DHARMAPURI TUESDAY SEPTEMBER 29, 2020 `7.00 PAGES 14 CITY EDITION TRUMP PAID JUST $750 IN INCOME TAXES DURING 2016,17 He paid no income taxes at all in 10 of the last 15 years, the New York Times reported on Monday citing his tax-return data QUESTIONABLE REFUNDS AND DEDUCTIONS HE IS SITTING ON A MOUNTAIN OF DEBT Starting 2010, Trump has claimed and received income tax refunds totalling $72.9 million. The Internal Revenue Service is presently probing the legitimacy of the refunds. An adverse ruling could cost Trump $100 million in penalty. The report also says he took tax deductions on personal expenses such as housing, aircraft and $70,000 in hairstyling for TV shows ■ ■ The Times report also revealed Trump is sitting on a ticking time bomb of debt. The tax records show he’s holding a total of $421 million in loans and debt that are due in the next four years Most of that debt comes from his Doral golf resort in Florida and Washington hotel, which are financially struggling | P9 $145,400 TAX HIS UNITS PAID TO INDIA IN 2017, IN CONTRAST TO HIS SLIM INCOME TAX CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOGGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ WARANGAL ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI AIADMK’s CM candidate to be spelt out on Oct 7 T M U R U G A N A N D H A M @ Chennai Youth Congress workers staging a protest against the contentious farm laws at Rajpath in New Delhi on Monday, after setting a tractor ablaze | SPECIAL ARRANGEMENT Find workaround to negate farm laws, says Sonia Asks Cong-ruled states to explore possibility of passing laws overriding reform legislations EXPRESS NEWS SERVICE under Article 254(2) of the Constitution, which allows the state legislatures to pass a law STEPPING up her attack on the to override a Central law, which new farm laws that have left a then comes for President’s assection of the farmers roiled, sent,” said K C Venugopal, ConCongress President Sonia Gan- gress general secretary in dhi on Monday asked party- charge of the organisation. ruled states to explore the posAccording to Article 254(2), sibility of workaround laws “Where a law made by the Legunder Article 254(2) of the Con- islature of a State with respect stitution to override the con- to one of the matters enumertentious reform legislations. ated in the Concurrent List While Congress-ruled state contains any provision repuggovernments are also explor- nant to the provisions of an ing legal options, a party MP earlier law made by Parliament from Kerala, T N Prathapan, or an existing law with respect has already approached the Su- to that matter, then, the law so preme Court chalmade by the LegislaPlan to lenging the constituture of such State tional validity of the intensify stir shall, if it has been in Punjab Farmers (Empowerreserved for the conment and Protection) sideration of the Farmers plan to Agreement of Price President and has relay siege to Assurance and Farm corporate houses, ceived his assent, preServices Bill, 2020. offices, malls and vail in that State.” Farmers, especially residences of BJP As for the legal in Punjab and Hary- leaders in Punjab. challenge, Punjab ana, have been agitatChief Minister said Congress leader ing against the three agitation and legal reRahul Gandhi is laws, which the Cencourse will have to be expected to join tre says are revolu- agitating Punjab undertaken simultationary as they would farmers on Gandhi neously “Our lawyers . ensure better price are coming from DelJayanti on Oct 2 for their produce. hi tomorrow. We will Among the sticking discuss how to propoints in the new laws, accord- ceed in the matter and then ing to the Opposition, are the challenge the legislation in the lack of explicit guarantees Supreme Court,” he said. written into them on continuRajasthan Chief Minister ing the existing minimum sup- submitted a memorandum to port price (MSP) system and President Kovind and Goverallowing big corporate houses nor Kalraj Mishra seeking the into the farm sector. rollback of the legislations. His “Hon’ble Congress President Chhattisgarh counterpart said has asked Cong ress-ruled a resolution opposing the laws states to explore the possibili- will be brought in the next Asties to pass laws in their states sembly session. @ New Delhi/Chandigarh TRAI GETS P D VAGHELA AS NEW CHAIRMAN Senior bureaucrat P D Vaghela was on Monday appointed chairman of the Telecom Regulatory Authority of India. He will succeed R S Sharma | P12 IPL TODAY S O W M YA M A N I @ Pudukkottai Delhi Capitals are on top. Sunrisers Hyderabad at the bottom. Hyderabad would look to record their first win while Hyderabad would want to consolidate SERVING the nation is a matter of pride. Inspiring children to take up a career in the defence forces is an equally important deed. Staying in the remote village of Kurinjipatti, Ananth Raj does just that. The 27-year-old, who aspired to serve in the Armed Forces but could not make it, now motivates thousands of children to serve the nation using his unique handicraft skills. Sitting in his house, 15 km away from Pudukkottai, Ananth Raj builds models of chop- LIVE: Star Sports1/Hotstar @ 7.30pm THE TEWATIA METRICS When Rajasthan Royals decided to promote Rahul Tewatia against Kings XI Punjab, they did so because the data supported them. In T20s since the beginning of 2019, the southpaw is one of the quickest accumulators of runs in the format. P13 Offset clause chucked out, but conditions apply M AYA N K S I N G H @ New Delhi ON a day the Defence Acquisition Council (DAC) approved purchases worth `2,290 crore, the bigger talking point was a major tweak in the offset policy tied to the acquisition of arms and equipment to make procurement easier. According to the new Defence Acquisition Procedure (DAP) 2020 unveiled on Monday by Defence Minister Rajnath Singh, offsets will not be applicable to three specific categories—Inter-Government Agreement (IGA), Government to Government (G2G) and single-vendor deals. The offset clause was a UPA government