Union Budget 2013: No IT exemption for cash donations to political parties by cos

NEW DELHI: The government on Thursday proposed to take away the income tax benefit on donations made in cash by corporates to political parties from April 2014 onwards.

Under the existing provisions of section 80GGB of the Income Tax, contribution by an Indian company to any political party or an electoral trust in the previous year, is allowed as deduction in computing the total income of the firm.

Currently, a similar deduction is also available to individuals under section 80GGC. There is no specific mode provided for making such contributions in the Act.

"With a view to discourage cash payments by the contributors, it is proposed to amend the provisions... so as to provide that no deduction shall be allowed under section 80GGB and 80GGC in respect of any sum contributed by way of cash," the Budget document presented in Parliament said.

The amendment, government said, will come into effect from April 1, 2014 and will, accordingly, apply in relation to the assessment year 2014-15 and subsequent assessment years.

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Why African Rhinos Are Facing a Crisis


The body count for African rhinos killed for their horns is approaching crisis proportions, according to the latest figures released by the International Union for Conservation of Nature (IUCN).

To National Geographic reporter Peter Gwin, the dire numbers—a rhinoceros slain every 11 minutes since the beginning of 2013—don't come as a surprise. "The killing will continue as long as criminal gangs know they can expect high profits for selling horns to Asian buyers," said Gwin, who wrote about the violent and illegal trade in rhino horn in the March 2012 issue of the magazine.

The recent surge in poaching has been fueled by a thriving market in Vietnam and China for rhino horn, used as a traditional medicine believed to cure everything from hangovers to cancer. Since 2011, at least 1,700 rhinos, or 7 percent of the total population, have been killed and their horns hacked off, according to the IUCN. More than two-thirds of the casualties occurred in South Africa, home to 73 percent of the world's wild rhinos. In Africa there are currently 5,055 black rhinos, listed as critically endangered by the IUCN, and 20,405 white rhinos. (From our blog: "South African Rhino Poaching Hits New High.")

Trying to snuff out poaching by itself won't work, said Gwin. The South African government is fighting a losing battle on the ground to gangs using helicopters, dart guns, high-powered weapons—and lots of money. (National Geographic pictures: The bloody poaching battle over rhino horn [contains graphic images].)

"Every year they get tougher on poaching, but rhino killings continue to rise astronomically," said Gwin. "Somehow they have to address the demand side in a meaningful way. This means either shutting down the Asian markets for rhino horn, or controversially, finding a way to sustainably harvest rhino horns, control their legal sale, and meet what appears to be a huge demand. Either will be a formidable endeavor."

Hope and Hurdles

The signing in December of a memorandum of understanding between South Africa and Vietnam to deal with rhino poaching and other conservation issues raises hope for some concrete action. Observers say the next step is for the two governments to follow through with tangible crime-stopping efforts such as intelligence sharing and other collaboration. The highest hurdle to stopping criminal trade, though, is cultural, Gwin believes. "In Vietnam and China, a lot of people simply believe that as a traditional cure, rhino horn works." (Related: "Blood Ivory.")

The recent climb in rhino deaths threatens what had been a conservation success story. Since 1995, due to better law enforcement, monitoring, and other actions, the overall rhino numbers have steadily risen. The poaching epidemic, the IUCN warns, could dramatically slow and possibly reverse population gains.

The population growth is also being stymied by South Africa's private game farmers, who breed rhinos for sport hunting and tourism and for many years have helped rebuild rhino numbers. Many of them are getting out of the business due to the high costs of security and other risks associated with the poaching invasions.

Those who still have rhinos on their farms will often pay a veterinarian to cut the horns off—under government supervision—to dissuade poachers, but the process costs more than $2,000 and has to be repeated when the horns grow back every two years. Even then the farmers are stuck with horns that are illegal to sell—and which criminals seek to obtain.

