Arsenal forward Pierre-Emerick Aubameyang is expecting a “great battle” as they face Tottenham at the Emirates on Sunday.Aubameyang, who scored the winner for Arsenal on Sunday in their 2-1 win at Bournemouth last weekend, says he’s fully aware of the threat that Spurs pose, but they are ready for the challenge.Tottenham have won their last three matches in the Premier League, while Arsenal is unbeaten in 11 top-flight matches. And the two teams are preparing to lock horns in what promises to be an exciting North London derby on Sunday.“The rivalry is too much, but we know they are playing well. We know that it will be a tough game but we have to be focused on what we are doing,” Aubameyang told Sky Sports.“We know that if we want to win we need to work a lot.Merson believes Arsenal should sign Sancho Manuel R. Medina – September 14, 2019 Borussia Dortmund winger Jadon Sancho might be the perfect player to play for the Gunners, according to former England international Paul Merson.“Both teams are playing well in this moment so we feel the atmosphere and the excitement. Everybody is talking about this game. It is always special to play a derby.“As an Arsenal player, we hope that only Arsenal get into the Champions League but we know it is tough and maybe both teams will go. It will be a great battle.”
SpiceJet announced its “Cheaper-than-train-fares” sale on Wednesday, which intensified the ongoing air fare war in the airline industy.Under the new scheme, SpiceJet is offering domestic fares starting from ₹599 all-in. On international routes, the airline is offering tickets ₹3,499 onwards. SpiceJet has reserved 4,00,000 seats with 1,00,000 seats for the ₹599 fare.The offer window that opened on 11 February will close post 13 February midnight. The travel period covered is 1 July to 24 October. Reuters”We are thrilled to continue to make air travel more affordable and accessible for more Indians than ever before, with our new unbelievable offer: the ‘Cheaper Than Train Fares’ sale. Fares for this offer are lower than AC train fares on many routes, and cheaper than non-AC sleeper class trains on several routes.” Chief Commercial Officer Kaneswaran Avili said in a press release.SpiceJet’s Chief Operating Officer Sanjiv Kapoor noted that in a bid to get its planes to operate at full load, the company is offering rates that are lower than train fares.”These are seats that would otherwise go empty and be lost forever, and are priced based on the marginal cost of carrying an extra passenger, not on the average cost. Revenues from such offers contribute incremental revenue for the airline that flows directly to the bottom line”, he added.SpiceJet shares were trading at ₹20.05, a rise of ₹0.05 or 0.25 per cent at the time this story was written – 11:19 a.m.
Allaying fears over taxation on ancestral jewellery, government Thursday clarified that amended Income Tax bill, which has been passed by Lok Sabha, has no provisions to tax jewellery inherited by an individual or bought from his disclosed income.”It is clarified that the jewellery or gold purchased out of disclosed income or out of exempted income like agricultural income or out of reasonable household savings or legally inherited which has been acquired out of explained sources is neither chargeable to tax under the existing provisions nor under the proposed amended provisions,” the notification said.Earlier, there were rumours spreading around that all gold jewellery including ancestral one shall be taxed at 75 percent with an additional penalty of 10 percent.”The apprehension sought to be created that the jewellery with the household which is acquired out of disclosed sources or exempted income shall become taxable under the proposed amendment is totally unfounded and baseless,” the notification said.The Lok Sabha on Tuesday passed the Taxation Laws (second) Amendment Bill, providing another chance to people with unaccounted cash to come clean. The bill is now under the consideration of Rajya Sabha.In a surprise move, government announced demonetization of high value currencies on November 8 in its bid to check flow of black money in the system. As some of the black money makes it way to gold, there were fears over imposing taxation on jewellery.However, government Thursday clarified that legitimate holding of jewellery upto any extent is fully protected and will not invite any taxation.