-Business Standard Data from past elections suggest that the saffron party gets fewer voters from the poor From postponing a hike in railway fare to promising doubled farmers' income in the next five years, from the prime minister holding a number of farmers' rallies to renewed focus on augmenting rural growth and enhancing allocation for the Mahatma Gandhi National Rural Employment Guarantee scheme in the Union Budget, the National Democratic Alliance government...

-IndiaSpend Agro-companies growing crops are allowed the same tax relief as individuals in states levying no agricultural income tax Mt Abu: It’s reasonably well known that income from agriculture attracts no tax in India. What isn’t quite as well known is that of more than 400,000 taxpayers claiming exemption for agricultural income in the assessment year 2014-15, the biggest were seed giant Kaveri Seeds—it claimed Rs 186.63 crore exemption and made a profit...

-The Hindu Business Line Ten years on, the National Rural Employment Guarantee Act endures because it provides the poor a political voice February 2016 marks a decade since India’s National Rural Employment Guarantee Act 2005 (NREGA) came into force. NREGA is both revolutionary and modest; it promises every rural household one hundred days of employment annually on public-works projects, but the labour is taxing and pays minimum wage, at best. Many charges have...

-The Times of India MUMBAI: The 100% tax waiver announced in the Union Budget on `small flats' to encourage affordable housing can lead to builders laughing all the way to the bank. Take a hypothetical case: Nothing stops a developer from constructing tiny 300square-foot apartments in tony Napean Sea Road in south Mumbai, selling them at, say, Rs 70,000sq ft, and getting a total tax waiver on profits. Experts say no law...

-The Hindu Business Line The Budget’s agriculture focus is welcome, but it could have done better A Budget with a purported focus on agriculture could not have come at a better time. There has been a sharp dip in agriculture output from a trend rate of growth of 4 per cent per annum in the period 2004-05 to 2011-12 to about 1.5 per cent in the next four years, which includes a...