JAIPUR l SUNDAY, OCTOBER 25, 2020 l Pages 12 l 3.00
RNI NO. RAJENG/2019/77764 l Vol 2 l Issue No. 140
MAHA AASTAMI FERVOUR A woman devotee plays a conch shell at a community pandal during the ongoing Durga Puja festival, in Gurugram. (Inset) Trinamool Congress MP Nusrat Jahan (2nd from right) along with other women takes part in Maha Aastami celebrations at a community Durga Puja pandal, in Kolkata on Saturday.
NO INTEREST ON INTEREST
FOR LOANS UP TO `2 CR
DURING MORATORIUM New Delhi: The ministry of finance has approved a scheme to provide relief in interest compounding to borrowers for the six-month loan moratorium period extended in view of the Covid-19 pandemic. This will come in form of the grant of exgratia payment of the difference between compound interest and simple interest for six months period from March 1 to August 31. “The undersigned is directed to convey that in view of the unprecedented and extreme Covid-19 situation, the Central government has approved “Scheme for grant of ex-gratia payment of the difference between compound interest and simple interest for six months to borrowers in specified loan amounts Turn to P6
Income Tax Return Deadline Extended Till December 31
FOLLOWING APEX COURT DIRECTIVES This comes after the Supreme Court directed the Cente to implement the interest waiver as soon as possible. The relief will be extended through financial institutions like banks, non-banking financial companies (NBFCs), NCFC - Micro Finance Institutions, National Banks for Agriculture and Rural Development, housing finance companies, National Housing Banks, etc.
BURDEN ON GOVERNMENT: According to experts, the cash outgo from the government under the cash back scheme is likely to be between Rs 5,000-7,000 crore as all the borrowers may not be eligible for the scheme. The government has not given any deadline on paying up the cash-back to the banks which will have to give the ex gratia to the borrowers in advance before submitting it to the government.
HOW WILL PROPOSED CASH BACK WORK The rate of interest would be as prevailing on February 29, 2020, in case the rate of interest has changed thereafter, it shall not be reckoned for the purposes of this computation. They payable ex-gratia amount shall have to be credited to the account of the borrower by the respective lending institutions as ex-gratia payment under the scheme.
Raj Vidhan Sabha session from Oct 31, govt to bring Bill to counter farm laws Jaipur: Rajasthan Vidhan Sabha will be reconvened on 31 October. Speaker Dr CP Joshi has reconvened the meeting of the legislative assembly on the recommendation of the state government. It is noteworthy that the 5th session of the 15th Vidhan Sabha
was suspended indefinitely on August 24, 2020. The meeting of the Business Advisory Committee will take place on October 30 and the govt will t a b l e Agricul-
tural Amendment Bill a day after on October 31. The bill could be passed in the Vidhan Sabha on November 2. The government, through these amendment bills, aims to counter the Agricultural laws executed by the Centre. Turn to P6
RAJ ZILA PARISHAD, PANCHAYAT SAMITI POLLS FROM NOV 23 Jaipur: Voting for Zila Parishad and Panchayat Samiti elections will be held in 21 districts of Rajasthan in four phases from November 23 to December 5, the State Election Commission announced on Saturday. The elections will be held in Ajmer, Churu, Nagaur, Banswara, Dungarpur, Pali, Barmer, Hanumangarh, Pratapgarh, Bhilwara, Jaisalmer, Rajsamand, Bikaner, Jalore, Sikar, Bundi, Jhalawar, Tonk, Chittorgarh, Jhunjhunu and Udaipur. Full Report on P2
New Delhi: Proving relief to taxpayers, the Income Tax Department on Saturday extended the deadline for individual assessees to file their returns for financial year 2019-20 (assessment year 2020-21) by a month, in a relief to taxpayers on account of COVID-19. Taxpayers now have until December 31 to file their return of income earned between April 1, 2019 and March 31, 2020, instead of November 30. For individuals required to get their accounts audited, a new deadline of January 31 is applicable, instead of December 31.
J&K coalition to be led by Farooq With Mehbooba as vice president, the bloc will use old flag of state Srinagar: The flag of the erstwhile state of Jammu and Kashmir’s will be used by the coalition of all major regional parties which aim to have its status and powers restored, the bloc announced on Saturday. The group will be led by former Chief Minister Farooq Abdullah and rival Mehbooba Mufti will be his deputy. The “People’s Alliance” is an unprecedented grouping of parties which signed last year’s Gupkar Declaration just before the centre struck down Jammu and Kashmir’s decadesold special powers listed in Article 370 of the constitution and split it into two union territories. The leaders, who buried years of bitter rivalry to ally, met at the residence of People’s Democratic Party chief Mehbooba Mufti for the first time after its formation on Saturday. National Conference leader Abdullah, 83, was unanimously
Farooq Abdullah with Kashmiri Pandits at Durga Nag Temple, in Srinagar on Saturday.
named chairman of the group while Mufti will be its vice-chairman. Left leader Mohammad Yousuf Tarigami is the convenor of the alliance, while Sajad Lone of the People’s Conference has been named as the spokesperson. “I want to tell you that it is false propaganda by the BJP that the PAGD (People’s Alliance for Gupkar Declaration) is anti-national. I want to tell them that this is not true. There is no doubt that it is antiBJP but it is not antinational,” Abdullah told reporters after the meeting. Turn to P6
ABP-CVoter Bihar opinion poll gives definite majority to Nitish-led NDA New Delhi: The ABP New-Cvoter Opinion Poll, on Saturday, predicted a clear majority to Nitish Kumar-led NDA in Bihar Elections with BJP-JDU bagging around 135-159 out of 243 seats. RJD-Congress-led Mahagathbandhan stands second with around 77-98 seats. LJP’s tally dismal at 1-5 seats and Others might get 4-8 seats.
On the vote sharing front, the survey indicated that NDA will garner as much as 43% of total vote share, whereas Mahagathbandhan will bag 35% votes in the Assembly polls. Chirag Paswan’s LJP might only get 4% of the total vote share, survey said adding that Others might get 18% in their kitty.
EVERYBODY SHOULD WEAR MASK
No one has right to endanger the lives of others: CM Gehlot Naresh Sharma Jaipur: Chief minister Ashok Gehlot on Saturday said every person must wear a face mask in public places because no one has the right to endanger the lives of others. He said that wearing face masks reduces the chances of corona infection and everyone should
Chief Minister Ashok Gehlot along with Raghu Sharma, Govind Singh Dotasra, Subhash Garg, Rajeeva Swarup, ML Lather, Rajababu Panwar and other during the meeting on Saturday.
wear a mask to stay safe from the infection. Chairing a review meeting, the chief minister said that doctors and experts are constantly insisting that a face mask is the only prevention at present and therefore the state government is working towards making people aware of it as well as distributing masks. Turn to P6