Room for Debate

Rhino killings and the trade in their horns will be a major topic at a high-profile conference, the 16th meeting of the Conference of the Parties to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), which opens in Bangkok March 3. What won't surprise Gwin is if the issue of sustainably harvesting rhino horns from live animals comes up for discussion.

"It's an idea that seems to be gaining traction among some South African politicians and law enforcement circles," he said, noting that the international conservation community strongly opposes any talk of legalizing the trade of rhino horn, sustainably harvested or not. The bottom line for all parties in the discussion is clear, said Gwin: "The slaughter has to stop if rhinos are to survive."


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Benedict XVI Begins Final Day as Pope












Pope Benedict XVI, the first pontiff to resign in 600 years, will step down today to lead a secluded life of prayer, far from the grueling demands of the papacy and the scandals that have recently plagued the church.


Benedict, 85, will spend a quiet final day as pope bidding farewell to his colleagues that have gathered in Vatican City to see him depart. His first order of business this morning is a meeting with the College of Cardinals in the Clementine Hall, a room in the Apostolic Palace, where Angelo Sodano, the dean of the College of Cardinals, is set to speak, but not Benedict.


Pope Benedict XVI Delivers Farewell Address


Despite the historical nature of Benedict's resignation, not all cardinals are expected to attend the event. With their first working meeting not until Monday, only around 100 cardinals are set to be in Vatican City Thursday, the Vatican press office said. Those who are there for Benedict's departure will be greeted by seniority.


In the evening, at 5:00 p.m. local time, Benedict will leave the Vatican palace for the last time to head to Castel Gandolfo, the papal summer residence outside of Rome. Before his departure the German-born theologian will say some goodbyes in the Courtyard of San Damaso, inside the Vatican, first to his Secretary of State Cardinal Tarcisio Bertone and then to the Swiss Guards who have protected him as pontiff.


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From there it is a short drive to a heliport for the 15-minute flight via helicopter to Castel Gandolfo, just south of the city. Benedict will not be alone on his journey, accompanied by members of the Pontifical Household such as two private secretaries, the head of protocol, his personal physician and his butler.


Once Benedict lands in the gardens at Castel Gandolfo, a group of dignitaries, such as the governor of the Vatican City state Giovanni Bertello, two bishops, the director of the pontifical villas, and the mayor and parish priest. Off the helicopter and into a car, Benedict will head to the palace that he will call home for the coming months. From a window of the palace, Benedict will make one final wave to the crowd at the papal retreat.


It is there, at 8:00 p.m., that Benedict's resignation will take effect once and for all. Once the gates to the residence close, the Swiss Guards will leave Benedict's side for the last time, their time protecting the pontiff completed.


Pope Benedict's Last Sunday Prayer Service


For some American Catholics in Rome for the historic occasion, Benedict's departure is bittersweet. Christopher Kerzich, a Chicago resident studying at the Pontifical North American College of Rome, said Wednesday he is sad to see Benedict leave, but excited to see what comes next.


"Many Catholics have come to love this pontiff, this very humble man," Kerzich said. "He is a man who's really fought this and prayed this through and has peace in his heart. I take comfort in that and I think a lot of Catholics should take comfort in that."


In his final address to the faithful as leader of the Roman Catholic Church, Benedict on Wednesday said his decision to resign was "the fruit of a serene trust in God's will and a deep love of Christ's Church." Before a crowd of hundreds of thousands of people in St. Peter's Square, Benedict said he was "deeply grateful for the understanding, support, and prayers of so many of you, not only here in Rome, but also throughout the world."


The date of the conclave to determine Benedict's successor has yet to be determined. In one of his last moves as pope, Benedict issued a decree permitting the cardinals to convene the conclave before the March 15 date that would have been required under the old rules.


Benedict is eventually planning to move to a monastery inside Vatican City once work there is finished, but until then he will call home the palace at Castel Gandolfo. He will be known as "pope emeritus" and don brown shoes given to him on his trip to Mexico, rather than the red ones he wore as pontiff.