policy introduced in 2005. But “no offset has led to a transfer of technology Most have to . do with product purchase as has been brought out in a recent Comptroller and Auditor General report,” Director General (Acquisition) Apurva Chandra said while interacting with journalists. Under the n ew DA P, a clause requiring foreign firms to invest 30% of the contract value in the Indian m a nu f a c t u ring sector has been dropped for G2G or single-vendor deals. However, competitive multi-vendor procurement cases will still have offsets. Among other changes, the armed forces will now be allowed to take a variety of equipment on lease to cut down acquisition time and cost. The equipment include transport aircraft, trainers or simulators. Meanwhile, the DAC approved the purchase of a clutch of equipment from both the domestic and foreign vendors. Under the Buy Indian (IDDM) category, the approval was granted to Static HF Tans-receiver sets and Smart Anti Airfield Weapon (SAAW). The HF radio sets will enable seamless communication for the field units of the Army and the Air Force. The Smart Anti Airfield Weapon being procured for around `970 crore will add to the fire power of the Navy and the IAF. HE COULDN’T JOIN ARMY, BUT HELPS BUILD AN ARMY HYDERABAD DELHI THE executive committee meeting of the AIADMK on Monday discussed about the party’s chief ministerial candidate for the 2021 Assembly elections, but left the decision of making that announcement to the top two leaders — Edappadi K Palaniswami and O Panneerselvam. AIADMK deputy coordinator KP Munusamy said both the leaders would announce the chief ministerial candidate for the AIADMK-led alliance on October 7. However, Munusamy’s statement came as a surprise to the party’s office-bearers when he said the leaders would announce the “alliance’s chief ministerial candidate”, instead of saying the AIADMK. Usually, the AIADMK leads the alliance in Tamil Nadu and declares one of its members as the chief ministerial candidate. Some of the functionaries on Monday wondered whether the party should hold talks with its alliance partners before announcing its chief ministerial candidate. According to sources, the earlier meetings had focussed on key resolutions. But Monday’s meeting that went on for around four and a half hours discussed the leadership issue after School Education Minister KA Sengottaiyan reportedly said that there was confusion among the party’s cadre at the grassroots level about the chief ministerial candidate and that it should be finalised. Following this, more than 15 Ministers and senior functionaries spoke about the need to finalise the candidate at the pers, tanks, machine had to give up his dream guns and rocket launch- as his parents did not apers used by Indian prove of it. At the age of Armed Forces. Even as 14, Raj stumbled upon a his mother milks a cow, a craft book and discovgroup of children eager- ered another route to ly watch Raj exchannelise his plain his models ambitions. and ask him He decided questions about then and there jets, rockets and that making tanks. model craft of A small room defence equipin Raj’s house ment was what functions as his he wanted to do lab, where he and planned his Ananth Raj makes his modeducation. But, els using chart papers, poverty wouldn’t allow paints, adhesives and him pursue engineering notebooks. Raj says he and he had to be content wanted to be a fighter pi- with a diploma in melot as a young boy, but chanical engineering. P4 meeting, leading to lengthy discussions. Veteran leader, Panruti S Ramachandran, said the issue could be taken up for discussion after the constitution of the 11-member steering committee, a move that has been pending for a long time. A number of functionaries interrupted him during his speech. JCD Prabhakar, organising secretary intervened and said , that the executive committee members may speak on the key resolutions such as the demand on the Centre to release `23,763 crore and the party’s commitment to the two-language policy, and that there was no need for finalising the chief ministerial candidate now. He asked why the functionaries insisted on both the leaders sorting out the matter today itself. Blowing such issues out of proportion might affect the image of the party he , said. Following this, Deputy Coordinator R Vaithilingam said the executive committee meeting would be concluded with a P4 vote of thanks. CENTRE URGED TO DISBURSE `23,763 CRORE Chief Minister Edappadi K Palaniswami arriving at the AIADMK headquarters in Chennai on Monday | R SATISH BABU Chennai: The AIADMK executive committee which met on Monday decided to urge the Centre to expeditiously disburse `23,763.36 crore towards GST dues and funds pending under 13 heads for various schemes, besides grants. The amount includes `4,073 crore GST dues, `16,505.32 crore towards funds for various schemes and `3,185.04 crore grants. A total of 15 resolutions were adopted at the meeting | P4 ‘Interest on interest cannot be waived’ A N U R A D H A S H U K L A @ New Delhi WHILE the Centre on Monday sought more time from the Supreme Court to clarify its stand on ‘interest on interest’ on suspended EMIs during the loan moratorium period, sources told TNIE that the finance ministry has made up its mind that it cannot be waived off. “The Department of Financial Services has already spoken to banks and is of the view that waiving this interest on interest will further strain the financials of banks. One cannot weaken one business to strengthen another business. Banks have raised their concern in this regard and their feedback had been submitted to the Centre,” said a sen- ior finance ministry official. Similar feedback was given by the Rajiv Mehrishi panel, whose report is yet to be made public, the official added. “The Mehrishi panel’s view is that the government can bear the burden of interest on interest, so that neither bankers nor customers will have to take a hit,” the official told TNIE.
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