-Hindustan Times Gurgaon: The demonetisation move by the Centre is turning out to be a nightmare for over 1 lakh construction workers in the city. Labour department sources said that 10,000-12,000 daily wage workers have already left Gurgaon. In the absence of work and cash, a majority of the seasonal workers are struggling to make ends meet. To get a clearer picture, the labour department has also ordered a survey. Gurgaon is a...
More »SEARCH RESULT
Total Matching Records found : 2655
Bengal's cash-less agrarian revolution: To pay support price for rice directly into bank a/c -Tamal Sengupta
-The Economic Times KOLKATA: The West Bengal government has decided to pay its rice farmers by directly transferring the amount to their Bank Accounts. The government, which is initiating such a move for the first time, hopes to start the process in all 330 blocks of the state from December 10. The state has earmarked Rs 8,000 crore to purchase 52 lakh metric tonnes of rice this year. “We will pay farmers...
More »Income tax department to use analytics to look for discrepancies in Bank Accounts -Sachin Dave
-The Economic Times MUMBAI: For the first time, the income-tax department will use big data analytical tools to go through personal bank deposits to segregate black money holders from genuine tax-payers, two people in the know have said. While the government has used big data analytical tools for corporate tax reporting in some cases in the past, this is the first time that it will use analytics on such a large scale...
More »Expect all demonetised money to come back to system: Revenue Secretary Hasmukh Adhia -Khushboo Narayan
-The Indian Express Questions over cost of exercise; will tax black money hoarders, says Adhia Mumbai: THE government expects the entire money in circulation in the form of currency notes of Rs 500 and Rs 1,000 which have been scrapped to come back to the banking system so that the tax authority can trace the transactions and tax black money hoarders, Revenue Secretary, Hasmukh Adhia said on Tuesday. This, effectively, undermines the...
More »Proposal to amend law for cashless wage payments
-The Hindu The Centre has proposed amending a law to empower States and allow industries to pay wages by cheque or by direct credit into Bank Accounts. The Union Labour ministry has proposed changes to the Section 6 of the Payment of Wages Act of 1936. The present law states that all payment of wages should be made in cash, with a provision enabling employers to obtain written permission of the...
More »
