Income tax, GST rates can be halved if loan waiver to billionaires stopped: Kejriwal writes to Modi

News Network
January 28, 2025

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Ahead of the Delhi Assembly elections, Aam Aadmi Party (AAP) national convenor and former Delhi Chief Minister Arvind Kejriwal has written to Prime Minister Narendra Modi, urging the Centre to prioritise waiving loans for farmers and the middle class instead of wealthy individuals. He also demanded a nationwide law to prohibit the waiver of loans given to billionaires.

Notably, Delhi Assembly elections are scheduled for February 5 and the result will be announced on February 8. Kejriwal is seeking a third consecutive term, following AAP's landslide victory in 2020 when it won 62 out of 70 seats.

Income tax, GST rates can be cut to half

Addressing a press conference on Tuesday, Kejriwal criticised the central government, alleging favouritism toward the wealthy by writing off corporate loans worth thousands of crores. He claimed such practices burden ordinary citizens with excessive taxes while benefitting the rich. "Common people are paying half their salaries in taxes, while the loans of the rich are being waived. Why doesn't the central government waive home loans, car loans, or other financial burdens of ordinary citizens?" Kejriwal asked.

He emphasised that discontinuing loan waivers for billionaires could enable the government to reduce income tax and GST rates by half, double the taxable income threshold, and remove GST on essential commodities. "This is a massive scandal, and it's time to put an end to it," he said.

Kejriwal writes to PM Modi 

In his letter, Kejriwal stated, "Prime Minister should declare that no rich person's loan will be waived off. If you want to waive off, then waive off farmers' loans, middle class's home loans. This money will benefit the middle class a lot."

Kejriwal further argued that by waiving loans for the wealthy, the government could reduce tax rates. "I have calculated that if loans are not waived off, then tax rates will be halved. A person earning 12 lakhs annually pays his entire salary in tax, this is the sorrow of the middle class," Kejriwal wrote.

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News Network
May 10,2025

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In a significant escalation of hostilities, the Indian Army has reported that Pakistan targeted critical civilian infrastructure, including hospitals and school premises, in Srinagar, Awantipur, and Udhampur. This incident marks a severe breach of international norms, with Pakistan's actions drawing widespread condemnation.

Details of the Attacks

Wing Commander Vyomika Singh, during a press briefing, said that Pakistan's military launched attacks on Indian Army hospitals and educational institutions in these regions. The targeted facilities are located within or near military airbases, raising concerns about the deliberate targeting of civilian infrastructure. The attacks have resulted in significant damage to these establishments, though specific casualty figures are yet to be confirmed.

Indian Army's Response

The Indian Army has termed these actions as "unacceptable" and a direct violation of international humanitarian law. In retaliation, India has initiated "Operation Sindoor," a series of strikes targeting Pakistani military bases and terrorist infrastructure. The operation aims to dismantle terror networks operating from across the border and to send a strong message against such provocations.

The international community has expressed grave concern over the escalation. The United Nations has called for maximum restraint from both nations to prevent further deterioration of the situation. Countries like the United States, Russia, and China have urged India and Pakistan to engage in dialogue and de-escalate tensions.

As of now, the situation remains tense. Both nations have mobilized additional troops along the Line of Control (LoC), and airspace in the affected regions has been restricted. Civilians in the targeted areas have been advised to stay indoors, and emergency services are on high alert to respond to any further incidents.

This development marks a significant turning point in the ongoing India-Pakistan tensions, with the targeting of civilian infrastructure raising the stakes of the conflict. The coming days will be crucial in determining the trajectory of relations between the two nuclear-armed neighbors.

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News Network
May 13,2025

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Srinagar: Following an unprecedented episode of intense cross-border shelling by the Pakistan Army that directly targeted the towns of Rajouri and Poonch in Jammu and Kashmir, the Indian government is moving to construct community bunkers in these towns and other vulnerable areas along the Line of Control (LoC).

While the government has, over the past decade, supported the construction of both individual and community bunkers along the LoC and the International Border (IB), towns like Rajouri and Poonch had been excluded from such initiatives. These towns were considered safe, as previous shelling incidents were largely restricted to forward villages closer to the border.

Officials now say the latest shelling marks a dangerous shift in the pattern of cross-border hostilities.

“The nature and intensity of the attack marked a significant departure from past ceasefire violations. For the first time in years, heavily populated towns like Rajouri and Poonch were directly hit,” a senior official said.

Caught unprepared, residents in both towns had little access to protective infrastructure as long-range mortar shells struck deep inside civilian areas.

“People weren’t expecting this—these towns had never been targeted before. Without bunkers, many had nowhere to go for safety,” the official added.

In response, the government now plans to build community bunkers at strategic locations throughout Rajouri and Poonch. These reinforced shelters will offer immediate protection to civilians during any future shelling incidents.

“In areas where individual bunkers aren't viable, community shelters become essential. These will provide residents with quick access to safety in emergencies,” the official noted.

The attacks have left local communities rattled.

“This is the first time shells landed so close to our homes in Poonch town,” said Abdul Rashid, a resident. “We never thought this would happen here.”

The sudden escalation has disrupted the fragile calm along the LoC, raising concerns over a potential return to more violent confrontations in the region.

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News Network
May 14,2025

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Despite a detailed rebuttal from the Narendra Modi government, U.S. President Donald Trump has, for the fourth consecutive day, claimed credit for brokering a ceasefire between India and Pakistan—an achievement he says prevented a conflict that “could have killed millions.”

Speaking at an investment forum in Riyadh, Trump remarked that the leaders of India and Pakistan could now even “go for a nice dinner” together, as tensions between the two nuclear-armed neighbors had de-escalated.

“Just days ago, my administration successfully brokered a historic ceasefire to stop the escalating violence between India and Pakistan,” Trump said. “And I used trade to a large extent to do it. I told the leaders, ‘Fellows, come on. Let’s make a deal. Let’s do some trading.’”

His comments came even as New Delhi firmly rejected the notion that the United States had any role in mediating the ceasefire, which brought an end to nearly four days of cross-border hostilities. India also dismissed Trump’s claim that he used the threat of halting U.S. trade with both countries to pressure them into backing down.

“Let’s not trade nuclear missiles. Let’s trade the things you make so beautifully,” Trump said. “They both have very powerful, strong, smart leaders. And it all stopped. Hopefully, it’ll stay that way—but it stopped.”

Trump went on to praise Secretary of State and National Security Advisor Marco Rubio, crediting him and others in his administration for their efforts.

“Marco, stand up. What a great job you did on that. Thank you,” Trump said. “Vice President JD Vance, Marco—the whole group worked hard. And I think [India and Pakistan] are actually getting along. Maybe we can even get them together a little bit, Marco, where they go out and have a nice dinner together. Wouldn’t that be nice?”

Trump continued, “We’ve come a long way. Millions of people could have died in that conflict. It started small and was getting bigger by the day.”

This marks the fourth day in a row—Saturday through Tuesday—that Trump has publicly asserted his administration’s role in defusing tensions between the two South Asian rivals, despite consistent denials from the Indian government.

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