Over 2,500 titles on offer at Vinyl Pop Up sale
Mumbai, April 12: The first Vinyl Pop Up, to be hosted here for music lovers later this month, will offer over 2500 titles, rare box sets and more on sale.
Though cell phones, tablets and music streaming media are becoming the most preferred mediums for music lovers, the youth is also warming to an old music form -- vinyls, which are phonograph disc records.
Recognising that it is the only physical format of music that has consistently seen a rise in demand, global music company Sony Music is set to host a one-day Vinyl Pop Up at The Quarter - Royal Opera House Mumbai on this Record Store Day on April 21.
"The renewed interest in vinyls is very encouraging as vinyl collectors and owners are music buffs and lifelong fans of artistes and music. We are seeing increased interest in India and with The Vinyl Pop Up we are giving the music lovers of Mumbai a rare chance to go through a first of its kind experience," Shridhar Subramaniam, President India and Middle East - Sony Music, told IANS.
"The range is massive with some rare collectibles thrown in. Our plan is to roll out this initiative in a city at a time and we are hoping that young fans discover the charm of listening to vinyls and building a collection," he added.
There will be classic and contemporary titles, ranging from Led Zeppelin, Pink Floyd, David Bowie, Miles Davis, Pearl Jam, Eagles, The Doors, Santana, Michael Jackson, Bob Dylan, Boney M, A.R. Rahman to Coldplay, Ed Sheeran, Jagjit Singh and more.
"We are making many titles available. This will actually be the first time in 30 years that India will see such a huge range of titles available... that is over 2,500 titles. We will also be launching a few exclusive Record Store Day releases," said Subramaniam.
People can also spend their day at the BYOV Session (Bring your Own Vinyl), a DJ Scratching Workshop, Vinyl Listening Sessions, Curated Wine and Dine Experience and vinyl-only sets by DJ Uri and DJ Skip.
But why only in Mumbai?
"We are beginning with Mumbai and will look at other cities as well," Subramaniam said.
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PIL in SC seeks abolition of TDS system, cites constitutional violations
New Delhi (PTI): A PIL filed in the Supreme Court on Thursday sought to scrap the TDS system calling it "arbitrary and irrational" and violative of various fundamental rights, including equality.
The PIL challenged the tax deducted at source or TDS framework under the Income Tax Act, which mandates the deduction of tax at the time of payment by the payer and its deposit with the income tax department. The deducted amount is adjusted against the payee's tax liability.
The plea filed by lawyer Ashwini Upadhyay through advocate Ashwani Dubey, made the Centre, ministry of law and justice, law commission, and NITI Aayog as parties.
It sought a direction to "declare the TDS system manifestly arbitrary, irrational and against Articles 14 (right to equality), 19 (right to practice profession) and 21 (right to life and personal liberty) of the Constitution, hence void and inoperative".
The plea further sought directions to the NITI Ayog to consider contentions raised in the plea and suggest necessary changes in TDS system.
It said the law commission should examine the legality of the TDS system and prepare a report within three months.
The TDS system imposes significant administrative and financial burdens on taxpayers tasked with compliance which include managing complex rules, issuing TDS certificates, filing returns, and defending against penalties for inadvertent errors, argued the plea.
Assessees often incur substantial expenses, ranging from salaries of compliance staff to professional fees for tax consultants, without receiving compensation, it said.
The plea said the system violated Article 14 (equality before the law) by disproportionately burdening economically weaker sections and small earners who lack the capacity to navigate its technical requirements.
Referring to Article 23, it said the imposition of tax collection duties on private citizens amounted to forced labour.
The TDS system was stated to adversely affect individuals below the taxable income threshold, as tax was deducted at source irrespective of their liability.
"The regulatory and procedural framework surrounding TDS is excessively technical, often requiring specialised legal and financial expertise, which most assessees lack. The result is an unjust shifting of sovereign responsibilities from the government to private citizens without adequate compensation, resources, or legal safeguards," it said.
