Wednesday, 27 February 2019

TAXATION UPDATES 27.02.2019





COURT QUESTIONS CENTRE ON GIVING RETROSPECTIVE EFFECT TO BLACK MONEY LAW

The Delhi High Court Tuesday asked the Centre as to how it gave retrospective effect - from July 2015 - to the black money law which was enacted in April 2016 to deal with undisclosed foreign income and assets. The petition has been filed by Gautam Khaitan, a lawyer who has contended that action was being taken against him under the Act for assets which ceased to exist before the law came into force. Khaitan is one of the accused in the Rs 3,600 crore AgustaWestland VVIP chopper scam. In the petition, filed through advocate Pramod Kumar Dubey, Khaitan has also challenged the I-T department's January 22 order granting sanction to lodge a criminal complaint against him under section 51 of the Act which provides for jail term between 3 to 10 years if found guilty of wilfully attempting to evade tax. His lawyers urged the bench to stay the sanction order, but the court declined to grant the relief saying it was not going to interfere in the matter at this stage and listed the matter for further hearing on April 10. During the hearing, Kapur and Luthra contended that before issue of show cause notice and grant of sanction, tax assessment has to be carried out for the years in question which has not been done in the instant case as the assessment year was 2019-20. However, the tax department opposed the contention saying that when there was an undisclosed foreign asset, there was no need to wait for completion of the assessment.
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MAXIMIZING REVENUE COLLECTION WITHOUT HARASSMENT IS IMMEDIATE PRIORITY-CBDT CHAIRMAN

New appointed CBDT Chairman Shri P. C. Mody in his maiden message as chairman, CBDT has marked the maximizing Revenue collection as immediate priority For accelerating the Revenue he has stressed on the need to widen and deepen the tax base ensuring simultaneously, the optimum utilization of physical as well as human resources. However he has clearly stated that in achieving the priority of maximisation of Revenue, must not be done by harassment or high handedness on the part of officers or officials. But the conduct of the Department must be impeccable, friendly, yet objective-without fear or favour- as we move towards becoming a non-adversarial regime. Apart from the maximization of Revenue, the CBDT Chairman has listed timely delivery of quality Tax Payer Services as another prime area of focus. He has stated that continuous and concerted efforts must be made to address and redress all public grievances within the prescribed time- limit. Systemic reforms shall continue to be undertaken, especially to redress grievances of smaller taxpayers, such as: Increased automation of processes, e-filing, centralized processing of tax returns, and other bulk operations. Focus shall also be on expediting Dispute Resolution, Tax Payer Education and Litigation Management. He has stated that the Board shall also make all efforts for ensuring timely provision of service needs of its officials, with an aim to improve their efficiency, output, and morale. Best efforts shall be dome to harmonize the organizational goals with the needs of every employee, so that they are able to rise to the challenges of effective tax-administration with increased exposure and up-gradation. He has expressed hope to meet the aspirations of not only the public and taxpayers but also employees and to continue to strive towards greater transparency, accountability and improved voluntary compliance as a Digital Administration being rolled out
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PATANJALI DISTRIBUTORS COME UNDER ANTI-PROFITEERING LENS

After penalising Patanjali for not passing on tax cuts to customers the National Anti-profiteering Authority (NAA) has begun investigating the consumer goods company’s distributors to check if they pocketed the difference, said people with knowledge of the matter. The NAA has issued notices to about 10 of Patanjali’s biggest distributors over the past month for not reducing prices in line with cuts in goods and services tax (GST), they said. Patanjali has already been asked to pay Rs 150 crore by the NAA. Investigations in the matter are ongoing and it is learnt that the company may appeal against the decision.
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CBDT AUTHORISES PRCCIT TO ASSIGN ADDITIONAL CHARGE OF VACANT POST OF CIT-APPEALS

