Govt removes all taxes on PoS machines to push e-payments

February 1, 2017

New Delhi, Feb 1: In a move to push digital payments, the government today removed all duties on devices used in the process of cashless transactions like point of sales machines, finger print readers etc.

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Finance Minister Arun Jaitley said in his budget speech, "To promote cashless transactions, I propose to exempt BCD (basic custom duties), excise duties, CVD (countervailing duties), SAD (special additional duty) on miniaturised card readers and mPOS micro atms standards for version 1.5.1, finger print readers, scanners and iris scanners."

The minister also exempted components from taxes to encourage domestic manufacturing of these devices.

"Simultaneously, I propose to exempt parts... components for manufacturing of such device so as to encourage domestic manufacturing of these items," Jaitley said.

Elcina Electronic Industries Association of India said the exemption should be only for short-period to meet immediate needs to address shortages of such machines. In the long-term can, exemption to such machines can be detrimental for local manufacturing.

"It is a good move to encourage digital transactions. However, it should be given to meet immediate needs. Long term exemption can lead to dumping of these machines from foreign markets. It should not be extended for full fiscal year," ELCINA Secretary Rajoo Goel said.

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News Network
April 16,2024

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New Delhi:  Twenty-nine Maoists, including a senior rebel leader - Shankar Rao, who had a bounty of ₹ 25 lakh on his head - were killed by security forces during an encounter in Chhattisgarh's Kanker district on Tuesday afternoon. A huge quantity of weapons, including Ak-47 and INSAS rifles, were recovered. 

Three security personnel were injured in the gunfight, which took place in forests near the village of Binagunda after a joint team of District Reserve Guard and Border Security Force were attacked.

Two of the three injured are from the BSF. Their condition is stable but the third - from the DRG - is in critical care. All three received treatment at a local hospital and are to be shifted to a larger facility.

Sources said the fighting began at around 2 PM, when a joint DRG-BSF team was conducting an anti-Maoist operation. The DRG was set up in in 2008 to combat Maoist activities in the state, and the Border Security Force has been deployed extensively in the area to for counter-insurgency ops.

There was another encounter in the district last month, in which two people - a Maoist and a cop - were killed, and security forces recovered a gun, some explosives, and other incriminating materials.

Personnel from the DRG and Bastar Fighters, both units of the state police force, with the Border Security Force, were involved in that operation, officials told news agency PTI. The patrolling team was cordoning off a forested area when fired on indiscriminately, leading to the gun battle.

In November last year, while the state was voting in the first phase of an Assembly election, a gunfight broke out between security forces and Maoist rebels in the same district.

An Ak-47 rifle was recovered from the encounter site.

On the same day, while polling was taking place, Maoists fired at DRG personnel deployed near a polling station in Banda in Dantewada district.

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News Network
April 7,2024

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Purulia: West Bengal Chief Minister Mamata Banerjee on Sunday alleged the central investigating agencies were asking TMC leaders to either join the BJP or face action.

Addressing an election rally in Purulia district, she alleged agencies such as the ED, CBI, NIA and the I-T Department were working as 'arms' of the BJP.

"Agencies such as the NIA, ED and CBI are being used to harass TMC leaders. They are carrying out raids without prior information, and barging into houses. What the women would do if someone entered their house when everyone was asleep in the dead of night?" she asked.

Banerjee was referring to Saturday's incident in Bhupatinagar where a team of the NIA was attacked by a mob when it went to arrest two accused in a blast case.

"The agencies are asking our leaders and activists to either join the BJP or face action," she alleged.

Asking people not to fall for any provocation, Banerjee alleged the BJP was fanning communal passions during Ram Navami.

The chief minister also accused the BJP-led government at the Centre of depriving West Bengal of funds for MGNREGA and PM-Awas schemes.

She said the state government will provide Rs 1.2 lakh for building houses for the poor.

"The EC will not give permission to us to give the money now. After the elections, we will construct the houses of the poor," she said.

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April 2,2024

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New Delhi: At least 38 Vistara flights originating from key cities were cancelled this morning as the airline reeled under non-availability of pilots. As many as 15 flights taking off from Mumbai, 12 from Delhi and 11 from Bengaluru were among those cancelled.

This comes after more than 50 Vistara flights were cancelled yesterday and about 160 delayed. Passengers had yesterday complained of poor communication and hours-long wait at the airport and slammed the airline for harassing passengers.

Vistara said in a statement yesterday that they have faced a "significant number" of flight cancellations and delays in the past few days "due to various reasons including crew unavailability".

"We acknowledge and are deeply concerned about the inconvenience this has caused to our customers. Having said that, our teams are working towards minimizing the discomfort to the customers," it said.

The airline has also said that it has decided to temporarily reduce the number of flights it operates "to ensure adequate connectivity across our network".

"We have also deployed larger aircraft like our B787-9 Dreamliner and A321neo on select domestic routes to combine flights or accommodate more number of customers, wherever possible. Furthermore, we are offering alternate flight options or refunds to affected customers, as applicable. Once again, we understand that these disruptions have caused immense discomfort to our customers, and sincerely apologise to them for the same. We are working towards stabilizing the situation and will resume operating our regular capacity very soon," the statement added.

Vistara pilots, it is learnt, are calling in sick as they protest the revised salary structure ahead of the airline's merger with Air India. The pilots have been sent the revised pay structure over mail and asked to sign on short notice. The pilots have been warned that those who don't sign will be left out of the merger.

Their flights cancelled or delayed by hours, fliers have taken to social media to express their grievances. The airline has been reiterating that the delays have been caused by operational issues and that it is working on them.

The Ministry of Civil Aviation has sought a detailed report from Vistara regarding flight cancellations and major delays, a senior official has told news agency ANI.

Passengers are advised to check flight status with the airline before leaving for the airport to avoid long wait and inconvenience.

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