may be overruled

Indian Military Veterans
Defence Minister Manohar Parrikar on Tuesday said the recommendation of the 7th Pay Commission was not final, and he would take up concerns raised by the Armed Forces at the right level. 
In an exclusive interview with the India Today, Parrikar said he has prepared the ground for defence procurement which needs to be backed by deliveries now.
On the concerns raised by the Armed Forces over the raw deal given to them in the 7th Pay Commission, Parrikar said it was not the final word. 
Defence Minister Manohar Parrikar (centre) pictured at the DefExpo in Goa
Defence Minister Manohar Parrikar (centre) pictured at the DefExpo in Goa
“The seventh Pay Commission is in the form of recommendations. I do not think they (recommendations) will remain. I do not consider them as finalities. I have flagged them and will flag them properly at the right level,” said the defence minister. 
Parrikar, who inaugurated arms show DefExpo in Goa on Monday, where a strong pitch is being made to further expand the growing defence sector, said negative environment surrounding the military acquisitions has changed. 
Delivery 
“I will not claim that I have turned it around completely but at least something has been done so that deliveries can start. Ground has been prepared. Delivery is now the key word,” said Parrikar, adding that there was an environment of mistrust and suspicion which can be frustrating when dealing with the forces. 
He said the industry cannot be held responsible for responding slowly to the changing atmosphere. 
“They have experienced a congested atmosphere and the breeze has only now begun flowing in. However, it cannot happen overnight. Confidence building measures are in place. Industry has begun  responding,” he said, outlining how smaller changes have been made. 
“Offsets have taken off, exports are improving, procurement from local level has gone up. At the capital procurement level, it has not taken off or turned into a big deal because it takes longer. Industry has definitely responded.” 
Talking about the defence reforms like the appointment of a Chief of Defence Staff, Parrikar said there are no hurdles in bringing defence reforms. 
“There has to be a rational decision. Drafts are being prepared and shared. Very soon it will be brought to the Cabinet,” he said. 
Asked about delays in the development of critical equipment like Intermediate Jet Trainers (IJT) for the IAF or submarines for the navy, Parrikar said the air force does not think the IJT is a requirement as it is training on simulators, Basic Trainer Aircraft and Advanced Jet Trainer. 
“Instead of three, it is a two-level, re-caliberated approach. The proposal for six under-construction Scorpene submarines is moving smoothly. Next project P75, I will tag along with our policy document on Strategic Partnership,” Parrikar said. 
No timeline 
“When it will come about? Very soon, but I am not willing to issue a timeline. As far as Arihant, the issue should not be discussed. We are equally concerned and are moving in the right direction,” he said. 
The three services raised a number of issues, but when the pay commission sought the defence ministry's comments and recommendation, the ministry negated most of the demands of the services, the officer said.

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