CBDT, in order to ensure speedy disposal of pending cases has authorised the Principal Chief Commissioners of Income Tax (CCA) to assign additional charge of the vacant post of CIT(Appeal) under its jurisdiction. The PrCCIT can assign such additional duties to the Commissioners of Income Tax (CITs) posted in his/her region for a period not exceeding three months. It has been clarified that on posting as CIT(Appeal) as per additional assignment, no additional remuneration shall be admissible to the respective officer.
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INDIA'S BLACK MONEY ECONOMY ESTIMATED AT 79% OF GDP DURING 2009-11

The size of the country's black economy has been estimated at 71-79% of the Gross Domestic Product (GDP) during 2009-2011, the studies commissioned by the union government show. Black incomes were generated in different ways. Tax evasion resulted in generation of 65% of the black income in the country while non-tax corruption methods accounted for 20% of the unaccounted income, reveals one of the three top-secret study reports on black money prepared by three think tanks. In 2011, the finance ministry had asked National Institute of Public Finance and Policy (NIPFP), National Council of Applied Economic Research (NCAER) and National Institute of Financial Management (NIFM) to estimate the amount of black money in the country and outside. The reports were submitted to the Parliamentary Standing Committee on Finance by the government in 2017. As per the study done by the premier public policy institute NIPFP, the unaccounted income during 2009-2010 was estimated to be at 72% of the GDP. Another study on unaccounted income as a percentage of GDP done by NCAER shows that the level of black money in the economy was in the range of 71% to 79% of the GDP during 2010-2011. The third study by NIFM, however, puts the black economy estimate at a distant 10% of GDP. The tax-related unaccounted income during 2010-2011 was estimated at 65.34% while non-tax corruption related black income was at 19.57%, as per NCAER. Of the total unaccounted money or black wealth, an estimated Rs 9.4-22 lakh crore ($216-498 billion) or 2.8-10% of the black money was stashed abroad during 1980-2010. NCAER has estimated the unaccounted wealth (stock) at 2.8% of the total unaccounted wealth at around Rs 22 lakh crore ($384-490 billion) during 1980-2010. Black wealth outside the country was 0.2-7.4% of the GDP during 1997-2009, the NIPFP said in its report which didn't estimate the amount. Pointing out that less than 1% of the black wealth is in cash, Kumar said, As much as 30-40% of the outflows come back to India through round-tripping. What is available in liquid form is not very large, he said.
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MONTHLY ACCOUNT OF THE GOVERNMENT OF INDIA UPTO THE MONTH OF JANUARY 2019

The Monthly Account of the Union Government of India upto the month of January 2019 has been consolidated and reports published. The highlights are given below:-

The Government of India has received Rs. 12,30,737 crore (67.52% of corresponding RE 18-19 of Total Receipts) upto January 2019 comprising Rs. 10,19,288 crore Tax Revenue (Net to Centre), Rs. 1,62,126 crore of Non Tax Revenue and Rs.49,323 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs. 13,717 crore) and Disinvestment of PSUs (Rs. 35,606 crore). Rs. 5,41,738 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is Rs. 60,261 crore higher than the corresponding period of last year 2017-18. Total Expenditure incurred by Government of India is Rs. 20, 01,582 crore (81.46% of corresponding RE 18-19), out of which Rs. 17, 71,851 crore is on Revenue Account and Rs. 2,29,731 crore is on Capital Account. Out of the Total Revenue Expenditure, Rs. 4,63,325 crore is on account of Interest Payments and Rs.2, 59,900 crore is on account of Major Subsidies.
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TRIPURA GOVT PRESENTS TAX-FREE AND ZERO-DEFICIT BUDGET

The Tripura government presented a tax -free and zero-deficit budget of Rs 17,530.46 crore for the fiscal year 2019-20 along with several new schemes. While tabling the budget, the state government announced a hike in social pensions and other schemes, including, subsidised sugar and formation of more self-help groups in the budget 2019-20. Jishnu Dev Varma, said as many as 2,110 self-help groups will be formed and livelihood opportunities will be created for 52,030 families. Under the Mini Dairy scheme of NABARD, 10,000 cows (2 cows per family) to women members of 5,000 families will be provided to give a boost to milk production in the state, for which the Tripura government shall provide 100 per cent interest subvention.
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DELHI GOVT TARGETS COLLECTION OF RS 29000 CRORE AS GST IN 2019-20