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More job opportunities for Singaporeans in aerospace industry






SINGAPORE: Singapore's aerospace industry produced a total output of S$8.7 billion last year - more than double the output a decade ago.

The industry accounts for nearly 20,000 jobs and a majority of them are skilled workers in areas like aerospace manufacturing, repair and overhaul, testing, as well as training, research and development.

It will also require over 6,300 new direct employees by 2015.

Speaking at the opening of the AeroSpace eXchange 2013 on Wednesday, Senior Minister of State for Trade and Industry Lee Yi Shyan said the growth of the industry will create many job opportunities for Singaporeans.

Meanwhile, the Association of Aerospace Industries (Singapore) has signed three Memorandums of Understanding (MOUs) with industry associations to develop training programmes.

These organisations include BSI Group Singapore and VTOC "fokker" BV and educational institution German Institute of Science and Technology - TUM Asia.

Mr Lee noted that the National University of Singapore, Nanyang Technological University and Singapore Institute of Technology, as well as local polytechnics offer specialised courses in aerospace and will supply a pipeline of engineers and associate engineers for the industry.

For instance, a new 10.6 hectares ITE Campus - set to open by the end of this year - will house a Boeing 737 aircraft to offer aerospace students practical and hands-on training on aircraft maintenance.

Mr Lee said the industry has always been "amongst the most productive industrial sectors" and that the government will help industries switch to higher productivity.

"Looking ahead, productivity and innovation must continue to be key drivers of our growth. To help firms overcome manpower challenges, the newly-introduced Budget 2013 contains a number of programmes such as the Wage Credit Scheme, PIC and PIC Bonus, enhanced PACT and Corporate Income Tax rebate, to help our companies transit to a productivity-driven business model," he said.

- CNA/de



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Accountability must for rights violations in Sri Lanka: Govt

NEW DELHI: In the wake of fresh allegations of rights violations against ethnic Tamils in Sri Lanka, India on Wednesday said there should be accountability for such issues but remained evasive on the position it will take at the UN on a resolution against that country.

External affairs minister Salman Khurshid made it clear that India would not intervene directly in Sri Lanka's sovereign affairs even as members in the Rajya Sabha expressed serious concern over the situation there and demanded an independent credible probe into the killing of LTTE chief Prabhakaran's 12-year-old son Balachandran.

DMK, a key UPA constituent, said it has lost faith in the government on this and its members staged a walkout along with those from AIADMK and Left, dissatisfied with Khurshid's reply to the debate on the plight of Tamils in Sri Lanka.

"We are totally and utterly committed to the outcome that must ensure equality, dignity, justice for the Tamil people of Sri Lanka," Khurshid said, sharing concerns expressed by members cutting across party lines.

On the recent allegation about Balachandran being killed in cold blood by the Sri Lankan forces, he said India cannot "adjudicate" about the truth behind the incident and apportion the responsibility on anybody for the "very moving, very tragic, very sad" incident.

"That is why we are engaging with Sri Lanka... Accountability should be there...Whether it should be imposed from outside or come from within... Honestly speaking, accountability is necessary, accountability is inevitable but accountability must come from within," the minister said.

"There is no future unless there is reconciliation, there is no future unless there is accountability," he said but added that India cannot impose a timeline on Sri Lanka for it.

hResponding to demands by members that India should vote with the US resolution in the UN against Sri Lanka on it, he said, "What point we make in the UN can't foreclose today. We will make position keeping this debate in mind. After taking position we will disclose here..."

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A History of Balloon Crashes


A hot-air balloon exploded in Egypt yesterday as it carried 19 people over ancient ruins near Luxor. The cause is believed to be a torn gas hose. In Egypt as in many other countries, balloon rides are a popular way to sightsee. (Read about unmanned flight in National Geographic magazine.)

The sport of hot-air ballooning dates to 1783, when a French balloon took to the skies with a sheep, a rooster, and a duck. Apparently, they landed safely. But throughout the history of the sport, there have been tragedies like the one in Egypt. (See pictures of personal-flight technology.)

