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FRDI Bill: Understanding the basis of bail-in, and depositors' fear -Shaji Vikraman

-The Indian Express As the government tries to allay swirling apprehensions, The Indian Express explains the background, aims and rationale of the proposed new FRDI law. Some provisions of The Financial Resolution and Deposit Insurance Bill, 2017, popularly referred to as the FRDI Bill, which was tabled in Parliament this August, have given rise to concerns over protection for bank deposits in the proposed law. An online petition against the Bill — “Do not...

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Aadhaar must for I-T returns, PAN applications from July 1

-The Times of India NEW DELHI: The government said on Saturday that filing income tax returns and applications for permanent account number or PAN cards will, from July 1, mandatorily require Aadhaar cards, or at least the applicant's enrolment number for the unique identity (UID). The order came a day after the Supreme Court upheld the law, Section 139AA of the Income Tax Act, that mandates the possession of Aadhaar cards...

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Tough norms for NGOs seeking government funds -Dhananjay Mahapatra

-The Times of India NEW DELHI: Draft guidelines outlining stringent regulations intended to enhance accountability of lakhs of NGOs and voluntary organisations receiving nearly Rs 1,000 crore of government grants every year were submitted by the Centre to the Supreme Court on Wednesday . The guidelines may seem exhaustive for most NGOs and VOs as they said organisations wanting to get government funds must register afresh online with Niti Aayog's `NGO-Darpan' portal...

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Key drivers for good health -Soumya Swaminathan

-The Hindu This month marks the introduction of the Sustainable Development Goals (SDGs), which aim to dramatically improve lives across the world by 2030. This month marks the introduction of the Sustainable Development Goals (SDGs), which aim to dramatically improve lives across the world by 2030. The SDGs will help countries frame their policies and strategies towards achieving these mutually agreed upon goals and targets. SDG 3, which aims to ensure good...

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Rs 69,355 crores of debt that's killing Punjab farmers

-The Times of India PATIALA: The figure of Rs 70,000 crore cropped up frequently in 2015. This was the total amount that mutual fund firms invested in equity markets. This was also the amount that India offered to pay Russia to acquire anti-ballistic missile systems in what is considered the biggest defence deal between the two countries. Also, the Union finance minister proposed an increase in investment in infrastructure by Rs...

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