The Delhi government which presented its annual budget for 2019-20 on Tuesday, announced a target of collecting Rs 29,000 crore as Goods and Services Tax (GST). Keeping in view the growth in Delhi's economy, the target of GST collection in the budget estimates for the year 2019-20 is Rs 29,000 crore with estimated growth of 9.44 percent over the revised estimate of Rs 26,500 crore in 2018-19, Sisodia said. The net GST revenue collected for the year 2018-19 (upto January 31, 2019) was Rs 20,766.77 crore and an amount of Rs 3,140 crore has been received as a GST compensation upto January, 2019, he said. A total 1,14,282 new GST registrations were done from April 1, 2018 till December, 2018, he said adding over two lakh new registration were recorded during 2017-18, he said.
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GST EVASION WORTH RS 650 CRORE UNEARTHED IN MAHARASHTRA

The Raigad wing of the Central GST and Central Excise Commissionerate reportedly unearthed Rs 650 crore tax evasion by using fake invoices showing the supply of goods and GST payment of about Rs 110 crore. In connection with this, one Mr. Anand Mangal was arrested and sent to judicial custody until March 8 by a local court in Panvel, while another accused, Rakesh H Garg, is absconding. The tax department has recovered Rs 17 crores of cash during the search. The duo has been booked under Section 132 of the CGST Act.
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MAKEMYTRIP GETS RS 73.9 CRORE TAX REFUND

Online travel firm MakeMyTrip has received a tax refund of Rs 73.9 crore an amount it had deposited with DCGEI under protest pursuant to a probe into service tax matters, according to a regulatory filing. In the filing to the United States Security Exchange Commission, the NASDAQ-listed company said that after the Supreme Court upheld the decision of the Delhi high court directing the Directorate General of Central Excise Intelligence (DCGEI) to refund the tax amounts due to the company, DCGEI has refunded the amount to MMT India and ibibo India. During the year ended March 31, 2016, MakeMyTrip (India) Pvt Ltd and ibibo Group Pvt Ltd had deposited a total amount of Rs 73.9 crore as tax under protest pursuant to an ongoing investigation by the DGCEI that began during that fiscal year for matters related to service tax on hotel bookings facilitated by MMT India and ibibo India during certain previous periods, the filing said. The high court thereafter directed the DGCEI to refund these tax amounts, while allowing the body to continue with the adjudication proceedings, it added. The Delhi High Court's order was further upheld by the Supreme Court of India in the appellate proceedings initiated by the DGCEI, and consequently the DGCEI processed a full refund of the aforementioned tax amount and the funds have been received by MMT India and ibibo India as on February 25, 2019, the filing said.
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SC AGREES TO HEAR REVIEW PLEAS AGAINST RAFALE VERDICT IN OPEN COURT

The Supreme Court Tuesday allowed open court hearings on pleas seeking review of its December 14, 2018 verdict on Rafale deal case. A bench of Chief Justice of India Ranjan Gogoi and Justices S K Kaul and K M Joseph took up the request of petitioners to hear the two review petitions, which challenge the December 14 judgment, in which the apex court had dismissed pleas questioning the deal to procure 36 Rafale fighter jets. The prayer for open court hearing is allowed the bench said.
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OPPOSITION GANGING UP AS THEY CAN’T LOOT TAXPAYERS’ MONEY ANYMORE, SAYS PM NARENDRA MODI

