July 6, 2019

Page 1

Nagaland Post www.nagalandpost.com

Vol XXIX No. 209

DIMAPUR, SATURDAY, JULY 6, 2019 Pages 12 ` 5.00

Trump hails US military on I-Day

Italy legend Buffon returns to Juventus

‘Fiscal deficit target of 3.3% realistic’

international, Page 9

sports, Page 11

business, Page 8

Sitharaman presents maiden budget

New Delhi,Jul 5 (AGENCIES): Finance Minister Nirmala Sitharaman on Friday hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super-rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles. Presenting the maiden budget of Modi 2.0 government in the Lok Sabha, Sitharaman, the first fulltime woman Finance Minister, proposed measures to ease liquidity crisis facing shadow banking sector (NBFCs) and providing Rs 70,000 crore capital to public sector banks while seeking to raise additional resources through privatisation of some PSUs. In relief to tax payers, she provided for an additional deduction of Rs 1.5 lakh on interest paid on loans borrowed up to March 31, 2020 on purchase of a house up to Rs 45 lakh. Corporate tax on companies with a turnover of up to Rs 400 crore has been slashed to 25 per cent from the current 30 per cent.

Fuel prices to rise

Budget Impact 2019-20

Costlier

Cheaper

Electric vehicle comPetrol and diesel Petrol andhookah dieseland chewing tobacco E l e c t ponents ric vehicle Cigarettes, Camera module and Gold and silver components Cigarettes, hookah and charger of mobile Fully-imported Cars chewing tobacco Camera module and phones Split air-conditioners Set top box Loudspeakers charger of mobile phones Gold silver Import of defence Digitaland video recorders Set top box equipment, not manImported books Fully-imported cars ufactured in India CCTV cameras I m p o r t o f d e fence Split air-conditioners Cashew Kernels equipment, not manufactured Imported plastics Loudspeakers Raw materials for manufacture of in soap India Vinyl flooring, Digital videotiles recorders Optical fibre Imported books Ceramic tiles and wall tiles Imported stainless steel products No income tax for income CCTV cameras Imported auto parts up to Rs 5 lakh Newsprint and paper for newspaper and Cashew Kernels magazines PAN and Aadhaar made Imported Mountings plastics for furniture interchangeable, allowing Marble slabs

Other highlights

Nirmala Sitharaman with Anurag Thakur and others outside the North Block ahead of the presentation of Union Budget 2019-20. (PTI)

Sitharaman said the reduced tax rate would cover 99.3 per cent of corporates in the country. To boost use of electric vehicles, an additional income tax deduction of Rs 1.5 lakh on interest paid on loans taken to purchase EVs has been proposed. Also, the government has asked GST Council to reduce tax rate on EVs from 12 per cent to 5 per cent. Customs duty on certain parts of EVs has been reduced. Addressing the angel tax issue faced by startups, she said startups and investors who filed requisite declarations would not be

subjected to any kind of scrutiny in respect of valuation of share premium. A mechanism of everification will be put in place and with this the funds raised by startups will not require any tax scrutiny. Customs duty on gold and precious metals was raised from 10 per cent to 12.5 per cent to mobilise resources. Basic customs duty was raised on an array of products, including tiles, cashew kernels, vinyl flooring, auto parts, some synthetic rubber, digital and video recorder and CCTV camera.

Raw materials for manufacture of soap Vinyl flooring, tiles Optical fibre Ceramic tiles and wall tiles Imported stainless steel products Imported auto parts Newsprint and paper for newspaper and magazines Mountings for furniture Marble slabs

those who do not have PAN to file return TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account Surcharge on individuals having taxable income of Rs 2 crore to Rs 5 crore, and Rs 5 crore and more raised Government targets over Rs 1.05 lakh crore disinvestment this fiscal Government proposes FDI norm relaxation in media, aviation, insurance, single brand retail Government proposes additional tax deduction of Rs 1.50 lakh on interest paid on home loans taken up to March 2020

‘Insipid and opaque’ budget with no relief for any section: Congress

NEW DELHI, JUL 5 (IANS): Congress on Friday dubbed the first Union Budget of the Modi 2.0 government as “insipid and opaque”, saying it had not revealed any financial data or allocations, had no relief for various sections of people, or mentioned measures to help farmers. Addressing a press conference at the party headquarters, former Finance Minister P. Chidamabaram said: “Budget 2019-20 is an insipid budget. The Finance Minister’s speech was an unusually opaque exercise.” “Short sentences that do not explain what they are trying to do. This budget of 2019-20 is a monotonous budget. Has there ever been a Budget speech that does not disclose the total revenue, the total expenditure, the fiscal deficit, the revenue deficit, the additional revenue mobilisation or the financial concessions? “Has there ever been a budget speech that does not disclose the allocations to important programmes like MGNREGA, the mid-day meal scheme, healthcare, etc. and to vulnerable sections like SC, ST, minorities,

