-The Indian Express No, the tiger is not out of the woods. If numbers presented ahead of last week’s global tiger meet in New Delhi showed minor gains due to better counting methods, they also revealed massive losses. On April 11, a day before ministers of 13 tiger range countries assembled in New Delhi to pledge support for the big cat, a statement by the WWF-International and Global Tiger Forum claimed...
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Highlights of Union Budget 2016-17
-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...
More »Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »Think different on infrastructure
-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low commodity prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....
More »Deluged Chennai cries for help as airport flooded, trains stop, phones out
-The Times of India CHENNAI: There was no let up to the rain fury in the city and several coastal parts of Tamil Nadu. The city received 34.5cm rain in the past 24 hours. Met officials said the state hasn't been lashed by such a downpour in 100 years. Road and and rail links are down and the airport is flooded. Complaints of patchy to poor mobile phone service have been coming...
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