Current Affair 28th October, 2015

Centre backs publishing CMs' photos in govt. advertisements

Noting that people have the right to know about government welfare work in a participative democracy, the Centre on 27th October sought a review of the Supreme Court judgment banning the publication of photographs of political leaders and Chief Ministers in government-issued advertisements.


Attorney-General Mukul Rohatgi submitted before a Bench led by Justice Ranjan Gogoi that it was contrary to the federal structure of governance envisioned in the Constitution to prohibit the publication of the pictures of Chief Ministers and Governors. Advocate Prashant Bhushan, appearing for NGO CPIL, urged the Supreme Court to review its May 13, 2015 verdict allowing the Prime Minister to have his photograph published in government advertisements.

Income Tax Dept sets up panel to simplify tax law and launched pilot project e-sahyog

The Income Tax Department on Tuesday announced that it has set up a committee in order to simplify the provisions of the Income Tax Act, 1961. The committee will be chaired by Justice R.V. Easwar, a former Judge of the Delhi High Court and former President, Income Tax Appellate Tribunal.
The committee’s objective is to study and identify the provisions or phrases in the Act that are leading to litigation due to different interpretations, that are impacting the ease of doing business, and those that can be simplified.


The committee is also tasked with suggesting alternatives to these provisions or phrases “to bring about predictability and certainty in tax laws without substantial impact on the tax base and revenue collection”, the Central Board of Direct Taxes said in a release.
Members of the committee include accountants, advocates, and current and former bureaucrats from the Indian Revenue Service.


e-sahyog
In a separate bid to simply tax issues, Finance Minister Arun Jaitley on 27th October launched a pilot project of 'e-sahyog', an initiative by the Income Tax Department to provide an online portal to help taxpayers resolve any mismatches in their returns without having to visit the Income Tax Department offices.

MakeMyTrip goes 'Flipkart way', holds app-only sale

After e-commerce marketplace Flipkart, online travel firm MakeMyTrip has now announced an app-only sale starting on 27th October to cash in on the upcoming holiday season.
MakeMyTrip expects to see a fivefold surge in traffic during the offer period, which will close on November 2. The company will offer cash-backs and discounts on flight and hotel bookings during the sale.

 

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