Hitting out at the Opposition, Prime Minister Narendra Modi on Monday said nearly 8 crore fake beneficiaries were getting the government aid during earlier regimes and opposition leaders have now gathered to abuse him as he has stopped their means of looting taxpayers’ money. Citing schemes like Jan Dhan Yojana and Aadhaar linking, Modi said that these efforts made since his government came to power in 2014 has led to more than Rs 1,10,000 crore of exchequer’s funds being saved from going to such fake beneficiaries. The prime minister said if one wants to indulge in scams now, they cannot do so as he has blocked all means of looting public money. In past, there were nearly 8 crore fake beneficiaries who were getting govt monetary aid. Our government stopped it. Leaders of opposition parties have gathered to abuse me as I have stopped means of pocketing taxpayer’s money, Modi said. Referring to the opposition’s criticism on the jobs issue, Modi said nearly 1.2 crore jobs have been created annually going by figures from different sectors such as tourism, aviation and infra.
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INDIA DELAYS LEVYING RETALIATORY TARIFF ON U.S. GOODS TO APRIL 1

India has once again delayed implementation of higher tariffs on some goods imported from the United States to April 1, according to a government order issued on Tuesday. The new tariff structure was to come into force from March 2. Angered by Washington's refusal to exempt it from new steel and aluminium tariffs, New Delhi decided in June to raise the import tax from Aug. 4 on some U.S. products including almonds, walnuts and apples.
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AGUSTAWESTLAND CASE: DELHI COURT ISSUES PRODUCTION WARRANT AGAINST GAUTAM KHAITAN

A Delhi court on Tuesday issued a production warrant against lawyer Gautam Khaitan, who is an accused in the Rs 3,600-crore AgustaWestland VVIP chopper case. Special Judge Arvind Kuma issued his production warrant and posted the matter for hearing on May 9. Gautam Khaitan had been arrested by the Enforcement Directorate (ED) and the CBI (Central Bureau of Investigation) a few years ago in connection with their probe but was granted bail in the case.
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NO GENUINE NAME TO BE LEFT OUT OF NATIONAL REGISTER OF CITIZENS: RAHUL GANDHI

Rahul Gandhi said it will ensure that no genuine Indian name is left out of National Register of Citizens (NRC). He said due to opposition from congress party Citizenship Amendment bill was not tabled in Rajya Sabha. Rahul said, BJP and RSS are attacking the culture, history and ways of life of Northeast India. Rahul said, See today Arunachal Pradesh is burning. There is trouble in Assam, Meghalaya and Manipur. Stating that Congress will return the special category state status of Northeast India if voted to power, Rahul said, The BJP took away the special category status.
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70 TRUCKS CARRYING TOMATOES AND POTATOES ACROSS LINE OF CONTROL AS TRADE CONTINUES

Amid escalation of tensions between India and Pakistan, trade across the Line of Control continued on Tuesday, as 70 trucks crossed Line of Control from both sides of northern Kashmir with high level security arrangements. The cross LoC trade is scheduled for four days a week from Tuesday to Friday, while as travel is scheduled once every week. 35 trucks carrying tomatoes, embroidery and grapes crossed the Kaman Post from Uri to the other side and 35 trucks came from the other side, a senior government official in Uri told. Trade was temporarily halted in Poonch for two days last week due to curfew in Jammu district because of which transport was not plying. Cross-LoC barter trade has had a rickety journey since its inception in 2008, but it is still considered to be the biggest confidence-building measure (CBM) between India and Pakistan. However, it is often suspended in wake of political strain between the two countries. Also, these traders have been frequently targeted by the investigating agencies like NIA for their alleged involvement in narcotics and illegal money exchange, which has not allowed the trade to flourish. Besides the major trade lobbies in both sides of Punjab have frequently opposed the trade.
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GST CUT TO BOOST SALES OF UNDER-CONSTRUCTION FLATS; NO ITC MAY HIT BUILDERS' PROFIT MARGIN: MOODY'S

