07102017-TTC-01.qxd 10/7/2017 1:32 AM Page 1 13 established in 1881 saturday, october 7, 2017 late city chandigarh | gurugram | jalandhar | bathinda | jammu | srinagar | www.tribuneindia.com | vol. 137 no. 277 | 48 pages | ~5.00 | regd. no. chd/0006/2015-2017 /thetribunechd IAF copter crash in Tawang kills 7 Bijay Sankar Bora Tribune News Service Guwahati/New Delhi, Oct 6 Seven military personnel died in a helicopter crash near Tawang, the Tibetan monastery town in Arunachal Pradesh, near the Line of Actual Control (LAC), the de facto boundary between India and China, this morning. Only yesterday, Indian Air Force Chief Air Chief Marshall BS Dhanoa, at a press conference in New Delhi, had said: “Our losses (crashes) during peacetime are a cause for concern.” The deceased are Wing Commander Vikram Upadhyay, Squadron Leader S Tiwari, MWO AK Singh and Sergeants Gautam and Satish Kumar of the IAF and Sepoys E Balaji and HN Deka of the Indian Army. The IAF has ordered a court of inquiry to ascertain the cause of the crash, Tezpurbased Defence PRO Lt Col Sobmit Ghose said. “The Mi-17 V5 chopper was carrying supplies to a forward post in the hilly terrain. It crashed close to the dropping zone and caught fire immediately,” an IAF spokesperson said in New Delhi. The Russia-made copter was on its second sortie of the day. On an air maintenance mission, it was scheduled to drop off kerosene jerry cans at an Army camp in Yangste, he said. Mishap comes 2 days ahead of Air Force Day; court of inquiry ordered Tawang SP Manoj Kumar Meena told The Tribune over the phone that the crash occurred around 6.30 am, 130 km from Tawang, after the chopper had taken off from the Khrimur helipad. A rescue team comprising Army and IAF personnel rushed to the crash site and found the bodies, which were transported to the IAF base at Tezpur, Assam. The crash comes two days ahead of Air Force Day on October 8 and is the second incident involving IAF helicopters in Arunachal Pradesh in three months. An Advanced Light Helicopter of the IAF had crashed at Saglee in Papum Pare district on July 4, claiming four lives. Minister of State (MoS) for External Affairs Gen VK Singh (retd) expressed grief over the loss of lives. /thetribunechd GST relief for small trader, exporter Businesses with annual turnover up to ~1.5 crore allowed to file quarterly returns New Delhi, October 6 Three months after the rollout of the new indirect tax regime, the GST Council today made sweeping changes to give relief to small and medium businesses on return filing and payment of taxes, eased rules for exporters and cut tax rates on more than two dozen items. Businesses with an annual turnover of up to Rs 1.5 crore, which constitute 90 per cent of the taxpayer base but pay only 5-6 per cent of the total tax, have been allowed to file quarterly income returns and pay tax instead of the current provision of monthly filings. Also, the turnover threshold for businesses to avail of the Composition Scheme that allows them to pay 1-5 per cent tax without going through tedious formalities, was raised to Rs 1 crore from the current Rs 75 lakh. “The compliance burden of medium and small taxpayers in GST is being reduced,” Finance Minister Arun Jaitley told reporters after the 22nd meeting of the Council. Small and medium enterprises had complained of the tedious compliance burden under the Goods and Services Tax (GST), that was supposed to be a simple indirect tax regime which replaced over a dozen Central and state taxes. Jaitley said big taxpayers, REFUNDS BY OCT 18 TAX CUT, 27 ITEMS SET TO GET CHEAPER ■ Exporters, who have been ■ GST on unbranded namkeen, facing sluggish growth due to a global slowdown, will get refunds for the tax paid by them on exports during July and August by October 18, Finance Minister Arun Jaitley said. ■ For the remainder of the fiscal, they will operate under an exempted category paying a nominal 0.1 per cent GST, he said, adding that from April 1 an attempt would be made to launch an e-wallet facility for the exporters to provide liquidity. unbranded ayurvedic medicine, sliced dried mango and khakra has been cut to 5 per cent from 12 per cent, while that on manmade yarn used in textiles has been reduced to 12 per cent from 18 per cent. ■ Tax on stationery items, stones used for flooring (other than marble and granite), diesel engine parts and pump parts has been cut to 18 per cent from 28 per cent. ■ GST on e-waste has been who contribute 94-95 per cent of the total taxes, will continue to file monthly returns and pay taxes on a monthly basis. Also, a group of ministers has been asked to go into the issue of extending the Composition Scheme on interstate sales as well as rationalising taxes on restaurants. The switchover to quarterly tax filing for small and medium businesses would happen from October 1 and they will have to file monthly returns for the first three months of GST, which was implemented from July 1. With small businesses and traders complaining about the compliance burden the new Goods and Services Tax slashed to 5 per cent from 28. ■ Food packets given to school kids under Integrated Child Development Scheme (ICDS) will attract 5 per cent tax instead of 12 per cent. ■ Job works like zari, imitation jewellery, food items and printing items would attract 5 per cent tax instead of 12 per cent. ■ Government contracts involving high amount of labour will be levied 5 per cent GST instead of 12 in order to contain cost of programmes. <
The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising four eminent persons as trustees.
The Tribune, the largest selling daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the paper. It is an independent newspaper in the real sense of the term.
The English edition apart, the 133-year-old Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).