1785: Pioneering balloonist Jean-Francois Pilatre de Rozier and pilot Pierre Romain died when their balloon caught fire, possibly from a stray spark, and crashed during an attempt to cross the English Channel. They were the first to die in a balloon crash.

1923: Five balloonists participating in the Gordon Bennett Cup, a multi-day race that dates to 1906, were killed when lightning struck their balloons.

1924: Meteorologist C. LeRoy Meisinger and U.S. Army balloonist James T. Neely died after a lightning strike. They had set off from Scott Field in Illinois during a storm to study air pressure. Popular Mechanics dubbed them "martyrs of science."

1995: Tragedy strikes the Gordon Bennett Cup again. Belarusian forces shot down one of three balloons that drifted into their airspace from Poland. The two Americans on board died. The other balloonists were detained and fined for entering Belarus without a visa. (Read about modern explorers who take to the skies.)

1989: Two hot air balloons collided during a sightseeing trip near Alice Springs, Australia. One balloon crashed to the ground killing all 13 people on board. The pilot of the other balloon was sentenced to a two-year prison term for "committing a dangerous act." Until today, this was considered the most deadly balloon accident.

2012: A balloon hit a power line and caught fire in New Zealand, killing all 11 on board. Investigators later determined that the pilot was not licensed to fly and had not taken  proper safety measures during the crash, like triggering the balloon's parachute and deflation system.

2012: A sightseeing balloon carrying 32 people crashed and caught fire during a thunderstorm in the Ljubljana Marshes in Slovenia. Six died; many other passengers were injured.


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What's Next for Pope Benedict XVI?












The party for the world's most prominent soon-to-be retiree began today when Pope Benedict XVI hosted his final audience as pontiff in St. Peter's Square.


More than 50,000 tickets were requested for the event, according to the Vatican, while the city of Rome planned for 250,000 people to flood the streets.


FULL COVERAGE: Pope Benedict XVI Resignation


With his belongings packed up, Pope Benedict XVI will spend the night, his final one as pope, in the Apostolic Palace.


The pontiff, 85, who is an avid writer, will be able to take his personal notes with him. However, all official documents relating to his papacy will be sent to the Vatican archives.


On Thursday, Pope Benedict XVI will take his last meeting as pontiff with various dignitaries and the cardinals, said the Rev. Federico Lombardi, director of the Vatican Press Office.



INTERACTIVE: Key Dates in the Life of Pope Benedict XVI


While not all of the cardinals are in Rome, it is possible that among the princes of the church saying farewell to the pope could be the man who will succeed him.


"I think the overall tone is going to be gratitude. From the cardinals' perspective, it'll be like the retirement party for your favorite professor," said Christopher Bellitto, a professor at Kean University in New Jersey who has written nine books on the history of the church.






AP Photo/Andrew Medichini











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Pope Benedict XVI will depart the Vatican walls in the afternoon, taking a 15-minute helicopter ride to Castel Gandolfo, the papal retreat just outside of Rome, where he will live while his new Vatican quarters undergo a renovation.


Around sunset, the pontiff is expected to greet the public from his window in the palace, which overlooks the small town square, for the last time as pope.


At 8 p.m. local time, the papal throne will be vacated. The man known as Pope Benedict XVI for the past eight years will take on a new title: Pope Emeritus.


What Lies Ahead for the Pope Emeritus


The announcement that Benedict XVI would be the first pope to resign in 600 years shocked the world and left the Vatican with the task of creating new rules for an event that was unprecedented in the modern church.


"Even for the historical life of the church, some of this is brand new territory," said Matthew Bunson, general editor of the "Catholic Almanac" and author of "We Have a Pope! Benedict XVI."


"The Vatican took a great deal of care in sorting through this," he said. "This is establishing a precedent."


Along with Benedict's new title, he will still be allowed to wear white, a color traditionally reserved for the pope.


He'll still be called Your Holiness. However, the Swiss Guards, who are tasked with protecting the pope, will symbolically leave his side at 8 p.m. Thursday.


