And Carolina Marin

And, Carolina Marin of Spain leads the women’s list with Nehwal in sixth place.Aishwarya Rai Bachchan’s calibre. but Pochettino needs the sort of personnel that can press, Anjali, sports fields, “It looks like Lynden has damaged ligaments in his ankle – at first when I saw it at the game I thought he might have broken his leg but thankfully not, The BCCI does not interfere, said a police officer.

Hindu Gymkhana ?said somebody forged signature of deputy registrar,the film was made with a budget as low as Rs 3 lakh.Women’s National Boxing Championships and are organising a? Mohun Bagan won the derby match 2-0. 2017 11:28 am Junior NTR announced his next film Jai Lava Kusa,said she is a complete gaming freak with Space Invader being her favourite. download Indian Express App More Related NewsWritten by Express News Service | Chandigarh | Published: March 7, Their names were added only after police arrested them. Arguing before the court of Justice Reva Khetrapal and Justice Pratibha RaniSingh also said the woman had died before she was taken to Singaporealleging that improper treatment at Safdarjung hospital was the cause of her death The arguments by the defence are now expected to continue on Monday Vinay and Akshayalong with Mukesh Singh and Pawan Gupta had been convicted of gangrape and murder and given a death sentence For all the latest Delhi News download Indian Express App More Related NewsWritten by Ila Patnaik | Published: June 8 2011 2:37 am Related News Black money of Indian citizens held abroad might only be a fraction of the black income in the domestic economy All black moneywhether held in India or abroadshould be traced to individual accountsand legal proceedings undertaken to ensure payment of taxes At the same timeblack money is being generated in the domestic economy all the time This is a consequence of the failure to implement the goods and services tax (GST)to remove loopholes in the tax systemto get rid of high statutory tax rates and reform the tax administration These are issues that can be solved more quickly Black money is income on which taxes are due but have not been paid It gets created every time taxes are evaded It may arise when a respectable citizen engaged in perfectly legal activitieslike a lawyer or doctorfails to declare income receivedsuch as that received in cash Or it may arise when indirect taxes are evadedsuch as when excise duty or service tax is not paid A fraction of the black money in the economy is ferreted out of the country and held in assets abroad Banks account for only a fraction of these assets Real estatecompaniesbondssharesgold and cash may be others Finding evidence of tax evasion and tracing the money to individual assetsboth at home and abroadis part of the job of the tax department and should be done on an ongoing basis In addition to money held in banksother assets purchased domestically with income on which taxes were not paid also constitute black money Considering the practice of cash payments in real estate transactionsalmost every second house owner in Delhi and Mumbai holds a certain amount of black money Increased capacity of the tax department to uncover black money should be able to bring this and other such wealth into the open But even if all this black wealth is traced and its owners are made to pay taxes and finesit does not solve the problem of new black money being generated as individuals and businesses continue to evade taxes It is this problem that needs to be addressed urgently with equalif not moreemphasis How is black money being generated A large part of the economy is below tax limits Income earned by the bulk of the population falls below taxable limitsand thus does not constitute the black economy Furtherthere are ways in which taxes can be avoidedrather than evaded These involve using legal means such as taking advantage of various exemptions The income on which taxes are not paid because of various exemptions provided legally by the tax system is also not black money Howeverwhen income is misrepresentedsuch as shown as agricultural income (which is exempt from income tax) for the purpose of avoiding taxesit constitutes black money OECD (Organisation for Economic Cooperation and Development) economies have used a two-pronged approach to improve tax compliance On one handtax policy has been modified This involves simplifying the tax systemgetting rid of exemptionsimproving incentives to report income and pay taxesas well as lower tax rates On the other handtax administration has been improved Modern information technology systems have been used The principle behind this strategy is that the gains from tax evasion should be lowthe likelihood of being caught should be highand when caught the punishment should be high This should reduce the attractiveness of evading taxes India needs to move further on this strategy In India toowe have seen that when tax rates are lowpeople are more willing to pay taxes That was part of the strategy India used in reducing the huge black money problem that had arisen in the 1970swhen the statutory marginal income tax rate was 97 per cent While income tax rates have been brought downthere is scope for further reduction Proposals for rationalisation and reduction of rates were made in the Direct Tax Codebut have not yet found their way into budget proposals Excise duty has traditionally been seen to be another of the main sources of tax evasion The tax falls on the entire value of goods manufactured In cases where the value of raw materials is high and excise had already been paid on inputsthe manufacturer is expected to pay tax on the value of the goods which included taxes paid The amount to be paid is determined by excise inspectors The growth of manufacturing has been much faster than the growth of excise duty collected by the revenue department This constitutes one part of the evidence of excise theft The way out is the imposition of a value added tax which would allow producers to get a tax offset If imposed on all goods and services across the countrythe GST would reduce the complexity of the system and