-The Times of India When the PMO was finalizing the direct benefit transfer (DBT) scheme in October using Aadhaar as the basic platform, at least three other agencies suggested they could implement the new plan equally well. The home ministry's NPR plan prompted the government to divide the work of issuing ID cards in two segments, shrugging off the department of financial services' suggestion that banks and Debit Cards could be used...
More »SEARCH RESULT
Total Matching Records found : 70
Property deals, dubious donations under scanner
-The Hindustan Times From a crackdown on dubious charity contributions to encouraging the use of credit and Debit Cards, from tracking realty deals to monitoring jewellery purchases, the government has proposed a wide range of measures to combat black money. The proposals are part of the white paper on black money tabled in the Lok Sabha on Monday by finance minister Pranab Mukherjee. The white paper does not, however, disclose names...
More »E -food for thought-Sreelatha Menon
PDS is getting computerised, but documents still come in between the needy and food security The Delhi government’s Food and Supplies Department is computerising its database to ensure ration card holders get their entitlements without fail. But it does not have a clue as to how the needy can get ration cards under the Public Distribution System (PDS). Or, it has not used any technology to reach the needy. Getting a...
More »PAN to be tool against tax evasion
-The Financial Express Come next financial year, the PAN card is likely to become the most potent tool for the Income Tax Department to unearth black money, tax evasion and instances of criminal financing in the country. A recent directive of the Central Board of Direct Taxes (CBDT) to the I-T Dept has asked its officials to launch a special drive against those who have "not furnished their PAN (Permanent Account Number)"...
More »Kisan credit cards to double up as Debit Cards by Dheeraj Tiwari
The nearly 10 crore farmers who hold kisan credit cards (KCC) will soon be able to use their card as a deposit account and a debit card. This will help the government scale up its financial inclusion plan quickly without relying on bank accounts alone. KCC, which has been instrumental in faster delivery of credit to farmers, is like an overdraft account with a bank that has to be operated through a...
More »
