-Livemint.com India’s Human Development Index score falls 27 % due to regional disparities in education, health parameters and living standards within the country New Delhi: India’s human development index (HDI) ranking for 2015 puts Asia’s third largest economy among a group of countries classed as “medium” in the list as opposed to “low” in the 1990s, thanks to factors like an increase in life expectancy and mean years of schooling in the...
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Cash Transactions Should Be Capped At 2, Not 3 Lakhs, Says Government
-NDTV In his budget presented in February, Finance Minister Arun Jaitley had said cash transactions would be capped at three lakhs. The government wants to reduce the limit to two lakhs. Cash transactions of more than two lakhs will be considered illegal and penalised, the government has proposed today. In the government's annual budget presented in February, Finance Minister Arun Jaitley had said cash transactions would be capped at three lakhs. In...
More »I-T shames defaulters, but most are 'untraceable'
-The Times of India NEW DELHI: In its drive against tax defaulters, the income tax department published a full-page advertisement in newspapers on Saturday naming 29 individuals and companies, asking them to `pay tax arrears immediately'. Many of these entities are `not traceable' in the department's records or have no assets to recover. The total arrears against them amounts to around Rs 448 crore. It seems the biggest tax defaulters are yet to...
More »Opposition criticises govt over 'agrarian crisis'
-PTI NEW DELHI: Opposition today came down hard on the government for the "agrarian crisis" and demanded waiver of loans of farmers across the country and not only of those from Uttar Pradesh as promised by Prime Minister Narendra Modi during campaigning. During a debate on Demand for Grants for the Agriculture Ministry in the Lok Sabha, members from opposition parties said over 12,000 farmers had committed suicide last year and asked...
More »This year too, El Nino may lead to deficit monsoon, drier conditions in India
-Down to Earth Drier-than-normal conditions in Southeast Asia are likely to develop around July to August and persist through the end of the year The survey of international weather models made by the Bureau of Meteorology under the Government of Australia shows steady warming of the central tropical Pacific Ocean is expected over the next six months. Moreover, at least six models suggest that El Nino thresholds will be reached by July...
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