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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...

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Time to heed cries of India's newborns

-Deccan Herald India is not doing enough to protect its youngest citizens. According to ‘Vital Statistics of India based on Civil Registration System 2014’ report, around 1.89 lakh infants died in 2014 and around 80,190 of them were girls. Though there was a reduction in the number of infant deaths - 1.87 lakh infants died the previous year, including 80,609 girls – the drop was very marginal. Several of India’s...

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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...

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How Gujarat's Maldharis Are Asserting Their Rights Over the Banni Grasslands -Gaurav Madan

-TheWire.in To oppose the forest department’s plan to limit open grazing, the pastoral community is formally pursuing their collective land rights through the Forest Rights Act. The sun has not yet decided to rise. It’s pitch black out but a group of Maldharis has already assembled for the last session of this year’s milking competition. Their massive buffalos are majestically adorned with intricate garlands and colourful necklaces. The panch (group of five...

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Harried bankers want to shut shop till there's enough cash -Saloni Shukla

-The Economic Times mumbai: Bank employees want branches to be closed until the Reserve Bank of India (RBI) supplies sufficient quantities of currency notes as irate customers increasingly harass staffers and indulge in arson and physical assault amid a cash shortage following demonetisation of high denomination notes last month. "RBI should take a view to stop banking operations for 15 days till adequate money is available. Let RBI close the banks till...

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