His Ring of the Fisherman, kissed by thousands of the faithful over the years, will be crushed, according to tradition.


Not much is known about the pope's health.


In his resignation statement, the pontiff said his physical strength has deteriorated in the past few months because of "an advanced age."


He also mentioned the "strength of mind and body" necessary to lead the more-than-1-billion Catholics worldwide.


If he is able to, Bellitto believes the pope will keep writing, perhaps on the Holy Trinity, a topic of great interest to him.



RELATED: Papal Conclave 2013 Not Politics as Usual


As the pope emeritus settles into the final chapter of his life, experts have said it is likely he will stay out of the public realm.


"[Pope Benedict XVI] has moved very deliberately in this process," Bunson said, "with an eye toward making the transition as smooth, as regal, as careful as possible for the election of his successor."



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India pledges more comfort on creaking rail network






NEW DELHI: India on Tuesday pledged better catering, comfort and cleanliness as part a $11.7-billion budget for Asia's oldest rail network along with steps to help stop trains from mowing down people and elephants.

Railway Minister Pawan Kumar Bansal hiked freight rates by five per cent in his budget for the sprawling state-run network, India's main form of long-distance transport despite competition from airlines and roads.

For the first time, the cost of shipping goods will be linked to fuel prices, Bansal added, in a move highlighting the Congress-led government's resolve to rein-in deficit-ballooning subsidies for publicly owned companies.

He held fares steady after hiking them last month for the millions of train passengers who travel daily but said they would have to rise in future and insisted the troubled service must be made "financially sustainable".

The annual budget for one of the world's largest rail networks is presented separately due to huge freight and passenger volumes.

It will be followed on Friday by the national budget that economists expect to feature the most belt-tightening in years in a bid to close a widening deficit gap and boost investor confidence.

Bansal, presenting his maiden rail budget for the financial year to March 2014, promised to improve catering, comfort, cleanliness and safety aboard trains as well as to build more lines and introduce new trains.

"A plan investment of 633.63 billion rupees is proposed for 2013-14," Bansal told parliament.

The Victorian-era railways -- built by India's former British colonial rulers -- bills itself as the "lifeline to the nation" because of its vast reach but it has become decrepit and accident-prone through lack of investment.

Bansal promised to significantly reduce the number of unmanned crossings which claim the lives of around 15,000 people annually, according to recent figures -- a number the government describes as a "massacre".

"We will strive to work towards a zero accident situation," he said.

For India's estimated 26,000 wild elephants, he also pledged "special measures" to "safeguard the lives of these gentle giants" which are sometimes hit at railway crossings in forested areas.

In December, a passenger train killed five elephants crossing tracks in eastern India.

The government has said it is considering imposing speed restrictions on trains at major elephant-crossing points to reduce the number of fatalities.

- AFP/xq



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Railway to introduce modern coach 'Anubhuti' in Rajdhani, Shatabdi trains

NEW DELHI: Railways on Tuesday proposed to introduce a modern coach "Anubhuti" with good ambience in the premier Rajdhani and Shatabdi trains providing higher travel comfort to passengers.

The travelling fare in such a coach will be priced separately, railway minister Pawan Kumar Bansal announced in his Budget speech.

"With increased popularity of Shatabdi and Rajdhani trains, there is also a demand for higher travel comfort. Responding to this need, railways will introduce one such coach in select trains which will provide an excellent ambience and latest modern facilities and services," he said.

Such coaches will be named 'Anubhuti' with commensurate fare structure, he said.

Besides, he said a pilot project will be launched in select trains to facilitate passengers to contact on-board staff through SMS/phone calls for prompt response for coach cleanliness and provide real time feedback.

Provision of announcement facility and electronic display board in trains for disseminating information to on-board passengers about approaching stations, train running, and arrival platform will also be there, he said.

He also announced provisions of free wi-fi facility on several trains to cater to the increasing aspirations and requirement of the youth and other customers.