Credit rating agency Moody's Wednesday said the GST rate cut on under-construction flats will boost housing sales but may hit profit margins of builders with withdrawal of input tax credit. The GST Council had on Sunday decided to cut goods and services tax (GST) rate on affordable homes to 1 per cent without input tax credit (ITC) from earlier 8 per cent with ITC. The GST on under-construction flats, which is not under the affordable housing segment, has been reduced to 5 per cent without ITC from earlier 12 per cent with ITC. The reduction in GST is credit positive for India's property developers because the reduction in tax will boost demand and increase sales of properties under construction, Moody's Investors Service said. The new GST measures eliminate the ability to claim input tax credit which may hit the profitability of the developers, the rating agency said.
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ROBERT VADRA APPEARS BEFORE ED FOR QUESTIONING IN MONEY LAUNDERING CASE

Robert Vadra, the brother-in-law of Congress President Rahul Gandhi, on Wednesday appeared before the Enforcement Directorate (ED) for questioning for the seventh time in connection with its probe into a money laundering case. ED officials said that Vadra arrived at the agency's Jamnagar office in central Delhi at 10.40 a.m. The ED has questioned Vadra, for over 42 hours in connection with the case on February 6,7,9 20, 22 and 26.
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NO FRESH INCIDENTS OF VIOLENCE AGAINST KASHMIRIS SINCE FEBRUARY 22, CENTRE TO SC

The Supreme Court Wednesday took note of the Centre's submissions that no fresh incident of violence against Kashmiris has been reported since February 22, the day when the apex court had taken cognisance of a PIL on the issue. The apex court on February 22 directed chief secretaries and DGPs of 11 states to take prompt and necessary action to prevent incidents of alleged threat, social boycott and violence against Kashmiris following the Pulwama terror attack. The bench said no further orders were required at this stage in view of the Centre's submissions and posted the PIL filed by lawyer Tariq Adeeb for further hearing after two weeks.
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RAJNATH SINGH HOLDS HIGH-LEVEL MEETING ON SECURITY

Union Home Minister Rajnath Singh on Wednesday chaired a high-level meeting to discuss internal security a day after the Indian Air Force (IAF) bombed the Jaish-e-Mohammed (JeM) terror outfit's biggest training camp in Pakistan. The issues discussed in the meeting included the current situation in Jammu and Kashmir, intelligence inputs after Tuesday's air strikes and further strategy, said sources.
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CHOPPER CRASH: SRINAGAR, JAMMU, LEH AIRPORTS CLOSED FOR CIVILIAN FLIGHTS

Jammu and Leh airports were among five airports closed on Wednesday for civilian air traffic shortly after an IAF jet crashed in Kashmir's Budgam district, officials said. The move to close the five airports comes amid escalation of tension between India and Pakistan after IAF carried out strikes on terror bases in Pakistan. Airports at Chandigarh and Amritsar were among those closed, according to airline officials. In Srinagar, an official of the Airports Authority of India told PTI, The civilian air traffic has been suspended temporarily in view of the emergency.
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PAKISTAN SAYS ITS JETS CROSSED LOC TO UNDERTAKE STRIKES IN INDIA

Pakistan on Wednesday said that its jets crossed the Line of Control to undertake strikes in India for self defence. Indian officials said Pakistani fighter jets on Wednesday violated Indian air space in Jammu and Kashmir's Poonch and Nowshera sectors but were pushed back by Indian aircraft. Pakistan Foreign Office said in a statement said, Pakistan Air Force undertook strikes across Line of Control from within Pakistani airspace. This was not a retaliation to continued Indian belligerence, Pakistan has therefore, taken strikes at non military target, avoiding human loss and collateral damage. Sole purpose being to demonstrate our right, will and capability for self defence. We have no intention of escalation, but are fully prepared to do so if forced into that paradigm. If India is striking at so called terrorist backers without a shred of evidence, we also retain reciprocal rights to retaliate against elements that enjoy Indian patronage while carrying out acts of terror in Pakistan. We do not wish to go to that route and wish that India gives peace a chance and to resolve issues like a mature democratic nation, it said.
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DELHI, MUMBAI & 5 OTHER CITIES PUT ON 'HIGHEST ALERT'

