-The Times of India Every month, the Delhi government spends Rs 20 crore of Taxpayers' money to provide security to 436 persons, who do not hold any constitutional post and 29 of whom face criminal case, the Supreme Court was informed on Wednesday. The annual tab comes to Rs 240 crore. As against this, the government spends just a little over Rs 3 crore a month to protect the President and Rashtrapati...
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Economy Survey sharpens debate over 'super-rich tax'
-The Times of India Amid the debate on a super-rich tax, the pre-Budget Economic Survey on Wednesday argued against raising tax rates significantly; instead, it said that the focus should be on people who have a taxable income but don't pay any income tax. "It is much better to achieve a higher tax-GDP ratio by broadening the base which is taxed rather than increasing marginal tax rates significantly — higher and higher...
More »The dishonest super-rich club of India-Tarun Chaturvedi
-The Business Standard Nobody will believe Finance Ministry data that only 400,000 Indians earn more than Rs 20 lakh a year I had barely finished my lecture in support of Tax on Super Rich, when this gentleman sprang up from the audience and asked me how the finance ministry will define “Super Rich” in India. I managed to answer his question by reminding him that certain issues should be left to the...
More »Rs 37L spent on room President used for an hour -Ravi Uppar
-The Times of India BELGAUM: Rs 198 lakh of the Taxpayers money was spent when the President was in Belgaum to inaugurate the Suvarna Vidhana Soudha in October. The government renovated the Circuit House (CH) ahead of President Pranab Mukherjee's visit. It spent over Rs 161 lakh on renovation and around Rs 37 lakh on furnishing the room, where Mukherjee spent just an hour on October 11. RTI activist Bhimappa Gadad from...
More »Socialism, Cash Down-Uttam Sengupta and Arindam Mukherjee
-Outlook Its ploy of Aadhar-hinged cash transfer may have won the Congress political points, but will it really be a game-changer? State-Wise 40% of the 22 crore Aadhar numbers are in Andhra Pradesh (4.7 crore) and Maharashtra (4 crore) 20% is what the two politically sensitive, Congress-ruled states account for of the 51 districts where DCT will be rolled out 55 lakh Aadhar numbers in TMC-run West Bengal. BJP-ruled Gujarat (57...
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