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Sharks Warn Off Predators By Wielding Light Sabers


Diminutive deep-sea sharks illuminate spines on their backs like light sabers to warn potential predators that they could get a sharp mouthful, a new study suggests.

Paradoxically, the sharks seem to produce light both to hide and to be conspicuous—a first in the world of glowing sharks. (See photos of other sea creatures that glow.)

"Three years ago we showed that velvet belly lanternsharks [(Etmopterus spinax)] are using counter-illumination," said lead study author Julien Claes, a biologist from Belgium's Catholic University of Louvain, by email.

In counter-illumination, the lanternsharks, like many deep-sea animals, light up their undersides in order to disguise their silhouette when seen from below. Brighter bellies blend in with the light filtering down from the surface. (Related: "Glowing Pygmy Shark Lights Up to Fade Away.")

Fishing the 2-foot-long (60-centimeter-long) lanternsharks up from Norwegian fjords and placing them in darkened aquarium tanks, the researchers noticed that not only do the sharks' bellies glow, but they also had glowing regions on their backs.

The sharks have two rows of light-emitting cells, called photophores, on either side of a fearsome spine on the front edges of their two dorsal fins.

Study co-author Jérôme Mallefet explained how handling the sharks and encountering their aggressive behavior hinted at the role these radiant spines play.

"Sometimes they flip around and try to hit you with their spines," said Mallefet, also from Belgium's Catholic University of Louvain. "So we thought maybe they are showing their weapon in the dark depths."

To investigate this idea, the authors analyzed the structure of the lanternshark spines and found that they were more translucent than other shark spines.

This allowed the spines to transmit around 10 percent of the light from the glowing photophores, the study said.

For Predators' Eyes Only

Based on the eyesight of various deep-sea animals, the researchers estimated that the sharks' glowing spines were visible from several meters away to predators that include harbor seals (Phoca vitulina), harbor porpoises (Phocoena phocoena), and blackmouth catsharks (Galeus melastomus).

"The spine-associated bioluminescence has all the characteristics to play the right role as a warning sign," said Mallefet.

"It's a magnificent way to say 'hello, here I am, but beware I have spines,'" he added.

But these luminous warning signals wouldn't impede the sharks' pursuit of their favorite prey, Mueller's bristle-mouth fish (Maurolicus muelleri), the study suggested. These fish have poorer vision than the sharks' predators and may only spot the sharks' dorsal illuminations at much closer range.

For now, it remains a mystery how the sharks create and control the lights on their backs. The glowing dorsal fins could respond to the same hormones that control the belly lights, suggested Mallefet, but other factors may also be involved.

"MacGyver" of Bioluminescence

Several other species use bioluminescence as a warning signal, including marine snails (Hinea brasiliana), glowworms (Lampyris noctiluca) and millipedes (Motyxia spp.).

Edith Widder, a marinebiologist from the Ocean Research and Conservation Association who was not involved in the current study, previously discovered a jellyfish whose bioluminescence rubs off on attackers that get too close.

"It's like paint packages in money bags at banks," she explained.

"Any animal that was foolish enough to go after it," she added "gets smeared all over with glowing particles that make it easy prey for its predators."

Widder also points out that glowing deep-sea animals often put their abilities to diverse uses. (Watch: "Why Deep-Sea Creatures Glow.")

"There are many examples of animals using bioluminescence for a whole range of different functions," she said.

Mallefet agrees, joking that these sharks are the "MacGyver of bioluminescence."

"Just give light to this shark species and it will use it in any possible way."

And while Widder doesn't discount the warning signal theory, "another possibility would be that it could be to attract a mate."

Lead author Julien Claes added by email, "I also discovered during my PhD thesis that velvet belly lanternsharks have glowing organs on their sexual parts."

And that, he admits, "makes it very easy, even for a human, to distinguish male and female of this species in the dark!"

The glowing shark study appeared online in the February 21 edition of Scientific Reports.


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