Anticipating a Pakistani retaliation to the Balakot bombing, Delhi, Mumbai and five other cities have been put on highest alert for the next 72 hours a period being termed 'crucial'. However, the threat perception isn't as much from Pakistan army directly as it is from terror modules active in the Valley and elsewhere backed by ISI, sources said. At least three of these cities are in Punjab, Rajasthan and Gujarat, a source said. Nuclear installations, airbases, naval commands, Army camps and cantonment areas across north and west India have been brought under heavy security cover. The inputs are being verbally conveyed to the anti-terror units in these towns and cities and no written alert has been issued given their sensitivity, a top intelligence officer told. Five districts of Punjab - Gurdaspur, Tarn Taran, Amritsar, Ferozepur, and Fazilka - share a 553 km-long border with Pakistan. DCs and SSPs have been directed to put in place contingency plans to ensure protection of citizens, while no evacuation of residents of the border areas was deemed necessary, for now. Rajasthan, which shares a 1,048 km-long border with Pakistan, has prohibited all movement of civilians within a 5km radius from the international border between 6pm and 7am till the first week of April.
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INDIA'S DEFENCE MINISTRY SAYS NO INFORMATION ABOUT AIR VIOLATIONS INTO PAKISTAN

The Defence Ministry said on Tuesday that it had no information about Pakistani allegations that an Indian aircraft violated Pakistani airspace. I have no information, said a defence spokesman.
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BCCI RAISES SECURITY CONCERN, ICC ASSURES ALL ISSUES WILL BE ADDRESSED

The International Cricket Council (ICC) Wednesday assured the BCCI that it will do everything to address India's security concerns during the upcoming World Cup the wake of the Pulwama terror attack. At the start of the ICC's Chief Executives Committee (CEC) meeting, BCCI CEO Rahul Johri expressed India's concerns about the security of its players in the mega event which is scheduled to start May 30. On behalf of the BCCI, Rahul Johri raised concerns for the safety and security of the Indian team, match officials and the Indian Fans, at the CEC Meeting, a senior BCCI official, privy to the development, told PTI. It is learnt that Johri told the CEC that the BCCI believes in the security being planned by the ICC and the England Cricket Board. However, at this point, the BCCI has taken no stand on boycotting the game as there remains a possibility that both teams may end up meeting in the knockouts as well.
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AIR STRIKE TO AVENGE PULWAMA IS APPROPRIATE, BUT DO NOT RULE OUT ESCALATION

Out of all the options available to India to respond to the Pulwama outrage it currently appears that it chose the most appropriate one. The word ‘currently’ is important here because in hybrid conflict situations oneoff acts do not bring an end to conflict. In fact, many times they exacerbate a situation. The common understanding in the armed forces is that we can resort to various options within the spectrum of response but the moment we choose to get the Indian Air Force (IAF) to cross the border or the LoC with a targeted mission the escalation climbs higher to the extent of a nearwar-like situation. The Indian government in conjunction with the armed forces has obviously done a deep risk appreciation and concluded that an air strike by a reasonably large quantum of aircraft and armed appropriately with 1000 and 500 pound bombs would meet the needs of retribution being sought for the Pulwama attack. Damage assessment is yet to confirm the physical outcome of the air strike. Pakistan is attempting to downplay the Indian action by claiming that its own air force scrambled in response to force the Indian aircraft to return without meeting the intended aim of the strike. It also claims that the munitions were dropped randomly by the Indian aircraft with limited or no effect. Pakistan’s Inter Services Public Relations (ISPR) arm has gone on an overdrive to push the information aspects in its favour.
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IAF STRIKES: PM SAYS COUNTRY IN SAFE HANDS

In his first public comments after the air strikes in Pakistan, Prime Minister Narendra Modi on Tuesday said the country is in safe hands and that he will not let the country down The Prime Minister stressed that nothing was above the nation.
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INDIA IS FULLY SAFE UNDER STRONG AND DECISIVE LEADERSHIP OF PM MODI, SAYS AMIT SHAH

