-The Times of India CHANDIGARH: Rubbing salt into the wounds of rain-hit farmers who were issued cheques of Rs 2 and Rs 3 as compensation, the Haryana government on Friday justified the criteria on which the entitlement was based, even claiming that in some were paid in excess. A farmer who got a cheque of Rs 3 in Jhajjar district, was actually given 33 paise in excess, according to a press note...
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Fixed deposits earning you negative returns-Mayur Shetty
-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required banks...
More »Landing an opportunity
-The Indian Express Digitisation of land records is a big step forward. Now to start guaranteeing titles While landlords across the country, several million of whom prefer to keep their houses locked up instead of renting them out, will cheer the cabinet clearance for the Real Estate (Regulation and Development) Bill, the even bigger change relates to the digitisation of land records. The real estate bill allows for the setting up of...
More »Question of survival -TK Rajalakshmi
-Frontline Despite the negative observations and criticisms, there is a strong case for MGNREGS works to be continued even in States with high per capita incomes. Hisar and Fatehabad: CONTRARY to general opinion, demand for work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is high in Haryana. Contrary also to the views in recent discussion papers, one of them commissioned by the Commission for Agricultural Cost and Prices...
More »LPG subsidy amount to be deposited 3-4 days after booking
-The Times of India HYDERABAD: The Centre has finally made clear how the direct cash transfer of LPG subsidy would take place in Hyderabad, Rangareddy, Anantapur, Chittoor and East Godavari districts from June 1. Consumers, who have already linked their Aadhaar number to their bank account and LPG consumer number, will receive their LPG subsidy directly into their Aadhaar-linked bank account within 3-4 days of booking the cylinder. The consumer will then...
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