-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
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Data in doubt -Divya Trivedi
-Frontline The NCRB data used to justify the new law bringing down the age of responsibility for criminal action are open to interpretation. Often the same data can be interpreted in different ways to arrive at contrary conclusions. Portions of the National Crime Records Bureau (NCRB) data have been quoted ad nauseam by the government and the media alike to justify the changes made in the juvenile justice law. Experts from the...
More »Expect big rural push in Budget -Arup Roychoudhury & Sanjeeb Mukherjee
-Business Standard Allocation boost likely for schemes on agriculture, irrigation, rural roads In a move to boost rural Consumption and alleviate distress in the hinterland, the government is likely to give an allocation push in Budget 2016 to programmes on irrigation, rural roads, soil health cards and agriculture. According to officials, the Union Budget for 2016-17 could see a significant increase in allocation to marquee programmes like the Pradhan Mantri Krishi Sinchai Yojana,...
More »Third year in a row, horticulture output beats grain production -Vishwa Mohan
-The Times of India NEW DELHI: India's horticulture output has outpaced the production of foodgrains third year in a row in 2014-15 despite deficit monsoon, unseasonal rains and hailstorms. Besides, horticulture production also showed continuous increase unlike foodgrain output which reported a decline in 2014-15 as compared to 2013-14. The figures are part of the horticultural statistics, released by the agriculture ministry on Thursday. The report - Horticultural Statistics at a Glance...
More »Smoking dips 10% in 2 years in India but women smokers up sharply -Rema Nagarajan & Atul Thakur
-The Times of India Cigarette Consumption in India is falling steadily even as the number of women smokers is rising, making it home to the second largest number of female smokers after the United States. According to the latest data on cigarette Consumption given by the health ministry in Parliament, the Consumption in 2014-15 was 93.2 billion sticks — 10 billion less than in 2012-13. The production of cigarettes too fell from...
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