User: abhijeet2109 Topic: Indian Polity and Govt
Category: politcal
Last updated: Jun 22 2017 23:53 IST RSS 2.0
 
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The clean-up begins 22.6.2017 Hindu: Home
But will the RBI’s move for insolvency proceedings against borrowers succeed?
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Time for taxing farm income has arrived 22.6.2017 Deccan Herald - Analysis
Agriculture is a politically sensitive subject in India. Particularly, any talk on agriculture income tax is a taboo against the backdrop of farmers' protests, grievances and suicides. So, it was heartening to see the Chief Economic Adviser Arvind Subramanian raising the issue last month. The federal think tank Niti Aayog Member Bibek Debroy recently presented 12 facts on agricultural income taxation. He said, "in order to widen the tax base of personal income tax, besides removing tax exemptions, rural income including agriculture income could be taxed." It was suggested that including agricultural income under personal income tax net will broaden the tax base and thereby pave the way to eventually reduce the overall tax rate. These are quite bold statements as taxation of agricultural income has been strictly off-limits for any policy makers in India. As expected, Finance Minister Arun Jaitley quickly issued a denial and stated that the government has no intention to tax agricultural income. Even Niti ...
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Nepal, China hail 'smooth, healthy development' of bilateral ties 22.6.2017 All News-IANS Stories
Nepal and China have hailed the smooth and healthy development of bilateral relations between the two countries.
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Theresa May promises to listen harder on Brexit: Queen's Speech 22.6.2017 TOI: All Headlines
Theresa May promises to listen harder on Brexit: Queen's Speech
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Rights of tribal people suppressed: Tripura MP 22.6.2017 Hindu: Home
The Adivasi Adhikar Rashtriya Manch has alleged that attempts were being made to give forest land to corporates and so far 7,000 hectares of land was taken away from girijans.MP from Tripura Jitendra ...
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Claiming what is rightfully yours 22.6.2017 Business Standard: News Now
Make a will to distribute financial assets without any dispute
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Queen's speech indicates Theresa May will listen harder on Brexit concerns 21.6.2017 DNA: Recent Columns
Prime Minister Theresa May promised on Wednesday to listen more closely to business concerns about Britain leaving the European Union as she set out a Brexit-focused government programme, pared back to reflect her weakened authority. Chastened by an election which left her Conservative Party short of a majority in parliament and reopened debate on the nature of Britain's EU exit, May also sidelined reform on social care, education and corporate governance. May's two-year programme, known as the Queen's Speech and prepared by ministers, was read out by Queen Elizabeth at parliament's opening ceremony. She has yet to secure a deal with Northern Ireland's DUP party to prop up her government. The queen told lawmakers from both the upper and lower houses of parliament that the government is committed to building "the widest possible consensus" on Brexit, working with parliament, devolved administrations, business and others. "My government's priority is to secure the best possible deal as the country leaves ...
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Three Cs and the fear of policy paralysis 21.6.2017 HBL: Home
Will bureaucrats stop moving files in a milieu where CAG, CVC and the courts are getting overactive?
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MCA gives ‘start-up’ a legal definition under Companies Act 21.6.2017 BusinessLine - News
In fillip to start-up ecosystem, Centre relaxes some compliance requirements
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Dholakia urged 50 bps rate cut in June monetary policy 21.6.2017 Hindu: Economy
MPC member warned of losing ‘opportunity’ to back growth
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10 days ahead of GST launch, India Inc frets over anti-profiteering rules 21.6.2017 All Companies Stories
With barely 10 days for launch of the national goods and services tax (GST), corporate India says it is unclear how the anti-profiteering regulations will work. "What the GST Council released this week was some process rules for the way cases and challenges will be handled but it has not defined the 'how' of these rules' working," says Robert Tsang, GST implementation leader at consultancy Deloitte Touche Tohmatsu India.The rules outline the procedure to be followed for investigation and enquiry but not the mechanism for calculating of profiteering, says Pratik Jain, partner at consultancy PwC. "Businesses will have to themselves work these out," he adds.Anti-profiteering regulations in Australia and Malaysia largely used the net profit margin rule to determine any 'unreasonable' high profit. Legal experts say the Indian regulations do not provide policy guidance on how GST taxpayers are to determine the extent of cut in price to meet the test of "commensurate reduction" under ...
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New, young crown prince reshaping Saudi Arabia 21.6.2017 TOI: Home
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Sack Lalu Prasad Yadav's sons from Bihar ministry: Sushil Modi 21.6.2017 DNA: India
BJP leader Sushil Kumar Modi today demanded sacking of Lalu Prasad's minister sons -- Tejashwi and Tej Pratap -- from Bihar government, a day after the Income Tax Department charged six family members of the RJD chief under anti-benami assets Act in connection with its probe into alleged land deals worth Rs 1,000 crore. The Income Tax Department has already acted on the "expose" about the RJD chief's family amassing benami properties worth more than Rs 1,000 crore by ordering provisional attachment of 14 properties in Delhi and Patna to the tune of Rs 170-80 crore, he told reporters here. "... some of these benami properties belong to Deputy Chief Minister Tejashwi Yadav and Health Minister Tej Pratap Yadav," he alleged. Seeking to remind Bihar Chief Minister Nitish Kumar of his government's "zero-tolerance" policy on corruption, Modi asked the former to take cognizance of I-T department's action against Prasad's family members. "The onus is on the Chief Minister to take action against Tejashwi and Tej ...
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Ganga as a ‘Living Person’: Will it help? 21.6.2017 HBL: Home
The Uttarakhand High Court ruling confers on rivers a right to be restored. But finally, it is a multi-stakeholder exercise
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Sack Lalu's sons from Bihar ministry: Sushil Modi 21.6.2017 Deccan Herald - TOP STORIES RSS FEEDS
BJP leader Sushil Kumar Modi today demanded sacking of Lalu Prasad's minister sons -- Tejashwi and Tej Pratap -- from Bihar government, a day after the Income Tax Department charged six family members of the RJD chief under anti-benami assets Act in connection with its probe into alleged land deals worth Rs 1,000 crore.The Income Tax Department has already acted on the "expose" about the RJD chief's family amassing benami properties worth more than Rs 1,000 crore by ordering provisional attachment of 14 properties in Delhi and Patna to the tune of Rs 170-80 crore, he told reporters here."... s
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Karnataka to reserve 50 per cent of National Law School's seats for local students 21.6.2017 ET: Education
BJP members in the house demanded that the reservation be in creased to 50 per cent and the domicile brought down to minimum seven years, rather than 10.
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Letters to the Editor 21.6.2017 FrontLine: Letters
IT sector THE mass retrenchment in the IT sector is undesirable (Cover Story, June 23). While acknowledging the sea change...
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From 11% to 2.2%, inflation does a Vanishing act in India 21.6.2017 News
The slide has prompted the RBI to slash its inflation forecasts
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Tribals a neglected lot, says Pinarayi Vijayan 21.6.2017 Hindu: National
‘Corporates having a free run in Bastar region of Chhattisgarh’
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Victory in defeat 20.6.2017 FrontLine: Home
The Labour Party’s showing in the recent election in the United Kingdom well and truly debunked the widespread assumption that a left-wing party would not be able to engage with the wider electorate. Jeremy Corbyn will take over as Leader of the Opposition from a position of strength.By VIDYA RAM in London
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