MP Vaddiraju flags off ‘Chalo Warangal' posse
On this occasion, former MLA Haripriya Nayak, former chairman of district Library Association Dindigala Rajender, and other prominent figures raised slogans like 'Jai Telangana Jai Jai Telangana,' 'Zindabad Zindabad BRS Zindabad,' 'Vardhillalli Vardhillalli KCR garu's leadership should flourish,', and others.
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The Hindu
27 minutes ago
- The Hindu
BRS flays hike in life tax on vehicles, says it's heavy burden on middle-class, poor
The recent increase in life tax on vehicles effected by the State Government is nothing short of a ruthless blow to the poor and middle-class families of Telangana, former minister and Bharat Rashtra Samithi (BRS) leader T. Harish Rao has said. Condemning the government decision, Mr. Rao accused the government of exploiting people through oppressive taxation policies. He said Chief Minister A. Revanth Reddy had proved his deputy M. Bhatti Vikramarka's words right that the Congress had immense experience in collecting revenue by turning this experience into a burden on the common man. Without any justification, the Congress Government had issued GOs 53 and 54 increasing life tax on new vehicles and squeezing the poor and middle class under additional financial pressure. Purchasing even a two-wheeler costs over ₹1 lakh in the present day. Farmers, small traders and daily wage workers depend on these vehicles for livelihood and raising the life tax from 12% to 15% on two-wheelers above ₹1 lakh is nothing but extortion, the BRS leader said. For instance, if a two-wheeler's showroom price is ₹1.10 lakh, the previous tax was ₹13,200 and with the hike it would become ₹16,500 – an additional burden of ₹3,200 per two-wheelerke. Across Telangana, this life tax hike would extract over ₹1,000 crore from the people. Owning a car is an aspiration for many families and most middle-class buyers rely on loans to fulfil this dream. But the Congress Government had shattered those hopes as cars priced between ₹10-₹20 lakh would not attract 18% life tax, up from 17%. resulting in an extra burden of nearly ₹20,000 per vehicle. For vehicles priced above ₹20 lakh and ₹50 lakh, the life tax was been raised by 2% and 3%, respectively, burdening more households. The government didn't stop there and increased taxes on commercial vehicles too from 20% to 22% for vehicles costing above ₹20 lakh and up to 25% for those over ₹50 lakh. Ultimately, this tax burden would be passed on to the market and affect the general public through increased prices of goods and services. In addition, the Congress government is handing over road management under the HAM (Hybrid Annuity Model) to private companies for 15–20 years. To fund this model through loans, the government is quietly increasing taxes as a backdoor way to loot people under the pretext of development, Mr. Rao added.
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Business Standard
an hour ago
- Business Standard
New Income Tax Bill does not entail too many changes in tax planning
It will, however, make income tax laws easier to comprehend and adhere to for the lay taxpayer premium Sanjeev Sinha New Delhi Listen to This Article The original Income Tax Bill, 2025, introduced in February 2025, was withdrawn on August 8, 2025, after concerns were raised over certain provisions. A revised version, incorporating the recommendations of a Parliamentary Select Committee, was reintroduced in the Lok Sabha on August 11, 2025, and passed on the same date. The Rajya Sabha cleared the Bill on August 12. The Bill now awaits Presidential assent. This legislation is slated to come into force from April 1, 2026. Easier to comprehend tax laws The hallmark of the new I-T Bill is simplification. 'The new Income Tax Bill, 2025, is concise, lucid,
New Indian Express
8 hours ago
- New Indian Express
BRS leader Harish urges Uttam to turn on KLIS motors immediately to fill reservoirs
SIDDIPET: BRS leader and former minister T Harish Rao on Wednesday urged Irrigation Minister N Uttam Kumar Reddy to ensure that the Kaleshwaram motors are turned on immediately to fill the various reservoirs in the state. In a letter addressed to Uttam, the former irrigation minister said that the farmers of Telangana were in deep distress as they are unable to proceed with cultivation due to lack of water. 'Turn on the motors at Package-6 of the Kaleshwaram project and begin pumping water to fill reservoirs like Mid Manair, Annapurna, Ranganayakasagar, Mallannasagar, Kondapochammasagar and Baswapur. This is crucial for taking up cultivation by farmers in the command area of approximately five lakh acres,' he said. 'The farming community is waiting for irrigation water for Kharif season,' Harish said while adding that there should be no further delay in pumping water to the reservoirs. The Siddipet legislator also asked Uttam to take advantage of recent rains in the upper regions by turning on the Kaleshwaram pumps to start pumping water for the benefit of farmers.