India is fully safe under the decisive and strong leadership of Prime Minister Narendra Modi and a New India will not tolerate any act of terror, said Amit Shah. Credible intelligence was received that JeM was attempting another suicide terror attack in various parts of the country, and the fidayeen jihadis were being trained for this purpose. In the face of imminent danger, a preemptive strike became absolutely necessary, confirmed ministry of external affairs in a statement.
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VETO USED TO BLOCK, KILL PROPOSALS IN UNSC SANCTIONS COMMITTEE: INDIA’S VEILED ATTACK ON CHINA OVER MASOOD AZAHAR ISSUE

India said any member of the UN Security Council Sanctions Committee can use the veto to block and kill a proposal for want of unanimity describing as complex and contentious the issue of veto which has been repeatedly used by China to block India’s bid to designate Pakistan-based JeM chief Masood Azhar as a global terrorist. Participating in the informal meeting of the Plenary on the Intergovernmental negotiations on the question of equitable representation on and increase in the membership of the Security Council, India’s Permanent Representative to the UN Ambassador Syed Akbaruddin said that by a procedural stratagem, veto has been expanded to all members of subsidiary bodies of the Security Council, rather than being subject to restraints. He said in the UNSC Sanctions Committee, any member can block or object or place on hold, any request of a Member State, thereby in effect killing the proposal on grounds that unanimity is required. The use of the veto has been extended to the subsidiary bodies of the Security Council, eg, the Sanctions Committees. In these bodies, the veto has been extended to all 15 members of the Committees, Akbaruddin said here Monday. Akbaruddin said the issue of veto is complex, complicated and contentious, but then we cannot also allow the veto to have a veto over the process of Council reform itself. He said since the creation of the Security Council in 1946 till today, at least 238 vetoes were cast. As many as 59 vetoes were to block applications for membership to the UN.
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HEAVY FIRING BY PAKISTAN TROOPS ON INDIAN POSTS ALONG LOC IN J&K; ARMY RETALIATES

Pakistani troops resorted to mortar shelling at forward Indian posts along the Line of Control in Jammu and Kashmir’s Akhnoor, Nowshera and Mendhar areas on Tuesday evening. While in adjoining Rajouri district’s Nowshera sector, Pakistani troops have been resorting to mortar shelling and small arms fire for past many days, the ceasefire violation in Akhnoor sector came after nearly three months. The Indian army was retaliating at all the places, sources added. Sources said that Pakistani Rangers suddenly opened unprovoked small arms fire in Kananchak area forcing BSF to retaliate. One Ranger was killed, sources said, adding that exchange of fire was going on.
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WESTERN NAVAL COMMAND ON HIGH ALERT POST-AIR STRIKES IN PAK, SAYS OFFICIAL

In the wake of IAF's preemptive air strikes on terror camps in Pakistan, the Western Naval Command is on a high alert and fully prepared to tackle any eventualities an official said on Tuesday. The Mumbai Police are also on a high alert following the air strikes, the official said. The Western Naval Command remains alert 24X7. Now, it is fully prepared to deal with any untoward situation in the wake of the air strikes in Pakistan, he said.
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PAKISTAN BANS INDIAN FLIGHTS IN ITS AIRSPACE; ASK JET AIRWAYS FLIGHT TO RETURN

The Pakistanis have banned any Indian aircraft from using their airspace and has started returning Indian flights that were flying over their airspace. Sources said that a Jet Airways flight that was flying over the Pakistani airspace was asked to return and is returning now. A Jet Airways flight was asked to leave the Pakistani airspace but a British Airways aircraft was allowed to flyover Pakistan, said a senior official on the know of things.
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PAKISTAN TO RAISE ISSUE OF INDIA’S ‘VIOLATION’ OF LOC AT UN, OIC: REPORT

