Lok Sabha witnesses noisy scene over introduction of tax bill
The bill seeks to replace the Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020, promulgated in March.
While tabling The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020, Sitharaman said she had a feeling that those who spoke against the introduction of the legislation "definitely" misunderstood its contents.
She said the bill is related to tax returns filing and tax payments and that is only the intention of the government as tax filing is the Centre's domain.
"It is only about tax payment, tax return and filing," she said.
Referring to the GST shares of the states, Sitharaman said the central government would definitely pay the state governments' share.
"We are not taking away the powers of the states. We are not running away from our responsibilities. We never said that we will not pay the states' share. We will definitely pay the states' share of the GST," she said.
The finance minister said Prime Minister Narendra Modi was a successful chief minister and knows about states' problems and their requirements.
Sitharaman claimed that the opposition was trying to "distort" the facts on the government's intention. She dismissed the opposition's claim that the central government was violating the GST Council or bypassing it.
"We are not violating the GST Council or CGST Act," she asserted.
The finance minister also said the Vivad Se Vishwas Scheme 2020 is not an amnesty scheme as it does not give benefits to the tax evaders.
"It is only related to dispute resolution. It is not proper to term it as amnesty scheme," she said.
She then asked her junior colleague Anurag Thakur to speak about the PM Cares Fund, set up recently by the central government keeping in mind the need for having a dedicated national fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by the COVID-19 pandemic, and to provide relief to the affected.
The public charitable trust's name is 'Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)'.
Thakur accused the opposition of finding faults in every issues.
The union minister of state for finance said the opposition had said EVM was bad, triple talaq was bad, GST was bad and always saw bad in good initiatives of the government.
"What is wrong with the PM Cares Fund? Several times you went to the courts (against the PM Cares Fund). But courts did not support you and favoured the PM Care Fund. When the prime minister was fighting the coronavirus pandemic, some people went to court against the fund. Even the poorest of the poor have contributed to the PM Cares Fund. But the opposition keep asking questions. Even children, old, retired teachers have contributed to the PM Cares Fund," he said.
Referring to the PM National Relief Fund, Thakur said the trust was set up during the tenure of former prime minister Jawaharlal Nehru and was not even registered as a public trust. But it got all relevant clearance, including FCRA, he said.
"The PM Cares Fund is a constitutionally set up public charitable trust. PM National Relief Fund was set up only for the benefits of one family -- Nehru-Gandhi family," he said.
With this, the Congress strongly protested Thakur's remarks, leading to Speaker Om Birla adjourning the house for 30 minutes.
Congress leaders Adhir Ranjan Chowdhury, Shashi Tharoor, Manish Tewari, TMC's Saugata Roy and CPI-M's AM Arif opposed the introduction of bill.
Tharoor questioned why the PM Cares Fund has been exempted from the audit by the Comptroller and Auditor General of India (CAG) and said the contribution to the fund from the Corporate Social Responsibility (CSR) was wrong.
Roy said it was a new concept for gathering funds by the PM's office and demanded that the PM Cares Fund should be abolished and money received by it should be transferred to the PM National Relief Fund.
The House assembled again only to be adjourned till 5 pm and again till 5.30 pm.
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A strong magnitude 6.1 earthquake shakes Indonesia's Java Island, felt in Jakarta
Jakarta, Apr 27: A strong magnitude 6.1 earthquake shook the southern part of Indonesia's main island of Java on Saturday, but there were no immediate reports of injury or significant property damage.
The U.S. Geological Survey said the quake struck 102 kilometers (63 miles) south of Banjar city at a depth of 68.3 kilometers (42.4 miles). There was no tsunami warning.
High-rises in the capital Jakarta swayed for around a minute and two-story homes shook strongly in the West Java provincial capital of Bandung and in Jakarta's satellite cities of Depok, Tangerang, Bogor and Bekasi. The quake was also felt in other cities in West Java, Yogyakarta and East Java province, according to Indonesia's Meteorology, Climatology and Geophysical Agency.
The agency warned of possible aftershocks.
Earthquakes are frequent across the sprawling archipelago nation, but they are rarely felt in Jakarta.
Indonesia, a seismically active archipelago of 270 million people, is prone to seismic upheaval because of its location on major geological faults known as the Pacific “Ring of Fire.”
A magnitude 5.6 earthquake in 2022 killed at least 602 people in West Java's Cianjur city. It was the deadliest in Indonesia since a 2018 quake and tsunami in Sulawesi killed more than 4,300 people.
In 2004, an extremely powerful Indian Ocean quake set off a tsunami that killed more than 230,000 people in a dozen countries, most of them in Indonesia's Aceh province.
