-The Indian Express Union Minister M Venkaiah Naidu has rejected the Congress allegations, saying the proposed Rules regarding the word limit and application fees remain the same as they were under the UPA government. On March 31, the Department of Personnel and Training (DoPT), the nodal department for the implementation of the Right to Information (RTI), put on its web site a circular titled “Framing RTI Rules, 2017 in supersession of...
More »SEARCH RESULT
Total Matching Records found : 24197
1.37 crore who don't file returns are now on Income Tax radar -Aanchal Magazine & Anil Sasi
-The Indian Express The department is employing what it calls a “360 degree profiling” of taxpayers ARMED WITH information on cash deposits of over Rs 2 lakh by tax assessees THRough a newly inserted column in the income-tax returns for 2017-18, the tax department has started the process of scrutinising and matching details with those provided earlier by banks and financial institutions. Alongside this, a list has been readied of about 1.37 crore...
More »Fasal Bima Yojana needs fine-tuning -Rajalakshmi Nirmal
-The Hindu Business Line Short tenure of the policy is its biggest drawback. With El Nino expected to mar the monsoon this year, insurers may stay away A normal monsoon in 2016, after two years of drought, has not only led to a bountiful harvest for farmers, but also filled the coffers of private insurers. The Kharif 2016 season resulting in lower claims has helped private insurers in particular rake in good profits...
More »NITI Aayog begins business without action plan -Jitendra
-Down to Earth Will the Aayog's vision be any different than the top-down approach of its predecessor, the Planning Commission? WITH THE end of the 12th Five Year Plan on March 31, India’s 65-year tryst with five-year economic development planning has come to an end. In 2014, when the National Democratic Alliance government scrapped the Planning Commission and replaced it with the National Institute of Transforming India (NITI) Aayog, it announced...
More »Rs 2 lakh limit not applicable on bank withdrawals
-PTI NEW DELHI: Ban on cash transaction in excess of Rs 2 lakh will not be applicable to withdrawals from banks and post office savings accounts, the income tax department said on Wednesday. THRough the Finance Act 2017, the government has banned cash transactions of over Rs 2 lakh and said a penalty of an equal amount would be levied on the receiver. In a clarification on the newly inserted Section 269ST in...
More »