Congress leader P Chidambaram addresses the media as party spokesperson Randeep Singh Surjewala looks on, Friday. (PTI)

women etc? We are shocked by this departure from the usual practice,” he said. Chidambaram said Finance Minister Nirmala Sitharaman should have been transparent about how much revenue the government expects to raise with the raise in taxes. “Belying widespread expectations, the Finance Minister has given no meaningful relief to any section of the people. On the contrary, the Finance Minister has increased customs duties on a large number of goods, raised taxes on petrol and diesel and proposed extensive amendments to the Income Tax Act that will increase the tax and compliance burdens on the taxpayer,” the Congress

leader said. He also questioned the government for not having anything for the farmers and said that even the government’s plans for the agriculture sector had not been explored in Sitharaman’s speech. Slamming the government, Chidambaram said: “The (Narendra) Modi government treats India as one big state government and has taken upon itself to do things that are the right and duty of state governments. “This is not cooperative federalism, it is an unequal partnership imposed by the Centre upon state governments.” He said that the Prime Minister is willing to do incremental reforms, but was unwilling to undertake “radical reforms”.

Centre accepts state’s proposal to implement JCPI says cut-off date for NH-29 opens for PM-KISAN with Nagas’ land holding system RIIN should be Dec 1, 1963 vehicular traffic