Pakistan will raise the issue of India’s violation of the Line of Control (LoC) at the United Nations and other international forums, a media said Tuesday, quoting sources. The decision was taken at a high-level meeting chaired by Prime Minister Imran Khan and attended by the top civil and military leadership, including Army chief General Qamar Jawed Bajwa, Geo TV reported. Foreign Minister Shah Mehmood Qureshi will make contact to raise the issue at international forums, sources added. During the meeting, it was also decided that a joint session will be called to take the Parliament into confidence.
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EUROPEAN UNION ASKS PAKISTAN TO TAKE 'CLEAR AND SUSTAINED ACTION' AGAINST TERRORISTS

The European Union (EU) has asked Pakistan to act on terror during a call made by Pakistani Foreign Minister Shah Mahmood Qureshi to an EU representative and German Foreign Minister Heiko Maas. EU's high representative for foreign affairs and security policy Federica Mogherini called on Pakistan to act against terrorists listed by the United Nations She highlighted the need to continue addressing terrorism with clear and sustained actions targeting not only all UN-listed transnational terrorist groups but also individuals claiming responsibility for such attacks. A release issued by EU on the call stressed the urgency to de-escalate the situation arising between nuclear-armed India and Pakistan. In a tweet, German's foreign ministry said, Pakistan resolutely needs to put a stop to cross-border terrorism.
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AMERICA SHOULD NOT GIVE AID TO PAKISTAN UNTIL IT STOPS HARBOURING TERRORISTS: NIKKI HALEY

Pakistan has a long history of harbouring terrorists and America should not give Islamabad even a dollar until it corrects its behaviour Indian-American former US envoy Nikki Haley has said as she praised the Donald Trump administration for wisely restricting financial assistance to the country. Haley, who has founded a new policy group 'Stand America Now' that will focus on how to keep the US safe, strong, and prosperous, wrote in an op-ed that when the US provides aid to nations, It is more than fair to ask what the U.S. gets in return for our generosity but instead Pakistan routinely opposed the US position at the UN on several issues.
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MUSK FACES US CONTEMPT CLAIM FOR VIOLATING ACCORD WITH SEC

Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc, raising fresh concerns about the billionaire Chief Executive Officer’s (CEO) ability to keep his impulses in check and responsibly run a public company. The United States (US) Securities and Exchange Commission (SEC) on Monday asked a judge to hold Musk in contempt for violating a settlement that required him to get Tesla approval for social media posts and other writings that could be material to investors. He breached that deal with a February 19 tweet that said Tesla would make about half a million cars in 2019, the agency claims. The CEO posted a few hours later that deliveries would only reach about 400,000. The SECs move puts Musk in fresh legal peril less than five months after he settled claims that he misled the public with tweets about taking the electric-car maker private. He could face a variety of penalties, with the stiffest being that hell be barred from running Tesla or any other public company for a period of time, said Charles Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware.
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GETTING H-1B VISAS BECOMES TOUGHER AS TRUMP IMMIGRATION CRACKDOWN WIDENS

Immigrants with specialised skills are being denied work visas or seeing applications get caught up in lengthy bureaucratic tangles under federal changes that some consider a contradiction to President Donald Trump's promise of a continued pathway to the US for the most talented foreigners. Getting what's known as an H-1B visa has never been a sure thing the number issued annually is capped at 85,000 and applicants need to enter a lottery to even be considered. But some immigration attorneys, as well as those who hire such workers, say they've seen unprecedented disruptions in the approval process since Trump took office in 2017. Link Wilson, said finding enough qualified workers within the US has been a problem for years. That's due to a shortage of architects, but also because his firm needs people with experience in developing senior housing. He said employers who turn to international applicants do so as a last resort, putting up with legal fees and ever-expanding visa approval times because they have no other choice. One order restricted companies' ability to use H-1B workers off-site at a customer's place of business, while another temporarily rescinded the option of paying for faster application processing. A growing number of applications with such requests were ultimately denied, while the approval rate among all applicants has fallen. Approvals also dipped in two other visa programs for foreign workers, including one for individuals with extraordinary abilities in areas such as science, sports and the arts.




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Thanks & Regards,
CS Meetesh Shiroya

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