-The Hindu Business Line Women farmers face the brunt; GST adds to their woes New Delhi: The Agriculture Ministry has written to the Finance Ministry seeking income-tax exemption for farmer produce organisations (FPOs), pARTicularly for those that are registered as farmer producer companies (FPO) under the Companies Act. “These FPOs were brought in to negotiate the problems that are faced by cooperative societies. So they are naturally eligible for all the benefits that...
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Demonetisation: Figure may hit 100% if 'pipeline' collections taken into account, say officials -Ritu Sarin
-The Indian Express Demonetisation: The “pipeline” demonetised collections, according to these officials, include banned notes lying with citizens in Nepal as deliberations between the RBI and the Nepal Rashtra Bank (NRB) for the exchange of such notes did not fructify. New Delhi: On a day when the Reserve Bank of India (RBI) released the data for collected demonetised currency, top RBI officials told The Indian Express that the figure could creep closer...
More »BJP MPs stall panel report flaying demonetisation
-The Times of India NEW DELHI: The parliamentary standing committee on finance failed on Tuesday to adopt two reports critical of the government — on demonetisation and on the revised formula for calculating growth — in the face of vocal opposition by BJP and some non-NDA pARTies. The report on demonetisation, circulated in the morning ahead of the committee meeting, said the measure had cost the economy 1% of GDP. The other...
More »RTI activist says Aadhaar contract gave foreign firms access to unencrypted data -Chethan Kumar
-The Times of India BENGALURU: Contrary to the Centre's claims, contracts signed with foreign firms by the Unique Identification Authority of India (UIDAI), custodian of Aadhaar data, show that they got "full access" to classified data including fingerprints, iris scan info, and personal information like date of birth, address and mobile number of the applicants. They were also allowed to store the data for seven years. This was revealed through an RTI...
More »Rain pounds Mumbai to standstill; no relief in sight -Gautam S Mengle
-The Hindu Suburban train services on all three lines suspended, to be resumed in phases Mumbai: Heavy and incessant rain in Mumbai, which began in the early hours of Tuesday and continued unabated throughout the day, brought the city to a virtual standstill, with lakhs of people stranded across the city as transport systems collapsed. According to the India Meteorological DepARTment, the city had recorded 297 mm of rain. The BMC, the Mumbai...
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