-The Economic Times More than 94% of employees in India do not report income from other sources. This causes a loss of approximately Rs 660 crore to exchequer annually, says a report by TaxSpanner.com, a tax filing online portal. "More than 94 per cent of employees - liable to pay more than 10 per cent of their taxable income as tax - do not report income under the head, "Other Sources"," the...
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Rent-a-womb, a thriving industry unbridled by law-Aarti Dhar
-The Hindu Ethical, legal issues thrown to the winds as poor women play surrogate mothers Right in the heart of this city, which found a place on the atlas as the Milk Capital of India, is a ‘fertility clinic-cum-hostel’ to house women who rent their wombs, mostly for foreign couples. The facility, which runs under the name Akanksha Fertility Clinic, caters for 30 surrogate mothers at any given point. Driven by poverty, the...
More »Shackled by timidity-Yoginder K Alagh
-The Indian Express Time to take the bolder steps, bring FDI to small towns When the GDP falls below 7 per cent, we need to start worrying. When it is less than 6 per cent, we must treat it as a crisis situation. Growth models show that the robust investment rates already achieved, and twice the productivity growth achieved in the 1980s and ’90s, will get us 8 per cent growth. This...
More »Experiments with Aadhaar-Bharat Bhatti, Jean Dreze and Reetika Khera
-The Hindu Technical glitches in the unique identification method make it unreliable in disbursing wages under the employment guarantee scheme Within a few weeks of “Aadhaar-enabled” payments of Mahatma Gandhi National Rural Employment Guarantee Scheme wages being initiated in Jharkhand, earlier this year, glowing accounts of this experiment started appearing in the national media. Some of them also gave the impression, intentionally or otherwise, that this successful experiment covered most of Jharkhand....
More »Dipankar Mukherjee passes away
-The Hindu Renowned trade union leader Dipankar Mukherjee (69), who passed away on Monday morning, was a brilliant parliamentarian with versatile capabilities. Elected to the Rajya Sabha in April 1994 from West Bengal as a Communist Party of India (Marxist) member, Mr. Mukherjee played an important role in intervening in all crucial economic and industrial policy-related issues during his 12-year-long parliamentary stint till 2006. Born in June 1943 in Kolkata, Mr. Mukherjee had...
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