Thursday, March 3, 2016

Jaitley signals rollback of pension tax plan after backlash | Reuters

Jaitley signals rollback of pension tax plan after backlash | Reuters


Government mulling rethink on EPF tax proposal is the lead in most papers today.

The Economic Times headlines, "After EPF backlash, Government makes Conciliatory Noises". The Times of India leads with "Government hints at partial review as salaried class rages at EPF tax". The Hindu highlights "NDA allies seek rollback of tax on withdrawals from EPF".

"Lucky seven! Day after Budget, Sensex on 7-year high of 777 (Seven hundred Seventy Seven) points" notes the Pioneer. "Bulls back on the Street" is how the Business Standard terms it.

On the ruckus in Parliament, the Pioneer quips "BJP, Opposition exercise 'privilege' over Rohith's death" while also noting "Karti's karni rocks Parliament", of the alleged massive wealth amassed by Former Finance Minister P. Chidambaram's son.

The Statesman leads with "PC in BJP Line of Fire over Ishrat Flip-Flop ", of then Home Minister Chidambaram. "Ishrat ghost comes to haunt team UPA", headlines the Indian Express.

"Some clips of 'anti-national' slogans at JNU were doctored, reveal lab reports" states the Indian Express on its front page.

Delhi Police filing chargesheet against former TERI boss, in sexual harassment case is noticed prominently in many papers.

The Hindustan Times and Business Standard report "ED gets court nod to extradite Lalit Modi from UK".

"Trump stokes another row as he 'misquotes' Gandhi", the Asian Age says of US Republican Presidential front-runner Donald Trump, as US media questioned the authenticity of the words attributed to the Indian leader.

"Online ads to attract 6% 'Google tax' " reports the Times of India, of an equalisation levy introduced in the Budget, for Indian payers, on payments to a non-resident entity, in a first step to tax the digital economy.

And finally, the Hindu informs, renowned film-maker Satyajit Ray's neighbourhood gets a makeover, with posters of his films on display on the street where he lived, reflecting a slice of the maestro's art.

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