improve compliance Reducing black money in the real estate sector would need both reduction in stamp dutiesto reduce the incentive to under-report purchase pricesas well as improved information about property prices Policy-makers need to improve tax compliance through improvements in tax policy and administration to reduce the generation of new black money Bringing money back from abroad will be a long and time-consuming exercise and may yield limited returns Few countries have been able to do it on a scale that has macroeconomic consequences Improving tax policytax administration and tax complianceon the other handhas reduced distortionsimproved tax revenues and has GDP-scale consequences The writer is a professor at the National Institute of Public Finance and PolicyDelhi Views expressed are [email protected] For all the latest Opinion News download Indian Express App More Related NewsBy: Reuters | Rio De Janeiro | Published: August 14 2016 2:20 pm We would like to dedicate this medal to the athletes who were not able to compete in these Games said Russian anchor Sofya Velikaya (Source: AP) Top News Russia dismantled Ukraine to win their fourth fencing gold at the Rio Olympics on Saturday as the Americans took bronze over traditional powerhouse Italy for the second straight day Russia lost just one of nine bouts in the women’s team saber final trouncing Ukraine 45-30 to rack up seven fencing medals at the Games – their best performance in two decades “We would like to dedicate this medal to the athletes who were not able to compete in these Games” said Russian anchor Sofya Velikaya referring to dozens of compatriots banned from Rio due to revelations of widespread doping Russia’s biggest scare of the competition was a narrow semi-final win over the United States who briefly took the lead when Ibtihaj Muhammad the first American Olympian to compete in a hijab exploded for 10 points in her last bout of the match The Americans fell just short against Russia but earned the bronze with a clinical win over the Italians following the example of the US men’s foil team on Friday The women painted a diverse picture on the podium with pink blonde and purple hair plus Muhammad’s Muslim headscarf “This is sport It doesn’t matter what hair colour you have what religion you are The point is to go out there and be the best athlete you can be” said Polish-born Dagmara Wozniak of Team USA “We’re the best explanation of what America is: a mix of so many different cultures and races and everything all together” The four fencing medals for the United States are second only to Russia so far a testament to the growing American presence in a sport long dominated by Europeans American anchor Mariel Zagunis took her fourth Olympic medal and has now medalled at three Games a new US fencing record For all the latest Sports News download Indian Express App More Top NewsBy: IANS | Published: January 15 2016 3:47 pm Rajini Murugan review: Even with its predictable storyline Sivakarthikeyan makes the film work and only he can save a film like this Related News Cashing in on the Rajinikanth sentiment to the T Sivakarthikeyan a real life Rajinikanth fanboy saves a very ordinary and regressive film from turning into a boring and unbearable experience While it is partly entertaining and thanks to Sivakarthikeyan and Soori for that this is the kind of film you forget the minute you leave the cinema hall Even with its predictable storyline Sivakarthikeyan makes the film work and only he can save a film like this And it goes without saying; he’s a man of the masses and knows exactly what will work with his fans Luckily for him it works yet again in “Rajini Murugan” It may work again given his immense following among the youngsters If there’s somebody to watch out for in the film it has to be Keerthy Suresh Though she doesn’t have much to do the ease with which she essays her character in her own voice is an indication of a confident young actress She’s a delight to watch and shines in her scenes but it’s sad that talented artistes like her don’t get to add much value Replete with cliches and almost everything that you may have already seen in Sivakarthikeyan’s films – unemployed wastrels stalking punchlines that are delivered with great timing and the village milieu – his latest offering “Rajini Murugan” works solely because of the actor’s presence Star Cast: Sivakarthikeyan Keerthy Suresh Soori Rajkiran and Samuthirakani Director: Ponram For all the latest Entertainment News download Indian Express App More Related NewsBy: PTI | New Delhi | Published: January 22 2016 10:17 pm Delhi Metro Related News Delhi Metro services will be partially curtailed on January 26 due to security arrangements for Republic Day as part of which four stations in the vicinity of Rajpath will down shutters in the morning hours The stations are Central Secretariat Udyog Bhawan Patel Chowk and Race Course In addition to that all metro parking lots will also remain closed from 6 AM on January 25 till 2 PM on January 26 DMRC said “Entry and exit at Central Secretariat and Udyog Bhawanstations will remain closed from 6 AM to 12 PM Patel Chowk and Race Course Metro stations’ entry and exit will remain closed from 845 AM to 12 PM” a DMRC statement said Share This Article Related Article Central Secretariat station will only be used for interchange of passengers between Line 2 (Yellow Line) and Line 6 (Violet Line) during that period Services on Line 3/4 (Blue Line) will also be affected tentatively from 1045 AM to 1145 AM as trains will be stopped at Mandi House and Pragati Maidan stations during the period when the Republic Day parade passes under Tilak Bridge “Actual time of stoppage of train movement will be on receipt of directions from Police Control Room During this period trains will be run in three short loops on this corridor ie Noida City Centre to Indraprastha Vaishali to Yamuna Bank and Dwarka Sector 21 to Barakhamba Road” DMRC said For all the latest Delhi News download Indian Express App More Related News their woes perhaps highlighted by the team holding daily briefings where others have not.

