Latest news with #Shetye
Time of India
27-04-2025
- Business
- Time of India
Navi Mumbai bizman gives creative vent to his taxation woes, produces film ‘Tax Free India'
NAVI MUMBAI: Like the clichéd 'last straw on the camel's back', a Navi Mumbai-based dry fruits businessman, Subodh Shetye (57), became so harried after paying various govt taxes in the past 40 years, that he has now vented his entire life's frustrations in a creative way by making a full-length Hindi feature film called 'Tax Free India'. The Censor Board, however, is not amused. The Central Board of Film Certification (CBFC) has refused to clear Shetye's film on the ground that the film's screenplay is 'too amateurish; against the democratic govt policies' and that it 'creates confusion in the present tax policies , and encourages public revolt'. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai While Shetye has been given the option to approach the high court to get his film certified, he has decided to release it first on YouTube by the end of the month or early May, where the censor board's jurisdiction does not hold. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Invest $200 in Amazon without buying stocks to earn a second salary Marketsall Sign Up Undo 'Since my teen years, I have assisted my family in our dry fruits business. I have seen how tax officials harass. Sometimes raiding parties show up and demand random amounts even if you have maintained all accounts and books; some vague clause will be quoted to extract more tax,' said Shetye, who not only produced but also acted as the protagonist in the film, which runs a little over two hours. Adding that he may release the film on YouTube by month-end or first week of May. Shetye said: 'We income tax, GST, excise, customs, property tax, professional tax, besides stamp duty if you are purchasing a property. And yet, India has to take a loan from the World Bank. Shouldn't our tax system be more simplified and minimize corruption?' He added that the revised tax system, which he dwells on in his film, will also reduce inflation. One of his supporters, a city developer, said, 'I have seen the rushes of ' Tax Free India ', and it strikes me that the business and middle class pay so much tax. But still, most of our tax money is spent by the govt on political appeasement , or to redevelop already good roads and infrastructure so that contractors can benefit. Taxes and corruption are slowing down India. Is the govt scared to give it a censor certificate?' American statesman Benjamin Franklin had once famously said, 'Our new Constitution is now established, and has an appearance that promises permanency; but in this world, nothing can be said to be certain, except death and taxes'.
Time of India
24-04-2025
- General
- Time of India
Students failing Class IX can take 4 supplementary tests
Representational image Panaji: Students failing Class IX in 2024-25 will get an opportunity to clear the class by appearing for up to four supplementary exams, the Goa Board of Secondary and Higher Secondary Education has said, in its instructions for passing criteria. This is the first year when the Class IX batch will pass out after the implementation of the National Education Policy (NEP) for the class. The Goa board has said it will apply its new compensation scheme, announced for Class X for the 2025-26 batch, for the 2024-25 Class IX batch as well. Under the compensation scheme, if a student fails in any two core subjects, he or she will be considered to have passed Class IX if they have scored at least 65% in any two skill-based subjects and a minimum of 50% in the other two skill-based subjects. These skill-based subjects are the four new subjects introduced in addition to the six core ones. However, even Class IX students who do not meet the compensation scheme criteria will be allowed to keep terms (ATKT) for Class X, even if they fail in all the core subjects. 'The students will be able to keep terms and join Class X. They will even be able to answer the Class X public exam,' said Goa board chairperson Bhagirath Shetye. 'But their results will not be declared until they clear their Class IX backlog. We have done this so that students do not waste their year repeating Class IX.' Shetye added, 'Instead they can move forward and answer up to four supplementary exams over a period of two years to clear their backlog. And they can study in Class X simultaneously.' The board has said the minimum passing marks in a subject for Class IX are 33 out of 100. There is no separate passing required in the external component, it has said. A Class IX student failing in five or six core subjects will also have the option of taking a leaving certificate and registering as a private candidate of the board for Class X.
