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We should tax agriculture. But how? -Madan Sabnavis

-The Hindu Business Line While the idea is reasonable, the issue is so political that it will automatically ring in negative points for the implementer The subject of Taxation on farm income has once again taken centre stage not just because there have been some distinguished opinions voiced on this subject but also that this has been recognised as one area where money is channelled to avoid paying taxes. As the focus...

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Government planning 'one nation, one market' in agriculture sector -Sayantan Bera

-Livemint.com The government’s model law for agricultural reforms aims to allow farmers a wider choice of markets beyond the local mandi New Delhi: The National Democratic Alliance (NDA) government is working on creating a common agricultural market that will improve the lot of farmers and the efficiencies of India’s notoriously inefficient farm-produce markets. The government put out a model law proposing a fundamental reset in the way agricultural markets operate on 24 April....

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Cong smells farm tax

-The Telegraph New Delhi: The Congress today alleged that the Narendra Modi government was testing the waters on bringing agricultural income within the tax ambit and declared its intention to build a movement of farmers if the idea was implemented. "This government is harassing industrialists, traders, students, political rivals... only one section of the society was left, that is farmers," Congress leader Ghulam Nabi Azad said. "The statements coming from important people in...

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CAG protests refusal of access to GSTN data -Pradeep Thakur

-The Times of India NEW DELHI: The Comptroller and Auditor General (CAG) has protested with the finance ministry against the Goods and Services Tax Network (GSTN), a special purpose vehicle majority owned by private companies, refusing to give access to taxpayers data on its network for scrutiny and audit. The GSTN is a private limited company floated to aid the rollout of the new indirect tax regime. The company will provide information...

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