Wednesday morning news brief, April 11, 2017

Tuesday morning brief Apr 11 2017
Good morning!
Here’s everything you need to know to start your day…
India thinks Pakistan lacked evidence to try Indian national Kulbhushan Jadhav, sentenced to death for alleged spying, in a civilian court.
The adviser to Pakistani PM had even told a Senate chamber last December that the dossier against Jadhav contained “mere statements” and no conclusive evidence. Also, the German ambassador to Pakistan said that Jadhav was caught by the Taliban in Iran and sold to Pakistani intelligence. Read
Watch Dictator on Amazon Prime Video

Recommended by Colombia
E-commerce firm Flipkart has raised $1.4 billion led by China’s Tencent, with participation from Microsoft and eBay. This marks the largest capital infusion for any privately-held Indian internet venture and takes company’s valuation to $11.6 billion. The latest financing round for Flipkart comes amid talks of the e-tailer’s likely acquisition of its domestic rival, the Softbank-backed Snapdeal.
Sixteen opposition parties on Monday petitioned the Election Commission demanding use of ballot papers for future polls. The opposition bloc alleged tampering of EVMs in recent state polls to benefit the BJP. They said most countries in North America and Europe, which had introduced EVMs, had reverted to ballot papers. The parties will take the memorandum to President Pranab Mukherjee today.
TDSPro to manage your TDS quarterly returns
An extremely user-friendly software that guides user for correct percentage of tax deduction.

Recommended by Colombia
I-T officials are likely to summon six TN ministers and an MP in connection with the RK Nagar voters bribing allegations. Their names allegedly figure on documents seized from health minister C Vijayabaskar’s residence on Friday as recipients of money for bribing voters. Vijayabaskar, actor Sarathkumar and former AIADMK MP C Rajendran have already been questioned by I-T officials.
House rent paid to a close relative no longer guarantees tax relief under HRA, unless backed by documentary evidence. It is advisable to enter into a leave and licence agreement and make payments via banking channels, as any suspicious claim might invite scruitny or rejection. Further, the same address should be used by the taxpayer for bank account, investments, Aadhaar and PAN to avoid trouble.
Copyright @ 2017 Bennett, Coleman & Co. Ltd.

Leave a Reply