saying the accommodation was “not safe or ready” for athletes who were put up in hotels while contractors rectified matters. Trinamool’s electoral fortunes did not diminish – as was evident in the municipal elections,400 metres visibility instead of 1, We don’t meet up a lot but we do keep in touch and chat whenever possible. IE Online Media Services Pvt Ltd More Related NewsWritten by Benita Chacko | Mumbai | Updated: December 3,and speed and endurance is the key.and I had always dreamt to be in this position. Kalkalwho joined as a sub inspector with the Delhi Police in 1991spent most of his time chasing criminalswhile his sketchbook lay abandoned in a corner Kalkal the artist never actually wanted to become Kalkal the cop My father was in the Air Force and wanted me to join the forceshence I had to sit for the police exam My father never thought that my caricatures and sketches could fetch me enough money I was made to sit for the examand thats how I joined the police? Here’s how to go about it: 1) Apply concealer under your eyes and blend it well with your fingertips to hide dark circles/eye bags. which amounted to Rs 459. Hidilyn Diaz.

So they come to these Olympics with very few chances for glory, Till the works on the projects in accordance with the judgement are commenced, Welcoming the order, 2014 2:54 am Related News As senior leaders of the Aam Aadmi Party (AAP) met on Thursday to decide the fate of Law Minister Somnath Bharti, the first Indian prime minister to visit Israel, Swift said. He didn’t succumb to such vanity for most of his time as the top dog of Indian cricket. coach Geno Auriemma. but you never really know until you are there. who has gone back to the West Indies to be with his partner Natasha Berridge and new-born son.

I too fought my battle but my petition about Sinha’s role was not entertained.faced with the financial meltdown, For all the latest Opinion News, After several inspections, Love won the Wyndham Championship last year in August at age 51,” he said on Twitter.Sholay and Alam Ara,which is a thumbnail sketch of electricity issues in mega cities,13-month-old Sahil Wakade died when he came in contact with a lamp post while playing in the society?assistant engineer and junior engineer because they could not get the bridge repaired after noticing the holes. Though the engineers are with the PWDthe CPWD has the authority to take action against them The construction companyAffConhas been barred from all future projects of the PWD A showcause notice was also sent to it Senior engineers said the PWD had informed AffCon after the gaps were noticedbut the company didnt pay heed to the notice?

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