NEW DELHI, JUL 5 (PTI): Petrol price will be hiked by over Rs 2.5 per litre and diesel by more than Rs 2.3 after Finance Minister Nirchaired by Union agriculture The proposal was discussed DIMAPUR, JUL 5 (NPN): native/ancestral village mala Sitharaman Friday minister Narendra Singh Tomar threadbare and, after long delib- While appreciating the State would have the final say, government for its timely the meeting resolved, beraised taxes on the fuels to at Krishi Bhawan in New Delhi eration and consideration, was decision to set up a Register sides demanding that the part-fund her Budget for on June 2. accepted by all members present of Indigenous Inhabitants responsibility delegated 2019-20. Sitharaman raised The meeting was attended in the meeting. of Nagaland (RIIN), a for enumeration should be excise duty and road and by representatives of Government PM-KISAN was launched public meeting under the indigenous inhabitants of infrastructure cess on the of India, including agriculture by Government of India with aegis of Joint Committee Nagaland known for their auto fuels by Rs 2 per litre secretary, DoNER secretary and the objective to supplement the on Prevention of Illegal dedication and integrity. each to raise over Rs 28,000 land resources secretary. State’s financial needs of the farmers in Immigration (JCPI) here The further resolved crore. Post considering local additional secretary of agriculture procuring various inputs to ensure on Friday resolved to insist to demand that tribal apex sales tax or value added tax Temsunaro Aier and scheme’s proper crop health and appropri- on making December 1, bodies, along with village (VAT), which is charged afState nodal officer Letkholal ate yields, commensurate with the 1963 as cut-off date for councils and gaon burahs, Backhoe loaders clearing the debris. (NP) ter adding central excise duty Hangshing accompanied Kaito. anticipated farm income. It is a all indigenous inhabitants, should be given vetting on base price, the increase in In keeping with the landhold- Central sector scheme with 100% other than the recognised authority and responsibility Correspondent petrol price would be over ing system prevalent in Nagaland, funding from the Centre. Naga tribes of Nagaland as to judiciously carry out this KOHIMA, JUL 6 (NPN): National Rs 2.5 per litre and that on Kaito Aye with Narendra Singh Tomar where land is largely owned by the Under the scheme, income per the government notifi- important extensive sur- Highway-29, the lifeline of Nagaland diesel would be Rs 2.3. DIMAPUR, JUL 5 (NPN): In community/clan/khel or chief- support of Rs 6,000 per year in cation of 1977, to prevent vey under their respective and neighboring state Manipur, which NLA session from Aug 6 a major development, the Union tain (in the case of some tribes), three equal instalments will be inconsistency during enu- jurisdictions as per their remained disrupted due to massive the State’s agriculture minister provided to small and marginal meration. customary practices. sinking at Old KMC dumping site since DIMAPUR, JUL 5 (NPN): Agriculture ministry has accepted In a press release by Meanwhile, JCPI also Thursday, was thrown open to the veNagaland Governor has the State government’s proposal had proposed that all beneficia- farmer families having combined summoned the Fourth Ses- to implement the Pradhan Mantri ries – individual farmers – of the landholding/ownership of up to JCPI convener Ghokheto resolved to extend full co- hicular traffic Friday. Executive Engineer Vikeshe sion of the 13th Nagaland Kisan Samman Nidhi (Prime Min- PM-KISAN scheme in Nagaland two hectares. State government Chophy and secretary Tia operation to the authorised Legislative Assembly (NLA) ister Farmers’ Welfare Scheme) – be certified by respective village and Union Territory administra- Longchar, JCPI meeting implementing agencies in Yepthomi told Nagaland Post that the loose soil at the sinking site was cleared to meet at 9:30am on August PM-KISAN – in accordance with councils or by village chiefs in tion will identify the farmer fami- with representatives of trib- this regard. It may be recalled that and filled with boulders. He, however, the unique landholding system of particular cases, duly verified by lies that are eligible for support al apex bodies held at Ho6, in the Assembly Hall. administrative head of the block/ as per scheme guidelines. The tel Saramati also resolved the committee had also stated that since the location has a histhe Nagas. State’s Agriculture & Coop- division/district and counter- fund will be directly transferred that in case of verification categorically demanded tory of subsidence, the department eration minister G Kaito Aye had signed by deputy commissioners to the bank accounts of the ben- for any Naga indigenous that RIIN “must be only for would continuously monitor the site and eficiaries. tribes of Nagaland, their Nagas by blood.” carry out maintenance. tabled the proposal in a meeting of the respective districts. DIMAPUR, JUL 5 (NPN): DC Wokha, Dr. Manazir Jeelani Samoon, has advised the public not to venture into Doyang river for any activity like swimming/fishing/ DIMAPUR, JUL 5 (NPN): with Nagas was for “pos- the efforts in this regard ever, WC said the de-facto Correspondent washing clothes etc as it Working Committee (WC) terity and a cornerstone for made by several Naga civil Cease fire status would be could endanger lives. Ac- of the Naga National Po- future Naga generations to societies and tribal hohos for “automatically restored” KOHIMA, JUL 5 (NPN): cording DIPR, the water lev- litical Groups (NNPGs) in a fall back on in any political instilling mutual trust and once it joined the ongo- Reiterating its stand to el at Doyang Hydro Electric statement through its media infidelity by GoI, ” WC said confidence among Nagas. ing political talks and after make Dzükou valley plasW C s a i d N S C N which all these demands tic-free zone, the Southern Project reservoir and Doyang cell, reiterated that Nagas it was engaged in negotiariver has risen considerably are on a threshold of a new tions with the government (Khango) agreed and be- would no longer exist when Angami Youth Organisapolitical beginning of retain- of India with clarity and came the latest to join the settlement arrives. Reacting tion (SAYO) has informed due to heavy rains. ing sovereign rights over land determination because of Working Committee and to the press statement issued that Dzükuo trekkers/visiand resources be it natural or unflinching support and Isak Sumi, the newly ap- by NSCN (Khango) on July tors would be frisked and man-made through an Agree- solidarity from all sections pointed general secretary of 7,2019, WC described it as checked for plastic items. ment with the government of of Nagas. the NSCN( Khango) repre- “deviation from fact” add- The organisation on FriIndia in achieving an endurWC also disclosed that sented the group in the talks ing instead, pointed to the day put up signboards on ing peaceful coexistence with it played a key role in bring- as co-convener. WC said the “trust deficit” between the ‘DOs and DON’Ts’ of the due regard to contemporary ing chairman ‘gen.’ (retd) NSCN (Khango) had set government of India and valley at designated trekpolitical reality. Khango in the negotiations four pre-conditions for join- NSCN (Khango). king route via Viswema WC thanked Naga civil with the government of ing the talks with the governIn order to bridge this, and Jakhama, and also at societies, tribal leaders, inter- India after he was ousted ment of India- 1. Release WC said its convener N. the base camp of the valdenominational churches, from NSCN(K) in the last of its members from Indian Kitovi Zhimomi, other co- ley. Volunteers have been SAYO volunteers checking items being carried by trekkers. (NP) learned scholars and intel- quarter of 2018. WC said jails; 2. Removal of Terrorist conveners and Naga civil deployed at Dzükou point, lectuals for grasping the it had promptly deputed tag; 3. Removal of bounty societies did much ground- Viswema for checking of them at the entry point cloths bags would be proof the Dzükou valley at vided by the organisation practical model of Naga representatives to meet with placed on its top leaders and work in order to convince plastic items. political settlement that was Khango in Leinong areas 4.removal of AFSPA and the government of India that SAYO president Zake- Viswema. He said trek- at the checking point to visible in the “ongoing po- under eastern Nagaland be Disturbed Areas Act. the Khango group could be leto Tsükrü said that trek- kers were also required to replace the plastic bags. The teams at the enlitical negotiations between an equal partner in the negoHowever, the govern- trusted and that the group kers are to register all non- pay per plastic item at the GoI and WC,NNPGs” tiations with the government ment of India did not make joining the negotiation biodegradable items they entry points, which would trance would thoroughly “If you want to know Reminding that the of India while retaining and any assurance to NSCN (K) would be in the interests are to take along at the be reimbursed at the time frisk visitors and also at the skill development, time of checking out for November 17, 2017 Agreed maintaining his position, through NGBF since NSCN of both the government of entry point and must bring of exit. start working and stop SAYO president said plastic products at the entry Position signed between entity and status as NSCN (K) had unilaterally abroIndia and Nagas. all those items back on retalking.” (Cont’d on p-7) turn journey and produce that alternative paper or point. (Cont’d on p-7) the government of India (K)chairman. It also lauded gated the cease fire. How-

Public warned not to venture into Doyang

Solution greater than personal glory: WC NNPGS SAYO to frisk Dzükou trekkers for plastic items

This is it!

K Y M C

K Y M C


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